Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tungkong Inc. (002117.SZ)

Company Dividend Discount ModelIndustry: Specialty Business ServicesSector: Industrials

Valuation Snapshot

Stable Growth$2.18 - $3.03$2.60
Multi-Stage$6.52 - $7.20$6.85
Blended Fair Value$4.73
Current Price$11.48
Upside-58.81%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-8.42%10.46%0.310.230.320.420.420.490.280.210.210.21
YoY Growth--36.75%-27.56%-24.19%0.00%-14.23%75.00%33.33%0.00%-0.01%79.94%
Dividend Yield--2.33%2.70%3.22%4.92%5.13%4.46%1.92%1.99%1.04%0.97%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)200.72
(-) Cash Dividends Paid (M)136.27
(=) Cash Retained (M)64.44
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)40.1425.0915.05
Cash Retained (M)64.4464.4464.44
(-) Cash Required (M)-40.14-25.09-15.05
(=) Excess Retained (M)24.3039.3549.39
(/) Shares Outstanding (M)524.95524.95524.95
(=) Excess Retained per Share0.050.070.09
LTM Dividend per Share0.260.260.26
(+) Excess Retained per Share0.050.070.09
(=) Adjusted Dividend0.310.330.35
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate-6.67%-5.67%-4.67%
Fair Value$2.18$2.60$3.03
Upside / Downside-81.04%-77.31%-73.58%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)200.72189.34178.61168.48158.93149.92154.42
Payout Ratio67.89%72.31%76.74%81.16%85.58%90.00%92.50%
Projected Dividends (M)136.27136.92137.05136.74136.01134.93142.84

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate-6.67%-5.67%-4.67%
Year 1 PV (M)127.26128.62129.99
Year 2 PV (M)118.40120.95123.53
Year 3 PV (M)109.79113.36117.00
Year 4 PV (M)101.51105.93110.49
Year 5 PV (M)93.6098.72104.06
PV of Terminal Value (M)2,872.533,029.763,193.79
Equity Value (M)3,423.093,597.333,778.86
Shares Outstanding (M)524.95524.95524.95
Fair Value$6.52$6.85$7.20
Upside / Downside-43.20%-40.31%-37.30%

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%