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

Shenzhen SOFARSOLAR Co Ltd (301658.SZ)

Company Dividend Discount ModelIndustry: SolarSector: Technology

Valuation Snapshot

Stable Growth$2.71 - $3.86$3.28
Multi-Stage$4.22 - $4.63$4.42
Blended Fair Value$3.85
Current Price$35.19
Upside-89.07%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS0.00%0.00%0.040.000.000.000.000.000.000.000.000.00
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.11%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)155.34
(-) Cash Dividends Paid (M)51.73
(=) Cash Retained (M)103.61
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)31.0719.4211.65
Cash Retained (M)103.61103.61103.61
(-) Cash Required (M)-31.07-19.42-11.65
(=) Excess Retained (M)72.5484.1991.96
(/) Shares Outstanding (M)383.63383.63383.63
(=) Excess Retained per Share0.190.220.24
LTM Dividend per Share0.130.130.13
(+) Excess Retained per Share0.190.220.24
(=) Adjusted Dividend0.320.350.37
WACC / Discount Rate9.71%9.71%9.71%
Growth Rate-2.00%-1.00%0.00%
Fair Value$2.71$3.28$3.86
Upside / Downside-92.29%-90.69%-89.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)155.34153.78152.25150.72149.22147.72152.15
Payout Ratio33.30%44.64%55.98%67.32%78.66%90.00%92.50%
Projected Dividends (M)51.7368.6585.23101.47117.37132.95140.74

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.71%9.71%9.71%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)61.9462.5863.21
Year 2 PV (M)69.3970.8172.25
Year 3 PV (M)74.5476.8479.20
Year 4 PV (M)77.8081.0384.35
Year 5 PV (M)79.5283.6687.97
PV of Terminal Value (M)1,254.951,320.301,388.34
Equity Value (M)1,618.141,695.221,775.32
Shares Outstanding (M)383.63383.63383.63
Fair Value$4.22$4.42$4.63
Upside / Downside-88.01%-87.44%-86.85%

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%