Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ratchthani Leasing Public Company Limited (THANI.BK)

Company Dividend Discount ModelIndustry: Financial - Credit ServicesSector: Financial Services

Valuation Snapshot

Stable Growth$1.48 - $2.33$1.87
Multi-Stage$4.48 - $4.94$4.70
Blended Fair Value$3.29
Current Price$1.66
Upside97.96%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-40.19%8.89%0.020.150.150.150.100.240.010.080.070.01
YoY Growth---88.23%0.01%-0.01%59.37%-59.18%1,941.66%-85.71%16.67%620.00%25.00%
Dividend Yield--1.06%6.60%4.64%4.09%2.36%8.80%0.30%2.00%3.22%0.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)955.60
(-) Cash Dividends Paid (M)436.05
(=) Cash Retained (M)519.56
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)191.12119.4571.67
Cash Retained (M)519.56519.56519.56
(-) Cash Required (M)-191.12-119.45-71.67
(=) Excess Retained (M)328.44400.11447.89
(/) Shares Outstanding (M)6,229.336,229.336,229.33
(=) Excess Retained per Share0.050.060.07
LTM Dividend per Share0.070.070.07
(+) Excess Retained per Share0.050.060.07
(=) Adjusted Dividend0.120.130.14
WACC / Discount Rate5.43%5.43%5.43%
Growth Rate-2.63%-1.63%-0.63%
Fair Value$1.48$1.87$2.33
Upside / Downside-10.70%12.64%40.14%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)955.60939.99924.63909.52894.66880.05906.45
Payout Ratio45.63%54.50%63.38%72.25%81.13%90.00%92.50%
Projected Dividends (M)436.05512.34586.02657.15725.81792.04838.46

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.43%5.43%5.43%
Growth Rate-2.63%-1.63%-0.63%
Year 1 PV (M)481.02485.96490.90
Year 2 PV (M)516.57527.23538.01
Year 3 PV (M)543.87560.80578.08
Year 4 PV (M)563.97587.50611.76
Year 5 PV (M)577.82608.11639.66
PV of Terminal Value (M)25,201.5126,522.5327,898.38
Equity Value (M)27,884.7729,292.1430,756.78
Shares Outstanding (M)6,229.336,229.336,229.33
Fair Value$4.48$4.70$4.94
Upside / Downside169.66%183.27%197.43%

High-Yield Dividend Screener

« Prev Page 70 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
6101.TTsugami Corporation2.08%$59.7021.18%
9549.SRAbdulaziz and Mansour Ibrahim Albabtin Co.2.08%$0.5029.71%
FPAR-A.STFastPartner AB (publ)2.08%$0.9755.03%
GRNG.STGränges AB (publ)2.08%$3.0934.78%
ZGNErmenegildo Zegna N.V.2.08%$0.2228.26%
000983.SZShanxi Coking Coal Energy Group Co.,Ltd.2.07%$0.1344.44%
006090.KSOyang Corporation2.07%$187.5543.67%
0O1O.LVetoquinol S.A.2.07%$1.7419.10%
1748.HKXin Yuan Enterprises Group Limited2.07%$0.0462.70%
4677.KLYTL Corporation Berhad2.07%$0.0426.42%
603136.SSJiangsu Tianmu Lake Tourism Co.,Ltd2.07%$0.2464.23%
7965.TZojirushi Corporation2.07%$32.3536.35%
MRSA3B.SAMRS Logística S.A.2.07%$0.8118.86%
OCL.AXObjective Corporation Limited2.07%$0.3457.76%
TRTNTriton International Limited2.07%$1.6528.50%
001219.SZQingdao Foods CO.,LTD.2.06%$0.2955.25%
002351.SZEdifier Technology Co., Ltd.2.06%$0.2553.80%
004830.KSDuksung Co., Ltd.2.06%$100.3019.66%
600120.SSZhejiang Orient Financial Holdings Group Co., Ltd.2.06%$0.1332.28%
600143.SSKingfa Sci. & Tech. Co., Ltd.2.06%$0.4085.82%
7735.TSCREEN Holdings Co., Ltd.2.06%$314.4332.13%
ALSO3.SAAliansce Sonae Shopping Centers S.A.2.06%$0.529.27%
MLIA.JKPT Mulia Industrindo Tbk2.06%$6.9827.72%
REA.AXREA Group Limited2.06%$3.8151.46%
THEON.ASTheon International PLC2.06%$0.5552.53%
000902.SZYONFER Agricultural Technology Co., Ltd.2.05%$0.3226.06%
002938.SZAvary Holding(Shenzhen)Co., Limited2.05%$1.0459.37%
036930.KQJUSUNG ENGINEERING Co., Ltd.2.05%$625.5045.79%
086280.KSHyundai Glovis Co., Ltd.2.05%$3,700.1019.97%
2730.TEDION Corporation2.05%$43.4130.64%
4191.SRAbdullah Saad Mohammed Abo Moati for Bookstores Company2.05%$1.0176.56%
9527.SRAme Company For Medical Supplies2.05%$2.0027.73%
BMIN3.SABanco Mercantil de Investimentos S.A.2.05%$0.4728.32%
GUAR3.SAGuararapes Confecções S.A.2.05%$0.1820.09%
MGROS.ISMigros Ticaret A.S.2.05%$10.8831.41%
MLL.DEMüller - Die lila Logistik AG2.05%$0.106.76%
RAY-A.TOStingray Group Inc.2.05%$0.3039.32%
VIVA3.SAVivara Participações S.A.2.05%$0.6620.93%
268280.KSMiwon Specialty Chemical Co., Ltd.2.04%$2,814.5722.79%
2869.HKGreentown Service Group Co. Ltd.2.04%$0.0917.96%
450330.KQHass2.04%$131.7935.27%
605589.SSJinan Shengquan Group Share Holding Co., Ltd.2.04%$0.5844.86%
CEK.DECeoTronics AG2.04%$0.2634.71%
CSAP.JKPT Catur Sentosa Adiprana Tbk2.04%$6.5030.53%
ROTH.PARothschild & Co SCA2.04%$0.7813.71%
2476.TWG-SHANK Enterprise Co., Ltd.2.03%$1.8549.48%
2852.KLCahya Mata Sarawak Berhad2.03%$0.0328.80%
3788.HKChina Hanking Holdings Limited2.03%$0.0836.16%
4004.SRDallah Healthcare Company2.03%$2.5449.37%
601607.SSShanghai Pharmaceuticals Holding Co., Ltd2.03%$0.3623.77%