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 Ace Investment & Development Co., Ltd. (603329.SS)

Company Dividend Discount ModelIndustry: Marine ShippingSector: Industrials

Valuation Snapshot

Stable Growth$13.30 - $41.73$39.11
Multi-Stage$6.24 - $6.82$6.52
Blended Fair Value$22.81
Current Price$11.14
Upside104.79%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.18%2.61%0.300.410.400.230.060.220.260.250.210.26
YoY Growth---25.79%2.41%75.17%291.54%-72.87%-15.94%1.93%22.58%-21.06%10.39%
Dividend Yield--2.93%3.95%3.41%2.28%0.62%2.58%1.90%1.04%1.76%2.23%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)35.88
(-) Cash Dividends Paid (M)28.40
(=) Cash Retained (M)7.49
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7.184.492.69
Cash Retained (M)7.497.497.49
(-) Cash Required (M)-7.18-4.49-2.69
(=) Excess Retained (M)0.313.004.80
(/) Shares Outstanding (M)170.49170.49170.49
(=) Excess Retained per Share0.000.020.03
LTM Dividend per Share0.170.170.17
(+) Excess Retained per Share0.000.020.03
(=) Adjusted Dividend0.170.180.19
WACC / Discount Rate6.51%6.51%6.51%
Growth Rate5.18%6.18%7.18%
Fair Value$13.30$39.11$41.73
Upside / Downside19.37%251.04%274.59%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)35.8838.1040.4542.9545.6048.4249.87
Payout Ratio79.14%81.31%83.48%85.65%87.83%90.00%92.50%
Projected Dividends (M)28.4030.9833.7736.7940.0543.5846.13

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.51%6.51%6.51%
Growth Rate5.18%6.18%7.18%
Year 1 PV (M)28.8129.0829.36
Year 2 PV (M)29.2129.7730.33
Year 3 PV (M)29.6030.4531.32
Year 4 PV (M)29.9731.1232.31
Year 5 PV (M)30.3231.7933.32
PV of Terminal Value (M)915.30959.651,005.70
Equity Value (M)1,063.211,111.871,162.34
Shares Outstanding (M)170.49170.49170.49
Fair Value$6.24$6.52$6.82
Upside / Downside-44.02%-41.46%-38.80%

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%