Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Railway Materials Company Limited (000927.SZ)

Company Dividend Discount ModelIndustry: RailroadsSector: Industrials

Valuation Snapshot

Stable Growth$11.74 - $13.86$12.98
Multi-Stage$8.22 - $9.13$8.67
Blended Fair Value$10.82
Current Price$2.61
Upside314.62%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-28.98%1.80%0.020.000.000.030.120.110.020.010.010.02
YoY Growth--19,036.63%-88.36%-97.38%-71.69%9.54%462.39%67.78%-1.62%-49.58%41.37%
Dividend Yield--0.75%0.00%0.03%1.03%2.71%2.41%0.37%0.27%0.15%0.34%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)474.34
(-) Cash Dividends Paid (M)203.28
(=) Cash Retained (M)271.06
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)94.8759.2935.58
Cash Retained (M)271.06271.06271.06
(-) Cash Required (M)-94.87-59.29-35.58
(=) Excess Retained (M)176.19211.77235.48
(/) Shares Outstanding (M)6,050.596,050.596,050.59
(=) Excess Retained per Share0.030.030.04
LTM Dividend per Share0.030.030.03
(+) Excess Retained per Share0.030.030.04
(=) Adjusted Dividend0.060.070.07
WACC / Discount Rate-7.54%-7.54%-7.54%
Growth Rate-6.41%-5.41%-4.41%
Fair Value$11.74$12.98$13.86
Upside / Downside349.76%397.18%431.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)474.34448.66424.37401.39379.66359.10369.87
Payout Ratio42.86%52.28%61.71%71.14%80.57%90.00%92.50%
Projected Dividends (M)203.28234.58261.89285.56305.89323.19342.13

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-7.54%-7.54%-7.54%
Growth Rate-6.41%-5.41%-4.41%
Year 1 PV (M)251.01253.70256.38
Year 2 PV (M)299.88306.32312.83
Year 3 PV (M)349.89361.23372.80
Year 4 PV (M)401.07418.49436.47
Year 5 PV (M)453.44478.19504.01
PV of Terminal Value (M)48,002.1950,622.1953,355.37
Equity Value (M)49,757.4952,440.1255,237.87
Shares Outstanding (M)6,050.596,050.596,050.59
Fair Value$8.22$8.67$9.13
Upside / Downside215.08%232.07%249.78%

High-Yield Dividend Screener

« Prev Page 24 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
NDA-FI.HENordea Bank Abp5.73%$0.9467.38%
RBF.BKR&B Food Supply Public Company Limited5.73%$0.1781.37%
1882.HKHaitian International Holdings Limited5.72%$1.2733.58%
3339.HKLonking Holdings Limited5.72%$0.1736.46%
4126.TWOPacific Hospital Supply Co., Ltd5.72%$4.8486.09%
SLFSun Life Financial Inc.5.72%$3.6065.58%
0QKD.LForbo Holding AG5.71%$50.0340.66%
IPE.WAIPOPEMA Securities S.A.5.71%$0.2368.17%
SNOR.OLSpareBank 1 Nordmøre5.71%$10.0420.14%
3705.TWYungShin Global Holding Corporation5.70%$3.2590.33%
MST.BKMaybank Securities (Thailand) Public Company Limited5.70%$0.3875.36%
3462.TNomura Real Estate Master Fund, Inc.5.69%$9,849.8672.94%
CHILE.SNBanco de Chile5.69%$9.8578.63%
RSUL4.SAMetalúrgica Riosulense S.A.5.69%$3.9836.85%
600007.SSChina World Trade Center Co., Ltd.5.68%$1.1395.72%
AURG.OLAurskog Sparebank5.68%$15.0028.30%
BPO-PT.TOBrookfield Office Properties Inc5.68%$1.1634.59%
KTY.WAGrupa Kety S.A.5.68%$52.8592.39%
PREB.BKPre-Built Public Company Limited5.68%$0.2076.14%
3213.TWOMildef Crete Inc.5.67%$5.9677.23%
NAB.AXNational Australia Bank Limited5.67%$2.4066.40%
3282.TComforia Residential REIT, Inc5.66%$18,861.6284.64%
DTEL.BRDeutsche Telekom AG5.66%$1.1349.89%
HELG.OLSpareBank 1 Helgeland5.66%$10.3551.40%
SITHAI.BKSrithai Superware Public Company Limited5.66%$0.0697.25%
002884.SZGuangdong Lingxiao Pump Industry Co.,Ltd.5.65%$1.0077.13%
1535.TWChina Ecotek Corporation5.65%$2.9975.30%
8960.TUnited Urban Investment Corporation5.65%$10,346.6368.81%
SIILI.HESiili Solutions Oyj5.65%$0.2640.06%
AVEN.STAvensia AB (publ)5.64%$0.5078.26%
RPH.BKRatchaphruek Hospital Public Company Limited5.64%$0.2885.55%
1702.HKDongguang Chemical Limited5.63%$0.1123.80%
601033.SSGrandtop Yongxing Group Co., Ltd.5.63%$0.8583.54%
601398.SSIndustrial & Commercial Bank of China Ltd.5.63%$0.4543.37%
JDF.BKJD Food Public Company Limited5.63%$0.0852.54%
024110.KSIndustrial Bank of Korea5.62%$1,165.3436.50%
DHBK.QADoha Bank Q.P.S.C.5.62%$0.1655.17%
0667.HKChina East Education Holdings Limited5.61%$0.3885.28%
0807.HKSIIC Environment Holdings Ltd.5.61%$0.0625.08%
EKH.BKEkachai Medical Care Public Company Limited5.61%$0.2891.43%
HIFA-B.STHifab Group AB (publ.)5.61%$0.1742.74%
KCAR.BKKrungthai Car Rent and Lease Public Company Limited5.61%$0.3043.66%
000987.SZGuangzhou Yuexiu Financial Holdings Group Co., Ltd.5.60%$0.4663.54%
0VCO.LPeyto Exploration & Development Corp.5.60%$1.2970.79%
1537.TWKung Long Batteries Industrial Co.,Ltd5.60%$7.0072.79%
DVR.AXDiverger Limited5.60%$0.0769.90%
SECURE.BKnForce Secure Public Company Limited5.60%$0.7053.33%
029960.KQKorea Environment Technology Co., Ltd.5.59%$499.3892.03%
2057.HKZTO Express (Cayman) Inc.5.59%$9.3186.81%
3468.TStar Asia Investment Corporation5.59%$3,448.1578.34%