Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ningxia Qinglong Pipes Industry Group Co., Ltd. (002457.SZ)

Company Dividend Discount ModelIndustry: ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$14.06 - $36.05$21.28
Multi-Stage$10.34 - $11.30$10.81
Blended Fair Value$16.04
Current Price$11.11
Upside44.39%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.31%9.85%0.210.260.240.240.170.150.140.060.050.05
YoY Growth---22.25%10.93%0.29%36.64%14.90%8.21%129.38%26.86%5.01%-43.02%
Dividend Yield--1.72%3.27%2.72%2.27%2.17%1.87%1.26%0.51%0.44%0.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)205.61
(-) Cash Dividends Paid (M)58.01
(=) Cash Retained (M)147.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)41.1225.7015.42
Cash Retained (M)147.60147.60147.60
(-) Cash Required (M)-41.12-25.70-15.42
(=) Excess Retained (M)106.48121.90132.18
(/) Shares Outstanding (M)332.19332.19332.19
(=) Excess Retained per Share0.320.370.40
LTM Dividend per Share0.170.170.17
(+) Excess Retained per Share0.320.370.40
(=) Adjusted Dividend0.500.540.57
WACC / Discount Rate8.81%8.81%8.81%
Growth Rate5.11%6.11%7.11%
Fair Value$14.06$21.28$36.05
Upside / Downside26.58%91.50%224.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)205.61218.17231.50245.65260.66276.58284.88
Payout Ratio28.21%40.57%52.93%65.29%77.64%90.00%92.50%
Projected Dividends (M)58.0188.52122.53160.37202.38248.92263.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.81%8.81%8.81%
Growth Rate5.11%6.11%7.11%
Year 1 PV (M)80.5881.3582.12
Year 2 PV (M)101.55103.49105.45
Year 3 PV (M)121.00124.48128.04
Year 4 PV (M)139.01144.37149.89
Year 5 PV (M)155.65163.19171.03
PV of Terminal Value (M)2,835.622,973.103,115.87
Equity Value (M)3,433.413,589.993,752.39
Shares Outstanding (M)332.19332.19332.19
Fair Value$10.34$10.81$11.30
Upside / Downside-6.97%-2.73%1.67%

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%