Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Keppel Corporation Limited (BN4.SI)

Company Dividend Discount ModelIndustry: ConglomeratesSector: Industrials

Valuation Snapshot

Stable Growth$2.45 - $3.48$2.95
Multi-Stage$5.51 - $6.05$5.77
Blended Fair Value$4.36
Current Price$7.42
Upside-41.19%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.79%-2.24%0.330.320.350.190.150.230.290.200.300.48
YoY Growth--4.57%-9.59%86.04%26.61%-34.66%-20.57%44.73%-33.25%-37.57%14.36%
Dividend Yield--4.85%4.31%6.23%5.66%4.26%6.61%6.98%3.92%6.57%12.52%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)693.26
(-) Cash Dividends Paid (M)522.06
(=) Cash Retained (M)171.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)138.6586.6651.99
Cash Retained (M)171.20171.20171.20
(-) Cash Required (M)-138.65-86.66-51.99
(=) Excess Retained (M)32.5584.54119.21
(/) Shares Outstanding (M)1,833.511,833.511,833.51
(=) Excess Retained per Share0.020.050.07
LTM Dividend per Share0.280.280.28
(+) Excess Retained per Share0.020.050.07
(=) Adjusted Dividend0.300.330.35
WACC / Discount Rate7.59%7.59%7.59%
Growth Rate-4.24%-3.24%-2.24%
Fair Value$2.45$2.95$3.48
Upside / Downside-67.02%-60.19%-53.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)693.26670.78649.03627.98607.62587.92605.55
Payout Ratio75.31%78.24%81.18%84.12%87.06%90.00%92.50%
Projected Dividends (M)522.06524.84526.90528.27529.00529.12560.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.59%7.59%7.59%
Growth Rate-4.24%-3.24%-2.24%
Year 1 PV (M)482.76487.80492.84
Year 2 PV (M)445.79455.15464.61
Year 3 PV (M)411.11424.13437.42
Year 4 PV (M)378.67394.74411.31
Year 5 PV (M)348.39366.97386.33
PV of Terminal Value (M)8,028.938,457.018,903.16
Equity Value (M)10,095.6610,585.8011,095.66
Shares Outstanding (M)1,833.511,833.511,833.51
Fair Value$5.51$5.77$6.05
Upside / Downside-25.79%-22.19%-18.44%

High-Yield Dividend Screener

« Prev Page 67 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
DAB.CODanske Andelskassers Bank A/S2.24%$0.4437.84%
KBSB.MEPJSC TNS energo Kuban2.24%$17.9936.50%
002179.SZAVIC Jonhon Optronic Technology Co.,Ltd.2.23%$0.7965.31%
1083.HKTowngas Smart Energy Company Limited2.23%$0.0811.47%
192080.KSDoubleUGames Co., Ltd.2.23%$1,217.6314.93%
300791.SZSirio Pharma Co., Ltd.2.23%$0.5851.03%
603012.SSShanghai Chuangli Group Co., Ltd.2.23%$0.1354.71%
603987.SSShanghai Kindly Enterprise Development Group Co.,LTD.2.23%$0.1934.34%
6070.SRAl-Jouf Agricultural Development Co.2.23%$0.9836.81%
GCG-A.TOGuardian Capital Group Limited2.23%$1.5020.18%
IPN.PAIpsen S.A.2.23%$2.5919.16%
TYA.MIToscana Aeroporti S.p.A.2.23%$0.4242.81%
137310.KSSD BioSensor, Inc2.22%$201.4921.35%
3569.TSeiren Co.,Ltd.2.22%$68.0426.55%
601901.SSFounder Securities Co., Ltd.2.22%$0.1735.28%
603609.SSWellhope Foods Co., Ltd.2.22%$0.1675.23%
688016.SSShanghai MicroPort Endovascular MedTech Co., Ltd.2.22%$2.0365.07%
7034.KLThong Guan Industries Berhad2.22%$0.0317.13%
9436.TOkinawa Cellular Telephone Company2.22%$62.9045.77%
IEI.VImperial Equities Inc.2.22%$0.0813.05%
ISKJ.MEPublic Joint-Stock Company "Human Stem Cells Institute"2.22%$1.5289.44%
LKD.WALokum Deweloper S.A.2.22%$0.5034.19%
MEDICAB.MXMédica Sur, S.A.B. de C.V.2.22%$1.3129.76%
TKC.BKTurnkey Communication Services Public Company Limited2.22%$0.2068.90%
0696.HKTravelSky Technology Limited2.21%$0.2318.19%
183190.KSAsia Cement Co.,Ltd.2.21%$264.7821.44%
300673.SZPetpal Pet Nutrition Technology Co., Ltd.2.21%$0.4068.30%
4292.SRAtaa Educational Company2.21%$1.3066.22%
4519.TChugai Pharmaceutical Co., Ltd.2.21%$182.1975.49%
5607.TWFarglory F T Z Investment Holding Co.,Ltd.2.21%$1.0841.76%
600062.SSChina Resources Double-Crane Pharmaceutical Co.,Ltd.2.21%$0.4026.61%
603288.SSFoshan Haitian Flavouring and Food Company Ltd.2.21%$0.8269.84%
7864.TFuji Seal International, Inc.2.21%$69.4123.64%
BLES.JKSuperior Prima Sukses Tbk.2.21%$3.6028.62%
ELI.BRElia Group SA/NV2.21%$2.4830.58%
NTEK-B.STNovotek AB2.21%$1.8026.45%
SWEC-A.STSweco AB (publ)2.21%$3.2854.95%
069960.KSHyundai Department Store Co. Ltd.2.20%$1,867.6522.60%
300415.SZGuangdong Yizumi Precision Machinery Co.,Ltd.2.20%$0.5738.08%
3176.TSanyo Trading Co., Ltd.2.20%$32.8020.58%
3227.TWOPixArt Imaging Inc.2.20%$4.5234.58%
600030.SSCITIC Securities Company Limited2.20%$0.6333.43%
603345.SSAnjoy Foods Group Co., Ltd.2.20%$1.7441.75%
603693.SSJiangsu New Energy Development Co., Ltd.2.20%$0.2660.61%
6508.TMeidensha Corporation2.20%$122.7830.24%
8002.TMarubeni Corporation2.20%$95.6227.63%
9059.KLTSH Resources Berhad2.20%$0.0315.65%
JCQ.PAJacquet Metals S.A.2.20%$0.4494.90%
OLT.OLOlav Thon Eiendomsselskap ASA2.20%$7.3330.72%
001216.SZHunan Hualian China Industry Co., Ltd.2.19%$0.3841.88%