Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Nanjing Kangni Mechanical & Electrical Co.,Ltd (603111.SS)

Company Dividend Discount ModelIndustry: RailroadsSector: Industrials

Valuation Snapshot

Stable Growth$8.30 - $18.48$11.99
Multi-Stage$5.85 - $6.40$6.12
Blended Fair Value$9.06
Current Price$7.98
Upside13.48%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS56.92%10.35%0.200.010.010.020.020.020.140.080.070.05
YoY Growth--3,725.45%-48.25%-46.81%-15.79%7.29%-85.25%67.85%25.00%33.33%-31.82%
Dividend Yield--2.93%0.09%0.22%0.37%0.42%0.30%2.65%0.75%0.46%0.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)363.62
(-) Cash Dividends Paid (M)16.09
(=) Cash Retained (M)347.54
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)72.7245.4527.27
Cash Retained (M)347.54347.54347.54
(-) Cash Required (M)-72.72-45.45-27.27
(=) Excess Retained (M)274.81302.08320.26
(/) Shares Outstanding (M)870.28870.28870.28
(=) Excess Retained per Share0.320.350.37
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.320.350.37
(=) Adjusted Dividend0.330.370.39
WACC / Discount Rate9.75%9.75%9.75%
Growth Rate5.50%6.50%7.50%
Fair Value$8.30$11.99$18.48
Upside / Downside4.03%50.23%131.63%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)363.62387.26412.43439.24467.79498.19513.14
Payout Ratio4.42%21.54%38.65%55.77%72.88%90.00%92.50%
Projected Dividends (M)16.0983.41159.42244.96340.95448.37474.65

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.75%9.75%9.75%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)75.2976.0076.72
Year 2 PV (M)129.89132.36134.86
Year 3 PV (M)180.14185.31190.58
Year 4 PV (M)226.32235.02243.97
Year 5 PV (M)268.64281.62295.09
PV of Terminal Value (M)4,214.564,418.124,629.48
Equity Value (M)5,094.835,328.445,570.70
Shares Outstanding (M)870.28870.28870.28
Fair Value$5.85$6.12$6.40
Upside / Downside-26.64%-23.27%-19.79%

High-Yield Dividend Screener

« Prev Page 11 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3719.KLPanasonic Manufacturing Malaysia Berhad8.56%$0.6385.80%
GNG.AXGR Engineering Services Limited8.56%$0.3899.06%
078930.KSGS Holdings Corp.8.55%$4,726.0078.57%
2388.HKBOC Hong Kong (Holdings) Limited8.55%$3.4447.81%
CRTO.PACaisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou Société Coopérative8.54%$9.4831.11%
MARK.JKPT Mark Dynamics Indonesia Tbk8.54%$70.0098.69%
TWEKA.ASTKH Group N.V.8.54%$3.1870.93%
0DTI.LBonheur ASA8.53%$23.2642.29%
1502.HKFinancial Street Property Co., Limited8.52%$0.1758.63%
FOYRK.ATFourlis Holdings S.A.8.52%$0.3765.80%
2491.TValueCommerce Co., Ltd.8.51%$56.6140.75%
6355.TSumitomo Precision Products Co., Ltd.8.51%$310.088.45%
DREIT.BKDusit Thani Freehold and Leasehold Real Estate Investment Trust8.50%$0.4298.66%
6862.HKHaidilao International Holding Ltd.8.49%$1.2276.09%
015890.KSTaekyung Industry.Co., Ltd.8.48%$416.7845.41%
3983.HKChina BlueChemical Ltd.8.48%$0.2140.13%
3292.TAEON REIT Investment Corporation8.45%$11,596.4988.85%
CIEL3.SACielo S.A.8.44%$0.4973.05%
ASGR.JKPT Astra Graphia Tbk8.43%$99.0056.73%
JWW.WAJWW Invest S.A.8.43%$0.2543.64%
3488.TCENTRAL REIT Investment Corporation8.42%$9,789.7772.08%
GUNKUL-R.BKGunkul Engineering Public Company Limited8.42%$0.1678.57%
1333.HKBreton Technology Co. Ltd.8.41%$2.3574.43%
DRM.TODream Unlimited Corp.8.41%$1.6484.81%
ALEXA.PAExacompta Clairefontaine S.A.8.40%$14.2037.48%
RANI3.SAIrani Papel e Embalagem S.A.8.40%$0.7343.32%
SPALI-R.BKSupalai Public Company Limited8.39%$1.4357.89%
5141.KLDayang Enterprise Holdings Bhd8.38%$0.1487.12%
600020.SSHenan Zhongyuan Expressway Company Limited8.37%$0.3678.65%
MASQ.AEMashreqbank PSC8.37%$21.4252.51%
PROX.BRProximus PLC8.37%$0.6033.92%
0R9T.LEquasens S.A.8.36%$3.7571.00%
6212.TWOLi Ming Development Construction Co., Ltd.8.34%$3.4547.85%
SNNP.BKSrinanaporn Marketing Public Company Limited8.33%$0.6192.23%
VLK.ASVan Lanschot Kempen N.V.8.32%$4.4268.64%
600894.SSGuangzhou Guangri Stock Co.,Ltd.8.31%$0.7798.07%
ORC-B.VOrca Energy Group Inc.8.31%$0.2935.79%
ADMF.JKPT Adira Dinamika Multi Finance Tbk8.30%$703.1157.11%
0QPJ.LCembra Money Bank AG8.29%$8.2371.08%
QDT.PAQuadient S.A.8.29%$1.2035.65%
VPK.ASKoninklijke Vopak N.V.8.29%$3.1639.83%
DP4B.DEA.P. Møller - Mærsk A/S8.27%$165.1637.01%
ECP.AXECP Emerging Growth Limited8.27%$0.0924.35%
PHOL.BKPhol Dhanya Public Company Limited8.27%$0.2371.53%
ASDM.JKPT Asuransi Dayin Mitra Tbk8.26%$50.0060.31%
000320.KSNOROO Holdings Co., Ltd.8.25%$1,700.3753.43%
IMCD.ASIMCD N.V.8.25%$6.4669.83%
NELY.JKPT Pelayaran Nelly Dwi Putri Tbk8.25%$38.3052.05%
WGB.AXWAM Global Limited8.25%$0.2014.48%
HM1.AXHearts and Minds Investments Limited8.24%$0.2643.45%