Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Yee Hop Holdings Limited (1662.HK)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$2.49 - $4.43$3.31
Multi-Stage$4.41 - $4.85$4.63
Blended Fair Value$3.97
Current Price$3.48
Upside14.02%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS0.00%1.84%0.100.000.000.000.000.000.000.000.000.25
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-100.00%218.00%
Dividend Yield--4.12%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%25.96%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)91.77
(-) Cash Dividends Paid (M)48.00
(=) Cash Retained (M)43.77
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)18.3511.476.88
Cash Retained (M)43.7743.7743.77
(-) Cash Required (M)-18.35-11.47-6.88
(=) Excess Retained (M)25.4232.3036.89
(/) Shares Outstanding (M)499.97499.97499.97
(=) Excess Retained per Share0.050.060.07
LTM Dividend per Share0.100.100.10
(+) Excess Retained per Share0.050.060.07
(=) Adjusted Dividend0.150.160.17
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate0.49%1.49%2.49%
Fair Value$2.49$3.31$4.43
Upside / Downside-28.45%-4.92%27.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)91.7793.1494.5395.9597.3898.83101.80
Payout Ratio52.30%59.84%67.38%74.92%82.46%90.00%92.50%
Projected Dividends (M)48.0055.7463.7071.8880.3088.9594.16

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate0.49%1.49%2.49%
Year 1 PV (M)51.8652.3852.89
Year 2 PV (M)55.1456.2557.36
Year 3 PV (M)57.9059.6461.42
Year 4 PV (M)60.1862.6165.11
Year 5 PV (M)62.0265.1768.44
PV of Terminal Value (M)1,919.872,017.312,118.67
Equity Value (M)2,206.962,313.352,423.90
Shares Outstanding (M)499.97499.97499.97
Fair Value$4.41$4.63$4.85
Upside / Downside26.84%32.96%39.31%

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