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

Loctek Ergonomic Technology Corp. (300729.SZ)

Company Dividend Discount ModelIndustry: Business Equipment & SuppliesSector: Industrials

Valuation Snapshot

Stable Growth$75.47 - $141.47$132.58
Multi-Stage$22.56 - $24.68$23.60
Blended Fair Value$78.09
Current Price$14.85
Upside425.87%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS46.93%28.60%0.530.380.210.130.120.080.060.020.010.04
YoY Growth--39.99%81.68%65.06%4.73%55.75%23.80%305.45%81.15%-80.35%1.08%
Dividend Yield--3.47%1.95%1.44%0.90%0.61%0.98%0.63%0.14%0.08%0.39%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)239.46
(-) Cash Dividends Paid (M)151.26
(=) Cash Retained (M)88.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)47.8929.9317.96
Cash Retained (M)88.2088.2088.20
(-) Cash Required (M)-47.89-29.93-17.96
(=) Excess Retained (M)40.3058.2670.24
(/) Shares Outstanding (M)336.62336.62336.62
(=) Excess Retained per Share0.120.170.21
LTM Dividend per Share0.450.450.45
(+) Excess Retained per Share0.120.170.21
(=) Adjusted Dividend0.570.620.66
WACC / Discount Rate6.30%6.30%6.30%
Growth Rate5.50%6.50%7.50%
Fair Value$75.47$132.58$141.47
Upside / Downside408.20%792.80%852.68%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)239.46255.02271.60289.25308.06328.08337.92
Payout Ratio63.17%68.53%73.90%79.27%84.63%90.00%92.50%
Projected Dividends (M)151.26174.78200.72229.29260.72295.27312.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.30%6.30%6.30%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)162.89164.43165.97
Year 2 PV (M)174.32177.64181.00
Year 3 PV (M)185.58190.91196.34
Year 4 PV (M)196.66204.23212.01
Year 5 PV (M)207.57217.59228.00
PV of Terminal Value (M)6,667.586,989.627,324.00
Equity Value (M)7,594.607,944.438,307.31
Shares Outstanding (M)336.62336.62336.62
Fair Value$22.56$23.60$24.68
Upside / Downside51.93%58.93%66.19%

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%