Definitive Analysis
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

Analysis Mode

Ticker

Industry

Sector

MEGA P&C Advanced Materials (Shanghai) Company Limited (603062.SS)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$190.46 - $442.59$414.77
Multi-Stage$67.11 - $73.36$70.18
Blended Fair Value$242.47
Current Price$55.27
Upside338.71%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS81.23%0.00%1.901.251.411.280.130.100.000.000.000.00
YoY Growth--52.17%-11.70%10.41%857.82%37.59%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--3.77%2.86%2.43%2.20%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)236.24
(-) Cash Dividends Paid (M)175.46
(=) Cash Retained (M)60.78
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)47.2529.5317.72
Cash Retained (M)60.7860.7860.78
(-) Cash Required (M)-47.25-29.53-17.72
(=) Excess Retained (M)13.5331.2543.06
(/) Shares Outstanding (M)106.15106.15106.15
(=) Excess Retained per Share0.130.290.41
LTM Dividend per Share1.651.651.65
(+) Excess Retained per Share0.130.290.41
(=) Adjusted Dividend1.781.952.06
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate5.50%6.50%7.50%
Fair Value$190.46$414.77$442.59
Upside / Downside244.60%650.45%700.78%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)236.24251.60267.95285.37303.92323.67333.38
Payout Ratio74.27%77.42%80.56%83.71%86.85%90.00%92.50%
Projected Dividends (M)175.46194.78215.87238.88263.96291.30308.38

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)181.20182.91184.63
Year 2 PV (M)186.81190.37193.96
Year 3 PV (M)192.31197.83203.46
Year 4 PV (M)197.69205.29213.11
Year 5 PV (M)202.95212.75222.93
PV of Terminal Value (M)6,162.786,460.446,769.50
Equity Value (M)7,123.747,449.607,787.59
Shares Outstanding (M)106.15106.15106.15
Fair Value$67.11$70.18$73.36
Upside / Downside21.42%26.97%32.73%

High-Yield Dividend Screener

« Prev Page 15 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
0R28.LNewmont Corporation2.49%$1.0115.53%
ETREntergy Corporation2.49%$2.3457.35%
NKENIKE, Inc.2.49%$1.5880.59%
OTTROtter Tail Corporation2.49%$2.0330.69%
FHNFirst Horizon Corporation2.48%$0.6034.42%
PWPPerella Weinberg Partners2.48%$0.4469.65%
SCSSteelcase Inc.2.48%$0.4050.05%
PBIPitney Bowes Inc.2.46%$0.2561.37%
RBCAARepublic Bancorp, Inc.2.45%$1.6725.85%
SRCE1st Source Corporation2.45%$1.5325.20%
TRMKTrustmark Corporation2.45%$0.9626.11%
VOYAVoya Financial, Inc.2.45%$1.8629.46%
AWKAmerican Water Works Company, Inc.2.44%$3.1855.85%
LSTRLandstar System, Inc.2.44%$3.5890.21%
NGLNGL Energy Partners LP2.44%$0.2424.52%
TCFCThe Community Financial Corporation2.44%$0.6612.72%
CADECadence Bank2.43%$1.0537.49%
JNJJohnson & Johnson2.43%$5.0448.70%
MBCNMiddlefield Banc Corp.2.43%$0.8342.36%
0L7G.LSnap-on Incorporated2.42%$8.4344.15%
ITWIllinois Tool Works Inc.2.42%$6.0458.20%
MOFGMidWestOne Financial Group, Inc.2.40%$0.9232.44%
FFINFirst Financial Bankshares, Inc.2.39%$0.7242.45%
ADPAutomatic Data Processing, Inc.2.38%$6.0359.30%
CALCaleres, Inc.2.38%$0.2946.21%
ABMABM Industries Incorporated2.37%$1.0154.79%
FUNCFirst United Corporation2.36%$0.8822.87%
HONHoneywell International Inc.2.36%$4.6348.21%
RILYKB. Riley Financial, Inc. 5.50% Senior Notes Due 20262.36%$0.5856.91%
CDWCDW Corporation2.35%$3.1439.31%
CHMGChemung Financial Corporation2.35%$1.2846.47%
LZBLa-Z-Boy Incorporated2.35%$0.8840.20%
PKGPackaging Corporation of America2.35%$4.9750.31%
UNPUnion Pacific Corporation2.35%$5.4445.77%
0K91.LNorthern Trust Corporation2.34%$3.2035.68%
MCDMcDonald's Corporation2.33%$7.0760.14%
MGEEMGE Energy, Inc.2.32%$1.8249.49%
MZTIThe Marzetti Company2.32%$3.8261.80%
UNMUnum Group2.32%$1.7933.52%
RILYMB. Riley Financial, Inc. - 6.372.31%$0.5856.91%
RILYOB. Riley Financial, Inc. - 6.752.31%$0.5856.91%
HONIVHoneywell International Inc. Common Stock Ex Distribution When Issued2.30%$4.6348.21%
PGRThe Progressive Corporation2.30%$4.8826.80%
WNEBWestern New England Bancorp, Inc.2.30%$0.2843.00%
0R23.LHalliburton Company2.29%$0.6844.61%
ADSBread Financial Holdings, Inc.2.29%$1.3021.08%
HLNEHamilton Lane Incorporated2.29%$3.1374.09%
BSVNBank7 Corp.2.28%$0.9420.81%
MCBCMacatawa Bank Corporation2.28%$0.3428.37%
BRKLBrookline Bancorp, Inc.2.27%$0.5461.06%