Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Bestsun Energy Co., Ltd. (600681.SS)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$2.65 - $4.26$3.38
Multi-Stage$5.92 - $6.50$6.20
Blended Fair Value$4.79
Current Price$3.81
Upside25.70%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-8.45%9.23%0.280.360.460.570.490.430.360.010.000.18
YoY Growth---22.90%-21.61%-20.13%17.85%13.05%19.18%2,516.90%217.14%-97.53%53.63%
Dividend Yield--8.30%9.57%10.55%11.13%8.52%8.00%3.78%0.16%0.04%2.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)335.93
(-) Cash Dividends Paid (M)320.27
(=) Cash Retained (M)15.66
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)67.1941.9925.19
Cash Retained (M)15.6615.6615.66
(-) Cash Required (M)-67.19-41.99-25.19
(=) Excess Retained (M)-51.53-26.34-9.54
(/) Shares Outstanding (M)1,340.891,340.891,340.89
(=) Excess Retained per Share-0.04-0.02-0.01
LTM Dividend per Share0.240.240.24
(+) Excess Retained per Share-0.04-0.02-0.01
(=) Adjusted Dividend0.200.220.23
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate-1.16%-0.16%0.84%
Fair Value$2.65$3.38$4.26
Upside / Downside-30.51%-11.38%11.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)335.93335.40334.87334.34333.82333.29343.29
Payout Ratio95.34%94.27%93.20%92.14%91.07%90.00%92.50%
Projected Dividends (M)320.27316.19312.11308.05304.00299.96317.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate-1.16%-0.16%0.84%
Year 1 PV (M)294.40297.38300.36
Year 2 PV (M)270.58276.08281.64
Year 3 PV (M)248.66256.28264.06
Year 4 PV (M)228.48237.87247.54
Year 5 PV (M)209.91220.74232.02
PV of Terminal Value (M)6,682.977,027.957,387.02
Equity Value (M)7,935.008,316.308,712.64
Shares Outstanding (M)1,340.891,340.891,340.89
Fair Value$5.92$6.20$6.50
Upside / Downside55.32%62.78%70.54%

High-Yield Dividend Screener

« Prev Page 60 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002244.SZHangzhou Binjiang Real Estate Group Co.,Ltd2.61%$0.2624.72%
023800.KSINZI Controls Co.,Ltd.2.61%$170.3414.79%
0O2W.LGFT Technologies SE2.61%$0.5037.28%
4332.SRJadwa REIT Al Haramain Fund2.61%$0.1313.56%
603713.SSMilkyway Chemical Supply Chain Service Co., Ltd.2.61%$1.4540.70%
7743.TSEED Co.,Ltd.2.61%$14.9932.99%
GBF.DEBilfinger SE2.61%$2.8757.97%
SMTO3.SASão Martinho S.A.2.61%$0.3925.61%
TURSG.ISTürkiye Sigorta Anonim Sirketi2.61%$0.3017.12%
015230.KSDaechang Forging Co., Ltd.2.60%$159.7812.73%
300761.SZJiangsu Lihua Animal Husbandry Co., Ltd.2.60%$0.5469.75%
3257.TWChampion Microelectronic Corporation2.60%$1.8083.24%
000028.SZChina National Accord Medicines Corporation Ltd.2.59%$0.6366.16%
000423.SZDong-E-E-Jiao Co.,Ltd.2.59%$1.2748.72%
002375.SZZhejiang Yasha Decoration Co.,Ltd2.59%$0.1039.98%
002508.SZHangzhou Robam Appliances Co., Ltd.2.59%$0.5030.91%
035510.KSSHINSEGAE Information & Communication Co., Ltd.2.59%$430.0912.26%
4732.TUSS Co., Ltd.2.59%$44.4652.49%
600623.SSShanghai Huayi Group Corporation Limited2.59%$0.2060.15%
603367.SSCisen Pharmaceutical Co., Ltd.2.59%$0.4541.25%
6794.TFoster Electric Company, Limited2.59%$70.1937.70%
ORNAV.HEOrion Oyj2.59%$1.6373.31%
0027.HKGalaxy Entertainment Group Limited2.58%$1.0024.37%
0MKP.LStrabag SE2.58%$2.0829.10%
1586.HKChina Leon Inspection Holding Limited2.58%$0.0621.58%
3612.TWorld Co., Ltd.2.58%$79.8124.01%
5334.TNiterra Co., Ltd.2.58%$178.0936.87%
601137.SSNingbo Boway Alloy Material Company Limited2.58%$0.5543.16%
688355.SSSuzhou Mingzhi Technology Co., Ltd.2.58%$0.4698.88%
ASAI.LASA International Group PLC2.58%$5.0531.55%
DEK.WADekpol S.A.2.58%$2.3917.66%
PNGO.JKPT PINAGO UTAMA Tbk2.58%$80.2621.28%
600999.SSChina Merchants Securities Co., Ltd.2.57%$0.4330.69%
605338.SSZhongyin Babi Food Co., Ltd.2.57%$0.8067.91%
ARB.AXARB Corporation Limited2.57%$0.8234.10%
ERWPF.BKErawan Hotel Growth Property Fund2.57%$0.2322.08%
HLUN-A.COH. Lundbeck A/S2.57%$0.9524.76%
KVT.WAKrynica Vitamin S.A.2.57%$0.2725.50%
UNIQ.BKUnique Engineering and Construction Public Company Limited2.57%$0.077.66%
004710.KSHansol Technics Co., Ltd.2.56%$150.4826.54%
1714.TWHo Tung Chemical Corp.2.56%$0.2147.53%
300880.SZNingbo Jianan Electronics Co.,Ltd2.56%$0.4598.75%
383220.KSF&F Co., Ltd2.56%$1,700.2719.00%
603227.SSXinjiang Xuefeng Sci-Tech(Group)Co.,Ltd2.56%$0.2149.65%
605507.SSGuobang Pharma Ltd.2.56%$0.6340.20%
9319.TChuo Warehouse Co.,Ltd.2.56%$36.6436.47%
ANA.MCAcciona, S.A.2.56%$4.8831.97%
GGAL.BAGrupo Financiero Galicia S.A.2.56%$213.9137.51%
HOFI.STHoist Finance AB (publ)2.56%$2.9325.50%
P52.SIPan-United Corporation Ltd2.56%$0.0348.81%