Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Yangfan New Materials (Zhejiang) Co., Ltd. (300637.SZ)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$7.71 - $9.10$8.52
Multi-Stage$8.16 - $9.02$8.58
Blended Fair Value$8.55
Current Price$13.44
Upside-36.37%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-17.16%-1.27%0.070.080.070.090.140.170.110.160.180.10
YoY Growth---22.49%21.76%-21.44%-38.19%-14.89%60.11%-35.95%-8.45%74.59%37.72%
Dividend Yield--0.70%0.91%0.82%1.17%1.77%1.70%0.61%1.58%2.46%1.41%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)11.70
(-) Cash Dividends Paid (M)10.87
(=) Cash Retained (M)0.84
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2.341.460.88
Cash Retained (M)0.840.840.84
(-) Cash Required (M)-2.34-1.46-0.88
(=) Excess Retained (M)-1.50-0.63-0.04
(/) Shares Outstanding (M)234.81234.81234.81
(=) Excess Retained per Share-0.010.000.00
LTM Dividend per Share0.050.050.05
(+) Excess Retained per Share-0.010.000.00
(=) Adjusted Dividend0.040.040.05
WACC / Discount Rate-12.51%-12.51%-12.51%
Growth Rate-3.27%-2.27%-1.27%
Fair Value$7.71$8.52$9.10
Upside / Downside-42.61%-36.58%-32.27%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)11.7011.4411.1810.9210.6810.4410.75
Payout Ratio92.86%92.29%91.72%91.14%90.57%90.00%92.50%
Projected Dividends (M)10.8710.5610.259.969.679.399.94

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-12.51%-12.51%-12.51%
Growth Rate-3.27%-2.27%-1.27%
Year 1 PV (M)11.9412.0612.19
Year 2 PV (M)13.1213.3913.67
Year 3 PV (M)14.4214.8715.33
Year 4 PV (M)15.8416.5117.19
Year 5 PV (M)17.4018.3219.28
PV of Terminal Value (M)1,842.331,939.542,040.82
Equity Value (M)1,915.052,014.702,118.48
Shares Outstanding (M)234.81234.81234.81
Fair Value$8.16$8.58$9.02
Upside / Downside-39.32%-36.16%-32.87%

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%