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

FULONGMA Group Co.,Ltd. (603686.SS)

Company Dividend Discount ModelIndustry: Industrial - Pollution & Treatment ControlsSector: Industrials

Valuation Snapshot

Stable Growth$14.23 - $68.13$30.95
Multi-Stage$7.79 - $8.51$8.14
Blended Fair Value$19.55
Current Price$21.86
Upside-10.59%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS9.06%15.25%0.300.280.280.400.220.190.190.150.110.11
YoY Growth--4.55%0.43%-29.78%85.60%12.75%-1.15%27.16%33.19%2.86%55.58%
Dividend Yield--1.97%3.15%2.85%3.61%1.17%1.39%1.81%0.89%0.46%0.52%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)143.33
(-) Cash Dividends Paid (M)82.72
(=) Cash Retained (M)60.61
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)28.6717.9210.75
Cash Retained (M)60.6160.6160.61
(-) Cash Required (M)-28.67-17.92-10.75
(=) Excess Retained (M)31.9442.6949.86
(/) Shares Outstanding (M)418.39418.39418.39
(=) Excess Retained per Share0.080.100.12
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.080.100.12
(=) Adjusted Dividend0.270.300.32
WACC / Discount Rate7.53%7.53%7.53%
Growth Rate5.50%6.50%7.50%
Fair Value$14.23$30.95$68.13
Upside / Downside-34.89%41.57%211.66%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)143.33152.64162.57173.13184.39196.37202.26
Payout Ratio57.71%64.17%70.63%77.09%83.54%90.00%92.50%
Projected Dividends (M)82.7297.95114.82133.46154.04176.73187.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.53%7.53%7.53%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)90.2491.0991.95
Year 2 PV (M)97.4499.30101.17
Year 3 PV (M)104.34107.34110.39
Year 4 PV (M)110.94115.21119.60
Year 5 PV (M)117.26122.92128.81
PV of Terminal Value (M)2,739.322,871.633,009.01
Equity Value (M)3,259.553,407.503,560.92
Shares Outstanding (M)418.39418.39418.39
Fair Value$7.79$8.14$8.51
Upside / Downside-64.36%-62.74%-61.07%

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%