Definitive Analysis
| Stable Growth | $956,301.75 - $3,949,959.84 | $2,458,251.08 |
| Multi-Stage | $472,811.64 - $517,218.91 | $494,608.90 |
| Blended Fair Value | $1,476,429.99 | |
| Current Price | $100,700.00 | |
| Upside | 1,366.17% | |
| Decision | Buy | |
| Metric | 5Y CAGR | 10Y CAGR | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DPS | 43.48% | 22.71% | 5,567.30 | 3,560.33 | 3,051.71 | 1,017.24 | 1,169.82 | 915.51 | 813.79 | 1,118.96 | 1,118.96 | 1,025.17 |
| YoY Growth | - | - | 56.37% | 16.67% | 200.00% | -13.04% | 27.78% | 12.50% | -27.27% | 0.00% | 9.15% | 42.53% |
| Dividend Yield | - | - | 6.03% | 3.28% | 3.77% | 1.37% | 1.41% | 3.52% | 2.30% | 3.61% | 3.02% | 2.12% |
| Net Income To Common (M) | 7,828,160.00 |
| (-) Cash Dividends Paid (M) | 2,559,045.00 |
| (=) Cash Retained (M) | 5,269,115.00 |
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| Required Retention Ratio | 20.0% | 12.5% | 7.5% |
| (=) Cash Required (M) | 1,565,632.00 | 978,520.00 | 587,112.00 |
| Cash Retained (M) | 5,269,115.00 | 5,269,115.00 | 5,269,115.00 |
| (-) Cash Required (M) | -1,565,632.00 | -978,520.00 | -587,112.00 |
| (=) Excess Retained (M) | 3,703,483.00 | 4,290,595.00 | 4,682,003.00 |
| (/) Shares Outstanding (M) | 394.14 | 394.14 | 394.14 |
| (=) Excess Retained per Share | 9,396.44 | 10,886.05 | 11,879.13 |
| LTM Dividend per Share | 6,492.78 | 6,492.78 | 6,492.78 |
| (+) Excess Retained per Share | 9,396.44 | 10,886.05 | 11,879.13 |
| (=) Adjusted Dividend | 15,889.22 | 17,378.83 | 18,371.91 |
| WACC / Discount Rate | 7.25% | 7.25% | 7.25% |
| Growth Rate | 5.50% | 6.50% | 7.50% |
| Fair Value | $956,301.75 | $2,458,251.08 | $3,949,959.84 |
| Upside / Downside | 849.65% | 2,341.16% | 3,822.50% |
| Metric | TTM | Dec-27 | Dec-28 | Dec-29 | Dec-30 | Dec-31 | Terminal |
|---|---|---|---|---|---|---|---|
| Net Income (M) | 7,828,160.00 | 8,336,990.40 | 8,878,894.78 | 9,456,022.94 | 10,070,664.43 | 10,725,257.62 | 11,047,015.34 |
| Payout Ratio | 32.69% | 44.15% | 55.61% | 67.08% | 78.54% | 90.00% | 92.50% |
| Projected Dividends (M) | 2,559,045.00 | 3,680,964.61 | 4,937,921.81 | 6,342,731.36 | 7,909,303.44 | 9,652,731.85 | 10,218,489.19 |
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| WACC / Discount Rate | 7.25% | 7.25% | 7.25% |
| Growth Rate | 5.50% | 6.50% | 7.50% |
| Year 1 PV (M) | 3,399,815.93 | 3,432,041.67 | 3,464,267.41 |
| Year 2 PV (M) | 4,212,420.64 | 4,292,655.42 | 4,373,647.13 |
| Year 3 PV (M) | 4,997,555.23 | 5,141,017.09 | 5,287,198.51 |
| Year 4 PV (M) | 5,755,900.58 | 5,977,256.28 | 6,204,935.95 |
| Year 5 PV (M) | 6,488,122.63 | 6,801,501.38 | 7,126,873.87 |
| PV of Terminal Value (M) | 161,498,746.65 | 169,299,196.50 | 177,398,187.93 |
| Equity Value (M) | 186,352,561.66 | 194,943,668.33 | 203,855,110.80 |
| Shares Outstanding (M) | 394.14 | 394.14 | 394.14 |
| Fair Value | $472,811.64 | $494,608.90 | $517,218.91 |
| Upside / Downside | 369.52% | 391.17% | 413.62% |
| Ticker ⇵ | Company ⇵ | Dividend Yield % ▼ | Dividend Per Share ⇵ | Payout Ratio % ⇵ |
|---|---|---|---|---|
| 5271.KL | Pecca Group Berhad | 3.89% | $0.07 | 81.04% |
| 8183.TWO | Info-Tek Corporation | 3.89% | $1.30 | 53.03% |
