Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

State Grid Yingda Co.,Ltd. (600517.SS)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$30.09 - $82.04$76.89
Multi-Stage$11.41 - $12.50$11.94
Blended Fair Value$44.42
Current Price$5.87
Upside656.66%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS18.43%12.12%0.110.070.080.090.070.050.040.050.040.03
YoY Growth--43.61%-11.67%-6.27%37.36%42.63%25.94%-21.07%20.41%10.55%1.87%
Dividend Yield--2.13%1.56%1.62%1.60%0.88%0.70%0.69%0.81%0.40%0.37%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,354.62
(-) Cash Dividends Paid (M)480.63
(=) Cash Retained (M)1,873.99
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)470.92294.33176.60
Cash Retained (M)1,873.991,873.991,873.99
(-) Cash Required (M)-470.92-294.33-176.60
(=) Excess Retained (M)1,403.071,579.671,697.40
(/) Shares Outstanding (M)5,707.575,707.575,707.57
(=) Excess Retained per Share0.250.280.30
LTM Dividend per Share0.080.080.08
(+) Excess Retained per Share0.250.280.30
(=) Adjusted Dividend0.330.360.38
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate5.50%6.50%7.50%
Fair Value$30.09$76.89$82.04
Upside / Downside412.62%1,209.84%1,297.69%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,354.622,507.672,670.672,844.263,029.143,226.043,322.82
Payout Ratio20.41%34.33%48.25%62.16%76.08%90.00%92.50%
Projected Dividends (M)480.63860.881,288.531,768.132,304.642,903.433,073.61

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)799.56807.14814.72
Year 2 PV (M)1,111.521,132.701,154.07
Year 3 PV (M)1,416.621,457.291,498.73
Year 4 PV (M)1,714.971,780.921,848.76
Year 5 PV (M)2,006.672,103.602,204.23
PV of Terminal Value (M)58,086.4860,892.0863,805.06
Equity Value (M)65,135.8468,173.7371,325.56
Shares Outstanding (M)5,707.575,707.575,707.57
Fair Value$11.41$11.94$12.50
Upside / Downside94.42%103.48%112.89%

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%