Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shanghai Flyco Electrical Appliance Co., Ltd. (603868.SS)

Company Dividend Discount ModelIndustry: Household & Personal ProductsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$30.72 - $125.72$52.68
Multi-Stage$28.84 - $31.60$30.19
Blended Fair Value$41.43
Current Price$35.46
Upside16.84%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS9.01%15.80%2.322.011.011.011.011.511.511.011.010.51
YoY Growth--15.47%100.00%0.00%0.00%-33.33%0.00%50.00%0.00%98.43%-5.40%
Dividend Yield--6.31%4.10%1.22%2.00%2.22%4.22%3.31%1.80%2.13%1.95%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)450.38
(-) Cash Dividends Paid (M)221.34
(=) Cash Retained (M)229.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)90.0856.3033.78
Cash Retained (M)229.04229.04229.04
(-) Cash Required (M)-90.08-56.30-33.78
(=) Excess Retained (M)138.96172.74195.26
(/) Shares Outstanding (M)432.67432.67432.67
(=) Excess Retained per Share0.320.400.45
LTM Dividend per Share0.510.510.51
(+) Excess Retained per Share0.320.400.45
(=) Adjusted Dividend0.830.910.96
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate3.62%4.62%5.62%
Fair Value$30.72$52.68$125.72
Upside / Downside-13.37%48.55%254.54%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)450.38471.17492.93515.70539.51564.43581.36
Payout Ratio49.15%57.32%65.49%73.66%81.83%90.00%92.50%
Projected Dividends (M)221.34270.06322.81379.85441.48507.99537.76

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate3.62%4.62%5.62%
Year 1 PV (M)251.32253.75256.18
Year 2 PV (M)279.57285.00290.47
Year 3 PV (M)306.16315.11324.23
Year 4 PV (M)331.14344.11357.46
Year 5 PV (M)354.60372.04390.17
PV of Terminal Value (M)10,953.3111,492.1612,052.00
Equity Value (M)12,476.1113,062.1713,670.50
Shares Outstanding (M)432.67432.67432.67
Fair Value$28.84$30.19$31.60
Upside / Downside-18.68%-14.86%-10.90%

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%