Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Viewshine Intelligent Meter Co.,Ltd (002849.SZ)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$1.84 - $2.93$2.33
Multi-Stage$2.21 - $2.42$2.31
Blended Fair Value$2.32
Current Price$15.15
Upside-84.66%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.13%3.83%0.060.030.030.030.030.030.050.040.040.00
YoY Growth--121.78%-4.72%0.00%0.09%-0.16%-36.34%9.09%10.76%2,080.62%-95.89%
Dividend Yield--0.41%0.17%0.20%0.31%0.35%0.32%0.39%0.34%0.15%0.02%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)38.99
(-) Cash Dividends Paid (M)12.54
(=) Cash Retained (M)26.45
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7.804.872.92
Cash Retained (M)26.4526.4526.45
(-) Cash Required (M)-7.80-4.87-2.92
(=) Excess Retained (M)18.6521.5823.53
(/) Shares Outstanding (M)223.64223.64223.64
(=) Excess Retained per Share0.080.100.11
LTM Dividend per Share0.060.060.06
(+) Excess Retained per Share0.080.100.11
(=) Adjusted Dividend0.140.150.16
WACC / Discount Rate9.57%9.57%9.57%
Growth Rate1.85%2.85%3.85%
Fair Value$1.84$2.33$2.93
Upside / Downside-87.86%-84.60%-80.69%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)38.9940.1041.2442.4243.6244.8746.21
Payout Ratio32.16%43.72%55.29%66.86%78.43%90.00%92.50%
Projected Dividends (M)12.5417.5322.8028.3634.2140.3842.75

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.57%9.57%9.57%
Growth Rate1.85%2.85%3.85%
Year 1 PV (M)15.8416.0016.16
Year 2 PV (M)18.6218.9919.36
Year 3 PV (M)20.9321.5622.19
Year 4 PV (M)22.8223.7324.67
Year 5 PV (M)24.3525.5626.83
PV of Terminal Value (M)392.01411.63432.04
Equity Value (M)494.58517.48541.25
Shares Outstanding (M)223.64223.64223.64
Fair Value$2.21$2.31$2.42
Upside / Downside-85.40%-84.73%-84.03%

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%