Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

Kweichow Moutai Co., Ltd. (600519.SS)

Company Dividend Discount ModelIndustry: Beverages - Wineries & DistilleriesSector: Consumer Defensive

Valuation Snapshot

Stable Growth$7,997.67 - $14,270.77$13,373.80
Multi-Stage$2,315.55 - $2,532.29$2,421.93
Blended Fair Value$7,897.87
Current Price$1,443.99
Upside446.95%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS30.37%31.23%54.8325.9443.6419.3217.0514.5611.016.806.234.02
YoY Growth--111.33%-40.55%125.91%13.32%17.10%32.18%62.06%9.05%55.09%11.00%
Dividend Yield--3.51%1.51%2.40%1.12%0.85%1.31%1.28%0.99%1.61%1.62%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)90,027.34
(-) Cash Dividends Paid (M)64,671.68
(=) Cash Retained (M)25,355.66
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)18,005.4711,253.426,752.05
Cash Retained (M)25,355.6625,355.6625,355.66
(-) Cash Required (M)-18,005.47-11,253.42-6,752.05
(=) Excess Retained (M)7,350.1914,102.2518,603.61
(/) Shares Outstanding (M)1,254.611,254.611,254.61
(=) Excess Retained per Share5.8611.2414.83
LTM Dividend per Share51.5551.5551.55
(+) Excess Retained per Share5.8611.2414.83
(=) Adjusted Dividend57.4162.7966.38
WACC / Discount Rate6.26%6.26%6.26%
Growth Rate5.50%6.50%7.50%
Fair Value$7,997.67$13,373.80$14,270.77
Upside / Downside453.86%826.17%888.29%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)90,027.3495,879.12102,111.26108,748.49115,817.14123,345.26127,045.62
Payout Ratio71.84%75.47%79.10%82.73%86.37%90.00%92.50%
Projected Dividends (M)64,671.6872,358.5180,771.3989,972.24100,027.93111,010.73117,517.20

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.26%6.26%6.26%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)67,458.0668,097.4768,736.89
Year 2 PV (M)70,201.4471,538.5872,888.34
Year 3 PV (M)72,902.3074,995.0677,127.50
Year 4 PV (M)75,561.0978,466.9681,455.84
Year 5 PV (M)78,178.2881,954.3285,874.88
PV of Terminal Value (M)2,540,796.442,663,517.862,790,936.11
Equity Value (M)2,905,097.613,038,570.253,177,019.55
Shares Outstanding (M)1,254.611,254.611,254.61
Fair Value$2,315.55$2,421.93$2,532.29
Upside / Downside60.36%67.73%75.37%

High-Yield Dividend Screener

« Prev Page 16 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0ELV.LGuerbet S.A.7.06%$1.0131.15%
215000.KQGOLFZON Co., Ltd.7.05%$3,999.3763.09%
HLAG.DEHapag-Lloyd AG7.05%$8.2861.62%
XVALO.MCVale S.A.7.05%$0.8162.96%
0GN6.LArgan S.A.7.04%$4.6130.62%
RIGD.ILReliance Industries Limited7.04%$5.008.14%
600098.SSGuangzhou Development Group Incorporated7.03%$0.4669.93%
SORKON.BKS. Khonkaen Foods Public Company Limited7.03%$0.2571.33%
Z74.SISingapore Telecommunications Limited7.03%$0.3287.72%
603995.SSYongjin Technology Group Co., Ltd.7.02%$1.2769.10%
6671.TWSan Neng Group Holdings Co., Ltd.7.02%$2.5194.63%
KPN.ASKoninklijke KPN N.V.7.02%$0.2869.30%
NNCL.BKNava Nakorn Public Company Limited7.02%$0.1182.26%
TEGH.BKThai Eastern Group Holdings Public Company Limited7.02%$0.2137.13%
ASTAK.ATAlpha Real Estate S.a.7.01%$0.5252.38%
INETREIT.BKINET Freehold and Leasehold Real Estate Investment Trust7.01%$0.8045.08%
ABTG.MIAlfio Bardolla Training Group S.p.A.7.00%$0.1235.81%
MMB.PALagardere S.A.7.00%$1.3164.26%
0010.HKHang Lung Group Limited6.99%$1.0742.37%
0RP0.LTikehau Capital6.99%$1.1166.15%
1066.HKShandong Weigao Group Medical Polymer Company Limited6.99%$0.3541.33%
CAT31.PACaisse Regionale de Credit Agricole Mutuel Toulouse 316.99%$7.4918.27%
037710.KSGwangju Shinsegae. Co. ,Ltd.6.98%$2,199.7640.80%
AP-R.BKAP (Thailand) Public Company Limited6.98%$0.6040.92%
EASON.BKEason & Co Public Company Limited6.97%$0.0860.98%
KENKenon Holdings Ltd.6.97%$4.7154.85%
015860.KSILJIN Holdings Co., Ltd.6.96%$474.0952.60%
3808.HKSinotruk (Hong Kong) Limited6.96%$1.9343.31%
603801.SSZbom Home Collection Co.,Ltd6.96%$0.6494.30%
WOMF.JKPT Wahana Ottomitra Multiartha Tbk6.96%$22.5631.36%
601225.SSShaanxi Coal Industry Company Limited6.95%$1.4875.05%
LOG.MCLogista Integral, S.A.6.95%$2.0980.25%
VCX.AXVicinity Centres6.95%$0.1852.81%
0QME.LOrell Füssli AG6.94%$8.3058.10%
3470.TMarimo Regional Revitalization REIT, Inc.6.94%$7,579.0662.91%
ARROW.BKArrow Syndicate Public Company Limited6.93%$0.3569.42%
003690.KSKorean Reinsurance Company6.92%$797.5138.80%
3279.TActivia Properties Inc.6.92%$9,742.1289.07%
IL0A.IRPermanent TSB Group Holdings plc6.92%$0.1639.09%
S41.SIHong Leong Finance Limited6.92%$0.1875.53%
SECURITY.SNGrupo Security S.A.6.92%$23.1197.85%
2377.HKChina Boqi Environmental (Holding) Co., Ltd.6.91%$0.0712.31%
601991.SSDatang International Power Generation Co., Ltd.6.91%$0.2465.75%
ALPJT.PAPoujoulat S.A.6.91%$0.5236.16%
AZM.MIAzimut Holding S.p.A.6.91%$2.4771.18%
PPF.BKPinthong Industrial Park Property Fund6.91%$0.7581.09%
BOLSAA.MXBolsa Mexicana de Valores, S.A.B. de C.V.6.90%$2.5984.50%
HYDRA.ASHydratec Industries N.V.6.90%$12.0839.09%
0O6D.LMiquel y Costas & Miquel, S.A.6.89%$1.0041.40%
0QO6.LJulius Bär Gruppe AG6.89%$3.9199.57%