Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Power Assets Holdings Limited (0006.HK)

Company Dividend Discount ModelIndustry: Independent Power ProducersSector: Utilities

Valuation Snapshot

Stable Growth$110.64 - $240.39$158.41
Multi-Stage$88.60 - $96.32$92.39
Blended Fair Value$125.40
Current Price$50.45
Upside148.57%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.11%0.92%2.822.822.822.822.802.808.8115.312.722.69
YoY Growth--0.02%-0.17%0.00%0.72%0.00%-68.18%-42.44%462.14%1.11%4.67%
Dividend Yield--5.20%6.22%6.61%5.81%6.68%4.92%16.17%23.17%4.74%4.49%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)12,205.00
(-) Cash Dividends Paid (M)12,020.00
(=) Cash Retained (M)185.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,441.001,525.63915.38
Cash Retained (M)185.00185.00185.00
(-) Cash Required (M)-2,441.00-1,525.63-915.38
(=) Excess Retained (M)-2,256.00-1,340.63-730.38
(/) Shares Outstanding (M)2,131.112,131.112,131.11
(=) Excess Retained per Share-1.06-0.63-0.34
LTM Dividend per Share5.645.645.64
(+) Excess Retained per Share-1.06-0.63-0.34
(=) Adjusted Dividend4.585.015.30
WACC / Discount Rate9.87%9.87%9.87%
Growth Rate5.50%6.50%7.50%
Fair Value$110.64$158.41$240.39
Upside / Downside119.30%214.00%376.50%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)12,205.0012,998.3313,843.2214,743.0315,701.3216,721.9117,223.56
Payout Ratio98.48%96.79%95.09%93.39%91.70%90.00%92.50%
Projected Dividends (M)12,020.0012,580.7413,163.5913,769.0614,397.6215,049.7215,931.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.87%9.87%9.87%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)11,343.1611,450.6811,558.19
Year 2 PV (M)10,701.1410,904.9611,110.71
Year 3 PV (M)10,092.2410,381.9510,677.16
Year 4 PV (M)9,514.859,880.7610,257.13
Year 5 PV (M)8,967.429,400.559,850.26
PV of Terminal Value (M)138,201.51144,876.69151,807.35
Equity Value (M)188,820.31196,895.60205,260.80
Shares Outstanding (M)2,131.112,131.112,131.11
Fair Value$88.60$92.39$96.32
Upside / Downside75.62%83.13%90.91%

High-Yield Dividend Screener

« Prev Page 125 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688026.SSGuangzhou Jet Bio-Filtration Co., Ltd.0.26%$0.047.15%
DNA2.LDoric Nimrod Air Two Limited0.26%$0.3849.29%
ELMD3.SAEletromidia S.A.0.26%$0.0810.75%
RAMAries I Acquisition Corporation0.26%$0.032.44%
RCH.LReach plc0.26%$0.1550.77%
002134.SZTianjin Printronics Circuit Corporation0.25%$0.0790.82%
002397.SZHunan Mendale Hometextile Co.,Ltd0.25%$0.0124.35%
002598.SZShandong Zhangqiu Blower Co., Ltd0.25%$0.0326.26%
003026.SZZhejiang MTCN Technology Co.,Ltd.0.25%$0.0822.37%
0179.HKJohnson Electric Holdings Limited0.25%$0.0827.48%
089030.KQTechwing, Inc.0.25%$129.6353.52%
2025.HKRuifeng Power Group Company Limited0.25%$0.0363.69%
214450.KQPharmaResearch Co., Ltd.0.25%$1,064.218.14%
300001.SZQingdao TGOOD Electric Co., Ltd.0.25%$0.075.79%
300657.SZXiaMen HongXin Electron-tech Group Co.,Ltd0.25%$0.0735.33%
300827.SZSineng Electric Co.,Ltd.0.25%$0.0910.08%
301137.SZHIT Welding Industry Co.,Ltd0.25%$0.1243.22%
3784.TVinx Corp.0.25%$5.054.14%
600071.SSPhenix Optical Company Limited0.25%$0.0523.90%
600354.SSGansu Dunhuang Seed Group Co.,Ltd.0.25%$0.0212.13%
600664.SSHarbin Pharmaceutical Group Co., Ltd.0.25%$0.014.79%
CLARA.BOClara Industries Ltd.0.25%$0.1010.93%
CVCG.LCVC Income & Growth Limited0.25%$0.296.15%
FSVFirstService Corporation0.25%$0.378.84%
GWIND.ISGalata Wind Enerji A.S.0.25%$0.063.39%
PEGRO-PREF.STPegroco Invest AB (publ)0.25%$0.2816.49%
TKNO3.SATekno S.A. Industria e Comercio0.25%$0.513.56%
TNSE.MEPJSC Group of Companies TNS energo0.25%$9.230.48%
ULTP.LUltimate Products Plc0.25%$0.1473.00%
000688.SZGuoCheng Mining CO.,LTD0.24%$0.0725.58%
094170.KQDongwoon Anatech Co., Ltd.0.24%$69.4222.40%
300010.SZDoushen (Beijing) Education & Technology Inc.0.24%$0.0230.40%
300376.SZEast Group Co.,Ltd0.24%$0.0246.57%
300602.SZShenzhen FRD Science & Technology Co., Ltd.0.24%$0.0812.58%
300709.SZJiangsu Gian Technology Co., Ltd.0.24%$0.1212.56%
300830.SZJinXianDai Information Industry Co.,Ltd.0.24%$0.0279.01%
301571.SZTeemsun Technology Co Ltd0.24%$0.1412.94%
4666.TPARK24 Co., Ltd.0.24%$5.005.84%
600259.SSRising Nonferrous Metals Share Co.,Ltd.0.24%$0.1343.23%
600685.SSCSSC Offshore & Marine Engineering (Group) Company Limited0.24%$0.0711.62%
603083.SSCIG ShangHai Co., Ltd.0.24%$0.3231.70%
603357.SSAnhui Transport Consulting & Design Institute Co.,Ltd.0.24%$0.022.51%
688123.SSGiantec Semiconductor Corporation0.24%$0.3011.90%
688636.SSChengdu Zhimingda Electronics Co., Ltd.0.24%$0.1015.66%
688766.SSPuya Semiconductor (Shanghai) Co., Ltd.0.24%$0.3135.74%
AGIAlamos Gold Inc.0.24%$0.097.17%
ASLC.JKPT Autopedia Sukses Lestari Tbk0.24%$0.227.12%
ASRM.JKPT Asuransi Ramayana Tbk0.24%$0.788.15%
CLBCore Laboratories N.V.0.24%$0.045.94%
MOEX.MEPublic Joint-Stock Company Moscow Exchange MICEX-RTS0.24%$0.411.49%