Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ZF Steering Gear (India) Limited (ZFSTEERING.BO)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$246.47 - $598.43$366.45
Multi-Stage$175.29 - $191.36$183.18
Blended Fair Value$274.81
Current Price$1,016.95
Upside-72.98%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS170.42%-0.23%7.755.090.000.090.090.059.409.360.0326.22
YoY Growth--52.21%0.00%-100.00%0.00%60.00%-99.43%0.44%34,828.00%-99.90%230.94%
Dividend Yield--0.66%0.44%0.00%0.02%0.02%0.02%1.87%0.89%0.00%1.71%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)105.90
(-) Cash Dividends Paid (M)35.80
(=) Cash Retained (M)70.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)21.1813.247.94
Cash Retained (M)70.1070.1070.10
(-) Cash Required (M)-21.18-13.24-7.94
(=) Excess Retained (M)48.9256.8662.16
(/) Shares Outstanding (M)9.339.339.33
(=) Excess Retained per Share5.246.096.66
LTM Dividend per Share3.843.843.84
(+) Excess Retained per Share5.246.096.66
(=) Adjusted Dividend9.089.9310.50
WACC / Discount Rate9.39%9.39%9.39%
Growth Rate5.50%6.50%7.50%
Fair Value$246.47$366.45$598.43
Upside / Downside-75.76%-63.97%-41.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)105.90112.78120.11127.92136.24145.09149.44
Payout Ratio33.81%45.04%56.28%67.52%78.76%90.00%92.50%
Projected Dividends (M)35.8050.8067.6086.38107.30130.58138.24

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.39%9.39%9.39%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)46.0146.4446.88
Year 2 PV (M)55.4456.5057.57
Year 3 PV (M)64.1566.0067.87
Year 4 PV (M)72.1774.9577.80
Year 5 PV (M)79.5483.3987.37
PV of Terminal Value (M)1,318.741,382.441,448.57
Equity Value (M)1,636.061,709.711,786.07
Shares Outstanding (M)9.339.339.33
Fair Value$175.29$183.18$191.36
Upside / Downside-82.76%-81.99%-81.18%

High-Yield Dividend Screener

« Prev Page 23 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002293.SZLuolai Lifestyle Technology Co., Ltd.5.90%$0.6198.42%
KLBN11.SAKlabin S.A.5.90%$1.1379.59%
T9Z.DEZumtobel Group AG5.89%$0.2568.81%
4006.KLOriental Holdings Berhad5.88%$0.4091.37%
7231.KLWellcall Holdings Berhad5.88%$0.0898.90%
ALBAV.HEÅlandsbanken Abp5.88%$2.8380.11%
HSPG.OLHøland og Setskog Sparebank5.88%$9.009.64%
TAEE3.SATransmissora Aliança de Energia Elétrica S.A.5.88%$0.8249.16%
095570.KSAJ Networks Co.,Ltd.5.87%$269.8946.78%
CONSTI.HEConsti Oyj5.87%$0.6379.88%
DEDI.STDedicare AB (publ)5.87%$2.5059.86%
SUC.BKSaha-Union Public Company Limited5.87%$1.6026.76%
0QQF.LMikron Holding AG5.85%$1.2032.60%
0RNX.LAmbea AB (publ)5.85%$2.1927.21%
3459.TSamty Residential Investment Corporation5.85%$6,816.2884.59%
PLAT.ATThrace Plastics Holding Company S.A.5.85%$0.2485.91%
7229.KLFavelle Favco Berhad5.84%$0.0931.57%
M-II.BKMFC Industrial Investment Property and Leasehold Fund5.83%$0.3544.44%
NOHO.HENoHo Partners Oyj5.83%$0.4829.48%
0QN7.LVaudoise Assurances Holding S.A.5.82%$42.4142.05%
4164.SRNahdi Medical Company5.81%$5.6089.58%
5511.TWOTe Chang Construction Co., Ltd.5.81%$3.7946.23%
PPA.ATPiraeus Port Authority S.A.5.81%$2.3838.50%
WHA-R.BKWHA Corporation Public Company Limited5.81%$0.1957.71%
MULTI.OLMulticonsult ASA5.80%$10.1891.58%
QIMD.QAQatar Industrial Manufacturing Company Q.P.S.C.5.80%$0.1448.99%
000791.SZGEPIC Energy Development Co., Ltd.5.79%$0.3746.47%
0NFS.LEsprinet S.p.A.5.79%$0.3693.72%
MYS.AXMyState Limited5.79%$0.2670.40%
5299.TWOExcelliance MOS Corporation5.78%$4.1493.57%
8987.TJapan Excellent, Inc.5.78%$8,618.1168.54%
9528.SRGas Arabian Services Company5.78%$0.9877.70%
PLS.AXPLS Group Limited5.78%$0.2556.17%
1104.HKAPAC Resources Limited5.77%$0.1533.87%
9525.SRAlwasail Industrial Company5.77%$0.2085.38%
CBA.AXCommonwealth Bank of Australia5.77%$9.3079.76%
GSLGlobal Ship Lease, Inc.5.77%$2.0117.72%
5138.KLHap Seng Plantations Holdings Berhad5.76%$0.1355.68%
601088.SSChina Shenhua Energy Company Limited5.76%$2.3381.35%
ALI.AXArgo Global Listed Infrastructure Limited5.76%$0.1510.56%
000755.SZShanxi Hi-speed Group Co., Ltd.5.75%$0.2989.22%
EELT.MEEuropean Eltech Public Joint Stock Company5.75%$0.5236.41%
1846.HKEuroEyes International Eye Clinic Limited5.74%$0.1729.90%
9296.KLRCE Capital Berhad5.74%$0.0692.92%
BELA.ATJumbo S.A.5.74%$1.6068.01%
GRP-UNGranite Real Estate Investment Trust5.74%$3.4071.71%
6199.HKBank of Guizhou Co., Ltd.5.73%$0.0624.27%
6581.TWTaiwan Steel Union Co., Ltd5.73%$5.9988.31%
HAIS.JKPT Hasnur Internasional Shipping Tbk5.73%$15.3740.52%
HTSC.LHuatai Securities Co., Ltd.5.73%$1.2668.65%