Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Dongfang Electronics Co., Ltd. (000682.SZ)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$95.41 - $112.41$105.34
Multi-Stage$64.25 - $70.53$67.33
Blended Fair Value$86.34
Current Price$12.03
Upside617.67%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS106.03%18.51%0.120.080.060.000.040.000.010.000.000.01
YoY Growth--54.52%22.43%2,217.65%-93.50%1,203.20%-39.24%142.97%-8.24%-61.78%-71.57%
Dividend Yield--1.19%0.81%0.75%0.04%0.87%0.07%0.08%0.05%0.05%0.11%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)757.74
(-) Cash Dividends Paid (M)49.70
(=) Cash Retained (M)708.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)151.5594.7256.83
Cash Retained (M)708.04708.04708.04
(-) Cash Required (M)-151.55-94.72-56.83
(=) Excess Retained (M)556.49613.32651.21
(/) Shares Outstanding (M)1,340.641,340.641,340.64
(=) Excess Retained per Share0.420.460.49
LTM Dividend per Share0.040.040.04
(+) Excess Retained per Share0.420.460.49
(=) Adjusted Dividend0.450.490.52
WACC / Discount Rate2.41%2.41%2.41%
Growth Rate5.50%6.50%7.50%
Fair Value$95.41$105.34$112.41
Upside / Downside693.07%775.64%834.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)757.74806.99859.44915.31974.801,038.161,069.31
Payout Ratio6.56%23.25%39.94%56.62%73.31%90.00%92.50%
Projected Dividends (M)49.70187.60343.22518.28714.65934.35989.11

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.41%2.41%2.41%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)181.46183.18184.90
Year 2 PV (M)321.12327.24333.42
Year 3 PV (M)469.04482.51496.23
Year 4 PV (M)625.58649.64674.39
Year 5 PV (M)791.14829.35869.03
PV of Terminal Value (M)83,750.9387,796.1391,996.15
Equity Value (M)86,139.2890,268.0594,554.11
Shares Outstanding (M)1,340.641,340.641,340.64
Fair Value$64.25$67.33$70.53
Upside / Downside434.10%459.70%486.28%

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%