Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ningbo Orient Wires & Cables Co.,Ltd. (603606.SS)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$27.57 - $59.33$39.35
Multi-Stage$20.42 - $22.28$21.33
Blended Fair Value$30.34
Current Price$70.64
Upside-57.05%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS32.04%16.69%0.480.300.400.240.140.120.090.070.040.06
YoY Growth--59.65%-25.25%68.64%65.95%20.19%29.01%33.47%86.99%-38.15%-41.45%
Dividend Yield--0.99%0.65%0.82%0.46%0.61%0.98%1.00%1.20%0.40%0.74%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)990.01
(-) Cash Dividends Paid (M)322.85
(=) Cash Retained (M)667.17
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)198.00123.7574.25
Cash Retained (M)667.17667.17667.17
(-) Cash Required (M)-198.00-123.75-74.25
(=) Excess Retained (M)469.16543.42592.92
(/) Shares Outstanding (M)685.65685.65685.65
(=) Excess Retained per Share0.680.790.86
LTM Dividend per Share0.470.470.47
(+) Excess Retained per Share0.680.790.86
(=) Adjusted Dividend1.161.261.34
WACC / Discount Rate9.92%9.92%9.92%
Growth Rate5.50%6.50%7.50%
Fair Value$27.57$39.35$59.33
Upside / Downside-60.97%-44.30%-16.00%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)990.011,054.361,122.901,195.891,273.621,356.401,397.09
Payout Ratio32.61%44.09%55.57%67.04%78.52%90.00%92.50%
Projected Dividends (M)322.85464.85623.95801.771,000.071,220.761,292.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.92%9.92%9.92%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)418.93422.90426.87
Year 2 PV (M)506.76516.41526.16
Year 3 PV (M)586.85603.70620.87
Year 4 PV (M)659.69685.06711.15
Year 5 PV (M)725.71760.77797.16
PV of Terminal Value (M)11,102.2011,638.4412,195.20
Equity Value (M)14,000.1414,627.2815,277.41
Shares Outstanding (M)685.65685.65685.65
Fair Value$20.42$21.33$22.28
Upside / Downside-71.09%-69.80%-68.46%

High-Yield Dividend Screener

« Prev Page 36 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603317.SSSichuan Teway Food Group Co.,Ltd4.37%$0.5599.52%
ATRUST.ATAlpha Trust Mutual Fund and Alternative Investment Fund Management S.A.4.37%$0.5666.75%
BAM-R.BKBangkok Commercial Asset Management Public Company Limited4.37%$0.3550.66%
BPP-R.BKBanpu Power Public Company Limited4.37%$0.5585.50%
CRR-UN.TOCrombie Real Estate Investment Trust4.37%$0.6776.03%
U14.SIUOL Group Limited4.37%$0.3828.25%
016710.KSDaesung Holdings Co., Ltd.4.36%$368.1823.51%
093050.KSLF Corp.4.36%$772.5624.62%
600285.SSHenan Lingrui Pharmaceutical Co., Ltd.4.36%$0.9064.11%
EMAARDEV.AEEmaar Development PJSC4.36%$0.6827.01%
EN.PABouygues S.A.4.36%$1.9772.18%
HWX.TOHeadwater Exploration Inc.4.36%$0.4257.78%
PIRC.MIPirelli & C. S.p.A.4.36%$0.2651.67%
ZWACK.BDZwack Unicum Nyrt.4.36%$1,500.0088.31%
000531.SZGuangzhou Hengyun Enterprises Holding Ltd4.35%$0.2868.19%
000538.SZYunnan Baiyao Group Co.,Ltd4.35%$2.4784.67%
4792.TYAMADA Consulting Group Co.,Ltd.4.35%$76.8861.51%
603165.SSZhejiang Rongsheng Environmental Protection Paper Joint Stock Co., Ltd.4.35%$0.5573.83%
SBFG3.SAGrupo SBF S.A.4.35%$0.5537.97%
000240.KSHankook & Company Co., Ltd.4.34%$1,090.2033.39%
WCP.TOWhitecap Resources Inc.4.34%$0.5168.17%
8595.TJAFCO Group Co., Ltd.4.33%$104.3181.02%
ADW-A.TOAndrew Peller Limited4.33%$0.2364.87%
ITRNIturan Location and Control Ltd.4.33%$1.8464.72%
MRG-UN.TOMorguard North American Residential Real Estate Investment Trust4.33%$0.7528.03%
SYNEX-R.BKSynnex (Thailand) Public Company Limited4.33%$0.4353.70%
002275.SZGuilin Sanjin Pharmaceutical Co., Ltd.4.32%$0.6168.51%
091700.KQPartron Co., Ltd.4.32%$299.9351.71%
000333.SZMidea Group Co., Ltd.4.31%$3.3757.37%
002460.KSHS Hwasung Co., Ltd.4.31%$499.9314.25%
002833.SZGuangzhou KDT Machinery Co.,Ltd.4.31%$0.7074.51%
1050.HKKarrie International Holdings Limited4.31%$0.1159.43%
2763.TFTGroup Co., Ltd.4.31%$55.3330.88%
SB1NO.OLSpareBank 1 Sørøst-Norge4.31%$8.5049.18%
018250.KSAekyung Industrial Co., Ltd.4.30%$579.5745.50%
300441.SZNingbo BaoSi Energy Equipment Co., Ltd.4.30%$0.3272.05%
4042.TTosoh Corporation4.30%$101.0478.91%
4261.SRTheeb Rent A Car Company4.30%$1.6436.96%
AVIA.JKPT Avia Avian Tbk4.30%$22.3878.99%
PREVA.ASValue8 N.V.4.30%$0.2111.56%
SONYN.MXSony Group Corporation4.30%$20.0110.30%
SYMC.BKSymphony Communication Public Company Limited4.30%$0.1542.26%
TOA.BKTOA Paint (Thailand) Public Company Limited4.30%$0.5846.29%
2546.TWKedge Construction Co., Ltd.4.29%$3.6945.15%
267290.KSKyungdong City Gas Co., Ltd4.29%$875.0617.76%
601168.SSWestern Mining Co.,Ltd.4.29%$1.1989.92%
INH.DEINDUS Holding AG4.29%$1.2259.56%
OSP-R.BKOsotspa Public Company Limited4.29%$0.6959.37%
PE1.AXPengana Private Equity Trust4.29%$0.0632.51%
003540.KSDaishin Securities Co., Ltd.4.28%$1,158.7444.30%