Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Jiangsu Azure Corporation (002245.SZ)

Company Dividend Discount ModelIndustry: ConglomeratesSector: Industrials

Valuation Snapshot

Stable Growth$14.47 - $37.94$22.05
Multi-Stage$9.82 - $10.74$10.27
Blended Fair Value$16.16
Current Price$20.02
Upside-19.28%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.17%6.09%0.050.030.060.030.010.020.030.020.030.03
YoY Growth--34.37%-44.39%133.33%111.11%-40.00%-37.27%58.93%-15.75%-17.49%17.98%
Dividend Yield--0.33%0.40%0.44%0.12%0.11%0.55%0.67%0.23%0.27%0.37%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)719.11
(-) Cash Dividends Paid (M)99.85
(=) Cash Retained (M)619.27
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)143.8289.8953.93
Cash Retained (M)619.27619.27619.27
(-) Cash Required (M)-143.82-89.89-53.93
(=) Excess Retained (M)475.44529.38565.33
(/) Shares Outstanding (M)1,154.371,154.371,154.37
(=) Excess Retained per Share0.410.460.49
LTM Dividend per Share0.090.090.09
(+) Excess Retained per Share0.410.460.49
(=) Adjusted Dividend0.500.550.58
WACC / Discount Rate9.13%9.13%9.13%
Growth Rate5.50%6.50%7.50%
Fair Value$14.47$22.05$37.94
Upside / Downside-27.70%10.14%89.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)719.11765.85815.64868.65925.11985.251,014.80
Payout Ratio13.88%29.11%44.33%59.55%74.78%90.00%92.50%
Projected Dividends (M)99.85222.92361.58517.32691.77886.72938.69

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.13%9.13%9.13%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)202.35204.27206.19
Year 2 PV (M)297.92303.59309.32
Year 3 PV (M)386.90398.01409.33
Year 4 PV (M)469.63487.69506.27
Year 5 PV (M)546.42572.81600.22
PV of Terminal Value (M)9,432.319,887.8910,360.91
Equity Value (M)11,335.5311,854.2712,392.23
Shares Outstanding (M)1,154.371,154.371,154.37
Fair Value$9.82$10.27$10.74
Upside / Downside-50.95%-48.71%-46.38%

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%