Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Kingboard Laminates Holdings Limited (1888.HK)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$5.49 - $7.72$6.60
Multi-Stage$9.22 - $10.10$9.65
Blended Fair Value$8.12
Current Price$9.56
Upside-15.01%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-18.48%-0.78%0.160.351.502.500.690.440.690.800.720.16
YoY Growth---54.29%-76.67%-40.00%261.66%55.56%-35.81%-13.56%11.35%356.10%-8.89%
Dividend Yield--2.22%5.64%17.48%18.85%5.46%4.60%10.71%6.32%9.44%4.48%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,744.57
(-) Cash Dividends Paid (M)1,591.20
(=) Cash Retained (M)1,153.37
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)548.91343.07205.84
Cash Retained (M)1,153.371,153.371,153.37
(-) Cash Required (M)-548.91-343.07-205.84
(=) Excess Retained (M)604.46810.30947.53
(/) Shares Outstanding (M)3,120.283,120.283,120.28
(=) Excess Retained per Share0.190.260.30
LTM Dividend per Share0.510.510.51
(+) Excess Retained per Share0.190.260.30
(=) Adjusted Dividend0.700.770.81
WACC / Discount Rate9.68%9.68%9.68%
Growth Rate-2.78%-1.78%-0.78%
Fair Value$5.49$6.60$7.72
Upside / Downside-42.56%-30.99%-19.26%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,744.572,695.652,647.602,600.402,554.052,508.522,583.78
Payout Ratio57.98%64.38%70.79%77.19%83.60%90.00%92.50%
Projected Dividends (M)1,591.201,735.491,874.122,007.262,135.062,257.672,389.99

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.68%9.68%9.68%
Growth Rate-2.78%-1.78%-0.78%
Year 1 PV (M)1,566.261,582.371,598.48
Year 2 PV (M)1,526.451,558.021,589.91
Year 3 PV (M)1,475.481,521.481,568.43
Year 4 PV (M)1,416.391,475.571,536.59
Year 5 PV (M)1,351.691,422.651,496.56
PV of Terminal Value (M)21,432.8722,558.1023,730.10
Equity Value (M)28,769.1430,118.1931,520.07
Shares Outstanding (M)3,120.283,120.283,120.28
Fair Value$9.22$9.65$10.10
Upside / Downside-3.56%0.97%5.67%

High-Yield Dividend Screener

« Prev Page 82 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
001965.SZChina Merchants Expressway Network & Technology Holdings Co.,Ltd.1.56%$0.1620.63%
005430.KSKorea Airport Service Co.,Ltd.1.56%$999.968.24%
009540.KSKorea Shipbuilding & Offshore Engineering Co., Ltd.1.56%$6,131.9325.76%
1364.HKGuming1.56%$0.3837.59%
2287.SRArabian Company for Agricultural and Industrial Investment1.56%$0.5044.58%
300505.SZKunming Chuan Jin Nuo Chemical Co., Ltd.1.56%$0.3525.89%
300595.SZAutek China Inc.1.56%$0.2341.79%
3843.TFreeBit Co., Ltd.1.56%$26.3519.53%
600803.SSENN Natural Gas Co., Ltd.1.56%$0.3222.50%
7712.TWOPotens1.56%$1.3527.60%
9982.TTakihyo Co., Ltd.1.56%$35.4219.23%
DPNS.JKPT Duta Pertiwi Nusantara Tbk1.56%$4.8319.22%
FTT.TOFinning International Inc.1.56%$1.1722.66%
QAN.AXQantas Airways Limited1.56%$0.168.74%
WEGE3.SAWEG S.A.1.56%$0.7548.87%
000640.KSDong-A Socio Holdings Co., Ltd.1.55%$1,671.189.99%
300230.SZShanghai YongLi Belting Co., Ltd1.55%$0.0726.87%
300573.SZShenyang Xingqi Pharmaceutical Co.,Ltd1.55%$1.0941.31%
600298.SSAngel Yeast Co., Ltd1.55%$0.6838.99%
601702.SSShanghai Huafon Aluminium Corporation1.55%$0.3225.48%
601788.SSEverbright Securities Company Limited1.55%$0.2733.48%
6290.TWOLongwell Company1.55%$2.8845.81%
000975.SZShanjin International Gold Co., Ltd.1.54%$0.3735.79%
300515.SZHunan Sundy Science and Technology Co., Ltd.1.54%$0.3033.61%
600018.SSShanghai International Port (Group) Co., Ltd.1.54%$0.0813.46%
600251.SSXinjiang Guannong Fruit & Antler Co.,Ltd.1.54%$0.1450.13%
603980.SSZhejiang Jihua Group Co., Ltd.1.54%$0.0892.72%
688663.SSWindSun Science&Technology Co.,Ltd.1.54%$0.6060.19%
7354.TDirect Marketing MiX Inc.1.54%$4.4816.60%
ALNSC.PANSC Groupe S.A.1.54%$1.133.63%
EYDAP.ATAthens Water Supply and Sewerage Company S.A.1.54%$0.1244.88%
KALPATPOWR.NSKalpataru Power Transmission Limited1.54%$7.9627.39%
MAGMAG Silver Corp.1.54%$0.3837.80%
NSISBC.XDNovonesis (Novozymes) B1.54%$6.1268.56%
002062.SZHongrun Construction Group Co., Ltd.1.53%$0.1462.78%
002074.SZGotion High-tech Co.,Ltd.1.53%$0.6032.33%
003011.SZZhejiang Walrus New Material Co.,Ltd.1.53%$0.3424.62%
072130.KSUANGEL Corporation1.53%$70.0520.95%
0ROV.LBanque Cantonale du Jura S.A.1.53%$0.8810.04%
4612.TNippon Paint Holdings Co., Ltd.1.53%$16.0022.99%
603018.SSChina Design Group Co., Ltd.1.53%$0.1223.64%
603619.SSZhongman Petroleum and Natural Gas Group Corp., Ltd.1.53%$0.3531.92%
7119.Thalmek holdings Co.,Ltd.1.53%$19.7035.38%
ELPI.JKPT Pelayaran Nasional Ekalya Purnamasari Tbk1.53%$14.3440.52%
PIPE.TOPipestone Energy Corp.1.53%$0.035.35%
PYLON.BKPylon Public Company Limited1.53%$0.0436.13%
VAS.DEVoestalpine AG1.53%$0.5954.73%
001387.SZHefei Snowky Elect1.52%$0.2139.65%
002015.SZGCL Energy Technology Co.,Ltd.1.52%$0.1537.18%
1070.HKTCL Electronics Holdings Limited1.52%$0.1618.34%