Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Xiamen Solex High-tech Industries Co., Ltd. (603992.SS)

Company Dividend Discount ModelIndustry: ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$10.22 - $19.20$13.87
Multi-Stage$8.07 - $8.80$8.43
Blended Fair Value$11.15
Current Price$31.14
Upside-64.20%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS24.46%0.00%0.440.450.120.190.160.150.081.170.010.01
YoY Growth---2.75%290.32%-38.76%17.94%8.91%87.60%-93.25%8,022.71%27.32%0.00%
Dividend Yield--1.96%2.39%0.69%1.22%0.96%0.83%0.40%5.98%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)284.34
(-) Cash Dividends Paid (M)114.43
(=) Cash Retained (M)169.92
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)56.8735.5421.33
Cash Retained (M)169.92169.92169.92
(-) Cash Required (M)-56.87-35.54-21.33
(=) Excess Retained (M)113.05134.37148.59
(/) Shares Outstanding (M)438.50438.50438.50
(=) Excess Retained per Share0.260.310.34
LTM Dividend per Share0.260.260.26
(+) Excess Retained per Share0.260.310.34
(=) Adjusted Dividend0.520.570.60
WACC / Discount Rate10.86%10.86%10.86%
Growth Rate5.50%6.50%7.50%
Fair Value$10.22$13.87$19.20
Upside / Downside-67.20%-55.47%-38.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)284.34302.83322.51343.47365.80389.57401.26
Payout Ratio40.24%50.19%60.15%70.10%80.05%90.00%92.50%
Projected Dividends (M)114.43152.00193.98240.76292.82350.62371.17

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.86%10.86%10.86%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)135.83137.11138.40
Year 2 PV (M)154.89157.84160.82
Year 3 PV (M)171.79176.72181.75
Year 4 PV (M)186.70193.88201.27
Year 5 PV (M)199.77209.41219.43
PV of Terminal Value (M)2,691.352,821.342,956.31
Equity Value (M)3,540.323,696.313,857.97
Shares Outstanding (M)438.50438.50438.50
Fair Value$8.07$8.43$8.80
Upside / Downside-74.07%-72.93%-71.75%

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%