Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Simple Mart Retail Co., Ltd. (2945.TW)

Company Dividend Discount ModelIndustry: Grocery StoresSector: Consumer Defensive

Valuation Snapshot

Stable Growth$17.19 - $25.84$21.28
Multi-Stage$34.66 - $38.08$36.33
Blended Fair Value$28.81
Current Price$39.75
Upside-27.53%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS-11.57%0.00%1.190.732.582.410.562.210.000.000.000.00
YoY Growth--64.38%-71.85%6.89%332.01%-74.69%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--3.12%1.61%6.07%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)138.47
(-) Cash Dividends Paid (M)81.00
(=) Cash Retained (M)57.47
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)27.6917.3110.39
Cash Retained (M)57.4757.4757.47
(-) Cash Required (M)-27.69-17.31-10.39
(=) Excess Retained (M)29.7840.1647.09
(/) Shares Outstanding (M)67.8467.8467.84
(=) Excess Retained per Share0.440.590.69
LTM Dividend per Share1.191.191.19
(+) Excess Retained per Share0.440.590.69
(=) Adjusted Dividend1.631.791.89
WACC / Discount Rate7.31%7.31%7.31%
Growth Rate-2.00%-1.00%0.00%
Fair Value$17.19$21.28$25.84
Upside / Downside-56.75%-46.46%-35.00%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)138.47137.09135.72134.36133.01131.68135.64
Payout Ratio58.50%64.80%71.10%77.40%83.70%90.00%92.50%
Projected Dividends (M)81.0088.8396.49103.99111.33118.52125.46

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.31%7.31%7.31%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)81.9482.7883.61
Year 2 PV (M)82.1183.8085.50
Year 3 PV (M)81.6384.1686.74
Year 4 PV (M)80.6283.9687.41
Year 5 PV (M)79.1783.3087.59
PV of Terminal Value (M)1,945.662,046.972,152.46
Equity Value (M)2,351.142,464.962,583.31
Shares Outstanding (M)67.8467.8467.84
Fair Value$34.66$36.33$38.08
Upside / Downside-12.82%-8.59%-4.21%

High-Yield Dividend Screener

« Prev Page 93 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603890.SSSuzhou Chunqiu Electronic Technology Co., Ltd.1.16%$0.1926.66%
688596.SSShanghai GenTech Co., Ltd.1.16%$0.3739.36%
9520.SRShatirah House Restaurant Co.1.16%$0.2872.19%
HKB.SIAMTD IDEA Group1.16%$0.041.49%
LUVE.MILU-VE S.p.A.1.16%$0.4628.39%
M-CHAI.BKMahachai Hospital Public Company Limited1.16%$0.2541.99%
TELTE Connectivity Ltd.1.16%$2.6943.59%
002705.SZGuangdong Xinbao Electrical Appliances Holdings Co., Ltd1.15%$0.1611.95%
2588.HKBOC Aviation Limited1.15%$0.8533.42%
300939.SZShenzhen AV-Display Co., Ltd.1.15%$0.4058.71%
4368.TFuso Chemical Co.,Ltd.1.15%$72.9521.72%
4543.TTerumo Corporation1.15%$26.0729.43%
600338.SSTibet Summit Resources Co.,Ltd.1.15%$0.1735.44%
600763.SSTopchoice Medical Corporation1.15%$0.4639.91%
601600.SSAluminum Corporation of China Limited1.15%$0.1416.77%
603223.SSHengtong Logistics Co., Ltd.1.15%$0.1132.46%
605003.SSZhongWang Fabric Co., Ltd.1.15%$0.4169.19%
7115.TAlpha Purchase Co., Ltd.1.15%$25.8927.00%
FSL.BOFirstsource Solutions Limited1.15%$3.9041.18%
SAP.DESAP SE1.15%$2.3338.73%
TERRA13.MXFibra Terrafina1.15%$0.4614.15%
TTEN3.SATrês Tentos Agroindustrial S/A1.15%$0.1911.01%
001301.SZShijiazhuang Shangtai Technology Co., Ltd.1.14%$0.9826.25%
004370.KSNongshim Co., Ltd.1.14%$4,883.4318.11%
0HA8.LCorporación Financiera Alba, S.A.1.14%$0.9659.26%
0ZPV.LJenoptik AG1.14%$0.3524.94%
2651.TLawson, Inc.1.14%$117.3822.18%
300636.SZJiangxi Synergy Pharmaceutical Co., Ltd.1.14%$0.0938.18%
301181.SZJiangyin Pivot Automotive Products Co., Ltd.1.14%$0.5047.28%
4200.SRAldrees Petroleum and Transport Services Company1.14%$1.5036.84%
600552.SSTriumph Science & Technology Co.,Ltd1.14%$0.1485.31%
601969.SSHainan Mining Co., Ltd.1.14%$0.1457.09%
688314.SSKontour (Xi'an) Medical Technology Co., Ltd.1.14%$0.3834.72%
8466.TWM.J. International Co., Ltd.1.14%$0.2522.59%
8467.TWBonny Worldwide Limited1.14%$2.0215.71%
9936.HKXimei Resources Holding Limited1.14%$0.079.69%
TANLA.BOTanla Platforms Limited1.14%$6.0616.86%
VIT-B.STVitec Software Group AB (publ)1.14%$3.3033.04%
WINE.JKPT HATTEN BALI Tbk1.14%$2.3515.27%
001696.SZChongqing Zongshen Power Machinery Co.,Ltd1.13%$0.2533.93%
002363.SZShandong Longji Machinery Co.,Ltd1.13%$0.1191.74%
095610.KQTES Co., Ltd1.13%$600.1415.66%
098070.KQHantech1.13%$356.9910.94%
206640.KQBoditech Med Inc.1.13%$150.0312.80%
3498.TKasumigaseki Capital Co.,Ltd.1.13%$83.2616.29%
600054.SSHuangshan Tourism Development Co.,Ltd.1.13%$0.1333.02%
600377.SSJiangsu Expressway Company Limited1.13%$0.1414.78%
601677.SSHenan Mingtai Al.Industrial Co.,Ltd.1.13%$0.1712.01%
688589.SSLeaguer (Shenzhen) Microelectronics Corp.1.13%$0.2666.29%
7203.SRElm Company1.13%$8.5030.89%