Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Nantong Guosheng Intelligence Technology Group Co., Ltd. (688558.SS)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$190.04 - $223.90$209.83
Multi-Stage$133.58 - $146.57$139.96
Blended Fair Value$174.89
Current Price$31.57
Upside453.98%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS32.89%46.69%0.500.500.500.300.000.120.120.270.470.01
YoY Growth---0.53%0.00%66.67%0.00%-100.00%4.21%-57.89%-42.24%5,613.73%-23.15%
Dividend Yield--2.00%2.25%1.33%0.86%0.00%0.27%0.26%0.62%1.07%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)148.73
(-) Cash Dividends Paid (M)79.80
(=) Cash Retained (M)68.93
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)29.7518.5911.15
Cash Retained (M)68.9368.9368.93
(-) Cash Required (M)-29.75-18.59-11.15
(=) Excess Retained (M)39.1850.3457.77
(/) Shares Outstanding (M)132.10132.10132.10
(=) Excess Retained per Share0.300.380.44
LTM Dividend per Share0.600.600.60
(+) Excess Retained per Share0.300.380.44
(=) Adjusted Dividend0.900.991.04
WACC / Discount Rate1.71%1.71%1.71%
Growth Rate5.50%6.50%7.50%
Fair Value$190.04$209.83$223.90
Upside / Downside501.96%564.64%609.22%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)148.73158.39168.69179.65191.33203.77209.88
Payout Ratio53.65%60.92%68.19%75.46%82.73%90.00%92.50%
Projected Dividends (M)79.8096.50115.03135.57158.29183.39194.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.71%1.71%1.71%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)93.9994.8895.77
Year 2 PV (M)109.12111.20113.30
Year 3 PV (M)125.26128.85132.51
Year 4 PV (M)142.44147.92153.55
Year 5 PV (M)160.73168.50176.56
PV of Terminal Value (M)17,015.4117,837.2618,690.57
Equity Value (M)17,646.9518,488.6119,362.26
Shares Outstanding (M)132.10132.10132.10
Fair Value$133.58$139.96$146.57
Upside / Downside323.14%343.32%364.27%

High-Yield Dividend Screener

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