Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

JiaoZuo WanFang Aluminum Manufacturing Co., Ltd (000612.SZ)

Company Dividend Discount ModelIndustry: AluminumSector: Basic Materials

Valuation Snapshot

Stable Growth$32.09 - $159.48$67.39
Multi-Stage$22.75 - $24.95$23.83
Blended Fair Value$45.61
Current Price$8.64
Upside427.90%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.18%2.23%0.160.120.140.090.060.070.150.080.360.12
YoY Growth--39.35%-15.89%45.06%52.63%-14.84%-50.34%89.31%-78.51%192.41%-4.48%
Dividend Yield--2.12%1.88%2.51%1.51%0.75%1.99%2.72%1.05%3.77%2.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)966.64
(-) Cash Dividends Paid (M)168.18
(=) Cash Retained (M)798.45
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)193.33120.8372.50
Cash Retained (M)798.45798.45798.45
(-) Cash Required (M)-193.33-120.83-72.50
(=) Excess Retained (M)605.12677.62725.95
(/) Shares Outstanding (M)1,192.071,192.071,192.07
(=) Excess Retained per Share0.510.570.61
LTM Dividend per Share0.140.140.14
(+) Excess Retained per Share0.510.570.61
(=) Adjusted Dividend0.650.710.75
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate4.31%5.31%6.31%
Fair Value$32.09$67.39$159.48
Upside / Downside271.40%679.99%1,745.83%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)966.641,017.961,072.011,128.941,188.881,252.011,289.57
Payout Ratio17.40%31.92%46.44%60.96%75.48%90.00%92.50%
Projected Dividends (M)168.18324.92497.84688.19897.361,126.811,192.85

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate4.31%5.31%6.31%
Year 1 PV (M)302.43305.33308.23
Year 2 PV (M)431.29439.59447.98
Year 3 PV (M)554.92571.03587.45
Year 4 PV (M)673.48699.68726.64
Year 5 PV (M)787.13825.59865.54
PV of Terminal Value (M)24,374.8625,565.8726,802.98
Equity Value (M)27,124.1028,407.0929,738.82
Shares Outstanding (M)1,192.071,192.071,192.07
Fair Value$22.75$23.83$24.95
Upside / Downside163.35%175.81%188.74%

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%