Definitive Analysis
| Stable Growth | $136,220.28 - $160,490.57 | $150,403.16 |
| Multi-Stage | $105,576.34 - $115,849.11 | $110,616.88 |
| Blended Fair Value | $130,510.02 | |
| Current Price | $5,775.00 | |
| Upside | 2,159.91% | |
| Decision | Buy | |
| Metric | 5Y CAGR | 10Y CAGR | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DPS | 19.71% | 9.16% | 518.68 | 649.57 | 281.82 | 131.91 | 183.90 | 211.00 | 189.88 | 167.92 | 167.89 | 215.86 |
| YoY Growth | - | - | -20.15% | 130.49% | 113.65% | -28.27% | -12.84% | 11.12% | 13.08% | 0.01% | -22.22% | 0.00% |
| Dividend Yield | - | - | 10.54% | 12.49% | 4.70% | 2.01% | 3.49% | 5.41% | 2.61% | 2.30% | 1.95% | 2.98% |
| Net Income To Common (M) | 32,670,000.00 |
| (-) Cash Dividends Paid (M) | 16,426,000.00 |
| (=) Cash Retained (M) | 16,244,000.00 |
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| Required Retention Ratio | 20.0% | 12.5% | 7.5% |
| (=) Cash Required (M) | 6,534,000.00 | 4,083,750.00 | 2,450,250.00 |
| Cash Retained (M) | 16,244,000.00 | 16,244,000.00 | 16,244,000.00 |
| (-) Cash Required (M) | -6,534,000.00 | -4,083,750.00 | -2,450,250.00 |
| (=) Excess Retained (M) | 9,710,000.00 | 12,160,250.00 | 13,793,750.00 |
| (/) Shares Outstanding (M) | 40,483.66 | 40,483.66 | 40,483.66 |
| (=) Excess Retained per Share | 239.85 | 300.37 | 340.72 |
| LTM Dividend per Share | 405.74 | 405.74 | 405.74 |
| (+) Excess Retained per Share | 239.85 | 300.37 | 340.72 |
| (=) Adjusted Dividend | 645.59 | 706.12 | 746.47 |
| WACC / Discount Rate | -0.29% | -0.29% | -0.29% |
| Growth Rate | 5.50% | 6.50% | 7.50% |
| Fair Value | $136,220.28 | $150,403.16 | $160,490.57 |
| Upside / Downside | 2,258.79% | 2,504.38% | 2,679.06% |
| Metric | TTM | Dec-27 | Dec-28 | Dec-29 | Dec-30 | Dec-31 | Terminal |
|---|---|---|---|---|---|---|---|
| Net Income (M) | 32,670,000.00 | 34,793,550.00 | 37,055,130.75 | 39,463,714.25 | 42,028,855.67 | 44,760,731.29 | 46,103,553.23 |
| Payout Ratio | 50.28% | 58.22% | 66.17% | 74.11% | 82.06% | 90.00% | 92.50% |
| Projected Dividends (M) | 16,426,000.00 | 20,257,791.00 | 24,518,314.98 | 29,247,117.91 | 34,487,075.34 | 40,284,658.16 | 42,645,786.74 |
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| WACC / Discount Rate | -0.29% | -0.29% | -0.29% |
| Growth Rate | 5.50% | 6.50% | 7.50% |
| Year 1 PV (M) | 20,126,828.56 | 20,317,604.19 | 20,508,379.81 |
| Year 2 PV (M) | 24,202,328.00 | 24,663,314.37 | 25,128,649.66 |
| Year 3 PV (M) | 28,683,547.29 | 29,506,948.85 | 30,345,959.46 |
| Year 4 PV (M) | 33,603,878.86 | 34,896,189.21 | 36,225,419.96 |
| Year 5 PV (M) | 38,999,226.06 | 40,882,903.26 | 42,838,673.22 |
| PV of Terminal Value (M) | 4,128,501,403.40 | 4,327,909,564.91 | 4,534,949,546.12 |
| Equity Value (M) | 4,274,117,212.17 | 4,478,176,524.78 | 4,689,996,628.24 |
| Shares Outstanding (M) | 40,483.66 | 40,483.66 | 40,483.66 |
| Fair Value | $105,576.34 | $110,616.88 | $115,849.11 |
| Upside / Downside | 1,728.16% | 1,815.44% | 1,906.05% |
| Ticker ⇵ | Company ⇵ | Dividend Yield % ▼ | Dividend Per Share ⇵ | Payout Ratio % ⇵ |
|---|---|---|---|---|
| AVIO.MI | Avio S.p.A. | 0.80% | $0.24 | 89.27% |
| DSOL.SG | WisdomTree Solana | 0.80% | $0.12 | 19.79% |
| FLOB.BR | Floridienne S.A. | 0.80% | $5.00 | 25.39% |
