Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Telecom Corporation Limited (601728.SS)

Company Dividend Discount ModelIndustry: Telecommunications ServicesSector: Communication Services

Valuation Snapshot

Stable Growth$16.99 - $78.76$38.17
Multi-Stage$9.83 - $10.75$10.28
Blended Fair Value$24.22
Current Price$6.66
Upside263.72%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS21.48%14.27%0.260.220.290.090.100.100.080.080.070.07
YoY Growth--17.29%-24.41%214.47%-8.89%4.17%17.48%0.50%16.04%5.34%-0.61%
Dividend Yield--3.28%3.64%4.58%2.31%1.66%1.59%1.35%1.35%1.16%1.10%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)36,373.32
(-) Cash Dividends Paid (M)15,722.28
(=) Cash Retained (M)20,651.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7,274.664,546.672,728.00
Cash Retained (M)20,651.0420,651.0420,651.04
(-) Cash Required (M)-7,274.66-4,546.67-2,728.00
(=) Excess Retained (M)13,376.3716,104.3717,923.04
(/) Shares Outstanding (M)91,507.1091,507.1091,507.10
(=) Excess Retained per Share0.150.180.20
LTM Dividend per Share0.170.170.17
(+) Excess Retained per Share0.150.180.20
(=) Adjusted Dividend0.320.350.37
WACC / Discount Rate7.07%7.07%7.07%
Growth Rate5.10%6.10%7.10%
Fair Value$16.99$38.17$78.76
Upside / Downside155.14%473.12%1,082.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)36,373.3238,591.5640,945.0743,442.1146,091.4448,902.3450,369.41
Payout Ratio43.22%52.58%61.93%71.29%80.64%90.00%92.50%
Projected Dividends (M)15,722.2820,291.3725,359.2730,969.8437,170.4244,012.1046,591.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.07%7.07%7.07%
Growth Rate5.10%6.10%7.10%
Year 1 PV (M)18,773.7018,952.3319,130.96
Year 2 PV (M)21,707.7022,122.7622,541.75
Year 3 PV (M)24,527.5725,234.3925,954.65
Year 4 PV (M)27,236.5228,288.0229,369.67
Year 5 PV (M)29,837.6631,284.4432,786.81
PV of Terminal Value (M)776,977.68814,652.08853,773.92
Equity Value (M)899,060.84940,534.01983,557.76
Shares Outstanding (M)91,507.1091,507.1091,507.10
Fair Value$9.83$10.28$10.75
Upside / Downside47.52%54.33%61.39%

High-Yield Dividend Screener

« Prev Page 53 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603600.SSUE Furniture Co., Ltd.3.04%$0.3645.42%
6725.TWOCica-Huntek Chemical Technology Taiwan Co., Ltd.3.04%$8.6629.24%
7736.TWOHushan3.04%$2.7334.63%
9631.SRHedab Alkhaleej Trading Co.3.04%$0.9315.05%
EMBELL.STEmbellence Group AB (publ)3.04%$1.2345.31%
HBH.DEHORNBACH Holding AG & Co. KGaA3.04%$2.5026.39%
S68.SISingapore Exchange Limited3.04%$0.5244.77%
000563.SZShaanxi International Trust Co.,Ltd.3.03%$0.1037.59%
000651.SZGree Electric Appliances, Inc. of Zhuhai3.03%$1.2221.25%
002588.SZStanley Agriculture Group Co.,Ltd.3.03%$0.3035.63%
2890.TWSinoPac Financial Holdings Company Limited3.03%$0.8747.46%
300146.SZBy-health Co., Ltd.3.03%$0.3688.13%
AN3PJ.AXANZ Group Holdings Limited3.03%$3.1474.08%
SBMA.JKPT Surya Biru Murni Acetylene Tbk3.03%$4.0026.88%
003008.SZXuchang KETOP Testing Research Institute Co.,Ltd3.02%$0.6577.32%
350520.KSIGIS RESIDENCE REIT Co., Ltd.3.02%$115.5129.71%
5249.KLIOI Properties Group Berhad3.02%$0.0826.55%
601609.SSNingbo Jintian Copper(Group) Co., Ltd.3.02%$0.3365.77%
6667.TWOTrusval Technology Co., Ltd.3.02%$8.1265.45%
9202.TANA Holdings Inc.3.02%$89.9231.71%
AXFO.STAxfood AB (publ)3.02%$8.7188.81%
EQTL3.SAEquatorial Energia S.A.3.02%$1.1643.16%
GARAN.ISTurkiye Garanti Bankasi A.S.3.02%$4.5217.50%
IMOImperial Oil Limited3.02%$2.6933.94%
JEN.BRJensen-Group N.V.3.02%$1.7919.29%
002116.SZChina Haisum Engineering Co., Ltd.3.01%$0.3140.43%
007210.KSByucksan Corporation3.01%$52.2417.82%
0QO7.LBarry Callebaut AG3.01%$57.9084.65%
0R8X.LPlazza AG3.01%$12.5035.89%
1837.HKNatural Food International Holding Limited3.01%$0.0322.72%
280360.KSLotte Wellfood Co.,Ltd3.01%$3,368.6447.78%
7236.TT.RAD Co., Ltd.3.01%$247.2925.88%
ARJO-B.STArjo AB (publ)3.01%$0.9559.13%
FAE.MCFaes Farma, S.A.3.01%$0.1638.53%
000582.SZBeibu Gulf Port Co., Ltd.3.00%$0.2861.06%
5227.KLIGB Real Estate Investment Trust3.00%$0.0849.35%
600989.SSNingxia Baofeng Energy Group Co., Ltd.3.00%$0.5939.72%
601058.SSSailun Group Co., Ltd.3.00%$0.4942.76%
9147.TNippon Express Holdings,Inc.3.00%$100.5780.85%
EUROB.ATEurobank Ergasias Services and Holdings S.A.3.00%$0.1128.68%
KLBF.JKPT Kalbe Farma Tbk.3.00%$36.1046.82%
KNOPKNOT Offshore Partners LP3.00%$0.3131.19%
SANT.DEKontron AG3.00%$0.5826.01%
000932.SZHunan Valin Steel Co., Ltd.2.99%$0.1741.58%
002039.SZGuiZhou QianYuan Power Co., Ltd.2.99%$0.5452.04%
028100.KSDong-Ah Geological Engineering Company Ltd.2.99%$509.7141.84%
0R6S.LZehnder Group AG2.99%$2.4466.50%
2658.KLAjinomoto (Malaysia) Bhd2.99%$0.4144.56%
3486.TGlobal Link Management Inc.2.99%$63.6616.66%
4002.SRMouwasat Medical Services Company2.99%$2.0052.94%