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

Cathay Biotech Inc. (688065.SS)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$7.08 - $10.39$8.67
Multi-Stage$10.42 - $11.46$10.93
Blended Fair Value$9.80
Current Price$52.04
Upside-81.17%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS3.02%0.00%0.220.210.320.520.010.190.270.000.000.00
YoY Growth--2.24%-33.41%-39.09%8,672.41%-96.81%-32.15%188,135.24%0.00%0.00%0.00%
Dividend Yield--0.43%0.48%0.51%0.67%0.01%0.17%0.24%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)594.46
(-) Cash Dividends Paid (M)26.51
(=) Cash Retained (M)567.95
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)118.8974.3144.58
Cash Retained (M)567.95567.95567.95
(-) Cash Required (M)-118.89-74.31-44.58
(=) Excess Retained (M)449.05493.64523.36
(/) Shares Outstanding (M)653.86653.86653.86
(=) Excess Retained per Share0.690.750.80
LTM Dividend per Share0.040.040.04
(+) Excess Retained per Share0.690.750.80
(=) Adjusted Dividend0.730.800.84
WACC / Discount Rate9.16%9.16%9.16%
Growth Rate-1.01%-0.01%0.99%
Fair Value$7.08$8.67$10.39
Upside / Downside-86.40%-83.33%-80.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)594.46594.39594.32594.24594.17594.10611.92
Payout Ratio4.46%21.57%38.68%55.78%72.89%90.00%92.50%
Projected Dividends (M)26.51128.20229.86331.49433.10534.69566.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.16%9.16%9.16%
Growth Rate-1.01%-0.01%0.99%
Year 1 PV (M)116.27117.44118.62
Year 2 PV (M)189.07192.91196.78
Year 3 PV (M)247.29254.86262.59
Year 4 PV (M)293.03305.05317.44
Year 5 PV (M)328.09345.00362.60
PV of Terminal Value (M)5,640.115,930.816,233.38
Equity Value (M)6,813.857,146.077,491.41
Shares Outstanding (M)653.86653.86653.86
Fair Value$10.42$10.93$11.46
Upside / Downside-79.98%-79.00%-77.98%

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%