Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhuzhou Times New Material Technology Co., Ltd. (600458.SS)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$68.46 - $137.80$129.14
Multi-Stage$21.24 - $23.25$22.22
Blended Fair Value$75.68
Current Price$15.11
Upside400.88%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS44.66%17.76%0.250.140.080.120.020.040.050.100.050.02
YoY Growth--83.22%72.89%-36.00%400.00%-37.50%-20.00%-50.00%100.00%203.44%-66.67%
Dividend Yield--1.84%1.19%0.70%1.16%0.29%0.58%0.49%1.15%0.34%0.11%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)568.33
(-) Cash Dividends Paid (M)215.84
(=) Cash Retained (M)352.48
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)113.6771.0442.62
Cash Retained (M)352.48352.48352.48
(-) Cash Required (M)-113.67-71.04-42.62
(=) Excess Retained (M)238.82281.44309.86
(/) Shares Outstanding (M)820.20820.20820.20
(=) Excess Retained per Share0.290.340.38
LTM Dividend per Share0.260.260.26
(+) Excess Retained per Share0.290.340.38
(=) Adjusted Dividend0.550.610.64
WACC / Discount Rate6.35%6.35%6.35%
Growth Rate5.50%6.50%7.50%
Fair Value$68.46$129.14$137.80
Upside / Downside353.06%754.68%812.00%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)568.33605.27644.61686.51731.13778.66802.01
Payout Ratio37.98%48.38%58.79%69.19%79.60%90.00%92.50%
Projected Dividends (M)215.84292.84378.95475.00581.95700.79741.86

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.35%6.35%6.35%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)272.76275.35277.93
Year 2 PV (M)328.76335.02341.34
Year 3 PV (M)383.83394.85406.08
Year 4 PV (M)438.00454.85472.17
Year 5 PV (M)491.28515.01539.64
PV of Terminal Value (M)15,504.7216,253.6017,031.15
Equity Value (M)17,419.3518,228.6719,068.32
Shares Outstanding (M)820.20820.20820.20
Fair Value$21.24$22.22$23.25
Upside / Downside40.56%47.09%53.86%

High-Yield Dividend Screener

« Prev Page 25 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
8952.TJapan Real Estate Investment Corporation5.59%$7,312.3570.16%
AEGN.ATAegean Airlines S.A.5.59%$0.8128.27%
KMDS.JKPT Kurniamitra Duta Sentosa, Tbk5.59%$38.0052.57%
RECLTD.BOREC Limited5.59%$21.3032.48%
2488.HKLaunch Tech Company Limited5.58%$0.4931.82%
ANIM3.SAAnima Holding S.A.5.58%$0.1844.03%
PROF-B.STProfilGruppen AB (publ)5.58%$6.6456.11%
SOL.AXWashington H. Soul Pattinson and Company Limited5.58%$2.0979.15%
1128.HKWynn Macau, Limited5.57%$0.3352.58%
1585.HKYadea Group Holdings Ltd.5.57%$0.6444.68%
SBOK.STScandBook Holding AB (publ)5.57%$2.7567.47%
003470.KSYuanta Securities Korea Co., Ltd.5.56%$203.1264.57%
AEDAS.MCAedas Homes, S.A.5.56%$1.3344.89%
DTL.AXData#3 Limited5.56%$0.5085.44%
IMAS.JKPT Indomobil Sukses Internasional Tbk5.56%$63.4361.82%
SFQ.DESAF-Holland SE5.56%$0.8475.48%
058430.KSPOSCO STEELEON Co., Ltd.5.55%$2,160.0746.25%
2192.HKMedlive Technology Co., Ltd.5.55%$0.5565.76%
8968.TFukuoka REIT Corporation5.55%$10,438.6663.61%
CY6U.SICapitaLand India Trust5.55%$0.0723.56%
INLIF.ATInterlife General Insurance Company S.A.5.55%$0.3626.26%
0A0C.LStadler Rail AG5.54%$1.0971.26%
1289.HKWuxi Sunlit Science and Technology Company Limited5.54%$0.1622.04%
2686.HKAAG Energy Holdings Limited5.54%$0.1029.66%
SNK.WASanok Rubber Company Spólka Akcyjna5.54%$1.1993.14%
0IZM.LABG Sundal Collier Holding ASA5.53%$0.4584.38%
600681.SSBestsun Energy Co., Ltd.5.53%$0.2495.34%
605009.SSHangzhou Haoyue Personal Care Co., Ltd5.53%$1.7190.38%
KSB3.DEKSB SE & Co. KGaA5.53%$52.7634.72%
000581.SZWeifu High-Technology Group Co., Ltd.5.52%$1.1471.66%
0QO1.LSchindler Holding AG5.52%$10.9983.82%
1061.HKEssex Bio-Technology Limited5.52%$0.2120.70%
HGSB.OLHaugesund Sparebank5.52%$8.8625.30%
603408.SSRunner (Xiamen) Corp.5.51%$0.7576.83%
PERR.PAGérard Perrier Industrie S.A.5.51%$4.6047.56%
009180.KSHansol Logistics Co., Ltd.5.50%$149.8936.63%
601339.SSBros Eastern.,Ltd5.50%$0.3287.29%
9905.TWGreat China Metal Ind. Co., Ltd.5.50%$1.0975.18%
FIQE3.SAUnifique Telecomunicações S.A.5.50%$0.2748.37%
M-STOR.BKMFC-Strategic Storage Fund5.50%$0.4482.25%
SYNTEC.BKSyntec Construction Public Company Limited5.50%$0.0924.68%
TPAC.BKThai Plaspac Public Company Limited5.50%$0.4536.96%
WIK.WAWikana S.A.5.50%$0.4079.03%
600713.SSNanJing Pharmaceutical Company Limited5.49%$0.3078.15%
ATIC.JKPT Anabatic Technologies Tbk5.49%$35.4144.79%
000672.SZGansu Shangfeng Cement Co.,Ltd5.48%$0.7191.94%
069260.KSTKG Huchems Co.,Ltd.5.47%$998.9065.46%
NCK.AXNick Scali Limited5.47%$1.2979.89%
000270.KSKia Corporation5.46%$6,584.2832.69%
002014.SZHuangshan Novel Co.,Ltd5.46%$0.6584.41%