Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Lingbao Gold Group Company Ltd. (3330.HK)

Company Dividend Discount ModelIndustry: GoldSector: Basic Materials

Valuation Snapshot

Stable Growth$31.50 - $89.56$49.18
Multi-Stage$20.70 - $22.64$21.65
Blended Fair Value$35.42
Current Price$9.38
Upside277.60%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-13.75%26.08%0.070.000.000.000.000.140.000.000.000.00
YoY Growth--0.00%0.00%0.00%0.00%-100.00%0.00%0.00%0.00%0.00%-100.00%
Dividend Yield--2.45%0.00%0.00%0.00%0.00%13.48%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,539.70
(-) Cash Dividends Paid (M)80.83
(=) Cash Retained (M)1,458.87
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)307.94192.46115.48
Cash Retained (M)1,458.871,458.871,458.87
(-) Cash Required (M)-307.94-192.46-115.48
(=) Excess Retained (M)1,150.931,266.411,343.39
(/) Shares Outstanding (M)1,207.781,207.781,207.78
(=) Excess Retained per Share0.951.051.11
LTM Dividend per Share0.070.070.07
(+) Excess Retained per Share0.951.051.11
(=) Adjusted Dividend1.021.121.18
WACC / Discount Rate8.92%8.92%8.92%
Growth Rate5.50%6.50%7.50%
Fair Value$31.50$49.18$89.56
Upside / Downside235.85%424.35%854.84%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,539.701,639.781,746.361,859.881,980.772,109.522,172.80
Payout Ratio5.25%22.20%39.15%56.10%73.05%90.00%92.50%
Projected Dividends (M)80.83364.02683.691,043.391,446.951,898.572,009.84

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.92%8.92%8.92%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)331.09334.23337.36
Year 2 PV (M)565.57576.35587.22
Year 3 PV (M)785.03807.57830.53
Year 4 PV (M)990.171,028.241,067.41
Year 5 PV (M)1,181.661,238.741,298.00
PV of Terminal Value (M)21,147.0722,168.4823,228.98
Equity Value (M)25,000.5926,153.6027,349.50
Shares Outstanding (M)1,207.781,207.781,207.78
Fair Value$20.70$21.65$22.64
Upside / Downside120.68%130.86%141.41%

High-Yield Dividend Screener

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