Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Fujian Nanping Sun Cable Co., Ltd. (002300.SZ)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$18.35 - $21.64$20.27
Multi-Stage$10.87 - $11.96$11.40
Blended Fair Value$15.84
Current Price$6.17
Upside156.69%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.74%3.83%0.240.090.130.200.190.190.140.160.130.18
YoY Growth--167.40%-28.57%-36.08%3.90%-0.61%42.57%-14.17%25.83%-28.57%5.00%
Dividend Yield--3.83%1.39%1.65%2.96%3.54%3.58%1.86%2.56%1.04%2.75%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)80.65
(-) Cash Dividends Paid (M)38.28
(=) Cash Retained (M)42.37
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)16.1310.086.05
Cash Retained (M)42.3742.3742.37
(-) Cash Required (M)-16.13-10.08-6.05
(=) Excess Retained (M)26.2432.2836.32
(/) Shares Outstanding (M)722.30722.30722.30
(=) Excess Retained per Share0.040.040.05
LTM Dividend per Share0.050.050.05
(+) Excess Retained per Share0.040.040.05
(=) Adjusted Dividend0.090.100.10
WACC / Discount Rate3.07%3.07%3.07%
Growth Rate2.74%3.74%4.74%
Fair Value$18.35$20.27$21.64
Upside / Downside197.49%228.54%250.66%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)80.6583.6786.8090.0593.4296.9299.82
Payout Ratio47.47%55.98%64.48%72.99%81.49%90.00%92.50%
Projected Dividends (M)38.2846.8355.9765.7276.1387.2392.34

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate3.07%3.07%3.07%
Growth Rate2.74%3.74%4.74%
Year 1 PV (M)45.0045.4445.87
Year 2 PV (M)51.6752.6853.70
Year 3 PV (M)58.3060.0261.77
Year 4 PV (M)64.8967.4570.09
Year 5 PV (M)71.4374.9878.66
PV of Terminal Value (M)7,561.817,937.038,327.01
Equity Value (M)7,853.108,237.608,637.11
Shares Outstanding (M)722.30722.30722.30
Fair Value$10.87$11.40$11.96
Upside / Downside76.21%84.84%93.80%

High-Yield Dividend Screener

« Prev Page 8 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ACICAmerican Coastal Insurance Corporation4.24%$0.4828.28%
NCDLNuveen Churchill Direct Lending Corp.4.24%$0.5730.88%
ESEversource Energy4.23%$2.8879.84%
ISBCInvestors Bancorp, Inc.4.21%$0.5844.24%
KMIKinder Morgan, Inc.4.21%$1.1795.05%
PWODPenns Woods Bancorp, Inc.4.17%$1.2545.44%
DDSDillard's, Inc.4.16%$26.5071.17%
RLIRLI Corp.4.16%$2.6067.96%
TFCTruist Financial Corporation4.16%$2.0753.19%
RMBIRichmond Mutual Bancorporation, Inc.4.15%$0.5854.33%
PRPermian Resources Corporation4.14%$0.6052.90%
RILYTB. Riley Financial, Inc. 6.00% Senior Notes Due 20284.13%$0.5856.91%
DGICADonegal Group Inc.4.12%$0.8028.85%
AUBNAuburn National Bancorporation, Inc.4.11%$1.0876.62%
FHBFirst Hawaiian, Inc.4.11%$1.0650.97%
PORPortland General Electric Company4.09%$1.9872.28%
NEWTLNewtek Business Services Corp.4.08%$1.0244.14%
NEWTGNewtekOne, Inc. 8.50% Fixed Rate Senior Notes due 20294.06%$1.0244.14%
NEWTZNewtek Business Services Corp. 5.50% Notes Due 20264.05%$1.0244.14%
LKQLKQ Corporation4.04%$1.2144.76%
NWENorthwestern Energy Group Inc4.04%$2.6274.07%
PXDPioneer Natural Resources Company4.00%$10.8054.25%
HAFCHanmi Financial Corporation3.99%$1.0744.22%
KSSKohl's Corporation3.99%$0.8550.52%
APAAPA Corporation3.98%$1.0124.12%
NWNNorthwest Natural Holding Company3.98%$1.8676.25%
HFWAHeritage Financial Corporation3.97%$0.9456.54%
WSBCWesBanco, Inc.3.97%$1.3265.39%
FULTFulton Financial Corporation3.96%$0.7739.22%
REYNReynolds Consumer Products Inc.3.96%$0.9163.16%
MSMMSC Industrial Direct Co., Inc.3.95%$3.3995.14%
RF-PFRegions Financial Corporation3.95%$1.0141.98%
NEWTINewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 20283.94%$0.9942.24%
BOHBank of Hawaii Corporation3.93%$2.6958.42%
DCOMDime Community Bancshares, Inc.3.93%$1.1786.59%
OGEOGE Energy Corp.3.93%$1.6967.72%
ASIEXMultisector Income Fund - Investor Class3.92%$0.3596.64%
ESSEssex Property Trust, Inc.3.90%$10.0376.31%
WABCWestamerica Bancorporation3.90%$1.8639.32%
NJRNew Jersey Resources Corporation3.88%$1.7853.65%
XHRXenia Hotels & Resorts, Inc.3.88%$0.5693.99%
ARTNAArtesian Resources Corporation3.87%$1.2255.68%
FFBCFirst Financial Bancorp.3.87%$0.9738.17%
PNWPinnacle West Capital Corporation3.87%$3.4169.92%
UEUrban Edge Properties3.87%$0.7482.23%
NECBNortheast Community Bancorp, Inc.3.86%$0.8827.20%
SCSCXTouchstone Large Cap Focused Fund Class C3.86%$2.8037.43%
BBWIBath & Body Works, Inc.3.85%$0.8024.18%
BHBBar Harbor Bankshares3.85%$1.2054.11%
UGIUGI Corporation3.85%$1.4547.35%