Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Marine Information Electronics Company Limited (600764.SS)

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

Valuation Snapshot

Stable Growth$55.36 - $65.22$61.12
Multi-Stage$44.55 - $48.90$46.69
Blended Fair Value$53.90
Current Price$31.31
Upside72.16%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS33.90%47.48%0.230.250.360.320.270.050.030.000.020.00
YoY Growth---8.56%-31.20%13.63%15.73%420.28%51.96%638.85%-73.29%277.04%0.00%
Dividend Yield--0.81%1.14%1.40%1.18%1.00%0.19%0.10%0.02%0.06%0.03%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)233.11
(-) Cash Dividends Paid (M)70.94
(=) Cash Retained (M)162.17
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)46.6229.1417.48
Cash Retained (M)162.17162.17162.17
(-) Cash Required (M)-46.62-29.14-17.48
(=) Excess Retained (M)115.54133.03144.68
(/) Shares Outstanding (M)710.79710.79710.79
(=) Excess Retained per Share0.160.190.20
LTM Dividend per Share0.100.100.10
(+) Excess Retained per Share0.160.190.20
(=) Adjusted Dividend0.260.290.30
WACC / Discount Rate-1.12%-1.12%-1.12%
Growth Rate5.50%6.50%7.50%
Fair Value$55.36$61.12$65.22
Upside / Downside76.81%95.22%108.31%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)233.11248.26264.40281.58299.89319.38328.96
Payout Ratio30.43%42.35%54.26%66.17%78.09%90.00%92.50%
Projected Dividends (M)70.94105.13143.46186.33234.17287.44304.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-1.12%-1.12%-1.12%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)105.32106.32107.32
Year 2 PV (M)143.98146.72149.49
Year 3 PV (M)187.35192.73198.21
Year 4 PV (M)235.87244.94254.27
Year 5 PV (M)290.05304.06318.61
PV of Terminal Value (M)30,705.5232,188.6133,728.46
Equity Value (M)31,668.1033,183.3934,756.36
Shares Outstanding (M)710.79710.79710.79
Fair Value$44.55$46.69$48.90
Upside / Downside42.30%49.11%56.18%

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%