| GIGANTE.MX | Grupo Gigante, S. A. B. de C. V. | 0.80% | $0.25 | 12.46% |
| MTC-R.BK | Muangthai Capital Public Company Limited | 0.80% | $0.25 | 8.48% |
| 002606.SZ | Dalian Insulator Group Co., Ltd | 0.79% | $0.07 | 17.61% |
| 014620.KQ | Sung Kwang Bend Co.,Ltd. | 0.79% | $200.02 | 15.66% |
| 017370.KS | Wooshin Systems Co., Ltd. | 0.79% | $49.69 | 2.66% |
| 300701.SZ | Senba Sensing Technology Co.,Ltd. | 0.79% | $0.10 | 45.41% |
| 300847.SZ | HG Technologies Co., Ltd. | 0.79% | $0.14 | 35.02% |
| 301591.SZ | Nanjing Comptech Composites Corp | 0.79% | $0.32 | 37.44% |
| 5306.KL | Farm Fresh Berhad | 0.79% | $0.02 | 33.34% |
| 600339.SS | China Petroleum Engineering Corporation | 0.79% | $0.03 | 28.23% |
| 601086.SS | Gansu Guofang Industry & Trade (Group) Co., Ltd. | 0.79% | $0.08 | 63.39% |
| 603161.SS | Kehua Holdings Co., Ltd. | 0.79% | $0.11 | 22.02% |
| 603606.SS | Ningbo Orient Wires & Cables Co.,Ltd. | 0.79% | $0.47 | 32.61% |
| 605033.SS | Shaanxi Meibang Pharmaceutical Group Co., Ltd. | 0.79% | $0.16 | 72.35% |
| 6463.T | TPR Co., Ltd. | 0.79% | $10.25 | 6.48% |
| DANR.MI | Danieli & C. Officine Meccaniche S.p.A. | 0.79% | $0.29 | 8.39% |
| GILLETTE.BO | Gillette India Limited | 0.79% | $65.00 | 36.90% |
| PAAS | Pan American Silver Corp. | 0.79% | $0.40 | 23.99% |
| PDSL.BO | PDS Limited | 0.79% | $2.92 | 38.22% |
| SNI.OL | Stolt-Nielsen Limited | 0.79% | $2.52 | 35.09% |
| 002334.SZ | Shenzhen INVT Electric Co.,Ltd | 0.78% | $0.07 | 20.17% |
| 004140.KS | Dongbang Transport Logistics Co., Ltd. | 0.78% | $20.03 | 7.69% |
| 011070.KS | LG Innotek Co., Ltd. | 0.78% | $2,091.90 | 17.12% |
| 2276.HK | Shanghai Conant Optical Co., Ltd. | 0.78% | $0.42 | 22.72% |
| 229640.KS | LS Eco Energy Ltd. | 0.78% | $278.88 | 20.95% |
| 300545.SZ | Shenzhen Liande Automation Equipment co.,ltd. | 0.78% | $0.24 | 30.89% |
| 300922.SZ | Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. | 0.78% | $0.18 | 66.08% |
| 301011.SZ | GuangZhou Wahlap Technology Corporation Limited | 0.78% | $0.20 | 37.38% |
| 3659.T | NEXON Co., Ltd. | 0.78% | $29.75 | 21.18% |
| 600360.SS | Jilin Sino-Microelectronics Co., Ltd. | 0.78% | $0.06 | 34.13% |
| 605167.SS | Jiangsu Libert Inc. | 0.78% | $0.13 | 26.15% |
| 6736.T | Sun Corporation | 0.78% | $70.05 | 7.32% |
| 688097.SS | BOZHON Precision Industry Technology Co.,Ltd | 0.78% | $0.29 | 27.43% |
| 688257.SS | Shareate Tools Ltd. | 0.78% | $0.27 | 31.76% |
| 9766.T | Konami Group Corporation | 0.78% | $165.38 | 26.44% |
| BBAR.BA | Banco BBVA Argentina S.A. | 0.78% | $73.37 | 13.95% |
| CUV.AX | Clinuvel Pharmaceuticals Limited | 0.78% | $0.10 | 6.93% |
| NSIS-B.CO | Novozymes A/S | 0.78% | $3.08 | 89.95% |
| R3NK.BE | RENK Group AG | 0.78% | $0.42 | 41.42% |
| VIRP.PA | Virbac S.A. | 0.78% | $2.77 | 8.47% |
| 002078.SZ | Shandong Sunpaper Co., Ltd. | 0.77% | $0.12 | 10.77% |
| 002225.SZ | Puyang Refractories Group Co., Ltd. | 0.77% | $0.04 | 46.81% |
| 030610.KS | Kyobo Securities Co ., Ltd | 0.77% | $72.25 | 6.71% |
| 036200.KQ | UNISEM Co., Ltd. | 0.77% | $80.00 | 20.75% |
| 300863.SZ | Ningbo KBE Electrical Technology Co.,Ltd. | 0.77% | $0.39 | 42.01% |
| 301498.SZ | Gambol Pet Group Co., Ltd. | 0.77% | $0.50 | 30.03% |
| 600577.SS | Tongling Jingda Special Magnet Wire Co., Ltd. | 0.77% | $0.10 | 34.21% |