Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

YanKer shop Food Co.,Ltd (002847.SZ)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$139.76 - $548.81$385.85
Multi-Stage$65.50 - $71.75$68.57
Blended Fair Value$227.21
Current Price$70.10
Upside224.12%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS80.29%29.78%1.730.780.540.560.280.090.130.110.110.00
YoY Growth--121.30%46.17%-3.55%97.83%208.64%-30.89%20.84%-2.50%0.00%-100.00%
Dividend Yield--2.74%1.44%0.84%1.93%0.45%0.34%0.97%0.85%0.50%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)751.52
(-) Cash Dividends Paid (M)16.20
(=) Cash Retained (M)735.32
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)150.3093.9456.36
Cash Retained (M)735.32735.32735.32
(-) Cash Required (M)-150.30-93.94-56.36
(=) Excess Retained (M)585.02641.38678.96
(/) Shares Outstanding (M)272.33272.33272.33
(=) Excess Retained per Share2.152.362.49
LTM Dividend per Share0.060.060.06
(+) Excess Retained per Share2.152.362.49
(=) Adjusted Dividend2.212.412.55
WACC / Discount Rate7.17%7.17%7.17%
Growth Rate5.50%6.50%7.50%
Fair Value$139.76$385.85$548.81
Upside / Downside99.37%450.43%682.90%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)751.52800.37852.40907.80966.811,029.651,060.54
Payout Ratio2.16%19.72%37.29%54.86%72.43%90.00%92.50%
Projected Dividends (M)16.20157.87317.89498.04700.27926.69981.00

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.17%7.17%7.17%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)145.93147.31148.70
Year 2 PV (M)271.62276.79282.02
Year 3 PV (M)393.37404.66416.16
Year 4 PV (M)511.26530.92551.15
Year 5 PV (M)625.39655.60686.96
PV of Terminal Value (M)15,889.8916,657.3817,454.24
Equity Value (M)17,837.4618,672.6619,539.22
Shares Outstanding (M)272.33272.33272.33
Fair Value$65.50$68.57$71.75
Upside / Downside-6.56%-2.19%2.35%

High-Yield Dividend Screener

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