Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Nanjing Hanrui Cobalt Co.,Ltd. (300618.SZ)

Company Dividend Discount ModelIndustry: CopperSector: Basic Materials

Valuation Snapshot

Stable Growth$16.32 - $34.16$23.06
Multi-Stage$12.13 - $13.24$12.68
Blended Fair Value$17.87
Current Price$56.08
Upside-68.14%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-18.31%13.13%0.250.270.650.310.100.690.490.020.050.06
YoY Growth---4.89%-59.34%111.14%217.08%-85.94%41.33%2,071.05%-55.46%-17.82%-15.97%
Dividend Yield--0.70%0.92%1.55%0.49%0.15%1.51%0.79%0.02%0.11%0.77%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)272.78
(-) Cash Dividends Paid (M)75.28
(=) Cash Retained (M)197.50
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)54.5634.1020.46
Cash Retained (M)197.50197.50197.50
(-) Cash Required (M)-54.56-34.10-20.46
(=) Excess Retained (M)142.94163.40177.04
(/) Shares Outstanding (M)308.24308.24308.24
(=) Excess Retained per Share0.460.530.57
LTM Dividend per Share0.240.240.24
(+) Excess Retained per Share0.460.530.57
(=) Adjusted Dividend0.710.770.82
WACC / Discount Rate10.08%10.08%10.08%
Growth Rate5.50%6.50%7.50%
Fair Value$16.32$23.06$34.16
Upside / Downside-70.90%-58.88%-39.09%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)272.78290.51309.40329.51350.93373.74384.95
Payout Ratio27.60%40.08%52.56%65.04%77.52%90.00%92.50%
Projected Dividends (M)75.28116.43162.62214.31272.04336.36356.08

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.08%10.08%10.08%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)104.78105.78106.77
Year 2 PV (M)131.70134.21136.74
Year 3 PV (M)156.20160.68165.25
Year 4 PV (M)178.43185.29192.35
Year 5 PV (M)198.54208.13218.09
PV of Terminal Value (M)2,970.303,113.773,262.72
Equity Value (M)3,739.953,907.854,081.92
Shares Outstanding (M)308.24308.24308.24
Fair Value$12.13$12.68$13.24
Upside / Downside-78.36%-77.39%-76.39%

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%