Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Yueyang Forest & Paper Co., Ltd. (600963.SS)

Company Dividend Discount ModelIndustry: Paper, Lumber & Forest ProductsSector: Basic Materials

Valuation Snapshot

Stable Growth$2.29 - $3.52$2.87
Multi-Stage$5.45 - $6.00$5.72
Blended Fair Value$4.29
Current Price$4.42
Upside-2.92%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-7.74%-9.47%0.110.240.230.180.160.160.170.240.240.27
YoY Growth---55.57%5.58%31.52%10.81%-2.20%-4.44%-30.72%0.81%-9.98%-7.93%
Dividend Yield--2.36%4.90%3.24%3.02%2.64%4.43%4.39%5.30%3.59%5.25%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)423.81
(-) Cash Dividends Paid (M)207.47
(=) Cash Retained (M)216.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)84.7652.9831.79
Cash Retained (M)216.34216.34216.34
(-) Cash Required (M)-84.76-52.98-31.79
(=) Excess Retained (M)131.58163.37184.56
(/) Shares Outstanding (M)1,684.561,684.561,684.56
(=) Excess Retained per Share0.080.100.11
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share0.080.100.11
(=) Adjusted Dividend0.200.220.23
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate-2.26%-1.26%-0.26%
Fair Value$2.29$2.87$3.52
Upside / Downside-48.17%-35.18%-20.27%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)423.81418.45413.16407.94402.78397.68409.61
Payout Ratio48.95%57.16%65.37%73.58%81.79%90.00%92.50%
Projected Dividends (M)207.47239.20270.09300.16329.43357.91378.89

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate-2.26%-1.26%-0.26%
Year 1 PV (M)222.70224.98227.26
Year 2 PV (M)234.11238.93243.79
Year 3 PV (M)242.23249.74257.41
Year 4 PV (M)247.51257.80268.40
Year 5 PV (M)250.36263.43277.05
PV of Terminal Value (M)7,979.368,396.018,829.89
Equity Value (M)9,176.289,630.9010,103.80
Shares Outstanding (M)1,684.561,684.561,684.56
Fair Value$5.45$5.72$6.00
Upside / Downside23.24%29.35%35.70%

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%