Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Suzhou Mingzhi Technology Co., Ltd. (688355.SS)

Company Dividend Discount ModelIndustry: Manufacturing - Metal FabricationSector: Industrials

Valuation Snapshot

Stable Growth$5.57 - $9.47$7.27
Multi-Stage$16.41 - $18.06$17.22
Blended Fair Value$12.24
Current Price$19.30
Upside-36.56%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS5.56%0.00%0.460.070.420.010.030.350.420.010.000.00
YoY Growth--531.13%-82.58%3,302.42%-53.51%-92.46%-16.06%3,978.94%0.00%0.00%0.00%
Dividend Yield--2.52%0.51%1.50%0.05%0.10%1.29%1.53%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)57.25
(-) Cash Dividends Paid (M)56.61
(=) Cash Retained (M)0.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11.457.164.29
Cash Retained (M)0.640.640.64
(-) Cash Required (M)-11.45-7.16-4.29
(=) Excess Retained (M)-10.81-6.51-3.65
(/) Shares Outstanding (M)123.98123.98123.98
(=) Excess Retained per Share-0.09-0.05-0.03
LTM Dividend per Share0.460.460.46
(+) Excess Retained per Share-0.09-0.05-0.03
(=) Adjusted Dividend0.370.400.43
WACC / Discount Rate5.18%5.18%5.18%
Growth Rate-1.35%-0.35%0.65%
Fair Value$5.57$7.27$9.47
Upside / Downside-71.12%-62.33%-50.91%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)57.2557.0556.8556.6556.4456.2457.93
Payout Ratio98.88%97.10%95.33%93.55%91.78%90.00%92.50%
Projected Dividends (M)56.6155.4054.1952.9951.8050.6253.59

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.18%5.18%5.18%
Growth Rate-1.35%-0.35%0.65%
Year 1 PV (M)52.1452.6753.19
Year 2 PV (M)48.0048.9849.97
Year 3 PV (M)44.1845.5446.92
Year 4 PV (M)40.6542.3244.05
Year 5 PV (M)37.3839.3241.33
PV of Terminal Value (M)1,812.071,905.802,003.37
Equity Value (M)2,034.422,134.622,238.83
Shares Outstanding (M)123.98123.98123.98
Fair Value$16.41$17.22$18.06
Upside / Downside-14.98%-10.79%-6.43%

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%