Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Yifeng Pharmacy Chain Co., Ltd. (603939.SS)

Company Dividend Discount ModelIndustry: Medical - PharmaceuticalsSector: Healthcare

Valuation Snapshot

Stable Growth$98.34 - $256.19$240.09
Multi-Stage$36.93 - $40.39$38.63
Blended Fair Value$139.36
Current Price$24.65
Upside465.35%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS39.99%33.24%0.660.250.180.170.130.120.140.040.000.06
YoY Growth--163.00%36.96%10.91%29.17%4.16%-14.21%239.49%0.00%-100.00%66.67%
Dividend Yield--2.67%0.76%0.54%0.70%0.32%0.41%0.74%0.22%0.00%0.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,642.63
(-) Cash Dividends Paid (M)824.30
(=) Cash Retained (M)818.33
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)328.53205.33123.20
Cash Retained (M)818.33818.33818.33
(-) Cash Required (M)-328.53-205.33-123.20
(=) Excess Retained (M)489.81613.00695.14
(/) Shares Outstanding (M)1,275.131,275.131,275.13
(=) Excess Retained per Share0.380.480.55
LTM Dividend per Share0.650.650.65
(+) Excess Retained per Share0.380.480.55
(=) Adjusted Dividend1.031.131.19
WACC / Discount Rate6.61%6.61%6.61%
Growth Rate5.50%6.50%7.50%
Fair Value$98.34$240.09$256.19
Upside / Downside298.95%873.99%939.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,642.631,749.401,863.111,984.222,113.192,250.552,318.06
Payout Ratio50.18%58.15%66.11%74.07%82.04%90.00%92.50%
Projected Dividends (M)824.301,017.191,231.681,469.761,733.582,025.492,144.21

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.61%6.61%6.61%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)945.21954.17963.13
Year 2 PV (M)1,063.521,083.781,104.22
Year 3 PV (M)1,179.281,213.131,247.62
Year 4 PV (M)1,292.521,342.221,393.35
Year 5 PV (M)1,403.281,471.061,541.44
PV of Terminal Value (M)41,200.8743,190.8945,257.07
Equity Value (M)47,084.6749,255.2451,506.83
Shares Outstanding (M)1,275.131,275.131,275.13
Fair Value$36.93$38.63$40.39
Upside / Downside49.80%56.70%63.87%

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%