Definitive Analysis
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Analysis Mode

Ticker

Industry

Sector

Sino-Thai Engineering and Construction Public Company Limited (STEC-R.BK)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$1.80 - $2.98$2.32
Multi-Stage$3.72 - $4.09$3.90
Blended Fair Value$3.11
Current Price$9.20
Upside-66.19%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS0.00%28.37%0.300.250.300.300.500.000.220.330.400.50
YoY Growth--19.99%-16.66%-0.01%-40.00%0.00%-100.00%-33.31%-17.53%-20.00%1,924.63%
Dividend Yield--2.94%1.98%2.24%1.90%4.39%0.00%1.15%1.37%1.76%2.35%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)240.20
(-) Cash Dividends Paid (M)228.77
(=) Cash Retained (M)11.44
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)48.0430.0318.02
Cash Retained (M)11.4411.4411.44
(-) Cash Required (M)-48.04-30.03-18.02
(=) Excess Retained (M)-36.60-18.59-6.58
(/) Shares Outstanding (M)1,525.111,525.111,525.11
(=) Excess Retained per Share-0.02-0.010.00
LTM Dividend per Share0.150.150.15
(+) Excess Retained per Share-0.02-0.010.00
(=) Adjusted Dividend0.130.140.15
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-0.55%0.45%1.45%
Fair Value$1.80$2.32$2.98
Upside / Downside-80.45%-74.78%-67.65%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)240.20241.29242.39243.49244.59245.70253.07
Payout Ratio95.24%94.19%93.14%92.10%91.05%90.00%92.50%
Projected Dividends (M)228.77227.28225.77224.24222.69221.13234.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-0.55%0.45%1.45%
Year 1 PV (M)211.44213.56215.69
Year 2 PV (M)195.40199.35203.34
Year 3 PV (M)180.55186.05191.67
Year 4 PV (M)166.81173.63180.64
Year 5 PV (M)154.10162.01170.23
PV of Terminal Value (M)4,769.685,014.355,268.95
Equity Value (M)5,677.995,948.946,230.52
Shares Outstanding (M)1,525.111,525.111,525.11
Fair Value$3.72$3.90$4.09
Upside / Downside-59.53%-57.60%-55.59%

High-Yield Dividend Screener

« Prev Page 9 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
ATLOAmes National Corporation3.84%$0.8748.60%
FRMEFirst Merchants Corporation3.83%$1.4435.39%
PCARPACCAR Inc3.83%$4.2783.66%
0HJO.LAvalonBay Communities, Inc.3.82%$6.8684.26%
FEFirstEnergy Corp.3.82%$1.7375.49%
LXFRLuxfer Holdings PLC3.81%$0.5298.38%
LCIILCI Industries3.80%$4.7264.48%
NENNew England Realty Associates Limited Partnership3.78%$2.4473.23%
PAYXPaychex, Inc.3.78%$4.1091.97%
RGCORGC Resources, Inc.3.78%$0.8163.02%
UBSIUnited Bankshares, Inc.3.78%$1.4548.05%
SLVMSylvamo Corporation3.77%$1.8041.11%
CACCamden National Corporation3.75%$1.6147.99%
ARCHArch Resources, Inc.3.74%$5.0450.87%
USBU.S. Bancorp3.74%$2.0243.68%
WSRWhitestone REIT3.74%$0.5260.32%
FDBCFidelity D & D Bancorp, Inc.3.73%$1.6135.71%
WNCWabash National Corporation3.73%$0.335.38%
VLYValley National Bancorp3.72%$0.4347.26%
GHLDGuild Holdings Company3.71%$0.7436.91%
FNFFidelity National Financial, Inc.3.69%$2.0046.79%
IPARInter Parfums, Inc.3.68%$3.1561.47%
WSBFWaterstone Financial, Inc.3.68%$0.6145.57%
AROWArrow Financial Corporation3.66%$1.1554.67%
ASIXAdvanSix Inc.3.66%$0.6332.72%
ASRVAmeriServ Financial, Inc.3.66%$0.1278.81%
CVGWCalavo Growers, Inc.3.66%$0.8071.92%
OXYOccidental Petroleum Corporation3.65%$1.5575.62%
FMAOFarmers & Merchants Bancorp, Inc.3.64%$0.8937.59%
LNKBLINKBANCORP, Inc.3.64%$0.3029.21%
BHRBBurke & Herbert Bank & Trust Company3.63%$2.2431.71%
EOGEOG Resources, Inc.3.63%$3.9038.34%
FITBFifth Third Bancorp3.61%$1.7247.89%
LNCLincoln National Corporation3.61%$1.6314.98%
MCBSMetroCity Bankshares, Inc.3.61%$0.9536.60%
OZKBank OZK3.61%$1.7026.69%
PCBPCB Bancorp3.61%$0.7831.72%
SFDSMITHFIELD FOODS INC3.60%$0.8036.46%
0HOB.LH&R Block, Inc.3.59%$1.5433.12%
ASBAssociated Banc-Corp3.59%$0.9287.56%
PLOWDouglas Dynamics, Inc.3.59%$1.1866.47%
EXCExelon Corporation3.58%$1.5756.50%
MCMoelis & Company3.58%$2.5585.89%
TIPTTiptree Inc.3.57%$0.6449.10%
BPRNPrinceton Bancorp, Inc.3.56%$1.2046.56%
EVRGEvergy, Inc.3.56%$2.6071.71%
CZFSCitizens Financial Services, Inc.3.55%$1.9727.82%
CNO-PACNO Financial Group, Inc. 5.1253.54%$0.6722.53%
NBTBNBT Bancorp Inc.3.54%$1.4746.30%
0JQQ.LArcher-Daniels-Midland Company3.53%$2.0382.76%