Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

DeHua TB New Decoration Material Co.,Ltd (002043.SZ)

Company Dividend Discount ModelIndustry: Paper, Lumber & Forest ProductsSector: Basic Materials

Valuation Snapshot

Stable Growth$90.95 - $176.05$164.98
Multi-Stage$27.40 - $29.99$28.67
Blended Fair Value$96.83
Current Price$10.74
Upside801.56%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS23.73%46.79%0.820.500.440.230.300.280.260.070.070.02
YoY Growth--63.80%13.42%89.55%-21.32%4.68%10.71%271.23%-3.02%307.02%-1.27%
Dividend Yield--7.73%5.14%3.68%2.28%2.75%3.81%3.41%0.63%0.51%0.28%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)732.10
(-) Cash Dividends Paid (M)272.34
(=) Cash Retained (M)459.76
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)146.4291.5154.91
Cash Retained (M)459.76459.76459.76
(-) Cash Required (M)-146.42-91.51-54.91
(=) Excess Retained (M)313.34368.25404.85
(/) Shares Outstanding (M)827.03827.03827.03
(=) Excess Retained per Share0.380.450.49
LTM Dividend per Share0.330.330.33
(+) Excess Retained per Share0.380.450.49
(=) Adjusted Dividend0.710.770.82
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate5.50%6.50%7.50%
Fair Value$90.95$164.98$176.05
Upside / Downside746.81%1,436.15%1,539.18%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)732.10779.69830.37884.34941.831,003.041,033.14
Payout Ratio37.20%47.76%58.32%68.88%79.44%90.00%92.50%
Projected Dividends (M)272.34372.38484.27609.14748.19902.74955.65

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)346.95350.24353.53
Year 2 PV (M)420.39428.40436.48
Year 3 PV (M)492.67506.82521.23
Year 4 PV (M)563.82585.50607.80
Year 5 PV (M)633.83664.44696.23
PV of Terminal Value (M)20,201.0621,176.7822,189.85
Equity Value (M)22,658.7223,712.1824,805.11
Shares Outstanding (M)827.03827.03827.03
Fair Value$27.40$28.67$29.99
Upside / Downside155.10%166.96%179.26%

High-Yield Dividend Screener

« Prev Page 28 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
U96.SISembcorp Industries Ltd5.19%$0.3229.05%
CIN.AXCarlton Investments Limited5.18%$1.7961.04%
MERK.JKPT Merck Tbk5.18%$170.3142.74%
0QQ2.LGeberit AG5.17%$25.4271.02%
2640.TWOTaiwan Taxi Co.,Ltd.5.17%$7.0177.56%
603508.SSHenan Thinker Automatic Equipment Co., Ltd.5.17%$1.4488.86%
RICHT.BDChemical Works5.17%$509.8341.05%
FPT.BKFrasers Property (Thailand) Public Company Limited5.16%$0.3140.49%
YSON.FSonae, SGPS, S.A.5.16%$0.0960.40%
0QS5.LBossard Holding AG5.15%$7.9044.91%
2341.HKEcoGreen International Group Limited5.15%$0.109.70%
4942.TWChia Chang Co., Ltd5.15%$1.9967.15%
601555.SSSoochow Securities Co., Ltd.5.15%$0.4766.76%
601686.SSTianjin You Fa Steel Pipe Group Stock Co., Ltd.5.15%$0.3256.09%
6979.HKZJLD Group Inc5.15%$0.4556.09%
3118.TWOLevel Biotechnology Inc.5.14%$1.7080.08%
ALTOU.PATouax5.14%$0.2220.71%
BE8.BKBeryl 8 Plus Public Company Limited5.14%$0.2475.69%
KEG-UN.TOThe Keg Royalties Income Fund5.14%$0.9684.63%
QEWS.QAQatar Electricity & Water Company Q.P.S.C.5.14%$0.7767.87%
6805.HKKimou Environmental Holding Limited5.13%$0.1360.10%
9521.SRInmar Company for Real Estate Development and Investment5.13%$1.0024.60%
MTI.BKMuang Thai Insurance Public Company Limited5.13%$0.8045.07%
3218.TWOUniversal Vision Biotechnology Co., Ltd.5.12%$7.4771.57%
600694.SSDashang Co., Ltd.5.12%$0.9263.22%
601877.SSZhejiang Chint Electrics Co., Ltd.5.12%$1.4367.03%
GL9.IRGlanbia plc5.12%$0.7450.22%
STBP3.SASantos Brasil Participações S.A.5.12%$0.7478.31%
WSU.DEWashTec AG5.12%$2.4092.47%
0RUJ.LDelta Plus Group5.11%$2.4829.42%
2887.TWTS Financial Holding Co., Ltd.5.11%$1.0493.64%
3003.SRCity Cement Company5.11%$0.6566.06%
ALVU.PAVente-Unique.com S.A.5.11%$0.7945.95%
CAML3.SACamil Alimentos S.A.5.11%$0.2860.82%
RECTRectitude Holdings Ltd Ordinary Shares5.11%$0.0926.70%
603518.SSJinhong Fashion Group Co.,Ltd.5.10%$0.4966.21%
6242.TWOLi Kang Biomedical Co., Ltd.5.10%$2.0077.54%
ECMPA.ASEurocommercial Properties N.V.5.10%$1.3355.30%
NOMDNomad Foods Limited5.09%$0.6246.03%
2249.TWOYoung Shine Electric Co., Ltd.5.08%$4.7121.31%
ARZZ3.SAArezzo Indústria e Comércio S.A.5.08%$2.6767.63%
CMAN.BKChememan Public Company Limited5.08%$0.1231.80%
LST.BKLam Soon (Thailand) Public Company Limited5.08%$0.2436.51%
VEI.OLVeidekke ASA5.08%$8.9090.00%
013570.KSDY Corporation5.07%$230.5420.72%
086790.KSHana Financial Group Inc.5.07%$4,736.7233.98%
129260.KSIntergis Co., Ltd5.07%$121.3822.66%
CUP-U.TOCaribbean Utilities Company, Ltd.5.07%$0.6964.16%
MMAQ3.SAMinasmaquinas S.A.5.07%$129.2112.04%
QATI.QAQatar Insurance Company Q.S.P.C.5.07%$0.1045.46%