Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Topsports International Holdings Limited (6110.HK)

Company Dividend Discount ModelIndustry: Apparel - RetailSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$5.25 - $8.11$6.57
Multi-Stage$12.22 - $13.44$12.82
Blended Fair Value$9.70
Current Price$3.15
Upside207.84%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202520242023202220212020201920182017
DPS23.16%0.00%0.340.210.430.250.190.120.090.360.260.00
YoY Growth--61.91%-51.16%72.01%31.58%58.34%29.57%-74.10%37.28%0.00%0.00%
Dividend Yield--10.79%4.43%7.11%3.83%1.92%1.49%1.18%4.79%3.18%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,499.00
(-) Cash Dividends Paid (M)2,666.70
(=) Cash Retained (M)832.30
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)699.80437.38262.43
Cash Retained (M)832.30832.30832.30
(-) Cash Required (M)-699.80-437.38-262.43
(=) Excess Retained (M)132.50394.93569.88
(/) Shares Outstanding (M)6,201.226,201.226,201.22
(=) Excess Retained per Share0.020.060.09
LTM Dividend per Share0.430.430.43
(+) Excess Retained per Share0.020.060.09
(=) Adjusted Dividend0.450.490.52
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate-2.00%-1.00%0.00%
Fair Value$5.25$6.57$8.11
Upside / Downside66.51%108.73%157.53%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,499.003,464.013,429.373,395.083,361.133,327.513,427.34
Payout Ratio76.21%78.97%81.73%84.49%87.24%90.00%92.50%
Projected Dividends (M)2,666.702,735.552,802.752,868.342,932.332,994.763,170.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)2,544.222,570.182,596.15
Year 2 PV (M)2,424.412,474.142,524.38
Year 3 PV (M)2,307.612,378.982,451.80
Year 4 PV (M)2,194.102,285.032,378.77
Year 5 PV (M)2,084.092,192.612,305.61
PV of Terminal Value (M)64,247.6667,593.1871,076.64
Equity Value (M)75,802.0879,494.1283,333.33
Shares Outstanding (M)6,201.226,201.226,201.22
Fair Value$12.22$12.82$13.44
Upside / Downside288.06%306.96%326.61%

High-Yield Dividend Screener

« Prev Page 103 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300408.SZChaozhou Three-Circle (Group) Co.,Ltd.0.83%$0.3828.62%
3484.TTenpo Innovation CO.,LTD.0.83%$9.9713.59%
353200.KSDAEDUCK ELECTRONICS Co., Ltd.0.83%$400.2878.17%
357780.KQSoulbrain Co., Ltd.0.83%$2,325.5726.44%
600163.SSZhongmin Energy Co., Ltd.0.83%$0.0414.96%
603297.SSNingbo Yongxin Optics Co.,Ltd0.83%$0.8744.04%
603344.SSCinderson Tech (Suzhou) Co., Ltd.0.83%$0.3131.21%
603755.SSQingdao Richen Foods Co., Ltd.0.83%$0.3040.12%
605123.SSWuxi Paike New Materials Technology Co.,Ltd.0.83%$0.8640.88%
6624.TWOEver-Clear Environmental Eng. Corp.0.83%$0.5443.67%
GYL.OLGyldendal ASA0.83%$3.925.79%
HHGCHHG Capital Corporation0.83%$0.0931.96%
000425.SZXCMG Construction Machinery Co., Ltd.0.82%$0.1016.53%
0522.HKASMPT Limited0.82%$0.6778.47%
300439.SZMedicalsystem Biotechnology Co., Ltd.0.82%$0.0832.74%
300634.SZRichinfo Technology Co., Ltd.0.82%$0.2140.12%
300703.SZCre8 Direct (NingBo) Co., Ltd.0.82%$0.2028.25%
300871.SZHvsen Biotechnology Co., Ltd.0.82%$0.1715.92%
5285.KLSime Darby Plantation Berhad0.82%$0.0511.78%
600038.SSAvicopter Plc0.82%$0.3042.43%
600097.SSShanghai Kaichuang Marine International Co., Ltd.0.82%$0.0921.30%
600584.SSJCET Group Co., Ltd.0.82%$0.3036.16%
600787.SSCMST Development Co.,Ltd.0.82%$0.0521.59%
688510.SSWuxi Hyatech Co.,Ltd.0.82%$0.2251.21%
ALLHB.PALes Hôtels Baverez S.A.0.82%$0.6015.34%
AONAon plc0.82%$2.8322.49%
IAR-B.STIAR Systems Group AB (publ)0.82%$1.4726.71%
000738.SZAecc Aero-Engine Control Co.,Ltd.0.81%$0.1743.46%
000833.SZGuangxi Yuegui Guangye Holdings Co., Ltd.0.81%$0.1625.49%
002889.SZShenzhen Easttop Supply Chain Management Co., Ltd.0.81%$0.1230.64%
002979.SZChina Leadshine Technology Co., Ltd.0.81%$0.3449.51%
300037.SZShenzhen Capchem Technology Co., Ltd.0.81%$0.4232.43%
300444.SZBeijing SOJO Electric Co., Ltd.0.81%$0.0869.59%
300918.SZShandong Nanshan Zhishang Sci-Tech Co.,Ltd.0.81%$0.1541.07%
603022.SSShanghai Xintonglian Packaging Co., Ltd.0.81%$0.0831.63%
603166.SSGUILIN FUDA Co.,Ltd.0.81%$0.1327.96%
688689.SSChangzhou Galaxy Century Microelectronics Co.,Ltd.0.81%$0.2340.07%
688786.SSJiangxi Yuean Advanced Materials Co.,Ltd.0.81%$0.2343.35%
KIJA.JKPT Kawasan Industri Jababeka Tbk0.81%$1.6922.92%
VTRUVitru Limited0.81%$0.074.55%
002156.SZTongfu Microelectronics Co.,Ltd0.80%$0.3046.36%
002950.SZAllmed Medical Products Co., Ltd0.80%$0.0911.97%
003960.KSSajodaerim Corporation0.80%$295.033.88%
0DWV.LcBrain A/S0.80%$0.9015.53%
2536.HKPalasino Holdings Limited0.80%$0.0258.64%
300855.SZJiangsu ToLand Alloy Co.,Ltd0.80%$0.2677.09%
3867.KLMalaysian Pacific Industries Berhad0.80%$0.2528.08%
600635.SSShanghai Dazhong Public Utilities(Group) Co.,Ltd.0.80%$0.0526.60%
603366.SSSolareast Holdings Co., Ltd.0.80%$0.0834.34%
603798.SSQingdao Copton Technology Company Limited0.80%$0.1364.02%