Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Top Resource Energy Co., Ltd. Class A (300332.SZ)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$17.44 - $20.55$19.26
Multi-Stage$12.16 - $13.34$12.74
Blended Fair Value$16.00
Current Price$5.77
Upside177.24%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-8.63%7.88%0.110.130.090.060.100.170.200.110.120.09
YoY Growth---16.53%40.17%63.82%-46.46%-37.94%-14.65%73.48%-3.27%29.03%81.49%
Dividend Yield--2.18%1.93%0.78%0.62%1.98%4.40%3.36%1.92%1.14%0.98%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)88.96
(-) Cash Dividends Paid (M)27.33
(=) Cash Retained (M)61.63
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)17.7911.126.67
Cash Retained (M)61.6361.6361.63
(-) Cash Required (M)-17.79-11.12-6.67
(=) Excess Retained (M)43.8450.5154.96
(/) Shares Outstanding (M)861.00861.00861.00
(=) Excess Retained per Share0.050.060.06
LTM Dividend per Share0.030.030.03
(+) Excess Retained per Share0.050.060.06
(=) Adjusted Dividend0.080.090.10
WACC / Discount Rate1.80%1.80%1.80%
Growth Rate5.50%6.50%7.50%
Fair Value$17.44$19.26$20.55
Upside / Downside202.26%233.73%256.12%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)88.9694.74100.90107.46114.44121.88125.54
Payout Ratio30.72%42.58%54.43%66.29%78.14%90.00%92.50%
Projected Dividends (M)27.3340.3454.9271.2389.43109.69116.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.80%1.80%1.80%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)39.2539.6340.00
Year 2 PV (M)52.0153.0054.00
Year 3 PV (M)65.6467.5369.45
Year 4 PV (M)80.2083.2886.46
Year 5 PV (M)95.73100.35105.15
PV of Terminal Value (M)10,133.7210,623.1811,131.37
Equity Value (M)10,466.5510,966.9611,486.42
Shares Outstanding (M)861.00861.00861.00
Fair Value$12.16$12.74$13.34
Upside / Downside110.68%120.75%131.21%

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%