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

FocalTech Systems Co., Ltd. (3545.TW)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$40.23 - $73.69$54.07
Multi-Stage$52.43 - $57.48$54.91
Blended Fair Value$54.49
Current Price$66.10
Upside-17.57%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.68%-2.52%1.000.5015.713.230.690.690.690.880.980.60
YoY Growth--101.07%-96.82%385.71%366.67%0.00%0.00%-21.05%-10.49%63.26%-53.64%
Dividend Yield--1.51%0.53%20.27%2.22%0.38%1.71%1.97%1.93%1.70%1.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)599.30
(-) Cash Dividends Paid (M)217.15
(=) Cash Retained (M)382.15
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)119.8674.9144.95
Cash Retained (M)382.15382.15382.15
(-) Cash Required (M)-119.86-74.91-44.95
(=) Excess Retained (M)262.29307.23337.20
(/) Shares Outstanding (M)216.40216.40216.40
(=) Excess Retained per Share1.211.421.56
LTM Dividend per Share1.001.001.00
(+) Excess Retained per Share1.211.421.56
(=) Adjusted Dividend2.222.422.56
WACC / Discount Rate7.54%7.54%7.54%
Growth Rate1.93%2.93%3.93%
Fair Value$40.23$54.07$73.69
Upside / Downside-39.14%-18.20%11.48%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)599.30616.83634.87653.45672.56692.24713.01
Payout Ratio36.23%46.99%57.74%68.49%79.25%90.00%92.50%
Projected Dividends (M)217.15289.83366.58447.57532.99623.02659.53

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.54%7.54%7.54%
Growth Rate1.93%2.93%3.93%
Year 1 PV (M)266.90269.51272.13
Year 2 PV (M)310.86316.99323.18
Year 3 PV (M)349.50359.89370.48
Year 4 PV (M)383.26398.53414.24
Year 5 PV (M)412.55433.19454.65
PV of Terminal Value (M)9,622.7210,104.1210,604.60
Equity Value (M)11,345.7911,882.2312,439.28
Shares Outstanding (M)216.40216.40216.40
Fair Value$52.43$54.91$57.48
Upside / Downside-20.68%-16.93%-13.03%

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%