Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

MEGA P&C Advanced Materials (Shanghai) Company Limited (603062.SS)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$45.96 - $106.04$67.18
Multi-Stage$34.92 - $38.02$36.44
Blended Fair Value$51.81
Current Price$55.27
Upside-6.26%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS81.23%0.00%1.901.251.411.280.130.100.000.000.000.00
YoY Growth--52.17%-11.70%10.41%857.82%37.59%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--3.77%2.86%2.43%2.20%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)236.24
(-) Cash Dividends Paid (M)175.46
(=) Cash Retained (M)60.78
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)47.2529.5317.72
Cash Retained (M)60.7860.7860.78
(-) Cash Required (M)-47.25-29.53-17.72
(=) Excess Retained (M)13.5331.2543.06
(/) Shares Outstanding (M)106.15106.15106.15
(=) Excess Retained per Share0.130.290.41
LTM Dividend per Share1.651.651.65
(+) Excess Retained per Share0.130.290.41
(=) Adjusted Dividend1.781.952.06
WACC / Discount Rate9.59%9.59%9.59%
Growth Rate5.50%6.50%7.50%
Fair Value$45.96$67.18$106.04
Upside / Downside-16.85%21.55%91.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)236.24251.60267.95285.37303.92323.67333.38
Payout Ratio74.27%77.42%80.56%83.71%86.85%90.00%92.50%
Projected Dividends (M)175.46194.78215.87238.88263.96291.30308.38

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.59%9.59%9.59%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)176.07177.74179.41
Year 2 PV (M)176.39179.75183.14
Year 3 PV (M)176.44181.51186.67
Year 4 PV (M)176.25183.02190.00
Year 5 PV (M)175.82184.31193.13
PV of Terminal Value (M)2,825.642,962.123,103.82
Equity Value (M)3,706.613,868.454,036.16
Shares Outstanding (M)106.15106.15106.15
Fair Value$34.92$36.44$38.02
Upside / Downside-36.82%-34.07%-31.21%

High-Yield Dividend Screener

« Prev Page 100 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300389.SZShenzhen Absen Optoelectronic Co.,Ltd.0.92%$0.1530.03%
301130.SZJilin Province Xidian Pharmaceutical Sci-Tech Development Co.,Ltd0.92%$0.2651.19%
6168.HKZhou Liu Fu Jewellery Co., Ltd.0.92%$0.2612.52%
A2M.AXThe a2 Milk Company Limited0.92%$0.0818.59%
BSOFT.BOBirlasoft Limited0.92%$3.9624.09%
DFY.TODefinity Financial Corporation0.92%$0.6917.72%
ELTON.ATElton International Trading Company S.A.0.92%$0.0215.29%
PRY.MIPrysmian S.p.A.0.92%$0.8321.11%
SMKL.JKPT Satyamitra Kemas Lestari Tbk0.92%$1.6131.12%
TTTrane Technologies plc0.92%$3.6427.90%
001256.SZZhejiang Weigang Technology Co., Ltd.0.91%$0.2031.52%
002029.SZFujian Septwolves Industry Co., Ltd.0.91%$0.1014.96%
002106.SZShenzhen Laibao Hi-Tech Co., Ltd.0.91%$0.1023.71%
002732.SZGuangdong Yantang Dairy Co., Ltd.0.91%$0.1632.63%
002907.SZChongqing Pharscin Pharmaceutical Co., Ltd.0.91%$0.1475.56%
067830.KSSavezone I&C Corporation0.91%$29.9710.71%
300950.SZDoright Co.,Ltd.0.91%$0.2144.07%
301662.SZOngoal Technology Co., Ltd.0.91%$1.1069.65%
3291.TIida Group Holdings Co., Ltd.0.91%$22.8312.14%
601601.SSChina Pacific Insurance (Group) Co., Ltd.0.91%$0.386.97%
603859.SSNancal Technology Co.,Ltd0.91%$0.3839.03%
605339.SSNamchow Food Group (Shanghai) Co., Ltd.0.91%$0.1894.45%
7504.TKohsoku Corporation0.91%$27.0314.78%
AHLASPEN INSURANCE HOLDINGS LTD0.91%$0.346.83%
EPSIL.ATEpsilon Net S.A.0.91%$0.1116.81%
FCC.MCFomento de Construcciones y Contratas, S.A.0.91%$0.1019.61%
IFX.DEInfineon Technologies AG0.91%$0.3544.87%
MARE.MIMare Engineering Group S.p.A.0.91%$0.0429.31%
000590.KSCS Holdings Co., Ltd.0.90%$684.902.69%
002484.SZNantong Jianghai Capacitor Co. Ltd.0.90%$0.2732.53%
002733.SZShenzhen Center Power Tech. Co., Ltd0.90%$0.1878.92%
014680.KSHansol Chemical Co., Ltd.0.90%$2,160.7515.49%
025820.KSLeeku Industrial Co., Ltd.0.90%$50.4121.46%
2130.HKCN Logistics International Holdings Limited0.90%$0.0330.46%
300617.SZJiangsu Ankura Intelligent Power Co., Ltd.0.90%$0.2939.28%
300643.SZHamaton Automotive Technology Co., Ltd0.90%$0.1824.29%
300725.SZPharmaBlock Sciences (Nanjing), Inc.0.90%$0.3534.81%
300837.SZZhe Kuang Heavy Industry Co.,Ltd.0.90%$0.3178.86%
3318.HKChina Boton Group Company Limited0.90%$0.0218.28%
3476.KLKeck Seng (Malaysia) Berhad0.90%$0.058.85%
3588.TWLeadtrend Technology Corporation0.90%$0.4431.29%
JSPT.JKPT Jakarta Setiabudi Internasional Tbk0.90%$28.0325.39%
MAPI.JKPT. Mitra Adiperkasa Tbk0.90%$10.659.67%
SMBR.JKPT Semen Baturaja (Persero) Tbk0.90%$2.6010.77%
STNStantec Inc.0.90%$0.8722.17%
000159.SZXinjiang International Industry Co.,Ltd0.89%$0.0574.14%
001266.SZShanghai Smart Control Co., Ltd.0.89%$0.3584.46%
002250.SZLianhe Chemical Technology Co., Ltd.0.89%$0.1227.73%
002997.SZRayhoo Motor Dies Co.,Ltd.0.89%$0.3315.36%
003041.SZZhejiang Truelove Vogue Co., Ltd.0.89%$0.4927.94%