Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

SDIC Zhonglu Fruit Juice Co.,Ltd. (600962.SS)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$6.50 - $28.27$11.30
Multi-Stage$7.84 - $8.61$8.22
Blended Fair Value$9.76
Current Price$21.44
Upside-54.47%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.82%-4.87%0.110.140.140.120.130.120.090.040.080.18
YoY Growth---24.89%-1.90%17.43%-6.53%7.15%40.39%114.94%-51.19%-55.15%5.98%
Dividend Yield--0.83%1.42%0.97%1.24%1.78%1.53%0.88%0.31%0.48%1.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)56.92
(-) Cash Dividends Paid (M)17.11
(=) Cash Retained (M)39.81
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11.387.124.27
Cash Retained (M)39.8139.8139.81
(-) Cash Required (M)-11.38-7.12-4.27
(=) Excess Retained (M)28.4332.7035.54
(/) Shares Outstanding (M)262.23262.23262.23
(=) Excess Retained per Share0.110.120.14
LTM Dividend per Share0.070.070.07
(+) Excess Retained per Share0.110.120.14
(=) Adjusted Dividend0.170.190.20
WACC / Discount Rate5.52%5.52%5.52%
Growth Rate2.78%3.78%4.78%
Fair Value$6.50$11.30$28.27
Upside / Downside-69.66%-47.29%31.87%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)56.9259.0761.3063.6266.0268.5270.57
Payout Ratio30.06%42.05%54.04%66.02%78.01%90.00%92.50%
Projected Dividends (M)17.1124.8433.1342.0051.5161.6765.28

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.52%5.52%5.52%
Growth Rate2.78%3.78%4.78%
Year 1 PV (M)23.3123.5423.77
Year 2 PV (M)29.1829.7530.33
Year 3 PV (M)34.7335.7536.79
Year 4 PV (M)39.9641.5443.17
Year 5 PV (M)44.9147.1349.45
PV of Terminal Value (M)1,884.611,978.092,075.25
Equity Value (M)2,056.692,155.802,258.75
Shares Outstanding (M)262.23262.23262.23
Fair Value$7.84$8.22$8.61
Upside / Downside-63.42%-61.66%-59.82%

High-Yield Dividend Screener

« Prev Page 2 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
GHYPGIM Global High Yield Fund, Inc15.29%$1.8962.38%
BGRBlackRock Energy and Resources Trust15.26%$2.1298.26%
BOEBlackRock Enhanced Global Dividend Trust15.09%$1.7867.28%
FENFirst Trust Energy Income and Growth Fund15.00%$2.4049.79%
SOJESouthern Company (The) Series 214.95%$2.6967.01%
PSFCohen & Steers Select Preferred and Income Fund, Inc.14.84%$3.0256.28%
EVGEaton Vance Short Duration Diversified Income Fund14.82%$1.6271.62%
LDPCohen & Steers Limited Duration Preferred and Income Fund, Inc.14.73%$3.1554.69%
DNPDNP Select Income Fund Inc.14.64%$1.4553.01%
JRSNuveen Real Estate Income Fund14.56%$1.1189.79%
DPGDuff & Phelps Utility and Infrastructure Fund Inc.14.47%$1.8654.60%
BSTBlackRock Science and Technology Trust14.42%$5.8646.91%
MPAIXMorgan Stanley Insti Fd Advantage Portfolio Cl I14.33%$4.0043.20%
JCAPJefferson Capital, Inc. Common Stock14.11%$3.1245.65%
PHTPioneer High Income Fund, Inc.13.99%$1.1961.96%
RZC7.125% Fixed-Rate Reset Subordinated Debentures due 205213.93%$3.5527.34%
RNPCohen & Steers REIT and Preferred Income Fund, Inc.13.88%$2.7761.92%
DOMHDominari Holdings Inc.13.87%$0.7010.86%
STT-PDState Street Corporation13.86%$3.4633.48%
FCTFirst Trust Senior Floating Rate Income Fund II13.80%$1.3867.42%
VIRTVirtu Financial, Inc.13.57%$4.4389.50%
DHFBNY Mellon High Yield Strategies Fund13.55%$0.3461.16%
JHIJohn Hancock Investors Trust13.15%$1.7974.97%
AIOVirtus Artificial Intelligence & Technology Opportunities Fund12.91%$2.8238.01%
UTFCohen & Steers Infrastructure Fund, Inc12.84%$3.1453.56%
DFPFlaherty & Crumrine Dynamic Preferred and Income Fund Inc.12.81%$2.6848.05%
WEAWestern Asset Premier Bond Fund12.81%$1.4380.16%
TPZTortoise Essential Energy Fund12.76%$2.6467.76%
FTFranklin Universal Trust12.72%$1.0256.42%
CSQCalamos Strategic Total Return Fund12.70%$2.4351.10%
HYBThe New America High Income Fund Inc.12.68%$1.0463.42%
NBBNuveen Taxable Municipal Income Fund12.66%$2.0085.04%
RWAYRunway Growth Finance Corp.12.66%$1.1475.51%
ELVTElevate Credit, Inc.12.61%$0.2475.91%
NDPTortoise Energy Independence Fund, Inc.12.60%$5.0986.32%
BCEICivitas Resources, Inc.12.58%$7.0698.41%
GENVRGen Digital Inc. Contingent Value Rights12.54%$0.5054.91%
SOJCThe Southern Company JR 2017B NT 7712.31%$2.6967.01%
BTOJohn Hancock Financial Opportunities Fund12.25%$4.3229.72%
FEIFirst Trust MLP and Energy Income Fund12.21%$1.2058.56%
PCNPIMCO Corporate & Income Strategy Fund12.19%$1.5568.95%
HTDJohn Hancock Tax-Advantaged Dividend Income Fund12.17%$2.9051.08%
NIEVirtus Equity & Convertible Income Fund12.17%$3.0445.26%
PFDFlaherty & Crumrine Preferred Income Fund Inc.11.99%$1.4348.51%
TYGTortoise Energy Infrastructure Corporation11.98%$4.9643.95%
FPLFirst Trust New Opportunities MLP & Energy Fund11.82%$0.9254.20%
BTZBlackRock Credit Allocation Income Trust11.69%$1.2692.75%
BHBFXMadison Dividend Income Fd Cl Y11.61%$2.8540.22%
CGABLThe Carlyle Group Inc. 4.625% Subordinated Notes due 206111.57%$2.0197.92%
DBLDoubleLine Opportunistic Credit Fund11.57%$1.7652.03%