Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

First Hi-tec Enterprise Co., Ltd. (5439.TWO)

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

Valuation Snapshot

Stable Growth$889.35 - $1,047.80$981.94
Multi-Stage$683.45 - $749.76$715.99
Blended Fair Value$848.96
Current Price$238.50
Upside255.96%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS9.63%12.54%4.103.303.602.312.132.591.851.681.261.34
YoY Growth--24.24%-8.33%55.72%8.70%-17.86%40.00%10.26%33.33%-6.25%6.67%
Dividend Yield--2.32%2.64%5.39%4.17%3.35%8.05%3.58%4.07%4.16%6.67%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)490.12
(-) Cash Dividends Paid (M)381.20
(=) Cash Retained (M)108.92
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)98.0261.2636.76
Cash Retained (M)108.92108.92108.92
(-) Cash Required (M)-98.02-61.26-36.76
(=) Excess Retained (M)10.8947.6572.16
(/) Shares Outstanding (M)93.0393.0393.03
(=) Excess Retained per Share0.120.510.78
LTM Dividend per Share4.104.104.10
(+) Excess Retained per Share0.120.510.78
(=) Adjusted Dividend4.214.614.87
WACC / Discount Rate-0.03%-0.03%-0.03%
Growth Rate5.50%6.50%7.50%
Fair Value$889.35$981.94$1,047.80
Upside / Downside272.89%311.72%339.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)490.12521.98555.91592.04630.52671.51691.65
Payout Ratio77.78%80.22%82.67%85.11%87.56%90.00%92.50%
Projected Dividends (M)381.20418.74459.55503.89552.06604.35639.78

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-0.03%-0.03%-0.03%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)414.92418.85422.79
Year 2 PV (M)451.20459.80468.47
Year 3 PV (M)490.23504.30518.64
Year 4 PV (M)532.19552.65573.71
Year 5 PV (M)577.29605.17634.12
PV of Terminal Value (M)61,112.6164,064.3767,129.10
Equity Value (M)63,578.4366,605.1469,746.82
Shares Outstanding (M)93.0393.0393.03
Fair Value$683.45$715.99$749.76
Upside / Downside186.56%200.20%214.36%

High-Yield Dividend Screener

« Prev Page 27 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
KKRKKR & Co. Inc.0.55%$0.7128.86%
UHSUniversal Health Services, Inc.0.55%$1.215.70%
0I0T.LCoca-Cola Consolidated, Inc.0.54%$0.8111.41%
HSTMHealthStream, Inc.0.54%$0.1217.69%
LLYEli Lilly and Company0.54%$5.7928.28%
TECHBio-Techne Corporation0.54%$0.3264.31%
TRUTransUnion0.54%$0.4521.24%
VSTVistra Corp.0.54%$0.8926.39%
0R2Z.LMastercard Incorporated0.52%$2.9618.79%
DHRDanaher Corporation0.52%$1.1924.18%
MKSIMKS Inc.0.52%$0.8721.15%
0JT5.LLam Research Corporation0.51%$0.9320.32%
0JZ0.LMartin Marietta Materials, Inc.0.51%$3.2216.93%
EVTCEVERTEC, Inc.0.51%$0.156.55%
GPIGroup 1 Automotive, Inc.0.51%$2.016.83%
MUSAMurphy USA Inc.0.51%$2.058.36%
PCGPacific Gas & Electric Co.0.51%$0.086.94%
CHEChemed Corporation0.50%$2.1111.01%
FBIOFortress Biotech, Inc.0.50%$0.0216.65%
HWKNHawkins, Inc.0.50%$0.7318.33%
NMRKNewmark Group, Inc.0.50%$0.0820.64%
PRLHPearl Holdings Acquisition Corp0.50%$0.0654.69%
EXPEagle Materials Inc.0.48%$1.027.46%
FCAXFortress Capital Acquisition Corp.0.48%$0.056.11%
FSSFederal Signal Corporation0.48%$0.5413.95%
AAONAAON, Inc.0.47%$0.3730.87%
CRCrane Company0.47%$0.8814.07%
HGTYHagerty, Inc.0.47%$0.0612.93%
IDCCInterDigital, Inc.0.47%$1.5510.87%
PCG-PIPacific Gas and Electric Company PFD 1ST 4.36%0.47%$0.086.94%
SEBSeaboard Corporation0.47%$20.865.03%
AMEHApollo Medical Holdings, Inc.0.46%$0.1893.62%
IDTIDT Corporation0.46%$0.237.15%
KAIKadant Inc.0.46%$1.3215.23%
PRGSProgress Software Corporation0.46%$0.1917.10%
UIUbiquiti Inc.0.46%$2.6019.86%
WWEWorld Wrestling Entertainment, Inc.0.46%$0.4621.62%
APHAmphenol Corporation0.45%$0.6220.92%
DISThe Walt Disney Company0.45%$0.507.30%
ENTGEntegris, Inc.0.45%$0.4021.08%
PCG-PCPacific Gas and Electric Company PFD 1ST 5%0.45%$0.086.94%
WMSAdvanced Drainage Systems, Inc.0.45%$0.6811.54%
REVGREV Group, Inc.0.44%$0.2714.08%
RYANRyan Specialty Holdings, Inc.0.44%$0.2287.54%
TRSTriMas Corporation0.44%$0.1614.97%
WABWestinghouse Air Brake Technologies Corporation0.44%$0.9613.90%
WINGWingstop Inc.0.44%$1.1418.31%
TWTradeweb Markets Inc.0.43%$0.4615.57%
IBKRInteractive Brokers Group, Inc.0.42%$0.2813.63%
MTRNMaterion Corporation0.42%$0.5558.77%