Definitive Analysis
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Sahamit Machinery Public Company Limited (SMIT.BK)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$1.74 - $2.43$2.08
Multi-Stage$5.09 - $5.61$5.35
Blended Fair Value$3.71
Current Price$3.46
Upside7.37%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-6.73%-0.80%0.240.300.360.300.300.340.360.320.260.24
YoY Growth---20.00%-16.67%20.01%-0.01%-11.76%-5.56%12.50%23.08%8.33%-7.69%
Dividend Yield--6.15%6.70%7.66%6.10%7.21%11.81%6.21%5.29%5.88%6.22%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)157.48
(-) Cash Dividends Paid (M)127.20
(=) Cash Retained (M)30.28
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)31.5019.6911.81
Cash Retained (M)30.2830.2830.28
(-) Cash Required (M)-31.50-19.69-11.81
(=) Excess Retained (M)-1.2110.6018.47
(/) Shares Outstanding (M)530.00530.00530.00
(=) Excess Retained per Share0.000.020.03
LTM Dividend per Share0.240.240.24
(+) Excess Retained per Share0.000.020.03
(=) Adjusted Dividend0.240.260.27
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate-6.29%-5.29%-4.29%
Fair Value$1.74$2.08$2.43
Upside / Downside-49.81%-39.83%-29.78%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)157.48149.16141.27133.80126.73120.03123.63
Payout Ratio80.77%82.62%84.46%86.31%88.15%90.00%92.50%
Projected Dividends (M)127.20123.23119.32115.48111.72108.03114.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate-6.29%-5.29%-4.29%
Year 1 PV (M)114.44115.66116.88
Year 2 PV (M)102.91105.12107.35
Year 3 PV (M)92.5095.4998.55
Year 4 PV (M)83.1086.7190.43
Year 5 PV (M)74.6378.7082.94
PV of Terminal Value (M)2,231.002,352.602,479.44
Equity Value (M)2,698.582,834.282,975.60
Shares Outstanding (M)530.00530.00530.00
Fair Value$5.09$5.35$5.61
Upside / Downside47.16%54.56%62.26%

High-Yield Dividend Screener

« Prev Page 7 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PLYMPlymouth Industrial REIT, Inc.4.80%$1.0549.94%
SAFTSafety Insurance Group, Inc.4.80%$3.6361.47%
CETCentral Securities Corp.4.79%$2.4313.87%
GBLIGlobal Indemnity Group, LLC4.79%$1.3870.11%
JANIXJanus Henderson Triton Fund Class D4.79%$1.2767.95%
MITNAG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 20294.77%$1.2175.90%
PRUPrudential Financial, Inc.4.77%$5.4373.37%
IFAFXThe Income Fund of America, Class F-1 Shares4.76%$1.2433.91%
AMECXAmerican Funds The Income Fund of America Class A4.74%$1.2433.91%
UMPQUmpqua Holdings Corporation4.74%$0.8454.13%
NFBKNorthfield Bancorp, Inc.4.73%$0.5454.01%
SBSISouthside Bancshares, Inc.4.72%$1.4462.24%
TNLTravel + Leisure Co.4.72%$3.4054.99%
AIRCApartment Income REIT Corp.4.68%$1.8341.27%
SONSonoco Products Company4.68%$2.0832.95%
OFLXOmega Flex, Inc.4.67%$1.3685.30%
FTAIOFTAI Aviation Ltd.4.65%$1.1825.22%
WDWalker & Dunlop, Inc.4.65%$2.7379.29%
0J2Z.LHA Sustainable Infrastructure Capital, Inc.4.63%$1.4766.70%
FLMNFalcon Minerals Corporation4.63%$0.3681.83%
GSRMGSR II Meteora Acquisition Corp.4.62%$0.1532.94%
FBFWXAmerican Funds Retirement Income Portfolio - Moderate Class F-14.61%$0.6379.77%
GPSThe Gap, Inc.4.61%$0.9341.48%
QUADQuad/Graphics, Inc.4.61%$0.2764.56%
BMYBristol-Myers Squibb Company4.59%$2.4582.81%
WTBAWest Bancorporation, Inc.4.56%$0.9952.39%
SCPLSciPlay Corporation4.55%$1.0417.40%
OLPOne Liberty Properties, Inc.4.53%$0.9257.61%
RWAYLRunway Growth Finance Corp. - 74.53%$1.1475.51%
INSWInternational Seaways, Inc.4.52%$2.1248.43%
RWAYZRunway Growth Finance Corp. 8.00% Notes due 20274.52%$1.1475.51%
DDominion Energy, Inc.4.48%$2.6597.13%
TGTTarget Corporation4.48%$4.5054.48%
COLBColumbia Banking System, Inc.4.47%$1.2662.95%
DFPAXBNY Mellon Diversified International Fund Class A4.46%$0.4556.12%
KEYKeyCorp4.46%$0.9495.81%
RPTIXT. Rowe Price Mid-Cap Growth Fund4.46%$4.3859.54%
CGBDCarlyle Secured Lending, Inc.4.45%$0.5655.08%
NEWTPNewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B4.44%$1.0244.14%
PFCPremier Financial Corp.4.43%$1.2468.07%
BFCBank First Corporation4.40%$5.3073.82%
DUKDuke Energy Corporation4.40%$5.1780.55%
0L77.LSkyworks Solutions, Inc.4.37%$2.7990.67%
ESCAEscalade, Incorporated4.35%$0.6065.28%
DINOHF Sinclair Corporation4.34%$2.0396.43%
LBAILakeland Bancorp, Inc.4.34%$0.5844.96%
CVXChevron Corporation4.32%$6.7495.36%
CVBFCVB Financial Corp.4.31%$0.8154.32%
HTBKHeritage Commerce Corp4.30%$0.5273.66%
EQREquity Residential4.28%$2.6689.76%