Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Jiangsu Broadcasting Cable Information Network Corporation Limited (600959.SS)

Company Dividend Discount ModelIndustry: BroadcastingSector: Communication Services

Valuation Snapshot

Stable Growth$0.40 - $0.53$0.47
Multi-Stage$0.72 - $0.79$0.75
Blended Fair Value$0.61
Current Price$3.62
Upside-83.16%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-15.20%-8.58%0.040.040.040.040.040.100.010.090.010.11
YoY Growth---2.84%22.38%-4.65%3.14%-62.51%574.58%-82.93%737.18%-90.93%6.43%
Dividend Yield--1.31%1.42%1.09%1.17%1.20%2.75%0.26%1.20%0.10%1.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)455.94
(-) Cash Dividends Paid (M)123.48
(=) Cash Retained (M)332.46
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)91.1956.9934.20
Cash Retained (M)332.46332.46332.46
(-) Cash Required (M)-91.19-56.99-34.20
(=) Excess Retained (M)241.27275.47298.26
(/) Shares Outstanding (M)4,995.224,995.224,995.22
(=) Excess Retained per Share0.050.060.06
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.050.060.06
(=) Adjusted Dividend0.070.080.08
WACC / Discount Rate9.89%9.89%9.89%
Growth Rate-7.15%-6.15%-5.15%
Fair Value$0.40$0.47$0.53
Upside / Downside-89.00%-87.09%-85.28%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)455.94427.92401.62376.94353.77332.03341.99
Payout Ratio27.08%39.67%52.25%64.83%77.42%90.00%92.50%
Projected Dividends (M)123.48169.74209.84244.38273.88298.83316.34

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.89%9.89%9.89%
Growth Rate-7.15%-6.15%-5.15%
Year 1 PV (M)152.82154.46156.11
Year 2 PV (M)170.10173.78177.50
Year 3 PV (M)178.35184.17190.12
Year 4 PV (M)179.95187.83195.96
Year 5 PV (M)176.77186.50196.65
PV of Terminal Value (M)2,716.912,866.403,022.39
Equity Value (M)3,574.893,753.143,938.73
Shares Outstanding (M)4,995.224,995.224,995.22
Fair Value$0.72$0.75$0.79
Upside / Downside-80.23%-79.24%-78.22%

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%