Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Dawnrays Pharmaceutical (Holdings) Limited (2348.HK)

Company Dividend Discount ModelIndustry: Drug Manufacturers - Specialty & GenericSector: Healthcare

Valuation Snapshot

Stable Growth$6.25 - $10.78$8.20
Multi-Stage$11.12 - $12.23$11.66
Blended Fair Value$9.93
Current Price$1.13
Upside778.92%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.57%6.47%0.070.080.070.100.050.070.130.060.070.05
YoY Growth---5.02%17.62%-30.83%76.34%-20.67%-49.33%122.17%-9.86%35.69%25.76%
Dividend Yield--6.43%8.10%5.66%7.04%4.60%5.34%10.46%3.43%3.23%1.97%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)739.57
(-) Cash Dividends Paid (M)244.47
(=) Cash Retained (M)495.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)147.9192.4555.47
Cash Retained (M)495.10495.10495.10
(-) Cash Required (M)-147.91-92.45-55.47
(=) Excess Retained (M)347.19402.66439.64
(/) Shares Outstanding (M)1,504.141,504.141,504.14
(=) Excess Retained per Share0.230.270.29
LTM Dividend per Share0.160.160.16
(+) Excess Retained per Share0.230.270.29
(=) Adjusted Dividend0.390.430.45
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate0.22%1.22%2.22%
Fair Value$6.25$8.20$10.78
Upside / Downside452.75%625.56%854.25%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)739.57748.60757.75767.00776.37785.85809.42
Payout Ratio33.06%44.44%55.83%67.22%78.61%90.00%92.50%
Projected Dividends (M)244.47332.71423.07515.59610.31707.26748.72

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate0.22%1.22%2.22%
Year 1 PV (M)309.22312.31315.39
Year 2 PV (M)365.45372.78380.18
Year 3 PV (M)413.92426.44439.20
Year 4 PV (M)455.37473.82492.83
Year 5 PV (M)490.46515.42541.39
PV of Terminal Value (M)14,696.7315,444.7316,222.87
Equity Value (M)16,731.1617,545.5018,391.86
Shares Outstanding (M)1,504.141,504.141,504.14
Fair Value$11.12$11.66$12.23
Upside / Downside884.37%932.29%982.08%

High-Yield Dividend Screener

« Prev Page 81 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
003003.SZGuangdong Tengen Industrial Group Co.,Ltd.1.60%$0.2158.54%
3026.KLDutch Lady Milk Industries Berhad1.60%$0.5028.77%
4380.TM - mart Inc.1.60%$20.8626.17%
5878.KLKPJ Healthcare Berhad1.60%$0.0454.29%
BUAH.JKPT Segar Kumala Indonesia Tbk1.60%$10.5034.44%
CBTT-B.STChristian Berner Tech Trade AB (publ)1.60%$0.6024.79%
SEER3.SASer Educacional S.A.1.60%$0.1517.88%
SPNSSapiens International Corporation N.V.1.60%$0.7061.01%
000963.SZHuadong Medicine Co., Ltd1.59%$0.6329.78%
002560.SZHenan Tong-Da Cable Co., Ltd.1.59%$0.1698.75%
002942.SZZhejiang XinNong Chemical Co.,Ltd.1.59%$0.3153.92%
016590.KSShindaeyang Paper Co., Ltd.1.59%$202.4828.25%
0J7X.LMBB SE1.59%$3.3332.74%
300957.SZYunnan Botanee Bio-Technology Group Co.LTD1.59%$0.6373.46%
366030.KQ09WOMEN Co., Ltd.1.59%$90.0829.50%
4736.TNippon RAD Inc.1.59%$9.9013.56%
600487.SSHengtong Optic-Electric Co., Ltd.1.59%$0.3933.97%
6201.TToyota Industries Corporation1.59%$283.1141.29%
688129.SSDonglai Coating Technology (Shanghai) Co., Ltd.1.59%$0.3241.19%
688312.SSShenzhen Yanmade Technology Inc.1.59%$0.5361.22%
688569.SSBeijing Tieke Shougang Rail Way-Tech Co., Ltd.1.59%$0.3543.76%
9324.TYasuda Logistics Corporation1.59%$34.9731.59%
ASSA-B.STASSA ABLOY AB (publ)1.59%$5.6642.81%
BEI-UN.TOBoardwalk Real Estate Investment Trust1.59%$1.0317.62%
DEPO.JKPT Caturkarda Depo Bangunan Tbk1.59%$4.2032.09%
DSNG.JKPT Dharma Satya Nusantara Tbk1.59%$24.0015.91%
F9D.SIBoustead Singapore Limited1.59%$0.0314.46%
OZL.AXOZ Minerals Limited1.59%$0.4555.76%
000920.SZVontron Technology Co., Ltd.1.58%$0.2038.51%
000960.SZYunnan Tin Company Limited1.58%$0.4438.02%
002340.SZGEM Co., Ltd.1.58%$0.1355.09%
300015.SZAier Eye Hospital Group Co., Ltd.1.58%$0.1749.80%
3925.TDouble Standard Inc.1.58%$27.4225.04%
4721.TWOMechema Chemicals International Corp.1.58%$1.1041.13%
603082.SSRIAMB (Beijing) Tech Dvlp Co1.58%$0.5857.18%
603289.SSZhejiang Tederic Machinery Co., Ltd.1.58%$0.1644.78%
603332.SSSuzhou Longjie Special Fiber Co., Ltd.1.58%$0.2287.52%
603993.SSCMOC Group Limited1.58%$0.3234.49%
7555.TOta Floriculture Auction Co.,Ltd.1.58%$11.8147.37%
ALPHA.ATAlpha Bank S.A.1.58%$0.0615.49%
OTP.BDOTP Bank Nyrt.1.58%$554.0413.23%
002550.SZChangzhou Qianhong Biopharma CO.,LTD1.57%$0.1235.18%
033530.KSSjg Sejong Co. Ltd.1.57%$162.926.60%
056190.KQSFA Engineering Corporation1.57%$380.3551.85%
300035.SZHunan Zhongke Electric Co., Ltd.1.57%$0.3343.86%
AGOAssured Guaranty Ltd.1.57%$1.4017.16%
CJA.FAlimentation Couche-Tard Inc.1.57%$0.5520.13%
MNIT.BKMFC-Nichada Thani Property Fund 21.57%$0.0321.78%
000573.SZDongGuan Winnerway Industry Zone Ltd.1.56%$0.0663.16%
000958.SZSPIC Industry-Finance Holdings Co., Ltd.1.56%$0.1060.59%