Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tech-Bank Food Co., Ltd. (002124.SZ)

Company Dividend Discount ModelIndustry: Agricultural Farm ProductsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$6.19 - $33.71$12.05
Multi-Stage$3.52 - $3.85$3.68
Blended Fair Value$7.87
Current Price$2.92
Upside169.35%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.83%9.11%0.070.080.130.420.050.040.060.050.040.03
YoY Growth---9.22%-37.26%-69.49%703.14%36.93%-39.73%21.92%45.20%11.66%5.02%
Dividend Yield--2.35%2.41%2.19%4.74%0.44%0.48%0.49%1.35%0.73%0.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)376.67
(-) Cash Dividends Paid (M)100.20
(=) Cash Retained (M)276.47
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)75.3347.0828.25
Cash Retained (M)276.47276.47276.47
(-) Cash Required (M)-75.33-47.08-28.25
(=) Excess Retained (M)201.14229.39248.22
(/) Shares Outstanding (M)2,222.542,222.542,222.54
(=) Excess Retained per Share0.090.100.11
LTM Dividend per Share0.050.050.05
(+) Excess Retained per Share0.090.100.11
(=) Adjusted Dividend0.140.150.16
WACC / Discount Rate7.81%7.81%7.81%
Growth Rate5.50%6.50%7.50%
Fair Value$6.19$12.05$33.71
Upside / Downside111.98%312.58%1,054.28%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)376.67401.16427.23455.00484.58516.07531.56
Payout Ratio26.60%39.28%51.96%64.64%77.32%90.00%92.50%
Projected Dividends (M)100.20157.58221.99294.11374.68464.47491.69

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.81%7.81%7.81%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)144.79146.16147.53
Year 2 PV (M)187.42190.99194.59
Year 3 PV (M)228.16234.71241.38
Year 4 PV (M)267.06277.33287.90
Year 5 PV (M)304.20318.89334.15
PV of Terminal Value (M)6,693.667,016.967,352.64
Equity Value (M)7,825.288,185.048,558.19
Shares Outstanding (M)2,222.542,222.542,222.54
Fair Value$3.52$3.68$3.85
Upside / Downside20.58%26.12%31.87%

High-Yield Dividend Screener

« Prev Page 32 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603551.SSAUPU Intelligent Technology Corporation Limited4.75%$0.5570.57%
ABCB4.SABanco ABC Brasil S.A.4.75%$1.1227.47%
ASSA.JKPT Adi Sarana Armada Tbk4.75%$55.3753.84%
CHMF.MEPJSC Severstal4.75%$45.6947.39%
LMN.SWlastminute.com N.V.4.75%$0.6239.82%
LREN3.SALojas Renner S.A.4.75%$0.6445.84%
POT.NZPort of Tauranga Limited4.75%$0.3793.98%
005720.KSNexen Corporation4.74%$283.1621.67%
0DTK.LSavencia S.A.4.74%$2.9720.78%
1368.HKXtep International Holdings Limited4.74%$0.2535.82%
3030.SRSaudi Cement Company4.74%$1.6459.10%
EGIE3.SAEngie Brasil Energia S.A.4.74%$1.4839.71%
3570.TWOOtsuka Information Technology Corp.4.73%$7.9755.25%
600096.SSYunnan Yuntianhua Co., Ltd.4.73%$1.5851.07%
CHE-UN.TOChemtrade Logistics Income Fund4.73%$0.7071.01%
GVHGlobavend Holdings Limited4.73%$0.0761.06%
MOUR.BRMoury Construct S.A.4.73%$27.3520.85%
1578.HKBank of Tianjin Co., Ltd.4.72%$0.1210.90%
601598.SSSinotrans Limited4.72%$0.2956.81%
6393.TYuken Kogyo Co., Ltd.4.72%$152.0845.60%
7278.TEXEDY Corporation4.72%$264.7876.11%
SHURB.XDShurgard Self Storage Ltd4.72%$1.3821.77%
TDThe Toronto-Dominion Bank4.72%$4.4637.31%
0QLW.LALSO Holding AG4.71%$10.0755.86%
111110.KSHojeon Limited4.71%$377.8120.16%
3413.TWFoxsemicon Integrated Technology Inc.4.71%$13.2962.47%
BVG.BKBlueVenture Group Public Company Limited4.71%$0.0858.67%
DUNI.STDuni AB (publ)4.71%$5.0071.87%
002810.KSSamyung Trading Co., Ltd.4.70%$746.8222.45%
013520.KSHwaseung Corporation Co.,Ltd.4.70%$101.2413.31%
2S.BK2S Metal Public Company Limited4.70%$0.1176.54%
COLOR.BKSalee Colour Public Company Limited4.70%$0.0565.65%
GJTL.JKPT. Gajah Tunggal Tbk4.70%$49.8216.37%
JHSF3.SAJHSF Participações S.A.4.70%$0.3719.33%
0QLN.LTecan Group AG4.69%$6.0146.42%
2891.TWCTBC Financial Holding Co., Ltd.4.69%$2.3963.03%
9536.SRArabian Food & Dairy Factories Company4.69%$2.7742.88%
KAMART.BKKarmarts Public Company Limited4.69%$0.4280.09%
SNW.DESanofi4.69%$3.8751.33%
WWL.WAWawel S.A.4.69%$35.0061.86%
603299.SSJiang Su Suyan Jingshen Co.,Ltd.4.68%$0.4972.35%
001790.KSTS Corporation4.67%$129.8523.71%
6049.HKPoly Property Services Co., Ltd.4.67%$1.5127.86%
ABRD.MEPJSC Abrau-Durso4.67%$7.7335.43%
CURY3.SACury Construtora e Incorporadora S.A.4.67%$1.4749.28%
INCI.JKPT Intanwijaya Internasional Tbk4.67%$34.7631.60%
NTGY.MCNaturgy Energy Group, S.A.4.67%$1.2057.49%
1015.KLAMMB Holdings Berhad4.66%$0.3048.65%
1686.HKSUNeVision Holdings Ltd.4.66%$0.2247.87%
1834.SRSaudi Manpower Solutions Co.4.66%$0.2581.73%