Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Cubic Sensor and Instrument Co., Ltd (688665.SS)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$267.64 - $315.33$295.51
Multi-Stage$214.06 - $234.95$224.31
Blended Fair Value$259.91
Current Price$63.26
Upside310.86%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS58.50%0.00%0.630.650.890.310.210.060.070.170.000.00
YoY Growth---2.69%-27.36%186.67%49.76%229.70%-8.85%-59.46%0.00%0.00%0.00%
Dividend Yield--1.70%1.61%1.38%0.33%0.49%0.14%0.15%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)158.43
(-) Cash Dividends Paid (M)37.99
(=) Cash Retained (M)120.44
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)31.6919.8011.88
Cash Retained (M)120.44120.44120.44
(-) Cash Required (M)-31.69-19.80-11.88
(=) Excess Retained (M)88.76100.64108.56
(/) Shares Outstanding (M)99.9299.9299.92
(=) Excess Retained per Share0.891.011.09
LTM Dividend per Share0.380.380.38
(+) Excess Retained per Share0.891.011.09
(=) Adjusted Dividend1.271.391.47
WACC / Discount Rate-1.02%-1.02%-1.02%
Growth Rate5.50%6.50%7.50%
Fair Value$267.64$295.51$315.33
Upside / Downside323.08%367.13%398.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)158.43168.73179.69191.37203.81217.06223.57
Payout Ratio23.98%37.18%50.39%63.59%76.80%90.00%92.50%
Projected Dividends (M)37.9962.7390.54121.70156.52195.36206.81

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-1.02%-1.02%-1.02%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)62.7863.3863.97
Year 2 PV (M)90.6892.4194.15
Year 3 PV (M)121.98125.48129.05
Year 4 PV (M)157.00163.04169.25
Year 5 PV (M)196.11205.58215.42
PV of Terminal Value (M)20,760.6721,763.4222,804.54
Equity Value (M)21,389.2322,413.3123,476.39
Shares Outstanding (M)99.9299.9299.92
Fair Value$214.06$224.31$234.95
Upside / Downside238.38%254.59%271.40%

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%