Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

LH Shopping Centers Leasehold Real Estate Investment Trust (LHSC.BK)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$27.55 - $54.17$38.04
Multi-Stage$42.15 - $46.24$44.16
Blended Fair Value$41.10
Current Price$12.20
Upside236.88%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.54%0.00%0.720.530.240.090.290.600.560.580.670.25
YoY Growth--35.85%121.05%153.33%-67.03%-52.55%6.56%-2.07%-13.95%165.67%0.00%
Dividend Yield--5.92%5.32%2.09%0.93%2.50%4.66%3.32%3.90%4.75%1.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,318.81
(-) Cash Dividends Paid (M)779.34
(=) Cash Retained (M)539.47
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)263.76164.8598.91
Cash Retained (M)539.47539.47539.47
(-) Cash Required (M)-263.76-164.85-98.91
(=) Excess Retained (M)275.71374.62440.56
(/) Shares Outstanding (M)778.06778.06778.06
(=) Excess Retained per Share0.350.480.57
LTM Dividend per Share1.001.001.00
(+) Excess Retained per Share0.350.480.57
(=) Adjusted Dividend1.361.481.57
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate1.49%2.49%3.49%
Fair Value$27.55$38.04$54.17
Upside / Downside125.80%211.83%343.99%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,318.811,351.591,385.181,419.621,454.901,491.071,535.80
Payout Ratio59.09%65.28%71.46%77.64%83.82%90.00%92.50%
Projected Dividends (M)779.34882.25989.801,102.161,219.481,341.961,420.61

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate1.49%2.49%3.49%
Year 1 PV (M)820.47828.56836.64
Year 2 PV (M)856.03872.98890.10
Year 3 PV (M)886.44912.91939.89
Year 4 PV (M)912.12948.61986.18
Year 5 PV (M)933.44980.341,029.11
PV of Terminal Value (M)28,386.2629,812.6331,295.77
Equity Value (M)32,794.7634,356.0235,977.69
Shares Outstanding (M)778.06778.06778.06
Fair Value$42.15$44.16$46.24
Upside / Downside245.48%261.93%279.02%

High-Yield Dividend Screener

« Prev Page 74 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PHN.MIPharmanutra S.p.A.1.89%$1.0254.97%
002117.SZTungkong Inc.1.88%$0.2667.89%
031440.KSSHINSEGAE FOOD Inc.1.88%$899.9814.67%
1590.TWAirTAC International Group1.88%$17.9845.66%
2678.HKTexhong Textile Group Limited1.88%$0.096.21%
4112.THodogaya Chemical Co., Ltd.1.88%$42.1632.13%
4739.TITOCHU Techno-Solutions Corporation1.88%$81.1350.53%
600499.SSKeda Industrial Group Co., Ltd.1.88%$0.2634.23%
6594.TNidec Corporation1.88%$40.0525.72%
GFPT-R.BKGFPT Public Company Limited1.88%$0.2010.54%
NGI.AXNavigator Global Investments Limited1.88%$0.0619.77%
SVW.AXSeven Group Holdings Limited1.88%$0.8731.55%
002461.SZGuangzhou Zhujiang Brewery Co., Ltd1.87%$0.1740.51%
002788.SZLuyan Pharma Co.,Ltd.1.87%$0.4049.91%
600600.SSTsingtao Brewery Company Limited1.87%$1.1433.65%
600900.SSChina Yangtze Power Co., Ltd.1.87%$0.5137.99%
603238.SSHangZhou Nbond Nonwovens Co., Ltd.1.87%$0.3348.05%
6875.TMegaChips Corporation1.87%$148.1788.24%
7095.KLP.I.E. Industrial Berhad1.87%$0.0544.49%
8334.TThe Gunma Bank, Ltd.1.87%$32.3726.45%
BVB.DEBorussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien1.87%$0.0623.76%
DNG.TODynacor Group Inc.1.87%$0.1028.25%
ICNC-UNIconic Sports Acquisition Corp.1.87%$0.2030.34%
PAZ.SNPaz Corp S.A.1.87%$14.9926.20%
002756.SZYongxing Special Materials Technology Co.,Ltd1.86%$1.0188.45%
006980.KSWoosung Co., Ltd.1.86%$299.972.95%
084110.KQHuons Global Co., Ltd.1.86%$939.2047.07%
4100.SRMakkah Construction & Development Company1.86%$1.4866.05%
603867.SSZhejiang Xinhua Chemical Co.,Ltd1.86%$0.4738.85%
6849.TNihon Kohden Corporation1.86%$31.3228.12%
9515.SRFesh Fash Snack Food Production Company1.86%$0.1824.81%
CIMSA.ISÇimsa Çimento Sanayi ve Ticaret A.S.1.86%$0.8543.17%
EGATIF.BKElectricity Generating Authority Of Thailand- North Bangkok Power Plant Block 1 Infrastructure Fund1.86%$0.1122.36%
ESNTEssent Group Ltd.1.86%$1.2117.35%
RVRC.STRVRC Holding AB (publ)1.86%$1.2044.59%
002803.SZXiamen Jihong Technology Co., Ltd.1.85%$0.3049.75%
2467.TWC Sun Mfg Ltd.1.85%$4.9998.76%
300160.SZJiangsu Xiuqiang Glasswork Co., Ltd.1.85%$0.1037.25%
600609.SSShenyang Jinbei Automotive Company Limited1.85%$0.0941.26%
601882.SSNingbo Haitian Precision Machinery Co.,Ltd.1.85%$0.3641.14%
603199.SSAnhui Jiuhuashan Tourism Development Co., Ltd.1.85%$0.6835.31%
7245.TDaido Metal Co., Ltd.1.85%$18.1630.01%
BTGB2Gold Corp.1.85%$0.0856.43%
COIC.STConcentric AB (publ)1.85%$4.2555.44%
MPCC.OLMPC Container Ships ASA1.85%$0.3256.17%
000823.SZGuangdong Goworld Co., Ltd.1.84%$0.2554.48%
0529.HKSiS International Holdings Limited1.84%$0.043.76%
0KBI.LKnorr-Bremse AG1.84%$1.7566.92%
300866.SZAnker Innovations Limited1.84%$2.1043.92%
4013.SRDr. Sulaiman Al Habib Medical Services Group Company1.84%$4.7270.08%