Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

NARI Technology Co., Ltd. (600406.SS)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$81.39 - $199.34$186.81
Multi-Stage$29.42 - $32.17$30.77
Blended Fair Value$108.79
Current Price$22.96
Upside373.83%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS20.03%34.95%0.680.330.290.250.180.270.310.320.080.05
YoY Growth--104.79%13.45%16.53%43.25%-35.76%-12.33%-1.13%283.04%59.75%51.61%
Dividend Yield--3.11%1.36%1.30%1.15%0.97%2.39%2.48%3.24%0.88%0.62%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,992.61
(-) Cash Dividends Paid (M)4,526.21
(=) Cash Retained (M)3,466.41
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,598.52999.08599.45
Cash Retained (M)3,466.413,466.413,466.41
(-) Cash Required (M)-1,598.52-999.08-599.45
(=) Excess Retained (M)1,867.892,467.332,866.96
(/) Shares Outstanding (M)7,973.937,973.937,973.93
(=) Excess Retained per Share0.230.310.36
LTM Dividend per Share0.570.570.57
(+) Excess Retained per Share0.230.310.36
(=) Adjusted Dividend0.800.880.93
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate5.50%6.50%7.50%
Fair Value$81.39$186.81$199.34
Upside / Downside254.50%713.64%768.21%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,992.618,512.139,065.429,654.6810,282.2310,950.5711,279.09
Payout Ratio56.63%63.30%69.98%76.65%83.33%90.00%92.50%
Projected Dividends (M)4,526.215,388.516,343.797,400.508,567.779,855.5210,433.16

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)5,010.275,057.775,105.26
Year 2 PV (M)5,484.475,588.935,694.38
Year 3 PV (M)5,948.936,119.706,293.71
Year 4 PV (M)6,403.816,650.096,903.39
Year 5 PV (M)6,849.257,180.077,523.56
PV of Terminal Value (M)204,858.46214,753.20225,026.63
Equity Value (M)234,555.20245,349.76256,546.93
Shares Outstanding (M)7,973.937,973.937,973.93
Fair Value$29.42$30.77$32.17
Upside / Downside28.12%34.01%40.13%

High-Yield Dividend Screener

« Prev Page 13 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PCR.WAPCC Rokita S.A.7.82%$5.0595.33%
TQR.BKTQR Public Company Limited7.82%$0.3990.56%
KGI.BKKGI Securities (Thailand) Public Company Limited7.81%$0.3162.80%
PRDA.JKPT Prodia Widyahusada Tbk7.81%$180.5285.06%
AIMIRT.BKAIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust7.80%$0.8581.01%
AKRA.JKPT AKR Corporindo Tbk7.80%$99.8882.20%
SPREME.BKSupreme Distribution Public Company Limited7.80%$0.1190.62%
AYV.PAAyvens7.79%$0.9171.87%
1378.HKChina Hongqiao Group Limited7.78%$2.6556.89%
NRG.PANRJ Group S.A.7.78%$0.6363.81%
D2O.AXDuxton Water Limited7.77%$0.1250.68%
TVO-R.BKThai Vegetable Oil Public Company Limited7.77%$1.7462.11%
C38U.SICapitaLand Integrated Commercial Trust7.76%$0.1874.73%
002839.SZJiangsu Zhangjiagang Rural Commercial Bank Co., Ltd7.75%$0.3544.09%
0710.HKBOE Varitronix Limited7.75%$0.4239.15%
0951.HKChaowei Power Holdings Limited7.75%$0.1120.52%
1681.HKConsun Pharmaceutical Group Limited7.75%$1.2055.92%
AXA.DEAXA S.A.7.75%$3.1752.74%
RND.AXRand Mining Limited7.75%$0.2057.47%
601881.SSChina Galaxy Securities Co., Ltd.7.74%$1.2298.30%
TA1.DETelekom Austria AG7.74%$0.7679.04%
0746.HKLee & Man Chemical Company Limited7.73%$0.4035.48%
NESN.SWNestlé S.A.7.73%$6.0972.83%
2633.HKJacobson Pharma Corporation Limited7.72%$0.1036.63%
000498.SZShandong Hi-Speed Road and Bridge Group Co., Ltd.7.71%$0.4748.64%
0016.HKSun Hung Kai Properties Limited7.71%$7.4556.97%
0QKE.LVontobel Holding AG7.70%$4.4661.99%
HAEK.DEHaemato AG7.70%$1.6385.37%
2688.HKENN Energy Holdings Limited7.68%$5.3950.36%
ASIMAR.BKAsian Marine Services Public Company Limited7.68%$0.1260.54%
SAMS.PASamse S.A.7.68%$10.2556.16%
SEC.AXSpheria Emerging Companies Limited7.68%$0.2215.84%
UVAN.BKUnivanich Palm Oil Public Company Limited7.68%$1.0063.09%
JCT.BKJack Chia Industries (Thailand) Public Company Limited7.67%$6.4483.85%
KFL.NZKingfish Limited7.67%$0.1038.05%
ALRIB.PARiber S.A.7.65%$0.2771.18%
DXI.AXDexus Industria REIT7.65%$0.2117.56%
NISP.JKPT Bank OCBC NISP Tbk7.65%$106.0049.91%
SCG.AXScentre Group7.65%$0.3291.06%
002572.SZSuofeiya Home Collection Co., Ltd.7.62%$1.0488.29%
035000.KSHS Ad Inc.7.62%$648.8381.78%
JMT-R.BKJMT Network Services Public Company Limited7.62%$0.6769.23%
SQU.DEVinci S.A.7.62%$9.2455.99%
0QP2.LZurich Insurance Group AG7.61%$32.4879.70%
BAMI.MIBanco BPM S.p.A.7.61%$1.0080.93%
600795.SSGD Power Development Co.,Ltd7.60%$0.3892.13%
BTI.AXBailador Technology Investments Limited7.60%$0.0934.83%
SMPC.BKSahamitr Pressure Container Public Company Limited7.60%$0.6757.18%
0O33.LOeneo S.A.7.59%$0.7076.88%
BOREO.HEBoreo Oyj7.59%$1.0882.86%