Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Salee Colour Public Company Limited (COLOR.BK)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$0.81 - $1.31$1.04
Multi-Stage$1.84 - $2.03$1.94
Blended Fair Value$1.49
Current Price$1.02
Upside45.62%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-5.58%0.00%0.030.080.050.050.040.040.030.030.000.00
YoY Growth---62.50%60.01%-0.32%25.91%-0.36%15.68%-1.01%0.00%0.00%0.00%
Dividend Yield--2.86%5.93%2.96%2.41%2.68%4.00%2.68%2.82%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)44.81
(-) Cash Dividends Paid (M)29.42
(=) Cash Retained (M)15.39
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8.965.603.36
Cash Retained (M)15.3915.3915.39
(-) Cash Required (M)-8.96-5.60-3.36
(=) Excess Retained (M)6.439.7912.03
(/) Shares Outstanding (M)588.54588.54588.54
(=) Excess Retained per Share0.010.020.02
LTM Dividend per Share0.050.050.05
(+) Excess Retained per Share0.010.020.02
(=) Adjusted Dividend0.060.070.07
WACC / Discount Rate6.16%6.16%6.16%
Growth Rate-1.26%-0.26%0.74%
Fair Value$0.81$1.04$1.31
Upside / Downside-20.50%1.52%28.41%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)44.8144.6944.5744.4644.3444.2345.55
Payout Ratio65.65%70.52%75.39%80.26%85.13%90.00%92.50%
Projected Dividends (M)29.4231.5233.6135.6837.7539.8042.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.16%6.16%6.16%
Growth Rate-1.26%-0.26%0.74%
Year 1 PV (M)29.3929.6929.99
Year 2 PV (M)29.2329.8230.42
Year 3 PV (M)28.9429.8330.73
Year 4 PV (M)28.5529.7330.94
Year 5 PV (M)28.0829.5331.04
PV of Terminal Value (M)941.61990.271,040.92
Equity Value (M)1,085.801,138.861,194.04
Shares Outstanding (M)588.54588.54588.54
Fair Value$1.84$1.94$2.03
Upside / Downside80.87%89.71%98.90%

High-Yield Dividend Screener

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