Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Pinthong Industrial Park Property Fund (PPF.BK)

Company Dividend Discount ModelIndustry: REIT - IndustrialSector: Real Estate

Valuation Snapshot

Stable Growth$7.64 - $11.41$9.43
Multi-Stage$15.33 - $16.81$16.06
Blended Fair Value$12.74
Current Price$10.30
Upside23.71%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20232022202120202019
DPS0.00%0.00%0.740.690.720.740.670.000.000.000.000.00
YoY Growth--7.97%-4.09%-2.70%10.58%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--7.20%6.08%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)208.54
(-) Cash Dividends Paid (M)169.10
(=) Cash Retained (M)39.44
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)41.7126.0715.64
Cash Retained (M)39.4439.4439.44
(-) Cash Required (M)-41.71-26.07-15.64
(=) Excess Retained (M)-2.2713.3723.80
(/) Shares Outstanding (M)224.51224.51224.51
(=) Excess Retained per Share-0.010.060.11
LTM Dividend per Share0.750.750.75
(+) Excess Retained per Share-0.010.060.11
(=) Adjusted Dividend0.740.810.86
WACC / Discount Rate7.53%7.53%7.53%
Growth Rate-2.00%-1.00%0.00%
Fair Value$7.64$9.43$11.41
Upside / Downside-25.84%-8.45%10.73%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)208.54206.45204.39202.34200.32198.32204.27
Payout Ratio81.09%82.87%84.65%86.44%88.22%90.00%92.50%
Projected Dividends (M)169.10171.09173.02174.90176.72178.49188.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.53%7.53%7.53%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)157.50159.10160.71
Year 2 PV (M)146.62149.63152.67
Year 3 PV (M)136.44140.66144.96
Year 4 PV (M)126.90132.16137.59
Year 5 PV (M)117.99124.13130.53
PV of Terminal Value (M)2,755.442,898.923,048.32
Equity Value (M)3,440.893,604.613,774.78
Shares Outstanding (M)224.51224.51224.51
Fair Value$15.33$16.06$16.81
Upside / Downside48.80%55.88%63.24%

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%