Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ningbo Henghe Precision Industry Co.,Ltd. (300539.SZ)

Company Dividend Discount ModelIndustry: Manufacturing - Metal FabricationSector: Industrials

Valuation Snapshot

Stable Growth$36.91 - $43.49$40.76
Multi-Stage$13.25 - $14.52$13.88
Blended Fair Value$27.32
Current Price$46.68
Upside-41.48%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.49%12.63%0.130.080.130.080.080.090.030.040.020.02
YoY Growth--72.79%-39.89%66.29%-10.31%-2.96%214.79%-25.87%50.64%16.04%-46.43%
Dividend Yield--0.88%0.79%0.97%0.92%1.25%1.27%0.23%0.38%0.11%0.53%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)51.25
(-) Cash Dividends Paid (M)40.35
(=) Cash Retained (M)10.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)10.256.413.84
Cash Retained (M)10.9010.9010.90
(-) Cash Required (M)-10.25-6.41-3.84
(=) Excess Retained (M)0.654.507.06
(/) Shares Outstanding (M)234.36234.36234.36
(=) Excess Retained per Share0.000.020.03
LTM Dividend per Share0.170.170.17
(+) Excess Retained per Share0.000.020.03
(=) Adjusted Dividend0.170.190.20
WACC / Discount Rate4.76%4.76%4.76%
Growth Rate5.50%6.50%7.50%
Fair Value$36.91$40.76$43.49
Upside / Downside-20.92%-12.69%-6.83%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)51.2554.5858.1361.9165.9370.2272.33
Payout Ratio78.72%80.98%83.23%85.49%87.74%90.00%92.50%
Projected Dividends (M)40.3544.2048.3952.9357.8563.2066.90

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.76%4.76%4.76%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)41.8042.1942.59
Year 2 PV (M)43.2744.0944.92
Year 3 PV (M)44.7646.0447.35
Year 4 PV (M)46.2648.0449.87
Year 5 PV (M)47.7950.1052.50
PV of Terminal Value (M)2,882.583,021.813,166.37
Equity Value (M)3,106.463,252.283,403.61
Shares Outstanding (M)234.36234.36234.36
Fair Value$13.25$13.88$14.52
Upside / Downside-71.60%-70.27%-68.89%

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%