Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hunan Corun New Energy Co., Ltd. (600478.SS)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$19.22 - $22.65$21.23
Multi-Stage$12.75 - $13.99$13.36
Blended Fair Value$17.29
Current Price$6.57
Upside163.23%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS18.46%15.81%0.100.090.060.060.060.040.050.050.020.02
YoY Growth--13.88%59.03%-7.68%7.41%29.90%-6.49%-10.26%129.80%0.88%-4.41%
Dividend Yield--2.08%2.10%0.67%1.17%1.57%1.14%0.79%0.90%0.25%0.20%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)189.22
(-) Cash Dividends Paid (M)109.42
(=) Cash Retained (M)79.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)37.8423.6514.19
Cash Retained (M)79.8079.8079.80
(-) Cash Required (M)-37.84-23.65-14.19
(=) Excess Retained (M)41.9656.1565.61
(/) Shares Outstanding (M)1,661.401,661.401,661.40
(=) Excess Retained per Share0.030.030.04
LTM Dividend per Share0.070.070.07
(+) Excess Retained per Share0.030.030.04
(=) Adjusted Dividend0.090.100.11
WACC / Discount Rate2.92%2.92%2.92%
Growth Rate5.50%6.50%7.50%
Fair Value$19.22$21.23$22.65
Upside / Downside192.61%223.08%244.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)189.22201.52214.62228.57243.42259.25267.02
Payout Ratio57.83%64.26%70.70%77.13%83.57%90.00%92.50%
Projected Dividends (M)109.42129.50151.72176.29203.42233.32247.00

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.92%2.92%2.92%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)124.64125.82127.00
Year 2 PV (M)140.55143.23145.93
Year 3 PV (M)157.18161.69166.29
Year 4 PV (M)174.55181.27188.17
Year 5 PV (M)192.70202.01211.67
PV of Terminal Value (M)20,399.3921,384.6922,407.69
Equity Value (M)21,189.0122,198.6923,246.75
Shares Outstanding (M)1,661.401,661.401,661.40
Fair Value$12.75$13.36$13.99
Upside / Downside94.12%103.37%112.97%

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%