Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$13.07 - $29.90$19.06
Multi-Stage$9.24 - $10.09$9.66
Blended Fair Value$14.36
Current Price$32.35
Upside-55.62%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS24.08%30.39%0.100.090.010.090.080.040.020.020.010.01
YoY Growth--17.09%909.58%-90.52%8.66%141.37%100.57%-2.80%49.32%10.18%50.57%
Dividend Yield--0.50%0.51%0.05%0.62%0.52%0.12%0.09%0.13%0.09%0.24%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)371.32
(-) Cash Dividends Paid (M)46.73
(=) Cash Retained (M)324.59
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)74.2646.4127.85
Cash Retained (M)324.59324.59324.59
(-) Cash Required (M)-74.26-46.41-27.85
(=) Excess Retained (M)250.33278.18296.74
(/) Shares Outstanding (M)581.13581.13581.13
(=) Excess Retained per Share0.430.480.51
LTM Dividend per Share0.080.080.08
(+) Excess Retained per Share0.430.480.51
(=) Adjusted Dividend0.510.560.59
WACC / Discount Rate9.62%9.62%9.62%
Growth Rate5.50%6.50%7.50%
Fair Value$13.07$19.06$29.90
Upside / Downside-59.58%-41.09%-7.56%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)371.32395.45421.16448.53477.69508.74524.00
Payout Ratio12.58%28.07%43.55%59.03%74.52%90.00%92.50%
Projected Dividends (M)46.73110.99183.42264.79355.96457.86484.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.62%9.62%9.62%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)100.30101.25102.20
Year 2 PV (M)149.77152.62155.50
Year 3 PV (M)195.38200.99206.70
Year 4 PV (M)237.34246.47255.86
Year 5 PV (M)275.87289.20303.03
PV of Terminal Value (M)4,408.454,621.374,842.45
Equity Value (M)5,367.115,611.915,865.75
Shares Outstanding (M)581.13581.13581.13
Fair Value$9.24$9.66$10.09
Upside / Downside-71.45%-70.15%-68.80%

High-Yield Dividend Screener

« Prev Page 27 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
138930.KSBNK Financial Group Inc.5.33%$837.7733.77%
RPI-UN.TORichards Packaging Income Fund5.33%$1.6282.84%
8956.TNTT UD REIT Investment Corporation5.32%$7,471.7960.60%
ACGLArch Capital Group Ltd.5.32%$4.9945.85%
BTTBlackrock Municipal 2030 Target Term Trust5.32%$1.2174.76%
PREV-B.STPrevas AB5.31%$5.0990.29%
000690.SZGuangdong Baolihua New Energy Stock Co., Ltd.5.30%$0.2251.75%
005830.KSDB Insurance Co., Ltd.5.29%$6,766.2625.66%
1157.HKZoomlion Heavy Industry Science and Technology Co., Ltd.5.29%$0.4189.60%
6884.TWOHighpoint Service Network Corporation5.29%$2.0256.70%
7237.KLPower Root Berhad5.29%$0.0798.68%
MCKPA.NZMillennium & Copthorne Hotels New Zealand Limited5.29%$0.0957.34%
MFCManulife Financial Corporation5.29%$1.9255.22%
CLSC3.SACentrais Elétricas de Santa Catarina S.A.5.28%$6.1235.64%
000899.SZJiangxi Ganneng Co., Ltd.5.27%$0.5253.85%
0QQN.LBucher Industries AG5.27%$19.4043.82%
601107.SSSichuan Expressway Company Limited5.27%$0.3299.95%
CRAP.PACaisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative5.27%$6.9619.09%
0IW5.LThales S.A.5.26%$7.0970.33%
AIRARABIA.AEAir Arabia PJSC5.26%$0.2575.35%
PHOR.MEPublic Joint-Stock Company PhosAgro5.26%$335.1737.65%
RBREW.CORoyal Unibrew A/S5.26%$29.5094.31%
TCELL.ISTurkcell Iletisim Hizmetleri A.S.5.26%$5.0570.22%
TLC.AXThe Lottery Corporation Limited5.26%$0.2778.26%
TTA-R.BKThoresen Thai Agencies Public Company Limited5.26%$0.2217.40%
4712.TKeyHolder, Inc.5.25%$37.1432.06%
8926.TWTaiwan Cogeneration Corporation5.25%$2.1587.97%
RJH.BKRajthanee Hospital Public Company Limited5.25%$0.6575.57%
016090.KSDaehyun Co.,Ltd.5.24%$87.5664.98%
ALGEV.PAGévelot S.A.5.24%$9.2742.01%
1209.HKChina Resources Mixc Lifestyle Services Limited5.23%$2.2571.56%
HTECH.BKHalcyon Technology Public Company Limited5.23%$0.1538.21%
002911.SZForan Energy Group Co.,Ltd.5.22%$0.6390.85%
000913.SZZhejiang Qianjiang Motorcycle Co., Ltd.5.21%$0.8077.77%
4915.TWPrimax Electronics Ltd.5.21%$3.9968.04%
601000.SSTangShan Port Group Co.,Ltd5.21%$0.2066.38%
CAFO.PACentrale d'Achat Française pour l'Outre-Mer S.A.5.21%$0.4416.81%
KBLI.JKPT KMI Wire and Cable Tbk5.21%$16.9931.01%
0QOH.Lnaturenergie holding AG5.20%$1.6927.11%
600551.SSTime Publishing and Media Co., Ltd.5.20%$0.4268.97%
8979.TStarts Proceed Investment Corporation5.20%$10,484.9163.22%
AMIN.JKPT Ateliers Mecaniques D'Indonesie Tbk5.20%$13.0170.06%
EBO.AXEBOS Group Limited5.20%$1.2245.78%
SMCB.JKPT Solusi Bangun Indonesia Tbk5.20%$40.2745.56%
5159.KLYoong Onn Corporation Berhad5.19%$0.0858.97%
603355.SSKingclean Electric Co.,Ltd5.19%$1.6597.04%
603855.SSWarom Technology Incorporated Company5.19%$1.0077.28%
8034.TWOOPNET Technologies Co., Ltd.5.19%$1.3498.92%
ALRFG.PARacing Force S.p.A.5.19%$0.2671.02%
DEME.BRDEME Group N.V.5.19%$7.4131.20%