Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

GRIPM Advanced Materials Co., Ltd. (688456.SS)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$114.45 - $134.92$126.40
Multi-Stage$202.50 - $222.95$212.53
Blended Fair Value$169.47
Current Price$50.51
Upside235.51%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS50.58%0.00%0.280.210.250.150.220.040.200.210.000.00
YoY Growth--36.69%-16.67%60.00%-29.64%503.66%-82.08%-1.92%0.00%0.00%0.00%
Dividend Yield--0.78%0.77%0.79%0.61%0.74%0.09%0.49%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)70.68
(-) Cash Dividends Paid (M)27.56
(=) Cash Retained (M)43.13
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)14.148.845.30
Cash Retained (M)43.1343.1343.13
(-) Cash Required (M)-14.14-8.84-5.30
(=) Excess Retained (M)28.9934.2937.82
(/) Shares Outstanding (M)101.04101.04101.04
(=) Excess Retained per Share0.290.340.37
LTM Dividend per Share0.270.270.27
(+) Excess Retained per Share0.290.340.37
(=) Adjusted Dividend0.560.610.65
WACC / Discount Rate-17.70%-17.70%-17.70%
Growth Rate2.25%3.25%4.25%
Fair Value$114.45$126.40$134.92
Upside / Downside126.58%150.25%167.11%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)70.6872.9875.3677.8180.3482.9585.44
Payout Ratio38.99%49.19%59.39%69.59%79.80%90.00%92.50%
Projected Dividends (M)27.5635.9044.7654.1564.1174.6679.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-17.70%-17.70%-17.70%
Growth Rate2.25%3.25%4.25%
Year 1 PV (M)43.2043.6244.04
Year 2 PV (M)64.8066.0867.36
Year 3 PV (M)94.3497.1499.99
Year 4 PV (M)134.40139.73145.22
Year 5 PV (M)188.33197.72207.48
PV of Terminal Value (M)19,936.3820,930.4921,963.87
Equity Value (M)20,461.4421,474.7722,527.96
Shares Outstanding (M)101.04101.04101.04
Fair Value$202.50$212.53$222.95
Upside / Downside300.91%320.77%341.40%

High-Yield Dividend Screener

« Prev Page 7 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PLYMPlymouth Industrial REIT, Inc.4.80%$1.0549.94%
SAFTSafety Insurance Group, Inc.4.80%$3.6361.47%
CETCentral Securities Corp.4.79%$2.4313.87%
GBLIGlobal Indemnity Group, LLC4.79%$1.3870.11%
JANIXJanus Henderson Triton Fund Class D4.79%$1.2767.95%
MITNAG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 20294.77%$1.2175.90%
PRUPrudential Financial, Inc.4.77%$5.4373.37%
IFAFXThe Income Fund of America, Class F-1 Shares4.76%$1.2433.91%
AMECXAmerican Funds The Income Fund of America Class A4.74%$1.2433.91%
UMPQUmpqua Holdings Corporation4.74%$0.8454.13%
NFBKNorthfield Bancorp, Inc.4.73%$0.5454.01%
SBSISouthside Bancshares, Inc.4.72%$1.4462.24%
TNLTravel + Leisure Co.4.72%$3.4054.99%
AIRCApartment Income REIT Corp.4.68%$1.8341.27%
SONSonoco Products Company4.68%$2.0832.95%
OFLXOmega Flex, Inc.4.67%$1.3685.30%
FTAIOFTAI Aviation Ltd.4.65%$1.1825.22%
WDWalker & Dunlop, Inc.4.65%$2.7379.29%
0J2Z.LHA Sustainable Infrastructure Capital, Inc.4.63%$1.4766.70%
FLMNFalcon Minerals Corporation4.63%$0.3681.83%
GSRMGSR II Meteora Acquisition Corp.4.62%$0.1532.94%
FBFWXAmerican Funds Retirement Income Portfolio - Moderate Class F-14.61%$0.6379.77%
GPSThe Gap, Inc.4.61%$0.9341.48%
QUADQuad/Graphics, Inc.4.61%$0.2764.56%
BMYBristol-Myers Squibb Company4.59%$2.4582.81%
WTBAWest Bancorporation, Inc.4.56%$0.9952.39%
SCPLSciPlay Corporation4.55%$1.0417.40%
OLPOne Liberty Properties, Inc.4.53%$0.9257.61%
RWAYLRunway Growth Finance Corp. - 74.53%$1.1475.51%
INSWInternational Seaways, Inc.4.52%$2.1248.43%
RWAYZRunway Growth Finance Corp. 8.00% Notes due 20274.52%$1.1475.51%
DDominion Energy, Inc.4.48%$2.6597.13%
TGTTarget Corporation4.48%$4.5054.48%
COLBColumbia Banking System, Inc.4.47%$1.2662.95%
DFPAXBNY Mellon Diversified International Fund Class A4.46%$0.4556.12%
KEYKeyCorp4.46%$0.9495.81%
RPTIXT. Rowe Price Mid-Cap Growth Fund4.46%$4.3859.54%
CGBDCarlyle Secured Lending, Inc.4.45%$0.5655.08%
NEWTPNewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B4.44%$1.0244.14%
PFCPremier Financial Corp.4.43%$1.2468.07%
BFCBank First Corporation4.40%$5.3073.82%
DUKDuke Energy Corporation4.40%$5.1780.55%
0L77.LSkyworks Solutions, Inc.4.37%$2.7990.67%
ESCAEscalade, Incorporated4.35%$0.6065.28%
DINOHF Sinclair Corporation4.34%$2.0396.43%
LBAILakeland Bancorp, Inc.4.34%$0.5844.96%
CVXChevron Corporation4.32%$6.7495.36%
CVBFCVB Financial Corp.4.31%$0.8154.32%
HTBKHeritage Commerce Corp4.30%$0.5273.66%
EQREquity Residential4.28%$2.6689.76%