Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Safety Godown Company, Limited (0237.HK)

Company Dividend Discount ModelIndustry: Real Estate - ServicesSector: Real Estate

Valuation Snapshot

Stable Growth$4.01 - $11.11$6.21
Multi-Stage$4.62 - $5.06$4.84
Blended Fair Value$5.52
Current Price$1.95
Upside183.30%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-26.77%4.95%0.080.050.080.520.120.360.190.441.430.06
YoY Growth--37.79%-31.06%-84.65%333.15%-66.67%92.77%-58.01%-69.04%2,429.41%21.43%
Dividend Yield--3.88%2.80%3.62%16.52%3.52%10.47%3.99%7.61%22.93%0.90%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)68.58
(-) Cash Dividends Paid (M)48.74
(=) Cash Retained (M)19.84
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)13.728.575.14
Cash Retained (M)19.8419.8419.84
(-) Cash Required (M)-13.72-8.57-5.14
(=) Excess Retained (M)6.1211.2714.69
(/) Shares Outstanding (M)405.00405.00405.00
(=) Excess Retained per Share0.020.030.04
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share0.020.030.04
(=) Adjusted Dividend0.140.150.16
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate2.95%3.95%4.95%
Fair Value$4.01$6.21$11.11
Upside / Downside105.56%218.58%469.90%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)68.5871.2974.1077.0280.0683.2285.72
Payout Ratio71.07%74.86%78.64%82.43%86.21%90.00%92.50%
Projected Dividends (M)48.7453.3758.2863.4969.0374.9079.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate2.95%3.95%4.95%
Year 1 PV (M)49.6650.1450.63
Year 2 PV (M)50.4751.4552.45
Year 3 PV (M)51.1752.6754.21
Year 4 PV (M)51.7753.8155.91
Year 5 PV (M)52.2754.8657.55
PV of Terminal Value (M)1,615.771,695.781,778.94
Equity Value (M)1,871.101,958.722,049.68
Shares Outstanding (M)405.00405.00405.00
Fair Value$4.62$4.84$5.06
Upside / Downside136.92%148.02%159.54%

High-Yield Dividend Screener

« Prev Page 47 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
4588.KLUMW Holdings Berhad3.46%$0.1722.64%
600039.SSSichuan Road & Bridge Co.,Ltd3.46%$0.3438.73%
6179.TWOATE Energy International Co., Ltd.3.46%$1.0161.93%
CCECCapital Clean Energy Carriers Corp.3.46%$0.7114.75%
PPGL.JKPT Prima Globalindo Logistik Tbk3.46%$6.5459.35%
4280.SRKingdom Holding Company3.45%$0.2761.01%
4731.KLScientex Berhad3.45%$0.1235.19%
600956.SSChina Suntien Green Energy Corporation Limited3.45%$0.2560.39%
9310.TJapan Transcity Corporation3.45%$39.1840.54%
A2B.AXA2B Australia Limited3.45%$0.0510.73%
JUBILE.BKJubilee Enterprise Public Company Limited3.45%$0.2442.76%
OBS.DEOrbis AG3.45%$0.2029.66%
SNGR.LSNGN Romgaz S.A.3.45%$0.3545.29%
T.MEIPJSC T-Technologies3.45%$108.9019.03%
002546.SZNanjing Xinlian Electronics Co., Ltd3.44%$0.2428.69%
003010.KSHaein Corporation3.44%$184.3018.44%
1861.HKPrecious Dragon Technology Holdings Limited3.44%$0.0713.56%
2M6.DEMedtronic plc3.44%$2.8175.86%
353810.KQEASY BIO,Inc.3.44%$200.0033.23%
4523.TEisai Co., Ltd.3.44%$160.1791.46%
8951.TNippon Building Fund Incorporation3.44%$4,915.8152.71%
OND.WAOnde S.A.3.44%$0.3087.35%
4540.TTsumura & Co.3.43%$139.6637.89%
6764.TWOAce Edulink Co., Ltd.3.43%$1.0084.07%
688366.SSShanghai Haohai Biological Technology Co., Ltd.3.43%$1.5189.50%
9028.TZERO Co., Ltd.3.43%$138.3233.30%
MGLU3.SAMagazine Luiza S.A.3.43%$0.3061.17%
002555.SZ37 Interactive Entertainment Network Technology Group Co., Ltd.3.42%$0.8156.85%
002993.SZDongguan Aohai Technology Co., Ltd.3.42%$1.5079.56%
2472.TWLelon Electronics Corp.3.42%$4.0255.54%
3060.SRYanbu Cement Company3.42%$0.5071.47%
3116.TToyota Boshoku Corporation3.42%$85.9881.58%
4299.THIMACS, Ltd.3.42%$44.9543.10%
CGAS3.SACompanhia de Gás de São Paulo - COMGÁS3.42%$4.1133.65%
HSN.AXHansen Technologies Limited3.42%$0.1857.93%
2291.HKLEPU ScienTech Medical Technology (Shanghai) Co., Ltd.3.41%$0.5638.72%
3355.TKuriyama Holdings Corporation3.41%$56.5527.28%
600638.SSShanghai New Huang Pu Industrial Group Co., Ltd.3.41%$0.2291.32%
OFSS.BOOracle Financial Services Software Limited3.41%$263.6797.03%
SVI.BKSVI Public Company Limited3.41%$0.2562.32%
2428.TWellnet Corporation3.40%$22.0138.29%
600572.SSZhejiang CONBA Pharmaceutical Co.,Ltd.3.40%$0.1555.59%
601216.SSInner Mongolia Junzheng Energy & Chemical Group Co.,Ltd.3.40%$0.1641.07%
7447.TNagaileben Co., Ltd.3.40%$61.1173.38%
AHOG.DEKoninklijke Ahold Delhaize N.V.3.40%$1.1951.79%
CRC-R.BKCentral Retail Corporation Public Company Limited3.40%$0.6152.01%
SSM.AXService Stream Limited3.40%$0.0853.67%
TGHTextainer Group Holdings Limited3.40%$1.7034.66%
TRA.AXTurners Automotive Group Limited3.40%$0.2439.34%
0RD8.LXior Student Housing N.V.3.39%$0.9949.30%