Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Olympic Circuit Technology Co., Ltd (603920.SS)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$21.83 - $46.62$31.07
Multi-Stage$16.66 - $18.15$17.39
Blended Fair Value$24.23
Current Price$45.59
Upside-46.85%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.98%24.88%0.490.470.470.350.290.260.270.010.190.19
YoY Growth--4.05%-0.24%32.33%20.04%11.66%-0.64%3,444.33%-96.10%3.59%252.73%
Dividend Yield--1.63%2.51%2.55%2.09%2.29%1.88%2.41%0.06%1.15%1.11%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)816.99
(-) Cash Dividends Paid (M)436.24
(=) Cash Retained (M)380.76
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)163.40102.1261.27
Cash Retained (M)380.76380.76380.76
(-) Cash Required (M)-163.40-102.12-61.27
(=) Excess Retained (M)217.36278.63319.48
(/) Shares Outstanding (M)707.85707.85707.85
(=) Excess Retained per Share0.310.390.45
LTM Dividend per Share0.620.620.62
(+) Excess Retained per Share0.310.390.45
(=) Adjusted Dividend0.921.011.07
WACC / Discount Rate9.96%9.96%9.96%
Growth Rate5.50%6.50%7.50%
Fair Value$21.83$31.07$46.62
Upside / Downside-52.11%-31.85%2.25%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)816.99870.10926.65986.891,051.041,119.351,152.93
Payout Ratio53.40%60.72%68.04%75.36%82.68%90.00%92.50%
Projected Dividends (M)436.24528.29630.47743.70868.991,007.421,066.46

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.96%9.96%9.96%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)475.92480.43484.94
Year 2 PV (M)511.66521.41531.25
Year 3 PV (M)543.72559.33575.24
Year 4 PV (M)572.34594.35616.99
Year 5 PV (M)597.74626.61656.58
PV of Terminal Value (M)9,088.879,527.869,983.66
Equity Value (M)11,790.2512,309.9912,848.65
Shares Outstanding (M)707.85707.85707.85
Fair Value$16.66$17.39$18.15
Upside / Downside-63.46%-61.85%-60.18%

High-Yield Dividend Screener

« Prev Page 55 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AUAngloGold Ashanti Plc2.92%$2.5056.24%
000529.SZGuangdong Guanghong Holdings Co.,Ltd.2.91%$0.1898.46%
0383.HKTian An Medicare Limited2.91%$0.0360.45%
105560.KSKB Financial Group Inc.2.91%$3,590.2922.69%
3899.HKCIMC Enric Holdings Limited2.91%$0.2825.59%
BIMAS.ISBIM Birlesik Magazalar A.S.2.91%$15.7864.92%
000951.SZSinotruk Jinan Truck Co., Ltd.2.90%$0.4935.94%
002541.SZAnhui Honglu Steel Construction(Group) Co. Ltd.2.90%$0.4853.40%
060720.KQKHVATEC Co.,Ltd.2.90%$330.7846.02%
0950.HKLee's Pharmaceutical Holdings Limited2.90%$0.0527.09%
0QLK.LHypothekarbank Lenzburg AG2.90%$115.2519.90%
0RMP.LBanque Cantonale de Genève S.A.2.90%$0.7111.87%
600167.SSLuenmei Quantum Co.,Ltd2.90%$0.2065.26%
IBAB.BRIon Beam Applications S.A.2.90%$0.3844.34%
METCO.BKMuramoto Electron (Thailand) Public Company Limited2.90%$8.0015.20%
002852.SZDaodaoquan Grain and Oil Co.,Ltd.2.89%$0.3037.22%
005680.KSSamyoung Electronics Co., Ltd2.89%$300.7749.07%
600526.SSZhejiang Feida Environmental Science & Technology Co., Ltd.2.89%$0.1548.23%
601377.SSIndustrial Securities Co.,Ltd.2.89%$0.2155.11%
688697.SSNeway CNC Equipment (Suzhou) Co., Ltd.2.89%$0.4466.80%
7738.TWOEui2.89%$5.5039.18%
AMXB.MXAmérica Móvil, S.A.B. de C.V.2.89%$0.5443.68%
OMASP.HEOma Säästöpankki Oyj2.89%$0.3625.24%
001200.KSEugene Investment & Securities Co.,Ltd.2.88%$99.9214.37%
002310.KSAsia Paper Manufacturing.Co.,Ltd2.88%$224.2442.56%
3357.TWOTAI-TECH Advanced Electronics Co., Ltd.2.88%$4.6148.95%
600496.SSChangjiang & Jinggong Steel Building (Group) Co., Ltd2.88%$0.1242.56%
603043.SSGuangzhou Restaurant Group Company Limited2.88%$0.5157.82%
PAXPatria Investments Limited2.88%$0.4666.16%
000528.SZGuangxi Liugong Machinery Co., Ltd.2.87%$0.3451.00%
2233.HKWest China Cement Limited2.87%$0.0938.77%
600660.SSFuyao Glass Industry Group Co., Ltd.2.87%$1.8653.34%
603579.SSShanghai Rongtai Health Technology Corporation Limited2.87%$0.6877.63%
EIF.TOExchange Income Corporation2.87%$2.3593.13%
000403.SZPacific Shuanglin Bio-pharmacy Co., Ltd.2.86%$0.3966.45%
002637.SZZanyu Technology Group Co., Ltd.2.86%$0.2980.65%
008260.KSNi Steel Co.,Ltd2.86%$99.9615.43%
0434.HKBoyaa Interactive International Limited2.86%$0.108.21%
0839.HKChina Education Group Holdings Limited2.86%$0.0977.39%
2949.TWOH.H.Galaxy Co., Ltd.2.86%$1.9353.15%
600480.SSLing Yun Industrial Corporation Limited2.86%$0.3556.75%
603373.SSAnbang Save-Guard Group Co.,Ltd.2.86%$1.0990.20%
603380.SSSuzhou Etron Technologies Co.,Ltd.2.86%$1.0977.96%
C09.SICity Developments Limited2.86%$0.2317.08%
0IKK.LDigia Oyj2.85%$0.1939.95%
4432.TWingArc1st Inc.2.85%$103.6268.51%
603998.SSHunan Fangsheng Pharmaceutical Co., Ltd.2.85%$0.3247.62%
FAGR.BRFagron N.V.2.85%$0.6227.65%
SKR.BKSikarin Public Company Limited2.85%$0.2061.04%
TPX-B.TOMolson Coors Canada Inc.2.85%$1.8635.97%