Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

North East Rubber Public Company Limited (NER.BK)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$88.70 - $202.66$189.92
Multi-Stage$30.10 - $32.95$31.50
Blended Fair Value$110.71
Current Price$4.08
Upside2,613.44%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS25.70%0.00%0.340.360.410.250.120.110.000.060.000.13
YoY Growth---5.56%-12.84%68.01%110.69%7.69%0.00%-100.00%0.00%-100.00%0.00%
Dividend Yield--7.23%6.00%6.94%3.44%2.16%6.26%0.00%2.48%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,882.94
(-) Cash Dividends Paid (M)665.18
(=) Cash Retained (M)1,217.76
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)376.59235.37141.22
Cash Retained (M)1,217.761,217.761,217.76
(-) Cash Required (M)-376.59-235.37-141.22
(=) Excess Retained (M)841.17982.391,076.54
(/) Shares Outstanding (M)1,847.791,847.791,847.79
(=) Excess Retained per Share0.460.530.58
LTM Dividend per Share0.360.360.36
(+) Excess Retained per Share0.460.530.58
(=) Adjusted Dividend0.820.890.94
WACC / Discount Rate6.47%6.47%6.47%
Growth Rate5.50%6.50%7.50%
Fair Value$88.70$189.92$202.66
Upside / Downside2,074.06%4,554.91%4,867.11%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,882.942,005.332,135.682,274.492,422.342,579.792,657.18
Payout Ratio35.33%46.26%57.20%68.13%79.07%90.00%92.50%
Projected Dividends (M)665.18927.691,221.521,549.631,915.232,321.812,457.89

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.47%6.47%6.47%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)863.14871.32879.50
Year 2 PV (M)1,057.441,077.581,097.91
Year 3 PV (M)1,248.131,283.961,320.47
Year 4 PV (M)1,435.261,490.451,547.22
Year 5 PV (M)1,618.871,697.061,778.25
PV of Terminal Value (M)49,393.4551,779.1754,256.20
Equity Value (M)55,616.2958,199.5560,879.56
Shares Outstanding (M)1,847.791,847.791,847.79
Fair Value$30.10$31.50$32.95
Upside / Downside637.72%671.98%707.53%

High-Yield Dividend Screener

« Prev Page 5 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PFEPfizer Inc.6.75%$1.7098.83%
COGCabot Oil & Gas Corporation6.71%$1.4952.20%
VZVerizon Communications Inc.6.66%$2.7057.56%
ACAssociated Capital Group, Inc.6.63%$2.2186.94%
VACMarriott Vacations Worldwide Corporation6.62%$3.9078.61%
SSTKShutterstock, Inc.6.61%$1.2475.34%
EPDEnterprise Products Partners L.P.6.60%$2.1280.06%
SXCSunCoke Energy, Inc.6.57%$0.4863.44%
DINDine Brands Global, Inc.6.56%$2.1890.98%
CBLCBL & Associates Properties, Inc.6.54%$2.4261.13%
CRICarter's, Inc.6.47%$2.1585.39%
KYNKayne Anderson Energy Infrastructure Fund, Inc.6.47%$0.8035.36%
SMMCXWestern Asset Managed Municipals Fund Class C6.45%$0.9671.65%
HESMHess Midstream LP6.39%$2.2187.39%
WRB-PFW.R. Berkley Corporation 5.10%6.38%$1.2726.69%
RMTRoyce Micro-Cap Trust, Inc.6.37%$0.6732.29%
PNFPIMCO New York Municipal Income Fund6.30%$0.4854.92%
ENREnergizer Holdings, Inc.6.29%$1.2536.44%
UPSUnited Parcel Service, Inc.6.29%$6.3598.06%
NWBINorthwest Bancshares, Inc.6.27%$0.7593.81%
UIHCUnited Insurance Holdings Corp.6.27%$0.485.99%
TROWT. Rowe Price Group, Inc.6.24%$6.5369.41%
JRSHJerash Holdings (US), Inc.6.20%$0.190.52%
MUABlackRock MuniAssets Fund, Inc.6.14%$0.6673.39%
VKIInvesco Advantage Municipal Income Trust II6.11%$0.5676.68%
GL-PDGlobe Life Inc. 4.25% Junior Su6.10%$1.037.35%
CLNYColony Capital, Inc.6.07%$0.5213.43%
OMFOneMain Holdings, Inc.6.07%$4.2071.06%
VICIVICI Properties Inc.6.07%$1.7165.54%
IMMRImmersion Corporation6.06%$0.3914.22%
KRNYKearny Financial Corp.5.99%$0.4493.99%
DMFBNY Mellon Municipal Income, Inc.5.97%$0.4129.64%
UNBUnion Bankshares, Inc.5.96%$1.4157.02%
ARTMXArtisan Mid Cap Fund Inv Shs5.91%$1.9591.77%
SABASaba Capital Income & Opportunities Fund II5.87%$0.4924.55%
BRDBeard Energy Transition Acquisition Corp.5.86%$0.6395.51%
ETRNEquitrans Midstream Corporation5.81%$0.7269.91%
EHLDVEuroholdings Ltd5.80%$0.285.02%
REPXRiley Exploration Permian, Inc.5.80%$1.5438.01%
AIIAmerican Integrity Insurance Group, Inc.5.79%$1.1726.25%
VRTSVirtus Investment Partners, Inc.5.75%$9.3547.12%
CXHMFS Investment Grade Municipal Trust5.74%$0.4680.40%
GESGuess', Inc.5.72%$0.9661.52%
KRCKilroy Realty Corporation5.71%$2.1779.80%
WRB-PEW. R. Berkley Corporation 5.70% SB DB 20585.68%$1.2726.69%
LEOBNY Mellon Strategic Municipals, Inc.5.66%$0.3637.22%
WLYBJohn Wiley & Sons, Inc.5.64%$1.7692.90%
KMPBKemper Corporation 5.875% Fixed5.60%$1.3132.45%
CBTXCBTX, Inc.5.56%$1.6354.55%
0HST.LCampbell Soup Company5.53%$1.5580.10%