DDM Analysis: BBL-R.BK

Valuation Snapshot

Stable Growth	$514.41 - $1,230.68	$761.20
Multi-Stage	$689.66 - $757.13	$722.76
Blended Fair Value	$741.98
Current Price	$139.00
Upside	433.80%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	2.01%	0.74%	7.00	5.00	4.00	3.50	5.00	6.33	6.32	6.32	6.30	6.50
YoY Growth	-	-	39.99%	25.04%	14.26%	-30.01%	-21.07%	0.22%	0.09%	0.28%	-3.11%	0.00%
Dividend Yield	-	-	4.75%	3.60%	2.64%	2.55%	3.97%	6.30%	3.04%	3.21%	3.47%	3.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	47,338.32
(-) Cash Dividends Paid (M)	16,222.86
(=) Cash Retained (M)	31,115.46

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	9,467.66	5,917.29	3,550.37
Cash Retained (M)	31,115.46	31,115.46	31,115.46
(-) Cash Required (M)	-9,467.66	-5,917.29	-3,550.37
(=) Excess Retained (M)	21,647.80	25,198.17	27,565.09
(/) Shares Outstanding (M)	1,908.84	1,908.84	1,908.84
(=) Excess Retained per Share	11.34	13.20	14.44
LTM Dividend per Share	8.50	8.50	8.50
(+) Excess Retained per Share	11.34	13.20	14.44
(=) Adjusted Dividend	19.84	21.70	22.94
WACC / Discount Rate	6.18%	6.18%	6.18%
Growth Rate	2.23%	3.23%	4.23%
Fair Value	$514.41	$761.20	$1,230.68
Upside / Downside	270.08%	447.63%	785.38%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	47,338.32	48,869.19	50,449.57	52,081.06	53,765.31	55,504.03	57,169.15
Payout Ratio	34.27%	45.42%	56.56%	67.71%	78.85%	90.00%	92.50%
Projected Dividends (M)	16,222.86	22,194.44	28,535.30	35,263.05	42,396.10	49,953.62	52,881.46

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.18%	6.18%	6.18%
Growth Rate	2.23%	3.23%	4.23%
Year 1 PV (M)	20,700.81	20,903.29	21,105.78
Year 2 PV (M)	24,823.81	25,311.81	25,804.56
Year 3 PV (M)	28,612.04	29,459.89	30,324.32
Year 4 PV (M)	32,084.69	33,358.58	34,670.02
Year 5 PV (M)	35,259.97	37,018.52	38,846.53
PV of Terminal Value (M)	1,174,978.13	1,233,578.56	1,294,494.11
Equity Value (M)	1,316,459.45	1,379,630.64	1,445,245.32
Shares Outstanding (M)	1,908.84	1,908.84	1,908.84
Fair Value	$689.66	$722.76	$757.13
Upside / Downside	396.16%	419.97%	444.70%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 90 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
688267.SS	China Catalyst Holding Co., Ltd.	1.26%	$0.35	34.87%
8848.T	Leopalace21 Corporation	1.26%	$8.31	27.11%
BAUH4.SA	Excelsior Alimentos S.A.	1.26%	$1.17	21.88%
CAST.ST	Castellum AB (publ)	1.26%	$1.33	21.53%
CRH	CRH plc	1.26%	$1.60	33.62%
HBEL.BO	Humming Bird Education Limited	1.26%	$0.30	36.54%
JCI	Johnson Controls International plc	1.26%	$1.54	56.71%
KOG.OL	Kongsberg Gruppen ASA	1.26%	$3.40	42.40%
OEM-B.ST	OEM International AB (publ)	1.26%	$1.74	40.26%
SAREGAMA.BO	Saregama India Limited	1.26%	$4.51	42.77%
SDPC.JK	PT Millennium Pharmacon International Tbk	1.26%	$2.00	15.16%
002448.SZ	ZYNP Corporation	1.25%	$0.16	32.06%
0QLU.L	Basler Kantonalbank	1.25%	$1.11	12.42%
145720.KS	Dentium Co. Ltd.	1.25%	$599.51	9.81%
204320.KS	Mando Corporation	1.25%	$820.37	29.46%
3684.TWO	Grand-Tek Technology Co., Ltd.	1.25%	$0.80	29.94%
5819.KL	Hong Leong Bank Berhad	1.25%	$0.28	13.43%
600633.SS	Zhejiang Daily Digital Culture Group Co.,Ltd.	1.25%	$0.16	35.54%
600850.SS	CETC Digital Technology Co.,Ltd.	1.25%	$0.37	49.83%
603329.SS	Shanghai Ace Investment & Development Co., Ltd.	1.25%	$0.14	79.14%
603920.SS	Olympic Circuit Technology Co., Ltd	1.25%	$0.61	53.40%
6632.T	JVCKENWOOD Corporation	1.25%	$15.03	12.26%
9717.T	JASTEC Co., Ltd.	1.25%	$24.25	22.00%
9719.T	SCSK Corporation	1.25%	$70.95	36.13%
ENTER.AT	Entersoft S.A.	1.25%	$0.10	20.30%
ETN	Eaton Corporation plc	1.25%	$4.08	40.54%
IRFC.BO	Indian Railway Finance Corporation Limited	1.25%	$1.60	30.59%
LVC.WA	LiveChat Software S.A.	1.25%	$1.46	20.71%
ORSTED.CO	Ørsted A/S	1.25%	$1.60	10.19%
000514.SZ	Chongqing Yukaifa Co., Ltd	1.24%	$0.06	55.20%
002346.SZ	Shanghai Zhezhong Group Co.,Ltd	1.24%	$0.25	18.48%
002748.SZ	Jiangxi Selon Industrial Co., Ltd.	1.24%	$0.16	89.09%
1976.T	MEISEI INDUSTRIAL Co.,Ltd.	1.24%	$21.03	12.53%
300763.SZ	Ginlong Technologies Co., Ltd.	1.24%	$0.88	39.17%
600871.SS	Sinopec Oilfield Service Corporation	1.24%	$0.03	81.02%
603585.SS	Suli Co., Ltd.	1.24%	$0.23	35.70%
605116.SS	Aurisco Pharmaceutical Co.,Ltd.	1.24%	$0.31	29.49%
ALWED.PA	Wedia S.A.	1.24%	$0.38	21.38%
MNC.WA	Mennica Polska S.A.	1.24%	$0.60	6.22%
MTHH.CO	MT Højgaard Holding A/S	1.24%	$6.49	19.74%
WALL-B.ST	Wallenstam AB (publ)	1.24%	$0.51	17.40%
WRT1V.HE	Wärtsilä Oyj Abp	1.24%	$0.38	40.46%
041830.KQ	InBody Co.,Ltd	1.23%	$400.00	16.47%
0QHK.L	SeSa S.p.A.	1.23%	$1.12	27.54%
0Y5C.L	Allegion plc	1.23%	$1.99	26.83%
300726.SZ	Zhuzhou Hongda Electronics Corp.,Ltd.	1.23%	$0.63	74.98%
300916.SZ	Shenzhen Longtech Smart Control Co., Ltd.	1.23%	$0.40	42.79%
4148.TW	All Cosmos Bio-Tech Holding Corporation	1.23%	$0.48	23.21%
544.SI	CSE Global Limited	1.23%	$0.01	26.84%
600104.SS	SAIC Motor Corporation Limited	1.23%	$0.19	75.02%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Bangkok Bank Public Company Limited (BBL-R.BK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener