Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

Bank of Ayudhya Public Company Limited (BAY-R.BK)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$52.98 - $90.99$69.40
Multi-Stage$83.59 - $91.85$87.64
Blended Fair Value$78.52
Current Price$23.50
Upside234.12%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.19%2.65%0.860.860.860.750.450.850.870.860.810.84
YoY Growth--0.04%-0.03%14.40%66.67%-47.06%-1.80%0.52%6.16%-3.32%27.00%
Dividend Yield--3.78%3.18%2.96%2.13%1.20%4.47%2.32%2.14%2.11%2.43%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)30,887.75
(-) Cash Dividends Paid (M)6,365.48
(=) Cash Retained (M)24,522.27
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6,177.553,860.972,316.58
Cash Retained (M)24,522.2724,522.2724,522.27
(-) Cash Required (M)-6,177.55-3,860.97-2,316.58
(=) Excess Retained (M)18,344.7220,661.3022,205.69
(/) Shares Outstanding (M)7,355.767,355.767,355.76
(=) Excess Retained per Share2.492.813.02
LTM Dividend per Share0.870.870.87
(+) Excess Retained per Share2.492.813.02
(=) Adjusted Dividend3.363.673.88
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate0.65%1.65%2.65%
Fair Value$52.98$69.40$90.99
Upside / Downside125.44%195.30%287.18%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)30,887.7531,397.2331,915.1132,441.5332,976.6433,520.5734,526.18
Payout Ratio20.61%34.49%48.37%62.24%76.12%90.00%92.50%
Projected Dividends (M)6,365.4810,827.8815,435.7620,192.7025,102.3730,168.5131,936.72

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate0.65%1.65%2.65%
Year 1 PV (M)10,017.0210,116.5410,216.06
Year 2 PV (M)13,210.4613,474.2713,740.69
Year 3 PV (M)15,987.4616,468.7416,959.58
Year 4 PV (M)18,386.3219,127.9819,891.87
Year 5 PV (M)20,442.2621,478.1622,555.63
PV of Terminal Value (M)536,790.44563,991.95592,285.20
Equity Value (M)614,833.94644,657.64675,649.02
Shares Outstanding (M)7,355.767,355.767,355.76
Fair Value$83.59$87.64$91.85
Upside / Downside255.68%272.94%290.86%

High-Yield Dividend Screener

« Prev Page 8 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
035810.KQEASY HOLDINGS Co., Ltd.9.64%$435.2887.39%
0623.HKSinoMedia Holding Limited9.64%$0.1944.98%
ITSA3.SAItaúsa S.A.9.64%$1.1780.68%
MFG.AXMagellan Financial Group Limited9.64%$0.9634.94%
PMTA.BKPM Thoresen Asia Holdings Public Company Limited9.64%$0.9860.98%
2989.TTokaido REIT, Inc.9.63%$11,143.4889.54%
SBMO.ASSBM Offshore N.V.9.63%$2.3853.44%
0576.HKZhejiang Expressway Co., Ltd.9.62%$0.6974.90%
INVEST.HEInvestors House Oyj9.62%$0.3663.41%
MFEC.BKMFEC Public Company Limited9.62%$0.5094.79%
PIKK.MEPJSC PIK-specialized homebuilder9.61%$45.9431.14%
6868.HKTenfu (Cayman) Holdings Company Limited9.60%$0.2693.07%
601077.SSChongqing Rural Commercial Bank Co., Ltd.9.58%$0.6286.18%
SIQ.AXSmartgroup Corporation Ltd9.58%$0.8777.09%
5012.KLTa Ann Holdings Berhad9.57%$0.4093.61%
PAC.AXPacific Current Group Limited9.57%$0.9623.44%
MTO.AXMotorCycle Holdings Limited9.56%$0.3068.86%
HME.VHemisphere Energy Corporation9.55%$0.1957.92%
0382.HKEdvantage Group Holdings Limited9.54%$0.1412.43%
0OQQ.LInfotel S.A.9.54%$4.0386.81%
VIE.PAVeolia Environnement S.A.9.53%$2.8797.23%
0QJX.LEFG International AG9.52%$1.8196.44%
601998.SSChina CITIC Bank Corporation Limited9.51%$0.7368.88%
0752.HKPico Far East Holdings Limited9.50%$0.2545.55%
MRN.PAMersen S.A.9.50%$2.3045.40%
MTS.AXMetcash Limited9.50%$0.3164.02%
SYNE3.SASYN prop e tech S.A.9.50%$0.4659.20%
TEXF.BRTexaf S.A.9.50%$3.4063.35%
601997.SSBank of Guiyang Co.,Ltd.9.49%$0.5639.86%
WMA.AXWam Alternative Assets Limited9.49%$0.109.12%
0135.HKKunlun Energy Company Limited9.48%$0.7052.47%
SC-R.BKSC Asset Corporation Public Company Limited9.47%$0.1648.63%
0DLI.LAcomo N.V.9.45%$2.4067.74%
AFYAAfya Limited9.45%$1.4117.69%
BBRI.JKPT Bank Rakyat Indonesia (Persero) Tbk9.44%$343.6092.61%
TEKA.BKTeka Construction Public Company Limited9.44%$0.1696.55%
8964.TFrontier Real Estate Investment Corporation9.39%$8,736.6196.39%
ALLA.BKAlla Public Company Limited9.39%$0.1177.39%
4333.SRTaleem REIT Fund9.38%$0.9670.19%
SHL.AXSonic Healthcare Limited9.38%$2.1198.90%
TQM-R.BKTQM Alpha Public Company Limited9.37%$1.0882.74%
0882.HKTianjin Development Holdings Limited9.36%$0.2321.27%
0O84.LDNB Bank ASA9.36%$17.5255.97%
4339.SRDerayah Financial - Derayah Reit Fund9.36%$0.4982.63%
601390.SSChina Railway Group Limited9.35%$0.5150.32%
CPACopa Holdings, S.A.9.35%$11.3970.44%
BRSR3.SABanco do Estado do Rio Grande do Sul S.A.9.34%$1.5649.87%
RET.BRRetail Estates N.V.9.34%$5.9746.68%
0265.HKGangyu Smart Urban Services Holdings Limited9.33%$0.1868.15%
KGKC.MEPJSC Kurgan Generation Company9.33%$4.0370.77%