Definitive Analysis
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Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Floyd Public Company Limited (FLOYD.BK)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$2.31 - $3.61$2.91
Multi-Stage$2.76 - $3.02$2.89
Blended Fair Value$2.90
Current Price$1.11
Upside161.17%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-41.49%-19.27%0.010.000.000.000.070.080.050.270.000.18
YoY Growth--11.16%0.00%0.00%-100.00%-10.00%66.68%-82.22%0.00%-100.00%270.60%
Dividend Yield--0.62%0.46%0.00%0.00%4.86%10.42%3.02%14.94%0.00%4.97%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)103.20
(-) Cash Dividends Paid (M)35.53
(=) Cash Retained (M)67.67
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)20.6412.907.74
Cash Retained (M)67.6767.6767.67
(-) Cash Required (M)-20.64-12.90-7.74
(=) Excess Retained (M)47.0354.7759.93
(/) Shares Outstanding (M)444.44444.44444.44
(=) Excess Retained per Share0.110.120.13
LTM Dividend per Share0.080.080.08
(+) Excess Retained per Share0.110.120.13
(=) Adjusted Dividend0.190.200.21
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate1.82%2.82%3.82%
Fair Value$2.31$2.91$3.61
Upside / Downside108.41%162.26%225.26%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)103.20106.11109.11112.19115.36118.62122.17
Payout Ratio34.43%45.54%56.66%67.77%78.89%90.00%92.50%
Projected Dividends (M)35.5348.3361.8276.0391.00106.75113.01

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate1.82%2.82%3.82%
Year 1 PV (M)43.5143.9444.36
Year 2 PV (M)50.1051.0952.09
Year 3 PV (M)55.4857.1358.81
Year 4 PV (M)59.7762.1664.61
Year 5 PV (M)63.1266.2969.57
PV of Terminal Value (M)954.631,002.431,052.14
Equity Value (M)1,226.611,283.031,341.58
Shares Outstanding (M)444.44444.44444.44
Fair Value$2.76$2.89$3.02
Upside / Downside148.64%160.07%171.94%

High-Yield Dividend Screener

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