Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Liaoning Cheng Da Co., Ltd. (600739.SS)

Company Dividend Discount ModelIndustry: Medical - DistributionSector: Healthcare

Valuation Snapshot

Stable Growth$7.01 - $11.97$9.16
Multi-Stage$12.98 - $14.26$13.61
Blended Fair Value$11.38
Current Price$12.29
Upside-7.38%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.68%15.57%0.520.590.670.640.480.340.520.330.330.32
YoY Growth---12.03%-11.62%3.69%34.88%39.44%-33.98%55.06%1.95%3.70%158.97%
Dividend Yield--4.96%5.70%5.12%4.01%2.34%1.88%3.39%1.85%1.85%1.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)862.79
(-) Cash Dividends Paid (M)398.90
(=) Cash Retained (M)463.89
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)172.56107.8564.71
Cash Retained (M)463.89463.89463.89
(-) Cash Required (M)-172.56-107.85-64.71
(=) Excess Retained (M)291.33356.04399.18
(/) Shares Outstanding (M)1,522.311,522.311,522.31
(=) Excess Retained per Share0.190.230.26
LTM Dividend per Share0.260.260.26
(+) Excess Retained per Share0.190.230.26
(=) Adjusted Dividend0.450.500.52
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate0.02%1.02%2.02%
Fair Value$7.01$9.16$11.97
Upside / Downside-42.96%-25.47%-2.64%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)862.79871.63880.56889.59898.71907.92935.15
Payout Ratio46.23%54.99%63.74%72.49%81.25%90.00%92.50%
Projected Dividends (M)398.90479.28561.27644.89730.17817.12865.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate0.02%1.02%2.02%
Year 1 PV (M)445.60450.05454.51
Year 2 PV (M)485.15494.90504.75
Year 3 PV (M)518.25533.95549.97
Year 4 PV (M)545.54567.69590.50
Year 5 PV (M)567.60596.55626.66
PV of Terminal Value (M)17,193.2318,070.0418,982.26
Equity Value (M)19,755.3820,713.1821,708.64
Shares Outstanding (M)1,522.311,522.311,522.31
Fair Value$12.98$13.61$14.26
Upside / Downside5.59%10.71%16.03%

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%