Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Top Energy Company Ltd.Shanxi (600780.SS)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$6.47 - $10.78$8.37
Multi-Stage$6.51 - $7.14$6.82
Blended Fair Value$7.60
Current Price$5.68
Upside33.73%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.11%-2.43%0.190.010.030.130.130.150.190.230.140.28
YoY Growth--1,164.21%-47.53%-77.74%-0.61%-16.65%-19.81%-17.00%62.37%-49.00%15.95%
Dividend Yield--3.34%0.20%0.31%3.38%2.70%4.78%4.68%5.73%2.45%5.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)614.93
(-) Cash Dividends Paid (M)6.59
(=) Cash Retained (M)608.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)122.9976.8746.12
Cash Retained (M)608.34608.34608.34
(-) Cash Required (M)-122.99-76.87-46.12
(=) Excess Retained (M)485.35531.47562.22
(/) Shares Outstanding (M)1,146.331,146.331,146.33
(=) Excess Retained per Share0.420.460.49
LTM Dividend per Share0.010.010.01
(+) Excess Retained per Share0.420.460.49
(=) Adjusted Dividend0.430.470.50
WACC / Discount Rate9.92%9.92%9.92%
Growth Rate3.09%4.09%5.09%
Fair Value$6.47$8.37$10.78
Upside / Downside13.95%47.40%89.86%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)614.93640.06666.22693.45721.79751.29773.83
Payout Ratio1.07%18.86%36.64%54.43%72.21%90.00%92.50%
Projected Dividends (M)6.59120.70244.13377.44521.24676.16715.79

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.92%9.92%9.92%
Growth Rate3.09%4.09%5.09%
Year 1 PV (M)108.75109.81110.86
Year 2 PV (M)198.18202.04205.94
Year 3 PV (M)276.06284.18292.45
Year 4 PV (M)343.50357.02370.94
Year 5 PV (M)401.48421.33441.96
PV of Terminal Value (M)6,139.766,443.386,758.91
Equity Value (M)7,467.727,817.768,181.06
Shares Outstanding (M)1,146.331,146.331,146.33
Fair Value$6.51$6.82$7.14
Upside / Downside14.69%20.07%25.65%

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%