Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hang Seng Bank Limited (0011.HK)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$138.41 - $206.24$170.70
Multi-Stage$275.49 - $302.18$288.58
Blended Fair Value$229.64
Current Price$117.60
Upside95.27%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.83%2.08%6.825.343.936.156.767.877.066.458.775.65
YoY Growth--27.53%35.92%-36.07%-8.95%-14.12%11.45%9.37%-26.44%55.36%1.82%
Dividend Yield--7.13%5.87%3.03%4.31%5.05%4.89%4.02%3.33%6.08%3.83%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)32,155.00
(-) Cash Dividends Paid (M)26,194.00
(=) Cash Retained (M)5,961.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6,431.004,019.382,411.63
Cash Retained (M)5,961.005,961.005,961.00
(-) Cash Required (M)-6,431.00-4,019.38-2,411.63
(=) Excess Retained (M)-470.001,941.633,549.38
(/) Shares Outstanding (M)1,895.801,895.801,895.80
(=) Excess Retained per Share-0.251.021.87
LTM Dividend per Share13.8213.8213.82
(+) Excess Retained per Share-0.251.021.87
(=) Adjusted Dividend13.5714.8415.69
WACC / Discount Rate7.61%7.61%7.61%
Growth Rate-2.00%-1.00%0.00%
Fair Value$138.41$170.70$206.24
Upside / Downside17.70%45.15%75.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)32,155.0031,833.4531,515.1231,199.9630,887.9630,579.0931,496.46
Payout Ratio81.46%83.17%84.88%86.58%88.29%90.00%92.50%
Projected Dividends (M)26,194.0026,475.6726,749.0927,014.3927,271.7027,521.1829,134.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.61%7.61%7.61%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)24,355.4724,603.9924,852.52
Year 2 PV (M)22,636.4323,100.7623,569.80
Year 3 PV (M)21,030.2121,680.5922,344.23
Year 4 PV (M)19,530.3720,339.8121,174.16
Year 5 PV (M)18,130.7019,074.8120,057.84
PV of Terminal Value (M)416,594.52438,287.56460,875.03
Equity Value (M)522,277.71547,087.52572,873.57
Shares Outstanding (M)1,895.801,895.801,895.80
Fair Value$275.49$288.58$302.18
Upside / Downside134.26%145.39%156.96%

High-Yield Dividend Screener

« Prev Page 91 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
9104.TMitsui O.S.K. Lines, Ltd.1.23%$57.816.75%
BATR.JKBenteng Api Technic Tbk.1.23%$1.4036.27%
PAAL-B.COPer Aarsleff Holding A/S1.23%$10.7225.18%
000715.SZZhongxing Shenyang Commercial Building Group Co.,Ltd1.22%$0.0836.61%
002130.SZShenZhen Woer Heat-Shrinkable Material Co.,Ltd.1.22%$0.3239.58%
0133.HKChina Merchants China Direct Investments Limited1.22%$0.1914.27%
0564.HKZCZL Industrial Technology Group Company Limited Class H1.22%$0.2610.61%
0GMG.LAddnode Group AB (publ)1.22%$1.1440.63%
2376.HKLushang Life Services Co., Ltd.1.22%$0.036.51%
300251.SZBeijing Enlight Media Co., Ltd.1.22%$0.2026.99%
300263.SZLonghua Technology Group Co.,Ltd.1.22%$0.1161.13%
301132.SZJi'an Mankun Technology Co., Ltd.1.22%$0.4144.02%
600983.SSWhirlpool China Co., Ltd.1.22%$0.1219.14%
601799.SSChangzhou Xingyu Automotive Lighting Systems Co.,Ltd.1.22%$1.5027.12%
TFBANK.STTF Bank AB (publ)1.22%$1.9717.64%
TOTS3.SATotvs S.a.1.22%$0.5036.80%
003017.SZZhejiang Dayang Biology Technology Co.,Ltd.1.21%$0.3632.30%
003028.SZGenbyte Technology Inc.1.21%$0.3635.28%
086450.KQDongKook Pharmaceutical Co., Ltd.1.21%$206.6315.20%
300003.SZLepu Medical Technology (Beijing) Co., Ltd.1.21%$0.1983.02%
3648.TAGS Corporation1.21%$15.9116.60%
3687.TFixstars Corporation1.21%$18.9128.89%
600222.SSHenan Taloph Pharmaceutical Stock Co.,Ltd1.21%$0.0893.49%
600378.SSHaohua Chemical Science & Technology Corp., Ltd.1.21%$0.3934.67%
600575.SSHuaihe Energy (Group) Co.,Ltd1.21%$0.0420.84%
601101.SSBeijing Haohua Energy Resource Co., Ltd.1.21%$0.0926.44%
601198.SSDongxing Securities Corporation Limited1.21%$0.1724.60%
6944.TWOMega Union Technology Inc.1.21%$8.4522.42%
ERFEnerplus Corporation1.21%$0.2412.97%
GYLD-A.COGyldendal A/S1.21%$20.0044.02%
002007.SZHualan Biological Engineering Inc.1.20%$0.1835.04%
002140.KSKorea Industrial Co., Ltd.1.20%$30.037.91%
002185.SZTianshui Huatian Technology Co., Ltd.1.20%$0.1353.46%
002273.SZZhejiang Crystal-Optech Co., Ltd1.20%$0.3036.00%
002315.SZFocus Technology Co., Ltd.1.20%$0.5534.23%
002516.SZKuangda Technology Group Co., Ltd.1.20%$0.0865.15%
002534.SZXizi Clean Energy Equipment Manufacturing Co.,ltd.1.20%$0.2087.30%
0425.HKMinth Group Limited1.20%$0.409.99%
2630.TWAir Asia Co., Ltd.1.20%$0.6260.94%
2802.TAjinomoto Co., Inc.1.20%$39.9250.21%
300562.SZGuangdong Transtek Medical Electronics Co., Ltd1.20%$0.1645.17%
603680.SSKTK Group Co., Ltd.1.20%$0.1828.61%
6078.HKHygeia Healthcare Holdings Co., Limited1.20%$0.158.82%
BYGGP.STByggPartner Gruppen AB (publ)1.20%$0.5021.08%
GFH.AEGFH Financial Group BSC1.20%$0.0377.14%
NDA.DEAurubis AG1.20%$1.5112.24%
002171.SZAnhui Truchum Advanced Materials and Technology Co., Ltd.1.19%$0.1642.58%
002241.SZGoertek Inc.1.19%$0.3440.79%
002752.SZSunrise Group Company Limited1.19%$0.0826.12%
002893.SZBeijing Jingneng Thermal Co. Ltd. Class A1.19%$0.1342.82%