Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Shanghai Chlor-Alkali Chemical Co., Ltd. (600618.SS)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$10.70 - $20.12$14.53
Multi-Stage$9.13 - $9.99$9.55
Blended Fair Value$12.04
Current Price$10.36
Upside16.22%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.88%46.64%0.230.360.400.000.100.120.030.050.060.12
YoY Growth---36.15%-10.00%9,800.21%-95.96%-16.67%242.86%-26.68%-26.19%-46.86%2,333.84%
Dividend Yield--2.32%4.26%4.00%0.03%1.28%1.67%0.37%0.45%0.53%0.85%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)793.57
(-) Cash Dividends Paid (M)20.86
(=) Cash Retained (M)772.70
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)158.7199.2059.52
Cash Retained (M)772.70772.70772.70
(-) Cash Required (M)-158.71-99.20-59.52
(=) Excess Retained (M)613.99673.51713.19
(/) Shares Outstanding (M)1,156.531,156.531,156.53
(=) Excess Retained per Share0.530.580.62
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.530.580.62
(=) Adjusted Dividend0.550.600.63
WACC / Discount Rate9.74%9.74%9.74%
Growth Rate4.39%5.39%6.39%
Fair Value$10.70$14.53$20.12
Upside / Downside3.28%40.23%94.25%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)793.57836.30881.34928.80978.821,031.531,062.48
Payout Ratio2.63%20.10%37.58%55.05%72.53%90.00%92.50%
Projected Dividends (M)20.86168.12331.18511.32709.90928.38982.79

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.74%9.74%9.74%
Growth Rate4.39%5.39%6.39%
Year 1 PV (M)151.75153.20154.65
Year 2 PV (M)269.81275.00280.25
Year 3 PV (M)375.98386.89398.01
Year 4 PV (M)471.16489.47508.32
Year 5 PV (M)556.14583.30611.50
PV of Terminal Value (M)8,734.429,160.899,603.86
Equity Value (M)10,559.2611,048.7611,556.59
Shares Outstanding (M)1,156.531,156.531,156.53
Fair Value$9.13$9.55$9.99
Upside / Downside-11.87%-7.79%-3.55%

High-Yield Dividend Screener

« Prev Page 12 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
SOThe Southern Company3.09%$2.6967.01%
CFRCullen/Frost Bankers, Inc.3.08%$3.9439.68%
CMSCMS Energy Corporation3.08%$2.1762.27%
SJWSJW Group3.08%$1.6052.08%
SNVSynovus Financial Corp.3.08%$1.5427.05%
0HCT.LAlliant Energy Corporation3.07%$1.9962.84%
0M3L.LZions Bancorporation, National Association3.07%$1.7931.01%
IVZInvesco Ltd.3.07%$0.8335.83%
SWXSouthwest Gas Holdings, Inc.3.07%$2.4638.44%
PEGPublic Service Enterprise Group Incorporated3.06%$2.4859.65%
CASSCass Information Systems, Inc.3.05%$1.2452.58%
CIVBCivista Bancshares, Inc.3.05%$0.6725.26%
TXNTexas Instruments Incorporated3.05%$5.4198.14%
CTRECareTrust REIT, Inc.3.04%$1.1089.62%
UCBUnited Community Banks, Inc.3.04%$0.9536.76%
DRIDarden Restaurants, Inc.3.03%$5.6860.69%
HMNHorace Mann Educators Corporation3.02%$1.3634.55%
VGVenture Global, Inc.3.02%$0.2124.09%
HFBLHome Federal Bancorp, Inc. of Louisiana3.01%$0.5435.96%
TOWNTowneBank3.01%$1.0045.24%
GBCIGlacier Bancorp, Inc.3.00%$1.3464.06%
MBWMMercantile Bank Corporation3.00%$1.4327.14%
PPLPPL Corporation3.00%$1.0571.70%
DTSQDT Cloud Star Acquisition Corporation2.99%$0.3287.02%
EBMTEagle Bancorp Montana, Inc.2.99%$0.5833.76%
INDBIndependent Bank Corp.2.99%$2.1935.86%
ESSAESSA Bancorp, Inc.2.98%$0.6139.75%
RDNRadian Group Inc.2.98%$1.0725.60%
0K0X.LMetLife, Inc.2.96%$2.3641.08%
CUBBCustomers Bancorp, Inc 5.375% S2.96%$0.6612.54%
HBBHamilton Beach Brands Holding Company2.96%$0.4720.02%
SDSandRidge Energy, Inc.2.96%$0.4424.38%
STRWStrawberry Fields REIT LLC2.95%$0.3870.76%
INGRIngredion Incorporated2.94%$3.2332.02%
JWNNordstrom, Inc.2.94%$0.7342.03%
PKBKParke Bancorp, Inc.2.94%$0.7125.08%
0JW2.LM&T Bank Corporation2.93%$5.9133.38%
EIGEmployers Holdings, Inc.2.93%$1.2648.48%
MYEMyers Industries, Inc.2.93%$0.5573.41%
RMRegional Management Corp.2.93%$1.1528.16%
HSYThe Hershey Company2.92%$5.3379.75%
STZConstellation Brands, Inc.2.92%$4.1259.24%
AROCArchrock, Inc.2.91%$0.7751.05%
JXNJackson Financial Inc.2.91%$3.1338.19%
OSPNOneSpan Inc.2.91%$0.3623.87%
0LC6.LSysco Corporation2.90%$2.1055.57%
EXEExpand Energy Corporation2.89%$3.1787.89%
PGThe Procter & Gamble Company2.89%$4.0959.50%
RESRPC, Inc.2.89%$0.1672.96%
0M1R.LXcel Energy Inc.2.88%$2.1665.69%