Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hap Seng Consolidated Berhad (3034.KL)

Company Dividend Discount ModelIndustry: ConglomeratesSector: Industrials

Valuation Snapshot

Stable Growth$1.37 - $1.92$1.65
Multi-Stage$4.27 - $4.71$4.48
Blended Fair Value$3.06
Current Price$2.53
Upside21.13%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-8.56%-2.03%0.220.250.300.350.250.350.350.350.340.26
YoY Growth---10.51%-16.67%-14.29%40.00%-28.57%0.00%0.00%1.59%32.79%-5.57%
Dividend Yield--8.16%5.58%5.88%4.68%2.99%4.59%3.57%3.55%3.83%3.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)588.43
(-) Cash Dividends Paid (M)528.73
(=) Cash Retained (M)59.70
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)117.6973.5544.13
Cash Retained (M)59.7059.7059.70
(-) Cash Required (M)-117.69-73.55-44.13
(=) Excess Retained (M)-57.98-13.8515.57
(/) Shares Outstanding (M)2,489.672,489.672,489.67
(=) Excess Retained per Share-0.02-0.010.01
LTM Dividend per Share0.210.210.21
(+) Excess Retained per Share-0.02-0.010.01
(=) Adjusted Dividend0.190.210.22
WACC / Discount Rate6.34%6.34%6.34%
Growth Rate-6.52%-5.52%-4.52%
Fair Value$1.37$1.65$1.92
Upside / Downside-45.70%-34.91%-24.06%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)588.43555.94525.25496.25468.86442.97456.26
Payout Ratio89.85%89.88%89.91%89.94%89.97%90.00%92.50%
Projected Dividends (M)528.73499.70472.27446.34421.83398.68422.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.34%6.34%6.34%
Growth Rate-6.52%-5.52%-4.52%
Year 1 PV (M)464.91469.89474.86
Year 2 PV (M)408.80417.60426.48
Year 3 PV (M)359.46371.12383.03
Year 4 PV (M)316.08329.82344.01
Year 5 PV (M)277.93293.12308.96
PV of Terminal Value (M)8,797.189,277.909,779.40
Equity Value (M)10,624.3711,159.4511,716.75
Shares Outstanding (M)2,489.672,489.672,489.67
Fair Value$4.27$4.48$4.71
Upside / Downside68.67%77.17%86.01%

High-Yield Dividend Screener

« Prev Page 77 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EFN-PA.TOElement Fleet Management Corp.1.77%$0.4438.48%
RMS.AXRamelius Resources Limited1.77%$0.0712.68%
RSTIP.MERosseti, Public Joint Stock Company1.77%$0.025.65%
TRIThomson Reuters Corporation1.77%$2.2457.46%
UFOE.JKPT Damai Sejahtera Abadi Tbk1.77%$3.2616.08%
002073.SZMesnac Co., Ltd.1.76%$0.1431.34%
068290.KSSamsung Publishing Co., Ltd1.76%$199.5321.01%
0EWR.Linit innovation in traffic systems SE1.76%$0.8047.67%
300923.SZYeal Electric Co.,Ltd1.76%$0.4571.34%
600019.SSBaoshan Iron & Steel Co., Ltd.1.76%$0.1329.23%
600176.SSChina Jushi Co., Ltd.1.76%$0.3034.66%
603225.SSXinfengming Group Co., Ltd.1.76%$0.3448.02%
7269.TSuzuki Motor Corporation1.76%$41.0219.60%
7556.TWOYeedex Electronic Corporation1.76%$2.9043.54%
AWRD.STAwardit AB (publ)1.76%$2.3082.26%
AXSAXIS Capital Holdings Limited1.76%$1.8414.40%
KCR.HEKonecranes Plc1.76%$1.6533.86%
SY1.DESymrise AG1.76%$1.2033.09%
VINTE.MXVinte Viviendas Integrales, S.A.B. de C.V.1.76%$0.5714.97%
002350.KSNexen Tire Corporation1.75%$130.258.28%
003019.SZTES Touch Embedded Solutions (Xiamen) Co., Ltd.1.75%$0.5854.54%
300951.SZShenzhen Bsc Technology Co.,Ltd.1.75%$0.6051.92%
301156.SZShanghai Menon Animal Nutrition Technology Co., Ltd.1.75%$0.3173.33%
3242.TUrbanet Corporation Co.,Ltd.1.75%$10.029.72%
603045.SSFuda Alloy Materials Co.,Ltd1.75%$0.3478.02%
7512.TAeon Hokkaido Corporation1.75%$15.9769.82%
ICC.BKI.C.C. International Public Company Limited1.75%$0.4329.50%
IMD.AXImdex Limited1.75%$0.0637.34%
KRI.ATKri-Kri Milk Industry S.A.1.75%$0.3541.81%
PEAB-B.STPeab AB (publ)1.75%$1.5126.14%
SIMP.JKPT Salim Ivomas Pratama Tbk1.75%$10.008.73%
001820.KSSAMWHA CAPACITOR Co.,LTD1.74%$525.0939.85%
006260.KSLS Corp.1.74%$3,619.1044.44%
006880.KSSingsong Holdings Co.,Ltd.1.74%$119.6228.35%
030520.KQHancom Inc.1.74%$409.9476.57%
243070.KQHuons Co., Ltd.1.74%$475.6315.69%
300488.SZEST Tools Co., Ltd1.74%$0.5763.18%
300787.SZAnfu CE LINK Limited1.74%$0.2056.29%
316140.KSWoori Financial Group Inc.1.74%$487.0211.05%
603817.SSFujian Haixia Environmental Protection Group Co.,Ltd.1.74%$0.1232.99%
603885.SSJuneyao Airlines Co., Ltd1.74%$0.2676.13%
688566.SSJiangsu Jibeier Pharmaceutical Co., Ltd.1.74%$0.5242.91%
CRLA.PACaisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative1.74%$1.417.62%
IVG.MIIveco Group N.V.1.74%$0.3327.33%
LTX.WALentex S.A.1.74%$0.1231.81%
MICE.JKPT Multi Indocitra Tbk1.74%$10.0013.08%
1334.HKRuichang Intl1.73%$0.0276.84%
4689.TLY Corporation1.73%$7.2024.40%
603926.SSZhejiang Tieliu Clutch Co., Ltd.1.73%$0.3066.82%
688533.SSSuzhou Sonavox Electronics Co., Ltd.1.73%$0.5045.54%