Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hung Ching Development & Construction Co., Ltd. (2527.TW)

Company Dividend Discount ModelIndustry: Real Estate - ServicesSector: Real Estate

Valuation Snapshot

Stable Growth$83.56 - $194.24$122.47
Multi-Stage$102.95 - $112.87$107.81
Blended Fair Value$115.14
Current Price$25.40
Upside353.31%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.56%6.49%1.501.003.011.401.801.200.800.801.101.50
YoY Growth--50.00%-66.67%114.29%-22.22%50.00%50.00%0.00%-27.27%-26.67%87.50%
Dividend Yield--4.58%2.29%13.55%4.68%8.49%6.84%3.46%2.75%5.13%8.29%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,079.07
(-) Cash Dividends Paid (M)523.52
(=) Cash Retained (M)555.56
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)215.81134.8880.93
Cash Retained (M)555.56555.56555.56
(-) Cash Required (M)-215.81-134.88-80.93
(=) Excess Retained (M)339.74420.67474.62
(/) Shares Outstanding (M)261.10261.10261.10
(=) Excess Retained per Share1.301.611.82
LTM Dividend per Share2.012.012.01
(+) Excess Retained per Share1.301.611.82
(=) Adjusted Dividend3.313.623.82
WACC / Discount Rate6.62%6.62%6.62%
Growth Rate2.56%3.56%4.56%
Fair Value$83.56$122.47$194.24
Upside / Downside228.99%382.16%664.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,079.071,117.531,157.361,198.601,241.321,285.561,324.13
Payout Ratio48.52%56.81%65.11%73.41%81.70%90.00%92.50%
Projected Dividends (M)523.52634.90753.55879.851,014.201,157.011,224.82

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.62%6.62%6.62%
Growth Rate2.56%3.56%4.56%
Year 1 PV (M)589.71595.46601.21
Year 2 PV (M)650.11662.85675.72
Year 3 PV (M)705.06725.89747.12
Year 4 PV (M)754.89784.76815.51
Year 5 PV (M)799.90839.66880.99
PV of Terminal Value (M)23,379.5924,541.7925,749.76
Equity Value (M)26,879.2728,150.4229,470.31
Shares Outstanding (M)261.10261.10261.10
Fair Value$102.95$107.81$112.87
Upside / Downside305.30%324.47%344.37%

High-Yield Dividend Screener

« Prev Page 78 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688625.SSGCH Technology Co., Ltd.1.73%$0.7135.67%
ATCO-A.STAtlas Copco AB1.73%$2.9051.19%
KAZT.MEPJSC KuibyshevAzot1.73%$7.209.57%
PROT.OLProtector Forsikring ASA1.73%$9.0232.47%
018260.KSSamsung SDS Co.,Ltd.1.72%$3,013.9430.15%
029460.KSKC Co., Ltd.1.72%$456.826.78%
3308.HKGolden Eagle Retail Group Limited1.72%$0.129.52%
403870.KQHPSP Co., Ltd.1.72%$593.5058.19%
688128.SSChina National Electric Apparatus Research Institute Co., Ltd.1.72%$0.5038.48%
9516.SRNatural Gas Distribution Company1.72%$0.5031.24%
AMRT.JKPT Sumber Alfaria Trijaya Tbk1.72%$34.1146.22%
CENTEL-R.BKCentral Plaza Hotel Public Company Limited1.72%$0.5947.25%
EMP-A.TOEmpire Company Limited1.72%$0.8327.46%
LSNG.MEPublic Joint stock company Rosseti Lenenergo1.72%$0.267.85%
MAD.AXMader Group Limited1.72%$0.1328.01%
RUSTA.STRusta AB (publ)1.72%$1.4547.44%
000655.SZShandong Jinling Mining Co., Ltd.1.71%$0.1635.18%
002166.SZGuilin Layn Natural Ingredients Corp.1.71%$0.1479.28%
009140.KSKyungin Electronics Co., Ltd1.71%$350.0224.51%
009290.KSKwang Dong Pharmaceutical Co., Ltd.1.71%$100.1413.46%
300196.SZJiangsu Changhai Composite Materials Co., Ltd1.71%$0.2530.44%
300973.SZLigao Foods Co.Ltd1.71%$0.7340.03%
4144.SRRaoom Trading Co.1.71%$1.1283.18%
601801.SSAnhui Xinhua Media Co., Ltd.1.71%$0.1125.98%
688358.SSChison Medical Technologies Co., Ltd.1.71%$0.5142.24%
CAMBI.OLCambi ASA1.71%$0.3030.04%
ICOS.MIIntercos S.p.A.1.71%$0.1937.87%
MZX.DEMasterflex SE1.71%$0.2428.96%
SKIS-B.STSkiStar AB (publ)1.71%$2.8039.71%
000990.KSDB HiTek Co. Ltd.1.70%$1,253.0620.53%
001207.SZShandong Link Science and Technology Co.,Ltd.1.70%$0.4327.93%
002593.SZXiamen Sunrise Group Co., Ltd.1.70%$0.1081.27%
300218.SZAnhui Anli Material Technology Co., Ltd.1.70%$0.2835.78%
300509.SZJiangsu Newamstar Packaging Machinery Co.,Ltd1.70%$0.2266.41%
300999.SZYihai Kerry Arawana Holdings Co., Ltd1.70%$0.4969.28%
301665.SZCAC Nantong Chemical Co Ltd1.70%$0.4846.18%
600004.SSGuangzhou Baiyun International Airport Co., Ltd.1.70%$0.1628.12%
600279.SSChongqing Port Co.,Ltd.1.70%$0.0921.95%
601512.SSChina-Singapore Suzhou Industrial Park Development Group Co., Ltd.1.70%$0.1528.77%
603612.SSSunstone Development Co., Ltd.1.70%$0.4027.82%
000905.SZXiamen Port Development Co., Ltd.1.69%$0.2279.86%
000949.SZXinxiang Chemical Fiber Co., Ltd.1.69%$0.0986.02%
600814.SSHangzhou Jiebai Group Co., Limited1.69%$0.1451.31%
688772.SSZhuhai CosMX Battery Co., Ltd.1.69%$0.3674.20%
7631.TWOGenii Ideas Co., Ltd.1.69%$2.1647.81%
BFT.WABenefit Systems S.A.1.69%$60.5337.69%
CJT.TOCargojet Inc.1.69%$1.4517.55%
002243.SZShenzhen Leaguer Co., Ltd.1.68%$0.1788.79%
161890.KSKolmar Korea Co., Ltd.1.68%$1,095.5022.79%
300041.SZHubei Huitian New Materials Co., Ltd.1.68%$0.1968.24%