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

First Capital Securities Co., Ltd. (002797.SZ)

Company Dividend Discount ModelIndustry: Financial - ConglomeratesSector: Financial Services

Valuation Snapshot

Stable Growth$29.36 - $50.24$47.09
Multi-Stage$8.07 - $8.83$8.44
Blended Fair Value$27.76
Current Price$7.83
Upside254.58%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.26%10.95%0.100.130.120.110.110.100.100.100.100.06
YoY Growth---22.69%9.80%1.31%0.51%17.18%1.29%-3.21%-5.04%67.90%78.48%
Dividend Yield--1.32%2.32%1.94%1.95%1.48%1.41%1.18%1.23%0.59%0.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,033.20
(-) Cash Dividends Paid (M)397.87
(=) Cash Retained (M)635.33
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)206.64129.1577.49
Cash Retained (M)635.33635.33635.33
(-) Cash Required (M)-206.64-129.15-77.49
(=) Excess Retained (M)428.69506.18557.84
(/) Shares Outstanding (M)4,089.654,089.654,089.65
(=) Excess Retained per Share0.100.120.14
LTM Dividend per Share0.100.100.10
(+) Excess Retained per Share0.100.120.14
(=) Adjusted Dividend0.200.220.23
WACC / Discount Rate6.23%6.23%6.23%
Growth Rate5.50%6.50%7.50%
Fair Value$29.36$47.09$50.24
Upside / Downside274.91%501.35%541.68%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,033.201,100.361,171.881,248.061,329.181,415.581,458.04
Payout Ratio38.51%48.81%59.11%69.40%79.70%90.00%92.50%
Projected Dividends (M)397.87537.05692.64866.191,059.381,274.021,348.69

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.23%6.23%6.23%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)500.83505.57510.32
Year 2 PV (M)602.35613.83625.41
Year 3 PV (M)702.47722.63743.18
Year 4 PV (M)801.19832.00863.69
Year 5 PV (M)898.52941.92986.98
PV of Terminal Value (M)29,481.6330,905.6032,384.08
Equity Value (M)32,986.9934,521.5636,113.66
Shares Outstanding (M)4,089.654,089.654,089.65
Fair Value$8.07$8.44$8.83
Upside / Downside3.01%7.81%12.78%

High-Yield Dividend Screener

« Prev Page 13 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
CLColgate-Palmolive Company2.88%$2.2462.40%
TCBKTriCo Bancshares2.87%$1.3537.83%
0U6R.LBunge Limited2.86%$3.0531.37%
FBMSThe First Bancshares, Inc.2.86%$0.9739.72%
RILYGB. Riley Financial, Inc. 5.00% Senior Notes due 20262.86%$0.5856.91%
CNSCohen & Steers, Inc.2.85%$1.8156.91%
MRBKMeridian Corporation2.85%$0.4927.85%
AMGNAmgen Inc.2.84%$9.3172.03%
BKHBlack Hills Corporation2.84%$1.9850.60%
GABCGerman American Bancorp, Inc.2.84%$1.1140.35%
HOMBHome Bancshares, Inc.2.84%$0.7934.17%
KOThe Coca-Cola Company2.84%$1.9665.04%
SBFGSB Financial Group, Inc.2.84%$0.6128.02%
TSBKTimberland Bancorp, Inc.2.84%$1.0027.24%
CATYCathay General Bancorp2.83%$1.3831.20%
CWTCalifornia Water Service Group2.83%$1.2253.25%
EBIXEbix, Inc.2.83%$0.0846.85%
CMS-PBConsumers Energy Company2.82%$2.1762.27%
EPRTEssential Properties Realty Trust, Inc.2.82%$0.8570.58%
GPKGraphic Packaging Holding Company2.82%$0.4324.85%
VALSXValue Line Select Growth Fund2.82%$0.8756.29%
CCNECNB Financial Corporation2.81%$0.7235.05%
ORRFOrrstown Financial Services, Inc.2.81%$0.9826.05%
TXNMTXNM Energy, Inc.2.80%$1.6586.75%
STCStewart Information Services Corporation2.79%$1.9554.56%
CVLYCodorus Valley Bancorp, Inc.2.77%$0.6728.98%
KKRSKKR Group Finance Co. IX LLC 4.2.77%$0.497.61%
SHBIShore Bancshares, Inc.2.77%$0.4828.28%
HNNAHennessy Advisors, Inc.2.76%$0.2721.11%
HONEHarborOne Bancorp, Inc.2.76%$0.3351.05%
KMTKennametal Inc.2.76%$0.8065.12%
PNMPNM Resources, Inc.2.76%$1.1257.65%
HWCHancock Whitney Corporation2.75%$1.7731.35%
YOUClear Secure, Inc.2.75%$0.9550.89%
0HE2.LAmeren Corporation2.74%$2.7853.51%
MTDRMatador Resources Company2.74%$1.1918.96%
OFGOFG Bancorp2.74%$1.1225.13%
VLOValero Energy Corporation2.74%$4.5393.65%
YORWThe York Water Company2.73%$0.8762.37%
CCZComcast Holdings Corp.2.72%$1.6326.92%
KKellanova2.72%$2.2762.18%
ADTADT Inc.2.71%$0.2229.95%
AVTAvnet, Inc.2.71%$1.3448.46%
BKUBankUnited, Inc.2.71%$1.2134.19%
CNOBConnectOne Bancorp, Inc.2.71%$0.7148.64%
GBXThe Greenbrier Companies, Inc.2.71%$1.2819.40%
PBHCPathfinder Bancorp, Inc.2.71%$0.3826.39%
TRINTrinity Capital Inc.2.71%$0.4120.50%
RILYNB. Riley Financial, Inc. - 6.502.70%$0.5856.91%
0L5A.LSempra2.69%$2.4172.79%