DDM Analysis: 601728.SS

Valuation Snapshot

Stable Growth	$21.38 - $78.76	$65.53
Multi-Stage	$10.96 - $11.99	$11.47
Blended Fair Value	$38.50
Current Price	$6.66
Upside	478.06%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	21.48%	14.27%	0.26	0.22	0.29	0.09	0.10	0.10	0.08	0.08	0.07	0.07
YoY Growth	-	-	17.29%	-24.41%	214.47%	-8.89%	4.17%	17.48%	0.50%	16.04%	5.34%	-0.61%
Dividend Yield	-	-	3.28%	3.64%	4.58%	2.31%	1.66%	1.59%	1.35%	1.35%	1.16%	1.10%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	36,373.32
(-) Cash Dividends Paid (M)	15,722.28
(=) Cash Retained (M)	20,651.04

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	7,274.66	4,546.67	2,728.00
Cash Retained (M)	20,651.04	20,651.04	20,651.04
(-) Cash Required (M)	-7,274.66	-4,546.67	-2,728.00
(=) Excess Retained (M)	13,376.37	16,104.37	17,923.04
(/) Shares Outstanding (M)	91,507.10	91,507.10	91,507.10
(=) Excess Retained per Share	0.15	0.18	0.20
LTM Dividend per Share	0.17	0.17	0.17
(+) Excess Retained per Share	0.15	0.18	0.20
(=) Adjusted Dividend	0.32	0.35	0.37
WACC / Discount Rate	6.66%	6.66%	6.66%
Growth Rate	5.10%	6.10%	7.10%
Fair Value	$21.38	$65.53	$78.76
Upside / Downside	221.04%	883.98%	1,082.52%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	36,373.32	38,591.56	40,945.07	43,442.11	46,091.44	48,902.34	50,369.41
Payout Ratio	43.22%	52.58%	61.93%	71.29%	80.64%	90.00%	92.50%
Projected Dividends (M)	15,722.28	20,291.37	25,359.27	30,969.84	37,170.42	44,012.10	46,591.70

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.66%	6.66%	6.66%
Growth Rate	5.10%	6.10%	7.10%
Year 1 PV (M)	18,844.75	19,024.06	19,203.36
Year 2 PV (M)	21,872.33	22,290.53	22,712.70
Year 3 PV (M)	24,807.11	25,521.98	26,250.46
Year 4 PV (M)	27,651.19	28,718.70	29,816.82
Year 5 PV (M)	30,406.58	31,880.94	33,411.96
PV of Terminal Value (M)	879,083.70	921,709.05	965,972.07
Equity Value (M)	1,002,665.66	1,049,145.26	1,097,367.36
Shares Outstanding (M)	91,507.10	91,507.10	91,507.10
Fair Value	$10.96	$11.47	$11.99
Upside / Downside	64.52%	72.15%	80.06%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 24 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
EXPD	Expeditors International of Washington, Inc.	0.99%	$1.50	24.32%
LISOX	Lazard International Strategic Equity Ptf Open Shares	0.99%	$0.13	36.87%
MXC	Mexco Energy Corporation	0.99%	$0.10	12.25%
NIC	Nicolet Bankshares, Inc.	0.99%	$1.19	12.58%
PAYC	Paycom Software, Inc.	0.99%	$1.51	18.80%
RRC	Range Resources Corporation	0.99%	$0.35	14.60%
WLFC	Willis Lease Finance Corporation	0.99%	$1.32	7.58%
WOR	Worthington Industries, Inc.	0.99%	$0.52	23.95%
CNXN	PC Connection, Inc.	0.98%	$0.56	16.89%
CAT	Caterpillar Inc.	0.97%	$5.78	29.40%
CNK	Cinemark Holdings, Inc.	0.97%	$0.23	18.28%
ECL	Ecolab Inc.	0.97%	$2.54	36.57%
EVR	Evercore Inc.	0.97%	$3.41	27.02%
LSBK	Lake Shore Bancorp, Inc.	0.96%	$0.14	24.34%
0ITL.L	Arthur J. Gallagher & Co.	0.95%	$2.42	39.43%
0IZI.L	W.W. Grainger, Inc.	0.95%	$9.52	26.47%
0L5V.L	The Sherwin-Williams Company	0.95%	$3.11	30.09%
0R2S.L	Stryker Corporation	0.95%	$3.28	43.09%
RRX	Regal Rexnord Corporation	0.95%	$1.39	36.07%
WT	WisdomTree, Inc.	0.95%	$0.12	18.12%
J	Jacobs Solutions Inc.	0.94%	$1.27	53.80%
ORCL	Oracle Corporation	0.94%	$1.84	34.81%
TCBS	Texas Community Bancshares, Inc.	0.94%	$0.17	19.22%
IMKTA	Ingles Markets, Incorporated	0.93%	$0.65	14.68%
ODC	Oil-Dri Corporation of America	0.93%	$0.45	12.28%
PENG	Penguin Solutions, Inc.	0.93%	$0.19	40.17%
SSBK	Southern States Bancshares, Inc.	0.93%	$0.34	9.19%
DAL	Delta Air Lines, Inc.	0.92%	$0.63	8.94%
HIFS	Hingham Institution for Savings	0.92%	$2.49	12.15%
RL	Ralph Lauren Corporation	0.92%	$3.34	24.37%
OPY	Oppenheimer Holdings Inc.	0.91%	$0.66	8.90%
BGC	BGC Group, Inc	0.90%	$0.08	23.56%
CDRE	Cadre Holdings, Inc.	0.90%	$0.37	33.35%
MBNKP	Medallion Bank	0.90%	$0.23	12.50%
JBHT	J.B. Hunt Transport Services, Inc.	0.89%	$1.75	30.14%
NYT	The New York Times Company	0.89%	$0.62	30.32%
RMD	ResMed Inc.	0.89%	$2.18	22.31%
VBFC	Village Bank and Trust Financial Corp.	0.89%	$0.72	15.35%
0I14.L	Cognex Corporation	0.88%	$0.32	49.16%
AR	Antero Resources Corporation	0.88%	$0.30	17.15%
LDOS	Leidos Holdings, Inc.	0.88%	$1.61	14.88%
LMAT	LeMaitre Vascular, Inc.	0.88%	$0.70	32.20%
NNI	Nelnet, Inc.	0.88%	$1.14	9.52%
PFSI	PennyMac Financial Services, Inc.	0.88%	$1.16	12.49%
SMBK	SmartFinancial, Inc.	0.88%	$0.32	11.76%
BYD	Boyd Gaming Corporation	0.87%	$0.75	3.22%
ROST	Ross Stores, Inc.	0.87%	$1.59	24.85%
BBSI	Barrett Business Services, Inc.	0.86%	$0.31	15.02%
BCO	The Brink's Company	0.86%	$1.00	24.81%
HXL	Hexcel Corporation	0.86%	$0.66	77.18%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

China Telecom Corporation Limited (601728.SS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener