Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ningbo Runhe High-Tech Materials Co., Ltd. (300727.SZ)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$139.51 - $164.36$154.03
Multi-Stage$29.48 - $32.29$30.86
Blended Fair Value$92.45
Current Price$37.73
Upside145.02%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.01%27.87%0.190.150.130.110.140.130.080.010.010.15
YoY Growth--26.38%9.97%18.70%-18.28%4.09%59.87%661.88%24.71%-94.29%859.77%
Dividend Yield--0.60%0.71%0.54%0.59%0.70%1.32%0.49%0.05%0.12%2.15%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)121.63
(-) Cash Dividends Paid (M)43.35
(=) Cash Retained (M)78.29
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)24.3315.209.12
Cash Retained (M)78.2978.2978.29
(-) Cash Required (M)-24.33-15.20-9.12
(=) Excess Retained (M)53.9663.0869.16
(/) Shares Outstanding (M)147.17147.17147.17
(=) Excess Retained per Share0.370.430.47
LTM Dividend per Share0.290.290.29
(+) Excess Retained per Share0.370.430.47
(=) Adjusted Dividend0.660.720.76
WACC / Discount Rate5.90%5.90%5.90%
Growth Rate5.50%6.50%7.50%
Fair Value$139.51$154.03$164.36
Upside / Downside269.75%308.25%335.63%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)121.63129.54137.96146.93156.48166.65171.65
Payout Ratio35.64%46.51%57.38%68.26%79.13%90.00%92.50%
Projected Dividends (M)43.3560.2579.17100.29123.82149.98158.78

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.90%5.90%5.90%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)56.3656.9057.43
Year 2 PV (M)69.2870.6071.93
Year 3 PV (M)82.1084.4586.85
Year 4 PV (M)94.8298.46102.21
Year 5 PV (M)107.44112.63118.02
PV of Terminal Value (M)3,928.564,118.314,315.32
Equity Value (M)4,338.564,541.354,751.77
Shares Outstanding (M)147.17147.17147.17
Fair Value$29.48$30.86$32.29
Upside / Downside-21.87%-18.22%-14.43%

High-Yield Dividend Screener

« Prev Page 5 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PFEPfizer Inc.6.75%$1.7098.83%
COGCabot Oil & Gas Corporation6.71%$1.4952.20%
VZVerizon Communications Inc.6.66%$2.7057.56%
ACAssociated Capital Group, Inc.6.63%$2.2186.94%
VACMarriott Vacations Worldwide Corporation6.62%$3.9078.61%
SSTKShutterstock, Inc.6.61%$1.2475.34%
EPDEnterprise Products Partners L.P.6.60%$2.1280.06%
SXCSunCoke Energy, Inc.6.57%$0.4863.44%
DINDine Brands Global, Inc.6.56%$2.1890.98%
CBLCBL & Associates Properties, Inc.6.54%$2.4261.13%
CRICarter's, Inc.6.47%$2.1585.39%
KYNKayne Anderson Energy Infrastructure Fund, Inc.6.47%$0.8035.36%
SMMCXWestern Asset Managed Municipals Fund Class C6.45%$0.9671.65%
HESMHess Midstream LP6.39%$2.2187.39%
WRB-PFW.R. Berkley Corporation 5.10%6.38%$1.2726.69%
RMTRoyce Micro-Cap Trust, Inc.6.37%$0.6732.29%
PNFPIMCO New York Municipal Income Fund6.30%$0.4854.92%
ENREnergizer Holdings, Inc.6.29%$1.2536.44%
UPSUnited Parcel Service, Inc.6.29%$6.3598.06%
NWBINorthwest Bancshares, Inc.6.27%$0.7593.81%
UIHCUnited Insurance Holdings Corp.6.27%$0.485.99%
TROWT. Rowe Price Group, Inc.6.24%$6.5369.41%
JRSHJerash Holdings (US), Inc.6.20%$0.190.52%
MUABlackRock MuniAssets Fund, Inc.6.14%$0.6673.39%
VKIInvesco Advantage Municipal Income Trust II6.11%$0.5676.68%
GL-PDGlobe Life Inc. 4.25% Junior Su6.10%$1.037.35%
CLNYColony Capital, Inc.6.07%$0.5213.43%
OMFOneMain Holdings, Inc.6.07%$4.2071.06%
VICIVICI Properties Inc.6.07%$1.7165.54%
IMMRImmersion Corporation6.06%$0.3914.22%
KRNYKearny Financial Corp.5.99%$0.4493.99%
DMFBNY Mellon Municipal Income, Inc.5.97%$0.4129.64%
UNBUnion Bankshares, Inc.5.96%$1.4157.02%
ARTMXArtisan Mid Cap Fund Inv Shs5.91%$1.9591.77%
SABASaba Capital Income & Opportunities Fund II5.87%$0.4924.55%
BRDBeard Energy Transition Acquisition Corp.5.86%$0.6395.51%
ETRNEquitrans Midstream Corporation5.81%$0.7269.91%
EHLDVEuroholdings Ltd5.80%$0.285.02%
REPXRiley Exploration Permian, Inc.5.80%$1.5438.01%
AIIAmerican Integrity Insurance Group, Inc.5.79%$1.1726.25%
VRTSVirtus Investment Partners, Inc.5.75%$9.3547.12%
CXHMFS Investment Grade Municipal Trust5.74%$0.4680.40%
GESGuess', Inc.5.72%$0.9661.52%
KRCKilroy Realty Corporation5.71%$2.1779.80%
WRB-PEW. R. Berkley Corporation 5.70% SB DB 20585.68%$1.2726.69%
LEOBNY Mellon Strategic Municipals, Inc.5.66%$0.3637.22%
WLYBJohn Wiley & Sons, Inc.5.64%$1.7692.90%
KMPBKemper Corporation 5.875% Fixed5.60%$1.3132.45%
CBTXCBTX, Inc.5.56%$1.6354.55%
0HST.LCampbell Soup Company5.53%$1.5580.10%