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 Inovance Technology Co.,Ltd (300124.SZ)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$325.46 - $383.44$359.34
Multi-Stage$218.81 - $240.15$229.28
Blended Fair Value$294.31
Current Price$83.82
Upside251.12%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS27.44%13.04%0.490.420.330.250.140.150.190.180.150.15
YoY Growth--18.15%25.47%34.23%80.82%-6.58%-23.11%8.08%19.36%1.50%0.68%
Dividend Yield--0.72%0.68%0.47%0.43%0.24%0.85%0.99%0.75%1.01%1.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,185.80
(-) Cash Dividends Paid (M)1,205.49
(=) Cash Retained (M)3,980.30
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,037.16648.22388.93
Cash Retained (M)3,980.303,980.303,980.30
(-) Cash Required (M)-1,037.16-648.22-388.93
(=) Excess Retained (M)2,943.153,332.083,591.37
(/) Shares Outstanding (M)2,689.652,689.652,689.65
(=) Excess Retained per Share1.091.241.34
LTM Dividend per Share0.450.450.45
(+) Excess Retained per Share1.091.241.34
(=) Adjusted Dividend1.541.691.78
WACC / Discount Rate2.51%2.51%2.51%
Growth Rate5.50%6.50%7.50%
Fair Value$325.46$359.34$383.44
Upside / Downside288.28%328.71%357.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,185.805,522.875,881.866,264.186,671.357,104.997,318.14
Payout Ratio23.25%36.60%49.95%63.30%76.65%90.00%92.50%
Projected Dividends (M)1,205.492,021.202,937.853,965.135,113.546,394.496,769.28

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.51%2.51%2.51%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,953.161,971.671,990.19
Year 2 PV (M)2,743.402,795.652,848.40
Year 3 PV (M)3,578.043,680.763,785.42
Year 4 PV (M)4,459.024,630.504,806.89
Year 5 PV (M)5,388.325,648.585,918.80
PV of Terminal Value (M)570,414.02597,965.23626,570.89
Equity Value (M)588,535.97616,692.40645,920.58
Shares Outstanding (M)2,689.652,689.652,689.65
Fair Value$218.81$229.28$240.15
Upside / Downside161.05%173.54%186.51%

High-Yield Dividend Screener

« Prev Page 14 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
UVSPUnivest Financial Corporation2.69%$0.8728.95%
VBTXVeritex Holdings, Inc.2.69%$0.8138.53%
CBTCabot Corporation2.68%$1.8029.00%
PKOHPark-Ohio Holdings Corp.2.68%$0.5633.19%
WINAWinmark Corporation2.68%$10.7696.24%
CHCOCity Holding Company2.67%$3.2036.27%
IDAIDACORP, Inc.2.67%$3.4058.98%
LFVNLifeVantage Corporation2.67%$0.1618.67%
MMM3M Company2.67%$4.3168.77%
MSEXMiddlesex Water Company2.67%$1.3456.69%
ONBOld National Bancorp2.67%$0.6035.48%
0HQU.LCF Industries Holdings, Inc.2.66%$2.0724.22%
MGYMagnolia Oil & Gas Corporation2.66%$0.6032.28%
PEBKPeoples Bancorp of North Carolina, Inc.2.66%$0.9530.99%
GSBCGreat Southern Bancorp, Inc.2.65%$1.6326.64%
HDThe Home Depot, Inc.2.65%$9.1562.39%
MVBFMVB Financial Corp.2.65%$0.6827.31%
PPGPPG Industries, Inc.2.65%$2.7662.85%
TWMIXAmerican Century Emerging Markets Investor Class2.64%$0.4076.80%
0M2A.LAdeia Inc.2.63%$0.3553.29%
ALLYAlly Financial Inc.2.63%$1.2059.56%
FRAFFranklin Financial Services Corporation2.63%$1.2836.88%
LEALear Corporation2.63%$3.1237.81%
VHIValhi, Inc.2.63%$0.3249.46%
FHIFederated Hermes, Inc.2.62%$1.3727.23%
MKCMcCormick & Company, Incorporated2.62%$1.7661.04%
SLBSLB N.V.2.62%$1.0542.94%
BAHBooz Allen Hamilton Holding Corporation2.61%$2.2233.15%
GILDGilead Sciences, Inc.2.61%$3.1849.10%
AWRAmerican States Water Company2.60%$1.8855.89%
CBANColony Bankcorp, Inc.2.59%$0.4628.75%
MDUMDU Resources Group, Inc.2.59%$0.5162.41%
PLBCPlumas Bancorp2.59%$1.1427.38%
CRD-ACrawford & Company2.58%$0.2843.18%
WBSWebster Financial Corporation2.57%$1.6429.21%
FANGDiamondback Energy, Inc.2.56%$3.9026.98%
JEFJefferies Financial Group Inc.2.56%$1.6349.77%
UNHUnitedHealth Group Incorporated2.56%$8.6044.61%
DOXAmdocs Limited2.55%$2.0439.68%
DVNDevon Energy Corporation2.55%$0.9622.55%
TGNATEGNA Inc.2.55%$0.4923.26%
CFFIC&F Financial Corporation2.54%$1.8022.24%
MTHMeritage Homes Corporation2.54%$1.6821.92%
DTMDT Midstream, Inc.2.52%$3.0477.42%
LEVILevi Strauss & Co.2.52%$0.5234.78%
NFGNational Fuel Gas Company2.52%$2.0736.34%
AMNBAmerican National Bankshares Inc.2.51%$1.2048.76%
HIMYXPioneer High Income Municipal Fund Class Y2.51%$0.1481.31%
ACNBACNB Corporation2.50%$1.1837.66%
FMBHFirst Mid Bancshares, Inc.2.50%$0.9626.52%