Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Taiwan Business Bank, Ltd. (2834.TW)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$25.81 - $60.39$37.91
Multi-Stage$18.15 - $19.84$18.98
Blended Fair Value$28.44
Current Price$15.75
Upside80.59%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-3.03%0.00%0.170.080.080.080.140.190.170.060.060.00
YoY Growth--104.80%3.70%3.40%-47.50%-25.64%16.42%170.63%7.10%0.00%0.00%
Dividend Yield--1.21%0.60%0.71%0.74%1.88%2.73%1.98%1.05%1.05%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)12,155.74
(-) Cash Dividends Paid (M)1,833.60
(=) Cash Retained (M)10,322.15
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,431.151,519.47911.68
Cash Retained (M)10,322.1510,322.1510,322.15
(-) Cash Required (M)-2,431.15-1,519.47-911.68
(=) Excess Retained (M)7,891.008,802.689,410.47
(/) Shares Outstanding (M)9,867.009,867.009,867.00
(=) Excess Retained per Share0.800.890.95
LTM Dividend per Share0.190.190.19
(+) Excess Retained per Share0.800.890.95
(=) Adjusted Dividend0.991.081.14
WACC / Discount Rate9.53%9.53%9.53%
Growth Rate5.50%6.50%7.50%
Fair Value$25.81$37.91$60.39
Upside / Downside63.87%140.67%283.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)12,155.7412,945.8713,787.3514,683.5315,637.9516,654.4217,154.05
Payout Ratio15.08%30.07%45.05%60.03%75.02%90.00%92.50%
Projected Dividends (M)1,833.603,892.486,211.278,815.0611,731.1014,988.9815,867.50

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.53%9.53%9.53%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)3,520.483,553.853,587.22
Year 2 PV (M)5,080.785,177.565,275.24
Year 3 PV (M)6,521.546,708.756,899.51
Year 4 PV (M)7,849.448,151.318,461.80
Year 5 PV (M)9,070.839,508.969,963.85
PV of Terminal Value (M)147,081.55154,185.64161,561.63
Equity Value (M)179,124.62187,286.06195,749.25
Shares Outstanding (M)9,867.009,867.009,867.00
Fair Value$18.15$18.98$19.84
Upside / Downside15.26%20.51%25.96%

High-Yield Dividend Screener

« Prev Page 43 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
9541.SRAcademy Of Learning Company3.74%$0.4378.32%
BBCA.JKPT Bank Central Asia Tbk3.74%$300.0564.91%
BKGI.BKBangkok Genomics Innovation Public Company Limited3.74%$0.0588.71%
DACDanaos Corporation3.74%$3.5614.02%
JKON.JKPT Jaya Konstruksi Manggala Pratama Tbk3.74%$3.2545.42%
MDKI.JKPT Emdeki Utama Tbk3.74%$8.0062.54%
NORCO.OLNorconsult ASA3.74%$1.6672.73%
SLCE3.SASLC Agrícola S.A.3.74%$0.5541.84%
3948.HKInner Mongolia Yitai Coal Co., Ltd.3.73%$0.6524.32%
IDPR.JKPT Indonesia Pondasi Raya Tbk3.73%$10.0075.77%
KIMBERA.MXKimberly-Clark de México, S. A. B. de C. V.3.73%$1.4357.51%
PGMN3.SAEmpreendimentos Pague Menos S.A.3.73%$0.2374.59%
QIBK.QAQatar Islamic Bank (Q.P.S.C.)3.73%$0.8944.73%
002367.SZCanny Elevator Co., Ltd.3.72%$0.3060.41%
600300.SSV V Food & Beverage Co.,Ltd3.72%$0.1351.92%
603899.SSShanghai M&G Stationery Inc.3.72%$1.0169.72%
RHC.AXRamsay Health Care Limited3.72%$1.2932.49%
000999.SZChina Resources Sanjiu Medical & Pharmaceutical Co., Ltd.3.71%$1.0663.26%
214180.KQHecto Innovation Co., Ltd.3.71%$602.8723.75%
603948.SSZhejiang Jianye Chemical Co., Ltd.3.71%$1.0175.31%
6089.TWill Group, Inc.3.71%$44.4274.52%
QNNS.QAQatar Navigation Q.P.S.C.3.71%$0.4038.98%
016610.KSDB Securities Co., Ltd.3.70%$404.3430.24%
2471.TS-Pool, Inc.3.70%$10.1043.62%
3430.TWOChitec Technology Co., Ltd.3.70%$2.5075.20%
4560.TWStrong H Machinery Technology (Cayman) Incorporation3.70%$1.2042.07%
5347.KLTenaga Nasional Berhad3.70%$0.5162.35%
LOOMIS.STLoomis AB (publ)3.70%$14.1053.46%
MIDW-A.STMidway Holding AB (publ)3.70%$0.9165.00%
PNDORA.COPandora A/S3.70%$25.7237.06%
SPVI.BKS P V I Public Company Limited3.70%$0.0837.67%
3401.TTeijin Limited3.69%$49.9735.81%
BZU.MIBuzzi Unicem S.p.A.3.69%$1.9018.48%
CWP.AXCedar Woods Properties Limited3.69%$0.3115.67%
CX.STCombinedX AB (publ)3.69%$1.3755.29%
REH.AXReece Limited3.69%$0.4943.22%
000783.SZChangjiang Securities Company Limited3.68%$0.3043.98%
014820.KSDongwon Systems Corporation3.68%$916.7745.73%
2245.HKLygend Resources & Technology Co., Ltd.3.68%$0.9136.29%
5DD.SIMicro-Mechanics (Holdings) Ltd.3.68%$0.0666.85%
600598.SSHeilongjiang Agriculture Company Limited3.68%$0.5589.21%
601156.SSEastern Air Logistics Co., Ltd.3.68%$0.6841.00%
NICL.JKPT PAM Mineral Tbk3.68%$51.0099.38%
PNBN.JKP.T. Bank Pan Indonesia Tbk3.68%$42.0037.86%
3617.TWCyber Power Systems, Inc.3.67%$7.6445.54%
5296.KLMr D.I.Y. Group (M) Berhad3.67%$0.0687.61%
600535.SSTasly Pharmaceutical Group Co., Ltd3.67%$0.5575.36%
8424.TFuyo General Lease Co., Ltd.3.67%$157.5152.44%
9937.TWNational Petroleum Co., Ltd.3.67%$2.1088.32%
KEMIRA.HEKemira Oyj3.67%$0.7249.87%