Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Dawnrays Pharmaceutical (Holdings) Limited (2348.HK)

Company Dividend Discount ModelIndustry: Drug Manufacturers - Specialty & GenericSector: Healthcare

Valuation Snapshot

Stable Growth$6.25 - $10.78$8.20
Multi-Stage$11.12 - $12.23$11.66
Blended Fair Value$9.93
Current Price$1.13
Upside778.93%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.57%6.47%0.070.080.070.100.050.070.130.060.070.05
YoY Growth---5.02%17.62%-30.83%76.34%-20.67%-49.33%122.17%-9.86%35.69%25.76%
Dividend Yield--6.43%8.10%5.66%7.04%4.60%5.34%10.46%3.43%3.23%1.97%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)739.57
(-) Cash Dividends Paid (M)244.47
(=) Cash Retained (M)495.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)147.9192.4555.47
Cash Retained (M)495.10495.10495.10
(-) Cash Required (M)-147.91-92.45-55.47
(=) Excess Retained (M)347.19402.66439.64
(/) Shares Outstanding (M)1,504.141,504.141,504.14
(=) Excess Retained per Share0.230.270.29
LTM Dividend per Share0.160.160.16
(+) Excess Retained per Share0.230.270.29
(=) Adjusted Dividend0.390.430.45
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate0.22%1.22%2.22%
Fair Value$6.25$8.20$10.78
Upside / Downside452.75%625.56%854.26%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)739.57748.60757.75767.00776.37785.85809.42
Payout Ratio33.06%44.44%55.83%67.22%78.61%90.00%92.50%
Projected Dividends (M)244.47332.71423.07515.59610.31707.26748.72

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate0.22%1.22%2.22%
Year 1 PV (M)309.22312.31315.39
Year 2 PV (M)365.45372.78380.18
Year 3 PV (M)413.92426.44439.20
Year 4 PV (M)455.38473.82492.83
Year 5 PV (M)490.46515.42541.39
PV of Terminal Value (M)14,696.9315,444.9316,223.08
Equity Value (M)16,731.3617,545.7018,392.08
Shares Outstanding (M)1,504.141,504.141,504.14
Fair Value$11.12$11.66$12.23
Upside / Downside884.39%932.30%982.09%

High-Yield Dividend Screener

« Prev Page 73 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0FNZ.LPonsse Oyj1.93%$0.5025.56%
5278.TWOSunfun Info Co., Ltd.1.93%$0.6163.56%
7080.TSportsfield Co., Ltd.1.93%$15.8818.18%
CROS.PACrosswood S.A.1.93%$0.2160.81%
SALFACORP.SNSalfaCorp S.A.1.93%$23.4829.64%
004770.KSSunny Electronics Corp.1.92%$30.3025.98%
0083.HKSino Land Company Limited1.92%$0.2021.48%
114090.KSGrand Korea Leisure Co., Ltd.1.92%$281.6139.11%
200880.KSSeoyon E-Hwa Co., Ltd.1.92%$250.046.17%
2874.TYokorei Co.,Ltd.1.92%$24.2572.26%
600642.SSShenergy Company Limited1.92%$0.1518.42%
600995.SSChina Southern Power Grid Energy Storage Co., Ltd.1.92%$0.2450.98%
603158.SSChangzhou Tenglong AutoPartsCo.,Ltd.1.92%$0.2063.30%
603214.SSShanghai Aiyingshi Co.,Ltd1.92%$0.3341.13%
603298.SSHangcha Group Co., Ltd1.92%$0.5130.38%
603725.SSGuangdong Tianan New Material Co., Ltd.1.92%$0.1845.17%
605162.SSZhejiang Xinzhonggang Thermal Power Co., Ltd.1.92%$0.1650.25%
AAK.STAAK AB (publ.)1.92%$4.9838.08%
NYF.STNyfosa AB (publ)1.92%$1.4048.74%
PAS.WAPassus S.A.1.92%$2.2617.62%
300303.SZShenzhen Jufei Optoelectronics Co., Ltd.1.91%$0.1357.25%
301552.SZHebei Keli Automobile Equipment Co., Ltd.1.91%$0.7143.10%
4303.TWOHsinLi Chemical Industrial Corp.1.91%$1.167.73%
600717.SSTianjin Port Co., Ltd.1.91%$0.0928.13%
603269.SSJiangsu Seagull Cooling Tower Co.,Ltd.1.91%$0.2570.74%
603733.SSXianhe Co.,Ltd.1.91%$0.4636.40%
KRN.DEKrones AG1.91%$2.6028.35%
NKNC.MEPJSC Nizhnekamskneftekhim1.91%$1.496.74%
TFFIF.BKThailand Future Fund1.91%$0.125.95%
002970.SZStreamax Technology Co., Ltd.1.90%$0.9247.47%
088350.KSHanwha Life Insurance Co., Ltd.1.90%$61.916.15%
2547.TWRadium Life Tech. Co., Ltd.1.90%$0.208.24%
300760.SZShenzhen Mindray Bio-Medical Electronics Co., Ltd.1.90%$3.6251.04%
600323.SSGrandblue Environment Co., Ltd.1.90%$0.5423.47%
603806.SSHangzhou First Applied Material Co., Ltd.1.90%$0.2793.87%
ANE.MCCorporación Acciona Energías Renovables, S.A.1.90%$0.4419.14%
ARML3.SAArmac Locação, Logística e Serviços S.A.1.90%$0.0955.38%
CRSN.JKPT Carsurin Tbk1.90%$2.3524.82%
CSAB3.SACompanhia de Seguros Alianca da Bahia1.90%$0.5829.45%
GFNORTEO.MXGrupo Financiero Banorte, S.A.B. de C.V.1.90%$3.2617.54%
GULF-R.BKGulf Energy Development Public Company Limited1.90%$0.7914.96%
RDOR3.SARede D'Or São Luiz S.A.1.90%$0.7738.15%
300119.SZTianjin Ringpu Bio-Technology Co.,Ltd.1.89%$0.3538.42%
3305.TWShenmao Technology Inc1.89%$2.0572.44%
4150.SRArriyadh Development Co.1.89%$0.4342.09%
4203.TSumitomo Bakelite Company Limited1.89%$97.8443.46%
5053.KLOSK Holdings Berhad1.89%$0.0311.22%
6376.TNikkiso Co., Ltd.1.89%$29.9428.66%
ADMCM.HEAdmicom Oyj1.89%$0.8141.55%
MMK.VIMayr-Melnhof Karton AG1.89%$1.8015.04%