Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhe Kuang Heavy Industry Co.,Ltd. (300837.SZ)

Company Dividend Discount ModelIndustry: Agricultural - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$23.86 - $77.74$72.86
Multi-Stage$10.60 - $11.57$11.08
Blended Fair Value$41.97
Current Price$25.24
Upside66.27%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162014
DPS186.59%19.09%0.300.280.280.280.000.000.020.030.040.05
YoY Growth--4.25%0.19%0.00%0.00%-100.00%-90.77%-39.72%-34.32%-21.27%3.18%
Dividend Yield--1.39%1.15%0.61%0.72%0.00%0.01%0.07%0.00%0.00%0.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)41.33
(-) Cash Dividends Paid (M)32.59
(=) Cash Retained (M)8.74
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8.275.173.10
Cash Retained (M)8.748.748.74
(-) Cash Required (M)-8.27-5.17-3.10
(=) Excess Retained (M)0.473.575.64
(/) Shares Outstanding (M)105.72105.72105.72
(=) Excess Retained per Share0.000.030.05
LTM Dividend per Share0.310.310.31
(+) Excess Retained per Share0.000.030.05
(=) Adjusted Dividend0.310.340.36
WACC / Discount Rate6.88%6.88%6.88%
Growth Rate5.50%6.50%7.50%
Fair Value$23.86$72.86$77.74
Upside / Downside-5.45%188.65%208.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)41.3344.0146.8749.9253.1656.6258.32
Payout Ratio78.86%81.09%83.32%85.54%87.77%90.00%92.50%
Projected Dividends (M)32.5935.6939.0542.7046.6650.9653.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.88%6.88%6.88%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)33.0833.3933.70
Year 2 PV (M)33.5534.1834.83
Year 3 PV (M)34.0034.9735.97
Year 4 PV (M)34.4335.7637.12
Year 5 PV (M)34.8536.5338.28
PV of Terminal Value (M)950.21996.111,043.76
Equity Value (M)1,120.111,170.951,223.66
Shares Outstanding (M)105.72105.72105.72
Fair Value$10.60$11.08$11.57
Upside / Downside-58.02%-56.12%-54.14%

High-Yield Dividend Screener

Page 1 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ATOM3.SAAtom Empreendimentos e Participações S.A.19.90%$0.5871.92%
3698.HKHuishang Bank Corporation Limited19.56%$0.6428.80%
SVAV.MESollers Public Joint Stock Company19.34%$110.6440.44%
0536.HKTradelink Electronic Commerce Limited19.33%$0.2086.09%
3658.HKNew Hope Service Holdings Limited19.28%$0.3766.51%
0123.HKYuexiu Property Company Limited19.19%$0.7790.88%
0N7I.LCairo Communication S.p.A.19.19%$0.3654.94%
1798.HKChina Datang Corporation Renewable Power Co., Limited19.01%$0.4063.00%
LBS.TOLife & Banc Split Corp.19.00%$2.2540.31%
HMSB.DEH & M Hennes & Mauritz AB (publ)18.98%$3.2647.98%
0608.HKHigh Fashion International Limited18.79%$0.3150.08%
0U8N.LCredicorp Ltd.18.72%$53.8266.14%
CAASChina Automotive Systems, Inc.18.61%$0.8072.30%
KRSB.MEPJSC Krasnoyarskenergosbyt18.38%$4.0782.55%
1127.HKLion Rock Group Limited18.37%$0.2547.23%
HAVAS.ASHavas S.A.18.35%$3.1490.23%
1480.HKYan Tat Group Holdings Limited18.33%$0.2249.33%
NA-PC.TONational Bank of Canada18.32%$4.9348.59%
1412.HKQ P Group Holdings Limited18.24%$0.2973.74%
FVJ.FFortescue Metals Group Limited18.16%$2.2776.64%
YATO.MCAtom Hoteles SOCIMI, S.A.18.06%$2.8568.99%
0327.HKPAX Global Technology Limited17.98%$0.9261.66%
1MO.FHello Group Inc.17.92%$1.0440.52%
PIN.BKPinthong Industrial Park Public Company Limited17.92%$0.7680.79%
1883.HKCITIC Telecom International Holdings Limited17.86%$0.4487.51%
6896.HKGolden Throat Holdings Group Company Limited17.79%$0.5576.14%
VOT.WAVotum S.A.17.65%$8.1559.83%
ALTUR.PAAltur Investissement SCA, SCR17.58%$1.9337.11%
O7F1.FOdfjell SE17.55%$1.7873.02%
2219.HKChaoju Eye Care Holdings Limited17.38%$0.4784.16%
001390.KSKG Chemical Corporation17.24%$884.5197.69%
2360.HKBest Mart 360 Holdings Limited17.23%$0.3582.20%
ALSAS.PAStradim Espace Finances S.A.17.16%$0.8055.65%
9615.SRMufeed Company17.11%$5.3935.54%
LPPF.JKPT Matahari Department Store Tbk17.09%$300.0082.85%
0LNT.LFugro N.V.17.06%$1.5239.50%
0458.HKTristate Holdings Limited17.02%$0.3133.15%
2283.HKTK Group (Holdings) Limited16.99%$0.4372.10%
1263.HKPC Partner Group Limited16.85%$0.9063.10%
2603.TWEvergreen Marine Corporation (Taiwan) Ltd.16.83%$32.4977.53%
ALHRG.PAHerige16.78%$3.6697.55%
TD-PFJ.TOThe Toronto-Dominion Bank NCUM 5Y PFD SR1816.67%$4.3836.07%
S7MB.BESecuritas AB (publ)16.59%$2.2523.09%
1184.HKS.A.S. Dragon Holdings Limited16.56%$0.7552.32%
PBR-APetróleo Brasileiro S.A. - Petrobras16.54%$1.8786.52%
VRLA.PAVerallia S.A.16.47%$3.8397.79%
6668.HKE-Star Commercial Management Company Limited16.42%$0.2372.71%
0098.HKXingfa Aluminium Holdings Limited16.13%$1.1729.94%
ING.AXInghams Group Limited16.09%$0.4179.67%
1234.HKChina Lilang Limited16.04%$0.5466.61%