Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Merchants Property Operation & Service Co., Ltd. (001914.SZ)

Company Dividend Discount ModelIndustry: Real Estate - DevelopmentSector: Real Estate

Valuation Snapshot

Stable Growth$17.33 - $39.26$25.18
Multi-Stage$12.12 - $13.26$12.68
Blended Fair Value$18.93
Current Price$12.20
Upside55.16%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-7.96%-12.27%0.260.200.210.240.280.390.460.550.710.98
YoY Growth--26.90%-3.31%-14.12%-11.68%-29.03%-14.71%-17.49%-21.65%-27.97%2.93%
Dividend Yield--2.16%1.97%1.38%1.39%1.40%1.65%5.09%6.08%5.82%10.71%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)906.87
(-) Cash Dividends Paid (M)22.97
(=) Cash Retained (M)883.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)181.37113.3668.02
Cash Retained (M)883.90883.90883.90
(-) Cash Required (M)-181.37-113.36-68.02
(=) Excess Retained (M)702.53770.54815.89
(/) Shares Outstanding (M)1,059.451,059.451,059.45
(=) Excess Retained per Share0.660.730.77
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.660.730.77
(=) Adjusted Dividend0.680.750.79
WACC / Discount Rate9.67%9.67%9.67%
Growth Rate5.50%6.50%7.50%
Fair Value$17.33$25.18$39.26
Upside / Downside42.07%106.37%221.78%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)906.87965.811,028.591,095.451,166.661,242.491,279.76
Payout Ratio2.53%20.03%37.52%55.01%72.51%90.00%92.50%
Projected Dividends (M)22.97193.41385.92602.64845.901,118.241,183.78

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.67%9.67%9.67%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)174.71176.36178.02
Year 2 PV (M)314.88320.88326.93
Year 3 PV (M)444.15456.90469.89
Year 4 PV (M)563.13584.79607.06
Year 5 PV (M)672.43704.91738.63
PV of Terminal Value (M)10,675.2211,190.8311,726.18
Equity Value (M)12,844.5113,434.6614,046.71
Shares Outstanding (M)1,059.451,059.451,059.45
Fair Value$12.12$12.68$13.26
Upside / Downside-0.63%3.94%8.68%

High-Yield Dividend Screener

« Prev Page 22 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0K58.LNOV Inc.1.29%$0.2015.83%
CONConcentra Group Holdings Parent, Inc.1.29%$0.2520.88%
CSGSCSG Systems International, Inc.1.28%$0.9832.90%
CSLCarlisle Companies Incorporated1.28%$4.2023.23%
JKHYJack Henry & Associates, Inc.1.28%$2.2934.69%
MSAMSA Safety Incorporated1.28%$2.0829.19%
PAHCPhibro Animal Health Corporation1.28%$0.4828.68%
WMGWarner Music Group Corp.1.28%$0.3961.67%
0K4C.LNRG Energy, Inc.1.27%$2.1028.38%
DCIDonaldson Company, Inc.1.27%$1.1435.14%
TEXTerex Corporation1.27%$0.7029.49%
BCCBoise Cascade Company1.26%$0.9318.09%
BCMLBayCom Corp1.25%$0.3616.94%
MSCIMSCI Inc.1.25%$7.0744.68%
PRMWPrimo Water Corporation1.25%$0.3561.28%
ESIElement Solutions Inc1.24%$0.3232.50%
LECOLincoln Electric Holdings, Inc.1.23%$3.0031.76%
MCRIMonarch Casino & Resort, Inc.1.23%$1.1826.69%
PBI-PBPitney Bowes Inc. NT 431.23%$0.2561.37%
RJFRaymond James Financial, Inc.1.23%$2.0119.48%
WFRDWeatherford International plc1.23%$1.0017.78%
AMPAmeriprise Financial, Inc.1.22%$6.0416.30%
BRCBrady Corporation1.22%$0.9623.25%
GCBCGreene County Bancorp, Inc.1.21%$0.2613.26%
RICKRCI Hospitality Holdings, Inc.1.21%$0.2815.00%
ABCAmerisourceBergen Corporation1.20%$2.2528.12%
EQBKEquity Bancshares, Inc.1.20%$0.5458.24%
HMNFHMN Financial, Inc.1.20%$0.3428.27%
IBPInstalled Building Products, Inc.1.20%$3.2234.18%
CHHChoice Hotels International, Inc.1.19%$1.1513.93%
EQCEquity Commonwealth1.19%$0.028.60%
FLSFlowserve Corporation1.19%$0.8424.35%
ICEIntercontinental Exchange, Inc.1.19%$1.9033.71%
LNNLindsay Corporation1.19%$1.4421.27%
INGMIngram Micro Holding Corporation1.18%$0.2520.42%
RBARB Global, Inc.1.18%$1.2252.13%
SEICSEI Investments Company1.18%$0.9817.66%
HEESH&E Equipment Services, Inc.1.17%$1.1144.29%
WSFSWSFS Financial Corporation1.17%$0.6413.17%
ASTEAstec Industries, Inc.1.16%$0.5224.84%
GFGDThe Growth for Good Acquisition Corporation1.16%$0.1242.35%
HUBGHub Group, Inc.1.16%$0.5028.58%
NWSNews Corporation1.16%$0.3516.79%
FCXFreeport-McMoRan Inc.1.15%$0.6041.87%
GFFGriffon Corporation1.15%$0.8677.66%
LHLabcorp Holdings Inc.1.15%$2.8928.24%
YAFIXAMG Funds - AMG Yacktman Focused Fund1.15%$0.2227.84%
0L1G.LSS&C Technologies Holdings, Inc.1.14%$0.9929.41%
0M29.LXylem Inc.1.14%$1.5640.08%
DHID.R. Horton, Inc.1.14%$1.6613.80%