Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tongling Jingda Special Magnet Wire Co., Ltd. (600577.SS)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$47.62 - $56.10$52.58
Multi-Stage$31.62 - $34.70$33.13
Blended Fair Value$42.85
Current Price$10.40
Upside312.04%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS30.32%16.84%0.230.170.090.090.140.060.100.150.070.08
YoY Growth--33.44%91.83%1.06%-36.81%129.97%-37.22%-33.10%101.59%-4.06%55.34%
Dividend Yield--3.24%3.41%2.14%1.73%3.90%2.28%2.68%3.41%1.19%1.68%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)596.74
(-) Cash Dividends Paid (M)204.17
(=) Cash Retained (M)392.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)119.3574.5944.76
Cash Retained (M)392.57392.57392.57
(-) Cash Required (M)-119.35-74.59-44.76
(=) Excess Retained (M)273.22317.98347.82
(/) Shares Outstanding (M)2,115.322,115.322,115.32
(=) Excess Retained per Share0.130.150.16
LTM Dividend per Share0.100.100.10
(+) Excess Retained per Share0.130.150.16
(=) Adjusted Dividend0.230.250.26
WACC / Discount Rate2.81%2.81%2.81%
Growth Rate5.50%6.50%7.50%
Fair Value$47.62$52.58$56.10
Upside / Downside357.87%405.55%439.45%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)596.74635.53676.83720.83767.68817.58842.11
Payout Ratio34.21%45.37%56.53%67.69%78.84%90.00%92.50%
Projected Dividends (M)204.17288.34382.60487.90605.26735.82778.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.81%2.81%2.81%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)277.82280.45283.08
Year 2 PV (M)355.18361.94368.77
Year 3 PV (M)436.39448.92461.68
Year 4 PV (M)521.61541.67562.30
Year 5 PV (M)610.97640.49671.12
PV of Terminal Value (M)64,678.4867,802.4871,046.04
Equity Value (M)66,880.4570,075.9473,393.00
Shares Outstanding (M)2,115.322,115.322,115.32
Fair Value$31.62$33.13$34.70
Upside / Downside204.01%218.54%233.61%

High-Yield Dividend Screener

« Prev Page 6 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
FFord Motor Company5.53%$0.7463.45%
LCNBLCNB Corp.5.48%$0.8953.03%
PPBIPacific Premier Bancorp, Inc.5.48%$1.3492.42%
VGRVector Group Ltd.5.48%$0.8263.35%
DLXDeluxe Corporation5.43%$1.2166.43%
BAFNBayFirst Financial Corp.5.41%$0.4321.50%
IPGThe Interpublic Group of Companies, Inc.5.41%$1.3388.72%
PEBOPeoples Bancorp Inc.5.39%$1.6256.40%
OKEONEOK, Inc.5.38%$4.0075.29%
BUSEFirst Busey Corporation5.37%$1.2875.92%
OASOasis Petroleum Inc.5.37%$5.8765.40%
EIXEdison International5.36%$3.2639.45%
0R1X.LGeneral Mills, Inc.5.35%$2.4545.62%
FIBKFirst Interstate BancSystem, Inc.5.35%$1.8979.54%
FNCBFNCB Bancorp, Inc.5.33%$0.3651.41%
DHILDiamond Hill Investment Group, Inc.5.31%$9.0552.46%
SLRCSLR Investment Corp.5.31%$0.8249.67%
EPSNEpsilon Energy Ltd.5.30%$0.2491.92%
UVVUniversal Corporation5.28%$2.7862.64%
FLICThe First of Long Island Corporation5.27%$0.6386.64%
AUBAtlantic Union Bankshares Corporation5.22%$1.8576.04%
SAFESafehold Inc.5.20%$0.7145.17%
GAB-PGThe Gabelli Equity Trust Inc. PFD-G5.19%$1.0881.70%
HPQHP Inc.5.19%$1.1543.02%
SOISolaris Oilfield Infrastructure, Inc.5.18%$0.7025.64%
MBINOMerchants Bancorp5.17%$1.2924.09%
0JXQ.LMain Street Capital Corporation5.13%$3.1752.63%
EMNEastman Chemical Company5.12%$3.2954.36%
EMBCEmbecta Corp.5.10%$0.5936.96%
AMAntero Midstream Corporation5.09%$0.9193.18%
CZNCCitizens & Northern Corporation5.09%$1.0257.64%
FMNBFarmers National Banc Corp.5.09%$0.6846.83%
0J66.LHost Hotels & Resorts, Inc.5.08%$0.9084.69%
GLPIGaming and Leisure Properties, Inc.5.07%$2.2582.42%
PFISPeoples Financial Services Corp.5.07%$2.4446.22%
TBBAT&T Inc. 5.35% GLB NTS 665.07%$1.1436.88%
KFRCKforce Inc.5.02%$1.5768.10%
TTPTortoise Pipeline & Energy Fund, Inc.5.02%$2.3920.11%
STAR-PGiStar Inc.4.94%$1.2434.23%
PFSProvident Financial Services, Inc.4.93%$0.9761.13%
UBFOUnited Security Bancshares4.92%$0.4873.45%
DDTDillards Capital Trust I CAP SECS 7.5%4.90%$1.293.46%
SGUStar Group, L.P.4.89%$0.5836.90%
AGRAvangrid, Inc.4.88%$1.7660.70%
KMBKimberly-Clark Corporation4.88%$4.9583.80%
OCFCOceanFirst Financial Corp.4.86%$0.8761.98%
0I0J.LThe Clorox Company4.85%$4.8976.11%
FNLCThe First Bancorp, Inc.4.83%$1.2845.40%
RILYZB. Riley Financial, Inc. 5.25% Senior Notes due 20284.83%$0.5856.91%
BSETBassett Furniture Industries, Incorporated4.82%$0.8089.43%