Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Guangdong Chant Group Inc. (002616.SZ)

Company Dividend Discount ModelIndustry: Consumer ElectronicsSector: Technology

Valuation Snapshot

Stable Growth$65.43 - $77.09$72.25
Multi-Stage$47.66 - $52.29$49.93
Blended Fair Value$61.09
Current Price$6.89
Upside786.63%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS22.81%44.82%0.470.330.360.510.460.170.330.060.100.25
YoY Growth--42.99%-7.07%-29.52%10.76%169.26%-48.02%436.34%-40.00%-58.75%2,005.79%
Dividend Yield--8.24%7.14%6.91%9.49%5.76%2.10%3.67%0.79%0.88%2.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)295.35
(-) Cash Dividends Paid (M)210.03
(=) Cash Retained (M)85.32
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)59.0736.9222.15
Cash Retained (M)85.3285.3285.32
(-) Cash Required (M)-59.07-36.92-22.15
(=) Excess Retained (M)26.2548.4063.17
(/) Shares Outstanding (M)761.89761.89761.89
(=) Excess Retained per Share0.030.060.08
LTM Dividend per Share0.280.280.28
(+) Excess Retained per Share0.030.060.08
(=) Adjusted Dividend0.310.340.36
WACC / Discount Rate1.04%1.04%1.04%
Growth Rate5.50%6.50%7.50%
Fair Value$65.43$72.25$77.09
Upside / Downside849.71%948.59%1,018.92%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)295.35314.54334.99356.76379.95404.65416.79
Payout Ratio71.11%74.89%78.67%82.45%86.22%90.00%92.50%
Projected Dividends (M)210.03235.56263.53294.13327.61364.18385.53

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.04%1.04%1.04%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)230.94233.13235.32
Year 2 PV (M)253.29258.12262.99
Year 3 PV (M)277.17285.12293.23
Year 4 PV (M)302.65314.29326.26
Year 5 PV (M)329.85345.78362.32
PV of Terminal Value (M)34,918.1536,604.7038,355.81
Equity Value (M)36,312.0538,041.1539,835.94
Shares Outstanding (M)761.89761.89761.89
Fair Value$47.66$49.93$52.29
Upside / Downside591.73%624.67%658.86%

High-Yield Dividend Screener

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