Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Inner Mongolia First Machinery Group Co.,Ltd. (600967.SS)

Company Dividend Discount ModelIndustry: Aerospace & DefenseSector: Industrials

Valuation Snapshot

Stable Growth$5.81 - $12.40$8.26
Multi-Stage$4.27 - $4.66$4.46
Blended Fair Value$6.36
Current Price$18.77
Upside-66.10%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS56.66%27.99%0.330.240.180.080.070.030.040.050.230.06
YoY Growth--35.34%38.13%109.80%21.19%98.51%-1.77%-24.04%-79.78%266.40%126.12%
Dividend Yield--3.06%3.04%1.84%0.88%0.70%0.38%0.29%0.32%1.52%0.60%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)522.00
(-) Cash Dividends Paid (M)133.04
(=) Cash Retained (M)388.96
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)104.4065.2539.15
Cash Retained (M)388.96388.96388.96
(-) Cash Required (M)-104.40-65.25-39.15
(=) Excess Retained (M)284.56323.71349.81
(/) Shares Outstanding (M)1,701.231,701.231,701.23
(=) Excess Retained per Share0.170.190.21
LTM Dividend per Share0.080.080.08
(+) Excess Retained per Share0.170.190.21
(=) Adjusted Dividend0.250.270.28
WACC / Discount Rate9.96%9.96%9.96%
Growth Rate5.50%6.50%7.50%
Fair Value$5.81$8.26$12.40
Upside / Downside-69.07%-55.98%-33.95%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)522.00555.93592.07630.55671.54715.19736.64
Payout Ratio25.49%38.39%51.29%64.19%77.10%90.00%92.50%
Projected Dividends (M)133.04213.42303.68404.78517.74643.67681.39

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.96%9.96%9.96%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)192.26194.09195.91
Year 2 PV (M)246.46251.16255.89
Year 3 PV (M)295.95304.44313.10
Year 4 PV (M)341.01354.12367.61
Year 5 PV (M)381.93400.38419.53
PV of Terminal Value (M)5,808.396,088.946,380.22
Equity Value (M)7,266.007,593.127,932.27
Shares Outstanding (M)1,701.231,701.231,701.23
Fair Value$4.27$4.46$4.66
Upside / Downside-77.25%-76.22%-75.16%

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%