Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

HMT (Xiamen) New Technical Materials Co., Ltd (603306.SS)

Company Dividend Discount ModelIndustry: Apparel - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$20.14 - $57.49$31.48
Multi-Stage$13.35 - $14.59$13.96
Blended Fair Value$22.72
Current Price$56.06
Upside-59.48%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-15.76%30.01%0.210.200.120.140.440.490.380.480.230.07
YoY Growth--6.83%68.44%-16.52%-68.63%-10.00%29.88%-21.30%109.92%214.42%382.02%
Dividend Yield--0.57%0.93%0.31%0.45%1.95%3.61%2.28%2.66%0.84%0.42%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)253.79
(-) Cash Dividends Paid (M)34.61
(=) Cash Retained (M)219.18
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)50.7631.7219.03
Cash Retained (M)219.18219.18219.18
(-) Cash Required (M)-50.76-31.72-19.03
(=) Excess Retained (M)168.42187.46200.15
(/) Shares Outstanding (M)312.37312.37312.37
(=) Excess Retained per Share0.540.600.64
LTM Dividend per Share0.110.110.11
(+) Excess Retained per Share0.540.600.64
(=) Adjusted Dividend0.650.710.75
WACC / Discount Rate8.91%8.91%8.91%
Growth Rate5.50%6.50%7.50%
Fair Value$20.14$31.48$57.49
Upside / Downside-64.08%-43.85%2.56%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)253.79270.29287.86306.57326.50347.72358.15
Payout Ratio13.64%28.91%44.18%59.45%74.73%90.00%92.50%
Projected Dividends (M)34.6178.14127.18182.27243.98312.95331.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.91%8.91%8.91%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)71.0871.7572.42
Year 2 PV (M)105.23107.23109.26
Year 3 PV (M)137.18141.11145.13
Year 4 PV (M)167.02173.45180.05
Year 5 PV (M)194.87204.28214.05
PV of Terminal Value (M)3,493.333,662.063,837.24
Equity Value (M)4,168.704,359.884,558.15
Shares Outstanding (M)312.37312.37312.37
Fair Value$13.35$13.96$14.59
Upside / Downside-76.19%-75.10%-73.97%

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%