Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Ningbo Construction Co., Ltd. (601789.SS)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$3.94 - $7.74$5.44
Multi-Stage$6.20 - $6.80$6.49
Blended Fair Value$5.96
Current Price$5.69
Upside4.80%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.43%5.37%0.330.300.310.090.240.280.270.250.210.26
YoY Growth--8.07%-2.85%257.34%-63.31%-14.00%2.11%7.93%19.77%-20.18%35.24%
Dividend Yield--5.80%7.05%5.78%1.19%6.00%6.67%5.66%6.23%3.04%5.08%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)271.17
(-) Cash Dividends Paid (M)213.27
(=) Cash Retained (M)57.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)54.2333.9020.34
Cash Retained (M)57.9057.9057.90
(-) Cash Required (M)-54.23-33.90-20.34
(=) Excess Retained (M)3.6724.0037.56
(/) Shares Outstanding (M)1,120.341,120.341,120.34
(=) Excess Retained per Share0.000.020.03
LTM Dividend per Share0.190.190.19
(+) Excess Retained per Share0.000.020.03
(=) Adjusted Dividend0.190.210.22
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate1.43%2.43%3.43%
Fair Value$3.94$5.44$7.74
Upside / Downside-30.84%-4.47%36.07%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)271.17277.76284.50291.41298.49305.75314.92
Payout Ratio78.65%80.92%83.19%85.46%87.73%90.00%92.50%
Projected Dividends (M)213.27224.76236.68249.04261.87275.17291.30

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate1.43%2.43%3.43%
Year 1 PV (M)209.14211.20213.26
Year 2 PV (M)204.92208.98213.08
Year 3 PV (M)200.64206.63212.74
Year 4 PV (M)196.31204.17212.26
Year 5 PV (M)191.95201.60211.63
PV of Terminal Value (M)5,941.066,239.766,550.35
Equity Value (M)6,944.017,272.337,613.32
Shares Outstanding (M)1,120.341,120.341,120.34
Fair Value$6.20$6.49$6.80
Upside / Downside8.93%14.08%19.43%

High-Yield Dividend Screener

« Prev Page 31 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0QLX.LMetall Zug AG4.87%$39.8932.62%
6418.TJapan Cash Machine Co., Ltd.4.86%$49.9871.76%
A2A.MIA2A S.p.A.4.86%$0.1147.95%
GEST.MCGestamp Automoción, S.A.4.86%$0.1550.80%
2296.HKHuarchi Global Group Holdings Limited4.85%$0.0578.87%
7004.TKanadevia Corp4.85%$46.0936.42%
001630.KSChong Kun Dang Holdings Corp.4.84%$2,194.2330.09%
020000.KSHANDSOME Corp.4.84%$749.9941.55%
0906.HKCPMC Holdings Limited4.84%$0.3439.95%
603323.SSJiangsu Suzhou Rural Commercial Bank Co., Ltd4.84%$0.2424.36%
ESEAEuroseas Ltd.4.84%$2.6215.15%
JPFA.JKPT Japfa Comfeed Indonesia Tbk4.84%$140.4348.97%
LPH.BKLadprao General Hospital Public Company Limited4.84%$0.1877.89%
PTNT3.SAPettenati S.A. Industria Têxtil4.84%$0.4243.56%
002100.KSKyung Nong Corporation4.83%$449.7446.25%
3IT.Faudius SE4.83%$0.6747.79%
ME8U.SIMapletree Industrial Trust4.83%$0.1084.21%
SOAG.OLSpareBank 1 Østfold Akershus4.83%$21.8842.41%
0693.HKTan Chong International Limited4.82%$0.1028.87%
2152.HKSuxin Joyful Life Services Co., Ltd.4.82%$0.2719.91%
BDMN.JKPT Bank Danamon Indonesia Tbk4.82%$119.5631.76%
EKAD.JKPT Ekadharma International Tbk4.82%$8.8798.38%
PTG-R.BKPTG Energy Public Company Limited4.82%$0.3462.48%
VEND.OLVend Marketplaces ASA4.82%$17.2449.52%
1890.HKChina Kepei Education Group Limited4.81%$0.0616.29%
BASS.PABassac S.A.4.81%$2.4628.93%
DEYAAR.AEDeyaar Development PJSC4.81%$0.0540.79%
SDF.AXSteadfast Group Limited4.81%$0.2650.20%
SXE.AXSouthern Cross Electrical Engineering Limited4.81%$0.1259.32%
HPOL-B.STHEXPOL AB (publ)4.80%$4.2174.04%
MEGA-R.BKMega Lifesciences Public Company Limited4.80%$1.6170.67%
PTL-R.BKPolyplex (Thailand) Public Company Limited4.80%$0.4081.34%
000828.SZDongguan Development (Holdings) Co., Ltd.4.79%$0.5250.35%
002372.SZZhejiang Weixing New Building Materials Co., Ltd.4.79%$0.5090.51%
002736.SZGuosen Securities Co., Ltd.4.79%$0.6351.57%
600612.SSLao Feng Xiang Co., Ltd.4.79%$2.1369.19%
6285.TWWNC Corporation4.79%$4.7975.15%
6642.TWOFuzetec Technology Co., Ltd.4.79%$2.5094.93%
BSGR.ASB&S Group S.A.4.79%$0.2824.05%
030210.KSDaol Investment & Securities Co., Ltd.4.78%$165.8688.74%
0960.HKLongfor Group Holdings Limited4.78%$0.4215.35%
2176.HKCCID Consulting Company Limited4.78%$0.0866.12%
600820.SSShanghai Tunnel Engineering Co., Ltd.4.77%$0.3138.17%
8097.TSan-Ai Obbli Co., Ltd.4.77%$100.8088.28%
2722.HKChongqing Machinery & Electric Co., Ltd.4.76%$0.0935.27%
7267.THonda Motor Co., Ltd.4.76%$73.1447.07%
VALMT.HEValmet Oyj4.76%$1.3590.84%
000928.SZSinosteel Engineering & Technology Co., Ltd.4.75%$0.3160.04%
029780.KSSamsung Card Co., Ltd.4.75%$2,578.9146.87%
2020.HKANTA Sports Products Limited4.75%$3.8940.14%