Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shanghai Chinafortune Co., Ltd. (600621.SS)

Company Dividend Discount ModelIndustry: Financial - ConglomeratesSector: Financial Services

Valuation Snapshot

Stable Growth$90.40 - $106.50$99.81
Multi-Stage$21.71 - $23.79$22.73
Blended Fair Value$61.27
Current Price$16.57
Upside269.76%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS24.42%10.61%0.410.380.470.420.210.140.400.200.270.10
YoY Growth--8.48%-20.27%12.29%97.38%55.53%-65.34%98.23%-25.50%163.22%-31.75%
Dividend Yield--2.90%2.64%4.09%3.43%1.28%0.89%2.35%1.45%1.95%0.99%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)567.05
(-) Cash Dividends Paid (M)136.66
(=) Cash Retained (M)430.39
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)113.4170.8842.53
Cash Retained (M)430.39430.39430.39
(-) Cash Required (M)-113.41-70.88-42.53
(=) Excess Retained (M)316.98359.51387.86
(/) Shares Outstanding (M)1,058.861,058.861,058.86
(=) Excess Retained per Share0.300.340.37
LTM Dividend per Share0.130.130.13
(+) Excess Retained per Share0.300.340.37
(=) Adjusted Dividend0.430.470.50
WACC / Discount Rate5.54%5.54%5.54%
Growth Rate5.50%6.50%7.50%
Fair Value$90.40$99.81$106.50
Upside / Downside445.55%502.35%542.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)567.05603.91643.16684.97729.49776.91800.22
Payout Ratio24.10%37.28%50.46%63.64%76.82%90.00%92.50%
Projected Dividends (M)136.66225.14324.54435.92560.40699.22740.20

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.54%5.54%5.54%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)211.31213.31215.32
Year 2 PV (M)285.89291.34296.83
Year 3 PV (M)360.41370.76381.30
Year 4 PV (M)434.87451.59468.79
Year 5 PV (M)509.26533.86559.40
PV of Terminal Value (M)21,184.4922,207.7123,270.09
Equity Value (M)22,986.2424,068.5725,191.74
Shares Outstanding (M)1,058.861,058.861,058.86
Fair Value$21.71$22.73$23.79
Upside / Downside31.01%37.18%43.58%

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%