Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

TK Group (Holdings) Limited (2283.HK)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$5.28 - $7.97$6.55
Multi-Stage$7.48 - $8.17$7.82
Blended Fair Value$7.19
Current Price$2.27
Upside216.56%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.50%19.02%0.220.110.110.130.110.190.180.150.110.08
YoY Growth--88.60%0.00%-14.93%21.82%-42.11%5.56%20.64%36.73%37.50%110.52%
Dividend Yield--9.13%8.14%7.26%5.40%4.43%4.90%4.25%2.68%5.21%3.63%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)498.12
(-) Cash Dividends Paid (M)359.14
(=) Cash Retained (M)138.98
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)99.6262.2637.36
Cash Retained (M)138.98138.98138.98
(-) Cash Required (M)-99.62-62.26-37.36
(=) Excess Retained (M)39.3676.72101.62
(/) Shares Outstanding (M)827.79827.79827.79
(=) Excess Retained per Share0.050.090.12
LTM Dividend per Share0.430.430.43
(+) Excess Retained per Share0.050.090.12
(=) Adjusted Dividend0.480.530.56
WACC / Discount Rate9.66%9.66%9.66%
Growth Rate0.50%1.50%2.50%
Fair Value$5.28$6.55$7.97
Upside / Downside132.70%188.56%251.08%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)498.12505.60513.20520.92528.75536.70552.80
Payout Ratio72.10%75.68%79.26%82.84%86.42%90.00%92.50%
Projected Dividends (M)359.14382.64406.76431.53456.94483.03511.34

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.66%9.66%9.66%
Growth Rate0.50%1.50%2.50%
Year 1 PV (M)345.48348.92352.36
Year 2 PV (M)331.61338.24344.94
Year 3 PV (M)317.64327.22336.98
Year 4 PV (M)303.69315.96328.60
Year 5 PV (M)289.86304.57319.87
PV of Terminal Value (M)4,605.794,839.535,082.66
Equity Value (M)6,194.076,474.446,765.41
Shares Outstanding (M)827.79827.79827.79
Fair Value$7.48$7.82$8.17
Upside / Downside229.63%244.55%260.04%

High-Yield Dividend Screener

« Prev Page 122 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
301133.SZGuangzhou Jinzhong Auto Parts Manufacturing Co., Ltd.0.32%$0.1228.93%
600276.SSJiangsu Hengrui Medicine Co., Ltd.0.32%$0.1917.06%
601100.SSJiangsu Hengli Hydraulic Co.,Ltd0.32%$0.3516.93%
603816.SSJason Furniture (Hangzhou) Co.,Ltd.0.32%$0.104.97%
605179.SSZhejiang Yiming Food Co., Ltd.0.32%$0.0770.82%
688131.SSShanghai Haoyuan Chemexpress Co., Ltd.0.32%$0.2316.47%
DIM.PASartorius Stedim Biotech S.A.0.32%$0.6829.80%
DNA3.LDoric Nimrod Air Three Limited0.32%$0.2148.62%
MODIS.BOModi's Navnirman Ltd.0.32%$1.087.55%
NPOF.MEFIZIKA Scientific and Production Association Open Joint-Stock Company0.32%$37.651.90%
000682.SZDongfang Electronics Co., Ltd.0.31%$0.046.56%
000756.SZShandong Xinhua Pharmaceutical Company Limited0.31%$0.058.60%
002041.SZShanDongDenghai Seeds Co.,Ltd0.31%$0.0350.69%
002049.SZUnigroup Guoxin Microelectronics Co., Ltd.0.31%$0.2414.22%
002427.SZZhejiang Unifull Industrial Fibre Co., Ltd.0.31%$0.0274.63%
002708.SZChangzhou Nrb Corporation0.31%$0.0431.28%
003230.KSSamyang Foods Co., Ltd.0.31%$4,000.078.06%
300640.SZProfit Cultural and Creative Group Co., Ltd.0.31%$0.0262.64%
300870.SZShenzhen Honor Electronic Co., Ltd.0.31%$0.6821.73%
301027.SZHualan Group Co., Ltd.0.31%$0.0643.40%
301129.SZRuna Smart Equipment Co., Ltd.0.31%$0.0714.61%
301199.SZMH Robot & Automation Co., Ltd.0.31%$0.0711.34%
4390.TIPS, Inc.0.31%$9.423.92%
600272.SSShanghai Kai Kai Industry Company Limited0.31%$0.0482.76%
600391.SSAecc Aero Science and Technology Co.,Ltd0.31%$0.1285.76%
600678.SSSichuan Golden Summit (group) Joint-Stock Co., Ltd.0.31%$0.0477.10%
600720.SSCCCC Design & Consulting Group Co., Ltd.0.31%$0.023.42%
600829.SSHPGC Renmintongtai Pharmaceutical Corporation0.31%$0.0316.50%
600882.SSShanghai Milkground Food Tech Co., Ltd0.31%$0.0815.81%
603390.SSGuangzhou Tongda Auto Electric Co., Ltd.0.31%$0.0422.22%
603969.SSSilvery Dragon Prestressed Materials Co., Ltd. (Tianjin)0.31%$0.037.78%
6825.TWOQbic Technology Co., Ltd.0.31%$0.123.23%
688025.SSShenzhen JPT Opto-Electronics Co., Ltd.0.31%$0.4417.67%
688103.SSKunshan GuoLi Electronic Technology Co., Ltd.0.31%$0.1928.96%
688686.SSOPT Machine Vision Tech Co., Ltd.0.31%$0.3825.01%
ELMN.SWElma Electronic AG0.31%$4.005.25%
VWSB.DEVestas Wind Systems A/S0.31%$0.077.90%
XPD.LXpediator Plc0.31%$0.1434.38%
000935.SZSichuan Hexie Shuangma Co., Ltd.0.30%$0.0815.90%
002067.SZZhejiang Jingxing Paper Joint Stock Co., Ltd.0.30%$0.0238.84%
002295.SZGuangdong JingYi Metal CO.,Ltd0.30%$0.0481.43%
002475.SZLuxshare Precision Industry Co., Ltd.0.30%$0.178.08%
002495.SZGuangdong Jialong Food Co., Ltd.0.30%$0.0136.82%
002666.SZGuangdong Delian Group Co., Ltd.0.30%$0.0218.17%
062040.KSSanil Electric Co., Ltd.0.30%$419.949.60%
065350.KQShinsung Delta Tech Co.,Ltd.0.30%$168.8037.86%
084370.KQEugene Technology Co.,Ltd.0.30%$253.068.90%
0OPN.LCompagnie de l'Odet0.30%$4.021.39%
180640.KSHanjin Kal0.30%$360.205.54%
300584.SZNanjing Hicin Pharmaceutical Co., Ltd.0.30%$0.1539.82%