Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Daily Digital Culture Group Co.,Ltd. (600633.SS)

Company Dividend Discount ModelIndustry: Internet Content & InformationSector: Communication Services

Valuation Snapshot

Stable Growth$4.77 - $7.67$6.08
Multi-Stage$8.04 - $8.83$8.43
Blended Fair Value$7.25
Current Price$14.49
Upside-49.94%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS21.78%1.85%0.220.100.040.100.110.080.180.150.190.20
YoY Growth--126.97%152.84%-62.42%-9.36%37.03%-55.18%18.78%-18.29%-7.63%11.67%
Dividend Yield--1.63%0.85%0.31%1.25%1.48%0.80%1.72%1.12%0.95%1.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)571.60
(-) Cash Dividends Paid (M)203.13
(=) Cash Retained (M)368.47
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)114.3271.4542.87
Cash Retained (M)368.47368.47368.47
(-) Cash Required (M)-114.32-71.45-42.87
(=) Excess Retained (M)254.15297.02325.60
(/) Shares Outstanding (M)1,280.461,280.461,280.46
(=) Excess Retained per Share0.200.230.25
LTM Dividend per Share0.160.160.16
(+) Excess Retained per Share0.200.230.25
(=) Adjusted Dividend0.360.390.41
WACC / Discount Rate7.33%7.33%7.33%
Growth Rate-0.15%0.85%1.85%
Fair Value$4.77$6.08$7.67
Upside / Downside-67.11%-58.06%-47.05%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)571.60576.47581.39586.35591.35596.40614.29
Payout Ratio35.54%46.43%57.32%68.21%79.11%90.00%92.50%
Projected Dividends (M)203.13267.66333.27399.98467.80536.76568.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.33%7.33%7.33%
Growth Rate-0.15%0.85%1.85%
Year 1 PV (M)246.89249.36251.84
Year 2 PV (M)283.57289.27295.04
Year 3 PV (M)313.93323.46333.17
Year 4 PV (M)338.68352.45366.64
Year 5 PV (M)358.46376.77395.82
PV of Terminal Value (M)8,753.829,201.029,666.32
Equity Value (M)10,295.3410,792.3411,308.83
Shares Outstanding (M)1,280.461,280.461,280.46
Fair Value$8.04$8.43$8.83
Upside / Downside-44.51%-41.83%-39.05%

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%