Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

BOC Hong Kong (Holdings) Limited (2388.HK)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$73.52 - $115.95$92.93
Multi-Stage$98.07 - $107.33$102.61
Blended Fair Value$97.77
Current Price$34.10
Upside186.72%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.16%5.44%1.711.441.131.241.441.471.301.271.931.12
YoY Growth--19.34%27.17%-9.02%-13.69%-1.98%12.67%3.00%-34.59%72.67%10.89%
Dividend Yield--6.87%6.91%4.25%4.86%6.12%5.43%4.48%3.17%6.97%4.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)76,110.00
(-) Cash Dividends Paid (M)36,391.00
(=) Cash Retained (M)39,719.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)15,222.009,513.755,708.25
Cash Retained (M)39,719.0039,719.0039,719.00
(-) Cash Required (M)-15,222.00-9,513.75-5,708.25
(=) Excess Retained (M)24,497.0030,205.2534,010.75
(/) Shares Outstanding (M)10,572.7810,572.7810,572.78
(=) Excess Retained per Share2.322.863.22
LTM Dividend per Share3.443.443.44
(+) Excess Retained per Share2.322.863.22
(=) Adjusted Dividend5.766.306.66
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate1.16%2.16%3.16%
Fair Value$73.52$92.93$115.95
Upside / Downside115.59%172.52%240.02%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)76,110.0077,752.8779,431.2081,145.7582,897.3284,686.7087,227.30
Payout Ratio47.81%56.25%64.69%73.13%81.56%90.00%92.50%
Projected Dividends (M)36,391.0043,736.7351,382.6259,338.2267,613.3276,218.0380,685.25

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate1.16%2.16%3.16%
Year 1 PV (M)39,702.4540,094.9340,487.41
Year 2 PV (M)42,340.7343,181.9944,031.52
Year 3 PV (M)44,386.1745,715.5647,071.23
Year 4 PV (M)45,910.9747,753.4849,650.89
Year 5 PV (M)46,979.9949,348.4651,811.49
PV of Terminal Value (M)817,590.88858,809.15901,673.30
Equity Value (M)1,036,911.201,084,903.561,134,725.84
Shares Outstanding (M)10,572.7810,572.7810,572.78
Fair Value$98.07$102.61$107.33
Upside / Downside187.61%200.92%214.74%

High-Yield Dividend Screener

« Prev Page 114 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002026.SZShandong Weida Machinery Co., Ltd.0.51%$0.0810.33%
005290.KQDongjin Semichem Co., Ltd.0.51%$201.318.88%
042670.KSHD Hyundai Infracore Co., Ltd.0.51%$69.8029.90%
043150.KQValue Added Technology Co., Ltd.0.51%$100.023.01%
098460.KQKoh Young Technology Inc.0.51%$138.2152.02%
300115.SZShenzhen Everwin Precision Technology Co., Ltd.0.51%$0.2450.31%
300473.SZFuxin Dare Automotive Parts Co., Ltd.0.51%$0.1526.00%
300650.SZTecnon Electronics Co., Ltd.0.51%$0.0833.85%
300722.SZJiangxi Xinyu Guoke Technology Co., Ltd0.51%$0.1880.85%
300930.SZHangzhou Yitong New Material Co., Ltd.0.51%$0.1526.67%
301000.SZShanghai Hajime Advanced Material Technology Co., Ltd.0.51%$0.2033.61%
301012.SZJiangsu Yangdian Science & Technology Co. Ltd.0.51%$0.1451.85%
3387.TCreate Restaurants Holdings Inc.0.51%$3.9930.05%
4050.SRSaudi Automotive Services Company0.51%$0.2938.33%
600506.SSTongyi Carbon Neutral Energy (Xinjiang) Co., Ltd. Class A0.51%$0.1347.25%
601696.SSBOC International (China) Co. Ltd.0.51%$0.0819.18%
603063.SSShenzhen Hopewind Electric Co., Ltd.0.51%$0.1714.73%
603160.SSShenzhen Goodix Technology Co., Ltd.0.51%$0.4122.46%
603300.SSZhejiang Haikong Nanke Huatie Digital Technology Co., Ltd. Class A0.51%$0.0412.23%
603738.SSTKD Science and Technology Co.,Ltd.0.51%$0.0880.55%
688088.SSArcSoft Corporation Limited0.51%$0.2543.82%
CENCOSUD.SNCencosud S.A.0.51%$15.0611.46%
KIN2.DEKinross Gold Corporation0.51%$0.128.34%
MSZ.WAMostostal Zabrze S.A.0.51%$0.035.90%
VCAP.LVector Capital Plc0.51%$0.0573.28%
000534.SZWedge Industrial Co.,Ltd.0.50%$0.1125.25%
000977.SZInspur Electronic Information Industry Co., Ltd.0.50%$0.3319.71%
002400.SZGuangdong Advertising Group Co.,Ltd0.50%$0.0473.00%
002806.SZGuangdong Huafeng New Energy Technology Co.,Ltd.0.50%$0.0619.01%
003043.SZSuzhou Huaya Intelligence Technology Co., Ltd.0.50%$0.2348.11%
042700.KSHANMI Semiconductor Co., Ltd.0.50%$717.1028.27%
0GOX.LPolytec Holding AG0.50%$0.0214.11%
0YAY.LVitrolife AB (publ)0.50%$1.1033.79%
1730.HKLHN Limited0.50%$0.0219.85%
2316.TWWUS Printed Circuit Co., Ltd.0.50%$0.506.30%
300443.SZJinlei Technology Co., Ltd.0.50%$0.1413.60%
600834.SSShanghai Shentong Metro Co.,Ltd.0.50%$0.0456.35%
603928.SSSuzhou Xingye Materials Technology Co.,Ltd.0.50%$0.0826.88%
605376.SSJiangsu Boqian New Materials Stock Co., Ltd.0.50%$0.3255.13%
6641.TNissin Electric Co., Ltd.0.50%$8.497.92%
688169.SSBeijing Roborock Technology Co., Ltd.0.50%$0.7612.76%
688798.SSShanghai Awinic Technology Co.,Ltd.0.50%$0.3824.95%
AMAN.JKPT Makmur Berkah Amanda Tbk0.50%$1.005.46%
ELOS-B.STElos Medtech AB (publ)0.50%$1.0114.74%
EXPL.PAEPC Groupe0.50%$1.044.79%
RHM.DERheinmetall AG0.50%$7.9744.89%
TFPMTriple Flag Precious Metals Corp.0.50%$0.1616.49%
000722.SZHunan Development Group Co.,Ltd0.49%$0.0637.76%
002126.SZZhejiang Yinlun Machinery Co.,Ltd.0.49%$0.1918.19%
002228.SZXiamen Hexing Packaging Printing Co., Ltd.0.49%$0.0224.24%