Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

COFCO Technology & Industry Co., Ltd. (301058.SZ)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$5.89 - $10.28$7.77
Multi-Stage$10.31 - $11.33$10.81
Blended Fair Value$9.29
Current Price$10.94
Upside-15.09%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS2.37%0.00%0.150.210.150.000.000.130.050.170.000.00
YoY Growth---27.34%36.85%14,590.29%0.00%-100.00%158.28%-69.90%0.00%0.00%0.00%
Dividend Yield--1.37%2.20%0.98%0.01%0.00%0.99%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)236.32
(-) Cash Dividends Paid (M)80.71
(=) Cash Retained (M)155.61
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)47.2629.5417.72
Cash Retained (M)155.61155.61155.61
(-) Cash Required (M)-47.26-29.54-17.72
(=) Excess Retained (M)108.35126.07137.89
(/) Shares Outstanding (M)521.58521.58521.58
(=) Excess Retained per Share0.210.240.26
LTM Dividend per Share0.150.150.15
(+) Excess Retained per Share0.210.240.26
(=) Adjusted Dividend0.360.400.42
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate0.37%1.37%2.37%
Fair Value$5.89$7.77$10.28
Upside / Downside-46.13%-28.99%-6.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)236.32239.54242.82246.14249.50252.91260.49
Payout Ratio34.15%45.32%56.49%67.66%78.83%90.00%92.50%
Projected Dividends (M)80.71108.56137.17166.54196.68227.62240.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate0.37%1.37%2.37%
Year 1 PV (M)100.90101.90102.91
Year 2 PV (M)118.48120.85123.24
Year 3 PV (M)133.68137.71141.83
Year 4 PV (M)146.72152.66158.77
Year 5 PV (M)157.81165.83174.17
PV of Terminal Value (M)4,719.924,959.785,209.30
Equity Value (M)5,377.495,638.735,910.23
Shares Outstanding (M)521.58521.58521.58
Fair Value$10.31$10.81$11.33
Upside / Downside-5.76%-1.18%3.58%

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%