Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhangzhou Pientzehuang Pharmaceutical., Ltd (600436.SS)

Company Dividend Discount ModelIndustry: Drug Manufacturers - GeneralSector: Healthcare

Valuation Snapshot

Stable Growth$83.34 - $193.29$122.04
Multi-Stage$59.87 - $65.37$62.57
Blended Fair Value$92.31
Current Price$196.79
Upside-53.09%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS40.21%27.08%3.531.301.260.940.870.650.470.330.280.27
YoY Growth--171.11%3.16%33.63%8.97%33.04%38.13%44.20%18.38%3.60%-16.97%
Dividend Yield--1.74%0.56%0.44%0.30%0.30%0.52%0.40%0.39%0.55%0.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,419.67
(-) Cash Dividends Paid (M)716.71
(=) Cash Retained (M)1,702.96
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)483.93302.46181.47
Cash Retained (M)1,702.961,702.961,702.96
(-) Cash Required (M)-483.93-302.46-181.47
(=) Excess Retained (M)1,219.021,400.501,521.48
(/) Shares Outstanding (M)602.80602.80602.80
(=) Excess Retained per Share2.022.322.52
LTM Dividend per Share1.191.191.19
(+) Excess Retained per Share2.022.322.52
(=) Adjusted Dividend3.213.513.71
WACC / Discount Rate9.57%9.57%9.57%
Growth Rate5.50%6.50%7.50%
Fair Value$83.34$122.04$193.29
Upside / Downside-57.65%-37.98%-1.78%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,419.672,576.942,744.452,922.833,112.823,315.153,414.61
Payout Ratio29.62%41.70%53.77%65.85%77.92%90.00%92.50%
Projected Dividends (M)716.711,074.481,475.741,924.632,425.632,983.643,158.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.57%9.57%9.57%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)971.47980.68989.89
Year 2 PV (M)1,206.351,229.331,252.52
Year 3 PV (M)1,422.461,463.291,504.90
Year 4 PV (M)1,620.871,683.201,747.32
Year 5 PV (M)1,802.601,889.671,980.07
PV of Terminal Value (M)29,066.8930,470.8331,928.51
Equity Value (M)36,090.6537,717.0139,403.20
Shares Outstanding (M)602.80602.80602.80
Fair Value$59.87$62.57$65.37
Upside / Downside-69.58%-68.20%-66.78%

High-Yield Dividend Screener

« Prev Page 35 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3487.TCRE Logistics REIT, Inc.4.46%$7,526.1570.87%
6012.KLMaxis Berhad4.46%$0.1791.48%
7052.KLPadini Holdings Berhad4.46%$0.0848.65%
CRAV.PACaisse régionale de Crédit Agricole Mutuel Atlantique Vendée4.46%$6.2528.59%
GWCS.QAGulf Warehousing Company Q.P.S.C.4.46%$0.1054.78%
005940.KSNH Investment & Securities Co., Ltd.4.45%$948.2345.04%
0291.HKChina Resources Beer (Holdings) Company Limited4.45%$1.1843.56%
600269.SSJiangxi Ganyue Expressway CO.,LTD.4.45%$0.2330.75%
ASCO.ATAs Commercial Industrial Company of Computers and Toys S.A.4.45%$0.1843.19%
BOKUS.STBokusgruppen AB (publ)4.45%$3.3986.63%
000598.SZChengdu Xingrong Environment Co., Ltd.4.44%$0.3244.55%
058860.KSKTIS Corporation4.44%$120.0910.16%
DEWA.AEDubai Electricity and Water Authority (PJSC)4.44%$0.1285.40%
GALP.LSGalp Energia, SGPS, S.A.4.44%$0.6549.23%
MONC.MIMoncler S.p.A.4.44%$2.4352.33%
ORTHEX.HEOrthex Oyj4.44%$0.2157.93%
6270.TWOProfessional Computer Technology Limited4.43%$1.0076.06%
9802.TWFulgent Sun International (Holding) Co., Ltd.4.43%$4.5266.25%
FROTO.ISFord Otomotiv Sanayi A.S.4.43%$4.2443.47%
TCM.COTCM Group A/S4.43%$2.9746.27%
YDUQ3.SAYduqs Participações S.A.4.43%$0.5461.33%
1651.HKPrecision Tsugami (China) Corporation Limited4.42%$1.5345.55%
210980.KSSK D&D Co. Ltd.4.42%$600.1317.82%
HER.MIHera S.p.A.4.42%$0.1851.61%
015360.KSINVENI Co., Ltd.4.41%$2,880.2415.75%
603889.SSZhejiang Xinao Textiles Inc.4.41%$0.3558.00%
6214.TWSystex Corporation4.41%$5.2176.44%
BGIP3.SABanco do Estado de Sergipe S.A.4.41%$1.7021.11%
TLDN.JKPT Teladan Prima Agro Tbk4.41%$30.8931.72%
WEHA.JKPT WEHA Transportasi Indonesia Tbk4.41%$6.0038.19%
1662.HKYee Hop Holdings Limited4.40%$0.1052.30%
267850.KSAsiana IDT, Inc.4.40%$499.2843.32%
605599.SSBeijing Caishikou Department Store Co.,Ltd.4.40%$0.7268.99%
7202.SRArabian Internet and Communications Services Co. Ltd.4.40%$9.9276.74%
8415.TWOBrighton-Best International (Taiwan) Inc.4.40%$1.4856.16%
ISB.ICÍslandsbanki hf.4.40%$6.5447.32%
NCC.AENational Cement Company (Public Shareholding Co.)4.40%$0.2039.44%
WUW.DEWüstenrot & Württembergische AG4.40%$0.6543.88%
0QM5.LEmmi AG4.39%$32.0142.17%
2615.TWWan Hai Lines Ltd.4.39%$3.4928.69%
3234.TMori Hills REIT Investment Corporation4.39%$6,539.4066.38%
BUMP.LSeraphine Group PLC4.39%$1.3476.06%
COM7-R.BKCom7 Public Company Limited4.39%$0.8652.19%
CVECenovus Energy Inc.4.39%$0.7743.95%
VVV3.DEÖkoworld AG4.39%$1.1816.92%
139130.KSiM Financial Group Co., Ltd.4.38%$670.3330.22%
5200.KLUOA Development Bhd4.38%$0.0852.34%
600346.SSHengli Petrochemical Co.,Ltd.4.38%$0.9999.77%
SCHAND.BOS Chand and Company Limited4.38%$7.0248.25%
3029.TWZero One Technology Co., Ltd.4.37%$5.0085.70%