Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ningbo Henghe Precision Industry Co.,Ltd. (300539.SZ)

Company Dividend Discount ModelIndustry: Manufacturing - Metal FabricationSector: Industrials

Valuation Snapshot

Stable Growth$36.91 - $43.49$40.76
Multi-Stage$11.84 - $12.97$12.39
Blended Fair Value$26.57
Current Price$46.68
Upside-43.07%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.49%12.63%0.130.080.130.080.080.090.030.040.020.02
YoY Growth--72.79%-39.89%66.29%-10.31%-2.96%214.79%-25.87%50.64%16.04%-46.43%
Dividend Yield--0.88%0.79%0.97%0.92%1.25%1.27%0.23%0.38%0.11%0.53%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)51.25
(-) Cash Dividends Paid (M)40.35
(=) Cash Retained (M)10.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)10.256.413.84
Cash Retained (M)10.9010.9010.90
(-) Cash Required (M)-10.25-6.41-3.84
(=) Excess Retained (M)0.654.507.06
(/) Shares Outstanding (M)234.36234.36234.36
(=) Excess Retained per Share0.000.020.03
LTM Dividend per Share0.170.170.17
(+) Excess Retained per Share0.000.020.03
(=) Adjusted Dividend0.170.190.20
WACC / Discount Rate4.96%4.96%4.96%
Growth Rate5.50%6.50%7.50%
Fair Value$36.91$40.76$43.49
Upside / Downside-20.92%-12.69%-6.83%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)51.2554.5858.1361.9165.9370.2272.33
Payout Ratio78.72%80.98%83.23%85.49%87.74%90.00%92.50%
Projected Dividends (M)40.3544.2048.3952.9357.8563.2066.90

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.96%4.96%4.96%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)41.7242.1142.51
Year 2 PV (M)43.1043.9244.75
Year 3 PV (M)44.4945.7747.07
Year 4 PV (M)45.9047.6649.48
Year 5 PV (M)47.3249.6051.98
PV of Terminal Value (M)2,551.742,674.992,802.95
Equity Value (M)2,774.262,904.053,038.73
Shares Outstanding (M)234.36234.36234.36
Fair Value$11.84$12.39$12.97
Upside / Downside-74.64%-73.45%-72.22%

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%