Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Kedge Construction Co., Ltd. (2546.TW)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$162.44 - $358.59$233.88
Multi-Stage$121.09 - $132.05$126.48
Blended Fair Value$180.18
Current Price$77.36
Upside132.91%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.71%16.37%3.733.742.132.952.462.461.771.230.821.23
YoY Growth---0.24%75.58%-27.78%20.00%0.00%38.89%44.00%50.00%-33.33%50.00%
Dividend Yield--5.07%4.58%3.51%6.24%6.03%8.81%6.65%6.22%5.22%9.88%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,069.45
(-) Cash Dividends Paid (M)482.89
(=) Cash Retained (M)586.56
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)213.89133.6880.21
Cash Retained (M)586.56586.56586.56
(-) Cash Required (M)-213.89-133.68-80.21
(=) Excess Retained (M)372.67452.88506.35
(/) Shares Outstanding (M)129.54129.54129.54
(=) Excess Retained per Share2.883.503.91
LTM Dividend per Share3.733.733.73
(+) Excess Retained per Share2.883.503.91
(=) Adjusted Dividend6.607.227.64
WACC / Discount Rate9.79%9.79%9.79%
Growth Rate5.50%6.50%7.50%
Fair Value$162.44$233.88$358.59
Upside / Downside109.98%202.33%363.53%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,069.451,138.961,213.001,291.841,375.811,465.241,509.19
Payout Ratio45.15%54.12%63.09%72.06%81.03%90.00%92.50%
Projected Dividends (M)482.89616.43765.30930.911,114.831,318.711,396.01

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.79%9.79%9.79%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)556.20561.47566.74
Year 2 PV (M)623.04634.91646.89
Year 3 PV (M)683.81703.44723.45
Year 4 PV (M)738.89767.30796.53
Year 5 PV (M)788.61826.70866.25
PV of Terminal Value (M)12,296.3212,890.2413,506.89
Equity Value (M)15,686.8816,384.0717,106.75
Shares Outstanding (M)129.54129.54129.54
Fair Value$121.09$126.48$132.05
Upside / Downside56.53%63.49%70.70%

High-Yield Dividend Screener

« Prev Page 85 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0258.HKTomson Group Limited1.44%$0.037.69%
055490.KSTapex Co., Ltd.1.44%$199.7851.52%
2756.TWOLian Fa International Dining Business Corp.1.44%$1.1840.55%
300130.SZXGD Inc.1.44%$0.4065.84%
300194.SZFuan Pharmaceutical (Group) Co., Ltd.1.44%$0.0652.37%
301058.SZCOFCO Technology & Industry Co., Ltd.1.44%$0.1634.15%
3393.HKWasion Holdings Limited1.44%$0.2617.68%
5536.TWOActer Group Corporation Limited1.44%$10.9947.44%
600809.SSShanxi Xinghuacun Fen Wine Factory Co.,Ltd.1.44%$2.4724.55%
6485.TMaezawa Kyuso Industries Co.,Ltd.1.44%$22.7715.91%
6506.TYASKAWA Electric Corporation1.44%$68.3230.92%
688092.SSHangzhou IECHO Science & Technology Co., Ltd.1.44%$0.3655.35%
ISS.COISS A/S1.44%$3.1019.54%
003027.SZTongxing Environmental Protection Technology Co.,Ltd1.43%$0.3250.08%
0W19.LDatagroup Se1.43%$1.0034.00%
0YG7.LBeijer Alma AB (publ)1.43%$4.1246.18%
2427.TOUTSOURCING Inc.1.43%$24.9856.59%
300409.SZGuangdong Dowstone Technology Co., Ltd.1.43%$0.3258.17%
600362.SSJiangxi Copper Company Limited1.43%$0.7933.95%
600409.SSTangshan Sanyou Chemical Industries Co.,Ltd1.43%$0.0981.03%
601858.SSChina Science Publishing & Media Ltd.1.43%$0.2639.12%
603283.SSSuzhou Secote Precision Electronic Co.,LTD1.43%$0.6225.98%
603757.SSZhejiang Dayuan Pumps Industry Co., Ltd1.43%$0.6358.53%
6479.TMinebeaMitsumi Inc.1.43%$45.0629.19%
7012.TKawasaki Heavy Industries, Ltd.1.43%$148.5132.29%
9630.SRRatio Speciality Company for Trading1.43%$0.1014.11%
GGenpact Limited1.43%$0.6620.93%
GILGildan Activewear Inc.1.43%$0.9028.59%
MRU.TOMetro Inc.1.43%$1.4230.52%
SIMINN.ICSíminn hf.1.43%$0.2133.47%
002568.SZShanghai Bairun Investment Holding Group Co., Ltd.1.42%$0.3146.41%
2270.HKDesun Real Estate Investment Services Group Co., Ltd.1.42%$0.0641.57%
300294.SZChina Resources Boya Bio-pharmaceutical Group Co., Ltd.1.42%$0.3249.45%
300433.SZLens Technology Co., Ltd.1.42%$0.4354.16%
300906.SZJiangxi Everbright Measurement And Control Technology Co.,Ltd.1.42%$0.5058.74%
301588.SZNewtechwood Corp1.42%$0.2667.53%
4684.TOBIC Co.,Ltd.1.42%$70.0044.07%
600023.SSZhejiang Zheneng Electric Power Co., Ltd.1.42%$0.0712.91%
600268.SSGuodian Nanjing Automation Co., Ltd.1.42%$0.1533.78%
605089.SSSuzhou Weizhixiang Food Co., Ltd.1.42%$0.3667.75%
688677.SSQingdao NovelBeam Technology Co.,Ltd.1.42%$0.6152.58%
7456.TMATSUDA SANGYO Co., Ltd.1.42%$75.0717.79%
DNR.MIIndustrie De Nora S.p.A.1.42%$0.1022.74%
000039.SZChina International Marine Containers (Group) Co., Ltd.1.41%$0.1431.30%
000778.SZXinxing Ductile Iron Pipes Co., Ltd.1.41%$0.0660.76%
002434.SZZhejiang Wanliyang Co., Ltd.1.41%$0.1354.38%
0354.HKChinasoft International Limited1.41%$0.0716.05%
300298.SZSinocare Inc.1.41%$0.2447.22%
600063.SSAnhui Wanwei Updated High-Tech Material Industry Co.,Ltd1.41%$0.0831.80%
603058.SSGuiZhou YongJi Printing CO.,LTD1.41%$0.1342.37%