Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Nerin Engineering Co Ltd (603257.SS)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$8.35 - $11.83$10.07
Multi-Stage$13.43 - $14.69$14.04
Blended Fair Value$12.06
Current Price$63.56
Upside-81.03%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS0.00%0.00%0.560.000.000.000.000.000.000.000.000.00
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)134.85
(-) Cash Dividends Paid (M)89.42
(=) Cash Retained (M)45.43
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)26.9716.8610.11
Cash Retained (M)45.4345.4345.43
(-) Cash Required (M)-26.97-16.86-10.11
(=) Excess Retained (M)18.4628.5735.32
(/) Shares Outstanding (M)105.74105.74105.74
(=) Excess Retained per Share0.170.270.33
LTM Dividend per Share0.850.850.85
(+) Excess Retained per Share0.170.270.33
(=) Adjusted Dividend1.021.121.18
WACC / Discount Rate9.97%9.97%9.97%
Growth Rate-2.00%-1.00%0.00%
Fair Value$8.35$10.07$11.83
Upside / Downside-86.86%-84.16%-81.39%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)134.85133.50132.16130.84129.53128.24132.08
Payout Ratio66.31%71.05%75.79%80.52%85.26%90.00%92.50%
Projected Dividends (M)89.4294.85100.16105.36110.44115.41122.18

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.97%9.97%9.97%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)85.3786.2587.12
Year 2 PV (M)81.1582.8284.50
Year 3 PV (M)76.8479.2281.64
Year 4 PV (M)72.5075.5178.61
Year 5 PV (M)68.2071.7575.45
PV of Terminal Value (M)1,035.491,089.421,145.56
Equity Value (M)1,419.571,484.961,552.87
Shares Outstanding (M)105.74105.74105.74
Fair Value$13.43$14.04$14.69
Upside / Downside-78.88%-77.90%-76.89%

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%