Definitive Analysis
Loading...
Definitive Analysis

Fundamentals

Mode

Ticker

Industry

Sector

China Resources Beer (Holdings) Company Limited (0291.HK)

Company Dividend Discount ModelIndustry: Beverages - AlcoholicSector: Consumer Defensive

Valuation Snapshot

Stable Growth$304.28 - $540.23$506.27
Multi-Stage$86.25 - $94.40$90.25
Blended Fair Value$298.26
Current Price$22.81
Upside1,207.59%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS47.18%28.40%1.040.590.540.390.170.150.180.170.003.62
YoY Growth--75.98%9.89%35.75%128.34%15.20%-17.57%5.21%0.00%-100.00%4,152.90%
Dividend Yield--4.37%2.07%1.11%0.76%0.29%0.39%0.76%0.74%0.00%23.77%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,812.57
(-) Cash Dividends Paid (M)3,838.89
(=) Cash Retained (M)4,973.68
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,762.511,101.57660.94
Cash Retained (M)4,973.684,973.684,973.68
(-) Cash Required (M)-1,762.51-1,101.57-660.94
(=) Excess Retained (M)3,211.173,872.114,312.74
(/) Shares Outstanding (M)3,244.183,244.183,244.18
(=) Excess Retained per Share0.991.191.33
LTM Dividend per Share1.181.181.18
(+) Excess Retained per Share0.991.191.33
(=) Adjusted Dividend2.172.382.51
WACC / Discount Rate6.25%6.25%6.25%
Growth Rate5.50%6.50%7.50%
Fair Value$304.28$506.27$540.23
Upside / Downside1,233.98%2,119.53%2,268.39%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,812.579,385.399,995.4410,645.1411,337.0812,073.9912,436.21
Payout Ratio43.56%52.85%62.14%71.42%80.71%90.00%92.50%
Projected Dividends (M)3,838.894,960.116,210.867,603.259,150.4210,866.5911,503.49

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.25%6.25%6.25%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)4,624.354,668.184,712.01
Year 2 PV (M)5,398.475,501.305,605.10
Year 3 PV (M)6,161.396,338.266,518.48
Year 4 PV (M)6,913.217,179.077,452.53
Year 5 PV (M)7,654.068,023.768,407.60
PV of Terminal Value (M)249,047.18261,076.26273,565.71
Equity Value (M)279,798.67292,786.83306,261.44
Shares Outstanding (M)3,244.183,244.183,244.18
Fair Value$86.25$90.25$94.40
Upside / Downside278.11%295.66%313.87%

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%