Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Thai Vegetable Oil Public Company Limited (TVO-R.BK)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$34.03 - $57.83$44.39
Multi-Stage$67.46 - $74.12$70.73
Blended Fair Value$57.56
Current Price$25.25
Upside127.95%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.23%-0.03%1.451.011.001.911.501.371.781.891.961.68
YoY Growth--43.61%0.94%-47.61%27.29%9.97%-23.06%-6.23%-3.29%16.24%15.62%
Dividend Yield--6.75%5.41%3.78%6.73%5.20%6.68%7.30%6.08%6.43%7.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,474.82
(-) Cash Dividends Paid (M)1,537.17
(=) Cash Retained (M)937.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)494.96309.35185.61
Cash Retained (M)937.64937.64937.64
(-) Cash Required (M)-494.96-309.35-185.61
(=) Excess Retained (M)442.68628.29752.03
(/) Shares Outstanding (M)887.78887.78887.78
(=) Excess Retained per Share0.500.710.85
LTM Dividend per Share1.731.731.73
(+) Excess Retained per Share0.500.710.85
(=) Adjusted Dividend2.232.442.58
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate-0.23%0.77%1.77%
Fair Value$34.03$44.39$57.83
Upside / Downside34.79%75.79%129.05%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,474.822,493.932,513.182,532.592,552.152,571.862,649.01
Payout Ratio62.11%67.69%73.27%78.85%84.42%90.00%92.50%
Projected Dividends (M)1,537.171,688.141,841.351,996.822,154.592,314.672,450.34

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate-0.23%0.77%1.77%
Year 1 PV (M)1,572.191,587.951,603.70
Year 2 PV (M)1,597.081,629.261,661.75
Year 3 PV (M)1,612.971,661.961,711.93
Year 4 PV (M)1,620.861,686.831,754.79
Year 5 PV (M)1,621.691,704.601,790.87
PV of Terminal Value (M)51,868.4354,520.4057,279.76
Equity Value (M)59,893.2262,791.0065,802.81
Shares Outstanding (M)887.78887.78887.78
Fair Value$67.46$70.73$74.12
Upside / Downside167.18%180.11%193.55%

High-Yield Dividend Screener

« Prev Page 83 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300019.SZChengdu Guibao Science & Technology Co.,Ltd.1.52%$0.3140.29%
4009.SRMiddle East Healthcare Company1.52%$0.5012.40%
5482.TAichi Steel Corporation1.52%$44.2730.27%
600711.SSChengtun Mining Group Co., Ltd.1.52%$0.2335.49%
9435.THikari Tsushin, Inc.1.52%$664.2429.23%
CEGR3.SACompanhia Distribuidora de Gás do Rio de Janeiro - CEG1.52%$1.4751.97%
INVE-A.STInvestor AB (publ)1.52%$4.9521.54%
JDAN.COJeudan A/S1.52%$3.0017.56%
MYG.AXMayfield Group Holdings Limited1.52%$0.0538.65%
001213.SZChina Railway Special Cargo Logistics Co., Ltd.1.51%$0.0647.84%
002358.SZHenan Senyuan Electric Co., Ltd.1.51%$0.0874.78%
0QNO.LLonza Group AG1.51%$8.1143.57%
2332.TQuest Co., Ltd.1.51%$24.2217.41%
2517.HKGuoquan Food (Shanghai) Co Ltd1.51%$0.0528.47%
300092.SZSichuan Kexin Mechanical and Electrical Equipment Co.,Ltd1.51%$0.2480.12%
300596.SZRianlon Corporation1.51%$0.6428.93%
4030.SRThe National Shipping Company of Saudi Arabia1.51%$0.4421.11%
4578.TOtsuka Holdings Co., Ltd.1.51%$134.3915.80%
600109.SSSinolink Securities Co., Ltd.1.51%$0.1420.84%
601211.SSGuotai Junan Securities Co., Ltd.1.51%$0.3120.62%
603700.SSNingbo Water Meter (Group) Co., Ltd.1.51%$0.2044.19%
NWO.DENew Work SE1.51%$1.0047.05%
000968.SZShanxi Blue Flame Holding Company Limited1.50%$0.1023.97%
002262.SZJiangsu Nhwa Pharmaceutical Co., Ltd.1.50%$0.3629.87%
0QDX.ILAB Sagax (publ)1.50%$2.9642.30%
300986.SZJiangxi GETO New Materials Corporation Limited1.50%$0.1749.99%
600389.SSNantong Jiangshan Agrochemical & Chemicals Co.,Ltd.1.50%$0.3834.07%
605166.SSJuheshun Advanced Material Co., Ltd.1.50%$0.1625.21%
605555.SSNingbo Dechang Electrical Machinery Made Co., Ltd.1.50%$0.2849.12%
6113.HKBitStrat Holdings Limited1.50%$0.0346.13%
688188.SSShanghai BOCHU Electronic Technology Corporation Limited.1.50%$2.0455.83%
7472.TTOBA, Inc.1.50%$61.0518.55%
ABSO.STAbsolent Air Care Group AB (publ)1.50%$3.2542.64%
RIPLEY.SNRipley Corp S.A.1.50%$6.2516.33%
001311.SZChuzhou Duoli Automotive Technology Co., Ltd.1.49%$0.4853.94%
002698.SZHarbin Boshi Automation Co., Ltd.1.49%$0.2551.93%
077500.KSUniquest Corporation1.49%$99.9929.08%
0QQZ.LSt. Galler Kantonalbank AG1.49%$8.5111.89%
0YU.DEYum China Holdings Inc1.49%$0.7532.86%
300307.SZNingbo Cixing Co.,Ltd.1.49%$0.1187.46%
300841.SZChengdu Kanghua Biological Products Co., Ltd.1.49%$1.0877.05%
600827.SSShanghai Bailian (Group) Co., Ltd.1.49%$0.1398.59%
601113.SSYiwu Huading Nylon Co.,Ltd.1.49%$0.0721.89%
601990.SSNanjing Securities Co., Ltd.1.49%$0.1235.60%
6361.TEbara Corporation1.49%$54.9334.55%
6370.TKurita Water Industries Ltd.1.49%$94.5546.04%
6969.HKSmoore International Holdings Limited1.49%$0.1840.81%
8842.TTokyo Rakutenchi Co.,Ltd.1.49%$99.7279.28%
B3SA3.SAB3 S.A. - Brasil, Bolsa, Balcão1.49%$0.2021.40%
STMMI.MISTMicroelectronics N.V.1.49%$0.3559.85%