Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Northking Information Technology Co., Ltd. (002987.SZ)

Company Dividend Discount ModelIndustry: Information Technology ServicesSector: Technology

Valuation Snapshot

Stable Growth$14.34 - $75.60$28.63
Multi-Stage$8.18 - $8.94$8.55
Blended Fair Value$18.59
Current Price$21.03
Upside-11.60%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS40.61%0.00%0.090.040.030.040.000.020.010.010.040.00
YoY Growth--118.78%15.86%-14.36%3,448.39%-92.86%57.27%-19.67%-67.43%0.00%0.00%
Dividend Yield--0.64%0.49%0.28%0.39%0.01%0.26%0.16%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)329.52
(-) Cash Dividends Paid (M)156.14
(=) Cash Retained (M)173.38
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)65.9041.1924.71
Cash Retained (M)173.38173.38173.38
(-) Cash Required (M)-65.90-41.19-24.71
(=) Excess Retained (M)107.48132.19148.67
(/) Shares Outstanding (M)866.85866.85866.85
(=) Excess Retained per Share0.120.150.17
LTM Dividend per Share0.180.180.18
(+) Excess Retained per Share0.120.150.17
(=) Adjusted Dividend0.300.330.35
WACC / Discount Rate7.74%7.74%7.74%
Growth Rate5.50%6.50%7.50%
Fair Value$14.34$28.63$75.60
Upside / Downside-31.81%36.13%259.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)329.52350.94373.75398.05423.92451.48465.02
Payout Ratio47.38%55.91%64.43%72.95%81.48%90.00%92.50%
Projected Dividends (M)156.14196.20240.81290.39345.40406.33430.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.74%7.74%7.74%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)180.40182.11183.82
Year 2 PV (M)203.59207.46211.38
Year 3 PV (M)225.73232.21238.81
Year 4 PV (M)246.87256.36266.13
Year 5 PV (M)267.03279.93293.32
PV of Terminal Value (M)5,966.966,255.176,554.41
Equity Value (M)7,090.587,413.257,747.87
Shares Outstanding (M)866.85866.85866.85
Fair Value$8.18$8.55$8.94
Upside / Downside-61.10%-59.33%-57.50%

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%