Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ningbo Sunrise Elc Technology Co.,Ltd (002937.SZ)

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

Valuation Snapshot

Stable Growth$89.71 - $105.70$99.05
Multi-Stage$70.05 - $76.86$73.39
Blended Fair Value$86.22
Current Price$19.14
Upside350.49%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.22%10.41%0.370.260.180.180.120.190.160.150.100.10
YoY Growth--41.83%40.63%1.88%49.49%-36.00%15.09%11.67%43.31%1.14%-25.65%
Dividend Yield--1.88%1.17%0.72%1.20%0.91%1.43%0.74%1.65%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)154.60
(-) Cash Dividends Paid (M)88.57
(=) Cash Retained (M)66.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)30.9219.3311.60
Cash Retained (M)66.0466.0466.04
(-) Cash Required (M)-30.92-19.33-11.60
(=) Excess Retained (M)35.1246.7154.44
(/) Shares Outstanding (M)290.90290.90290.90
(=) Excess Retained per Share0.120.160.19
LTM Dividend per Share0.300.300.30
(+) Excess Retained per Share0.120.160.19
(=) Adjusted Dividend0.430.470.49
WACC / Discount Rate-0.42%-0.42%-0.42%
Growth Rate5.50%6.50%7.50%
Fair Value$89.71$99.05$105.70
Upside / Downside368.72%417.52%452.23%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)154.60164.65175.36186.75198.89211.82218.18
Payout Ratio57.29%63.83%70.37%76.91%83.46%90.00%92.50%
Projected Dividends (M)88.57105.10123.40143.64165.99190.64201.81

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-0.42%-0.42%-0.42%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)104.55105.54106.53
Year 2 PV (M)122.12124.45126.79
Year 3 PV (M)141.41145.47149.61
Year 4 PV (M)162.56168.82175.25
Year 5 PV (M)185.73194.70204.02
PV of Terminal Value (M)19,661.8120,611.4821,597.50
Equity Value (M)20,378.1821,350.4522,359.69
Shares Outstanding (M)290.90290.90290.90
Fair Value$70.05$73.39$76.86
Upside / Downside266.00%283.46%301.59%

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%