Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Mianyang Fulin Precision Co.,Ltd. (300432.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$47.36 - $55.80$52.30
Multi-Stage$38.14 - $41.86$39.97
Blended Fair Value$46.13
Current Price$22.22
Upside107.61%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS34.99%14.57%0.020.180.020.000.000.000.070.110.050.02
YoY Growth---88.25%643.31%1,127.67%0.00%-100.00%-93.45%-32.91%102.60%120.00%344.28%
Dividend Yield--0.15%3.27%0.25%0.02%0.00%0.20%3.69%2.43%0.74%0.33%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)411.16
(-) Cash Dividends Paid (M)156.48
(=) Cash Retained (M)254.68
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)82.2351.4030.84
Cash Retained (M)254.68254.68254.68
(-) Cash Required (M)-82.23-51.40-30.84
(=) Excess Retained (M)172.45203.29223.84
(/) Shares Outstanding (M)1,465.341,465.341,465.34
(=) Excess Retained per Share0.120.140.15
LTM Dividend per Share0.110.110.11
(+) Excess Retained per Share0.120.140.15
(=) Adjusted Dividend0.220.250.26
WACC / Discount Rate-1.10%-1.10%-1.10%
Growth Rate5.50%6.50%7.50%
Fair Value$47.36$52.30$55.80
Upside / Downside113.16%135.35%151.14%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)411.16437.89466.35496.66528.95563.33580.23
Payout Ratio38.06%48.45%58.84%69.22%79.61%90.00%92.50%
Projected Dividends (M)156.48212.14274.38343.81421.10507.00536.71

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-1.10%-1.10%-1.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)212.50214.51216.53
Year 2 PV (M)275.30280.54285.84
Year 3 PV (M)345.54355.46365.57
Year 4 PV (M)423.94440.24457.01
Year 5 PV (M)511.27535.96561.60
PV of Terminal Value (M)54,123.2056,737.3759,451.59
Equity Value (M)55,891.7458,564.0961,338.13
Shares Outstanding (M)1,465.341,465.341,465.34
Fair Value$38.14$39.97$41.86
Upside / Downside71.66%79.87%88.39%

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%