Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

China Railway Signal & Communication Corporation Limited (688009.SS)

Company Dividend Discount ModelIndustry: RailroadsSector: Industrials

Valuation Snapshot

Stable Growth$3.03 - $4.69$3.80
Multi-Stage$6.99 - $7.69$7.34
Blended Fair Value$5.57
Current Price$5.38
Upside3.52%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.77%0.00%0.230.190.170.210.200.220.160.080.090.31
YoY Growth--18.69%13.71%-19.49%5.58%-9.41%35.29%96.60%-6.80%-71.47%0.00%
Dividend Yield--4.10%3.45%3.15%4.77%3.55%3.53%1.34%0.68%0.73%2.56%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,420.24
(-) Cash Dividends Paid (M)1,883.86
(=) Cash Retained (M)1,536.38
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)684.05427.53256.52
Cash Retained (M)1,536.381,536.381,536.38
(-) Cash Required (M)-684.05-427.53-256.52
(=) Excess Retained (M)852.341,108.851,279.87
(/) Shares Outstanding (M)10,535.6710,535.6710,535.67
(=) Excess Retained per Share0.080.110.12
LTM Dividend per Share0.180.180.18
(+) Excess Retained per Share0.080.110.12
(=) Adjusted Dividend0.260.280.30
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3.03$3.80$4.69
Upside / Downside-43.66%-29.34%-12.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,420.243,386.043,352.183,318.663,285.473,252.613,350.19
Payout Ratio55.08%62.06%69.05%76.03%83.02%90.00%92.50%
Projected Dividends (M)1,883.862,101.502,314.602,523.242,727.462,927.353,098.93

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)1,955.201,975.151,995.10
Year 2 PV (M)2,003.552,044.642,086.16
Year 3 PV (M)2,032.092,094.932,159.05
Year 4 PV (M)2,043.642,128.342,215.64
Year 5 PV (M)2,040.712,146.982,257.62
PV of Terminal Value (M)63,594.5766,906.0970,354.14
Equity Value (M)73,669.7677,296.1381,067.73
Shares Outstanding (M)10,535.6710,535.6710,535.67
Fair Value$6.99$7.34$7.69
Upside / Downside29.97%36.37%43.02%

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%