Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Emdoor Information CO.,LTD. (001314.SZ)

Company Dividend Discount ModelIndustry: Consumer ElectronicsSector: Technology

Valuation Snapshot

Stable Growth$3.28 - $10.02$5.23
Multi-Stage$11.52 - $12.73$12.11
Blended Fair Value$8.67
Current Price$50.94
Upside-82.98%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201620152014
DPS8.42%0.00%0.320.510.040.350.210.220.080.000.000.00
YoY Growth---37.14%1,078.61%-87.53%64.78%-1.57%169.63%0.00%0.00%0.00%0.00%
Dividend Yield--0.67%1.08%0.10%0.69%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)20.06
(-) Cash Dividends Paid (M)12.73
(=) Cash Retained (M)7.33
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4.012.511.50
Cash Retained (M)7.337.337.33
(-) Cash Required (M)-4.01-2.51-1.50
(=) Excess Retained (M)3.324.825.82
(/) Shares Outstanding (M)147.09147.09147.09
(=) Excess Retained per Share0.020.030.04
LTM Dividend per Share0.090.090.09
(+) Excess Retained per Share0.020.030.04
(=) Adjusted Dividend0.110.120.13
WACC / Discount Rate1.26%1.26%1.26%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3.28$5.23$10.02
Upside / Downside-93.56%-89.73%-80.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)20.0619.8619.6619.4619.2719.0819.65
Payout Ratio63.47%68.77%74.08%79.39%84.69%90.00%92.50%
Projected Dividends (M)12.7313.6614.5715.4516.3217.1718.18

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.26%1.26%1.26%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)13.3513.4913.62
Year 2 PV (M)13.9214.2114.49
Year 3 PV (M)14.4414.8815.34
Year 4 PV (M)14.9115.5216.16
Year 5 PV (M)15.3316.1316.96
PV of Terminal Value (M)1,622.851,707.361,795.35
Equity Value (M)1,694.801,781.591,871.93
Shares Outstanding (M)147.09147.09147.09
Fair Value$11.52$12.11$12.73
Upside / Downside-77.38%-76.22%-75.02%

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