Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

TCC Steel Corp. (002710.KS)

Company Dividend Discount ModelIndustry: SteelSector: Basic Materials

Valuation Snapshot

Stable Growth$2,455.83 - $7,464.38$3,908.41
Multi-Stage$2,189.33 - $2,397.89$2,291.68
Blended Fair Value$3,100.04
Current Price$15,840.00
Upside-80.43%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.68%9.92%27.1940.5944.366.2510.0221.640.000.000.0011.19
YoY Growth---33.00%-8.50%609.61%-37.59%-53.71%0.00%0.00%0.00%-100.00%6.00%
Dividend Yield--0.13%0.07%0.19%0.06%0.22%1.55%0.00%0.00%0.00%0.55%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,613.64
(-) Cash Dividends Paid (M)2,621.37
(=) Cash Retained (M)4,992.27
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,522.73951.70571.02
Cash Retained (M)4,992.274,992.274,992.27
(-) Cash Required (M)-1,522.73-951.70-571.02
(=) Excess Retained (M)3,469.544,040.564,421.25
(/) Shares Outstanding (M)78.8878.8878.88
(=) Excess Retained per Share43.9851.2256.05
LTM Dividend per Share33.2333.2333.23
(+) Excess Retained per Share43.9851.2256.05
(=) Adjusted Dividend77.2284.4589.28
WACC / Discount Rate7.16%7.16%7.16%
Growth Rate3.89%4.89%5.89%
Fair Value$2,455.83$3,908.41$7,464.38
Upside / Downside-84.50%-75.33%-52.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,613.647,986.138,376.858,786.689,216.569,667.479,957.50
Payout Ratio34.43%45.54%56.66%67.77%78.89%90.00%92.50%
Projected Dividends (M)2,621.373,637.204,746.155,954.907,270.578,700.739,210.69

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.16%7.16%7.16%
Growth Rate3.89%4.89%5.89%
Year 1 PV (M)3,361.853,394.213,426.57
Year 2 PV (M)4,054.754,133.184,212.36
Year 3 PV (M)4,702.284,839.374,979.10
Year 4 PV (M)5,306.565,513.845,727.13
Year 5 PV (M)5,869.636,157.616,456.78
PV of Terminal Value (M)149,402.59156,732.60164,347.53
Equity Value (M)172,697.66180,770.81189,149.47
Shares Outstanding (M)78.8878.8878.88
Fair Value$2,189.33$2,291.68$2,397.89
Upside / Downside-86.18%-85.53%-84.86%

High-Yield Dividend Screener

« Prev Page 8 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ACICAmerican Coastal Insurance Corporation4.24%$0.4828.28%
NCDLNuveen Churchill Direct Lending Corp.4.24%$0.5730.88%
ESEversource Energy4.23%$2.8879.84%
ISBCInvestors Bancorp, Inc.4.21%$0.5844.24%
KMIKinder Morgan, Inc.4.21%$1.1795.05%
PWODPenns Woods Bancorp, Inc.4.17%$1.2545.44%
DDSDillard's, Inc.4.16%$26.5071.17%
RLIRLI Corp.4.16%$2.6067.96%
TFCTruist Financial Corporation4.16%$2.0753.19%
RMBIRichmond Mutual Bancorporation, Inc.4.15%$0.5854.33%
PRPermian Resources Corporation4.14%$0.6052.90%
RILYTB. Riley Financial, Inc. 6.00% Senior Notes Due 20284.13%$0.5856.91%
DGICADonegal Group Inc.4.12%$0.8028.85%
AUBNAuburn National Bancorporation, Inc.4.11%$1.0876.62%
FHBFirst Hawaiian, Inc.4.11%$1.0650.97%
PORPortland General Electric Company4.09%$1.9872.28%
NEWTLNewtek Business Services Corp.4.08%$1.0244.14%
NEWTGNewtekOne, Inc. 8.50% Fixed Rate Senior Notes due 20294.06%$1.0244.14%
NEWTZNewtek Business Services Corp. 5.50% Notes Due 20264.05%$1.0244.14%
LKQLKQ Corporation4.04%$1.2144.76%
NWENorthwestern Energy Group Inc4.04%$2.6274.07%
PXDPioneer Natural Resources Company4.00%$10.8054.25%
HAFCHanmi Financial Corporation3.99%$1.0744.22%
KSSKohl's Corporation3.99%$0.8550.52%
APAAPA Corporation3.98%$1.0124.12%
NWNNorthwest Natural Holding Company3.98%$1.8676.25%
HFWAHeritage Financial Corporation3.97%$0.9456.54%
WSBCWesBanco, Inc.3.97%$1.3265.39%
FULTFulton Financial Corporation3.96%$0.7739.22%
REYNReynolds Consumer Products Inc.3.96%$0.9163.16%
MSMMSC Industrial Direct Co., Inc.3.95%$3.3995.14%
RF-PFRegions Financial Corporation3.95%$1.0141.98%
NEWTINewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 20283.94%$0.9942.24%
BOHBank of Hawaii Corporation3.93%$2.6958.42%
DCOMDime Community Bancshares, Inc.3.93%$1.1786.59%
OGEOGE Energy Corp.3.93%$1.6967.72%
ASIEXMultisector Income Fund - Investor Class3.92%$0.3596.64%
ESSEssex Property Trust, Inc.3.90%$10.0376.31%
WABCWestamerica Bancorporation3.90%$1.8639.32%
NJRNew Jersey Resources Corporation3.88%$1.7853.65%
XHRXenia Hotels & Resorts, Inc.3.88%$0.5693.99%
ARTNAArtesian Resources Corporation3.87%$1.2255.68%
FFBCFirst Financial Bancorp.3.87%$0.9738.17%
PNWPinnacle West Capital Corporation3.87%$3.4169.92%
UEUrban Edge Properties3.87%$0.7482.23%
NECBNortheast Community Bancorp, Inc.3.86%$0.8827.20%
SCSCXTouchstone Large Cap Focused Fund Class C3.86%$2.8037.43%
BBWIBath & Body Works, Inc.3.85%$0.8024.18%
BHBBar Harbor Bankshares3.85%$1.2054.11%
UGIUGI Corporation3.85%$1.4547.35%