Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

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 48 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3269.TAdvance Residence Investment Corporation3.39%$5,804.0552.10%
CTZ.VNamSys Inc.3.39%$0.0556.26%
FILTRA.BOFiltra Consultants and Engineers Limited3.39%$2.4484.66%
INWI.STInwido AB (publ)3.39%$5.4860.02%
000422.SZHubei Yihua Chemical Industry Co., Ltd.3.38%$0.4872.32%
002318.SZZhejiang Jiuli Hi-Tech Metals Co., Ltd.3.38%$0.9854.31%
002533.SZGold cup Electric Apparatus Co.,Ltd.3.38%$0.4250.59%
003490.KSKorean Air Lines Co., Ltd.3.38%$750.2629.70%
600578.SSBeijing Jingneng Power Co., Ltd.3.38%$0.1733.20%
601811.SSXinhua Winshare Publishing and Media Co., Ltd.3.38%$0.4534.30%
7270.TSubaru Corporation3.38%$114.7827.17%
JHGJanus Henderson Group plc3.38%$1.6146.72%
002714.SZMuyuan Foods Co., Ltd.3.37%$1.7041.84%
019210.KQYG-1 Co., Ltd.3.37%$174.8833.83%
1954.TNippon Koei Co., Ltd.3.37%$126.0437.37%
7TEC.BOSaven Technologies Limited3.37%$1.5048.59%
8252.TMarui Group Co., Ltd.3.37%$108.4166.71%
9739.TNSW Inc.3.37%$85.1035.17%
0JMU.Ltechnotrans SE3.36%$1.1552.64%
4321.SRArabian Centres Company3.36%$0.6424.31%
600141.SSHubei Xingfa Chemicals Group Co., Ltd.3.36%$1.1683.90%
601825.SSShanghai Rural Commercial Bank Co., Ltd.3.36%$0.3124.33%
KC4.DEKONE Oyj3.36%$1.8095.42%
OTEXOpen Text Corporation3.36%$1.0755.28%
294870.KSHDC Hyundai Development Company3.35%$700.0023.41%
4212.TSekisui Jushi Corporation3.35%$71.2959.28%
B61.SIBukit Sembawang Estates Limited3.35%$0.1636.24%
CAMB.BRCampine N.V.3.35%$7.6318.23%
ELIS.PAElis S.A.3.35%$0.8033.62%
KREATE.HEKreate Group Oyj3.35%$0.4379.17%
M12.DEM1 Kliniken AG3.35%$0.6132.73%
XGR2.DECompass Group PLC3.35%$0.9061.67%
004430.KSSongwon Industrial Co., Ltd.3.34%$301.2433.59%
0N66.LATOSS Software AG3.34%$3.8280.44%
6219.TWOFull Wang International Development Co., Ltd.3.34%$0.6777.89%
9537.SRAmwaj International Company3.34%$1.0094.38%
AMATAV.BKAmata VN Public Company Limited3.34%$0.0621.41%
EOAN.DEE.on Se3.34%$0.5547.88%
030190.KQNICE Information Service Co., Ltd.3.33%$331.9538.71%
089470.KSHDC Hyundai Engineering Plastics Co., Ltd.3.33%$140.0111.49%
2373.HKBeauty Farm Medical and Health Industry Inc.3.33%$0.8841.42%
600258.SSBTG Hotels (Group) Co., Ltd.3.33%$0.5674.23%
601518.SSJilin Expressway Co., Ltd.3.33%$0.0932.60%
6584.TSanoh Industrial Co., Ltd.3.33%$28.5739.95%
6843.TWOJDV Control Valves Co., Ltd.3.33%$1.9085.01%
ARASE.ISDogu Aras Enerji Yatirimlari AS3.33%$2.3841.72%
AZA.STAvanza Bank Holding AB (publ)3.33%$11.7070.53%
BAY-R.BKBank of Ayudhya Public Company Limited3.33%$0.8720.61%
SL.MISanlorenzo S.p.A.3.33%$1.0133.16%
STNGScorpio Tankers Inc.3.33%$1.6528.37%