Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Foshan Haitian Flavouring and Food Company Ltd. (603288.SS)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$71.03 - $240.40$225.27
Multi-Stage$37.48 - $41.00$39.21
Blended Fair Value$132.24
Current Price$38.96
Upside239.43%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.87%25.71%0.650.580.570.590.520.470.410.330.290.23
YoY Growth--13.41%1.22%-3.83%14.41%10.38%15.23%24.86%13.28%27.05%241.49%
Dividend Yield--1.61%1.45%0.89%0.90%0.56%0.77%0.97%1.18%1.70%1.52%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)6,851.43
(-) Cash Dividends Paid (M)4,785.22
(=) Cash Retained (M)2,066.21
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,370.29856.43513.86
Cash Retained (M)2,066.212,066.212,066.21
(-) Cash Required (M)-1,370.29-856.43-513.86
(=) Excess Retained (M)695.931,209.781,552.35
(/) Shares Outstanding (M)5,635.035,635.035,635.03
(=) Excess Retained per Share0.120.210.28
LTM Dividend per Share0.850.850.85
(+) Excess Retained per Share0.120.210.28
(=) Adjusted Dividend0.971.061.12
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate4.87%5.87%6.87%
Fair Value$71.03$225.27$240.40
Upside / Downside82.32%478.22%517.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)6,851.437,253.867,679.928,131.018,608.609,114.249,387.67
Payout Ratio69.84%73.87%77.91%81.94%85.97%90.00%92.50%
Projected Dividends (M)4,785.225,358.725,983.096,662.317,400.698,202.828,683.59

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate4.87%5.87%6.87%
Year 1 PV (M)4,993.065,040.675,088.28
Year 2 PV (M)5,194.415,293.955,394.42
Year 3 PV (M)5,389.425,545.065,703.67
Year 4 PV (M)5,578.205,794.026,016.05
Year 5 PV (M)5,760.906,040.856,331.58
PV of Terminal Value (M)184,262.37193,216.48202,515.35
Equity Value (M)211,178.37220,931.03231,049.36
Shares Outstanding (M)5,635.035,635.035,635.03
Fair Value$37.48$39.21$41.00
Upside / Downside-3.81%0.63%5.24%

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%