Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Jiangsu Broadcasting Cable Information Network Corporation Limited (600959.SS)

Company Dividend Discount ModelIndustry: BroadcastingSector: Communication Services

Valuation Snapshot

Stable Growth$0.40 - $0.53$0.47
Multi-Stage$0.72 - $0.79$0.75
Blended Fair Value$0.61
Current Price$3.62
Upside-83.16%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-15.20%-8.58%0.040.040.040.040.040.100.010.090.010.11
YoY Growth---2.84%22.38%-4.65%3.14%-62.51%574.58%-82.93%737.18%-90.93%6.43%
Dividend Yield--1.31%1.42%1.09%1.17%1.20%2.75%0.26%1.20%0.10%1.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)455.94
(-) Cash Dividends Paid (M)123.48
(=) Cash Retained (M)332.46
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)91.1956.9934.20
Cash Retained (M)332.46332.46332.46
(-) Cash Required (M)-91.19-56.99-34.20
(=) Excess Retained (M)241.27275.47298.26
(/) Shares Outstanding (M)4,995.224,995.224,995.22
(=) Excess Retained per Share0.050.060.06
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.050.060.06
(=) Adjusted Dividend0.070.080.08
WACC / Discount Rate9.89%9.89%9.89%
Growth Rate-7.15%-6.15%-5.15%
Fair Value$0.40$0.47$0.53
Upside / Downside-89.00%-87.09%-85.28%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)455.94427.92401.62376.94353.77332.03341.99
Payout Ratio27.08%39.67%52.25%64.83%77.42%90.00%92.50%
Projected Dividends (M)123.48169.74209.84244.38273.88298.83316.34

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.89%9.89%9.89%
Growth Rate-7.15%-6.15%-5.15%
Year 1 PV (M)152.82154.46156.11
Year 2 PV (M)170.10173.78177.50
Year 3 PV (M)178.35184.17190.12
Year 4 PV (M)179.95187.83195.96
Year 5 PV (M)176.77186.50196.65
PV of Terminal Value (M)2,716.912,866.403,022.39
Equity Value (M)3,574.893,753.143,938.73
Shares Outstanding (M)4,995.224,995.224,995.22
Fair Value$0.72$0.75$0.79
Upside / Downside-80.23%-79.24%-78.22%

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%