Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Sunwoda Electronic Co.,Ltd (300207.SZ)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$152.39 - $179.55$168.26
Multi-Stage$100.20 - $109.95$104.99
Blended Fair Value$136.62
Current Price$33.79
Upside304.33%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.70%28.45%0.410.440.410.300.220.280.280.080.050.04
YoY Growth---5.72%6.99%34.77%34.20%-20.56%2.27%264.60%56.50%11.80%29.36%
Dividend Yield--1.85%3.04%2.02%1.10%1.16%2.00%2.22%0.66%0.39%0.33%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,661.44
(-) Cash Dividends Paid (M)649.55
(=) Cash Retained (M)1,011.89
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)332.29207.68124.61
Cash Retained (M)1,011.891,011.891,011.89
(-) Cash Required (M)-332.29-207.68-124.61
(=) Excess Retained (M)679.61804.21887.29
(/) Shares Outstanding (M)1,840.311,840.311,840.31
(=) Excess Retained per Share0.370.440.48
LTM Dividend per Share0.350.350.35
(+) Excess Retained per Share0.370.440.48
(=) Adjusted Dividend0.720.790.84
WACC / Discount Rate3.04%3.04%3.04%
Growth Rate5.50%6.50%7.50%
Fair Value$152.39$168.26$179.55
Upside / Downside351.00%397.96%431.36%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,661.441,769.441,884.452,006.942,137.392,276.322,344.61
Payout Ratio39.10%49.28%59.46%69.64%79.82%90.00%92.50%
Projected Dividends (M)649.55871.911,120.441,397.601,706.052,048.692,168.76

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate3.04%3.04%3.04%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)838.27846.22854.16
Year 2 PV (M)1,035.651,055.381,075.29
Year 3 PV (M)1,241.991,277.641,313.97
Year 4 PV (M)1,457.601,513.661,571.31
Year 5 PV (M)1,682.811,764.091,848.48
PV of Terminal Value (M)178,144.35186,748.79195,682.54
Equity Value (M)184,400.68193,205.77202,345.76
Shares Outstanding (M)1,840.311,840.311,840.31
Fair Value$100.20$104.99$109.95
Upside / Downside196.54%210.70%225.40%

High-Yield Dividend Screener

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