Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shenzhen WOTE Advanced Materials Co., Ltd (002886.SZ)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$26.66 - $31.41$29.44
Multi-Stage$7.15 - $7.82$7.48
Blended Fair Value$18.46
Current Price$23.28
Upside-20.71%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS9.99%15.85%0.150.160.160.110.090.090.030.030.030.03
YoY Growth---4.61%-4.45%53.62%15.44%-0.42%181.52%8.83%11.27%-11.56%-10.28%
Dividend Yield--0.78%0.88%0.92%0.52%0.61%0.59%0.23%0.25%0.36%0.41%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)41.63
(-) Cash Dividends Paid (M)38.24
(=) Cash Retained (M)3.38
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8.335.203.12
Cash Retained (M)3.383.383.38
(-) Cash Required (M)-8.33-5.20-3.12
(=) Excess Retained (M)-4.94-1.820.26
(/) Shares Outstanding (M)263.53263.53263.53
(=) Excess Retained per Share-0.02-0.010.00
LTM Dividend per Share0.150.150.15
(+) Excess Retained per Share-0.02-0.010.00
(=) Adjusted Dividend0.130.140.15
WACC / Discount Rate5.36%5.36%5.36%
Growth Rate5.50%6.50%7.50%
Fair Value$26.66$29.44$31.41
Upside / Downside14.53%26.46%34.94%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)41.6344.3347.2150.2853.5557.0358.74
Payout Ratio91.87%91.50%91.12%90.75%90.37%90.00%92.50%
Projected Dividends (M)38.2440.5643.0245.6348.4051.3354.34

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.36%5.36%5.36%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)38.1438.5038.86
Year 2 PV (M)38.0338.7639.49
Year 3 PV (M)37.9339.0240.13
Year 4 PV (M)37.8239.2840.77
Year 5 PV (M)37.7239.5441.43
PV of Terminal Value (M)1,693.441,775.241,860.16
Equity Value (M)1,883.091,970.332,060.84
Shares Outstanding (M)263.53263.53263.53
Fair Value$7.15$7.48$7.82
Upside / Downside-69.31%-67.88%-66.41%

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%