Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shenzhen Absen Optoelectronic Co.,Ltd. (300389.SZ)

Company Dividend Discount ModelIndustry: Consumer ElectronicsSector: Technology

Valuation Snapshot

Stable Growth$84.32 - $99.34$93.10
Multi-Stage$61.86 - $67.89$64.82
Blended Fair Value$78.96
Current Price$16.74
Upside371.68%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.09%13.20%0.300.301.460.000.000.130.070.110.090.11
YoY Growth--0.00%-79.69%312,808.78%114,427.33%-100.00%94.07%-39.53%25.82%-15.60%26.00%
Dividend Yield--2.70%1.68%10.23%0.00%0.00%1.56%0.40%0.74%0.46%0.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)184.37
(-) Cash Dividends Paid (M)55.37
(=) Cash Retained (M)129.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)36.8723.0513.83
Cash Retained (M)129.00129.00129.00
(-) Cash Required (M)-36.87-23.05-13.83
(=) Excess Retained (M)92.13105.96115.17
(/) Shares Outstanding (M)369.09369.09369.09
(=) Excess Retained per Share0.250.290.31
LTM Dividend per Share0.150.150.15
(+) Excess Retained per Share0.250.290.31
(=) Adjusted Dividend0.400.440.46
WACC / Discount Rate0.75%0.75%0.75%
Growth Rate5.50%6.50%7.50%
Fair Value$84.32$93.10$99.34
Upside / Downside403.69%456.14%493.44%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)184.37196.35209.11222.71237.18252.60260.18
Payout Ratio30.03%42.02%54.02%66.01%78.01%90.00%92.50%
Projected Dividends (M)55.3782.51112.96147.01185.02227.34240.66

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate0.75%0.75%0.75%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)81.1381.9082.67
Year 2 PV (M)109.21111.29113.39
Year 3 PV (M)139.76143.77147.86
Year 4 PV (M)172.95179.60186.44
Year 5 PV (M)208.96219.05229.53
PV of Terminal Value (M)22,120.3723,188.7924,298.11
Equity Value (M)22,832.3823,924.4125,058.00
Shares Outstanding (M)369.09369.09369.09
Fair Value$61.86$64.82$67.89
Upside / Downside269.54%287.21%305.56%

High-Yield Dividend Screener

« Prev Page 16 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
HWBKHawthorn Bancshares, Inc.2.27%$0.7724.18%
UTMDUtah Medical Products, Inc.2.27%$1.2835.35%
DKSDICK'S Sporting Goods, Inc.2.26%$4.5238.61%
EMLThe Eastern Company2.26%$0.4437.05%
SBCFSeacoast Banking Corporation of Florida2.26%$0.7143.09%
WMKWeis Markets, Inc.2.26%$1.4535.88%
0JYA.LMarathon Petroleum Corporation2.25%$3.7274.60%
FSBCFive Star Bancorp2.25%$0.8029.79%
IBMInternational Business Machines Corporation2.25%$6.5678.75%
0KYZ.LSBA Communications Corporation2.24%$4.3254.40%
BPOPPopular, Inc.2.24%$2.8224.06%
MFINMedallion Financial Corp.2.24%$0.2312.50%
MSMorgan Stanley2.24%$4.0740.12%
FXNCFirst National Corporation2.23%$0.5586.28%
BACBank of America Corporation2.22%$1.2431.97%
SSBSouthState Corporation2.22%$2.0930.58%
VLGEAVillage Super Market, Inc.2.22%$0.7720.42%
WWWWolverine World Wide, Inc.2.22%$0.4137.79%
CCBGCapital City Bank Group, Inc.2.21%$0.9326.22%
CGThe Carlyle Group Inc.2.20%$1.3476.25%
NHINational Health Investors, Inc.2.20%$1.6954.58%
VNOVornado Realty Trust2.20%$0.7315.58%
BANCBanc of California, Inc.2.19%$0.4332.44%
EBTCEnterprise Bancorp, Inc.2.19%$0.8726.66%
RHPRyman Hospitality Properties, Inc.2.19%$2.0957.31%
CDPCOPT Defense Properties2.18%$0.6045.15%
FDSFactSet Research Systems Inc.2.18%$6.2039.64%
ISBAIsabella Bank Corporation2.18%$1.1044.52%
WHWyndham Hotels & Resorts, Inc.2.18%$1.6437.28%
EFSCEnterprise Financial Services Corp2.17%$1.1722.34%
ETHGrayscale Ethereum Mini Trust2.17%$0.6434.57%
SEMSelect Medical Holdings Corporation2.17%$0.3236.19%
BFSTBusiness First Bancshares, Inc.2.16%$0.5620.21%
CWBCCommunity West Bancshares2.16%$0.4826.89%
EHTHeHealth, Inc.2.16%$0.095.60%
TPLTexas Pacific Land Corporation2.16%$6.4231.02%
CBSHCommerce Bancshares, Inc.2.15%$1.1226.40%
COLMColumbia Sportswear Company2.15%$1.2035.55%
HTHHilltop Holdings Inc.2.15%$0.7328.46%
NATHNathan's Famous, Inc.2.15%$1.9835.76%
RCKYRocky Brands, Inc.2.15%$0.6222.50%
BDXBecton, Dickinson and Company2.14%$4.1771.28%
CICigna Corporation2.14%$5.9626.01%
FBIZFirst Business Financial Services, Inc.2.14%$1.1518.19%
JBSSJohn B. Sanfilippo & Son, Inc.2.14%$1.4926.50%
JNPRJuniper Networks, Inc.2.14%$0.8682.37%
POOLPool Corporation2.14%$4.9244.68%
CSCOCisco Systems, Inc.2.13%$1.6262.56%
CSTRCapStar Financial Holdings, Inc.2.13%$0.4330.48%
HTLFHeartland Financial USA, Inc.2.13%$1.3869.73%