Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

GRG Banking Equipment Co., Ltd. (002152.SZ)

Company Dividend Discount ModelIndustry: Business Equipment & SuppliesSector: Industrials

Valuation Snapshot

Stable Growth$36.78 - $69.05$64.71
Multi-Stage$11.02 - $12.05$11.53
Blended Fair Value$38.12
Current Price$13.88
Upside174.64%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.78%13.65%0.220.210.160.160.120.120.200.070.090.22
YoY Growth--5.54%31.12%1.11%28.57%1.44%-39.69%197.56%-24.37%-59.67%260.00%
Dividend Yield--1.66%1.72%1.30%1.48%1.07%1.40%2.58%0.94%1.04%2.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)849.13
(-) Cash Dividends Paid (M)553.42
(=) Cash Retained (M)295.71
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)169.83106.1463.68
Cash Retained (M)295.71295.71295.71
(-) Cash Required (M)-169.83-106.14-63.68
(=) Excess Retained (M)125.88189.57232.02
(/) Shares Outstanding (M)2,445.552,445.552,445.55
(=) Excess Retained per Share0.050.080.09
LTM Dividend per Share0.230.230.23
(+) Excess Retained per Share0.050.080.09
(=) Adjusted Dividend0.280.300.32
WACC / Discount Rate6.30%6.30%6.30%
Growth Rate5.50%6.50%7.50%
Fair Value$36.78$64.71$69.05
Upside / Downside164.95%366.22%397.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)849.13904.32963.101,025.701,092.371,163.381,198.28
Payout Ratio65.18%70.14%75.11%80.07%85.04%90.00%92.50%
Projected Dividends (M)553.42634.29723.34821.28928.901,047.041,108.41

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.30%6.30%6.30%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)591.11596.72602.32
Year 2 PV (M)628.21640.18652.26
Year 3 PV (M)664.72683.80703.25
Year 4 PV (M)700.65727.59755.31
Year 5 PV (M)736.00771.54808.45
PV of Terminal Value (M)23,632.6224,774.0825,959.23
Equity Value (M)26,953.3128,193.9129,480.81
Shares Outstanding (M)2,445.552,445.552,445.55
Fair Value$11.02$11.53$12.05
Upside / Downside-20.60%-16.94%-13.15%

High-Yield Dividend Screener

« Prev Page 10 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ESPEspey Mfg. & Electronics Corp.3.53%$1.6554.01%
F-PCFord Motor Company 6% Notes due3.53%$0.7463.45%
TECTPTectonic Financial, Inc.3.53%$0.3879.28%
AMFCXAmerican Funds American Mutual Fund3.52%$2.0690.87%
CRCCalifornia Resources Corporation3.52%$1.6435.94%
FAFFirst American Financial Corporation3.51%$2.1446.13%
GICGlobal Industrial Company3.51%$1.0358.36%
0R0G.LMondelez International, Inc.3.50%$1.8969.92%
DCPDCP Midstream, LP3.50%$1.4634.00%
LWLamb Weston Holdings, Inc.3.50%$1.4870.35%
WSOWatsco, Inc.3.50%$12.1683.88%
0QYY.LHarley-Davidson, Inc.3.49%$0.7217.57%
LKFNLakeland Financial Corporation3.49%$1.9752.13%
TRSTTrustCo Bank Corp NY3.49%$1.4448.14%
OMCOmnicom Group Inc.3.47%$2.8341.26%
PROVProvident Financial Holdings, Inc.3.47%$0.5561.73%
UTLUnitil Corporation3.47%$1.7061.75%
BF-ABrown-Forman Corporation3.45%$0.9152.84%
COFSChoiceOne Financial Services, Inc.3.45%$1.0070.38%
FCBPFirst Choice Bancorp3.45%$1.0034.34%
NXSTNexstar Media Group, Inc.3.45%$7.2042.75%
STBAS&T Bancorp, Inc.3.45%$1.3529.75%
VABKVirginia National Bankshares Corporation3.45%$1.3755.94%
F-PBFord Motor Company 6.20% Notes3.44%$0.7463.45%
0K3B.LThe Mosaic Company3.43%$0.8722.53%
CPFCentral Pacific Financial Corp.3.43%$1.0743.87%
CTBICommunity Trust Bancorp, Inc.3.43%$1.9337.41%
IIINInsteel Industries, Inc.3.43%$1.1153.05%
JJSFJ&J Snack Foods Corp.3.43%$3.1192.62%
TMPTompkins Financial Corporation3.43%$2.4942.22%
ALRSAlerus Financial Corporation3.41%$0.7739.09%
CNXCConcentrix Corporation3.41%$1.4028.16%
FBPFirst BanCorp.3.41%$0.7134.06%
GLOClough Global Opportunities Fund3.41%$0.1915.90%
OPBKOP Bancorp3.41%$0.4830.19%
PHXPHX Minerals Inc.3.39%$0.1581.44%
WHGWestwood Holdings Group, Inc.3.39%$0.6073.76%
SCVLShoe Carnival, Inc.3.38%$0.5928.17%
OGSONE Gas, Inc.3.37%$2.6161.93%
VALUValue Line, Inc.3.36%$1.2555.36%
WTRGEssential Utilities, Inc.3.36%$1.3054.79%
AVNTAvient Corporation3.35%$1.0686.14%
KTBKontoor Brands, Inc.3.35%$2.0653.00%
VCTRVictory Capital Holdings, Inc.3.35%$2.1548.89%
WAFDWaFd, Inc.3.35%$1.0837.44%
PBProsperity Bancshares, Inc.3.34%$2.3241.44%
PFGPrincipal Financial Group, Inc.3.34%$2.9943.04%
EVBNEvans Bancorp, Inc.3.33%$1.3160.97%
NFYSEnphys Acquisition Corp.3.33%$0.3768.70%
KMPRKemper Corporation3.32%$1.3132.45%