Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Xingye Leather Technology Co., Ltd. (002674.SZ)

Company Dividend Discount ModelIndustry: Apparel - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$66.18 - $77.98$73.08
Multi-Stage$43.41 - $47.64$45.48
Blended Fair Value$59.28
Current Price$9.99
Upside493.39%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.15%10.62%0.700.600.370.080.660.660.530.170.040.20
YoY Growth--17.03%60.78%372.07%-88.09%0.12%24.99%213.77%291.54%-78.09%-22.96%
Dividend Yield--7.36%5.27%3.34%0.77%5.54%7.12%3.52%1.61%0.27%1.34%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)115.75
(-) Cash Dividends Paid (M)41.24
(=) Cash Retained (M)74.51
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)23.1514.478.68
Cash Retained (M)74.5174.5174.51
(-) Cash Required (M)-23.15-14.47-8.68
(=) Excess Retained (M)51.3660.0465.83
(/) Shares Outstanding (M)295.20295.20295.20
(=) Excess Retained per Share0.170.200.22
LTM Dividend per Share0.140.140.14
(+) Excess Retained per Share0.170.200.22
(=) Adjusted Dividend0.310.340.36
WACC / Discount Rate3.07%3.07%3.07%
Growth Rate5.50%6.50%7.50%
Fair Value$66.18$73.08$77.98
Upside / Downside562.51%631.49%680.55%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)115.75123.27131.28139.82148.90158.58163.34
Payout Ratio35.63%46.50%57.38%68.25%79.13%90.00%92.50%
Projected Dividends (M)41.2457.3275.3295.43117.82142.72151.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate3.07%3.07%3.07%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)55.0955.6156.13
Year 2 PV (M)69.5770.9072.24
Year 3 PV (M)84.7187.1489.62
Year 4 PV (M)100.52104.38108.36
Year 5 PV (M)117.02122.67128.54
PV of Terminal Value (M)12,387.9312,986.2813,607.52
Equity Value (M)12,814.8413,426.9814,062.40
Shares Outstanding (M)295.20295.20295.20
Fair Value$43.41$45.48$47.64
Upside / Downside334.54%355.29%376.84%

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%