Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Singapore Exchange Limited (S68.SI)

Company Dividend Discount ModelIndustry: Financial - Data & Stock ExchangesSector: Financial Services

Valuation Snapshot

Stable Growth$27.27 - $75.52$42.25
Multi-Stage$27.45 - $30.07$28.74
Blended Fair Value$35.49
Current Price$14.88
Upside138.52%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS3.71%2.54%0.350.340.320.320.320.300.370.280.280.31
YoY Growth--5.59%6.04%0.56%-0.08%6.63%-19.98%33.86%0.00%-9.73%10.76%
Dividend Yield--2.39%3.58%3.30%3.33%2.82%3.55%4.69%3.85%3.76%4.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,245.89
(-) Cash Dividends Paid (M)557.84
(=) Cash Retained (M)688.05
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)249.18155.7493.44
Cash Retained (M)688.05688.05688.05
(-) Cash Required (M)-249.18-155.74-93.44
(=) Excess Retained (M)438.87532.31594.61
(/) Shares Outstanding (M)1,085.811,085.811,085.81
(=) Excess Retained per Share0.400.490.55
LTM Dividend per Share0.510.510.51
(+) Excess Retained per Share0.400.490.55
(=) Adjusted Dividend0.921.001.06
WACC / Discount Rate6.90%6.90%6.90%
Growth Rate3.42%4.42%5.42%
Fair Value$27.27$42.25$75.52
Upside / Downside83.24%183.90%407.50%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,245.891,300.961,358.461,418.501,481.201,546.671,593.07
Payout Ratio44.77%53.82%62.86%71.91%80.95%90.00%92.50%
Projected Dividends (M)557.84700.17853.991,020.041,199.111,392.001,473.59

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.90%6.90%6.90%
Growth Rate3.42%4.42%5.42%
Year 1 PV (M)648.70654.97661.24
Year 2 PV (M)733.04747.28761.67
Year 3 PV (M)811.20834.96859.18
Year 4 PV (M)883.49918.16953.84
Year 5 PV (M)950.22997.051,045.72
PV of Terminal Value (M)25,781.6427,052.4328,372.85
Equity Value (M)29,808.2931,204.8632,654.50
Shares Outstanding (M)1,085.811,085.811,085.81
Fair Value$27.45$28.74$30.07
Upside / Downside84.49%93.14%102.11%

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%