Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Ticker

Industry

Sector

Activation Group Holdings Limited (9919.HK)

Company Dividend Discount ModelIndustry: Advertising AgenciesSector: Communication Services

Valuation Snapshot

Stable Growth$5.51 - $14.31$8.37
Multi-Stage$6.03 - $6.60$6.31
Blended Fair Value$7.34
Current Price$0.76
Upside869.13%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS15.94%0.00%0.110.110.120.070.000.050.070.000.010.00
YoY Growth--4.04%-9.98%82.01%0.00%-100.00%-24.94%20,865.89%-96.40%0.00%0.00%
Dividend Yield--14.04%11.37%14.30%5.70%0.00%3.91%5.29%0.03%0.69%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)181.18
(-) Cash Dividends Paid (M)85.04
(=) Cash Retained (M)96.14
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)36.2422.6513.59
Cash Retained (M)96.1496.1496.14
(-) Cash Required (M)-36.24-22.65-13.59
(=) Excess Retained (M)59.9073.4982.55
(/) Shares Outstanding (M)741.51741.51741.51
(=) Excess Retained per Share0.080.100.11
LTM Dividend per Share0.110.110.11
(+) Excess Retained per Share0.080.100.11
(=) Adjusted Dividend0.200.210.23
WACC / Discount Rate6.74%6.74%6.74%
Growth Rate3.08%4.08%5.08%
Fair Value$5.51$8.37$14.31
Upside / Downside627.12%1,004.90%1,789.68%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)181.18188.57196.26204.26212.59221.26227.90
Payout Ratio46.94%55.55%64.16%72.78%81.39%90.00%92.50%
Projected Dividends (M)85.04104.75125.93148.65173.02199.14210.81

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.74%6.74%6.74%
Growth Rate3.08%4.08%5.08%
Year 1 PV (M)97.2098.1499.08
Year 2 PV (M)108.42110.53112.66
Year 3 PV (M)118.75122.24125.80
Year 4 PV (M)128.25133.30138.50
Year 5 PV (M)136.96143.73150.77
PV of Terminal Value (M)3,878.844,070.674,270.03
Equity Value (M)4,468.414,678.614,896.84
Shares Outstanding (M)741.51741.51741.51
Fair Value$6.03$6.31$6.60
Upside / Downside695.91%733.35%772.22%

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%