Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Guangdong Hec Technologyholding Co., Ltd (600673.SS)

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

Valuation Snapshot

Stable Growth$20.54 - $65.73$61.60
Multi-Stage$8.70 - $9.53$9.11
Blended Fair Value$35.35
Current Price$23.28
Upside51.86%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.40%15.13%0.470.140.390.170.180.220.110.150.160.11
YoY Growth--231.69%-63.60%126.60%-6.60%-16.40%92.76%-23.41%-8.22%40.75%0.45%
Dividend Yield--4.71%1.62%4.33%2.33%3.69%3.13%1.19%1.46%2.22%1.34%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)968.03
(-) Cash Dividends Paid (M)294.70
(=) Cash Retained (M)673.33
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)193.61121.0072.60
Cash Retained (M)673.33673.33673.33
(-) Cash Required (M)-193.61-121.00-72.60
(=) Excess Retained (M)479.73552.33600.73
(/) Shares Outstanding (M)2,928.902,928.902,928.90
(=) Excess Retained per Share0.160.190.21
LTM Dividend per Share0.100.100.10
(+) Excess Retained per Share0.160.190.21
(=) Adjusted Dividend0.260.290.31
WACC / Discount Rate6.86%6.86%6.86%
Growth Rate5.50%6.50%7.50%
Fair Value$20.54$61.60$65.73
Upside / Downside-11.78%164.60%182.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)968.031,030.951,097.971,169.331,245.341,326.291,366.08
Payout Ratio30.44%42.35%54.27%66.18%78.09%90.00%92.50%
Projected Dividends (M)294.70436.65595.82773.83972.471,193.661,263.62

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.86%6.86%6.86%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)404.79408.63412.47
Year 2 PV (M)512.04521.79531.64
Year 3 PV (M)616.50634.20652.23
Year 4 PV (M)718.22745.84774.25
Year 5 PV (M)817.25856.72897.71
PV of Terminal Value (M)22,423.6123,506.6824,631.20
Equity Value (M)25,492.4126,673.8627,899.49
Shares Outstanding (M)2,928.902,928.902,928.90
Fair Value$8.70$9.11$9.53
Upside / Downside-62.61%-60.88%-59.08%

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%