Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Ho Tung Chemical Corp. (1714.TW)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$3.98 - $6.17$5.00
Multi-Stage$9.20 - $10.13$9.66
Blended Fair Value$7.33
Current Price$7.94
Upside-7.74%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.64%0.00%0.300.100.420.710.000.150.310.000.000.00
YoY Growth--200.00%-76.20%-39.96%0.00%-100.00%-50.00%0.00%0.00%0.00%0.00%
Dividend Yield--3.59%1.15%4.72%6.75%0.00%2.50%4.57%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)423.53
(-) Cash Dividends Paid (M)201.29
(=) Cash Retained (M)222.25
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)84.7152.9431.76
Cash Retained (M)222.25222.25222.25
(-) Cash Required (M)-84.71-52.94-31.76
(=) Excess Retained (M)137.54169.30190.48
(/) Shares Outstanding (M)998.45998.45998.45
(=) Excess Retained per Share0.140.170.19
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.140.170.19
(=) Adjusted Dividend0.340.370.39
WACC / Discount Rate6.35%6.35%6.35%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3.98$5.00$6.17
Upside / Downside-49.86%-37.07%-22.23%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)423.53419.30415.10410.95406.84402.77414.86
Payout Ratio47.53%56.02%64.52%73.01%81.51%90.00%92.50%
Projected Dividends (M)201.29234.89267.81300.04331.60362.50383.74

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.35%6.35%6.35%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)218.63220.86223.09
Year 2 PV (M)232.00236.76241.57
Year 3 PV (M)241.93249.41257.04
Year 4 PV (M)248.86259.17269.81
Year 5 PV (M)253.21266.40280.13
PV of Terminal Value (M)7,991.378,407.508,840.78
Equity Value (M)9,186.009,640.1010,112.41
Shares Outstanding (M)998.45998.45998.45
Fair Value$9.20$9.66$10.13
Upside / Downside15.87%21.60%27.56%

High-Yield Dividend Screener

« Prev Page 30 of 30
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
LZOEXLazard Emerging Markets Equity Portfolio0.09%$0.0236.87%
PWRQuanta Services, Inc.0.09%$0.395.78%
AAMIAcadian Asset Management0.08%$0.041.59%
PDLBPonce Financial Group, Inc.0.08%$0.011.31%
VRTVertiv Holdings Co0.08%$0.155.48%
0J46.LHEICO Corporation0.07%$0.234.98%
0JYM.LMarkel Corporation0.07%$1.410.87%
CHCIComstock Holding Companies, Inc.0.06%$0.010.56%
MTVCMotive Capital Corp II0.06%$0.012.21%
ENJEntergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 20520.05%$0.010.31%
ENOEntergy New Orleans, LLC First Mortgage Bonds, 5.50% Series due April 1, 20660.05%$0.010.31%
AJRDAerojet Rocketdyne Holdings, Inc.0.04%$0.022.70%
ERESEast Resources Acquisition Company0.04%$0.001.55%
NBNNortheast Bank0.04%$0.040.38%
ARHSArhaus, Inc.0.03%$0.000.61%
BSIGBrightSphere Investment Group Inc.0.03%$0.010.34%
EWCZEuropean Wax Center, Inc.0.03%$0.000.37%
WIREEncore Wire Corporation0.03%$0.080.42%
ACFNAcorn Energy, Inc.0.02%$0.000.09%
ACMRACM Research, Inc.0.02%$0.010.62%
CFBCrossFirst Bankshares, Inc.0.02%$0.000.21%
FDSBFifth District Savings Bank0.02%$0.000.35%
GRDNGuardian Pharmacy Services, Inc.0.02%$0.000.75%
NVDANVIDIA Corporation0.02%$0.040.98%
AMGAffiliated Managers Group, Inc.0.01%$0.040.23%
BSX-PABoston Scientific Corporation0.01%$0.020.82%
FIGRFigure Technology Solutions, Inc. Class A Common Stock0.01%$0.002.22%
GNRCGenerac Holdings Inc.0.01%$0.010.18%
LAURLaureate Education, Inc.0.01%$0.000.22%
PLNTPlanet Fitness, Inc.0.01%$0.010.57%
SUMSummit Materials, Inc.0.01%$0.000.32%
BEBloom Energy Corporation0.00%$0.006.20%
BJRIBJ's Restaurants, Inc.0.00%$0.000.01%
CXWCoreCivic, Inc.0.00%$0.000.04%
INFAInformatica Inc.0.00%$0.000.10%
MMMBMamaMancini's Holdings, Inc.0.00%$0.000.04%
PMOPutnam Municipal Opportunities Trust0.00%$0.000.05%
SENEASeneca Foods Corporation0.00%$0.000.04%
SLCAU.S. Silica Holdings, Inc.0.00%$0.000.02%
UNITUniti Group Inc.0.00%$0.000.00%