| BDMS-R.BK | Bangkok Dusit Medical Services Public Company Limited | 3.89% | $0.75 | 72.62% |
| DANHOS13.MX | Fibra Danhos | 3.89% | $1.09 | 36.98% |
| FPE.DE | Fuchs Petrolub SE | 3.89% | $1.17 | 51.86% |
| S63.SI | Singapore Technologies Engineering Ltd | 3.89% | $0.33 | 72.94% |
| SONIC.BK | Sonic Interfreight Public Company Limited | 3.89% | $0.06 | 33.00% |
| 0QMW.L | Kuehne + Nagel International AG | 3.88% | $9.95 | 98.58% |
| 600861.SS | FESCO Group Co., Ltd. | 3.88% | $0.71 | 34.85% |
| CIV.PA | Caisse régionale de Crédit Agricole Mutuel d'Ille-et-Vilaine Société coopérative | 3.88% | $4.05 | 18.13% |
| DIR-UN.TO | Dream Industrial Real Estate Investment Trust | 3.88% | $0.49 | 65.95% |
| GGBR3.SA | Gerdau S.A. | 3.88% | $0.68 | 45.15% |
| HMC.AX | HMC Capital Limited | 3.88% | $0.16 | 11.87% |
| 000728.SZ | Guoyuan Securities Company Limited | 3.87% | $0.32 | 52.50% |
| 2145.HK | Shanghai Chicmax Cosmetic Co., Ltd. | 3.87% | $2.69 | 64.24% |
| 600025.SS | Huaneng Lancang River Hydropower Inc. | 3.87% | $0.35 | 75.95% |
| 603970.SS | Sino-Agri Leading Biosciences Co.,Ltd | 3.87% | $0.50 | 74.51% |
| 6509.TWO | Taiwan Hopax Chems.Mfg.Co.,Ltd. | 3.87% | $1.25 | 49.65% |
| AKZA.AS | Akzo Nobel N.V. | 3.87% | $2.31 | 95.66% |
| 1763.HK | China Isotope & Radiation Corporation | 3.86% | $0.83 | 32.12% |
| 600761.SS | Anhui Heli Co.,Ltd. | 3.86% | $0.81 | 53.66% |
| 605337.SS | Zhe Jiang Li Zi Yuan Food Co.,Ltd. | 3.86% | $0.46 | 92.31% |
| BOSS.DE | Hugo Boss AG | 3.86% | $1.40 | 43.29% |
| GOFORE.HE | Gofore Oyj | 3.86% | $0.52 | 83.77% |
| LOGO.IS | Logo Yazilim Sanayi ve Ticaret A.S. | 3.86% | $5.94 | 43.46% |
| PKTM.VI | PIERER Mobility AG | 3.86% | $0.58 | 3.67% |
| SICT.BK | Silicon Craft Technology Public Company Limited | 3.86% | $0.09 | 51.68% |
| 000591.SZ | CECEP Solar Energy Co.,Ltd. | 3.85% | $0.17 | 63.11% |
| 0QKI.L | Swisscom AG | 3.85% | $22.01 | 91.35% |
| 215200.KQ | MegaStudyEdu Co. Ltd | 3.85% | $1,569.97 | 34.80% |
| 2163.T | Artner Co.,Ltd. | 3.85% | $81.57 | 65.08% |
| 3265.TWO | Winstek Semiconductor Co., Ltd. | 3.85% | $4.80 | 95.49% |
| 6301.T | Komatsu Ltd. | 3.85% | $192.66 | 42.48% |
| 9563.SR | Bena Steel Industries Co. | 3.85% | $1.58 | 84.07% |
| CPN-R.BK | Central Pattana Public Company Limited | 3.85% | $2.12 | 57.57% |
| 000080.KS | HITEJINRO Co., Ltd. | 3.84% | $700.20 | 55.98% |
| 601921.SS | Zhejiang Publishing & Media Co., Ltd. | 3.84% | $0.30 | 51.98% |
| 9945.TW | Ruentex Development Co.,Ltd. | 3.84% | $1.14 | 33.31% |
| AGUAS-A.SN | Aguas Andinas S.A. | 3.84% | $14.22 | 70.41% |
| TNK | Teekay Tankers Ltd. | 3.84% | $1.98 | 21.29% |
| WALMEX.MX | Wal-Mart de México, S.A.B. de C.V. | 3.84% | $2.16 | 74.07% |
| 000810.KS | Samsung Fire & Marine Insurance Co., Ltd. | 3.83% | $19,037.86 | 40.33% |
| 0QPW.L | Zug Estates Holding AG | 3.83% | $85.00 | 29.91% |
| 9910.TW | Feng Tay Enterprises Co., Ltd. | 3.83% | $4.31 | 86.98% |
| CTC-A.TO | Canadian Tire Corporation, Limited | 3.83% | $6.72 | 49.69% |
| LOR.DE | L'Oréal S.A. | 3.83% | $13.98 | 59.38% |
| SOBO | South Bow Corporation | 3.83% | $1.07 | 69.36% |
| 0799.HK | IGG Inc | 3.82% | $0.15 | 12.76% |
| 105630.KS | Hansae Co., Ltd. | 3.82% | $500.30 | 39.98% |
| SIX2.DE | Sixt SE | 3.82% | $2.71 | 44.65% |