Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Gem-Year Industrial Co.,Ltd. (601002.SS)

Company Dividend Discount ModelIndustry: Manufacturing - Tools & AccessoriesSector: Industrials

Valuation Snapshot

Stable Growth$1.72 - $2.54$2.11
Multi-Stage$4.49 - $4.95$4.72
Blended Fair Value$3.41
Current Price$5.22
Upside-34.60%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS78.74%-1.57%0.100.100.000.050.000.010.080.000.000.10
YoY Growth---1.89%3,763.69%-94.73%0.00%-100.00%-93.48%2,822.14%26.64%-97.73%-14.73%
Dividend Yield--2.13%2.60%0.06%0.84%0.00%0.09%1.11%0.03%0.02%1.17%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)211.46
(-) Cash Dividends Paid (M)132.87
(=) Cash Retained (M)78.59
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)42.2926.4315.86
Cash Retained (M)78.5978.5978.59
(-) Cash Required (M)-42.29-26.43-15.86
(=) Excess Retained (M)36.3052.1662.73
(/) Shares Outstanding (M)956.86956.86956.86
(=) Excess Retained per Share0.040.050.07
LTM Dividend per Share0.140.140.14
(+) Excess Retained per Share0.040.050.07
(=) Adjusted Dividend0.180.190.20
WACC / Discount Rate6.36%6.36%6.36%
Growth Rate-3.57%-2.57%-1.57%
Fair Value$1.72$2.11$2.54
Upside / Downside-67.10%-59.57%-51.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)211.46206.02200.73195.57190.54185.64191.21
Payout Ratio62.84%68.27%73.70%79.13%84.57%90.00%92.50%
Projected Dividends (M)132.87140.65147.94154.76161.13167.08176.87

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.36%6.36%6.36%
Growth Rate-3.57%-2.57%-1.57%
Year 1 PV (M)130.88132.24133.60
Year 2 PV (M)128.11130.78133.48
Year 3 PV (M)124.72128.64132.64
Year 4 PV (M)120.84125.94131.19
Year 5 PV (M)116.61122.78129.21
PV of Terminal Value (M)3,678.573,873.304,076.20
Equity Value (M)4,299.744,513.684,736.32
Shares Outstanding (M)956.86956.86956.86
Fair Value$4.49$4.72$4.95
Upside / Downside-13.92%-9.63%-5.18%

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%