Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

TECO Electric & Machinery Co., Ltd. (1504.TW)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$54.94 - $132.26$81.45
Multi-Stage$41.74 - $45.43$43.56
Blended Fair Value$62.50
Current Price$95.10
Upside-34.28%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS23.00%8.51%2.361.521.371.170.910.840.820.840.761.04
YoY Growth--55.39%11.11%17.39%28.19%8.35%2.82%-2.27%10.00%-27.27%0.00%
Dividend Yield--4.82%2.70%3.22%3.63%2.81%3.48%3.85%3.38%2.46%3.98%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,380.34
(-) Cash Dividends Paid (M)4,729.66
(=) Cash Retained (M)650.67
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,076.07672.54403.53
Cash Retained (M)650.67650.67650.67
(-) Cash Required (M)-1,076.07-672.54-403.53
(=) Excess Retained (M)-425.39-21.87247.15
(/) Shares Outstanding (M)2,110.422,110.422,110.42
(=) Excess Retained per Share-0.20-0.010.12
LTM Dividend per Share2.242.242.24
(+) Excess Retained per Share-0.20-0.010.12
(=) Adjusted Dividend2.042.232.36
WACC / Discount Rate9.42%9.42%9.42%
Growth Rate5.50%6.50%7.50%
Fair Value$54.94$81.45$132.26
Upside / Downside-42.23%-14.35%39.07%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,380.345,730.066,102.516,499.186,921.627,371.537,592.67
Payout Ratio87.91%88.33%88.74%89.16%89.58%90.00%92.50%
Projected Dividends (M)4,729.665,061.085,415.615,794.836,200.486,634.387,023.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.42%9.42%9.42%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)4,582.084,625.514,668.94
Year 2 PV (M)4,439.004,523.554,608.89
Year 3 PV (M)4,300.294,423.734,549.52
Year 4 PV (M)4,165.824,326.034,490.81
Year 5 PV (M)4,035.474,230.394,432.76
PV of Terminal Value (M)66,575.2069,790.8173,129.48
Equity Value (M)88,097.8591,920.0195,880.41
Shares Outstanding (M)2,110.422,110.422,110.42
Fair Value$41.74$43.56$45.43
Upside / Downside-56.11%-54.20%-52.23%

High-Yield Dividend Screener

« Prev Page 84 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
WIIT.MIWiit S.p.A.1.49%$0.3078.75%
010130.KSKorea Zinc Company, Ltd.1.48%$19,110.0186.56%
0R3I.LScatec ASA1.48%$1.0919.46%
2445.KLKuala Lumpur Kepong Berhad1.48%$0.2939.87%
264900.KSCrown Confectionery Co., Ltd.1.48%$130.059.54%
300627.SZShanghai Huace Navigation Technology Ltd1.48%$0.5241.90%
4FY.FGrupo Financiero Inbursa, S.A.B. de C.V.1.48%$0.030.78%
601633.SSGreat Wall Motor Company Limited1.48%$0.3426.17%
605499.SSEastroc Beverage (Group) Co.,Ltd.1.48%$3.9546.92%
CHEMM.COChemoMetec A/S1.48%$10.0053.93%
LPC.VLorne Park Capital Partners Inc.1.48%$0.0358.11%
ROVI.MCLaboratorios Farmaceuticos Rovi, S.A.1.48%$0.9439.48%
002627.SZHubei Three Gorges Tourism Group Co., Ltd.1.47%$0.1183.03%
4917.TMandom Corporation1.47%$40.0189.41%
600908.SSWuxi Rural Commercial Bank Co.,Ltd1.47%$0.098.24%
603128.SSCTS International Logistics Corporation Limited1.47%$0.0931.49%
603192.SSShanghai Huide Science & Technology Co.,Ltd1.47%$0.3942.81%
605155.SSZhejiang Xidamen New Material Co.,Ltd.1.47%$0.2538.23%
6824.TNew Cosmos Electric Co.,Ltd.1.47%$60.0521.02%
MT.ASArcelorMittal S.A.1.47%$0.5917.37%
000120.KSCJ Logistics Corporation1.46%$1,384.1811.62%
001319.SZWinstech Precision Holding Co., Ltd.1.46%$0.4042.15%
002430.SZHangzhou Oxygen Plant Group Co.,Ltd.1.46%$0.4442.21%
088790.KSJindo.Co., Ltd.1.46%$29.4117.12%
138A.THikari Food Service Co Ltd1.46%$39.9330.85%
195870.KSHAESUNG DS Co., Ltd.1.46%$800.1451.39%
600475.SSWuxi Huaguang Environment & Energy Group Co.,Ltd.1.46%$0.2745.95%
603896.SSZhejiang Shouxiangu Pharmaceutical Co., Ltd.1.46%$0.2842.25%
6517.TDenyo Co., Ltd.1.46%$52.3621.56%
688269.SSKaili Catalyst & New Materials Co.,Ltd.1.46%$0.5868.32%
688777.SSZhejiang Supcon Technology Co., Ltd.1.46%$0.7268.29%
ALU10.PAU10 Corp1.46%$0.0261.68%
DESPDespegar.com, Corp.1.46%$0.2885.32%
DGI9.LDigital 9 Infrastructure PLC1.46%$0.0918.97%
FALABELLA.SNFalabella S.A.1.46%$88.3625.66%
052400.KQKona I Co.,Ltd.1.45%$683.7225.31%
138040.KSMeritz Financial Group Inc.1.45%$1,617.8612.25%
300708.SZFocus Lightings Tech Co., Ltd.1.45%$0.1349.25%
3056.TWFu Hua Innovation Co. Ltd.1.45%$0.265.02%
601116.SSSanjiang Shopping Club Co.,Ltd1.45%$0.2080.56%
603089.SSADD Industry (Zhejiang) Co. Ltd.1.45%$0.1828.19%
9523.SRGroup Five Pipe Saudi Ltd.1.45%$0.508.57%
BBIK.BKBluebik Group Public Company Limited1.45%$0.2213.18%
EXO.ASExor N.V.1.45%$1.051.36%
PNVL3.SADimed S.A. Distribuidora de Medicamentos1.45%$0.1823.28%
SIGSignet Jewelers Limited1.45%$1.2535.52%
URB-A.CNUrbana Corporation1.45%$0.135.63%
002242.SZJoyoung Co.,Ltd1.44%$0.1577.40%
009070.KSKCTC Co. Ltd1.44%$88.4912.75%
012320.KSKyungdong Invest Co., Ltd1.44%$760.237.07%