Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Aotecar New Energy Technology Co., Ltd. (002239.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$6.42 - $7.56$7.09
Multi-Stage$5.23 - $5.74$5.48
Blended Fair Value$6.28
Current Price$3.28
Upside91.59%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS26.76%31.81%0.030.010.020.010.000.010.010.020.020.00
YoY Growth--116.20%-24.56%76.70%164.45%-57.06%-37.92%-30.00%24.41%402.65%77.94%
Dividend Yield--0.97%0.40%0.64%0.35%0.10%0.23%0.53%0.56%0.34%0.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)126.44
(-) Cash Dividends Paid (M)33.80
(=) Cash Retained (M)92.63
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)25.2915.809.48
Cash Retained (M)92.6392.6392.63
(-) Cash Required (M)-25.29-15.80-9.48
(=) Excess Retained (M)67.3576.8383.15
(/) Shares Outstanding (M)3,324.943,324.943,324.94
(=) Excess Retained per Share0.020.020.03
LTM Dividend per Share0.010.010.01
(+) Excess Retained per Share0.020.020.03
(=) Adjusted Dividend0.030.030.04
WACC / Discount Rate-1.38%-1.38%-1.38%
Growth Rate5.50%6.50%7.50%
Fair Value$6.42$7.09$7.56
Upside / Downside95.70%116.07%130.56%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)126.44134.65143.41152.73162.65173.23178.42
Payout Ratio26.73%39.39%52.04%64.69%77.35%90.00%92.50%
Projected Dividends (M)33.8053.0474.6398.80125.81155.90165.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-1.38%-1.38%-1.38%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)53.2753.7854.28
Year 2 PV (M)75.3076.7378.18
Year 3 PV (M)100.14103.01105.94
Year 4 PV (M)128.07133.00138.06
Year 5 PV (M)159.42167.12175.12
PV of Terminal Value (M)16,876.4317,691.5718,537.91
Equity Value (M)17,392.6318,225.2119,089.49
Shares Outstanding (M)3,324.943,324.943,324.94
Fair Value$5.23$5.48$5.74
Upside / Downside59.48%67.11%75.04%

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%