Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Fulgent Sun International (Holding) Co., Ltd. (9802.TW)

Company Dividend Discount ModelIndustry: Apparel - Footwear & AccessoriesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$197.63 - $711.44$328.83
Multi-Stage$193.33 - $211.70$202.34
Blended Fair Value$265.59
Current Price$99.90
Upside165.85%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.10%14.78%4.706.763.883.484.762.912.962.261.311.62
YoY Growth---30.44%74.33%11.32%-26.79%63.74%-1.90%31.24%71.96%-18.83%36.55%
Dividend Yield--3.93%5.53%2.94%2.86%4.21%3.56%4.61%3.43%2.03%2.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,436.46
(-) Cash Dividends Paid (M)951.65
(=) Cash Retained (M)484.81
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)287.29179.56107.73
Cash Retained (M)484.81484.81484.81
(-) Cash Required (M)-287.29-179.56-107.73
(=) Excess Retained (M)197.52305.25377.07
(/) Shares Outstanding (M)202.47202.47202.47
(=) Excess Retained per Share0.981.511.86
LTM Dividend per Share4.704.704.70
(+) Excess Retained per Share0.981.511.86
(=) Adjusted Dividend5.686.216.56
WACC / Discount Rate6.51%6.51%6.51%
Growth Rate3.54%4.54%5.54%
Fair Value$197.63$328.83$711.44
Upside / Downside97.83%229.16%612.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,436.461,501.621,569.741,640.951,715.391,793.201,847.00
Payout Ratio66.25%71.00%75.75%80.50%85.25%90.00%92.50%
Projected Dividends (M)951.651,066.151,189.081,320.961,462.371,613.881,708.47

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.51%6.51%6.51%
Growth Rate3.54%4.54%5.54%
Year 1 PV (M)991.411,000.991,010.56
Year 2 PV (M)1,028.211,048.171,068.31
Year 3 PV (M)1,062.181,093.251,124.93
Year 4 PV (M)1,093.451,136.311,180.42
Year 5 PV (M)1,122.151,177.401,234.80
PV of Terminal Value (M)33,845.2435,511.5837,242.91
Equity Value (M)39,142.6340,967.6942,861.94
Shares Outstanding (M)202.47202.47202.47
Fair Value$193.33$202.34$211.70
Upside / Downside93.52%102.55%111.91%

High-Yield Dividend Screener

« Prev Page 45 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
558.SIUMS Holdings Limited3.60%$0.0588.87%
601019.SSShandong Publishing&Media Co.,Ltd3.60%$0.3141.99%
603233.SSDaShenLin Pharmaceutical Group Co., Ltd.3.60%$0.6463.21%
603658.SSAutobio Diagnostics Co., Ltd.3.60%$1.2766.33%
603661.SSHenglin Home Furnishings Co.,Ltd3.60%$1.1557.55%
6371.TTsubakimoto Chain Co.3.60%$83.2737.31%
FSMART.BKForth Smart Service Public Company Limited3.60%$0.2331.86%
KABE-B.STKABE Group AB (publ.)3.60%$8.0076.60%
SKLT.JKPT Sekar Laut Tbk3.60%$9.0042.24%
TFMAMA.BKThai President Foods Public Company Limited3.60%$6.9357.58%
002469.SZShandong Sunway Chemical Group Co., Ltd.3.59%$0.3072.05%
216050.KQIncross Co., Ltd.3.59%$241.9426.78%
2845.TWFar Eastern International Bank Ltd.3.59%$0.4654.51%
6461.TNippon Piston Ring Co., Ltd.3.59%$68.2725.12%
7751.TCanon Inc.3.59%$166.4591.69%
E4C.DEEcotel Communication Ag3.59%$0.4282.27%
LHA.DEDeutsche Lufthansa AG3.59%$0.3122.46%
NTBThe Bank of N.T. Butterfield & Son Limited3.59%$1.7833.40%
SVOA.BKSVOA Public Company Limited3.59%$0.0521.40%
TRAC-B.STAB Traction3.59%$9.0082.36%
0IX0.LGL Events S.A.3.58%$1.0420.20%
0QNG.LJungfraubahn Holding AG3.58%$10.2542.20%
3231.TNomura Real Estate Holdings, Inc.3.58%$34.6440.45%
4106.TWWellell Inc.3.58%$0.8058.20%
EIK.ICEik fasteignafélag hf.3.58%$0.5024.04%
053690.KSHanmiGlobal Co., Ltd.3.57%$642.0628.05%
286940.KSLotte Innovate Co Ltd3.57%$699.8899.32%
601158.SSChongqing Water Group Co.,Ltd.3.57%$0.1691.61%
ILC.SNInversiones La Construcción S.A.3.57%$650.4128.71%
058850.KSKtcs Corporation3.56%$100.0915.29%
1294.TWOHantech Bio-Technology Co., Ltd.3.56%$2.8166.03%
3283.TNippon Prologis REIT, Inc.3.56%$3,304.8853.00%
688121.SSShanghai Supezet Engineering Technology Corp., Ltd.3.56%$0.3973.41%
EMIRATESNBD.AEEmirates NBD Bank PJSC3.56%$1.0228.25%
FLEXO.ATFlexopack Société Anonyme Commercial and Industrial Plastics Company3.56%$0.3017.58%
006040.KSDongwon Industries Co., Ltd.3.55%$1,474.3049.91%
2715.TElematec Corporation3.55%$84.9964.74%
3700.HKInkeverse Group Limited3.55%$0.0411.74%
600958.SSOrient Securities Company Limited3.55%$0.3963.25%
7955.TCleanup Corporation3.55%$31.0045.30%
ISAT.JKPT Indosat Ooredoo Hutchison Tbk3.55%$83.7958.49%
PBSA.JKPT Paramita Bangun Sarana Tbk3.55%$55.0071.03%
004800.KSHyosung Corporation3.54%$3,986.8920.54%
6414.TWEnnoconn Corporation3.54%$10.1352.07%
WIHL.STWihlborgs Fastigheter AB (publ)3.54%$3.2044.13%
002081.SZSuzhou Gold Mantis Construction Decoration Co., Ltd.3.53%$0.1270.03%
0RHV.LInvestis Holding S.A.3.53%$5.1018.83%
2760.TTokyo Electron Device Limited3.53%$119.8646.59%
5515.TWChien Kuo Construction Co., Ltd.3.53%$1.2751.00%
600603.SSGuanghui Logistics Co.Ltd3.53%$0.2263.76%