Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Northern Rare Earth (Group) High-Tech Co.,Ltd (600111.SS)

Company Dividend Discount ModelIndustry: Industrial MaterialsSector: Basic Materials

Valuation Snapshot

Stable Growth$16.63 - $58.61$27.52
Multi-Stage$10.49 - $11.48$10.98
Blended Fair Value$19.25
Current Price$48.30
Upside-60.14%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS22.71%0.43%0.140.170.440.070.090.050.040.060.030.08
YoY Growth---17.76%-61.80%535.71%-26.26%88.91%42.86%-40.55%96.24%-64.00%-37.50%
Dividend Yield--0.62%0.85%1.71%0.18%0.50%0.56%0.31%0.45%0.25%0.66%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,140.29
(-) Cash Dividends Paid (M)276.06
(=) Cash Retained (M)1,864.22
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)428.06267.54160.52
Cash Retained (M)1,864.221,864.221,864.22
(-) Cash Required (M)-428.06-267.54-160.52
(=) Excess Retained (M)1,436.171,596.691,703.70
(/) Shares Outstanding (M)3,615.073,615.073,615.07
(=) Excess Retained per Share0.400.440.47
LTM Dividend per Share0.080.080.08
(+) Excess Retained per Share0.400.440.47
(=) Adjusted Dividend0.470.520.55
WACC / Discount Rate8.50%8.50%8.50%
Growth Rate5.50%6.50%7.50%
Fair Value$16.63$27.52$58.61
Upside / Downside-65.57%-43.01%21.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,140.292,279.412,427.572,585.362,753.412,932.383,020.35
Payout Ratio12.90%28.32%43.74%59.16%74.58%90.00%92.50%
Projected Dividends (M)276.06645.501,061.801,529.482,053.482,639.142,793.82

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.50%8.50%8.50%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)589.32594.91600.49
Year 2 PV (M)885.02901.87918.89
Year 3 PV (M)1,163.891,197.301,231.34
Year 4 PV (M)1,426.631,481.501,537.93
Year 5 PV (M)1,673.941,754.791,838.74
PV of Terminal Value (M)32,193.1133,748.0535,362.50
Equity Value (M)37,931.9039,678.4141,489.89
Shares Outstanding (M)3,615.073,615.073,615.07
Fair Value$10.49$10.98$11.48
Upside / Downside-78.28%-77.28%-76.24%

High-Yield Dividend Screener

« Prev Page 17 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SAHSonic Automotive, Inc.2.13%$1.3135.28%
AIG-PAAmerican International Group, Inc.2.12%$1.6930.01%
LANCLancaster Colony Corporation2.11%$3.8261.80%
TDACTranslational Development Acquisition Corp.2.10%$0.2279.86%
FASTFastenal Company2.09%$0.8579.50%
FDUSFidus Investment Corporation2.09%$0.4117.86%
IBOCInternational Bancshares Corporation2.09%$1.4020.70%
SMRSXALPS/Smith Short Duration Bond Investor2.09%$0.2298.81%
SSSSSuRo Capital Corp.2.09%$0.208.46%
MLRMiller Industries, Inc.2.08%$0.7830.00%
OACCOaktree Acquisition Corp. III Life Sciences2.08%$0.2261.74%
FCCOFirst Community Corporation2.07%$0.6025.08%
GNTXGentex Corporation2.07%$0.4928.42%
OACCUOaktree Acquisition Corp. III Life Sciences Unit2.07%$0.2261.74%
DLBDolby Laboratories, Inc.2.06%$1.3149.64%
APOGApogee Enterprises, Inc.2.05%$0.7737.24%
CAKEThe Cheesecake Factory Incorporated2.05%$1.0832.74%
EWBCEast West Bancorp, Inc.2.05%$2.3625.97%
ALFCenturion Acquisition Corp.2.04%$0.2251.38%
ATOAtmos Energy Corporation2.04%$3.4546.19%
OVLYOak Valley Bancorp2.04%$0.6129.73%
0HYE.LCincinnati Financial Corporation2.03%$3.2824.36%
AOSA. O. Smith Corporation2.03%$1.3936.68%
ACTEnact Holdings, Inc.2.02%$0.8018.03%
ARKOArko Corp.2.02%$0.0955.86%
KFYKorn Ferry2.02%$1.3426.97%
0H68.LAflac Incorporated2.01%$2.2028.14%
LENLennar Corporation2.01%$2.1025.46%
AVYAvery Dennison Corporation2.00%$3.6641.17%
RHLDResolute Holdings Management, Inc.2.00%$3.7422.61%
ALFUUCenturion Acquisition Corp. Unit1.99%$0.2251.38%
GNTYGuaranty Bancshares, Inc.1.99%$0.9730.69%
NCNACCO Industries, Inc.1.99%$0.9524.54%
QCOMQUALCOMM Incorporated1.99%$3.4468.67%
THGThe Hanover Insurance Group, Inc.1.98%$3.5520.46%
CNMDCONMED Corporation1.97%$0.8038.60%
FBINFortune Brands Innovations, Inc.1.97%$1.0036.69%
FEIMFrequency Electronics, Inc.1.97%$1.0046.25%
RPMRPM International Inc.1.97%$2.0437.93%
BNJBrookfield Finance Inc. 4.50% P1.96%$0.3070.51%
MTGMGIC Investment Corporation1.96%$0.5717.51%
CCSCentury Communities, Inc.1.95%$1.1516.06%
0K6F.LNetApp, Inc.1.94%$2.0735.51%
BLKBlackRock, Inc.1.94%$21.0053.94%
FNB-PEF.N.B. Corporation1.94%$0.4834.55%
0L4F.LSealed Air Corporation1.93%$0.8030.13%
AEOAmerican Eagle Outfitters, Inc.1.93%$0.5142.14%
SLGNSilgan Holdings Inc.1.93%$0.8026.98%
FSFGFirst Savings Financial Group, Inc.1.92%$0.6123.93%
GENGen Digital Inc.1.92%$0.5054.91%