Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Singapore Exchange Limited (S68.SI)

Company Dividend Discount ModelIndustry: Financial - Data & Stock ExchangesSector: Financial Services

Valuation Snapshot

Stable Growth$18.83 - $36.80$25.95
Multi-Stage$19.32 - $21.13$20.21
Blended Fair Value$23.08
Current Price$14.88
Upside55.10%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS3.71%2.54%0.350.340.320.320.320.300.370.280.280.31
YoY Growth--5.59%6.04%0.56%-0.08%6.63%-19.98%33.86%0.00%-9.73%10.76%
Dividend Yield--2.39%3.58%3.30%3.33%2.82%3.55%4.69%3.85%3.76%4.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,245.89
(-) Cash Dividends Paid (M)557.84
(=) Cash Retained (M)688.05
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)249.18155.7493.44
Cash Retained (M)688.05688.05688.05
(-) Cash Required (M)-249.18-155.74-93.44
(=) Excess Retained (M)438.87532.31594.61
(/) Shares Outstanding (M)1,085.811,085.811,085.81
(=) Excess Retained per Share0.400.490.55
LTM Dividend per Share0.510.510.51
(+) Excess Retained per Share0.400.490.55
(=) Adjusted Dividend0.921.001.06
WACC / Discount Rate8.46%8.46%8.46%
Growth Rate3.42%4.42%5.42%
Fair Value$18.83$25.95$36.80
Upside / Downside26.57%74.37%147.31%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,245.891,300.961,358.461,418.501,481.201,546.671,593.07
Payout Ratio44.77%53.82%62.86%71.91%80.95%90.00%92.50%
Projected Dividends (M)557.84700.17853.991,020.041,199.111,392.001,473.59

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.46%8.46%8.46%
Growth Rate3.42%4.42%5.42%
Year 1 PV (M)639.37645.55651.74
Year 2 PV (M)712.12725.96739.93
Year 3 PV (M)776.72799.47822.66
Year 4 PV (M)833.79866.50900.18
Year 5 PV (M)883.87927.43972.70
PV of Terminal Value (M)17,135.2217,979.8318,857.41
Equity Value (M)20,981.0921,944.7522,944.62
Shares Outstanding (M)1,085.811,085.811,085.81
Fair Value$19.32$20.21$21.13
Upside / Downside29.86%35.82%42.01%

High-Yield Dividend Screener

« Prev Page 52 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PRN.AXPerenti Limited3.11%$0.0939.25%
S11.BKS 11 Group Public Company Limited3.11%$0.1017.73%
SPKSJF.COSparekassen Sjælland-Fyn A/S3.11%$11.8230.81%
0QQT.LEdisun Power Europe AG3.10%$1.618.38%
117580.KSDaesung Energy Co., Ltd.3.10%$248.5825.96%
5851.TRyobi Limited3.10%$84.8741.68%
601952.SSJiangsu Provincial Agricultural Reclamation and Development Co.,Ltd.3.10%$0.2867.42%
7242.TKYB Corporation3.10%$138.5423.69%
8206.KLEco World Development Group Berhad3.10%$0.0755.27%
EGR1T.TLEnefit Green AS3.10%$0.1147.44%
ROU.BRRoularta Media Group N.V.3.10%$0.3763.60%
021240.KSCOWAY Co., Ltd.3.09%$2,641.4332.91%
032830.KSSamsung Life Insurance Co., Ltd.3.09%$4,826.3739.72%
4809.TParaca Inc.3.09%$62.8332.24%
ACKB.BRAckermans & Van Haaren N.V.3.09%$7.1924.51%
BRCR11.SAFundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund3.09%$1.4381.27%
ICLICL Group Ltd3.09%$0.1862.52%
LPP.WALPP S.A.3.09%$654.9267.31%
MINT-R.BKMinor International Public Company Limited3.09%$0.7558.46%
SSMS.JKPT Sawit Sumbermas Sarana Tbk.3.09%$47.9037.66%
TKNO4.SATekno S.A. Indústria e Comércio3.09%$6.2852.08%
002772.SZTianshui Zhongxing Bio-technology Co.,Ltd.3.08%$0.4569.10%
008490.KSSuheung Co., Ltd.3.08%$663.1317.93%
015750.KQSungwoo Hitech Co., Ltd.3.08%$209.439.11%
0KIZ.LNew Wave Group AB (publ)3.08%$3.5056.51%
3696.TCeres Inc.3.08%$59.8629.20%
9535.SRLadun Investment Company3.08%$0.0833.54%
BAMNB.ASKoninklijke BAM Groep nv3.08%$0.3026.44%
002500.SZShanxi Securities Co., Ltd.3.07%$0.1872.43%
1734.TWSinphar Pharmaceutical Co.,Ltd.3.07%$0.9454.13%
603035.SSJiangsu Changshu Automotive Trim Group Co., Ltd.3.07%$0.4744.81%
688029.SSMicro-Tech (Nanjing) Co., Ltd.3.07%$2.5076.50%
9622.SRShmoh Almadi Co.3.07%$0.2753.61%
4423.TARTERIA Networks Corporation3.06%$60.5352.12%
COH.AXCochlear Limited3.06%$7.9970.26%
GEBKA.ATGeneral Commercial & Industrial S.A.3.06%$0.0862.96%
KAT.AXKatana Capital Limited3.06%$0.0426.99%
KBSPIF.BKKhonburi Sugar Power Plant Infrastructure Fund3.06%$0.2519.88%
002001.SZZhejiang NHU Company Ltd.3.05%$0.7732.74%
008560.KSMeritz Securities Co., Ltd.3.05%$185.9714.12%
0826.HKTiangong International Company Limited3.05%$0.1037.07%
339770.KSKyochon Food&Beverage Co., Ltd.3.05%$130.8548.67%
600511.SSChina National Medicines Corporation Ltd.3.05%$0.8832.88%
6902.TDENSO Corporation3.05%$65.9045.39%
BGRIM-R.BKB.Grimm Power Public Company Limited3.05%$0.4356.94%
CSMG3.SACompanhia de Saneamento de Minas Gerais3.05%$1.3337.21%
PIHLIS.HEPihlajalinna Oyj3.05%$0.4424.32%
0EXG.ILJerónimo Martins, SGPS, S.A.3.04%$0.6263.09%
0NX2.LABB Ltd3.04%$1.0543.06%
4204.TSekisui Chemical Co., Ltd.3.04%$80.0246.81%