KCAR dividend yield calculator – KRUNGTHAI CAR RENT AND LEASE PCL Announces 0.3 Cash Dividend
March 24, 2023
Dividends Yield
KRUNGTHAI CAR RENT AND LEASE PCL recently announced a 0.3 cash dividend on March 1, 2023. This dividend is well-timed for investors looking for a dividend stock with consistent payouts. Over the past three years, the company has issued an annual dividend of 0.45 THB, 0.39 THB, and 0.56 THB, corresponding to dividend yields of 5.06%, 4.5%, and 6.4%. The average dividend yield for the period comes out to be 5.32%, indicating that KRUNGTHAI CAR RENT AND LEASE PUBLIC ($SET:KCAR) may be a viable option for dividend seekers.
The ex-dividend date for the dividend is March 20, 2023. Prospective investors should note that potential dividends may be lower in the future due to market conditions.
Stock Price
On Wednesday, KRUNGTHAI CAR RENT AND LEASE Public Co., Ltd. (KTCR) announced the payment of a 0.3 baht cash dividend per share to its shareholders. The announcement saw KTCR’s stock open at THB8.6 and close at THB8.4, a decrease of 1.8% from its previous closing price of 8.6, likely due to the news of the cash dividend.
The amount represents a dividend payout of 3% of the company’s net profit for the year 2021. With this declaration, KTCR has now paid dividends to its shareholders three times in the past four years. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for KCAR. More…
| Total Revenues | Net Income | Net Margin |
| 2.22k | 183.23 | 8.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for KCAR. More…
| Operations | Investing | Financing |
| 666.43 | 107.88 | -731.64 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for KCAR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.6k | 3.27k | 9.32 |
Key Ratios Snapshot
Some of the financial key ratios for KCAR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.1% | 8.1% | 14.0% |
| FCF Margin | ROE | ROA |
| 29.9% | 8.4% | 3.5% |
Analysis – KCAR Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis of KRUNGTHAI CAR RENT AND LEASE PUBLIC’s wellbeing. Our proprietary Valuation Line system calculated the intrinsic value of KRUNGTHAI CAR RENT AND LEASE PUBLIC’s stock to be around THB8.6. Currently, the stock is being traded at THB8.4, suggesting that it is undervalued by 2.6%. This could be a great opportunity for investors who are looking for a fair purchase price for the stock. More…
Peers
Krungthai Car Rent And Lease PCL is one of the leading car rental and leasing companies in Thailand. It offers a wide variety of services including short term and long term leasing, car sharing, and car rental services. Other major competitors of Krungthai Car Rent And Lease PCL include National United Resources Holdings Ltd, Sixt SE, and HyreCar Inc. All these companies offer competitive services in the car rental and leasing industry, providing customers with more choice and opportunities.
– National United Resources Holdings Ltd ($SEHK:00254)
United Resources Holdings Ltd is a diversified conglomerate that mainly focuses on the provision of integrated services and solutions, comprising of a wide range of industries and businesses. The company’s market cap is currently at 354.01M as of 2023, implying that its value is relatively low. On the other hand, its Return on Equity (ROE) is at -158.68%, which indicates that the company isn’t doing well financially. This could be due to a number of factors, such as the company’s current strategy and execution, or a downturn in the market. However, it is important to note that this figure isn’t a long-term indicator of the company’s financial performance and should be taken with a grain of salt.
– Sixt SE ($BER:SIX3)
Sixt SE is a global mobility provider that is focused on providing affordable and flexible transportation solutions, such as cars, trucks, and vans. With a market cap of 4.91B as of 2023, the company has demonstrated a strong financial performance and growth. The company’s Return on Equity of 22.02% indicates that the company is generating greater returns from its investments and is managing its assets efficiently. The company has also been able to outperform its peers in the industry as it has increased its market cap over the years, while also maintaining its profitability levels.
Summary
KRUNGTHAI CAR RENT AND LEASE PUBLIC is a viable dividend stock option for investors. Over the past 3 years, the company has issued an average dividend yield of 5.32%, with yields ranging from 5.06% to 6.4%. This is a good return for investors who are looking for an income stream from their investments. The dividend rate is also consistent, indicating a reliable source of income over time.
