Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhende Medical Co., Ltd. (603301.SS)

Company Dividend Discount ModelIndustry: Medical - Instruments & SuppliesSector: Healthcare

Valuation Snapshot

Stable Growth$28.39 - $93.62$46.19
Multi-Stage$19.26 - $21.00$20.11
Blended Fair Value$33.15
Current Price$46.66
Upside-28.95%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS22.26%10.25%0.591.580.612.030.290.220.080.080.080.14
YoY Growth---62.38%157.97%-69.79%594.25%34.22%177.62%-1.60%-5.61%-40.12%-37.09%
Dividend Yield--2.75%7.60%1.70%5.14%0.51%0.77%0.39%0.55%0.58%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)280.90
(-) Cash Dividends Paid (M)191.55
(=) Cash Retained (M)89.35
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)56.1835.1121.07
Cash Retained (M)89.3589.3589.35
(-) Cash Required (M)-56.18-35.11-21.07
(=) Excess Retained (M)33.1754.2468.28
(/) Shares Outstanding (M)268.34268.34268.34
(=) Excess Retained per Share0.120.200.25
LTM Dividend per Share0.710.710.71
(+) Excess Retained per Share0.120.200.25
(=) Adjusted Dividend0.840.920.97
WACC / Discount Rate8.61%8.61%8.61%
Growth Rate5.50%6.50%7.50%
Fair Value$28.39$46.19$93.62
Upside / Downside-39.15%-1.01%100.64%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)280.90299.15318.60339.31361.36384.85396.40
Payout Ratio68.19%72.55%76.91%81.28%85.64%90.00%92.50%
Projected Dividends (M)191.55217.04245.05275.78309.47346.37366.67

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.61%8.61%8.61%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)197.96199.84201.71
Year 2 PV (M)203.85207.73211.65
Year 3 PV (M)209.24215.24221.36
Year 4 PV (M)214.15222.38230.85
Year 5 PV (M)218.61229.17240.13
PV of Terminal Value (M)4,123.814,322.994,529.79
Equity Value (M)5,167.605,397.355,635.50
Shares Outstanding (M)268.34268.34268.34
Fair Value$19.26$20.11$21.00
Upside / Downside-58.73%-56.89%-54.99%

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%