Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Changzhou Tenglong AutoPartsCo.,Ltd. (603158.SS)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$53.05 - $62.50$58.57
Multi-Stage$41.94 - $46.02$43.94
Blended Fair Value$51.26
Current Price$10.88
Upside371.13%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS18.88%15.85%0.220.150.130.160.110.090.160.070.060.00
YoY Growth--45.89%10.90%-16.98%51.61%16.57%-43.56%122.59%30.96%2,021.55%-94.74%
Dividend Yield--2.30%1.77%1.72%2.16%1.23%1.03%1.78%0.80%0.39%0.03%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)156.21
(-) Cash Dividends Paid (M)98.89
(=) Cash Retained (M)57.33
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)31.2419.5311.72
Cash Retained (M)57.3357.3357.33
(-) Cash Required (M)-31.24-19.53-11.72
(=) Excess Retained (M)26.0937.8045.61
(/) Shares Outstanding (M)497.05497.05497.05
(=) Excess Retained per Share0.050.080.09
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.050.080.09
(=) Adjusted Dividend0.250.270.29
WACC / Discount Rate-0.65%-0.65%-0.65%
Growth Rate5.50%6.50%7.50%
Fair Value$53.05$58.57$62.50
Upside / Downside387.60%438.37%474.48%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)156.21166.37177.18188.70200.97214.03220.45
Payout Ratio63.30%68.64%73.98%79.32%84.66%90.00%92.50%
Projected Dividends (M)98.89114.20131.08149.68170.14192.63203.92

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-0.65%-0.65%-0.65%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)113.87114.95116.03
Year 2 PV (M)130.32132.80135.31
Year 3 PV (M)148.38152.64156.98
Year 4 PV (M)168.17174.64181.29
Year 5 PV (M)189.85199.02208.54
PV of Terminal Value (M)20,097.4721,068.1922,076.06
Equity Value (M)20,848.0621,842.2322,874.20
Shares Outstanding (M)497.05497.05497.05
Fair Value$41.94$43.94$46.02
Upside / Downside285.51%303.90%322.98%

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%