Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Shinkong Insurance Co., Ltd. (2850.TW)

Company Dividend Discount ModelIndustry: Insurance - Property & CasualtySector: Financial Services

Valuation Snapshot

Stable Growth$622.26 - $2,191.12$2,053.40
Multi-Stage$287.11 - $313.77$300.19
Blended Fair Value$1,176.80
Current Price$120.50
Upside876.60%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.49%17.44%4.992.543.201.951.802.651.821.511.571.07
YoY Growth--96.46%-20.63%64.10%8.33%-32.08%45.60%20.53%-3.82%47.00%6.80%
Dividend Yield--4.50%3.00%6.41%3.55%4.50%7.87%4.68%4.84%6.13%4.49%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,481.47
(-) Cash Dividends Paid (M)2,259.14
(=) Cash Retained (M)1,222.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)696.29435.18261.11
Cash Retained (M)1,222.341,222.341,222.34
(-) Cash Required (M)-696.29-435.18-261.11
(=) Excess Retained (M)526.04787.15961.22
(/) Shares Outstanding (M)315.99315.99315.99
(=) Excess Retained per Share1.662.493.04
LTM Dividend per Share7.157.157.15
(+) Excess Retained per Share1.662.493.04
(=) Adjusted Dividend8.819.6410.19
WACC / Discount Rate6.99%6.99%6.99%
Growth Rate5.50%6.50%7.50%
Fair Value$622.26$2,053.40$2,191.12
Upside / Downside416.40%1,604.07%1,718.36%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,481.473,707.773,948.774,205.444,478.804,769.924,913.02
Payout Ratio64.89%69.91%74.93%79.96%84.98%90.00%92.50%
Projected Dividends (M)2,259.142,592.182,958.983,362.513,806.004,292.934,544.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.99%6.99%6.99%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)2,399.982,422.732,445.48
Year 2 PV (M)2,536.452,584.762,633.53
Year 3 PV (M)2,668.642,745.242,823.30
Year 4 PV (M)2,796.642,904.193,014.81
Year 5 PV (M)2,920.543,061.603,208.07
PV of Terminal Value (M)77,402.0981,140.6485,022.27
Equity Value (M)90,724.3394,859.1799,147.46
Shares Outstanding (M)315.99315.99315.99
Fair Value$287.11$300.19$313.77
Upside / Downside138.26%149.12%160.39%

High-Yield Dividend Screener

« Prev Page 41 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
5271.KLPecca Group Berhad3.89%$0.0781.04%
8183.TWOInfo-Tek Corporation3.89%$1.3053.03%
BDMS-R.BKBangkok Dusit Medical Services Public Company Limited3.89%$0.7572.62%
DANHOS13.MXFibra Danhos3.89%$1.0936.98%
FPE.DEFuchs Petrolub SE3.89%$1.1751.86%
S63.SISingapore Technologies Engineering Ltd3.89%$0.3372.94%
SONIC.BKSonic Interfreight Public Company Limited3.89%$0.0633.00%
0QMW.LKuehne + Nagel International AG3.88%$9.9598.58%
600861.SSFESCO Group Co., Ltd.3.88%$0.7134.85%
CIV.PACaisse régionale de Crédit Agricole Mutuel d'Ille-et-Vilaine Société coopérative3.88%$4.0518.13%
DIR-UN.TODream Industrial Real Estate Investment Trust3.88%$0.4965.95%
GGBR3.SAGerdau S.A.3.88%$0.6845.15%
HMC.AXHMC Capital Limited3.88%$0.1611.87%
000728.SZGuoyuan Securities Company Limited3.87%$0.3252.50%
2145.HKShanghai Chicmax Cosmetic Co., Ltd.3.87%$2.6964.24%
600025.SSHuaneng Lancang River Hydropower Inc.3.87%$0.3575.95%
603970.SSSino-Agri Leading Biosciences Co.,Ltd3.87%$0.5074.51%
6509.TWOTaiwan Hopax Chems.Mfg.Co.,Ltd.3.87%$1.2549.65%
AKZA.ASAkzo Nobel N.V.3.87%$2.3195.66%
1763.HKChina Isotope & Radiation Corporation3.86%$0.8332.12%
600761.SSAnhui Heli Co.,Ltd.3.86%$0.8153.66%
605337.SSZhe Jiang Li Zi Yuan Food Co.,Ltd.3.86%$0.4692.31%
BOSS.DEHugo Boss AG3.86%$1.4043.29%
GOFORE.HEGofore Oyj3.86%$0.5283.77%
LOGO.ISLogo Yazilim Sanayi ve Ticaret A.S.3.86%$5.9443.46%
PKTM.VIPIERER Mobility AG3.86%$0.583.67%
SICT.BKSilicon Craft Technology Public Company Limited3.86%$0.0951.68%
000591.SZCECEP Solar Energy Co.,Ltd.3.85%$0.1763.11%
0QKI.LSwisscom AG3.85%$22.0191.35%
215200.KQMegaStudyEdu Co. Ltd3.85%$1,569.9734.80%
2163.TArtner Co.,Ltd.3.85%$81.5765.08%
3265.TWOWinstek Semiconductor Co., Ltd.3.85%$4.8095.49%
6301.TKomatsu Ltd.3.85%$192.6642.48%
9563.SRBena Steel Industries Co.3.85%$1.5884.07%
CPN-R.BKCentral Pattana Public Company Limited3.85%$2.1257.57%
000080.KSHITEJINRO Co., Ltd.3.84%$700.2055.98%
601921.SSZhejiang Publishing & Media Co., Ltd.3.84%$0.3051.98%
9945.TWRuentex Development Co.,Ltd.3.84%$1.1433.31%
AGUAS-A.SNAguas Andinas S.A.3.84%$14.2270.41%
TNKTeekay Tankers Ltd.3.84%$1.9821.29%
WALMEX.MXWal-Mart de México, S.A.B. de C.V.3.84%$2.1674.07%
000810.KSSamsung Fire & Marine Insurance Co., Ltd.3.83%$19,037.8640.33%
0QPW.LZug Estates Holding AG3.83%$85.0029.91%
9910.TWFeng Tay Enterprises Co., Ltd.3.83%$4.3186.98%
CTC-A.TOCanadian Tire Corporation, Limited3.83%$6.7249.69%
LOR.DEL'Oréal S.A.3.83%$13.9859.38%
SOBOSouth Bow Corporation3.83%$1.0769.36%
0799.HKIGG Inc3.82%$0.1512.76%
105630.KSHansae Co., Ltd.3.82%$500.3039.98%
SIX2.DESixt SE3.82%$2.7144.65%