Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ludan Engineering Co. Ltd (LUDN.TA)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$22.23 - $39.64$29.56
Multi-Stage$34.79 - $38.14$36.43
Blended Fair Value$33.00
Current Price$14.16
Upside133.02%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS86.35%0.00%3.101.030.500.500.130.140.030.000.090.08
YoY Growth--201.24%105.83%0.00%285.93%-6.10%347.89%0.00%-100.00%6.63%0.00%
Dividend Yield--15.29%5.73%3.69%2.95%1.40%3.57%0.48%0.00%0.98%2.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)18.70
(-) Cash Dividends Paid (M)12.11
(=) Cash Retained (M)6.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3.742.341.40
Cash Retained (M)6.606.606.60
(-) Cash Required (M)-3.74-2.34-1.40
(=) Excess Retained (M)2.864.265.19
(/) Shares Outstanding (M)11.5311.5311.53
(=) Excess Retained per Share0.250.370.45
LTM Dividend per Share1.051.051.05
(+) Excess Retained per Share0.250.370.45
(=) Adjusted Dividend1.301.421.50
WACC / Discount Rate6.97%6.97%6.97%
Growth Rate1.06%2.06%3.06%
Fair Value$22.23$29.56$39.64
Upside / Downside56.97%108.75%179.94%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)18.7019.0919.4819.8820.2920.7121.33
Payout Ratio64.73%69.78%74.84%79.89%84.95%90.00%92.50%
Projected Dividends (M)12.1113.3214.5815.8917.2418.6419.73

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.97%6.97%6.97%
Growth Rate1.06%2.06%3.06%
Year 1 PV (M)12.3312.4512.57
Year 2 PV (M)12.4912.7412.99
Year 3 PV (M)12.6012.9813.36
Year 4 PV (M)12.6613.1713.69
Year 5 PV (M)12.6713.3113.98
PV of Terminal Value (M)338.18355.24372.99
Equity Value (M)400.93419.89439.59
Shares Outstanding (M)11.5311.5311.53
Fair Value$34.79$36.43$38.14
Upside / Downside145.67%157.29%169.36%

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%