Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Cathay Biotech Inc. (688065.SS)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$7.08 - $10.39$8.67
Multi-Stage$10.42 - $11.46$10.93
Blended Fair Value$9.80
Current Price$52.04
Upside-81.17%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS3.02%0.00%0.220.210.320.520.010.190.270.000.000.00
YoY Growth--2.24%-33.41%-39.09%8,672.41%-96.81%-32.15%188,135.24%0.00%0.00%0.00%
Dividend Yield--0.43%0.48%0.51%0.67%0.01%0.17%0.24%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)594.46
(-) Cash Dividends Paid (M)26.51
(=) Cash Retained (M)567.95
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)118.8974.3144.58
Cash Retained (M)567.95567.95567.95
(-) Cash Required (M)-118.89-74.31-44.58
(=) Excess Retained (M)449.05493.64523.36
(/) Shares Outstanding (M)653.86653.86653.86
(=) Excess Retained per Share0.690.750.80
LTM Dividend per Share0.040.040.04
(+) Excess Retained per Share0.690.750.80
(=) Adjusted Dividend0.730.800.84
WACC / Discount Rate9.16%9.16%9.16%
Growth Rate-1.01%-0.01%0.99%
Fair Value$7.08$8.67$10.39
Upside / Downside-86.40%-83.33%-80.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)594.46594.39594.32594.24594.17594.10611.92
Payout Ratio4.46%21.57%38.68%55.78%72.89%90.00%92.50%
Projected Dividends (M)26.51128.20229.86331.49433.10534.69566.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.16%9.16%9.16%
Growth Rate-1.01%-0.01%0.99%
Year 1 PV (M)116.27117.44118.62
Year 2 PV (M)189.07192.91196.78
Year 3 PV (M)247.29254.86262.59
Year 4 PV (M)293.03305.05317.44
Year 5 PV (M)328.09345.00362.60
PV of Terminal Value (M)5,640.115,930.816,233.38
Equity Value (M)6,813.857,146.077,491.41
Shares Outstanding (M)653.86653.86653.86
Fair Value$10.42$10.93$11.46
Upside / Downside-79.98%-79.00%-77.98%

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%