Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Industrial Bank Co., Ltd. (601166.SS)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$59.21 - $121.00$82.94
Multi-Stage$76.20 - $83.47$79.77
Blended Fair Value$81.36
Current Price$19.85
Upside309.86%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.30%15.30%2.402.612.242.341.991.951.941.881.440.48
YoY Growth---8.09%16.61%-4.07%17.35%2.33%0.55%3.08%30.29%199.79%-16.96%
Dividend Yield--11.12%16.51%13.27%11.30%8.27%12.23%10.38%11.25%8.89%3.09%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)77,282.00
(-) Cash Dividends Paid (M)47,938.00
(=) Cash Retained (M)29,344.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)15,456.409,660.255,796.15
Cash Retained (M)29,344.0029,344.0029,344.00
(-) Cash Required (M)-15,456.40-9,660.25-5,796.15
(=) Excess Retained (M)13,887.6019,683.7523,547.85
(/) Shares Outstanding (M)22,597.8022,597.8022,597.80
(=) Excess Retained per Share0.610.871.04
LTM Dividend per Share2.122.122.12
(+) Excess Retained per Share0.610.871.04
(=) Adjusted Dividend2.742.993.16
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate2.30%3.30%4.30%
Fair Value$59.21$82.94$121.00
Upside / Downside198.30%317.86%509.57%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)77,282.0079,835.7982,473.9785,199.3388,014.7490,923.2093,650.89
Payout Ratio62.03%67.62%73.22%78.81%84.41%90.00%92.50%
Projected Dividends (M)47,938.0053,988.1360,385.7767,147.2874,289.7281,830.8886,627.08

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate2.30%3.30%4.30%
Year 1 PV (M)49,953.1050,441.3850,929.66
Year 2 PV (M)51,696.7152,712.2953,737.75
Year 3 PV (M)53,188.8754,763.8956,369.70
Year 4 PV (M)54,448.4156,608.7058,832.65
Year 5 PV (M)55,492.9558,258.6461,133.51
PV of Terminal Value (M)1,457,181.781,529,805.591,605,296.54
Equity Value (M)1,721,961.811,802,590.491,886,299.81
Shares Outstanding (M)22,597.8022,597.8022,597.80
Fair Value$76.20$79.77$83.47
Upside / Downside283.88%301.86%320.52%

High-Yield Dividend Screener

« Prev Page 52 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PRN.AXPerenti Limited3.11%$0.0939.25%
S11.BKS 11 Group Public Company Limited3.11%$0.1017.73%
SPKSJF.COSparekassen Sjælland-Fyn A/S3.11%$11.8230.81%
0QQT.LEdisun Power Europe AG3.10%$1.618.38%
117580.KSDaesung Energy Co., Ltd.3.10%$248.5825.96%
5851.TRyobi Limited3.10%$84.8741.68%
601952.SSJiangsu Provincial Agricultural Reclamation and Development Co.,Ltd.3.10%$0.2867.42%
7242.TKYB Corporation3.10%$138.5423.69%
8206.KLEco World Development Group Berhad3.10%$0.0755.27%
EGR1T.TLEnefit Green AS3.10%$0.1147.44%
ROU.BRRoularta Media Group N.V.3.10%$0.3763.60%
021240.KSCOWAY Co., Ltd.3.09%$2,641.4332.91%
032830.KSSamsung Life Insurance Co., Ltd.3.09%$4,826.3739.72%
4809.TParaca Inc.3.09%$62.8332.24%
ACKB.BRAckermans & Van Haaren N.V.3.09%$7.1924.51%
BRCR11.SAFundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund3.09%$1.4381.27%
ICLICL Group Ltd3.09%$0.1862.52%
LPP.WALPP S.A.3.09%$654.9267.31%
MINT-R.BKMinor International Public Company Limited3.09%$0.7558.46%
SSMS.JKPT Sawit Sumbermas Sarana Tbk.3.09%$47.9037.66%
TKNO4.SATekno S.A. Indústria e Comércio3.09%$6.2852.08%
002772.SZTianshui Zhongxing Bio-technology Co.,Ltd.3.08%$0.4569.10%
008490.KSSuheung Co., Ltd.3.08%$663.1317.93%
015750.KQSungwoo Hitech Co., Ltd.3.08%$209.439.11%
0KIZ.LNew Wave Group AB (publ)3.08%$3.5056.51%
3696.TCeres Inc.3.08%$59.8629.20%
9535.SRLadun Investment Company3.08%$0.0833.54%
BAMNB.ASKoninklijke BAM Groep nv3.08%$0.3026.44%
002500.SZShanxi Securities Co., Ltd.3.07%$0.1872.43%
1734.TWSinphar Pharmaceutical Co.,Ltd.3.07%$0.9454.13%
603035.SSJiangsu Changshu Automotive Trim Group Co., Ltd.3.07%$0.4744.81%
688029.SSMicro-Tech (Nanjing) Co., Ltd.3.07%$2.5076.50%
9622.SRShmoh Almadi Co.3.07%$0.2753.61%
4423.TARTERIA Networks Corporation3.06%$60.5352.12%
COH.AXCochlear Limited3.06%$7.9970.26%
GEBKA.ATGeneral Commercial & Industrial S.A.3.06%$0.0862.96%
KAT.AXKatana Capital Limited3.06%$0.0426.99%
KBSPIF.BKKhonburi Sugar Power Plant Infrastructure Fund3.06%$0.2519.88%
002001.SZZhejiang NHU Company Ltd.3.05%$0.7732.74%
008560.KSMeritz Securities Co., Ltd.3.05%$185.9714.12%
0826.HKTiangong International Company Limited3.05%$0.1037.07%
339770.KSKyochon Food&Beverage Co., Ltd.3.05%$130.8548.67%
600511.SSChina National Medicines Corporation Ltd.3.05%$0.8832.88%
6902.TDENSO Corporation3.05%$65.9045.39%
BGRIM-R.BKB.Grimm Power Public Company Limited3.05%$0.4356.94%
CSMG3.SACompanhia de Saneamento de Minas Gerais3.05%$1.3337.21%
PIHLIS.HEPihlajalinna Oyj3.05%$0.4424.32%
0EXG.ILJerónimo Martins, SGPS, S.A.3.04%$0.6263.09%
0NX2.LABB Ltd3.04%$1.0543.06%
4204.TSekisui Chemical Co., Ltd.3.04%$80.0246.81%