Definitive Analysis
| Stable Growth | $1,874,449.76 - $6,053,133.25 | $5,672,672.33 |
| Multi-Stage | $788,567.32 - $863,595.20 | $825,390.56 |
| Blended Fair Value | $3,249,031.45 | |
| Current Price | $145,000.00 | |
| Upside | 2,140.71% | |
| Decision | Buy | |
| Metric | 5Y CAGR | 10Y CAGR | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DPS | 8.02% | 29.13% | 2,655.57 | 2,305.62 | 6,155.06 | 3,005.52 | 2,905.54 | 1,805.89 | 1,605.90 | 805.86 | 1,005.79 | 705.93 |
| YoY Growth | - | - | 15.18% | -62.54% | 104.79% | 3.44% | 60.89% | 12.45% | 99.28% | -19.88% | 42.48% | 242.77% |
| Dividend Yield | - | - | 3.64% | 3.45% | 11.19% | 3.83% | 3.39% | 3.63% | 2.52% | 0.97% | 2.14% | 1.61% |
| Net Income To Common (M) | 1,777,482.98 |
| (-) Cash Dividends Paid (M) | 232,740.00 |
| (=) Cash Retained (M) | 1,544,742.98 |
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| Required Retention Ratio | 20.0% | 12.5% | 7.5% |
| (=) Cash Required (M) | 355,496.60 | 222,185.37 | 133,311.22 |
| Cash Retained (M) | 1,544,742.98 | 1,544,742.98 | 1,544,742.98 |
| (-) Cash Required (M) | -355,496.60 | -222,185.37 | -133,311.22 |
| (=) Excess Retained (M) | 1,189,246.39 | 1,322,557.61 | 1,411,431.76 |
| (/) Shares Outstanding (M) | 58.40 | 58.40 | 58.40 |
| (=) Excess Retained per Share | 20,364.16 | 22,646.92 | 24,168.77 |
| LTM Dividend per Share | 3,985.34 | 3,985.34 | 3,985.34 |
| (+) Excess Retained per Share | 20,364.16 | 22,646.92 | 24,168.77 |
| (=) Adjusted Dividend | 24,349.50 | 26,632.26 | 28,154.11 |
| WACC / Discount Rate | 6.87% | 6.87% | 6.87% |
| Growth Rate | 5.50% | 6.50% | 7.50% |
| Fair Value | $1,874,449.76 | $5,672,672.33 | $6,053,133.25 |
| Upside / Downside | 1,192.72% | 3,812.19% | 4,074.57% |
| Metric | TTM | Dec-27 | Dec-28 | Dec-29 | Dec-30 | Dec-31 | Terminal |
|---|---|---|---|---|---|---|---|
| Net Income (M) | 1,777,482.98 | 1,893,019.38 | 2,016,065.64 | 2,147,109.91 | 2,286,672.05 | 2,435,305.73 | 2,508,364.90 |
| Payout Ratio | 13.09% | 28.48% | 43.86% | 59.24% | 74.62% | 90.00% | 92.50% |
| Projected Dividends (M) | 232,740.00 | 539,037.97 | 884,171.35 | 1,271,894.63 | 1,706,286.31 | 2,191,775.16 | 2,320,237.54 |
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| WACC / Discount Rate | 6.87% | 6.87% | 6.87% |
| Growth Rate | 5.50% | 6.50% | 7.50% |
| Year 1 PV (M) | 499,648.40 | 504,384.40 | 509,120.41 |
| Year 2 PV (M) | 759,673.06 | 774,142.69 | 788,748.84 |
| Year 3 PV (M) | 1,012,946.63 | 1,042,024.69 | 1,071,653.97 |
| Year 4 PV (M) | 1,259,599.50 | 1,308,040.14 | 1,357,864.70 |
| Year 5 PV (M) | 1,499,759.83 | 1,572,198.79 | 1,647,410.16 |
| PV of Terminal Value (M) | 41,019,915.45 | 43,001,192.71 | 45,058,298.11 |
| Equity Value (M) | 46,051,542.87 | 48,201,983.43 | 50,433,096.18 |
| Shares Outstanding (M) | 58.40 | 58.40 | 58.40 |
| Fair Value | $788,567.32 | $825,390.56 | $863,595.20 |
| Upside / Downside | 443.84% | 469.23% | 495.58% |
| Ticker ⇵ | Company ⇵ | Dividend Yield % ▼ | Dividend Per Share ⇵ | Payout Ratio % ⇵ |
|---|---|---|---|---|
| EG7.IR | FBD Holdings plc | 12.49% | $1.97 | 61.47% |
| WILC | G. Willi-Food International Ltd. | 12.48% | $3.58 | 52.70% |
| 9908.HK | JiaXing Gas Group Co., Ltd. | 12.44% | $1.02 | 40.94% |
