Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ManpowerGroup Greater China Limited (2180.HK)

Company Dividend Discount ModelIndustry: Staffing & Employment ServicesSector: Industrials

Valuation Snapshot

Stable Growth$11.36 - $17.28$14.14
Multi-Stage$23.57 - $25.95$24.74
Blended Fair Value$19.44
Current Price$3.91
Upside397.08%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS-7.06%0.00%0.290.111.700.280.250.410.730.000.000.00
YoY Growth--154.54%-93.41%517.80%9.48%-38.91%-43.57%0.00%0.00%0.00%0.00%
Dividend Yield--6.90%2.06%29.09%3.76%2.32%4.74%8.47%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)263.06
(-) Cash Dividends Paid (M)80.93
(=) Cash Retained (M)182.13
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)52.6132.8819.73
Cash Retained (M)182.13182.13182.13
(-) Cash Required (M)-52.61-32.88-19.73
(=) Excess Retained (M)129.52149.25162.40
(/) Shares Outstanding (M)203.75203.75203.75
(=) Excess Retained per Share0.640.730.80
LTM Dividend per Share0.400.400.40
(+) Excess Retained per Share0.640.730.80
(=) Adjusted Dividend1.031.131.19
WACC / Discount Rate6.91%6.91%6.91%
Growth Rate-2.00%-1.00%0.00%
Fair Value$11.36$14.14$17.28
Upside / Downside190.49%261.54%341.92%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)263.06260.43257.83255.25252.69250.17257.67
Payout Ratio30.76%42.61%54.46%66.31%78.15%90.00%92.50%
Projected Dividends (M)80.93110.97140.41169.24197.49225.15238.35

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.91%6.91%6.91%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)102.75103.80104.85
Year 2 PV (M)120.37122.84125.33
Year 3 PV (M)134.34138.50142.73
Year 4 PV (M)145.15151.16157.36
Year 5 PV (M)153.22161.19169.50
PV of Terminal Value (M)4,146.444,362.354,587.17
Equity Value (M)4,802.265,039.845,286.95
Shares Outstanding (M)203.75203.75203.75
Fair Value$23.57$24.74$25.95
Upside / Downside502.80%532.62%563.64%

High-Yield Dividend Screener

« Prev Page 66 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
4151.TKyowa Kirin Co., Ltd.2.30%$58.2379.35%
6526.TSocionext Inc.2.30%$50.3588.64%
8876.TRelo Group, Inc.2.30%$39.4530.35%
8923.TTosei Corporation2.30%$39.4827.05%
CAV1V.HECaverion Oyj2.30%$0.2033.17%
REJL-B.STRejlers AB (publ)2.30%$4.4146.32%
000739.SZApeloa Pharmaceutical Co.,Ltd2.29%$0.3749.76%
0103.HKShougang Century Holdings Limited2.29%$0.0736.62%
016880.KSWoongjin Co., Ltd.2.29%$51.874.40%
0N0B.LWallenius Wilhelmsen ASA2.29%$2.3188.32%
4090.SRTaiba Investments Co.2.29%$0.7550.33%
4322.SRRetal Urban Development Company2.29%$0.2747.98%
DITTO-R.BKDitto (Thailand) Public Company Limited2.29%$0.2531.94%
INDIAMART.BOIndiaMART InterMESH Limited2.29%$49.7955.81%
Q0F.SIIHH Healthcare Berhad2.29%$0.0624.43%
600531.SSHenan Yuguang Gold&Lead Co.,Ltd.2.28%$0.2736.36%
605258.SSJiangsu Xiehe Electronic Co.,Ltd.2.28%$0.7190.23%
9580.SRAl Rashid Industrial Co.2.28%$1.1217.64%
LEMON.HELemonsoft Oyj2.28%$0.1460.80%
NIL-B.STNilörngruppen AB2.28%$1.5028.94%
RAA.DERational AG2.28%$15.0066.90%
002612.SZLancy Co., Ltd.2.27%$0.4619.77%
0S9E.LExtendicare Inc.2.27%$0.4748.82%
1717.HKAusnutria Dairy Corporation Ltd2.27%$0.0525.74%
300898.SZPanda Dairy Corporation2.27%$0.6178.87%
6326.TKubota Corporation2.27%$50.2932.77%
ANN.AXAnsell Limited2.27%$0.8065.03%
KMP-UN.TOKillam Apartment REIT2.27%$0.378.57%
024900.KSDY DEOKYANG Co.,Ltd.2.26%$49.0019.20%
2204.TNakamuraya Co., Ltd.2.26%$69.4851.40%
688389.SSShenzhen Lifotronic Technology Co., Ltd.2.26%$0.2950.03%
ACNAccenture plc2.26%$5.8748.14%
002949.SZShenzhen Capol International & Associatesco., Ltd2.25%$0.3581.66%
082640.KSTong Yang Life Insurance Co., Ltd.2.25%$144.0813.49%
178920.KSPI Advanced Materials Co., Ltd.2.25%$350.0636.50%
4708.TRelia, Inc.2.25%$32.9349.64%
600335.SSSinomach Automobile Co., Ltd.2.25%$0.1548.99%
603087.SSGan & Lee Pharmaceuticals.2.25%$1.5397.20%
6703.TOki Electric Industry Co., Ltd.2.25%$44.7536.33%
9556.SRNofoth Food Products Company2.25%$0.2331.29%
9828.TGenki Global Dining Concepts Corp2.25%$70.0025.83%
L3H.FShell plc2.25%$1.4458.25%
LLYC.MCLlorente & Cuenca, S.A.2.25%$0.1622.13%
PECOS.BOPecos Hotels and Pubs Limited2.25%$6.5032.07%
PTSP.JKPT Pioneerindo Gourmet International Tbk2.25%$22.7326.81%
006890.KSTaekyung Chemical Co., Ltd.2.24%$179.5129.43%
600426.SSShandong Hualu-Hengsheng Chemical Co., Ltd.2.24%$0.7046.22%
601918.SSChina Coal Xinji Energy Co.,Ltd2.24%$0.1518.77%
7547.TWOIntumit Inc.2.24%$1.2840.76%
7984.TKokuyo Co., Ltd.2.24%$19.6244.02%