Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

TCC Steel Corp. (002710.KS)

Company Dividend Discount ModelIndustry: SteelSector: Basic Materials

Valuation Snapshot

Stable Growth$2,455.83 - $7,464.38$3,908.41
Multi-Stage$2,189.33 - $2,397.89$2,291.68
Blended Fair Value$3,100.04
Current Price$15,840.00
Upside-80.43%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.68%9.92%27.1940.5944.366.2510.0221.640.000.000.0011.19
YoY Growth---33.00%-8.50%609.61%-37.59%-53.71%0.00%0.00%0.00%-100.00%6.00%
Dividend Yield--0.13%0.07%0.19%0.06%0.22%1.55%0.00%0.00%0.00%0.55%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,613.64
(-) Cash Dividends Paid (M)2,621.37
(=) Cash Retained (M)4,992.27
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,522.73951.70571.02
Cash Retained (M)4,992.274,992.274,992.27
(-) Cash Required (M)-1,522.73-951.70-571.02
(=) Excess Retained (M)3,469.544,040.564,421.25
(/) Shares Outstanding (M)78.8878.8878.88
(=) Excess Retained per Share43.9851.2256.05
LTM Dividend per Share33.2333.2333.23
(+) Excess Retained per Share43.9851.2256.05
(=) Adjusted Dividend77.2284.4589.28
WACC / Discount Rate7.16%7.16%7.16%
Growth Rate3.89%4.89%5.89%
Fair Value$2,455.83$3,908.41$7,464.38
Upside / Downside-84.50%-75.33%-52.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,613.647,986.138,376.858,786.689,216.569,667.479,957.50
Payout Ratio34.43%45.54%56.66%67.77%78.89%90.00%92.50%
Projected Dividends (M)2,621.373,637.204,746.155,954.907,270.578,700.739,210.69

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.16%7.16%7.16%
Growth Rate3.89%4.89%5.89%
Year 1 PV (M)3,361.853,394.213,426.57
Year 2 PV (M)4,054.754,133.184,212.36
Year 3 PV (M)4,702.284,839.374,979.10
Year 4 PV (M)5,306.565,513.845,727.13
Year 5 PV (M)5,869.636,157.616,456.78
PV of Terminal Value (M)149,402.59156,732.60164,347.53
Equity Value (M)172,697.66180,770.81189,149.47
Shares Outstanding (M)78.8878.8878.88
Fair Value$2,189.33$2,291.68$2,397.89
Upside / Downside-86.18%-85.53%-84.86%

High-Yield Dividend Screener

« Prev Page 4 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
VKQInvesco Municipal Trust8.62%$0.8469.07%
ARCCAres Capital Corporation8.61%$1.7691.56%
TPVGTriplePoint Venture Growth BDC Corp.8.52%$0.5767.26%
C-PJCitigroup Inc.8.49%$2.1326.99%
RVTRoyce Value Trust Inc.8.42%$1.3639.40%
OGNOrganon & Co.8.37%$0.6131.54%
MITTAG Mortgage Investment Trust, Inc.8.12%$0.7043.47%
CAGConagra Brands, Inc.8.06%$1.3978.70%
NOGNorthern Oil and Gas, Inc.8.02%$1.7794.64%
PAAPlains All American Pipeline, L.P.8.00%$1.4690.71%
TSLXSixth Street Specialty Lending, Inc.8.00%$1.7385.26%
ACCOACCO Brands Corporation7.90%$0.2967.00%
ETDEthan Allen Interiors Inc.7.90%$1.8197.75%
CQPCheniere Energy Partners, L.P.7.82%$4.2388.03%
UNMAUnum Group 6.250% JR NT587.69%$1.7933.52%
WRB-PHW.R. Berkley Corporation 4.125%7.68%$1.2726.69%
JHSJohn Hancock Income Securities Trust7.65%$0.8994.90%
NIDNuveen Intermediate Duration Municipal Term Fund7.59%$1.0284.59%
HWCPZHancock Whitney Corporation - 67.58%$1.7731.35%
WRB-PGW.R. Berkley Corporation 4.25%7.54%$1.2726.69%
NMTNuveen Massachusetts Quality Municipal Income Fund7.48%$0.8580.62%
LOANManhattan Bridge Capital, Inc.7.45%$0.3574.53%
OPALOPAL Fuels Inc.7.43%$0.1846.94%
ZIONLZions Bancorporation N.A. - 6.97.42%$1.8632.04%
GMTAGATX Corporation SR NT 20667.41%$1.8621.29%
IIMInvesco Value Municipal Income Trust7.41%$0.9264.33%
JMMNuveen Multi-Market Income Fund7.28%$0.4461.06%
BKEThe Buckle, Inc.7.26%$3.9196.21%
MHIPioneer Municipal High Income Fund, Inc.7.19%$0.6413.70%
ORIOld Republic International Corporation7.19%$3.1193.13%
PMFPIMCO Municipal Income Fund7.07%$0.5992.59%
RYNRayonier Inc.7.04%$1.5230.67%
DRQDril-Quip, Inc.7.02%$1.0850.37%
TRINITrinity Capital Inc. 7.875% Notes Due 20297.02%$1.7883.48%
C-PNCitigroup Capital XIII TR PFD SECS7.01%$2.1326.99%
VPVInvesco Pennsylvania Value Municipal Income Trust6.98%$0.7360.22%
VCVInvesco California Value Municipal Income Trust6.97%$0.7860.58%
EOTEaton Vance National Municipal Opportunities Trust6.96%$1.1869.84%
FLATXFidelity Latin America Fund6.92%$1.1539.63%
EGYVAALCO Energy, Inc.6.91%$0.2592.67%
NOMNuveen Missouri Quality Municipal Income Fund6.91%$0.8278.81%
UBCPUnited Bancorp, Inc.6.90%$0.9996.30%
TBCAT&T Inc. 5.625% Global Notes d6.89%$1.7255.65%
GTNGray Media, Inc.6.87%$0.3334.04%
HEPHolly Energy Partners, L.P.6.86%$1.4074.08%
AFGAmerican Financial Group, Inc.6.85%$9.2396.49%
BANFPBFC Capital Trust II PFD TR 7.20%6.85%$1.8025.72%
CFG-PDCitizens Financial Group, Inc.6.83%$1.7143.60%
RCIIRent-A-Center, Inc.6.81%$1.8279.98%
SPHSuburban Propane Partners, L.P.6.81%$1.2778.56%