Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Wanliyang Co., Ltd. (002434.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$7.01 - $26.18$11.76
Multi-Stage$4.56 - $4.98$4.76
Blended Fair Value$8.26
Current Price$9.92
Upside-16.70%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.23%20.63%0.350.040.070.490.140.240.220.150.140.10
YoY Growth--756.66%-43.19%-85.43%249.90%-40.15%8.19%47.35%8.40%33.86%90.00%
Dividend Yield--4.42%0.63%0.76%6.49%1.87%2.91%2.73%1.74%0.79%0.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)323.70
(-) Cash Dividends Paid (M)176.04
(=) Cash Retained (M)147.66
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)64.7440.4624.28
Cash Retained (M)147.66147.66147.66
(-) Cash Required (M)-64.74-40.46-24.28
(=) Excess Retained (M)82.92107.19123.38
(/) Shares Outstanding (M)1,335.061,335.061,335.06
(=) Excess Retained per Share0.060.080.09
LTM Dividend per Share0.130.130.13
(+) Excess Retained per Share0.060.080.09
(=) Adjusted Dividend0.190.210.22
WACC / Discount Rate8.42%8.42%8.42%
Growth Rate5.50%6.50%7.50%
Fair Value$7.01$11.76$26.18
Upside / Downside-29.37%18.58%163.93%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)323.70344.74367.15391.01416.43443.50456.80
Payout Ratio54.38%61.51%68.63%75.75%82.88%90.00%92.50%
Projected Dividends (M)176.04212.04251.98296.21345.12399.15422.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.42%8.42%8.42%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)193.74195.57197.41
Year 2 PV (M)210.35214.36218.40
Year 3 PV (M)225.93232.41239.02
Year 4 PV (M)240.51249.76259.27
Year 5 PV (M)254.15266.42279.17
PV of Terminal Value (M)4,963.105,202.825,451.71
Equity Value (M)6,087.766,361.346,644.98
Shares Outstanding (M)1,335.061,335.061,335.06
Fair Value$4.56$4.76$4.98
Upside / Downside-54.03%-51.97%-49.83%

High-Yield Dividend Screener

« Prev Page 50 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688009.SSChina Railway Signal & Communication Corporation Limited3.25%$0.1855.08%
ALMB.COAlm. Brand A/S3.25%$0.6069.79%
BUDI.JKPT Budi Starch & Sweetener Tbk3.25%$7.0135.52%
0398.HKOriental Watch Holdings Limited3.24%$0.1219.25%
044820.KSCosmax BTI, Inc.3.24%$449.6235.33%
8017.HKTradeGo FinTech Limited3.24%$0.0545.22%
ALPM.PAPrecia S.A.3.24%$0.8632.45%
DGV.MIDigital Value S.p.A.3.24%$0.9315.10%
ULTJ.JKPT Ultrajaya Milk Industry & Trading Company Tbk3.24%$46.5039.75%
004890.KSDongil Industries Co.,Ltd.3.23%$1,262.8723.13%
5297.TWO3s Silicon Tech., Inc.3.23%$0.9261.02%
600219.SSShandong Nanshan Aluminium Co.,Ltd.3.23%$0.1739.17%
601018.SSNingbo Zhoushan Port Company Limited3.23%$0.1248.88%
6448.TBrother Industries, Ltd.3.23%$100.9546.67%
AZE.BRAzelis Group N.V.3.23%$0.3024.74%
FDPFresh Del Monte Produce Inc.3.23%$1.1468.58%
FMM-B.STFM Mattsson Mora Group AB (publ)3.23%$2.2587.42%
ITECH.STI-Tech AB3.23%$1.7450.69%
MTY.TOMTY Food Group Inc.3.23%$1.2473.76%
SKA-B.STSkanska AB (publ)3.23%$8.3155.80%
1179.HKH World Group Limited3.22%$1.2098.76%
2745.TWOLife Travel & Tourist Service Co., Ltd.3.22%$3.4841.20%
3533.TWLotes Co., Ltd3.22%$41.6856.60%
5908.KLDKSH Holdings (Malaysia) Berhad3.22%$0.1920.93%
600886.SSSDIC Power Holdings Co., Ltd.3.22%$0.4251.34%
603566.SSPulike Biological Engineering, Inc.3.22%$0.4095.20%
9583.SRUnited Mining Industries Co.3.22%$1.4581.04%
CBG-R.BKCarabao Group Public Company Limited3.22%$1.4047.30%
ESF.VIEurofins Scientific SE3.22%$2.0162.22%
ETE.ATNational Bank of Greece S.A.3.22%$0.4436.82%
MOTV3.SAMotiva S.A.3.22%$0.4833.62%
NCKL.JKPT Trimegah Bangun Persada Tbk3.22%$37.5729.64%
TEA.AXTasmea Ltd3.22%$0.1338.34%
002283.SZTianrun Industry Technology Co., Ltd.3.21%$0.2065.38%
004840.KSDRB Holding Co., Ltd.3.21%$160.4026.30%
241560.KSDoosan Bobcat Inc.3.21%$1,824.8939.43%
300406.SZBeijing Strong Biotechnologies, Inc.3.21%$0.4256.93%
4088.TAir Water Inc.3.21%$72.4432.93%
603187.SSQingdao Hiron Commercial Cold Chain Co., Ltd.3.21%$0.5050.00%
6250.TYamabiko Corporation3.21%$95.3127.60%
SKF-A.STAB SKF (publ)3.21%$7.9374.23%
002441.SZZhongyeda Electric Co., Ltd.3.20%$0.3077.91%
002991.SZGanyuan Foods Co., Ltd.3.20%$1.8265.31%
300833.SZGuangzhou Haoyang Electronic Co.,Ltd.3.20%$1.3092.60%
688799.SSHunan Warrant Pharmaceutical Co.,Ltd3.20%$1.5367.14%
029530.KSsindoh Co.,Ltd.3.19%$1,500.1429.67%
0RL4.LCatella AB (publ)3.19%$0.9147.34%
5889.TJapan Eyewear Holdings Co., Ltd.3.19%$64.7439.09%
DAPS.BODAPS Advertising Ltd.3.19%$0.6514.79%
PTPS.JKPT Pulau Subur Tbk3.19%$6.0038.20%