Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shenghe Resources Holding Co., Ltd (600392.SS)

Company Dividend Discount ModelIndustry: Industrial MaterialsSector: Basic Materials

Valuation Snapshot

Stable Growth$15.82 - $68.63$27.47
Multi-Stage$9.60 - $10.50$10.04
Blended Fair Value$18.75
Current Price$23.05
Upside-18.63%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.23%32.01%0.120.160.170.160.070.140.100.080.020.05
YoY Growth---26.71%-3.70%4.04%148.24%-50.98%28.82%34.29%263.18%-58.11%583.62%
Dividend Yield--1.11%1.64%1.21%0.97%0.38%1.96%0.86%0.60%0.22%0.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)901.93
(-) Cash Dividends Paid (M)107.45
(=) Cash Retained (M)794.48
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)180.39112.7467.64
Cash Retained (M)794.48794.48794.48
(-) Cash Required (M)-180.39-112.74-67.64
(=) Excess Retained (M)614.10681.74726.84
(/) Shares Outstanding (M)1,753.161,753.161,753.16
(=) Excess Retained per Share0.350.390.41
LTM Dividend per Share0.060.060.06
(+) Excess Retained per Share0.350.390.41
(=) Adjusted Dividend0.410.450.48
WACC / Discount Rate8.25%8.25%8.25%
Growth Rate5.50%6.50%7.50%
Fair Value$15.82$27.47$68.63
Upside / Downside-31.39%19.16%197.74%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)901.93960.551,022.991,089.481,160.301,235.721,272.79
Payout Ratio11.91%27.53%43.15%58.77%74.38%90.00%92.50%
Projected Dividends (M)107.45264.44441.40640.24863.061,112.151,177.33

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.25%8.25%8.25%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)242.01244.30246.59
Year 2 PV (M)369.67376.71383.82
Year 3 PV (M)490.71504.79519.15
Year 4 PV (M)605.36628.64652.59
Year 5 PV (M)713.89748.37784.17
PV of Terminal Value (M)14,407.4115,103.2915,825.80
Equity Value (M)16,829.0417,606.1018,412.12
Shares Outstanding (M)1,753.161,753.161,753.16
Fair Value$9.60$10.04$10.50
Upside / Downside-58.35%-56.43%-54.44%

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%