Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Guangzhou Zhujiang Brewery Co., Ltd (002461.SZ)

Company Dividend Discount ModelIndustry: Beverages - AlcoholicSector: Consumer Defensive

Valuation Snapshot

Stable Growth$17.33 - $84.12$37.20
Multi-Stage$12.78 - $14.00$13.38
Blended Fair Value$25.29
Current Price$10.01
Upside152.65%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.23%23.43%0.130.130.130.130.110.120.050.030.020.02
YoY Growth--0.64%-0.65%-0.19%19.95%-6.71%131.41%67.45%95.35%-8.08%5.66%
Dividend Yield--1.29%1.62%1.37%1.69%1.05%1.68%0.74%0.58%0.23%0.26%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)947.81
(-) Cash Dividends Paid (M)383.99
(=) Cash Retained (M)563.83
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)189.56118.4871.09
Cash Retained (M)563.83563.83563.83
(-) Cash Required (M)-189.56-118.48-71.09
(=) Excess Retained (M)374.26445.35492.74
(/) Shares Outstanding (M)2,213.692,213.692,213.69
(=) Excess Retained per Share0.170.200.22
LTM Dividend per Share0.170.170.17
(+) Excess Retained per Share0.170.200.22
(=) Adjusted Dividend0.340.370.40
WACC / Discount Rate6.25%6.25%6.25%
Growth Rate4.19%5.19%6.19%
Fair Value$17.33$37.20$84.12
Upside / Downside73.13%271.63%740.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)947.81997.041,048.831,103.311,160.611,220.901,257.52
Payout Ratio40.51%50.41%60.31%70.21%80.10%90.00%92.50%
Projected Dividends (M)383.99502.61632.53774.58929.681,098.811,163.21

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.25%6.25%6.25%
Growth Rate4.19%5.19%6.19%
Year 1 PV (M)468.53473.03477.53
Year 2 PV (M)549.66560.26570.97
Year 3 PV (M)627.47645.71664.30
Year 4 PV (M)702.05729.39757.53
Year 5 PV (M)773.51811.35850.65
PV of Terminal Value (M)25,168.4026,399.5827,678.46
Equity Value (M)28,289.6329,619.3230,999.43
Shares Outstanding (M)2,213.692,213.692,213.69
Fair Value$12.78$13.38$14.00
Upside / Downside27.67%33.67%39.90%

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%