Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Ningbo David Medical Device Co., Ltd. (300314.SZ)

Company Dividend Discount ModelIndustry: Medical - DevicesSector: Healthcare

Valuation Snapshot

Stable Growth$4.35 - $9.26$6.19
Multi-Stage$3.26 - $3.56$3.40
Blended Fair Value$4.80
Current Price$13.88
Upside-65.45%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.87%15.01%0.180.150.100.150.040.090.050.060.040.06
YoY Growth--20.00%50.00%-33.33%275.00%-55.56%80.00%-16.67%50.00%-28.00%25.00%
Dividend Yield--1.46%1.28%0.62%1.22%0.25%0.81%0.49%0.46%0.21%0.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)66.57
(-) Cash Dividends Paid (M)25.06
(=) Cash Retained (M)41.52
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)13.318.324.99
Cash Retained (M)41.5241.5241.52
(-) Cash Required (M)-13.31-8.32-4.99
(=) Excess Retained (M)28.2033.2036.52
(/) Shares Outstanding (M)287.93287.93287.93
(=) Excess Retained per Share0.100.120.13
LTM Dividend per Share0.090.090.09
(+) Excess Retained per Share0.100.120.13
(=) Adjusted Dividend0.180.200.21
WACC / Discount Rate9.98%9.98%9.98%
Growth Rate5.50%6.50%7.50%
Fair Value$4.35$6.19$9.26
Upside / Downside-68.64%-55.43%-33.28%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)66.5770.9075.5180.4285.6491.2193.95
Payout Ratio37.64%48.11%58.58%69.05%79.53%90.00%92.50%
Projected Dividends (M)25.0634.1144.2355.5368.1182.0986.90

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.98%9.98%9.98%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)30.7231.0131.30
Year 2 PV (M)35.8936.5737.26
Year 3 PV (M)40.5841.7442.93
Year 4 PV (M)44.8346.5548.32
Year 5 PV (M)48.6651.0153.45
PV of Terminal Value (M)737.71773.34810.34
Equity Value (M)938.38980.231,023.60
Shares Outstanding (M)287.93287.93287.93
Fair Value$3.26$3.40$3.56
Upside / Downside-76.52%-75.47%-74.39%

High-Yield Dividend Screener

« Prev Page 44 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600583.SSOffshore Oil Engineering Co.,Ltd3.66%$0.2043.97%
601038.SSFirst Tractor Company Limited3.66%$0.5271.49%
601083.SSShanghai Jinjiang Shipping (Group) Co., Ltd.3.66%$0.4135.56%
601860.SSJiangsu Zijin Rural Commercial Bank Co.,Ltd3.66%$0.1025.05%
ENTEL.SNEmpresa Nacional de Telecomunicaciones S.A.3.66%$179.3263.27%
GGRM.JKPT Gudang Garam Tbk3.66%$500.0087.83%
GOB.DECompagnie de Saint-Gobain S.A.3.66%$3.1932.66%
HCLTECH.BOHCL Technologies Limited3.66%$60.0195.42%
LDA.MCLínea Directa Aseguradora, S.A.3.66%$0.0445.97%
QUB.AXQube Holdings Limited3.66%$0.1892.53%
RCIRogers Communications Inc.3.66%$1.3911.08%
RYRoyal Bank of Canada3.66%$6.2443.22%
VTWR.DEVantage Towers AG3.66%$1.1972.52%
2103.TWTSRC Corporation3.65%$0.5586.36%
383800.KSLX Holdings Corp.3.65%$289.9515.18%
3978.HKChina Beststudy Education Group3.65%$0.1427.04%
4952.TWGeneralplus Technology Inc.3.65%$1.2983.85%
QAL.AXQualitas Limited3.65%$0.1366.09%
300628.SZYealink Network Technology Co., Ltd.3.64%$1.3064.58%
688517.SSJinGuan Electric Co., Ltd.3.64%$0.5791.64%
CEZ.PRCEZ, a. s.3.64%$47.1187.97%
EB5.SIFirst Resources Limited3.64%$0.0840.25%
HEIJM.ASKoninklijke Heijmans N.V.3.64%$2.5236.26%
NOVN.SWNovartis AG3.64%$3.9954.32%
0631.HKSany Heavy Equipment International Holdings Company Limited3.63%$0.3138.50%
0MT8.LDrägerwerk AG & Co. KGaA3.63%$2.0031.00%
0N9Z.LEVS Broadcast Equipment S.A.3.63%$1.3426.19%
267980.KQMaeil Dairies Co., Ltd.3.63%$1,244.0920.37%
600968.SSCNOOC Energy Technology & Services Limited3.63%$0.1437.04%
AALI.JKPT Astra Agro Lestari Tbk3.63%$267.9736.41%
EKTER.ATEkter S.A.3.63%$0.1322.08%
IGM.TOIGM Financial Inc.3.63%$2.2551.57%
018670.KSSK Gas Co., Ltd.3.62%$7,934.7324.18%
0RGI.LCosmo Pharmaceuticals N.V.3.62%$3.8148.74%
101530.KSHaitai Confectionery&Foods Co.,ltd.3.62%$250.1327.55%
230360.KQEchomarketing Co.,Ltd.3.62%$503.2355.69%
SANB11.SABanco Santander (Brasil) S.A.3.62%$1.2276.05%
SBSP3.SACompanhia de Saneamento Básico do Estado de São Paulo - SABESP3.62%$4.8245.66%
000786.SZBeijing New Building Materials Public Limited Company3.61%$0.9049.35%
003013.SZGuangzhou Metro Design & Research Institute Co., Ltd.3.61%$0.5137.72%
272550.KSSamyang Packaging Corporation3.61%$482.8352.27%
300908.SZZhongjing Food Co., Ltd.3.61%$1.0081.13%
4188.TMitsubishi Chemical Group Corporation3.61%$33.0539.87%
600332.SSGuangzhou Baiyunshan Pharmaceutical Holdings Company Limited3.61%$0.9350.53%
600742.SSChangchun FAWAY Automobile Components Co.,Ltd3.61%$0.3653.61%
600928.SSBank of Xi'an Co.,Ltd.3.61%$0.1322.27%
CTD.AXCorporate Travel Management Limited3.61%$0.5847.61%
SAMTEL.BKSamart Telcoms Public Company Limited3.61%$0.1583.39%
0K9W.ILHuhtamäki Oyj3.60%$1.0756.07%
0M6I.LHeijmans N.V.3.60%$2.5236.26%