Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

INET Freehold and Leasehold Real Estate Investment Trust (INETREIT.BK)

Company Dividend Discount ModelIndustry: REIT - SpecialtySector: Real Estate

Valuation Snapshot

Stable Growth$13.04 - $18.94$15.90
Multi-Stage$22.42 - $24.61$23.50
Blended Fair Value$19.70
Current Price$11.00
Upside79.08%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021201920182017
DPS0.00%0.00%0.730.510.590.080.000.000.000.000.000.00
YoY Growth--42.37%-12.57%607.75%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--8.36%5.87%5.32%0.69%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)894.68
(-) Cash Dividends Paid (M)403.32
(=) Cash Retained (M)491.36
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)178.94111.8367.10
Cash Retained (M)491.36491.36491.36
(-) Cash Required (M)-178.94-111.83-67.10
(=) Excess Retained (M)312.43379.53424.26
(/) Shares Outstanding (M)504.48504.48504.48
(=) Excess Retained per Share0.620.750.84
LTM Dividend per Share0.800.800.80
(+) Excess Retained per Share0.620.750.84
(=) Adjusted Dividend1.421.551.64
WACC / Discount Rate8.66%8.66%8.66%
Growth Rate-2.00%-1.00%0.00%
Fair Value$13.04$15.90$18.94
Upside / Downside18.56%44.56%72.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)894.68885.73876.87868.10859.42850.83876.35
Payout Ratio45.08%54.06%63.05%72.03%81.02%90.00%92.50%
Projected Dividends (M)403.32478.86552.85625.31696.27765.75810.63

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.66%8.66%8.66%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)436.24440.69445.14
Year 2 PV (M)458.82468.23477.73
Year 3 PV (M)472.77487.39502.30
Year 4 PV (M)479.56499.44519.92
Year 5 PV (M)480.47505.49531.54
PV of Terminal Value (M)8,984.599,452.449,939.57
Equity Value (M)11,312.4411,853.6612,416.22
Shares Outstanding (M)504.48504.48504.48
Fair Value$22.42$23.50$24.61
Upside / Downside103.86%113.61%123.75%

High-Yield Dividend Screener

« Prev Page 81 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
003003.SZGuangdong Tengen Industrial Group Co.,Ltd.1.60%$0.2158.54%
3026.KLDutch Lady Milk Industries Berhad1.60%$0.5028.77%
4380.TM - mart Inc.1.60%$20.8626.17%
5878.KLKPJ Healthcare Berhad1.60%$0.0454.29%
BUAH.JKPT Segar Kumala Indonesia Tbk1.60%$10.5034.44%
CBTT-B.STChristian Berner Tech Trade AB (publ)1.60%$0.6024.79%
SEER3.SASer Educacional S.A.1.60%$0.1517.88%
SPNSSapiens International Corporation N.V.1.60%$0.7061.01%
000963.SZHuadong Medicine Co., Ltd1.59%$0.6329.78%
002560.SZHenan Tong-Da Cable Co., Ltd.1.59%$0.1698.75%
002942.SZZhejiang XinNong Chemical Co.,Ltd.1.59%$0.3153.92%
016590.KSShindaeyang Paper Co., Ltd.1.59%$202.4828.25%
0J7X.LMBB SE1.59%$3.3332.74%
300957.SZYunnan Botanee Bio-Technology Group Co.LTD1.59%$0.6373.46%
366030.KQ09WOMEN Co., Ltd.1.59%$90.0829.50%
4736.TNippon RAD Inc.1.59%$9.9013.56%
600487.SSHengtong Optic-Electric Co., Ltd.1.59%$0.3933.97%
6201.TToyota Industries Corporation1.59%$283.1141.29%
688129.SSDonglai Coating Technology (Shanghai) Co., Ltd.1.59%$0.3241.19%
688312.SSShenzhen Yanmade Technology Inc.1.59%$0.5361.22%
688569.SSBeijing Tieke Shougang Rail Way-Tech Co., Ltd.1.59%$0.3543.76%
9324.TYasuda Logistics Corporation1.59%$34.9731.59%
ASSA-B.STASSA ABLOY AB (publ)1.59%$5.6642.81%
BEI-UN.TOBoardwalk Real Estate Investment Trust1.59%$1.0317.62%
DEPO.JKPT Caturkarda Depo Bangunan Tbk1.59%$4.2032.09%
DSNG.JKPT Dharma Satya Nusantara Tbk1.59%$24.0015.91%
F9D.SIBoustead Singapore Limited1.59%$0.0314.46%
OZL.AXOZ Minerals Limited1.59%$0.4555.76%
000920.SZVontron Technology Co., Ltd.1.58%$0.2038.51%
000960.SZYunnan Tin Company Limited1.58%$0.4438.02%
002340.SZGEM Co., Ltd.1.58%$0.1355.09%
300015.SZAier Eye Hospital Group Co., Ltd.1.58%$0.1749.80%
3925.TDouble Standard Inc.1.58%$27.4225.04%
4721.TWOMechema Chemicals International Corp.1.58%$1.1041.13%
603082.SSRIAMB (Beijing) Tech Dvlp Co1.58%$0.5857.18%
603289.SSZhejiang Tederic Machinery Co., Ltd.1.58%$0.1644.78%
603332.SSSuzhou Longjie Special Fiber Co., Ltd.1.58%$0.2287.52%
603993.SSCMOC Group Limited1.58%$0.3234.49%
7555.TOta Floriculture Auction Co.,Ltd.1.58%$11.8147.37%
ALPHA.ATAlpha Bank S.A.1.58%$0.0615.49%
OTP.BDOTP Bank Nyrt.1.58%$554.0413.23%
002550.SZChangzhou Qianhong Biopharma CO.,LTD1.57%$0.1235.18%
033530.KSSjg Sejong Co. Ltd.1.57%$162.926.60%
056190.KQSFA Engineering Corporation1.57%$380.3551.85%
300035.SZHunan Zhongke Electric Co., Ltd.1.57%$0.3343.86%
AGOAssured Guaranty Ltd.1.57%$1.4017.16%
CJA.FAlimentation Couche-Tard Inc.1.57%$0.5520.13%
MNIT.BKMFC-Nichada Thani Property Fund 21.57%$0.0321.78%
000573.SZDongGuan Winnerway Industry Zone Ltd.1.56%$0.0663.16%
000958.SZSPIC Industry-Finance Holdings Co., Ltd.1.56%$0.1060.59%