Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Carpenter Tan Holdings Limited (0837.HK)

Company Dividend Discount ModelIndustry: Furnishings, Fixtures & AppliancesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$18.43 - $31.37$24.05
Multi-Stage$18.48 - $20.21$19.33
Blended Fair Value$21.69
Current Price$5.34
Upside306.18%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-4.40%3.64%0.360.230.330.160.250.450.260.230.240.26
YoY Growth--58.23%-31.24%104.05%-35.14%-44.55%76.48%12.63%-5.41%-6.95%2.38%
Dividend Yield--6.63%5.09%10.91%5.70%6.88%8.82%6.31%5.57%7.01%7.10%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)360.27
(-) Cash Dividends Paid (M)90.00
(=) Cash Retained (M)270.27
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)72.0545.0327.02
Cash Retained (M)270.27270.27270.27
(-) Cash Required (M)-72.05-45.03-27.02
(=) Excess Retained (M)198.22225.24243.25
(/) Shares Outstanding (M)248.71248.71248.71
(=) Excess Retained per Share0.800.910.98
LTM Dividend per Share0.360.360.36
(+) Excess Retained per Share0.800.910.98
(=) Adjusted Dividend1.161.271.34
WACC / Discount Rate9.92%9.92%9.92%
Growth Rate3.42%4.42%5.42%
Fair Value$18.43$24.05$31.37
Upside / Downside245.11%350.37%487.41%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)360.27376.17392.79410.13428.24447.15460.57
Payout Ratio24.98%37.98%50.99%63.99%77.00%90.00%92.50%
Projected Dividends (M)90.00142.89200.27262.45329.73402.44426.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.92%9.92%9.92%
Growth Rate3.42%4.42%5.42%
Year 1 PV (M)128.75129.99131.24
Year 2 PV (M)162.60165.76168.95
Year 3 PV (M)192.00197.62203.35
Year 4 PV (M)217.35225.88234.65
Year 5 PV (M)239.02250.81263.05
PV of Terminal Value (M)3,657.273,837.544,024.86
Equity Value (M)4,596.994,807.605,026.11
Shares Outstanding (M)248.71248.71248.71
Fair Value$18.48$19.33$20.21
Upside / Downside246.12%261.98%278.43%

High-Yield Dividend Screener

« Prev Page 107 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
6850.TChino Corporation0.71%$9.969.27%
688059.SSZhuzhou Huarui Precision Cutting Tools Co.,Ltd0.71%$0.5629.25%
688508.SSWuxi Chipown Micro-electronics limited0.71%$0.4326.46%
9638.HKFerretti S.p.A.0.71%$0.2038.33%
CRAB.JKPT Toba Surimi Industries Tbk0.71%$2.0013.13%
NBRNabors Industries Ltd.0.71%$0.402.93%
000429.SZGuangdong Provincial Expressway Development Co., Ltd.0.70%$0.089.82%
001288.SZSichuan Zigong Conveying Machine Group Co., Ltd.0.70%$0.2229.11%
002131.SZLeo Group Co., Ltd.0.70%$0.0452.22%
002676.SZGuangdong Sunwill Precising Plastic Co.,Ltd0.70%$0.0659.42%
012510.KSDouzone Bizon Co., Ltd.0.70%$627.8325.46%
0306.HKKwoon Chung Bus Holdings Limited0.70%$0.025.99%
0596.HKInspur Digital Enterprise Technology Limited0.70%$0.057.15%
0A28.LProsus N.V.0.70%$0.202.47%
2308.TWDelta Electronics, Inc.0.70%$6.9936.39%
248170.KSSempio Foods Company0.70%$199.906.93%
300570.SZT&S Communications Co.,Ltd.0.70%$0.8148.35%
301121.SZChongqing VDL Electronics Co., Ltd.0.70%$0.2871.34%
600436.SSZhangzhou Pientzehuang Pharmaceutical., Ltd0.70%$1.1929.62%
601179.SSChina XD Electric Co., Ltd0.70%$0.0626.97%
603610.SSKeeson Technology Corporation Limited0.70%$0.1330.85%
603861.SSGuangzhou Baiyun Electric Equipment Co., Ltd.0.70%$0.0920.16%
603931.SSHangzhou Greenda Electronic Materials Co., Ltd.0.70%$0.2234.41%
EBG.AXEumundi Group Limited0.70%$0.0111.04%
FIBRAPL14.MXFIBRA Prologis0.70%$0.5310.31%
GENT.OLGentian Diagnostics ASA0.70%$0.4014.62%
GNP.AXGenusPlus Group Limited0.70%$0.0414.64%
000752.SZTibet Development Co., Ltd.0.69%$0.0813.60%
002370.SZZhejiang Yatai Pharmaceutical Co., Ltd.0.69%$0.0527.70%
002720.KSKukje Pharma Co., Ltd.0.69%$30.079.58%
035900.KQJYP Entertainment Corporation0.69%$534.0010.38%
0YQA.LCarel Industries S.p.A.0.69%$0.1728.52%
163730.KQFinger, Inc.0.69%$70.8522.74%
1698.HKTencent Music Entertainment Group0.69%$0.4813.95%
300274.SZSungrow Power Supply Co., Ltd.0.69%$1.1815.76%
300285.SZShandong Sinocera Functional Material Co., Ltd.0.69%$0.1930.63%
300314.SZNingbo David Medical Device Co., Ltd.0.69%$0.0937.64%
300373.SZYangzhou Yangjie Electronic Technology Co., Ltd.0.69%$0.4719.50%
300434.SZSichuan Goldstone Asia Pharmaceutical Inc.0.69%$0.0722.00%
300800.SZLihe Technology (Hunan) Co., Ltd.0.69%$0.0845.90%
5E2.SISeatrium Ltd0.69%$0.0119.15%
600206.SSGrinm Advanced Materials Co., Ltd.0.69%$0.1442.92%
600760.SSAVIC Shenyang Aircraft Company Limited0.69%$0.3937.55%
601838.SSBank of Chengdu Co., Ltd.0.69%$0.113.53%
603038.SSDongguan Huali Industries Co.,Ltd0.69%$0.1185.83%
603790.SSArgus (Shanghai) Textile Chemicals Co.,Ltd.0.69%$0.1345.04%
605488.SSZhejiang Fulai New Material Co.,Ltd.0.69%$0.2449.43%
EYAPS.ATThessaloniki Water Supply & Sewerage Co S.A.0.69%$0.039.65%
SKBNK.ISSekerbank T.A.S.0.69%$0.054.55%
VBNKVersaBank0.69%$0.1011.57%