Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

Wynn Macau, Limited (1128.HK)

Company Dividend Discount ModelIndustry: Gambling, Resorts & CasinosSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$3.25 - $4.49$3.87
Multi-Stage$8.09 - $8.92$8.50
Blended Fair Value$6.19
Current Price$5.42
Upside14.14%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-30.04%-21.41%0.140.000.000.000.000.841.410.590.560.98
YoY Growth--267,272.01%-90.85%-20.43%-52.35%-99.82%-40.00%138.05%5.25%-42.91%-37.51%
Dividend Yield--2.62%0.00%0.01%0.01%0.01%4.39%8.23%2.46%4.55%10.85%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,332.34
(-) Cash Dividends Paid (M)1,752.02
(=) Cash Retained (M)1,580.32
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)666.47416.54249.93
Cash Retained (M)1,580.321,580.321,580.32
(-) Cash Required (M)-666.47-416.54-249.93
(=) Excess Retained (M)913.851,163.781,330.40
(/) Shares Outstanding (M)5,539.765,539.765,539.76
(=) Excess Retained per Share0.160.210.24
LTM Dividend per Share0.320.320.32
(+) Excess Retained per Share0.160.210.24
(=) Adjusted Dividend0.480.530.56
WACC / Discount Rate7.35%7.35%7.35%
Growth Rate-6.49%-5.49%-4.49%
Fair Value$3.25$3.87$4.49
Upside / Downside-40.00%-28.51%-17.17%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,332.343,149.392,976.492,813.082,658.652,512.692,588.07
Payout Ratio52.58%60.06%67.55%75.03%82.52%90.00%92.50%
Projected Dividends (M)1,752.021,891.562,010.492,110.672,193.792,261.422,393.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.35%7.35%7.35%
Growth Rate-6.49%-5.49%-4.49%
Year 1 PV (M)1,743.441,762.081,780.73
Year 2 PV (M)1,707.951,744.681,781.80
Year 3 PV (M)1,652.651,706.241,760.98
Year 4 PV (M)1,583.221,652.041,723.08
Year 5 PV (M)1,504.231,586.401,672.13
PV of Terminal Value (M)36,624.8738,625.5440,712.71
Equity Value (M)44,816.3747,076.9949,431.41
Shares Outstanding (M)5,539.765,539.765,539.76
Fair Value$8.09$8.50$8.92
Upside / Downside49.26%56.79%64.63%

High-Yield Dividend Screener

« Prev Page 29 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SUSuncor Energy Inc.5.07%$2.3153.29%
023410.KQEugene Corporation5.06%$183.4563.50%
7537.TMarubun Corporation5.06%$65.8855.36%
GLJ.DEGrenke AG5.06%$0.7954.91%
KZOS.MEKazan Public Joint Stock Company Organichesky sintez5.06%$3.3620.60%
LTLS.JKPT Lautan Luas Tbk5.06%$43.7440.34%
MDS-UN.TOHealthcare Special Opportunities Fund5.06%$0.5664.99%
PUUILO.HEPuuilo Oyj5.06%$0.6382.63%
VCI.VVitreous Glass Inc.5.06%$0.3791.09%
051600.KSKEPCO Plant Service & Engineering Co.,Ltd.5.05%$2,469.0084.53%
BLXBanco Latinoamericano de Comercio Exterior, S. A.5.05%$2.2137.06%
TLI.BKThai Life Insurance Public Company Limited5.05%$0.5047.29%
031330.KQSAMT Co., Ltd.5.04%$200.0045.01%
DCR.WADecora S.A.5.04%$3.7855.77%
PST.MIPoste Italiane S.p.A.5.04%$1.0965.05%
RDX.AXRedox Limited5.04%$0.1554.66%
UPOIC.BKUnited Palm Oil Industry Public Company Limited5.04%$0.3361.35%
WKL.ASWolters Kluwer N.V.5.04%$4.4348.01%
000600.SZJointo Energy Investment Co., Ltd. Hebei5.03%$0.4345.84%
0QNN.LBurckhardt Compression Holding AG5.03%$27.4847.49%
002233.SZGuangdong Tapai Group Co., Ltd.5.02%$0.4570.96%
9308.TInui Global Logistics Co., Ltd.5.02%$68.9239.29%
FFI.AXFFI Holdings Limited5.02%$0.2431.68%
SJWD.BKSCGJWD Logistics Public Company Limited5.02%$0.3762.75%
007590.KSDONGBANG AGRO Corporation5.01%$300.1154.47%
0151.HKWant Want China Holdings Limited5.01%$0.2363.82%
2971.TEscon Japan REIT Investment Corporation5.01%$6,447.9060.16%
BBL-R.BKBangkok Bank Public Company Limited5.01%$8.5034.27%
DIC.AEDubai Investments PJSC5.01%$0.1858.95%
006390.KSHanil Hyundai Cement Co., Ltd5.00%$900.0433.14%
600998.SSJointown Pharmaceutical Group Co., Ltd5.00%$0.2646.36%
7020.SREtihad Etisalat Company5.00%$3.3172.99%
KA8.DEKlassik Radio AG5.00%$0.1595.39%
ORDS.QAOoredoo Q.P.S.C.4.99%$0.6557.81%
002616.SZGuangdong Chant Group Inc.4.98%$0.2771.11%
039130.KSHanatour Service Inc.4.98%$2,419.0255.18%
1264.TWOTehmag Foods Corporation4.98%$13.9967.27%
1295.KLPublic Bank Berhad4.98%$0.2260.48%
AW-UN.TOA&W Revenue Royalties Income Fund4.98%$1.8492.91%
WPK.TOWinpak Ltd.4.98%$2.2699.45%
000776.SZGF Securities Co., Ltd.4.97%$1.0960.30%
5236.KLMatrix Concepts Holdings Berhad4.97%$0.0756.54%
601298.SSQingdao Port International Co., Ltd.4.97%$0.4149.05%
7133.KLUnited U-LI Corporation Berhad4.97%$0.0846.08%
9925.TWTaiwan Shin Kong Security Co., Ltd.4.97%$2.0281.40%
034590.KSIncheon City Gas Co., Ltd.4.96%$1,251.1528.53%
0QP4.ILGeorg Fischer AG4.96%$2.6644.86%
4163.SRAl-Dawaa Medical Services Company4.96%$2.5157.67%
9163.TNareru Group Inc.4.96%$114.0343.61%
CPFE3.SACPFL Energia S.A.4.96%$2.6656.33%