Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Taiping Insurance Holdings Company Limited (0966.HK)

Company Dividend Discount ModelIndustry: Insurance - LifeSector: Financial Services

Valuation Snapshot

Stable Growth$67.17 - $127.67$91.58
Multi-Stage$97.83 - $107.46$102.55
Blended Fair Value$97.06
Current Price$15.30
Upside534.40%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS47.12%0.00%0.690.260.460.400.300.100.100.120.070.07
YoY Growth--165.05%-43.48%15.00%33.33%200.00%0.00%-14.24%64.86%0.31%0.00%
Dividend Yield--5.93%3.87%4.73%3.74%2.15%0.52%0.47%0.40%0.44%0.29%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)15,664.82
(-) Cash Dividends Paid (M)3,411.16
(=) Cash Retained (M)12,253.66
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,132.961,958.101,174.86
Cash Retained (M)12,253.6612,253.6612,253.66
(-) Cash Required (M)-3,132.96-1,958.10-1,174.86
(=) Excess Retained (M)9,120.7010,295.5611,078.80
(/) Shares Outstanding (M)3,594.023,594.023,594.02
(=) Excess Retained per Share2.542.863.08
LTM Dividend per Share0.950.950.95
(+) Excess Retained per Share2.542.863.08
(=) Adjusted Dividend3.493.814.03
WACC / Discount Rate6.74%6.74%6.74%
Growth Rate1.47%2.47%3.47%
Fair Value$67.17$91.58$127.67
Upside / Downside339.01%498.53%734.45%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)15,664.8216,051.4316,447.5816,853.5117,269.4517,695.6618,226.53
Payout Ratio21.78%35.42%49.07%62.71%76.36%90.00%92.50%
Projected Dividends (M)3,411.165,685.538,070.0910,568.9013,186.1215,926.1016,859.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.74%6.74%6.74%
Growth Rate1.47%2.47%3.47%
Year 1 PV (M)5,274.775,326.755,378.74
Year 2 PV (M)6,946.147,083.727,222.66
Year 3 PV (M)8,439.698,691.698,948.65
Year 4 PV (M)9,768.9210,159.7510,562.20
Year 5 PV (M)10,946.3911,496.5312,068.57
PV of Terminal Value (M)310,220.11325,811.00342,022.53
Equity Value (M)351,596.02368,569.45386,203.35
Shares Outstanding (M)3,594.023,594.023,594.02
Fair Value$97.83$102.55$107.46
Upside / Downside539.40%570.27%602.33%

High-Yield Dividend Screener

« Prev Page 51 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
032560.KSHwang Kum Steel & Technology Co., Ltd3.18%$186.8216.67%
036800.KQNice Information & Telecommunication, Inc.3.18%$810.0915.68%
0E9V.LEnergiekontor AG3.18%$1.1915.28%
0OG6.LSéché Environnement S.A.3.18%$2.3123.47%
BISI.JKPT BISI International Tbk3.18%$28.0058.11%
ESSITY-A.STEssity AB (publ)3.18%$8.3146.35%
WDP.BRWarehouses De Pauw3.18%$0.7043.49%
002030.KSAsia Holdings Co., Ltd.3.17%$10,332.5636.76%
002532.SZTianshan Aluminum Group Co., Ltd.3.17%$0.5150.09%
012280.KSYeong Hwa Metal Co., Ltd.3.17%$30.0812.47%
0QOB.LAutoneum Holding AG3.17%$5.3138.94%
0RV0.LReply S.p.A.3.17%$3.1542.92%
8174.TNippon Gas Co., Ltd.3.17%$94.1480.69%
PTMP.JKPT Mitra Pack Tbk3.17%$2.6677.22%
QGTS.QAQatar Gas Transport Company Limited (Nakilat) (QPSC)3.17%$0.1447.21%
YKBNK.ISYapi ve Kredi Bankasi A.S.3.17%$1.2122.97%
003200.KSIlshin Spinning Co.,Ltd3.16%$378.1131.94%
092730.KQNeoPharm Co. Ltd.3.16%$600.6333.76%
EALT3.SAElectro Aço Altona S.A.3.16%$0.469.60%
028670.KSPan Ocean Co., Ltd.3.15%$119.6221.90%
1508.HKChina Reinsurance (Group) Corporation3.15%$0.0611.64%
2945.TWSimple Mart Retail Co., Ltd.3.15%$1.2058.50%
3167.TTOKAI Holdings Corporation3.15%$34.0942.72%
ACLN.SWAccelleron Industries AG3.15%$1.9453.11%
ALWEC.PAWe.Connect S.A.3.15%$0.7711.96%
PWH.AXPWR Holdings Limited3.15%$0.2572.35%
603115.SSNantong Haixing Electronics Co., Ltd.3.14%$0.5970.53%
603730.SSShanghai Daimay Automotive Interior Co., Ltd3.14%$0.2794.69%
6459.TDaiwa Industries Ltd.3.14%$49.9046.32%
7849.TStarts Publishing Corporation3.14%$119.6231.71%
KDH.BKThonburi Medical Centre Public Company Limited3.14%$2.5432.51%
OISHI.BKOishi Group Public Company Limited3.14%$1.6048.61%
TAALA.HETaaleri Oyj3.14%$0.2433.28%
WIE.VIWienerberger AG3.14%$0.9555.36%
2645.TWEvergreen Aviation Technologies Corporation3.13%$4.4985.07%
4561.TWOKenturn Nano. Tec. Co., Ltd.3.13%$1.0196.50%
601330.SSDynagreen Environmental Protection Group Co., Ltd.3.13%$0.2141.43%
603939.SSYifeng Pharmacy Chain Co., Ltd.3.13%$0.6850.18%
6287.TSato Holdings Corporation3.13%$75.1834.02%
EUCA3.SAEucatex S.A. Indústria e Comércio3.13%$0.6521.57%
MAIRE.MIMaire Tecnimont S.p.A.3.13%$0.4157.25%
MI-UN.TOMinto Apartment Real Estate Investment Trust3.13%$0.4335.25%
100120.KQVieworks Co., Ltd.3.12%$614.2427.04%
601200.SSShanghai Environment Group Co., Ltd3.12%$0.2556.81%
9611.SRArabian United Float Glass Company3.12%$1.0025.86%
000933.SZHenan Shenhuo Coal Industary and Electricity Power Corporation Limited Class A3.11%$0.8544.77%
2402.TWIchia Technologies, Inc.3.11%$1.9778.30%
600352.SSZhejiang Longsheng Group Co.,Ltd3.11%$0.3352.01%
600529.SSShandong Pharmaceutical Glass Co., Ltd3.11%$0.6253.78%
6416.TWCASwell Inc.3.11%$2.8067.49%