Definitive Analysis
Loading...
Definitive Analysis

Fundamentals

Mode

Ticker

Industry

Sector

Ningbo Energy Group Co.,Ltd. (600982.SS)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$31.36 - $57.90$54.26
Multi-Stage$9.43 - $10.30$9.85
Blended Fair Value$32.06
Current Price$4.45
Upside620.40%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS21.43%24.54%0.290.280.280.230.100.110.100.040.060.05
YoY Growth--2.67%2.41%21.74%122.48%-7.30%13.11%150.50%-34.34%9.30%67.15%
Dividend Yield--6.16%7.32%6.65%4.01%2.72%4.15%2.44%1.00%1.06%1.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)329.41
(-) Cash Dividends Paid (M)298.23
(=) Cash Retained (M)31.18
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)65.8841.1824.71
Cash Retained (M)31.1831.1831.18
(-) Cash Required (M)-65.88-41.18-24.71
(=) Excess Retained (M)-34.70-10.006.47
(/) Shares Outstanding (M)1,131.451,131.451,131.45
(=) Excess Retained per Share-0.03-0.010.01
LTM Dividend per Share0.260.260.26
(+) Excess Retained per Share-0.03-0.010.01
(=) Adjusted Dividend0.230.250.27
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Fair Value$31.36$54.26$57.90
Upside / Downside604.63%1,119.35%1,201.13%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)329.41350.82373.63397.91423.78451.32464.86
Payout Ratio90.53%90.43%90.32%90.21%90.11%90.00%92.50%
Projected Dividends (M)298.23317.24337.46358.97381.85406.19430.00

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)295.68298.48301.29
Year 2 PV (M)293.15298.74304.38
Year 3 PV (M)290.65298.99307.49
Year 4 PV (M)288.16299.25310.64
Year 5 PV (M)285.70299.50313.83
PV of Terminal Value (M)9,210.639,655.5010,117.41
Equity Value (M)10,663.9811,150.4611,655.03
Shares Outstanding (M)1,131.451,131.451,131.45
Fair Value$9.43$9.85$10.30
Upside / Downside111.80%121.46%131.48%

High-Yield Dividend Screener

« Prev Page 62 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
5139.KLAEON Credit Service (M) Berhad2.49%$0.1421.23%
MOBA.OLMorrow Bank ASA2.49%$0.4035.32%
NOKIA.HENokia Oyj2.49%$0.1465.00%
SUNI.JKPT Sunindo Pratama Tbk2.49%$20.7827.09%
TIPCO.BKTipco Foods Public Company Limited2.49%$0.1933.58%
003220.KSDaewon Pharmaceutical Co., Ltd.2.48%$297.3678.76%
081000.KSIljin Diamond Co.,Ltd2.48%$298.1639.09%
2489.HKPersistence Resources Group Ltd2.48%$0.0348.82%
2755.TWOYoungQin International Co., Ltd.2.48%$2.9054.00%
5474.TWOYuan High-Tech Development Co., Ltd.2.48%$3.9963.53%
6665.TWOHealthconn Corp.2.48%$0.5186.65%
7276.TKoito Manufacturing Co., Ltd.2.48%$57.3733.13%
BREB.BRBrederode S.A.2.48%$2.6620.88%
ICBP.JKPT Indofood CBP Sukses Makmur Tbk2.48%$200.0025.69%
ILU.AXIluka Resources Limited2.48%$0.1513.66%
LOXLEY.BKLoxley Public Company Limited2.48%$0.0332.70%
203450.KQUNION biometrics Co., Ltd.2.47%$77.4517.43%
300138.SZChenGuang Biotech Group Co., Ltd.2.47%$0.3144.10%
600854.SSJiangsu chunlan refrigerating equipment stock co.,ltd.2.47%$0.1253.56%
601108.SSCaitong Securities Co.,Ltd.2.47%$0.2238.34%
ACTINVRB.MXCorporación Actinver, S. A. B. de C. V.2.47%$0.5516.64%
ALCIS.PACatering International & Services S.A.2.47%$0.3426.64%
QBR-A.TOQuebecor Inc.2.47%$1.3738.63%
U13.SIUnited Overseas Insurance Limited2.47%$0.1947.92%
002415.SZHangzhou Hikvision Digital Technology Co., Ltd.2.46%$0.7451.16%
2897.TNissin Foods Holdings Co.,Ltd.2.46%$71.7542.73%
300144.SZSongcheng Performance Development Co.,Ltd2.46%$0.2066.36%
300257.SZKaishan Group Co., Ltd.2.46%$0.3585.09%
4452.TKao Corporation2.46%$153.9058.66%
6530.TWOAxcen Photonics Corporation2.46%$1.5382.52%
6571.TQB Net Holdings Co.,Ltd.2.46%$34.3143.61%
7298.TYachiyo Industry Co., Ltd.2.46%$34.0716.58%
2478.TWTA-I Technology Co., Ltd.2.45%$1.5253.44%
603305.SSNingbo Xusheng Auto Technology Co., Ltd.2.45%$0.4098.16%
603919.SSJINHUI LIQUOR Co.,Ltd.2.45%$0.5065.59%
688616.SSHangzhou Xili Intelligent Technology Co.,Ltd2.45%$0.3055.59%
KALMAR.HEKalmar Oyj2.45%$1.0044.14%
TOWR.JKPT Sarana Menara Nusantara Tbk.2.45%$14.3423.50%
VIVT3.SATelefônica Brasil S.A.2.45%$0.8042.63%
103140.KSPoongsan Corporation2.44%$2,600.4939.75%
300017.SZWangsu Science & Technology Co.,Ltd.2.44%$0.2572.18%
3086.TJ. Front Retailing Co., Ltd.2.44%$53.5343.66%
600182.SSGiti Tire Corporation2.44%$0.3789.97%
600785.SSYinchuan Xinhua Commercial (Group) Co., Ltd.2.44%$0.3355.95%
601636.SSZhuzhou Kibing Group Co.,Ltd2.44%$0.1564.94%
ELET5.SACentrais Elétricas Brasileiras S.A. - Eletrobrás2.44%$1.9263.99%
LISN.SWChocoladefabriken Lindt & Sprüngli AG2.44%$2,845.6050.18%
SCA-A.STSvenska Cellulosa Aktiebolaget SCA (publ)2.44%$3.0059.52%
000858.SZWuliangye Yibin Co.,Ltd.2.43%$2.5835.17%
002328.SZShanghai Xinpeng Industry Co.,Ltd.2.43%$0.1682.89%