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 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%