Definitive Analysis
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Analysis Mode

Ticker

Industry

Sector

CECEP Solar Energy Co.,Ltd. (000591.SZ)

Company Dividend Discount ModelIndustry: Renewable UtilitiesSector: Utilities

Valuation Snapshot

Stable Growth$7.35 - $25.27$12.09
Multi-Stage$7.36 - $8.06$7.70
Blended Fair Value$9.90
Current Price$4.54
Upside118.04%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS30.12%8.88%0.300.130.110.100.080.080.060.020.150.20
YoY Growth--133.11%17.43%14.27%12.73%5.77%42.47%208.85%-87.70%-28.03%61.17%
Dividend Yield--6.72%2.40%1.59%1.09%1.23%2.47%1.31%0.38%2.72%3.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,059.87
(-) Cash Dividends Paid (M)668.87
(=) Cash Retained (M)391.01
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)211.97132.4879.49
Cash Retained (M)391.01391.01391.01
(-) Cash Required (M)-211.97-132.48-79.49
(=) Excess Retained (M)179.03258.52311.52
(/) Shares Outstanding (M)3,918.663,918.663,918.66
(=) Excess Retained per Share0.050.070.08
LTM Dividend per Share0.170.170.17
(+) Excess Retained per Share0.050.070.08
(=) Adjusted Dividend0.220.240.25
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate3.45%4.45%5.45%
Fair Value$7.35$12.09$25.27
Upside / Downside61.97%166.39%456.65%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,059.871,107.031,156.291,207.741,261.481,317.611,357.14
Payout Ratio63.11%68.49%73.86%79.24%84.62%90.00%92.50%
Projected Dividends (M)668.87758.17854.09957.051,067.481,185.851,255.35

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate3.45%4.45%5.45%
Year 1 PV (M)705.12711.94718.76
Year 2 PV (M)738.76753.11767.60
Year 3 PV (M)769.90792.44815.42
Year 4 PV (M)798.65829.98862.23
Year 5 PV (M)825.13865.79908.04
PV of Terminal Value (M)25,003.5926,235.6727,515.85
Equity Value (M)28,841.1530,188.9431,587.89
Shares Outstanding (M)3,918.663,918.663,918.66
Fair Value$7.36$7.70$8.06
Upside / Downside62.11%69.69%77.55%

High-Yield Dividend Screener

« Prev Page 30 of 30
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
LZOEXLazard Emerging Markets Equity Portfolio0.09%$0.0236.87%
PWRQuanta Services, Inc.0.09%$0.395.78%
AAMIAcadian Asset Management0.08%$0.041.59%
PDLBPonce Financial Group, Inc.0.08%$0.011.31%
VRTVertiv Holdings Co0.08%$0.155.48%
0J46.LHEICO Corporation0.07%$0.234.98%
0JYM.LMarkel Corporation0.07%$1.410.87%
CHCIComstock Holding Companies, Inc.0.06%$0.010.56%
MTVCMotive Capital Corp II0.06%$0.012.21%
ENJEntergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 20520.05%$0.010.31%
ENOEntergy New Orleans, LLC First Mortgage Bonds, 5.50% Series due April 1, 20660.05%$0.010.31%
AJRDAerojet Rocketdyne Holdings, Inc.0.04%$0.022.70%
ERESEast Resources Acquisition Company0.04%$0.001.55%
NBNNortheast Bank0.04%$0.040.38%
ARHSArhaus, Inc.0.03%$0.000.61%
BSIGBrightSphere Investment Group Inc.0.03%$0.010.34%
EWCZEuropean Wax Center, Inc.0.03%$0.000.37%
WIREEncore Wire Corporation0.03%$0.080.42%
ACFNAcorn Energy, Inc.0.02%$0.000.09%
ACMRACM Research, Inc.0.02%$0.010.62%
CFBCrossFirst Bankshares, Inc.0.02%$0.000.21%
FDSBFifth District Savings Bank0.02%$0.000.35%
GRDNGuardian Pharmacy Services, Inc.0.02%$0.000.75%
NVDANVIDIA Corporation0.02%$0.040.98%
AMGAffiliated Managers Group, Inc.0.01%$0.040.23%
BSX-PABoston Scientific Corporation0.01%$0.020.82%
FIGRFigure Technology Solutions, Inc. Class A Common Stock0.01%$0.002.22%
GNRCGenerac Holdings Inc.0.01%$0.010.18%
LAURLaureate Education, Inc.0.01%$0.000.22%
PLNTPlanet Fitness, Inc.0.01%$0.010.57%
SUMSummit Materials, Inc.0.01%$0.000.32%
BEBloom Energy Corporation0.00%$0.006.20%
BJRIBJ's Restaurants, Inc.0.00%$0.000.01%
CXWCoreCivic, Inc.0.00%$0.000.04%
INFAInformatica Inc.0.00%$0.000.10%
MMMBMamaMancini's Holdings, Inc.0.00%$0.000.04%
PMOPutnam Municipal Opportunities Trust0.00%$0.000.05%
SENEASeneca Foods Corporation0.00%$0.000.04%
SLCAU.S. Silica Holdings, Inc.0.00%$0.000.02%
UNITUniti Group Inc.0.00%$0.000.00%