Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shandong Humon Smelting Co., Ltd. (002237.SZ)

Company Dividend Discount ModelIndustry: Industrial MaterialsSector: Basic Materials

Valuation Snapshot

Stable Growth$7.52 - $14.14$10.21
Multi-Stage$10.39 - $11.38$10.88
Blended Fair Value$10.54
Current Price$14.97
Upside-29.57%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.82%1.61%0.350.210.290.330.260.290.370.300.200.29
YoY Growth--65.52%-28.25%-12.78%26.44%-7.91%-22.44%25.08%44.99%-30.77%-0.08%
Dividend Yield--3.05%1.79%2.48%3.11%2.25%2.25%3.73%2.84%1.81%2.98%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)633.76
(-) Cash Dividends Paid (M)389.56
(=) Cash Retained (M)244.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)126.7579.2247.53
Cash Retained (M)244.20244.20244.20
(-) Cash Required (M)-126.75-79.22-47.53
(=) Excess Retained (M)117.45164.98196.67
(/) Shares Outstanding (M)1,278.861,278.861,278.86
(=) Excess Retained per Share0.090.130.15
LTM Dividend per Share0.300.300.30
(+) Excess Retained per Share0.090.130.15
(=) Adjusted Dividend0.400.430.46
WACC / Discount Rate7.18%7.18%7.18%
Growth Rate1.82%2.82%3.82%
Fair Value$7.52$10.21$14.14
Upside / Downside-49.75%-31.79%-5.56%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)633.76651.62669.99688.87708.29728.25750.10
Payout Ratio61.47%67.17%72.88%78.59%84.29%90.00%92.50%
Projected Dividends (M)389.56437.73488.30541.37597.04655.43693.84

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.18%7.18%7.18%
Growth Rate1.82%2.82%3.82%
Year 1 PV (M)404.41408.38412.36
Year 2 PV (M)416.80425.03433.33
Year 3 PV (M)426.93439.64452.59
Year 4 PV (M)435.01452.35470.21
Year 5 PV (M)441.20463.30486.27
PV of Terminal Value (M)11,161.1611,720.1312,301.27
Equity Value (M)13,285.5213,908.8214,556.02
Shares Outstanding (M)1,278.861,278.861,278.86
Fair Value$10.39$10.88$11.38
Upside / Downside-30.60%-27.35%-23.97%

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%