Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT.BK)

Company Dividend Discount ModelIndustry: REIT - IndustrialSector: Real Estate

Valuation Snapshot

Stable Growth$47.24 - $179.11$137.80
Multi-Stage$25.78 - $28.18$26.96
Blended Fair Value$82.38
Current Price$9.05
Upside810.26%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.02%0.00%0.740.700.640.620.560.520.300.120.100.03
YoY Growth--5.39%8.56%4.43%9.33%7.47%74.79%154.29%13.01%214.23%0.00%
Dividend Yield--7.14%6.65%6.25%4.89%4.82%3.34%2.60%1.10%1.10%0.33%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,970.35
(-) Cash Dividends Paid (M)2,462.54
(=) Cash Retained (M)507.81
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)594.07371.29222.78
Cash Retained (M)507.81507.81507.81
(-) Cash Required (M)-594.07-371.29-222.78
(=) Excess Retained (M)-86.26136.52285.04
(/) Shares Outstanding (M)3,283.393,283.393,283.39
(=) Excess Retained per Share-0.030.040.09
LTM Dividend per Share0.750.750.75
(+) Excess Retained per Share-0.030.040.09
(=) Adjusted Dividend0.720.790.84
WACC / Discount Rate6.63%6.63%6.63%
Growth Rate5.02%6.02%7.02%
Fair Value$47.24$137.80$179.11
Upside / Downside421.96%1,422.64%1,879.12%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,970.353,149.153,338.713,539.693,752.763,978.654,098.01
Payout Ratio82.90%84.32%85.74%87.16%88.58%90.00%92.50%
Projected Dividends (M)2,462.542,655.462,862.693,085.253,324.223,580.793,790.66

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.63%6.63%6.63%
Growth Rate5.02%6.02%7.02%
Year 1 PV (M)2,466.902,490.392,513.88
Year 2 PV (M)2,470.572,517.842,565.56
Year 3 PV (M)2,473.562,544.902,617.59
Year 4 PV (M)2,475.902,571.562,669.97
Year 5 PV (M)2,477.612,597.842,722.69
PV of Terminal Value (M)72,284.3475,791.9879,434.49
Equity Value (M)84,648.8988,514.5192,524.17
Shares Outstanding (M)3,283.393,283.393,283.39
Fair Value$25.78$26.96$28.18
Upside / Downside184.87%197.88%211.38%

High-Yield Dividend Screener

« Prev Page 42 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0O1S.LAlten S.A.3.81%$4.4339.82%
3607.TKuraudia Holdings Co.,Ltd.3.81%$11.9934.63%
7179.KLLagenda Properties Berhad3.81%$0.0530.12%
8188.HKGME Group Holdings Limited3.81%$0.0423.08%
FC9.DEFCR Immobilien AG3.81%$0.4615.59%
PSGO.JKPT Palma Serasih Tbk3.81%$8.0038.48%
TASA3.SATaurus Armas S.A.3.81%$0.1920.71%
000726.SZLu Thai Textile Co., Ltd.3.80%$0.2741.15%
012750.KSS-1 Corporation3.80%$2,699.9250.51%
603198.SSAnhui Yingjia Distillery Co., Ltd.3.80%$1.5057.46%
8273.TIzumi Co., Ltd.3.80%$113.8567.94%
LMKDC.ISLimak Dogu Anadolu Cimento Sny Ve Tcr AS3.80%$1.0927.90%
THULE.STThule Group AB (publ)3.80%$8.8190.05%
ZUGER.SWZuger Kantonalbank3.80%$335.4837.77%
000430.KSDaewon Kang Up Co., Ltd.3.79%$151.1888.95%
0558.HKL.K. Technology Holdings Limited3.79%$0.1321.83%
1888.HKKingboard Laminates Holdings Limited3.79%$0.5157.98%
603055.SSZhe Jiang Taihua New Material Co., Ltd.3.79%$0.3660.25%
CPU.AXComputershare Limited3.79%$1.2951.79%
INDS.JKPT Indospring Tbk3.79%$8.5681.55%
002120.SZYUNDA Holding Co., Ltd.3.78%$0.2559.62%
6305.THitachi Construction Machinery Co., Ltd.3.78%$175.1342.61%
GROREIT.BKGrande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition3.78%$0.2834.44%
QNBK.QAQatar National Bank (Q.P.S.C.)3.78%$0.7138.00%
SISB.BKSISB Public Company Limited3.78%$0.4242.68%
078520.KSAble C&C Co., Ltd.3.77%$412.0869.50%
192400.KSCuckoo Holdings Co., Ltd.3.77%$1,087.9926.79%
6435.TWOSinopower Semiconductor, Inc.3.77%$4.2656.41%
6523.TPHC Holdings Corporation3.77%$41.8790.94%
6724.TSeiko Epson Corporation3.77%$74.7647.38%
ASCArdmore Shipping Corporation3.77%$0.3945.12%
BAHN-B.STBahnhof AB (publ)3.77%$2.0097.05%
CNDF.PACaisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative3.77%$1.0314.19%
0QLT.LGraubündner Kantonalbank3.76%$69.0139.45%
603587.SSDazzle Fashion Co., Ltd3.76%$0.5090.21%
A1OS.DEAll for One Group SE3.76%$1.6250.06%
CWY.AXCleanaway Waste Management Limited3.76%$0.1069.98%
GYT.BKGoodyear (Thailand) Public Company Limited3.76%$7.4022.93%
KARE.ATKarelia Tobacco Company Inc.3.76%$13.3038.58%
THEP.PAThermador Groupe S.A.3.76%$2.9736.00%
000708.SZCitic Pacific Special Steel Group Co., Ltd.3.75%$0.6156.33%
002615.SZZheJiang Haers Vacuum Containers Co.,Ltd.3.75%$0.2979.55%
004980.KSSungshin Cement Co., Ltd3.75%$351.1039.08%
2072.TWOCentury Wind Power Co., Ltd.3.75%$10.1549.95%
3455.TWOUtechzone Co., Ltd.3.75%$4.4995.02%
600519.SSKweichow Moutai Co., Ltd.3.75%$51.6271.84%
KUAS.JKPT Ace Oldfields Tbk3.75%$3.0033.35%
002142.SZBank of Ningbo Co., Ltd.3.74%$1.0524.03%
083420.KSGreen Chemical Co., Ltd.3.74%$240.1458.66%
0QPY.LSonova Holding AG3.74%$8.8746.46%