Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tibet GaoZheng Explosive Co., Ltd. (002827.SZ)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$99.91 - $117.71$110.31
Multi-Stage$25.16 - $27.57$26.34
Blended Fair Value$68.33
Current Price$38.57
Upside77.15%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-3.28%-2.78%0.230.270.180.190.170.280.270.200.160.17
YoY Growth---14.03%47.76%-1.62%9.49%-38.14%3.75%33.33%28.14%-5.55%-46.77%
Dividend Yield--0.96%1.71%1.80%1.78%1.48%3.12%2.27%1.71%0.74%2.09%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)163.34
(-) Cash Dividends Paid (M)61.38
(=) Cash Retained (M)101.96
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)32.6720.4212.25
Cash Retained (M)101.96101.96101.96
(-) Cash Required (M)-32.67-20.42-12.25
(=) Excess Retained (M)69.3081.5589.71
(/) Shares Outstanding (M)275.96275.96275.96
(=) Excess Retained per Share0.250.300.33
LTM Dividend per Share0.220.220.22
(+) Excess Retained per Share0.250.300.33
(=) Adjusted Dividend0.470.520.55
WACC / Discount Rate5.45%5.45%5.45%
Growth Rate5.50%6.50%7.50%
Fair Value$99.91$110.31$117.71
Upside / Downside159.04%186.01%205.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)163.34173.96185.26197.31210.13223.79230.50
Payout Ratio37.58%48.06%58.55%69.03%79.52%90.00%92.50%
Projected Dividends (M)61.3883.60108.46136.20167.09201.41213.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.45%5.45%5.45%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)78.5479.2980.03
Year 2 PV (M)95.7397.5599.39
Year 3 PV (M)112.93116.17119.47
Year 4 PV (M)130.15135.15140.30
Year 5 PV (M)147.38154.50161.89
PV of Terminal Value (M)6,378.476,686.557,006.43
Equity Value (M)6,943.197,269.217,607.51
Shares Outstanding (M)275.96275.96275.96
Fair Value$25.16$26.34$27.57
Upside / Downside-34.77%-31.71%-28.53%

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%