Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

DongGuan Winnerway Industry Zone Ltd. (000573.SZ)

Company Dividend Discount ModelIndustry: Real Estate - ServicesSector: Real Estate

Valuation Snapshot

Stable Growth$0.54 - $0.74$0.64
Multi-Stage$1.67 - $1.84$1.76
Blended Fair Value$1.20
Current Price$4.15
Upside-71.12%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.74%-7.73%0.070.080.100.060.100.060.080.100.100.18
YoY Growth---8.36%-20.00%66.67%-40.97%66.61%-25.93%-15.59%-3.99%-44.14%11.03%
Dividend Yield--1.61%2.76%2.76%1.37%3.75%2.24%2.20%2.08%1.22%2.39%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)65.25
(-) Cash Dividends Paid (M)41.21
(=) Cash Retained (M)24.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)13.058.164.89
Cash Retained (M)24.0424.0424.04
(-) Cash Required (M)-13.05-8.16-4.89
(=) Excess Retained (M)10.9915.8819.15
(/) Shares Outstanding (M)638.29638.29638.29
(=) Excess Retained per Share0.020.020.03
LTM Dividend per Share0.060.060.06
(+) Excess Retained per Share0.020.020.03
(=) Adjusted Dividend0.080.090.09
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-7.59%-6.59%-5.59%
Fair Value$0.54$0.64$0.74
Upside / Downside-87.01%-84.53%-82.10%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)65.2560.9556.9353.1849.6846.4047.79
Payout Ratio63.16%68.53%73.90%79.26%84.63%90.00%92.50%
Projected Dividends (M)41.2141.7742.0742.1542.0441.7644.21

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-7.59%-6.59%-5.59%
Year 1 PV (M)38.8339.2539.67
Year 2 PV (M)36.3537.1537.94
Year 3 PV (M)33.8634.9736.11
Year 4 PV (M)31.3932.7734.20
Year 5 PV (M)28.9930.5932.26
PV of Terminal Value (M)895.96945.50997.20
Equity Value (M)1,065.381,120.221,177.38
Shares Outstanding (M)638.29638.29638.29
Fair Value$1.67$1.76$1.84
Upside / Downside-59.78%-57.71%-55.55%

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%