Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

ANTA Sports Products Limited (2020.HK)

Company Dividend Discount ModelIndustry: LeisureSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$678.40 - $1,924.48$1,803.52
Multi-Stage$267.85 - $293.08$280.23
Blended Fair Value$1,041.87
Current Price$86.20
Upside1,108.67%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS33.80%18.94%2.091.381.290.830.480.490.830.670.530.46
YoY Growth--50.97%7.20%55.62%71.72%-0.85%-41.61%25.21%25.69%15.54%24.44%
Dividend Yield--2.86%2.08%1.43%0.87%0.47%0.78%2.53%2.27%2.56%2.57%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)28,115.00
(-) Cash Dividends Paid (M)11,285.00
(=) Cash Retained (M)16,830.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,623.003,514.382,108.63
Cash Retained (M)16,830.0016,830.0016,830.00
(-) Cash Required (M)-5,623.00-3,514.38-2,108.63
(=) Excess Retained (M)11,207.0013,315.6314,721.38
(/) Shares Outstanding (M)2,905.402,905.402,905.40
(=) Excess Retained per Share3.864.585.07
LTM Dividend per Share3.883.883.88
(+) Excess Retained per Share3.864.585.07
(=) Adjusted Dividend7.748.478.95
WACC / Discount Rate6.70%6.70%6.70%
Growth Rate5.50%6.50%7.50%
Fair Value$678.40$1,803.52$1,924.48
Upside / Downside687.01%1,992.25%2,132.57%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)28,115.0029,942.4831,888.7433,961.5036,169.0038,519.9939,675.59
Payout Ratio40.14%50.11%60.08%70.06%80.03%90.00%92.50%
Projected Dividends (M)11,285.0015,004.4719,159.7823,791.9028,945.2434,667.9936,699.92

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.70%6.70%6.70%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)13,929.7414,061.7814,193.81
Year 2 PV (M)16,513.3716,827.9117,145.41
Year 3 PV (M)19,036.9319,583.4120,140.25
Year 4 PV (M)21,501.4422,328.3223,178.83
Year 5 PV (M)23,907.9125,062.6726,261.63
PV of Terminal Value (M)683,313.81716,318.12750,585.59
Equity Value (M)778,203.20814,182.21851,505.52
Shares Outstanding (M)2,905.402,905.402,905.40
Fair Value$267.85$280.23$293.08
Upside / Downside210.73%225.09%240.00%

High-Yield Dividend Screener

« Prev Page 4 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
VKQInvesco Municipal Trust8.62%$0.8469.07%
ARCCAres Capital Corporation8.61%$1.7691.56%
TPVGTriplePoint Venture Growth BDC Corp.8.52%$0.5767.26%
C-PJCitigroup Inc.8.49%$2.1326.99%
RVTRoyce Value Trust Inc.8.42%$1.3639.40%
OGNOrganon & Co.8.37%$0.6131.54%
MITTAG Mortgage Investment Trust, Inc.8.12%$0.7043.47%
CAGConagra Brands, Inc.8.06%$1.3978.70%
NOGNorthern Oil and Gas, Inc.8.02%$1.7794.64%
PAAPlains All American Pipeline, L.P.8.00%$1.4690.71%
TSLXSixth Street Specialty Lending, Inc.8.00%$1.7385.26%
ACCOACCO Brands Corporation7.90%$0.2967.00%
ETDEthan Allen Interiors Inc.7.90%$1.8197.75%
CQPCheniere Energy Partners, L.P.7.82%$4.2388.03%
UNMAUnum Group 6.250% JR NT587.69%$1.7933.52%
WRB-PHW.R. Berkley Corporation 4.125%7.68%$1.2726.69%
JHSJohn Hancock Income Securities Trust7.65%$0.8994.90%
NIDNuveen Intermediate Duration Municipal Term Fund7.59%$1.0284.59%
HWCPZHancock Whitney Corporation - 67.58%$1.7731.35%
WRB-PGW.R. Berkley Corporation 4.25%7.54%$1.2726.69%
NMTNuveen Massachusetts Quality Municipal Income Fund7.48%$0.8580.62%
LOANManhattan Bridge Capital, Inc.7.45%$0.3574.53%
OPALOPAL Fuels Inc.7.43%$0.1846.94%
ZIONLZions Bancorporation N.A. - 6.97.42%$1.8632.04%
GMTAGATX Corporation SR NT 20667.41%$1.8621.29%
IIMInvesco Value Municipal Income Trust7.41%$0.9264.33%
JMMNuveen Multi-Market Income Fund7.28%$0.4461.06%
BKEThe Buckle, Inc.7.26%$3.9196.21%
MHIPioneer Municipal High Income Fund, Inc.7.19%$0.6413.70%
ORIOld Republic International Corporation7.19%$3.1193.13%
PMFPIMCO Municipal Income Fund7.07%$0.5992.59%
RYNRayonier Inc.7.04%$1.5230.67%
DRQDril-Quip, Inc.7.02%$1.0850.37%
TRINITrinity Capital Inc. 7.875% Notes Due 20297.02%$1.7883.48%
C-PNCitigroup Capital XIII TR PFD SECS7.01%$2.1326.99%
VPVInvesco Pennsylvania Value Municipal Income Trust6.98%$0.7360.22%
VCVInvesco California Value Municipal Income Trust6.97%$0.7860.58%
EOTEaton Vance National Municipal Opportunities Trust6.96%$1.1869.84%
FLATXFidelity Latin America Fund6.92%$1.1539.63%
EGYVAALCO Energy, Inc.6.91%$0.2592.67%
NOMNuveen Missouri Quality Municipal Income Fund6.91%$0.8278.81%
UBCPUnited Bancorp, Inc.6.90%$0.9996.30%
TBCAT&T Inc. 5.625% Global Notes d6.89%$1.7255.65%
GTNGray Media, Inc.6.87%$0.3334.04%
HEPHolly Energy Partners, L.P.6.86%$1.4074.08%
AFGAmerican Financial Group, Inc.6.85%$9.2396.49%
BANFPBFC Capital Trust II PFD TR 7.20%6.85%$1.8025.72%
CFG-PDCitizens Financial Group, Inc.6.83%$1.7143.60%
RCIIRent-A-Center, Inc.6.81%$1.8279.98%
SPHSuburban Propane Partners, L.P.6.81%$1.2778.56%