Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Tianjin You Fa Steel Pipe Group Stock Co., Ltd. (601686.SS)

Company Dividend Discount ModelIndustry: SteelSector: Basic Materials

Valuation Snapshot

Stable Growth$5.54 - $8.60$6.96
Multi-Stage$12.91 - $14.20$13.54
Blended Fair Value$10.25
Current Price$6.30
Upside62.69%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS31.73%0.00%0.360.150.150.450.220.090.090.110.030.00
YoY Growth--135.41%-0.34%-66.21%108.47%140.00%1.33%-17.03%264.40%0.00%0.00%
Dividend Yield--6.62%2.47%2.47%5.46%1.70%0.49%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)825.84
(-) Cash Dividends Paid (M)463.19
(=) Cash Retained (M)362.65
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)165.17103.2361.94
Cash Retained (M)362.65362.65362.65
(-) Cash Required (M)-165.17-103.23-61.94
(=) Excess Retained (M)197.48259.42300.71
(/) Shares Outstanding (M)1,399.131,399.131,399.13
(=) Excess Retained per Share0.140.190.21
LTM Dividend per Share0.330.330.33
(+) Excess Retained per Share0.140.190.21
(=) Adjusted Dividend0.470.520.55
WACC / Discount Rate6.35%6.35%6.35%
Growth Rate-2.00%-1.00%0.00%
Fair Value$5.54$6.96$8.60
Upside / Downside-12.03%10.43%36.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)825.84817.58809.40801.31793.30785.36808.93
Payout Ratio56.09%62.87%69.65%76.43%83.22%90.00%92.50%
Projected Dividends (M)463.19514.01563.77612.48660.16706.83748.26

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.35%6.35%6.35%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)478.44483.32488.20
Year 2 PV (M)488.44498.46508.58
Year 3 PV (M)493.92509.19524.78
Year 4 PV (M)495.53516.07537.24
Year 5 PV (M)493.84519.56546.33
PV of Terminal Value (M)15,607.3116,420.0217,266.23
Equity Value (M)18,057.4718,946.6119,871.36
Shares Outstanding (M)1,399.131,399.131,399.13
Fair Value$12.91$13.54$14.20
Upside / Downside104.86%114.95%125.44%

High-Yield Dividend Screener

« Prev Page 14 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
FGG.AXFuture Generation Global Limited7.59%$0.1235.11%
WINNER.BKWinner Group Enterprise Public Company Limited7.59%$0.1677.25%
1666.HKTong Ren Tang Technologies Co. Ltd.7.58%$0.3439.83%
ALHOP.PAHopscotch Global PR Group7.58%$1.0034.20%
4305.TWOShih-Kuen Plastics Co., Ltd.7.57%$3.1886.35%
KLEE-B.COBrd. Klee A/S7.57%$284.4657.64%
TACC.BKT.A.C. Consumer Public Company Limited7.56%$0.3986.66%
PCC.BKPrecise Corporation Public Company Limited7.55%$0.2054.85%
2180.HKManpowerGroup Greater China Limited7.54%$0.3930.76%
BASGZ.ISBaskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A.S.7.54%$3.4364.56%
ISAE4.SAISA Energía Brasil S.A.7.54%$2.0345.68%
TRPL4.SACTEEP - Companhia de Transmissão de Energia Elétrica Paulista S.A.7.53%$1.8837.46%
QH-R.BKQuality Houses Public Company Limited7.52%$0.1063.63%
0189.HKDongyue Group Limited7.51%$0.8267.14%
3034.KLHap Seng Consolidated Berhad7.50%$0.2189.85%
9985.HKWEILONG Delicious Global Holdings Ltd7.50%$0.8387.47%
CBQK.QAThe Commercial Bank (P.S.Q.C.)7.50%$0.3248.96%
BMGB4.SABanco BMG S.A.7.49%$0.3767.48%
DJW.AXDjerriwarrh Investments Limited7.49%$0.2378.76%
JSMR.JKPT Jasa Marga (Persero) Tbk7.49%$256.8147.02%
TGMA3.SATegma Gestão Logística S.A.7.49%$2.7365.23%
014440.KSYoungbo Chemical Co., Ltd.7.48%$350.9938.29%
CPW.BKCopperwired Public Company Limited7.48%$0.1585.48%
003080.KSSBSUNGBO Co., Ltd.7.47%$205.009.79%
226320.KSIt'S Hanbul Co., Ltd.7.47%$887.8495.70%
AYGAZ.ISAygaz A.S.7.47%$14.7993.51%
3290.TOne REIT, Inc.7.46%$6,781.0766.29%
TOTL.JKPT Total Bangun Persada Tbk7.46%$75.0067.24%
1497.HKXiamen Yan Palace Bird's Nest Indus7.45%$0.4461.94%
ANIM.MIAnima Holding S.p.A.7.45%$0.4555.56%
DCC-R.BKDynasty Ceramic Public Company Limited7.45%$0.0981.26%
0751.HKSkyworth Group Limited7.44%$0.3953.99%
8957.TTokyu REIT, Inc.7.44%$15,400.2079.77%
2504.TWGoldsun Building Materials Co., Ltd.7.43%$2.8186.16%
KEPL3.SAKepler Weber S.A.7.43%$0.7389.80%
POLY.BKPolynet Public Company Limited7.43%$0.5288.16%
XTB.WAXTB S.A.7.43%$5.4679.70%
TIPH.BKDhipaya Group Holdings Public Company Limited7.42%$1.5476.50%
ALFRE.PAFreelance.com S.A.7.40%$0.1623.60%
RING.OLSpareBank 1 Ringerike Hadeland7.40%$30.8074.39%
SEAOIL.BKSea Oil Public Company Limited7.39%$0.2246.45%
IRC.BKInoue Rubber (Thailand) Public Company Limited7.36%$0.8790.55%
ILM-R.BKIndex Living Mall Public Company Limited7.34%$1.0067.79%
SHIPSeanergy Maritime Holdings Corp.7.34%$0.6791.71%
5009.TWOGloria Material Technology Corp.7.33%$2.3477.68%
9922.HKJiumaojiu International Holdings Limited7.33%$0.1455.41%
8977.THankyu Hanshin REIT, Inc.7.32%$12,179.9195.79%
BAREIT.BKBA Airport Leasehold Real Estate Investment Trust7.32%$0.7589.39%
SIDO.JKPT Industri Jamu dan Farmasi Sido Muncul Tbk7.32%$39.5596.37%
0QQK.LMeier Tobler Group AG7.31%$2.8980.26%