Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tong Hsing Electronic Industries, Ltd. (6271.TW)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$121.78 - $239.67$168.23
Multi-Stage$169.51 - $186.06$177.63
Blended Fair Value$172.93
Current Price$107.00
Upside61.61%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-12.75%-7.88%2.405.977.684.702.764.744.744.674.674.67
YoY Growth---59.85%-22.30%63.62%69.85%-41.67%0.00%1.50%0.00%0.00%-14.29%
Dividend Yield--2.17%3.97%5.03%1.89%1.58%3.86%4.11%3.32%3.08%4.44%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,561.21
(-) Cash Dividends Paid (M)501.74
(=) Cash Retained (M)1,059.47
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)312.24195.15117.09
Cash Retained (M)1,059.471,059.471,059.47
(-) Cash Required (M)-312.24-195.15-117.09
(=) Excess Retained (M)747.23864.32942.38
(/) Shares Outstanding (M)209.30209.30209.30
(=) Excess Retained per Share3.574.134.50
LTM Dividend per Share2.402.402.40
(+) Excess Retained per Share3.574.134.50
(=) Adjusted Dividend5.976.536.90
WACC / Discount Rate6.77%6.77%6.77%
Growth Rate1.79%2.79%3.79%
Fair Value$121.78$168.23$239.67
Upside / Downside13.81%57.22%123.99%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,561.211,604.721,649.441,695.401,742.651,791.221,844.95
Payout Ratio32.14%43.71%55.28%66.86%78.43%90.00%92.50%
Projected Dividends (M)501.74701.43911.851,133.471,366.721,612.101,706.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.77%6.77%6.77%
Growth Rate1.79%2.79%3.79%
Year 1 PV (M)650.53656.92663.31
Year 2 PV (M)784.33799.81815.45
Year 3 PV (M)904.20931.12958.56
Year 4 PV (M)1,011.171,051.491,093.02
Year 5 PV (M)1,106.171,161.581,219.20
PV of Terminal Value (M)31,022.7932,576.9434,192.76
Equity Value (M)35,479.1937,177.8738,942.29
Shares Outstanding (M)209.30209.30209.30
Fair Value$169.51$177.63$186.06
Upside / Downside58.42%66.01%73.89%

High-Yield Dividend Screener

« Prev Page 35 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3487.TCRE Logistics REIT, Inc.4.46%$7,526.1570.87%
6012.KLMaxis Berhad4.46%$0.1791.48%
7052.KLPadini Holdings Berhad4.46%$0.0848.65%
CRAV.PACaisse régionale de Crédit Agricole Mutuel Atlantique Vendée4.46%$6.2528.59%
GWCS.QAGulf Warehousing Company Q.P.S.C.4.46%$0.1054.78%
005940.KSNH Investment & Securities Co., Ltd.4.45%$948.2345.04%
0291.HKChina Resources Beer (Holdings) Company Limited4.45%$1.1843.56%
600269.SSJiangxi Ganyue Expressway CO.,LTD.4.45%$0.2330.75%
ASCO.ATAs Commercial Industrial Company of Computers and Toys S.A.4.45%$0.1843.19%
BOKUS.STBokusgruppen AB (publ)4.45%$3.3986.63%
000598.SZChengdu Xingrong Environment Co., Ltd.4.44%$0.3244.55%
058860.KSKTIS Corporation4.44%$120.0910.16%
DEWA.AEDubai Electricity and Water Authority (PJSC)4.44%$0.1285.40%
GALP.LSGalp Energia, SGPS, S.A.4.44%$0.6549.23%
MONC.MIMoncler S.p.A.4.44%$2.4352.33%
ORTHEX.HEOrthex Oyj4.44%$0.2157.93%
6270.TWOProfessional Computer Technology Limited4.43%$1.0076.06%
9802.TWFulgent Sun International (Holding) Co., Ltd.4.43%$4.5266.25%
FROTO.ISFord Otomotiv Sanayi A.S.4.43%$4.2443.47%
TCM.COTCM Group A/S4.43%$2.9746.27%
YDUQ3.SAYduqs Participações S.A.4.43%$0.5461.33%
1651.HKPrecision Tsugami (China) Corporation Limited4.42%$1.5345.55%
210980.KSSK D&D Co. Ltd.4.42%$600.1317.82%
HER.MIHera S.p.A.4.42%$0.1851.61%
015360.KSINVENI Co., Ltd.4.41%$2,880.2415.75%
603889.SSZhejiang Xinao Textiles Inc.4.41%$0.3558.00%
6214.TWSystex Corporation4.41%$5.2176.44%
BGIP3.SABanco do Estado de Sergipe S.A.4.41%$1.7021.11%
TLDN.JKPT Teladan Prima Agro Tbk4.41%$30.8931.72%
WEHA.JKPT WEHA Transportasi Indonesia Tbk4.41%$6.0038.19%
1662.HKYee Hop Holdings Limited4.40%$0.1052.30%
267850.KSAsiana IDT, Inc.4.40%$499.2843.32%
605599.SSBeijing Caishikou Department Store Co.,Ltd.4.40%$0.7268.99%
7202.SRArabian Internet and Communications Services Co. Ltd.4.40%$9.9276.74%
8415.TWOBrighton-Best International (Taiwan) Inc.4.40%$1.4856.16%
ISB.ICÍslandsbanki hf.4.40%$6.5447.32%
NCC.AENational Cement Company (Public Shareholding Co.)4.40%$0.2039.44%
WUW.DEWüstenrot & Württembergische AG4.40%$0.6543.88%
0QM5.LEmmi AG4.39%$32.0142.17%
2615.TWWan Hai Lines Ltd.4.39%$3.4928.69%
3234.TMori Hills REIT Investment Corporation4.39%$6,539.4066.38%
BUMP.LSeraphine Group PLC4.39%$1.3476.06%
COM7-R.BKCom7 Public Company Limited4.39%$0.8652.19%
CVECenovus Energy Inc.4.39%$0.7743.95%
VVV3.DEÖkoworld AG4.39%$1.1816.92%
139130.KSiM Financial Group Co., Ltd.4.38%$670.3330.22%
5200.KLUOA Development Bhd4.38%$0.0852.34%
600346.SSHengli Petrochemical Co.,Ltd.4.38%$0.9999.77%
SCHAND.BOS Chand and Company Limited4.38%$7.0248.25%
3029.TWZero One Technology Co., Ltd.4.37%$5.0085.70%