Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Floyd Public Company Limited (FLOYD.BK)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$37.83 - $44.60$41.78
Multi-Stage$25.42 - $27.99$26.68
Blended Fair Value$34.23
Current Price$1.11
Upside2,983.85%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-41.49%-19.27%0.010.000.000.000.070.080.050.270.000.18
YoY Growth--11.16%0.00%0.00%-100.00%-10.00%66.68%-82.22%0.00%-100.00%270.60%
Dividend Yield--0.62%0.46%0.00%0.00%4.86%10.42%3.02%14.94%0.00%4.97%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)103.20
(-) Cash Dividends Paid (M)35.53
(=) Cash Retained (M)67.67
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)20.6412.907.74
Cash Retained (M)67.6767.6767.67
(-) Cash Required (M)-20.64-12.90-7.74
(=) Excess Retained (M)47.0354.7759.93
(/) Shares Outstanding (M)444.44444.44444.44
(=) Excess Retained per Share0.110.120.13
LTM Dividend per Share0.080.080.08
(+) Excess Retained per Share0.110.120.13
(=) Adjusted Dividend0.190.200.21
WACC / Discount Rate-0.30%-0.30%-0.30%
Growth Rate1.82%2.82%3.82%
Fair Value$37.83$41.78$44.60
Upside / Downside3,308.08%3,664.20%3,918.00%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)103.20106.11109.11112.19115.36118.62122.17
Payout Ratio34.43%45.54%56.66%67.77%78.89%90.00%92.50%
Projected Dividends (M)35.5348.3361.8276.0391.00106.75113.01

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-0.30%-0.30%-0.30%
Growth Rate1.82%2.82%3.82%
Year 1 PV (M)48.0048.4748.94
Year 2 PV (M)60.9862.1963.40
Year 3 PV (M)74.5076.7178.97
Year 4 PV (M)88.5592.0895.72
Year 5 PV (M)103.18108.34113.72
PV of Terminal Value (M)10,922.4711,469.4612,038.14
Equity Value (M)11,297.6811,857.2612,438.89
Shares Outstanding (M)444.44444.44444.44
Fair Value$25.42$26.68$27.99
Upside / Downside2,190.08%2,303.51%2,421.41%

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