Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

COSCO SHIPPING Specialized Carriers Co.,Ltd. (600428.SS)

Company Dividend Discount ModelIndustry: Marine ShippingSector: Industrials

Valuation Snapshot

Stable Growth$36.92 - $143.61$103.39
Multi-Stage$17.28 - $18.92$18.08
Blended Fair Value$60.74
Current Price$6.67
Upside810.62%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS18.00%17.81%0.330.270.130.090.120.140.150.110.090.09
YoY Growth--22.08%100.96%42.00%-19.03%-18.88%-1.26%36.29%20.65%-0.93%39.93%
Dividend Yield--4.91%4.58%2.12%2.13%2.97%4.55%3.16%2.26%1.21%1.35%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,657.34
(-) Cash Dividends Paid (M)113.98
(=) Cash Retained (M)1,543.36
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)331.47207.17124.30
Cash Retained (M)1,543.361,543.361,543.36
(-) Cash Required (M)-331.47-207.17-124.30
(=) Excess Retained (M)1,211.891,336.191,419.06
(/) Shares Outstanding (M)2,295.142,295.142,295.14
(=) Excess Retained per Share0.530.580.62
LTM Dividend per Share0.050.050.05
(+) Excess Retained per Share0.530.580.62
(=) Adjusted Dividend0.580.630.67
WACC / Discount Rate7.15%7.15%7.15%
Growth Rate5.50%6.50%7.50%
Fair Value$36.92$103.39$143.61
Upside / Downside453.50%1,450.15%2,053.06%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,657.341,765.061,879.792,001.982,132.112,270.692,338.82
Payout Ratio6.88%23.50%40.13%56.75%73.38%90.00%92.50%
Projected Dividends (M)113.98414.82754.291,136.141,564.442,043.632,163.40

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.15%7.15%7.15%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)383.50387.14390.77
Year 2 PV (M)644.69656.97669.37
Year 3 PV (M)897.75923.52949.78
Year 4 PV (M)1,142.851,186.801,232.01
Year 5 PV (M)1,380.191,446.851,516.07
PV of Terminal Value (M)35,199.8336,900.0038,665.23
Equity Value (M)39,648.8141,501.2843,423.22
Shares Outstanding (M)2,295.142,295.142,295.14
Fair Value$17.28$18.08$18.92
Upside / Downside159.00%171.10%183.65%

High-Yield Dividend Screener

« Prev Page 20 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PZU.WAPowszechny Zaklad Ubezpieczen S.A.6.34%$4.3461.18%
TIMS3.SATIM S.A.6.34%$1.3782.19%
5027.KLKim Loong Resources Berhad6.33%$0.1590.58%
600177.SSYoungor Group Co.,Ltd6.33%$0.4885.43%
MQG.AXMacquarie Group Limited6.33%$12.8967.45%
1286.HKImpro Precision Industries Limited6.32%$0.3247.46%
2199.HKRegina Miracle International (Holdings) Limited6.32%$0.1551.30%
4331.SRAljazira Mawten REIT Fund6.32%$0.7471.72%
8284.TWOMitake Information Corporation6.32%$3.9988.71%
B7E.DEBlue Cap AG6.32%$1.0945.09%
SHAF.SWSchaeffler AG6.32%$0.4699.67%
2069.TWYuen Chang Stainless Steel Co., Ltd.6.31%$1.1672.53%
603369.SSJiangsu King's Luck Brewery Joint-Stock Co., Ltd.6.31%$2.2095.23%
035600.KQKginicis Co.,Ltd6.30%$640.7433.42%
3859.KLMagnum Berhad6.30%$0.0963.20%
600582.SSTiandi Science & Technology Co.Ltd6.29%$0.3754.45%
6281.TWE-Life Corporation6.29%$3.9796.34%
8953.TJapan Metropolitan Fund Investment Corporation6.29%$7,808.7582.66%
KYE.BKKang Yong Electric Public Company Limited6.29%$17.8046.83%
3130.TW104 Corporation6.28%$14.0798.54%
601658.SSPostal Savings Bank of China Co., Ltd.6.28%$0.3446.63%
005257.KSGreen Cross Holdings Corporation6.27%$1,649.8533.43%
4138.TWODynamic Medical Technologies Inc.6.27%$3.7785.97%
4383.KLJaya Tiasa Holdings Berhad6.27%$0.0740.20%
AH-R.BKAAPICO Hitech Public Company Limited6.27%$0.7935.60%
1093.HKCSPC Pharmaceutical Group Limited6.26%$0.5359.84%
1397.HKBaguio Green Group Limited6.26%$0.0721.64%
005440.KSHyundai Green Food Co.,Ltd.6.25%$501.5314.65%
0506.HKChina Foods Limited6.25%$0.2744.98%
0RFX.LBell Food Group AG6.25%$14.0034.79%
1345.HKShanghai Pioneer Holding Ltd6.25%$0.1461.06%
M-PAT.BKMFC Patong Heritage Property Fund6.25%$0.1267.74%
PRV-UN.TOPro Real Estate Investment Trust6.25%$0.4177.89%
2006.TWTung Ho Steel Enterprise Corporation6.24%$3.9966.06%
600867.SSTonghua Dongbao Pharmaceutical Co., Ltd.6.24%$0.5180.83%
CEKA.JKPT Wilmar Cahaya Indonesia Tbk.6.22%$149.7933.39%
TSFA.FTaiwan Semiconductor Manufacturing Company Limited6.22%$17.0027.78%
002061.SZZhejiang Communications Technology Co., Ltd.6.21%$0.2555.66%
003410.KSSsangYong C&E Co., Ltd.6.21%$434.4384.58%
6170.TWOWelldone Company6.21%$3.0864.20%
7480.TSuzuden Corporation6.21%$104.5987.83%
HMPRO-R.BKHome Product Center Public Company Limited6.21%$0.4187.39%
IPCC.JKPT Indonesia Kendaraan Terminal Tbk6.21%$86.9664.44%
4532.TWRechi Precision Co., Ltd.6.20%$1.5172.65%
OPM.PAOPmobility6.20%$1.0244.93%
BCVN.SWBanque Cantonale Vaudoise6.19%$6.2168.66%
MF.PAWendel6.19%$5.0581.14%
OVS.MIOVS S.p.A.6.19%$0.3079.04%
A5G.IRAIB Group plc6.18%$0.5848.87%
BEK-B.TOThe Becker Milk Company Limited6.18%$0.8047.42%