Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Digital Telecommunications Infrastructure Fund (DIF.BK)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$9.64 - $14.57$11.97
Multi-Stage$19.18 - $21.12$20.13
Blended Fair Value$16.05
Current Price$9.05
Upside77.34%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS-1.26%0.00%0.890.961.041.041.040.950.700.530.520.00
YoY Growth---7.15%-7.62%-0.29%0.00%9.72%36.49%31.56%1.73%0.00%0.00%
Dividend Yield--11.45%12.17%8.20%7.40%8.70%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)11,936.20
(-) Cash Dividends Paid (M)2,362.13
(=) Cash Retained (M)9,574.07
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,387.241,492.03895.22
Cash Retained (M)9,574.079,574.079,574.07
(-) Cash Required (M)-2,387.24-1,492.03-895.22
(=) Excess Retained (M)7,186.838,082.048,678.85
(/) Shares Outstanding (M)10,631.6510,631.6510,631.65
(=) Excess Retained per Share0.680.760.82
LTM Dividend per Share0.220.220.22
(+) Excess Retained per Share0.680.760.82
(=) Adjusted Dividend0.900.981.04
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate-2.00%-1.00%0.00%
Fair Value$9.64$11.97$14.57
Upside / Downside6.56%32.23%61.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)11,936.2011,816.8411,698.6711,581.6911,465.8711,351.2111,691.75
Payout Ratio19.79%33.83%47.87%61.92%75.96%90.00%92.50%
Projected Dividends (M)2,362.133,997.845,600.607,170.908,709.2410,216.0910,814.87

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)3,694.183,731.873,769.57
Year 2 PV (M)4,782.104,880.194,979.28
Year 3 PV (M)5,657.845,832.816,011.35
Year 4 PV (M)6,349.646,612.806,884.06
Year 5 PV (M)6,882.497,240.887,614.04
PV of Terminal Value (M)176,544.81185,737.91195,310.05
Equity Value (M)203,911.06214,036.47224,568.36
Shares Outstanding (M)10,631.6510,631.6510,631.65
Fair Value$19.18$20.13$21.12
Upside / Downside111.93%122.45%133.40%

High-Yield Dividend Screener

« Prev Page 3 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
1272.HKDatang Environment Industry Group Co., Ltd.13.53%$0.1542.28%
MID-UN.TOMINT Income Fund13.47%$1.0661.55%
1126.HKDream International Limited13.45%$1.1550.50%
HCO.PAHigh Co. S.A.13.45%$0.5362.33%
2348.HKDawnrays Pharmaceutical (Holdings) Limited13.44%$0.1633.06%
0384.HKChina Gas Holdings Limited13.43%$1.0494.76%
AEFAbrdn Emerging Markets Equity Income Fund Inc13.42%$0.9661.57%
9616.HKNeutech Group Limited13.40%$0.3455.10%
WN-PA.TOGeorge Weston Limited13.36%$3.4127.39%
CY4.FKelsian Group Limited13.31%$0.3278.26%
1100.HKMainland Headwear Holdings Limited13.28%$0.1742.95%
1755.HKS-Enjoy Service Group Co., Limited13.28%$0.3733.22%
DRR.AXDeterra Royalties Limited13.28%$0.5593.57%
2942.TWOJing-Jan Retail Business Co., Ltd.13.27%$4.1962.94%
1985.HKMicroware Group Limited13.26%$0.1768.95%
SSG.AXShaver Shop Group Limited13.25%$0.2086.08%
1553.HKMaike Tube Industry Holdings Limited13.22%$0.2027.92%
3306.HKJNBY Design Limited13.22%$2.5577.85%
0363.HKShanghai Industrial Holdings Limited13.17%$1.9035.00%
0579.HKBeijing Jingneng Clean Energy Co., Limited13.09%$0.3042.68%
RI.PAPernod Ricard S.A.13.06%$9.5377.43%
VULC3.SAVulcabras S.A.13.05%$2.6060.16%
600919.SSBank of Jiangsu Co., Ltd.13.01%$1.3572.63%
1551.HKGuangzhou Rural Commercial Bank Co., Ltd.13.00%$0.2058.85%
EIT-UN.TOCanoe EIT Income Fund13.00%$2.0542.34%
4334.SRAl Maather Reit Fund12.98%$1.1689.22%
BCE-PA.TOBCE Inc.12.97%$2.7139.91%
HLO.AXHelloworld Travel Limited12.97%$0.2567.50%
4347.SRBonyan REIT Fund12.96%$1.2193.24%
1526.HKRici Healthcare Holdings Limited12.94%$0.1438.91%
3709.HKEEKA Fashion Holdings Limited12.93%$0.9958.41%
ELSA.JKPT Elnusa Tbk12.90%$65.7979.08%
3348.HKChina PengFei Group Limited12.88%$0.1642.43%
BAYU.JKPT Bayu Buana Tbk12.87%$175.0059.18%
MJLF.BKMajor Cineplex Lifestyle Leasehold Property Fund.12.81%$0.6246.37%
037460.KQSamji Electronics Co., Ltd.12.80%$1,880.7647.73%
1785.HKChengdu Expressway Co., Ltd.12.79%$0.2688.07%
GWO-PN.TOGreat-West Lifeco Inc.12.76%$2.3953.09%
UNC.TOUnited Corporations Limited12.75%$1.8760.14%
FDJ.PAFDJ United12.74%$3.8390.91%
IRAO.MEPJSC Inter RAO UES12.74%$0.3919.11%
0OGG.LS.A. Catana Group12.72%$0.3722.37%
TAPG.JKPT Triputra Agro Persada Tbk12.65%$191.0090.66%
2407.HKGaush Meditech Ltd12.64%$1.0277.13%
MPCK.DEMPC Münchmeyer Petersen Capital AG12.63%$0.6260.64%
EDL.DEEdel SE & Co. KGaA12.60%$0.5754.20%
0086.HKSun Hung Kai & Co. Limited12.59%$0.5294.25%
4340.SRAl Rajhi REIT Fund12.56%$1.0083.50%
TRMDTORM plc12.54%$2.4890.35%
0819.HKTianneng Power International Limited12.50%$0.8935.06%