Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

China Merchants Energy Shipping Co., Ltd. (601872.SS)

Company Dividend Discount ModelIndustry: Oil & Gas MidstreamSector: Energy

Valuation Snapshot

Stable Growth$27.62 - $124.70$63.78
Multi-Stage$14.66 - $16.02$15.33
Blended Fair Value$39.55
Current Price$8.88
Upside345.40%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS24.73%39.04%0.490.350.210.160.150.160.110.140.080.04
YoY Growth--39.80%67.25%28.07%6.04%-4.93%44.61%-21.10%85.06%87.89%125.52%
Dividend Yield--7.52%4.40%2.99%3.47%3.55%3.05%2.70%4.59%1.70%0.96%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,038.16
(-) Cash Dividends Paid (M)2,966.54
(=) Cash Retained (M)2,071.62
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,007.63629.77377.86
Cash Retained (M)2,071.622,071.622,071.62
(-) Cash Required (M)-1,007.63-629.77-377.86
(=) Excess Retained (M)1,063.991,441.851,693.76
(/) Shares Outstanding (M)8,035.128,035.128,035.12
(=) Excess Retained per Share0.130.180.21
LTM Dividend per Share0.370.370.37
(+) Excess Retained per Share0.130.180.21
(=) Adjusted Dividend0.500.550.58
WACC / Discount Rate7.42%7.42%7.42%
Growth Rate5.50%6.50%7.50%
Fair Value$27.62$63.78$124.70
Upside / Downside211.01%618.21%1,304.26%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,038.165,365.645,714.406,085.846,481.426,902.717,109.79
Payout Ratio58.88%65.11%71.33%77.55%83.78%90.00%92.50%
Projected Dividends (M)2,966.543,493.314,076.024,719.725,429.896,212.446,576.56

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.42%7.42%7.42%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)3,221.593,252.123,282.66
Year 2 PV (M)3,466.593,532.623,599.27
Year 3 PV (M)3,701.833,808.093,916.38
Year 4 PV (M)3,927.574,078.614,233.97
Year 5 PV (M)4,144.084,344.244,552.06
PV of Terminal Value (M)99,338.89104,137.00109,118.74
Equity Value (M)117,800.55123,152.69128,703.08
Shares Outstanding (M)8,035.128,035.128,035.12
Fair Value$14.66$15.33$16.02
Upside / Downside65.10%72.60%80.38%

High-Yield Dividend Screener

« Prev Page 46 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
ATCOLAtlas Corp.3.53%$0.8930.47%
AWC-R.BKAsset World Corp Public Company Limited3.53%$0.0737.62%
CCRO3.SACCR S.A.3.53%$0.4866.57%
HMU.DEHMS Bergbau AG3.53%$1.6929.89%
RAUTE.HERaute Oyj3.53%$0.5226.97%
RWE.DERWE AG3.53%$1.6646.76%
SNL.AXSupply Network Limited3.53%$1.1367.28%
0NHS.LNutrien Ltd.3.52%$2.1858.76%
CELL.MICellularline S.p.A.3.52%$0.0934.70%
INFREA.STInfrea AB3.52%$0.5067.57%
ISSP.JKPT Steel Pipe Industry of Indonesia Tbk3.52%$15.0019.85%
MGAMagna International Inc.3.52%$1.9252.47%
PARP.PAGroupe Partouche S.A.3.52%$0.6438.61%
PKI.TOParkland Corporation3.52%$1.4073.81%
SMU.SNSMU S.A.3.52%$5.4946.99%
161390.KSHankook Tire & Technology Co., Ltd.3.51%$2,000.0025.86%
300360.SZHangzhou Sunrise Technology Co., Ltd.3.51%$0.6152.03%
5106.KLAxis Real Estate Investment Trust3.51%$0.0756.99%
601128.SSJiangsu Changshu Rural Commercial Bank Co., Ltd.3.51%$0.2519.56%
INTP.JKPT Indocement Tunggal Prakarsa Tbk3.51%$259.8143.04%
RATO-A.STRatos AB (publ)3.51%$1.3512.15%
002887.SZTianjin LVYIN Landscape and Ecology Construction Co., Ltd3.50%$0.3384.50%
603062.SSMEGA P&C Advanced Materials (Shanghai) Company Limited3.50%$1.6674.27%
CMCLCaledonia Mining Corporation Plc3.50%$0.9235.87%
DLODLocal Limited3.50%$0.4987.74%
LAZLazard Ltd3.50%$1.7467.48%
TWL.MITraWell Co S.p.A.3.50%$0.2128.69%
WJP.SIVICOM Ltd3.50%$0.0666.95%
005610.KSSPC Samlip Co., Ltd.3.49%$1,803.3945.19%
0RFL.LVAT Group AG3.49%$12.5088.50%
2030.HKCabbeen Fashion Limited3.49%$0.0563.92%
5206.TWOKunyue Development Co., Ltd.3.49%$1.1821.91%
5246.KLWestports Holdings Berhad3.49%$0.2071.36%
5989.TH-One Co.,Ltd.3.49%$49.4414.49%
ACO-X.TOATCO Ltd.3.49%$1.9850.80%
CNICanadian National Railway Company3.49%$3.5050.64%
PEAB3.SACompanhia de Participações Aliança da Bahia3.49%$1.3678.68%
026960.KSDong Suh Companies Inc.3.48%$905.3362.72%
055550.KSShinhan Financial Group Co., Ltd.3.48%$2,668.7426.55%
0QK5.LINFICON Holding AG3.48%$3.4443.54%
6722.TWOWhetron Electronics Co.,Ltd.3.48%$1.9924.71%
HOLM-A.STHolmen AB (publ)3.48%$12.2366.11%
002206.SZZhejiang Hailide New Material Co.,Ltd3.47%$0.2043.30%
3004.SRNorthern Region Cement Company3.47%$0.2579.89%
4129.TWOUnited Orthopedic Corporation3.47%$3.8069.70%
600133.SSWuhan East Lake High Technology Group Co., Ltd.3.47%$0.3287.27%
601995.SSChina International Capital Corporation Limited3.47%$1.2162.35%
6471.TNSK Ltd.3.47%$33.8292.34%
CSED3.SACruzeiro do Sul Educacional S.A.3.47%$0.2130.49%
GPRA.JKPT Perdana Gapuraprima Tbk3.47%$5.0018.12%