Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Automotive Engineering Research Institute Co., Ltd. (601965.SS)

Company Dividend Discount ModelIndustry: Auto - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$6.26 - $8.81$7.52
Multi-Stage$5.21 - $5.67$5.44
Blended Fair Value$6.48
Current Price$17.88
Upside-63.76%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.25%10.88%0.360.300.300.300.250.250.200.150.100.06
YoY Growth--19.67%1.53%-0.11%20.10%1.96%25.03%34.60%47.55%52.16%-49.99%
Dividend Yield--1.93%1.52%1.22%2.08%1.66%2.74%2.27%1.75%0.96%0.70%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)904.03
(-) Cash Dividends Paid (M)104.00
(=) Cash Retained (M)800.03
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)180.81113.0067.80
Cash Retained (M)800.03800.03800.03
(-) Cash Required (M)-180.81-113.00-67.80
(=) Excess Retained (M)619.22687.03732.23
(/) Shares Outstanding (M)989.95989.95989.95
(=) Excess Retained per Share0.630.690.74
LTM Dividend per Share0.110.110.11
(+) Excess Retained per Share0.630.690.74
(=) Adjusted Dividend0.730.800.84
WACC / Discount Rate17.81%17.81%17.81%
Growth Rate5.50%6.50%7.50%
Fair Value$6.26$7.52$8.81
Upside / Downside-64.99%-57.93%-50.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)904.03962.791,025.371,092.021,163.001,238.601,275.76
Payout Ratio11.50%27.20%42.90%58.60%74.30%90.00%92.50%
Projected Dividends (M)104.00261.91439.91639.94864.121,114.741,180.07

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate17.81%17.81%17.81%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)220.22222.31224.40
Year 2 PV (M)311.02316.94322.92
Year 3 PV (M)380.43391.35402.48
Year 4 PV (M)431.94448.55465.63
Year 5 PV (M)468.52491.15514.65
PV of Terminal Value (M)3,348.413,510.143,678.06
Equity Value (M)5,160.545,380.455,608.14
Shares Outstanding (M)989.95989.95989.95
Fair Value$5.21$5.44$5.67
Upside / Downside-70.84%-69.60%-68.32%

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%