Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Nanjing Tanker Corporation (601975.SS)

Company Dividend Discount ModelIndustry: Oil & Gas MidstreamSector: Energy

Valuation Snapshot

Stable Growth$2.14 - $3.20$2.65
Multi-Stage$2.80 - $3.07$2.93
Blended Fair Value$2.79
Current Price$3.04
Upside-8.25%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%-16.08%0.010.010.010.020.020.000.000.030.030.04
YoY Growth---24.20%-7.37%-11.99%-20.04%0.00%0.00%-100.00%-4.70%-30.60%-27.44%
Dividend Yield--0.35%0.39%0.40%0.88%0.91%0.00%0.00%0.87%0.91%1.32%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,212.27
(-) Cash Dividends Paid (M)28.76
(=) Cash Retained (M)1,183.51
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)242.45151.5390.92
Cash Retained (M)1,183.511,183.511,183.51
(-) Cash Required (M)-242.45-151.53-90.92
(=) Excess Retained (M)941.051,031.971,092.59
(/) Shares Outstanding (M)4,782.074,782.074,782.07
(=) Excess Retained per Share0.200.220.23
LTM Dividend per Share0.010.010.01
(+) Excess Retained per Share0.200.220.23
(=) Adjusted Dividend0.200.220.23
WACC / Discount Rate9.70%9.70%9.70%
Growth Rate0.21%1.21%2.21%
Fair Value$2.14$2.65$3.20
Upside / Downside-29.53%-12.98%5.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,212.271,226.981,241.871,256.941,272.191,287.621,326.25
Payout Ratio2.37%19.90%37.42%54.95%72.47%90.00%92.50%
Projected Dividends (M)28.76244.15464.75690.68922.011,158.861,226.78

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.70%9.70%9.70%
Growth Rate0.21%1.21%2.21%
Year 1 PV (M)220.36222.56224.76
Year 2 PV (M)378.61386.20393.87
Year 3 PV (M)507.83523.19538.85
Year 4 PV (M)611.88636.67662.21
Year 5 PV (M)694.14729.47766.22
PV of Terminal Value (M)10,968.1411,526.4112,107.18
Equity Value (M)13,380.9614,024.5014,693.10
Shares Outstanding (M)4,782.074,782.074,782.07
Fair Value$2.80$2.93$3.07
Upside / Downside-7.96%-3.53%1.07%

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%