Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

nForce Secure Public Company Limited (SECURE.BK)

Company Dividend Discount ModelIndustry: Software - InfrastructureSector: Technology

Valuation Snapshot

Stable Growth$8.50 - $12.02$10.24
Multi-Stage$13.24 - $14.49$13.86
Blended Fair Value$12.05
Current Price$12.90
Upside-6.61%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS0.03%0.00%0.650.300.180.350.560.650.620.000.000.00
YoY Growth--116.67%66.67%-49.22%-36.55%-13.91%3.95%0.00%0.00%0.00%0.00%
Dividend Yield--5.70%2.14%1.12%1.24%3.49%4.06%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)134.85
(-) Cash Dividends Paid (M)71.92
(=) Cash Retained (M)62.93
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)26.9716.8610.11
Cash Retained (M)62.9362.9362.93
(-) Cash Required (M)-26.97-16.86-10.11
(=) Excess Retained (M)35.9646.0852.82
(/) Shares Outstanding (M)102.74102.74102.74
(=) Excess Retained per Share0.350.450.51
LTM Dividend per Share0.700.700.70
(+) Excess Retained per Share0.350.450.51
(=) Adjusted Dividend1.051.151.21
WACC / Discount Rate10.14%10.14%10.14%
Growth Rate-1.97%-0.97%0.03%
Fair Value$8.50$10.24$12.02
Upside / Downside-34.09%-20.62%-6.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)134.85133.54132.25130.97129.70128.45132.30
Payout Ratio53.33%60.66%68.00%75.33%82.67%90.00%92.50%
Projected Dividends (M)71.9281.0189.9398.66107.22115.60122.38

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.14%10.14%10.14%
Growth Rate-1.97%-0.97%0.03%
Year 1 PV (M)72.8173.5674.30
Year 2 PV (M)72.6474.1375.64
Year 3 PV (M)71.6373.8576.11
Year 4 PV (M)69.9772.8775.85
Year 5 PV (M)67.8071.3375.00
PV of Terminal Value (M)1,005.471,057.811,112.31
Equity Value (M)1,360.331,423.541,489.21
Shares Outstanding (M)102.74102.74102.74
Fair Value$13.24$13.86$14.49
Upside / Downside2.64%7.41%12.36%

High-Yield Dividend Screener

« Prev Page 98 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
004960.KSHANSHIN Engineering & Construction Co., Ltd.0.99%$100.058.61%
0142.HKFirst Pacific Company Limited0.99%$0.0621.99%
053580.KQWebCash Corporation0.99%$100.0312.70%
603786.SSKEBODA TECHNOLOGY Co., Ltd.0.99%$0.7738.42%
688768.SSAnhui Ronds Science & Technology Incorporated Company0.99%$0.4328.76%
AVAX.ATAvax S.A.0.99%$0.037.13%
BERNER-B.STBerner Industrier AB0.99%$0.9430.06%
EGEEN.ISEge Endüstri ve Ticaret A.S.0.99%$79.8687.03%
EHL.AXEmeco Holdings Limited0.99%$0.015.08%
GOR.AXGold Road Resources Limited0.99%$0.0312.12%
MMXMaverix Metals Inc.0.99%$0.0559.73%
002396.SZFujian Star-net Communication Co., Ltd.0.98%$0.3035.77%
002925.SZXiamen Intretech Inc.0.98%$0.1743.09%
0QQO.LSiegfried Holding AG0.98%$0.7311.31%
1887.TJDC Corporation0.98%$5.2731.58%
300217.SZZhenjiang Dongfang Electric Heating Technology Co.,Ltd0.98%$0.0539.47%
301186.SZNantong Chaoda Equipment Co.,Ltd.0.98%$0.4732.02%
3939.HKWanguo Gold Group Limited0.98%$0.0824.54%
600754.SSShanghai Jin Jiang International Hotels Co., Ltd.0.98%$0.2547.67%
603040.SSHangzhou XZB Tech Co.,Ltd0.98%$0.9047.18%
6325.TTakakita Co., Ltd.0.98%$3.939.53%
6533.TOrchestra Holdings Inc.0.98%$10.9757.68%
688379.SSHangzhou Huaguang Advanced Welding Materials Co., Ltd.0.98%$0.5429.37%
ASBI.JKPT Asuransi Bintang Tbk0.98%$4.146.24%
HRTA.JKPT Hartadinata Abadi Tbk0.98%$21.0013.51%
000880.KSHanwha Corporation0.97%$784.545.80%
002075.SZJiangsu Shagang Co., Ltd.0.97%$0.0642.29%
002802.SZWuxi Honghui New Materials Technology Co., Ltd.0.97%$0.1246.80%
003036.SZZhejiang Taitan Co.,Ltd.0.97%$0.1564.74%
300660.SZJiangsu Leili Motor Co., Ltd0.97%$0.5353.08%
300679.SZElectric Connector Technology Co., Ltd.0.97%$0.4737.04%
5842.TIntegral Corporation0.97%$32.3610.57%
605277.SSXinya Electronic Co., Ltd.0.97%$0.2132.11%
688357.SSLuoyang Jianlong Micro-nano New Material Co., Ltd0.97%$0.3240.56%
688789.SSHangzhou Honghua Digital Technology Stock Company Ltd.0.97%$0.7928.66%
BACHOCOB.MXIndustrias Bachoco, S.A.B. de C.V.0.97%$0.8212.87%
0QLJ.LVillars Holding S.A.0.96%$5.4812.43%
1610.HKCOFCO Joycome Foods Limited0.96%$0.025.81%
2155.HKMorimatsu International Holdings Company Limited0.96%$0.097.40%
300033.SZHithink RoyalFlush Information Network Co., Ltd.0.96%$3.1070.07%
300817.SZZhejiang Sf Oilless Bearing Co.,Ltd.0.96%$0.2069.08%
3267.TPhil Company,Inc.0.96%$10.0316.38%
3324.TWOAuras Technology Co., Ltd.0.96%$9.5842.78%
5601.TWOTaiwan Allied Container Terminal Corp.0.96%$0.3588.75%
601028.SSShandong Yulong Gold Co., Ltd.0.96%$0.1225.84%
603031.SSAnhui Anfu Battery Technology Co., Ltd.0.96%$0.4350.13%
605011.SSHangzhou Cogeneration Group Co., Ltd.0.96%$0.2041.95%
6215.TWAurotek Corporation0.96%$0.9957.18%
6532.TBayCurrent Consulting, Inc.0.96%$62.1326.99%
6781.TWAdvanced Energy Solution Holding Co., Ltd.0.96%$12.4933.60%