Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tipco Asphalt Public Company Limited (TASCO-R.BK)

Company Dividend Discount ModelIndustry: Construction MaterialsSector: Basic Materials

Valuation Snapshot

Stable Growth$5.58 - $7.74$6.66
Multi-Stage$16.64 - $18.34$17.47
Blended Fair Value$12.07
Current Price$14.60
Upside-17.35%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.40%26.27%0.991.231.041.531.380.690.880.880.680.58
YoY Growth---20.01%19.09%-32.27%10.78%99.91%-21.44%0.41%29.24%17.18%503.67%
Dividend Yield--6.96%7.77%5.29%9.22%6.68%4.02%5.50%5.06%2.63%2.31%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,600.41
(-) Cash Dividends Paid (M)1,422.37
(=) Cash Retained (M)178.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)320.08200.05120.03
Cash Retained (M)178.04178.04178.04
(-) Cash Required (M)-320.08-200.05-120.03
(=) Excess Retained (M)-142.04-22.0158.01
(/) Shares Outstanding (M)1,597.761,597.761,597.76
(=) Excess Retained per Share-0.09-0.010.04
LTM Dividend per Share0.890.890.89
(+) Excess Retained per Share-0.09-0.010.04
(=) Adjusted Dividend0.800.880.93
WACC / Discount Rate6.59%6.59%6.59%
Growth Rate-6.80%-5.80%-4.80%
Fair Value$5.58$6.66$7.74
Upside / Downside-61.80%-54.36%-46.95%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,600.411,507.611,420.181,337.831,260.251,187.171,222.79
Payout Ratio88.88%89.10%89.33%89.55%89.78%90.00%92.50%
Projected Dividends (M)1,422.371,343.281,268.581,198.031,131.391,068.451,131.08

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.59%6.59%6.59%
Growth Rate-6.80%-5.80%-4.80%
Year 1 PV (M)1,246.851,260.231,273.60
Year 2 PV (M)1,092.981,116.561,140.39
Year 3 PV (M)958.09989.261,021.10
Year 4 PV (M)839.84876.47914.29
Year 5 PV (M)736.19776.54818.64
PV of Terminal Value (M)21,705.0422,894.7124,135.99
Equity Value (M)26,578.9827,913.7729,304.01
Shares Outstanding (M)1,597.761,597.761,597.76
Fair Value$16.64$17.47$18.34
Upside / Downside13.94%19.66%25.62%

High-Yield Dividend Screener

« Prev Page 96 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0053.HKGuoco Group Limited1.06%$0.7324.48%
0QRA.LBufab AB (publ)1.06%$1.0533.67%
1478.HKQ Technology (Group) Company Limited1.06%$0.0916.75%
300547.SZSichuan Chuanhuan Technology Co.,Ltd.1.06%$0.4246.91%
3605.TWACES Electronics Co., Ltd.1.06%$0.6716.60%
600862.SSAVIC Aviation High-Technology Co., Ltd.1.06%$0.2533.36%
600895.SSShanghai Zhangjiang Hi-Tech Park Development Co., Ltd.1.06%$0.4766.35%
601989.SSChina Shipbuilding Industry Company Limited1.06%$0.0548.46%
603823.SSLily Group Co., Ltd.1.06%$0.1639.52%
603856.SSShandong Donghong Pipe Industry Co., Ltd.1.06%$0.1321.43%
603909.SSHolsin Engineering Consulting Group Co.,Ltd.1.06%$0.1228.69%
688015.SSTraffic Control Technology Co., Ltd.1.06%$0.2432.90%
SPLTN.STInvestment AB Spiltan1.06%$2.197.20%
002452.SZChanggao Electric Group Co., Ltd.1.05%$0.0919.43%
002632.SZDaoming Optics&Chemical Co.,Ltd1.05%$0.1339.58%
002864.SZShaanxi Panlong Pharmaceutical Group Limited By Share Ltd1.05%$0.3228.23%
006800.KSMirae Asset Securities Co. Ltd.1.05%$257.6512.18%
090430.KSAmorepacific Corporation1.05%$1,336.4358.38%
1230.HKYashili International Holdings Ltd1.05%$0.0130.51%
136490.KSSunjin Co.,Ltd.1.05%$100.043.41%
300543.SZShenzhen Longood Intelligent Electric Co.,LTD1.05%$0.1299.57%
301580.SZAidite Qinhuangdao Technology Co Ltd1.05%$0.4727.41%
484870.KSMNC Solution Co., Ltd.1.05%$1,480.2735.83%
603017.SSARTS Group Co., Ltd1.05%$0.1279.10%
603067.SSHubei Zhenhua Chemical Co.,Ltd.1.05%$0.3031.09%
603358.SSHuada Automotive Technology Corp.,Ltd1.05%$0.5359.33%
603929.SSL&K Engineering (Suzhou) Co.,Ltd.1.05%$1.0033.37%
BRIS.JKPT Bank Syariah Indonesia Tbk1.05%$22.7814.07%
EREGL.ISEregli Demir ve Çelik Fabrikalari T.A.S.1.05%$0.2633.82%
TECKTeck Resources Limited1.05%$0.5119.75%
002957.SZShenzhen Colibri Technologies Co., Ltd.1.04%$0.2242.63%
006280.KSGC Biopharma Corp.1.04%$1,649.8533.43%
0N08.LPanoro Energy ASA1.04%$0.2168.53%
3733.TSoftware Service, Inc.1.04%$140.0111.99%
4307.TNomura Research Institute, Ltd.1.04%$62.8935.46%
600100.SSTsinghua Tongfang Co.,Ltd.1.04%$0.0978.90%
600863.SSInner Mongolia MengDian HuaNeng Thermal Power Corporation Limited1.04%$0.0514.74%
603989.SSHunan Aihua Group Co., Ltd1.04%$0.1731.43%
605118.SSXiamen Leading Optics Co., Ltd.1.04%$0.3146.29%
6720.TWOMajor-Power Technology Co., Ltd.1.04%$1.2720.76%
6808.HKSun Art Retail Group Limited1.04%$0.0242.72%
SSC.BKSermsuk Public Company Limited1.04%$0.5234.17%
000779.SZGansu Engineering Consulting Group Co., Ltd.1.03%$0.0818.98%
0A0H.ILBeijer Ref AB (publ)1.03%$1.3828.57%
103590.KSIljin Electric Co.,Ltd1.03%$600.4233.30%
2614.TWEastern Media International Corporation1.03%$0.2311.71%
2GB.DE2G Energy AG1.03%$0.3715.61%
300888.SZWinner Medical Co., Ltd.1.03%$0.3925.98%
301149.SZShandong Longhua New Material Co., Ltd.1.03%$0.1134.91%
319660.KQPSK Inc.1.03%$400.0014.97%