Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Canature Health Technology Co., Ltd. (300272.SZ)

Company Dividend Discount ModelIndustry: Industrial - Pollution & Treatment ControlsSector: Industrials

Valuation Snapshot

Stable Growth$14.38 - $32.64$30.59
Multi-Stage$5.01 - $5.48$5.24
Blended Fair Value$17.92
Current Price$6.46
Upside177.33%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.91%20.60%0.310.140.120.070.070.160.090.080.060.03
YoY Growth--132.19%11.86%71.00%-3.22%-53.39%76.12%13.44%38.54%85.11%-36.60%
Dividend Yield--4.78%2.43%2.05%0.98%1.56%3.56%1.17%1.19%0.78%0.30%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)94.76
(-) Cash Dividends Paid (M)78.36
(=) Cash Retained (M)16.41
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)18.9511.857.11
Cash Retained (M)16.4116.4116.41
(-) Cash Required (M)-18.95-11.85-7.11
(=) Excess Retained (M)-2.554.569.30
(/) Shares Outstanding (M)577.34577.34577.34
(=) Excess Retained per Share0.000.010.02
LTM Dividend per Share0.140.140.14
(+) Excess Retained per Share0.000.010.02
(=) Adjusted Dividend0.130.140.15
WACC / Discount Rate6.46%6.46%6.46%
Growth Rate5.50%6.50%7.50%
Fair Value$14.38$30.59$32.64
Upside / Downside122.67%373.55%405.31%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)94.76100.92107.48114.47121.91129.83133.73
Payout Ratio82.69%84.15%85.61%87.07%88.54%90.00%92.50%
Projected Dividends (M)78.3684.9392.0299.67107.94116.85123.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.46%6.46%6.46%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)79.0279.7780.52
Year 2 PV (M)79.6781.1982.72
Year 3 PV (M)80.3082.6084.95
Year 4 PV (M)80.9184.0287.22
Year 5 PV (M)81.5085.4489.52
PV of Terminal Value (M)2,491.302,611.632,736.57
Equity Value (M)2,892.693,024.643,161.50
Shares Outstanding (M)577.34577.34577.34
Fair Value$5.01$5.24$5.48
Upside / Downside-22.44%-18.90%-15.23%

High-Yield Dividend Screener

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