Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Changying Xinzhi Technology Co.,Ltd. (002664.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$6.71 - $26.95$17.90
Multi-Stage$3.44 - $3.75$3.59
Blended Fair Value$10.74
Current Price$30.88
Upside-65.21%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS25.64%11.57%0.210.060.060.100.080.070.060.060.050.10
YoY Growth--260.99%0.23%-39.92%26.03%14.29%7.69%8.33%17.65%-49.00%36.36%
Dividend Yield--1.26%0.36%0.43%0.73%0.64%0.51%0.43%0.21%0.20%0.41%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)55.48
(-) Cash Dividends Paid (M)54.10
(=) Cash Retained (M)1.38
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11.106.934.16
Cash Retained (M)1.381.381.38
(-) Cash Required (M)-11.10-6.93-4.16
(=) Excess Retained (M)-9.72-5.56-2.78
(/) Shares Outstanding (M)409.30409.30409.30
(=) Excess Retained per Share-0.02-0.01-0.01
LTM Dividend per Share0.130.130.13
(+) Excess Retained per Share-0.02-0.01-0.01
(=) Adjusted Dividend0.110.120.13
WACC / Discount Rate7.21%7.21%7.21%
Growth Rate5.50%6.50%7.50%
Fair Value$6.71$17.90$26.95
Upside / Downside-78.28%-42.03%-12.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)55.4859.0862.9267.0171.3776.0178.29
Payout Ratio97.52%96.01%94.51%93.01%91.50%90.00%92.50%
Projected Dividends (M)54.1056.7359.4762.3265.3068.4172.41

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.21%7.21%7.21%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)52.4252.9153.41
Year 2 PV (M)50.7751.7452.72
Year 3 PV (M)49.1750.5852.02
Year 4 PV (M)47.6149.4451.32
Year 5 PV (M)46.0848.3150.62
PV of Terminal Value (M)1,159.921,215.951,274.12
Equity Value (M)1,405.971,468.931,534.20
Shares Outstanding (M)409.30409.30409.30
Fair Value$3.44$3.59$3.75
Upside / Downside-88.88%-88.38%-87.86%

High-Yield Dividend Screener

« Prev Page 23 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
HUBBHubbell Incorporated1.14%$5.2632.54%
MATXMatson, Inc.1.14%$1.4210.47%
SNXTD SYNNEX Corporation1.14%$1.7418.66%
ARMKAramark1.13%$0.4233.95%
CVLGCovenant Logistics Group, Inc.1.13%$0.2521.30%
EQTEQT Corporation1.13%$0.6121.38%
WHDCactus, Inc.1.13%$0.5321.20%
CFBKCF Bankshares Inc.1.12%$0.2810.89%
LIILennox International Inc.1.12%$5.5923.57%
ROLRollins, Inc.1.12%$0.6661.92%
FELEFranklin Electric Co., Inc.1.11%$1.0734.36%
GOLFAcushnet Holdings Corp.1.11%$0.9124.93%
KOPKoppers Holdings Inc.1.11%$0.3037.27%
MWAMueller Water Products, Inc.1.11%$0.2721.86%
RSGRepublic Services, Inc.1.11%$2.3334.47%
0HOU.LBorgWarner Inc.1.10%$0.5080.60%
0K3H.LMotorola Solutions, Inc.1.10%$4.2033.55%
FBKFB Financial Corporation1.10%$0.6232.29%
AGCOAGCO Corporation1.09%$1.1623.05%
VREVeris Residential, Inc.1.09%$0.1626.28%
ALSNAllison Transmission Holdings, Inc.1.08%$1.0712.88%
CSVCarriage Services, Inc.1.08%$0.4514.21%
LFUSLittelfuse, Inc.1.08%$2.8359.57%
OSBCOld Second Bancorp, Inc.1.08%$0.2115.92%
TPXTempur Sealy International, Inc.1.08%$0.6242.01%
WSCWillScot Holdings Corporation1.08%$0.2117.16%
BVHBluegreen Vacations Holding Corporation1.07%$0.8018.69%
HNNAZHennessy Advisors, Inc. 4.875% Notes due 20261.07%$0.2721.11%
HTBHomeTrust Bancshares, Inc.1.07%$0.4612.57%
ZBHZimmer Biomet Holdings, Inc.1.07%$0.9623.70%
DOVDover Corporation1.05%$2.0612.63%
NDAQNasdaq, Inc.1.05%$1.0136.06%
0H9N.LAecom1.04%$1.0023.78%
BODYThe Beachbody Company, Inc.1.04%$0.101.61%
LYTSLSI Industries Inc.1.04%$0.1924.09%
UNTYUnity Bancorp, Inc.1.04%$0.5310.03%
CTVACorteva, Inc.1.03%$0.7029.41%
TJXThe TJX Companies, Inc.1.03%$1.5935.03%
ABCBAmeris Bancorp1.02%$0.7613.03%
CRAICRA International, Inc.1.02%$2.0523.94%
CTA-PBE. I. du Pont de Nemours and Company1.02%$0.7029.41%
FNWDFinward Bancorp1.02%$0.3633.06%
HSIIHeidrick & Struggles International, Inc.1.02%$0.6034.74%
LNGCheniere Energy, Inc.1.02%$2.0211.09%
0HTG.LCardinal Health, Inc.1.01%$2.0731.03%
0I4X.LCrown Holdings, Inc.1.01%$1.0312.58%
CMCCommercial Metals Company1.01%$0.7296.19%
TRTootsie Roll Industries, Inc.1.01%$0.3627.67%
KNXKnight-Swift Transportation Holdings Inc.1.00%$0.5259.68%
PNFPPinnacle Financial Partners, Inc.1.00%$0.9611.84%