DDM Analysis: 000837.SZ

Valuation Snapshot

Stable Growth	$0.32 - $0.46	$0.39
Multi-Stage	$0.52 - $0.57	$0.54
Blended Fair Value	$0.46
Current Price	$14.02
Upside	-96.69%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-21.91%	-11.99%	0.03	0.06	0.04	0.06	0.10	0.10	0.08	0.08	0.06	0.06
YoY Growth	-	-	-56.75%	53.80%	-33.51%	-38.35%	6.52%	15.91%	0.97%	29.17%	8.66%	-41.54%
Dividend Yield	-	-	0.20%	0.67%	0.39%	0.79%	1.50%	2.63%	1.53%	1.43%	0.64%	0.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	45.17
(-) Cash Dividends Paid (M)	15.59
(=) Cash Retained (M)	29.58

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	9.03	5.65	3.39
Cash Retained (M)	29.58	29.58	29.58
(-) Cash Required (M)	-9.03	-5.65	-3.39
(=) Excess Retained (M)	20.54	23.93	26.19
(/) Shares Outstanding (M)	1,007.12	1,007.12	1,007.12
(=) Excess Retained per Share	0.02	0.02	0.03
LTM Dividend per Share	0.02	0.02	0.02
(+) Excess Retained per Share	0.02	0.02	0.03
(=) Adjusted Dividend	0.04	0.04	0.04
WACC / Discount Rate	9.08%	9.08%	9.08%
Growth Rate	-2.00%	-1.00%	0.00%
Fair Value	$0.32	$0.39	$0.46
Upside / Downside	-97.74%	-97.25%	-96.74%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	45.17	44.72	44.27	43.83	43.39	42.96	44.24
Payout Ratio	34.52%	45.62%	56.71%	67.81%	78.90%	90.00%	92.50%
Projected Dividends (M)	15.59	20.40	25.11	29.72	34.24	38.66	40.93

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.08%	9.08%	9.08%
Growth Rate	-2.00%	-1.00%	0.00%
Year 1 PV (M)	18.51	18.70	18.89
Year 2 PV (M)	20.68	21.10	21.53
Year 3 PV (M)	22.21	22.90	23.60
Year 4 PV (M)	23.22	24.18	25.17
Year 5 PV (M)	23.79	25.03	26.32
PV of Terminal Value (M)	413.95	435.51	457.95
Equity Value (M)	522.36	547.41	573.46
Shares Outstanding (M)	1,007.12	1,007.12	1,007.12
Fair Value	$0.52	$0.54	$0.57
Upside / Downside	-96.30%	-96.12%	-95.94%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 29 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
BTBT	Bit Digital, Inc.	0.25%	$0.01	1.17%
PVH	PVH Corp.	0.25%	$0.17	2.41%
AEL	American Equity Investment Life Holding Company	0.24%	$0.14	2.19%
CRS	Carpenter Technology Corporation	0.24%	$0.80	9.74%
L	Loews Corporation	0.24%	$0.25	3.58%
PRIM	Primoris Services Corporation	0.23%	$0.30	5.83%
TER	Teradyne, Inc.	0.23%	$0.48	17.39%
FOCS	Focus Financial Partners Inc.	0.22%	$0.12	19.23%
QCRH	QCR Holdings, Inc.	0.22%	$0.18	2.50%
RMAX	RE/MAX Holdings, Inc.	0.22%	$0.02	2.70%
VSEC	VSE Corporation	0.22%	$0.40	30.98%
0J5I.L	Hilton Worldwide Holdings Inc.	0.21%	$0.60	8.71%
PRVAX	Virginia Tax Free Bond Fund	0.21%	$0.02	89.04%
ACA	Arcosa, Inc.	0.19%	$0.20	6.66%
HWM	Howmet Aerospace Inc.	0.19%	$0.40	11.24%
USLM	United States Lime & Minerals, Inc.	0.19%	$0.23	5.04%
AEIS	Advanced Energy Industries, Inc.	0.18%	$0.40	10.65%
BELFA	Bel Fuse Inc.	0.18%	$0.28	5.31%
TILE	Interface, Inc.	0.18%	$0.05	2.63%
0K05.L	Medifast, Inc.	0.17%	$0.02	78.63%
AYI	Acuity Brands, Inc.	0.17%	$0.65	5.19%
BDC	Belden Inc.	0.17%	$0.20	3.53%
FIX	Comfort Systems USA, Inc.	0.17%	$1.70	7.18%
KNSL	Kinsale Capital Group, Inc.	0.17%	$0.66	3.24%
STCN	Steel Connect, Inc.	0.17%	$0.02	1.98%
VVI	Viad Corp	0.17%	$0.07	0.54%
ALNT	Allient Inc.	0.16%	$0.09	7.91%
CLSK	CleanSpark, Inc.	0.16%	$0.02	1.41%
EME	EMCOR Group, Inc.	0.16%	$1.01	4.01%
ESE	ESCO Technologies Inc.	0.16%	$0.32	2.76%
CW	Curtiss-Wright Corporation	0.15%	$0.87	7.08%
MU	Micron Technology, Inc.	0.15%	$0.46	6.11%
SPCMU	Sound Point Acquisition Corp I, Ltd	0.15%	$0.02	1.33%
ENSG	The Ensign Group, Inc.	0.14%	$0.24	4.34%
JBL	Jabil Inc.	0.14%	$0.33	5.48%
PFIE	Profire Energy, Inc.	0.14%	$0.00	1.99%
0R0A.L	Hecla Mining Company	0.13%	$0.02	5.24%
GNW	Genworth Financial, Inc.	0.13%	$0.01	2.27%
ONIT	Onity Group Inc.	0.13%	$0.06	1.46%
0A7O.L	MicroStrategy Incorporated	0.12%	$0.19	0.73%
0KGS.L	Pegasystems Inc.	0.12%	$0.07	4.63%
PRTAX	T. Rowe Price Tax-Free Income Fd	0.12%	$0.01	89.04%
WDC	Western Digital Corporation	0.12%	$0.22	3.25%
GEV	GE Vernova Inc.	0.11%	$0.75	12.15%
MPLF.L	Marble Point Loan Financing Limited	0.11%	$0.07	92.98%
EPAC	Enerpac Tool Group Corp.	0.10%	$0.04	2.34%
GRBK	Green Brick Partners, Inc.	0.10%	$0.07	0.85%
IR	Ingersoll Rand Inc.	0.10%	$0.08	5.89%
RAL	Ralliant Corp.	0.10%	$0.05	2.75%
TXT	Textron Inc.	0.10%	$0.08	1.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Qinchuan Machine Tool & Tool Group Share Co., Ltd. (000837.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener