Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

New Era Electronics Co., Ltd (4909.TWO)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$377.40 - $876.66$820.98
Multi-Stage$443.26 - $489.92$466.12
Blended Fair Value$643.55
Current Price$74.20
Upside767.32%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS-6.51%0.00%0.490.000.000.300.300.690.000.000.000.00
YoY Growth--0.00%0.00%-100.00%0.00%-57.14%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)446.87
(-) Cash Dividends Paid (M)70.02
(=) Cash Retained (M)376.85
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)89.3755.8633.52
Cash Retained (M)376.85376.85376.85
(-) Cash Required (M)-89.37-55.86-33.52
(=) Excess Retained (M)287.48320.99343.34
(/) Shares Outstanding (M)94.3094.3094.30
(=) Excess Retained per Share3.053.403.64
LTM Dividend per Share0.740.740.74
(+) Excess Retained per Share3.053.403.64
(=) Adjusted Dividend3.794.154.38
WACC / Discount Rate-1.02%-1.02%-1.02%
Growth Rate-2.00%-1.00%0.00%
Fair Value$377.40$820.98$876.66
Upside / Downside408.62%1,006.44%1,081.48%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)446.87442.40437.98433.60429.26424.97437.72
Payout Ratio15.67%30.53%45.40%60.27%75.13%90.00%92.50%
Projected Dividends (M)70.02135.09198.85261.32322.52382.47404.89

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-1.02%-1.02%-1.02%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)135.09136.47137.85
Year 2 PV (M)198.87202.95207.07
Year 3 PV (M)261.36269.45277.69
Year 4 PV (M)322.59335.96349.74
Year 5 PV (M)382.58402.50423.24
PV of Terminal Value (M)40,500.2442,609.1844,805.07
Equity Value (M)41,800.7343,956.5146,200.67
Shares Outstanding (M)94.3094.3094.30
Fair Value$443.26$466.12$489.92
Upside / Downside497.39%528.20%560.27%

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%