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 22 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
TC.BKTropical Canning (Thailand) Public Company Limited6.05%$0.3042.33%
8984.TDaiwa House REIT Investment Corporation6.04%$8,653.9981.69%
0R40.LRai Way S.p.A.6.03%$0.3399.60%
3600.HKModern Dental Group Limited6.03%$0.3234.31%
003460.KSYuhwa Securities co.,ltd.6.02%$162.4583.00%
298540.KQThe Nature Holdings Co., Ltd.6.02%$521.4476.58%
6263.TWOPlanet Technology Corporation6.02%$7.8695.87%
NZX.NZNZX Limited6.02%$0.0977.46%
WLMM3.SAWLM Participações e Comércio de Máquinas e Veículos S.A.6.02%$1.2340.06%
1760.HKIntron Technology Holdings Limited6.01%$0.1230.56%
5209.KLGas Malaysia Berhad6.01%$0.2682.61%
ALLAN.PALanson-BCC6.01%$1.9626.09%
QAMC.QAQatar Aluminium Manufacturing Company Q.P.S.C.6.00%$0.1074.36%
0237.HKSafety Godown Company, Limited5.99%$0.1271.07%
8986.TDaiwa Securities Living Investment Corporation5.99%$6,829.9063.32%
ASX.AXASX Limited5.99%$3.0867.16%
MKP.TOMCAN Mortgage Corporation5.99%$1.3574.01%
0QMU.LCompagnie Financière Richemont S.A.5.98%$6.9167.79%
8924.TWOO-TA Precision Industry Co., Ltd.5.98%$4.2980.38%
FMTY14.MXFibra Mty, S.A.P.I. de C.V.5.98%$0.9346.45%
HUMAN.BKHumanica Public Company Limited5.98%$0.3074.76%
603368.SSGuangxi LiuYao Group Co., Ltd5.97%$1.0653.83%
6069.HKSY Holdings Group Limited5.97%$0.6797.72%
ASII.JKPT Astra International Tbk5.97%$405.7550.28%
PXT.TOParex Resources Inc.5.97%$1.1286.22%
SBSafe Bulkers, Inc.5.97%$0.2964.01%
1562.KLSports Toto Berhad5.96%$0.0849.23%
8442.TWWW Holding Inc.5.96%$4.1972.79%
NTV.BKNonthavej Hospital Public Company Limited5.96%$1.3766.11%
WLE.AXWAM Leaders Limited5.96%$0.088.04%
094280.KSHyosung ITX Co. Ltd.5.95%$751.7670.97%
O3P.DEÖsterreichische Post AG5.95%$1.8898.14%
PWO.DEPWO AG5.95%$1.7548.89%
0898.HKMultifield International Holdings Limited5.94%$0.069.32%
1155.KLMalayan Banking Berhad5.94%$0.6272.18%
PORT3.SAWilson Sons S.A.5.94%$1.1173.49%
009680.KSMotonic Corporation5.93%$599.0842.49%
3010.SRArabian Cement Company5.93%$1.2991.83%
PGW.NZPGG Wrightson Limited5.93%$0.1370.38%
0GX2.LNeurones S.A.5.92%$2.4961.25%
4012.SRThob Al Aseel Company5.92%$0.2089.05%
9585.SRMulkia Investment Co.5.92%$2.0137.97%
HEN.DEHenkel AG & Co. KGaA5.92%$3.8741.88%
KKP.BKKiatnakin Phatra Bank Public Company Limited5.92%$4.0263.80%
030000.KSCheil Worldwide Inc.5.91%$1,232.9368.46%
0RCW.LKid ASA5.91%$8.0099.60%
ARSA.MEArsagera Asset Management5.91%$0.5052.65%
DBM.TODoman Building Materials Group Ltd.5.91%$0.5665.99%
DU.AEEmirates Integrated Telecommunications Company PJSC5.91%$0.5895.05%
NXR-UN.TONexus Industrial REIT5.91%$0.4757.77%