Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang AngLiKang Pharmaceutical CO.,LTD. (002940.SZ)

Company Dividend Discount ModelIndustry: Drug Manufacturers - Specialty & GenericSector: Healthcare

Valuation Snapshot

Stable Growth$8.00 - $14.93$10.83
Multi-Stage$20.98 - $23.11$22.03
Blended Fair Value$16.43
Current Price$38.02
Upside-56.80%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.74%-2.42%0.300.210.170.240.450.340.010.230.150.11
YoY Growth--40.81%22.19%-27.41%-47.75%33.35%3,406.00%-95.74%55.50%34.61%-71.23%
Dividend Yield--2.15%1.28%0.75%1.29%2.53%1.69%0.05%1.44%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)108.09
(-) Cash Dividends Paid (M)40.22
(=) Cash Retained (M)67.87
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)21.6213.518.11
Cash Retained (M)67.8767.8767.87
(-) Cash Required (M)-21.62-13.51-8.11
(=) Excess Retained (M)46.2654.3659.77
(/) Shares Outstanding (M)198.37198.37198.37
(=) Excess Retained per Share0.230.270.30
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.230.270.30
(=) Adjusted Dividend0.440.480.50
WACC / Discount Rate5.05%5.05%5.05%
Growth Rate-0.38%0.62%1.62%
Fair Value$8.00$10.83$14.93
Upside / Downside-78.97%-71.52%-60.73%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)108.09108.76109.44110.12110.80111.49114.83
Payout Ratio37.21%47.77%58.32%68.88%79.44%90.00%92.50%
Projected Dividends (M)40.2251.9563.8375.8588.02100.34106.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.05%5.05%5.05%
Growth Rate-0.38%0.62%1.62%
Year 1 PV (M)48.9649.4549.94
Year 2 PV (M)56.6957.8458.99
Year 3 PV (M)63.5065.4367.40
Year 4 PV (M)69.4472.2775.19
Year 5 PV (M)74.6078.4382.40
PV of Terminal Value (M)3,848.604,045.684,250.75
Equity Value (M)4,161.794,369.094,584.67
Shares Outstanding (M)198.37198.37198.37
Fair Value$20.98$22.03$23.11
Upside / Downside-44.82%-42.07%-39.21%

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%