Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Triangle Tyre Co., Ltd (601163.SS)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$8.61 - $12.57$10.52
Multi-Stage$12.34 - $13.57$12.94
Blended Fair Value$11.73
Current Price$13.85
Upside-15.29%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS23.33%-5.98%0.720.330.270.440.390.250.330.460.111.29
YoY Growth--115.76%25.00%-38.88%12.08%54.46%-22.96%-29.33%313.72%-91.32%-3.25%
Dividend Yield--4.76%2.03%2.02%3.52%2.35%2.00%2.39%2.72%0.37%4.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)901.52
(-) Cash Dividends Paid (M)24.64
(=) Cash Retained (M)876.87
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)180.30112.6967.61
Cash Retained (M)876.87876.87876.87
(-) Cash Required (M)-180.30-112.69-67.61
(=) Excess Retained (M)696.57764.18809.26
(/) Shares Outstanding (M)797.65797.65797.65
(=) Excess Retained per Share0.870.961.01
LTM Dividend per Share0.030.030.03
(+) Excess Retained per Share0.870.961.01
(=) Adjusted Dividend0.900.991.05
WACC / Discount Rate9.43%9.43%9.43%
Growth Rate-0.97%0.03%1.03%
Fair Value$8.61$10.52$12.57
Upside / Downside-37.84%-24.03%-9.23%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)901.52901.81902.10902.38902.67902.96930.05
Payout Ratio2.73%20.19%37.64%55.09%72.55%90.00%92.50%
Projected Dividends (M)24.64182.05339.55497.15654.86812.66860.30

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.43%9.43%9.43%
Growth Rate-0.97%0.03%1.03%
Year 1 PV (M)164.69166.35168.02
Year 2 PV (M)277.89283.53289.23
Year 3 PV (M)368.09379.35390.84
Year 4 PV (M)438.62456.61475.14
Year 5 PV (M)492.43517.80544.20
PV of Terminal Value (M)8,102.608,520.048,954.51
Equity Value (M)9,844.3210,323.6810,821.94
Shares Outstanding (M)797.65797.65797.65
Fair Value$12.34$12.94$13.57
Upside / Downside-10.89%-6.55%-2.04%

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%