Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

AVIC Shenyang Aircraft Company Limited (600760.SS)

Company Dividend Discount ModelIndustry: Aerospace & DefenseSector: Industrials

Valuation Snapshot

Stable Growth$19.58 - $40.92$27.65
Multi-Stage$14.76 - $16.10$15.42
Blended Fair Value$21.53
Current Price$71.83
Upside-70.02%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS115.85%33.09%0.400.290.250.160.080.010.010.030.020.02
YoY Growth--39.94%13.97%52.25%116.01%793.23%19.53%-72.18%3.88%10.28%-2.32%
Dividend Yield--0.94%0.78%0.65%0.41%0.23%0.06%0.04%0.15%0.14%0.36%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,937.74
(-) Cash Dividends Paid (M)1,103.08
(=) Cash Retained (M)1,834.66
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)587.55367.22220.33
Cash Retained (M)1,834.661,834.661,834.66
(-) Cash Required (M)-587.55-367.22-220.33
(=) Excess Retained (M)1,247.111,467.441,614.33
(/) Shares Outstanding (M)2,761.992,761.992,761.99
(=) Excess Retained per Share0.450.530.58
LTM Dividend per Share0.400.400.40
(+) Excess Retained per Share0.450.530.58
(=) Adjusted Dividend0.850.930.98
WACC / Discount Rate10.08%10.08%10.08%
Growth Rate5.50%6.50%7.50%
Fair Value$19.58$27.65$40.92
Upside / Downside-72.74%-61.51%-43.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,937.743,128.693,332.053,548.643,779.304,024.954,145.70
Payout Ratio37.55%48.04%58.53%69.02%79.51%90.00%92.50%
Projected Dividends (M)1,103.081,502.991,950.222,449.253,004.913,622.463,834.78

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.08%10.08%10.08%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,352.481,365.301,378.12
Year 2 PV (M)1,579.191,609.271,639.64
Year 3 PV (M)1,784.681,835.911,888.11
Year 4 PV (M)1,970.312,046.082,124.02
Year 5 PV (M)2,137.382,240.622,347.81
PV of Terminal Value (M)31,937.1133,479.6835,081.30
Equity Value (M)40,761.1642,576.8744,458.99
Shares Outstanding (M)2,761.992,761.992,761.99
Fair Value$14.76$15.42$16.10
Upside / Downside-79.45%-78.54%-77.59%

High-Yield Dividend Screener

« Prev Page 8 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
035810.KQEASY HOLDINGS Co., Ltd.9.64%$435.2887.39%
0623.HKSinoMedia Holding Limited9.64%$0.1944.98%
ITSA3.SAItaúsa S.A.9.64%$1.1780.68%
MFG.AXMagellan Financial Group Limited9.64%$0.9634.94%
PMTA.BKPM Thoresen Asia Holdings Public Company Limited9.64%$0.9860.98%
2989.TTokaido REIT, Inc.9.63%$11,143.4889.54%
SBMO.ASSBM Offshore N.V.9.63%$2.3853.44%
0576.HKZhejiang Expressway Co., Ltd.9.62%$0.6974.90%
INVEST.HEInvestors House Oyj9.62%$0.3663.41%
MFEC.BKMFEC Public Company Limited9.62%$0.5094.79%
PIKK.MEPJSC PIK-specialized homebuilder9.61%$45.9431.14%
6868.HKTenfu (Cayman) Holdings Company Limited9.60%$0.2693.07%
601077.SSChongqing Rural Commercial Bank Co., Ltd.9.58%$0.6286.18%
SIQ.AXSmartgroup Corporation Ltd9.58%$0.8777.09%
5012.KLTa Ann Holdings Berhad9.57%$0.4093.61%
PAC.AXPacific Current Group Limited9.57%$0.9623.44%
MTO.AXMotorCycle Holdings Limited9.56%$0.3068.86%
HME.VHemisphere Energy Corporation9.55%$0.1957.92%
0382.HKEdvantage Group Holdings Limited9.54%$0.1412.43%
0OQQ.LInfotel S.A.9.54%$4.0386.81%
VIE.PAVeolia Environnement S.A.9.53%$2.8797.23%
0QJX.LEFG International AG9.52%$1.8196.44%
601998.SSChina CITIC Bank Corporation Limited9.51%$0.7368.88%
0752.HKPico Far East Holdings Limited9.50%$0.2545.55%
MRN.PAMersen S.A.9.50%$2.3045.40%
MTS.AXMetcash Limited9.50%$0.3164.02%
SYNE3.SASYN prop e tech S.A.9.50%$0.4659.20%
TEXF.BRTexaf S.A.9.50%$3.4063.35%
601997.SSBank of Guiyang Co.,Ltd.9.49%$0.5639.86%
WMA.AXWam Alternative Assets Limited9.49%$0.109.12%
0135.HKKunlun Energy Company Limited9.48%$0.7052.47%
SC-R.BKSC Asset Corporation Public Company Limited9.47%$0.1648.63%
0DLI.LAcomo N.V.9.45%$2.4067.74%
AFYAAfya Limited9.45%$1.4117.69%
BBRI.JKPT Bank Rakyat Indonesia (Persero) Tbk9.44%$343.6092.61%
TEKA.BKTeka Construction Public Company Limited9.44%$0.1696.55%
8964.TFrontier Real Estate Investment Corporation9.39%$8,736.6196.39%
ALLA.BKAlla Public Company Limited9.39%$0.1177.39%
4333.SRTaleem REIT Fund9.38%$0.9670.19%
SHL.AXSonic Healthcare Limited9.38%$2.1198.90%
TQM-R.BKTQM Alpha Public Company Limited9.37%$1.0882.74%
0882.HKTianjin Development Holdings Limited9.36%$0.2321.27%
0O84.LDNB Bank ASA9.36%$17.5255.97%
4339.SRDerayah Financial - Derayah Reit Fund9.36%$0.4982.63%
601390.SSChina Railway Group Limited9.35%$0.5150.32%
CPACopa Holdings, S.A.9.35%$11.3970.44%
BRSR3.SABanco do Estado do Rio Grande do Sul S.A.9.34%$1.5649.87%
RET.BRRetail Estates N.V.9.34%$5.9746.68%
0265.HKGangyu Smart Urban Services Holdings Limited9.33%$0.1868.15%
KGKC.MEPJSC Kurgan Generation Company9.33%$4.0370.77%