Definitive Analysis
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Definitive Analysis

Fundamentals

Mode

Ticker

Industry

Sector

Autek China Inc. (300595.SZ)

Company Dividend Discount ModelIndustry: Medical - Instruments & SuppliesSector: Healthcare

Valuation Snapshot

Stable Growth$28.85 - $109.46$84.03
Multi-Stage$13.68 - $14.96$14.31
Blended Fair Value$49.17
Current Price$17.15
Upside186.70%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS44.33%26.77%0.230.140.140.140.050.040.030.030.080.01
YoY Growth--60.42%1.80%-0.03%204.22%26.11%29.54%5.30%-67.69%808.02%-57.24%
Dividend Yield--1.43%0.76%0.42%0.38%0.07%0.14%0.18%0.30%1.00%0.32%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)491.70
(-) Cash Dividends Paid (M)205.49
(=) Cash Retained (M)286.21
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)98.3461.4636.88
Cash Retained (M)286.21286.21286.21
(-) Cash Required (M)-98.34-61.46-36.88
(=) Excess Retained (M)187.87224.75249.33
(/) Shares Outstanding (M)893.33893.33893.33
(=) Excess Retained per Share0.210.250.28
LTM Dividend per Share0.230.230.23
(+) Excess Retained per Share0.210.250.28
(=) Adjusted Dividend0.440.480.51
WACC / Discount Rate7.11%7.11%7.11%
Growth Rate5.50%6.50%7.50%
Fair Value$28.85$84.03$109.46
Upside / Downside68.20%389.96%538.27%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)491.70523.66557.70593.95632.56673.67693.88
Payout Ratio41.79%51.43%61.08%70.72%80.36%90.00%92.50%
Projected Dividends (M)205.49269.34340.62420.02508.31606.31641.84

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.11%7.11%7.11%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)249.10251.46253.82
Year 2 PV (M)291.35296.90302.50
Year 3 PV (M)332.27341.81351.52
Year 4 PV (M)371.89386.19400.90
Year 5 PV (M)410.25430.06450.64
PV of Terminal Value (M)10,565.7311,076.0611,605.92
Equity Value (M)12,220.5812,782.4813,365.30
Shares Outstanding (M)893.33893.33893.33
Fair Value$13.68$14.31$14.96
Upside / Downside-20.23%-16.57%-12.76%

High-Yield Dividend Screener

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