Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Changzhou Nrb Corporation (002708.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$22.40 - $26.39$24.73
Multi-Stage$17.15 - $18.82$17.97
Blended Fair Value$21.35
Current Price$13.95
Upside53.06%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS18.64%4.64%0.050.050.040.020.010.020.040.050.040.06
YoY Growth--7.52%29.55%60.77%48.22%-29.18%-46.64%-22.30%24.47%-27.45%78.80%
Dividend Yield--0.38%0.44%0.55%0.41%0.25%0.34%0.40%0.87%0.34%0.39%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)74.42
(-) Cash Dividends Paid (M)23.28
(=) Cash Retained (M)51.14
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)14.889.305.58
Cash Retained (M)51.1451.1451.14
(-) Cash Required (M)-14.88-9.30-5.58
(=) Excess Retained (M)36.2641.8445.56
(/) Shares Outstanding (M)560.80560.80560.80
(=) Excess Retained per Share0.060.070.08
LTM Dividend per Share0.040.040.04
(+) Excess Retained per Share0.060.070.08
(=) Adjusted Dividend0.110.120.12
WACC / Discount Rate-0.11%-0.11%-0.11%
Growth Rate5.50%6.50%7.50%
Fair Value$22.40$24.73$26.39
Upside / Downside60.58%77.30%89.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)74.4279.2684.4189.9095.74101.96105.02
Payout Ratio31.28%43.03%54.77%66.51%78.26%90.00%92.50%
Projected Dividends (M)23.2834.1046.2359.7974.9291.7797.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-0.11%-0.11%-0.11%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)33.8234.1434.46
Year 2 PV (M)45.4746.3447.21
Year 3 PV (M)58.3260.0061.70
Year 4 PV (M)72.4875.2778.13
Year 5 PV (M)88.0492.2996.71
PV of Terminal Value (M)9,320.029,770.1810,237.57
Equity Value (M)9,618.1610,078.2210,555.79
Shares Outstanding (M)560.80560.80560.80
Fair Value$17.15$17.97$18.82
Upside / Downside22.94%28.83%34.93%

High-Yield Dividend Screener

« Prev Page 11 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
THFFFirst Financial Corporation3.32%$1.9831.67%
IRDMIridium Communications Inc.3.31%$0.5949.66%
PDCOPatterson Companies, Inc.3.31%$1.0466.64%
0HRZ.LCoterra Energy Inc.3.30%$0.8840.64%
ACIAlbertsons Companies, Inc.3.30%$0.5733.33%
KDPKeurig Dr Pepper Inc.3.30%$0.9278.89%
SPBSpectrum Brands Holdings, Inc.3.30%$1.9848.25%
0IUX.LGenuine Parts Company3.29%$4.0569.77%
BGBunge Global S.A.3.29%$3.0531.37%
HDGCXThe Hartford Dividend and Growth Fund Class C3.29%$1.0820.58%
PSBDPalmer Square Capital BDC Inc.3.29%$0.4090.32%
LIENChicago Atlantic BDC, Inc.3.28%$0.3423.50%
REXRRexford Industrial Realty, Inc.3.28%$1.2890.14%
CVCYCentral Valley Community Bancorp3.27%$0.5832.80%
F-PDFord Motor Company 6.500% Notes3.27%$0.7463.45%
FSBWFS Bancorp, Inc.3.27%$1.3331.78%
TRNOTerreno Realty Corporation3.27%$1.9362.02%
0I1P.LComerica Incorporated3.26%$2.8252.30%
ALEXAlexander & Baldwin, Inc.3.26%$0.6766.95%
BRXBrixmor Property Group Inc.3.26%$0.8578.30%
AGM-PCFederal Agricultural Mortgage Corporation3.24%$7.8539.89%
HTOH2O America3.24%$1.6052.08%
WECWEC Energy Group, Inc.3.24%$3.4566.21%
XOMExxon Mobil Corporation3.24%$3.9857.54%
SCLStepan Company3.22%$1.5276.82%
HBTHBT Financial, Inc.3.21%$0.8333.20%
KALUKaiser Aluminum Corporation3.21%$3.8670.13%
SMPStandard Motor Products, Inc.3.20%$1.1838.74%
0QZA.LConocoPhillips3.19%$3.0943.65%
PAGPenske Automotive Group, Inc.3.18%$5.0435.22%
CRBGCorebridge Financial, Inc.3.17%$0.9652.57%
EDConsolidated Edison, Inc.3.17%$3.1756.36%
LARKLandmark Bancorp, Inc.3.17%$0.8238.75%
NBPU.LNB Private Equity Partners Limited3.17%$0.6770.20%
PFBCPreferred Bank3.16%$3.0329.67%
HNIHNI Corporation3.15%$1.3444.63%
RBBRBB Bancorp3.15%$0.6443.45%
FGF&G Annuities & Life, Inc.3.14%$0.9428.23%
NBHCNational Bank Holdings Corporation3.14%$1.1937.27%
0KZA.LSM Energy Company3.13%$0.609.44%
CBUCommunity Bank System, Inc.3.13%$1.8246.85%
DTEDTE Energy Company3.13%$4.0887.19%
RNSTRenasant Corporation3.13%$1.1148.14%
BSRRSierra Bancorp3.11%$1.0134.68%
FCFFirst Commonwealth Financial Corporation3.11%$0.5238.19%
PNCThe PNC Financial Services Group, Inc.3.11%$6.5739.89%
PRKPark National Corporation3.11%$4.8044.20%
GEFGreif, Inc.3.10%$2.1212.04%
0QAH.LMerck & Co., Inc.3.09%$3.2542.60%
BANRBanner Corporation3.09%$1.9335.15%