Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tangshan Sanyou Chemical Industries Co.,Ltd (600409.SS)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$0.63 - $0.87$0.75
Multi-Stage$1.28 - $1.40$1.34
Blended Fair Value$1.04
Current Price$5.63
Upside-81.44%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-16.48%-6.28%0.160.270.360.360.330.410.440.300.300.31
YoY Growth---39.06%-25.29%-0.07%11.43%-19.82%-8.07%46.35%-0.29%-2.95%-1.19%
Dividend Yield--3.00%5.34%5.49%4.51%3.00%8.08%5.88%3.50%3.16%4.40%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)225.96
(-) Cash Dividends Paid (M)183.09
(=) Cash Retained (M)42.87
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)45.1928.2416.95
Cash Retained (M)42.8742.8742.87
(-) Cash Required (M)-45.19-28.24-16.95
(=) Excess Retained (M)-2.3214.6225.92
(/) Shares Outstanding (M)2,065.712,065.712,065.71
(=) Excess Retained per Share0.000.010.01
LTM Dividend per Share0.090.090.09
(+) Excess Retained per Share0.000.010.01
(=) Adjusted Dividend0.090.100.10
WACC / Discount Rate8.68%8.68%8.68%
Growth Rate-4.61%-3.61%-2.61%
Fair Value$0.63$0.75$0.87
Upside / Downside-88.85%-86.67%-84.50%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)225.96217.80209.93202.35195.05188.00193.64
Payout Ratio81.03%82.82%84.62%86.41%88.21%90.00%92.50%
Projected Dividends (M)183.09180.39177.64174.86172.04169.20179.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.68%8.68%8.68%
Growth Rate-4.61%-3.61%-2.61%
Year 1 PV (M)164.25165.98167.70
Year 2 PV (M)147.29150.39153.53
Year 3 PV (M)132.01136.21140.49
Year 4 PV (M)118.27123.31128.51
Year 5 PV (M)105.92111.59117.50
PV of Terminal Value (M)1,973.202,078.832,188.92
Equity Value (M)2,640.952,766.302,896.64
Shares Outstanding (M)2,065.712,065.712,065.71
Fair Value$1.28$1.34$1.40
Upside / Downside-77.29%-76.21%-75.09%

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%