Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Fujian Funeng Co., Ltd. (600483.SS)

Company Dividend Discount ModelIndustry: Diversified UtilitiesSector: Utilities

Valuation Snapshot

Stable Growth$26.55 - $74.92$41.36
Multi-Stage$17.60 - $19.25$18.41
Blended Fair Value$29.89
Current Price$9.83
Upside204.04%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS11.45%11.08%0.470.500.360.400.300.270.290.220.220.24
YoY Growth---5.99%39.39%-9.99%31.30%11.02%-5.68%32.46%-1.15%-6.04%43.32%
Dividend Yield--5.10%4.77%3.81%4.67%4.09%4.33%3.77%3.71%2.57%2.53%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,008.96
(-) Cash Dividends Paid (M)340.46
(=) Cash Retained (M)2,668.50
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)601.79376.12225.67
Cash Retained (M)2,668.502,668.502,668.50
(-) Cash Required (M)-601.79-376.12-225.67
(=) Excess Retained (M)2,066.712,292.382,442.83
(/) Shares Outstanding (M)2,785.582,785.582,785.58
(=) Excess Retained per Share0.740.820.88
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share0.740.820.88
(=) Adjusted Dividend0.860.951.00
WACC / Discount Rate8.93%8.93%8.93%
Growth Rate5.50%6.50%7.50%
Fair Value$26.55$41.36$74.92
Upside / Downside170.11%320.78%662.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,008.963,204.543,412.843,634.673,870.924,122.544,246.21
Payout Ratio11.31%27.05%42.79%58.53%74.26%90.00%92.50%
Projected Dividends (M)340.46866.891,460.322,127.232,874.663,710.283,927.75

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.93%8.93%8.93%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)788.33795.80803.27
Year 2 PV (M)1,207.621,230.621,253.84
Year 3 PV (M)1,599.691,645.611,692.41
Year 4 PV (M)1,965.852,041.452,119.21
Year 5 PV (M)2,307.342,418.782,534.49
PV of Terminal Value (M)41,164.9543,153.2345,217.61
Equity Value (M)49,033.7751,285.5053,620.83
Shares Outstanding (M)2,785.582,785.582,785.58
Fair Value$17.60$18.41$19.25
Upside / Downside79.07%87.29%95.82%

High-Yield Dividend Screener

« Prev Page 30 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
DIB.AEDubai Islamic Bank P.J.S.C.4.96%$0.4741.66%
002701.SZORG Technology Co.,Ltd.4.95%$0.2968.18%
3702.TWWPG Holdings Limited4.95%$2.9381.01%
5353.TWOTailyn Technologies, Inc.4.95%$1.2992.09%
8966.THeiwa Real Estate REIT, Inc.4.95%$7,784.9462.25%
BOBA.JKPT Formosa Ingredient Factory Tbk4.95%$9.0050.69%
EPG-R.BKEastern Polymer Group Public Company Limited4.95%$0.1439.44%
MMP-UN.TOPrecious Metals and Mining Trust4.95%$0.1937.80%
VFQS.QAVodafone Qatar P.Q.S.C.4.95%$0.1280.20%
WJX.TOWajax Corporation4.95%$1.3765.74%
0RI3.LPareto Bank ASA4.94%$4.4950.07%
3226.TMitsui Fudosan Accommodations Fund Inc.4.94%$6,633.1172.65%
600987.SSZhejiang Hangmin Co.,Ltd4.94%$0.3447.75%
6596.TWOKuang Hong Arts Management Incorporation4.94%$6.9937.90%
ALLUX.PAInstallux S.A.4.94%$15.3129.71%
5110.SRSaudi Electricity Company4.93%$0.7051.64%
HYPE3.SAHypera S.A.4.93%$1.1588.85%
0966.HKChina Taiping Insurance Holdings Company Limited4.92%$0.9521.78%
5213.TWOYeaShin International Development Co., Ltd.4.92%$1.1837.56%
600295.SSInner Mongolia Erdos Resources Co.,ltd.4.92%$0.6192.93%
6192.TWLumax International Corp., Ltd.4.92%$5.4852.55%
E3G1.SGEvolution AB (publ)4.92%$2.8450.73%
XO.BKExotic Food Public Company Limited4.92%$0.7257.45%
059090.KQMiCo Ltd.4.91%$674.3669.83%
0662.HKAsia Financial Holdings Limited4.91%$0.2419.50%
4928.TNoevir Holdings Co., Ltd.4.91%$224.9495.68%
600970.SSSinoma International Engineering Co.Ltd4.91%$0.5144.22%
601319.SSThe People's Insurance Company (Group) of China Limited4.91%$0.4442.28%
EVLI.HEEvli Oyj4.91%$1.1492.58%
MRXMarex Group plc Ordinary Shares4.91%$1.8638.69%
SPMA.JKPT Suparma Tbk4.91%$11.9734.68%
TABREED.AENational Central Cooling Company PJSC4.91%$0.1677.99%
081660.KSMisto Holdings Corp.4.90%$2,010.6262.73%
300770.SZGuangdong South New Media Co.,Ltd.4.90%$2.0863.80%
7944.TRoland Corporation4.90%$174.9564.69%
IGTInternational Game Technology PLC4.90%$0.8083.51%
SYDB.COSydbank A/S4.90%$27.5761.30%
7246.KLSignature International Berhad4.89%$0.0748.72%
9917.TWTaiwan Secom Co., Ltd.4.89%$5.2880.23%
QBE.AXQBE Insurance Group Limited4.89%$0.9739.27%
TRIS3.SATrisul S.A.4.89%$0.3025.32%
000877.SZTianshan Material Co., Ltd.4.88%$0.2693.74%
0236.HKSan Miguel Brewery Hong Kong Limited4.88%$0.0633.49%
4007.SRAl Hammadi Holding Company4.88%$1.3884.27%
600901.SSJiangsu Financial Leasing Co., Ltd.4.88%$0.3054.72%
601098.SSChina South Publishing & Media Group Co., Ltd4.88%$0.5562.37%
SPIE.PASPIE S.a.4.88%$2.4095.87%
TOTO.JKPT Surya Toto Indonesia Tbk4.88%$13.1736.11%
002035.SZVatti Corporation Limited4.87%$0.3057.45%
002807.SZJiangsu Jiangyin Rural Commercial Bank Co.,LTD.4.87%$0.2225.03%