Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Foran Energy Group Co.,Ltd. (002911.SZ)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$62.92 - $122.33$114.64
Multi-Stage$19.67 - $21.49$20.56
Blended Fair Value$67.60
Current Price$13.45
Upside402.63%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS23.31%12.87%0.570.470.450.370.230.200.150.250.180.17
YoY Growth--22.08%4.38%19.48%59.11%17.70%30.27%-38.34%41.09%1.60%2.25%
Dividend Yield--5.03%4.44%4.46%5.05%2.68%3.33%1.89%2.11%1.94%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)881.16
(-) Cash Dividends Paid (M)800.50
(=) Cash Retained (M)80.66
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)176.23110.1466.09
Cash Retained (M)80.6680.6680.66
(-) Cash Required (M)-176.23-110.14-66.09
(=) Excess Retained (M)-95.58-29.4914.57
(/) Shares Outstanding (M)1,432.481,432.481,432.48
(=) Excess Retained per Share-0.07-0.020.01
LTM Dividend per Share0.560.560.56
(+) Excess Retained per Share-0.07-0.020.01
(=) Adjusted Dividend0.490.540.57
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate5.50%6.50%7.50%
Fair Value$62.92$114.64$122.33
Upside / Downside367.84%752.37%809.54%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)881.16938.43999.431,064.391,133.581,207.261,243.48
Payout Ratio90.85%90.68%90.51%90.34%90.17%90.00%92.50%
Projected Dividends (M)800.50850.95904.56961.561,022.141,086.541,150.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)792.81800.32807.84
Year 2 PV (M)785.19800.14815.24
Year 3 PV (M)777.64799.96822.71
Year 4 PV (M)770.16799.78830.24
Year 5 PV (M)762.75799.59837.84
PV of Terminal Value (M)24,283.8325,456.7526,674.56
Equity Value (M)28,172.3729,456.5430,788.42
Shares Outstanding (M)1,432.481,432.481,432.48
Fair Value$19.67$20.56$21.49
Upside / Downside46.22%52.89%59.80%

High-Yield Dividend Screener

« Prev Page 49 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
064960.KSSNT Motiv Co., Ltd.3.32%$1,136.7332.23%
0RNT.LBrødrene A & O Johansen A/S3.32%$3.0743.48%
603676.SSTibet Weixinkang Medicine Co., Ltd.3.32%$0.3567.92%
6791.TWOTaiwan Auto-Design Co.3.32%$3.4985.79%
9432.TNTT, Inc.3.32%$5.2441.63%
AJBU.SIKeppel DC REIT3.32%$0.0751.19%
MFF.AXMFF Capital Investments Limited3.32%$0.166.10%
VZN.SWVZ Holding AG3.32%$4.9645.59%
6438.TWSymtek Automation Asia Co., Ltd.3.31%$4.6960.82%
8272.TWOChanging Information Technology Inc.3.31%$2.5960.59%
ALDEL.PADelfingen Industry S.A.3.31%$1.1538.10%
GJF.OLGjensidige Forsikring ASA3.31%$10.0077.33%
001560.KSCheil Grinding Wheel Ind. Co., Ltd.3.30%$321.6715.39%
002895.SZGuizhou Chanhen Chemical Corporation3.30%$1.2157.70%
0GWB.ILL E Lundbergföretagen AB (publ)3.30%$16.7254.63%
2441.TWGreatek Electronics Inc.3.30%$2.9871.42%
MAVI.ISMavi Giyim Sanayi ve Ticaret A.S.3.30%$1.4153.21%
MTSA3.SAMETISA Metalúrgica Timboense S.A.3.30%$2.5153.64%
3475.TGood Com Asset Co., Ltd.3.29%$41.3153.09%
ARCOArcos Dorados Holdings Inc.3.29%$0.2420.61%
GLINT.LSGlintt - Global Intelligent Technologies, S.A.3.29%$0.0463.67%
LABB.MXGenomma Lab Internacional, S.A.B. de C.V.3.29%$0.5928.90%
009770.KSSam Jung Pulp Co.,Ltd.3.28%$1,000.1513.81%
3050.SRSouthern Province Cement Company3.28%$0.7453.26%
603075.SSHangzhou Heatwell Electric Heating Technology Co., Ltd.3.28%$0.7290.17%
6741.TNippon Signal Co., Ltd.3.28%$42.9832.43%
000088.SZShenzhen Yan Tian Port Holdings Co.,Ltd.3.27%$0.1553.36%
002648.SZSatellite Chemical Co.,Ltd.3.27%$0.5831.65%
005750.KSDaelim B&Co Co.,Ltd.3.27%$152.6038.32%
011760.KSHyundai Corporation3.27%$700.0011.11%
2248.TWOShining Victory Motor Electronic Co., Ltd.3.27%$1.6118.34%
4021.TNissan Chemical Corporation3.27%$175.2852.54%
603439.SSGuiZhou SanLi Pharmaceutical Co.,Ltd3.27%$0.3895.76%
7942.TJSP Corporation3.27%$79.9839.18%
BRIT3.SABrisanet Participações S.A.3.27%$0.0982.21%
IAF-PI.TOiA Financial Corporation Inc.3.27%$0.8225.22%
ORS.MIOrsero S.p.A.3.27%$0.6133.02%
PEHN.SWPrivate Equity Holding AG3.27%$2.0817.62%
4471.TSanyo Chemical Industries Ltd.3.26%$169.9727.59%
5315.TWOUnited Radiant Technology Corporation3.26%$0.8049.66%
603558.SSZhejiang Jasan Holding Group Co., Ltd.3.26%$0.3734.35%
7744.TNoritsu Koki Co., Ltd.3.26%$60.5454.32%
MYTIL.ATMetlen Energy & Metals S.A.3.26%$1.7219.73%
TCW.TOTrican Well Service Ltd.3.26%$0.2035.68%
001040.KSCJ Corporation3.25%$5,626.0348.88%
002507.SZChongqing Fuling Zhacai Group Co., Ltd.3.25%$0.4260.46%
016740.KSDUAL Co., Ltd.3.25%$123.0716.96%
131090.KQSecuve Co., Ltd.3.25%$125.0032.25%
300729.SZLoctek Ergonomic Technology Corp.3.25%$0.4463.17%
300881.SZShengtak New Material Co., Ltd3.25%$1.1065.22%