Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Ratch Group Public Company Limited (RATCH-R.BK)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$24.27 - $37.75$30.50
Multi-Stage$57.55 - $63.32$60.38
Blended Fair Value$45.44
Current Price$24.20
Upside87.77%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.56%1.601.601.701.601.601.601.601.601.511.51
YoY Growth---0.01%-5.88%6.23%0.00%0.01%0.02%0.01%5.71%0.01%0.00%
Dividend Yield--6.34%5.71%4.41%3.83%3.29%2.96%2.84%3.23%3.17%3.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,576.80
(-) Cash Dividends Paid (M)3,479.61
(=) Cash Retained (M)2,097.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,115.36697.10418.26
Cash Retained (M)2,097.202,097.202,097.20
(-) Cash Required (M)-1,115.36-697.10-418.26
(=) Excess Retained (M)981.841,400.101,678.94
(/) Shares Outstanding (M)2,175.112,175.112,175.11
(=) Excess Retained per Share0.450.640.77
LTM Dividend per Share1.601.601.60
(+) Excess Retained per Share0.450.640.77
(=) Adjusted Dividend2.052.242.37
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate-2.00%-1.00%0.00%
Fair Value$24.27$30.50$37.75
Upside / Downside0.30%26.04%56.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,576.805,520.905,465.565,410.775,356.525,302.835,461.91
Payout Ratio62.39%67.92%73.44%78.96%84.48%90.00%92.50%
Projected Dividends (M)3,479.613,749.544,013.724,272.224,525.134,772.555,052.27

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)3,492.383,528.013,563.65
Year 2 PV (M)3,482.033,553.453,625.61
Year 3 PV (M)3,452.093,558.853,667.79
Year 4 PV (M)3,405.673,546.823,692.32
Year 5 PV (M)3,345.533,519.743,701.14
PV of Terminal Value (M)108,005.17113,629.39119,485.51
Equity Value (M)125,182.85131,336.27137,736.01
Shares Outstanding (M)2,175.112,175.112,175.11
Fair Value$57.55$60.38$63.32
Upside / Downside137.82%149.51%161.67%

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%