Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Daqin Railway Co., Ltd. (601006.SS)

Company Dividend Discount ModelIndustry: RailroadsSector: Industrials

Valuation Snapshot

Stable Growth$5.20 - $9.84$7.08
Multi-Stage$8.43 - $9.25$8.83
Blended Fair Value$7.95
Current Price$5.89
Upside35.04%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.61%3.10%0.500.410.360.360.360.360.390.240.360.40
YoY Growth--23.51%11.53%0.00%0.00%0.00%-6.88%62.30%-33.70%-8.19%7.07%
Dividend Yield--7.68%5.52%5.07%5.31%5.20%5.36%4.62%2.93%4.80%5.77%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)6,660.06
(-) Cash Dividends Paid (M)2,858.30
(=) Cash Retained (M)3,801.76
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,332.01832.51499.50
Cash Retained (M)3,801.763,801.763,801.76
(-) Cash Required (M)-1,332.01-832.51-499.50
(=) Excess Retained (M)2,469.752,969.253,302.25
(/) Shares Outstanding (M)19,560.5219,560.5219,560.52
(=) Excess Retained per Share0.130.150.17
LTM Dividend per Share0.150.150.15
(+) Excess Retained per Share0.130.150.17
(=) Adjusted Dividend0.270.300.31
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate1.10%2.10%3.10%
Fair Value$5.20$7.08$9.84
Upside / Downside-11.76%20.14%67.13%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)6,660.066,799.836,942.537,088.227,236.977,388.847,610.51
Payout Ratio42.92%52.33%61.75%71.17%80.58%90.00%92.50%
Projected Dividends (M)2,858.303,558.604,287.035,044.465,831.806,649.967,039.72

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate1.10%2.10%3.10%
Year 1 PV (M)3,311.883,344.643,377.40
Year 2 PV (M)3,713.203,787.023,861.57
Year 3 PV (M)4,066.334,188.194,312.46
Year 4 PV (M)4,375.084,550.774,731.69
Year 5 PV (M)4,643.004,877.215,120.79
PV of Terminal Value (M)144,689.30151,988.12159,578.57
Equity Value (M)164,798.79172,735.96180,982.48
Shares Outstanding (M)19,560.5219,560.5219,560.52
Fair Value$8.43$8.83$9.25
Upside / Downside43.04%49.93%57.09%

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%