Definitive Analysis
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

Analysis Mode

Ticker

Industry

Sector

Tropical Canning (Thailand) Public Company Limited (TC.BK)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$8.69 - $14.80$11.34
Multi-Stage$16.89 - $18.57$17.72
Blended Fair Value$14.53
Current Price$5.25
Upside176.72%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-7.79%0.00%0.100.500.150.250.120.150.050.100.150.15
YoY Growth---80.00%233.33%-40.00%108.33%-20.00%200.00%-50.00%-33.33%0.00%49.99%
Dividend Yield--1.65%8.17%1.78%2.92%2.12%6.03%1.29%3.30%4.53%3.48%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)233.89
(-) Cash Dividends Paid (M)99.00
(=) Cash Retained (M)134.89
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)46.7829.2417.54
Cash Retained (M)134.89134.89134.89
(-) Cash Required (M)-46.78-29.24-17.54
(=) Excess Retained (M)88.11105.65117.35
(/) Shares Outstanding (M)330.89330.89330.89
(=) Excess Retained per Share0.270.320.35
LTM Dividend per Share0.300.300.30
(+) Excess Retained per Share0.270.320.35
(=) Adjusted Dividend0.570.620.65
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate-0.19%0.81%1.81%
Fair Value$8.69$11.34$14.80
Upside / Downside65.43%115.99%181.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)233.89235.79237.70239.63241.57243.53250.84
Payout Ratio42.33%51.86%61.40%70.93%80.47%90.00%92.50%
Projected Dividends (M)99.00122.28145.94169.97194.38219.18232.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate-0.19%0.81%1.81%
Year 1 PV (M)113.89115.03116.17
Year 2 PV (M)126.58129.13131.70
Year 3 PV (M)137.30141.47145.72
Year 4 PV (M)146.23152.18158.31
Year 5 PV (M)153.56161.41169.58
PV of Terminal Value (M)4,911.665,162.695,423.88
Equity Value (M)5,589.225,861.906,145.36
Shares Outstanding (M)330.89330.89330.89
Fair Value$16.89$17.72$18.57
Upside / Downside221.75%237.44%253.76%

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%