Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Fujian Qingshan Paper Industry Co.,Ltd. (600103.SS)

Company Dividend Discount ModelIndustry: Paper, Lumber & Forest ProductsSector: Basic Materials

Valuation Snapshot

Stable Growth$0.20 - $0.28$0.24
Multi-Stage$0.34 - $0.37$0.35
Blended Fair Value$0.29
Current Price$3.68
Upside-91.99%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.25%-4.30%0.030.060.010.010.010.010.020.030.030.04
YoY Growth---54.03%642.58%-46.32%-0.68%6.94%-12.92%-38.84%-17.71%-17.43%-8.55%
Dividend Yield--1.21%2.69%0.30%0.55%0.67%0.68%0.61%0.92%0.78%0.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)63.00
(-) Cash Dividends Paid (M)40.63
(=) Cash Retained (M)22.38
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)12.607.884.73
Cash Retained (M)22.3822.3822.38
(-) Cash Required (M)-12.60-7.88-4.73
(=) Excess Retained (M)9.7714.5017.65
(/) Shares Outstanding (M)2,210.142,210.142,210.14
(=) Excess Retained per Share0.000.010.01
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.000.010.01
(=) Adjusted Dividend0.020.020.03
WACC / Discount Rate9.15%9.15%9.15%
Growth Rate-2.22%-1.22%-0.22%
Fair Value$0.20$0.24$0.28
Upside / Downside-94.67%-93.54%-92.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)63.0062.2461.4860.7359.9959.2561.03
Payout Ratio64.49%69.59%74.69%79.79%84.90%90.00%92.50%
Projected Dividends (M)40.6343.3145.9248.4650.9353.3356.45

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.15%9.15%9.15%
Growth Rate-2.22%-1.22%-0.22%
Year 1 PV (M)39.2839.6840.08
Year 2 PV (M)37.7738.5439.33
Year 3 PV (M)36.1437.2638.41
Year 4 PV (M)34.4535.8837.35
Year 5 PV (M)32.7234.4236.20
PV of Terminal Value (M)563.16592.55623.15
Equity Value (M)743.51778.34814.52
Shares Outstanding (M)2,210.142,210.142,210.14
Fair Value$0.34$0.35$0.37
Upside / Downside-90.86%-90.43%-89.99%

High-Yield Dividend Screener

« Prev Page 19 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SIGISelective Insurance Group, Inc.1.77%$1.4822.19%
FUSBFirst US Bancshares, Inc.1.76%$0.2526.72%
RRyder System, Inc.1.76%$3.4128.29%
RGAReinsurance Group of America, Incorporated1.75%$3.5527.34%
TFG.ASTetragon Financial Group Limited1.75%$0.303.32%
WFCWells Fargo & Company1.75%$1.6725.46%
HCKTThe Hackett Group, Inc.1.74%$0.3485.97%
LEGLeggett & Platt, Incorporated1.74%$0.1911.94%
RPRXRoyalty Pharma plc1.74%$0.6749.36%
SFBCSound Financial Bancorp, Inc.1.74%$0.7637.96%
SXTSensient Technologies Corporation1.74%$1.6350.00%
MKTXMarketAxess Holdings Inc.1.73%$3.0952.31%
PRGPROG Holdings, Inc.1.73%$0.5112.57%
STELStellar Bancorp, Inc.1.73%$0.5326.88%
UFCSUnited Fire Group, Inc.1.73%$0.6214.63%
AMALAmalgamated Financial Corp.1.72%$0.5516.32%
BKThe Bank of New York Mellon Corporation1.72%$2.0127.06%
COWNCowen Inc.1.72%$0.6733.32%
DGDollar General Corporation1.72%$2.3540.66%
AMKRAmkor Technology, Inc.1.71%$0.7359.04%
DTFDTF Tax-Free Income 2028 Term Fund Inc.1.71%$0.2080.42%
ERIEErie Indemnity Company1.71%$4.7538.59%
FLXSFlexsteel Industries, Inc.1.71%$0.6817.01%
MTCHMatch Group, Inc.1.71%$0.5425.07%
LBRTLiberty Energy Inc.1.70%$0.3228.43%
OVBCOhio Valley Banc Corp.1.70%$0.6728.36%
WTFCWintrust Financial Corporation1.70%$2.4320.92%
BANFBancFirst Corporation1.69%$1.8025.72%
BDLFlanigan's Enterprises, Inc.1.69%$0.5021.50%
CDHAXCalvert International Responsible Idx A1.69%$0.6441.92%
CINRSisecam Resources LP1.69%$0.3419.21%
EXPOExponent, Inc.1.69%$1.1858.07%
GDGeneral Dynamics Corporation1.69%$5.8037.41%
HQIHireQuest, Inc.1.69%$0.1836.36%
OTFBlue Owl Technology Finance Corp.1.69%$0.249.20%
PHINPHINIA Inc.1.68%$1.0947.78%
PTRSPartners Bancorp1.68%$0.1213.62%
RNGRRanger Energy Services, Inc.1.67%$0.2434.90%
HQHAbrdn Healthcare Investors1.66%$0.316.95%
JILLJ.Jill, Inc.1.66%$0.2310.45%
PSH.ASPershing Square Holdings, Ltd.1.65%$0.856.48%
SKTTanger Inc.1.65%$0.5558.16%
USCBUSCB Financial Holdings, Inc.1.64%$0.3018.70%
BOTJBank of the James Financial Group, Inc.1.62%$0.3026.41%
RSReliance Steel & Aluminum Co.1.62%$4.7834.66%
SCIService Corporation International1.62%$1.2533.57%
SMLPSummit Midstream Partners, LP1.62%$0.596.02%
TKRThe Timken Company1.62%$1.4032.90%
TRINLTrinity Capital Inc. - 7.00% No1.62%$0.4120.50%
CARRCarrier Global Corporation1.61%$0.8618.56%