Definitive Analysis
Definitive Analysis
Financial Statements
Periods / Units
Fundamentals
Valuations
Miscellaneous
Analysis Mode
Full Access
See Pricing Start Trial

Dawnrays Pharmaceutical (Holdings) Limited (2348.HK)

Company Dividend Discount ModelIndustry: Drug Manufacturers - Specialty & GenericSector: Healthcare

Valuation Snapshot

Stable Growth$6.25 - $10.79$8.21
Multi-Stage$11.14 - $12.24$11.68
Blended Fair Value$9.94
Current Price$1.13
Upside779.86%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.57%6.47%0.070.080.070.100.050.070.130.060.070.05
YoY Growth---5.02%17.62%-30.83%76.34%-20.67%-49.33%122.17%-9.86%35.69%25.76%
Dividend Yield--6.43%8.10%5.66%7.04%4.60%5.34%10.46%3.43%3.23%1.97%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)739.57
(-) Cash Dividends Paid (M)244.47
(=) Cash Retained (M)495.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)147.9192.4555.47
Cash Retained (M)495.10495.10495.10
(-) Cash Required (M)-147.91-92.45-55.47
(=) Excess Retained (M)347.19402.66439.64
(/) Shares Outstanding (M)1,504.141,504.141,504.14
(=) Excess Retained per Share0.230.270.29
LTM Dividend per Share0.160.160.16
(+) Excess Retained per Share0.230.270.29
(=) Adjusted Dividend0.390.430.45
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate0.22%1.22%2.22%
Fair Value$6.25$8.21$10.79
Upside / Downside453.12%626.14%855.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)739.57748.60757.75767.00776.37785.85809.42
Payout Ratio33.06%44.44%55.83%67.22%78.61%90.00%92.50%
Projected Dividends (M)244.47332.71423.07515.59610.31707.26748.72

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate0.22%1.22%2.22%
Year 1 PV (M)309.23312.32315.41
Year 2 PV (M)365.48372.81380.21
Year 3 PV (M)413.97426.49439.26
Year 4 PV (M)455.45473.90492.91
Year 5 PV (M)490.56515.53541.50
PV of Terminal Value (M)14,717.3415,466.3816,245.62
Equity Value (M)16,752.0317,567.4218,414.89
Shares Outstanding (M)1,504.141,504.141,504.14
Fair Value$11.14$11.68$12.24
Upside / Downside885.60%933.58%983.44%

High-Yield Dividend Screener

« Prev Page 26 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ODFLOld Dominion Freight Line, Inc.0.69%$1.1022.00%
RRBIRed River Bancshares, Inc.0.69%$0.487.90%
SSDSimpson Manufacturing Co., Inc.0.69%$1.1413.76%
WCCWESCO International, Inc.0.69%$1.7513.38%
ALGAlamo Group Inc.0.68%$1.1511.96%
CBKCommercial Bancgroup, Inc. Common Stock0.68%$0.166.13%
IRMDIRadimed Corporation0.68%$0.6539.59%
UNFUniFirst Corporation0.68%$1.3216.37%
WTSWatts Water Technologies, Inc.0.68%$1.9019.65%
0HF3.LCencora0.67%$2.2528.12%
AITApplied Industrial Technologies, Inc.0.67%$1.7516.64%
CLMBClimb Global Solutions, Inc.0.67%$0.6814.50%
ASTHAstrana Health, Inc.0.66%$0.1786.52%
AVGOBroadcom Inc.0.66%$2.2848.18%
ENSEnerSys0.66%$0.9911.20%
HLIOHelios Technologies, Inc.0.66%$0.3635.50%
ICFIICF International, Inc.0.66%$0.5610.52%
VMCVulcan Materials Company0.66%$1.9322.82%
AAMEAtlantic American Corporation0.65%$0.027.99%
AMATApplied Materials, Inc.0.65%$1.7319.78%
CRMSalesforce, Inc.0.65%$1.6421.86%
GHCGraham Holdings Company0.65%$7.064.22%
LFACLF Capital Acquisition Corp. II0.65%$0.0724.33%
BSYBentley Systems, Incorporated0.64%$0.2530.41%
EHCEncompass Health Corporation0.64%$0.6812.77%
LADLithia Motors, Inc.0.64%$2.136.25%
PRBMParabellum Acquisition Corp.0.64%$0.065.11%
VRSNVeriSign, Inc.0.64%$1.5417.77%
AWIArmstrong World Industries, Inc.0.63%$1.2417.71%
ESQEsquire Financial Holdings, Inc.0.63%$0.6411.29%
SGISomnigroup International Inc0.63%$0.5637.60%
ULSUL Solutions Inc.0.63%$0.5130.38%
VMIValmont Industries, Inc.0.63%$2.5821.97%
ARCBArcBest Corporation0.62%$0.4811.39%
VVisa Inc.0.62%$2.1323.10%
LSXMAThe Liberty SiriusXM Group0.61%$0.141.73%
0J1R.LHCA Healthcare, Inc.0.60%$2.8110.70%
MPWRMonolithic Power Systems, Inc.0.60%$5.6614.34%
RXNZurn Water Solutions Corporation0.60%$0.3924.10%
0I47.LCostco Wholesale Corporation0.59%$5.0527.04%
DJCODaily Journal Corporation0.59%$2.954.20%
DRSLeonardo DRS, Inc.0.59%$0.2020.75%
FCNCAFirst Citizens BancShares, Inc.0.59%$12.697.01%
AMEAMETEK, Inc.0.58%$1.2019.00%
KLACKLA Corporation0.57%$7.2622.67%
SXIStandex International Corporation0.57%$1.2729.15%
RDVTRed Violet, Inc.0.56%$0.2937.32%
0IRE.LFortive Corporation0.55%$0.3016.72%
AIMCAltra Industrial Motion Corp.0.55%$0.3417.56%
BWXTBWX Technologies, Inc.0.55%$1.0029.87%