| MPMX.JK | PT Mitra Pinasthika Mustika Tbk | 12.44% | $120.00 | 95.84% |
| 0QL5.L | Carlo Gavazzi Holding AG | 12.42% | $20.00 | 62.49% |
| GOZ.AX | Growthpoint Properties Australia | 12.40% | $0.30 | 16.37% |
| 1999.HK | Man Wah Holdings Limited | 12.39% | $0.57 | 57.62% |
| 1285.HK | Jiashili Group Limited | 12.38% | $0.14 | 55.24% |
| 600015.SS | Hua Xia Bank Co., Limited | 12.36% | $0.85 | 49.77% |
| BNP.DE | BNP Paribas S.A. | 12.28% | $10.07 | 51.11% |
| 0836.HK | China Resources Power Holdings Company Limited | 12.20% | $2.15 | 41.97% |
| BIS.AX | Bisalloy Steel Group Limited | 12.19% | $0.59 | 81.88% |
| KBS.BK | Khonburi Sugar Public Company Limited | 12.17% | $0.70 | 56.34% |
| 9300.SR | Alwaha REIT Fund | 12.14% | $1.18 | 71.67% |
| 2005.HK | SSY Group Limited | 12.13% | $0.35 | 50.50% |
| BGI-UN.TO | Brookfield Global Infrastructure Securities Income Fund | 12.09% | $0.96 | 46.13% |
| 2003.HK | VCREDIT Holdings Limited | 12.07% | $0.32 | 18.47% |
| 1713.HK | Sichuan Energy Investment Development Co., Ltd. | 12.02% | $0.29 | 41.35% |
| NSI.AS | NSI N.V. | 12.02% | $2.33 | 30.60% |
| RIO1.DE | Rio Tinto Group | 12.02% | $8.28 | 64.54% |
| IGL.AX | IVE Group Limited | 12.01% | $0.35 | 74.81% |
| 0G5B.L | Sto SE & Co. KGaA | 12.00% | $14.64 | 83.41% |
| CDU.LS | Conduril - Engenharia, S.A. | 12.00% | $1.80 | 69.00% |
| 2156.HK | C&D Property Management Group Co. Limited | 11.98% | $0.33 | 54.74% |
| 0057.HK | Chen Hsong Holdings Limited | 11.94% | $0.19 | 45.38% |
| BBSE3.SA | BB Seguridade Participações S.A. | 11.93% | $4.26 | 91.94% |
| SWUT.VI | SW Umwelttechnik Stoiser & Wolschner AG | 11.93% | $3.70 | 34.18% |
| 0Q76.L | CBo Territoria S.A. | 11.92% | $0.44 | 61.80% |
| ALCOF.PA | Cofidur S.A. | 11.92% | $34.80 | 38.87% |
| 0239.HK | Pak Fah Yeow International Limited | 11.87% | $0.28 | 52.60% |
| 2356.HK | Dah Sing Banking Group Limited | 11.87% | $1.29 | 41.19% |
| 3311.HK | China State Construction International Holdings Limited | 11.87% | $1.10 | 29.31% |
| ENGI.PA | Engie S.A. | 11.87% | $2.73 | 76.93% |
| SENA.BK | Sena Development Public Company Limited | 11.86% | $0.20 | 74.93% |
| 4348.SR | Alkhabeer REIT Fund | 11.85% | $0.66 | 98.08% |
| AWZ.SI | Multi-Chem Limited | 11.83% | $0.41 | 60.70% |
| 0331.HK | FSE Lifestyle Services Limited | 11.81% | $0.67 | 31.73% |
| SUL.AX | Super Retail Group Limited | 11.78% | $1.87 | 91.92% |
| 2877.HK | China Shineway Pharmaceutical Group Limited | 11.77% | $1.01 | 39.47% |
| DSWL | Deswell Industries, Inc. | 11.77% | $0.40 | 27.95% |
| 0855.HK | China Water Affairs Group Limited | 11.75% | $0.62 | 56.78% |
| 0659.HK | CTF Services Limited | 11.70% | $0.88 | 76.18% |
| DRA.AX | DRA Global Limited | 11.69% | $0.21 | 58.65% |
| GWA.AX | GWA Group Limited | 11.68% | $0.29 | 95.40% |
| 0968.HK | Xinyi Solar Holdings Limited | 11.67% | $0.36 | 70.18% |
| ENI-UN.TO | Energy Income Fund | 11.66% | $0.23 | 56.38% |
| TCF.AX | 360 Capital Mortgage REIT | 11.66% | $0.67 | 76.18% |
| 3316.HK | Binjiang Service Group Co. Ltd. | 11.65% | $2.76 | 69.09% |
| CC3.SI | StarHub Ltd | 11.65% | $0.13 | 81.69% |
| TFG-R.BK | Thaifoods Group Public Company Limited | 11.65% | $0.52 | 42.58% |