Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

CSSC Offshore & Marine Engineering (Group) Company Limited (600685.SS)

Company Dividend Discount ModelIndustry: Aerospace & DefenseSector: Industrials

Valuation Snapshot

Stable Growth$3.42 - $4.75$4.09
Multi-Stage$6.01 - $6.63$6.31
Blended Fair Value$5.20
Current Price$27.39
Upside-81.02%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-18.30%-17.23%0.100.090.240.250.110.270.300.360.530.35
YoY Growth--10.91%-63.10%-6.10%130.63%-58.92%-12.48%-15.78%-32.08%53.87%-46.15%
Dividend Yield--0.42%0.33%0.97%1.50%0.45%1.89%1.88%1.59%1.59%1.18%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)845.12
(-) Cash Dividends Paid (M)98.20
(=) Cash Retained (M)746.92
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)169.02105.6463.38
Cash Retained (M)746.92746.92746.92
(-) Cash Required (M)-169.02-105.64-63.38
(=) Excess Retained (M)577.90641.28683.54
(/) Shares Outstanding (M)1,413.511,413.511,413.51
(=) Excess Retained per Share0.410.450.48
LTM Dividend per Share0.070.070.07
(+) Excess Retained per Share0.410.450.48
(=) Adjusted Dividend0.480.520.55
WACC / Discount Rate9.05%9.05%9.05%
Growth Rate-4.33%-3.33%-2.33%
Fair Value$3.42$4.09$4.75
Upside / Downside-87.51%-85.09%-82.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)845.12816.99789.79763.49738.07713.50734.91
Payout Ratio11.62%27.30%42.97%58.65%74.32%90.00%92.50%
Projected Dividends (M)98.20223.00339.39447.77548.57642.15679.79

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.05%9.05%9.05%
Growth Rate-4.33%-3.33%-2.33%
Year 1 PV (M)202.38204.49206.61
Year 2 PV (M)279.51285.39291.32
Year 3 PV (M)334.68345.28356.11
Year 4 PV (M)372.09387.90404.20
Year 5 PV (M)395.29416.38438.37
PV of Terminal Value (M)6,915.857,284.937,669.59
Equity Value (M)8,499.808,924.379,366.20
Shares Outstanding (M)1,413.511,413.511,413.51
Fair Value$6.01$6.31$6.63
Upside / Downside-78.05%-76.95%-75.81%

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%