Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Wedge Industrial Co.,Ltd. (000534.SZ)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$74.40 - $87.65$82.14
Multi-Stage$19.25 - $21.10$20.16
Blended Fair Value$51.15
Current Price$15.25
Upside235.43%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.13%0.68%0.230.110.110.120.100.110.220.110.190.14
YoY Growth--102.65%5.60%-11.84%18.42%-1.31%-52.75%103.37%-42.61%36.62%-35.61%
Dividend Yield--1.48%0.93%0.64%0.92%0.87%1.11%2.10%0.84%1.26%1.04%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)223.90
(-) Cash Dividends Paid (M)56.53
(=) Cash Retained (M)167.37
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)44.7827.9916.79
Cash Retained (M)167.37167.37167.37
(-) Cash Required (M)-44.78-27.99-16.79
(=) Excess Retained (M)122.59139.38150.57
(/) Shares Outstanding (M)507.99507.99507.99
(=) Excess Retained per Share0.240.270.30
LTM Dividend per Share0.110.110.11
(+) Excess Retained per Share0.240.270.30
(=) Adjusted Dividend0.350.390.41
WACC / Discount Rate5.37%5.37%5.37%
Growth Rate5.50%6.50%7.50%
Fair Value$74.40$82.14$87.65
Upside / Downside387.85%438.65%474.78%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)223.90238.45253.95270.45288.03306.76315.96
Payout Ratio25.25%38.20%51.15%64.10%77.05%90.00%92.50%
Projected Dividends (M)56.5391.08129.89173.36221.93276.08292.26

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.37%5.37%5.37%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)85.6386.4487.25
Year 2 PV (M)114.80116.99119.20
Year 3 PV (M)144.05148.19152.40
Year 4 PV (M)173.37180.04186.89
Year 5 PV (M)202.76212.55222.72
PV of Terminal Value (M)9,060.259,497.869,952.22
Equity Value (M)9,780.8610,242.0710,720.69
Shares Outstanding (M)507.99507.99507.99
Fair Value$19.25$20.16$21.10
Upside / Downside26.26%32.21%38.39%

High-Yield Dividend Screener

« Prev Page 20 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
SMBCSouthern Missouri Bancorp, Inc.1.61%$0.9417.19%
VIRCVirco Mfg. Corporation1.61%$0.1041.34%
CNOCNO Financial Group, Inc.1.60%$0.6722.53%
IVTInvenTrust Properties Corp.1.60%$0.4529.49%
KBRKBR, Inc.1.60%$0.6521.84%
OBKOrigin Bancorp, Inc.1.60%$0.6031.45%
TNCTennant Company1.60%$1.1839.96%
DELLDell Technologies Inc.1.59%$2.0327.33%
RVSBRiverview Bancorp, Inc.1.59%$0.0835.84%
0HPW.LBroadridge Financial Solutions, Inc.1.58%$3.4944.54%
CCFChase Corporation1.58%$2.0157.26%
MSIFMSC Income Fund, Inc.1.58%$0.2112.72%
PRIPrimerica, Inc.1.58%$4.1018.44%
IEXIDEX Corporation1.57%$2.8244.28%
LHXL3Harris Technologies, Inc.1.57%$4.7951.11%
MROMarathon Oil Corporation1.57%$0.4519.02%
NEUNewMarket Corporation1.57%$10.8222.69%
PSMTPriceSmart, Inc.1.57%$1.9339.29%
TFSLTFS Financial Corporation1.57%$0.2165.45%
UFPIUFP Industries, Inc.1.57%$1.4425.79%
0M3Q.LZoetis Inc.1.56%$1.9532.55%
0K92.LNorthrop Grumman Corporation1.55%$8.8031.43%
0QZ5.LCognizant Technology Solutions Corporation1.55%$1.2528.62%
EMREmerson Electric Co.1.55%$2.1151.98%
SYFSynchrony Financial1.55%$1.3213.96%
TXRHTexas Roadhouse, Inc.1.55%$2.6540.30%
0HQW.LC.H. Robinson Worldwide, Inc.1.54%$2.4850.26%
0J76.LHuntington Ingalls Industries, Inc.1.54%$5.3637.08%
BHEBenchmark Electronics, Inc.1.54%$0.6865.62%
DPZDomino's Pizza, Inc.1.54%$6.5437.90%
GRCThe Gorman-Rupp Company1.54%$0.7438.69%
DFSDiscover Financial Services1.53%$3.0616.08%
SPFISouth Plains Financial, Inc.1.53%$0.5916.67%
JMSBJohn Marshall Bancorp, Inc.1.52%$0.3029.07%
0J3H.LThe Hartford Financial Services Group, Inc.1.51%$2.0616.53%
TRVThe Travelers Companies, Inc.1.51%$4.2916.63%
CISMXClarkston Partners Fund Institutional Class1.50%$0.1932.74%
FCAPFirst Capital, Inc.1.50%$0.8828.53%
MGYRMagyar Bancorp, Inc.1.50%$0.2622.66%
OBTOrange County Bancorp, Inc.1.50%$0.4315.62%
OSKOshkosh Corporation1.50%$1.9919.24%
SAICScience Applications International Corporation1.50%$1.5119.14%
FULH.B. Fuller Company1.49%$0.9043.28%
CBNKCapital Bancorp, Inc.1.48%$0.4114.04%
FRBAFirst Bank1.48%$0.2414.40%
ANDEThe Andersons, Inc.1.47%$0.7836.39%
IROQIF Bancorp, Inc.1.47%$0.4025.40%
WMWaste Management, Inc.1.47%$3.2250.78%
ATRAptarGroup, Inc.1.45%$1.7828.44%
CHXChampionX Corporation1.45%$0.3724.70%