Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Guangdong Construction Engineering Group Co., Ltd. (002060.SZ)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$26.45 - $57.34$53.74
Multi-Stage$9.00 - $9.84$9.41
Blended Fair Value$31.57
Current Price$3.81
Upside728.74%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS21.37%15.38%0.380.370.110.200.170.140.120.110.100.09
YoY Growth--3.44%233.80%-43.82%12.67%20.48%19.05%9.85%11.31%7.75%1.20%
Dividend Yield--10.84%8.59%1.61%2.02%4.31%4.65%3.13%3.20%2.32%2.63%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,082.13
(-) Cash Dividends Paid (M)1,065.88
(=) Cash Retained (M)16.25
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)216.43135.2781.16
Cash Retained (M)16.2516.2516.25
(-) Cash Required (M)-216.43-135.27-81.16
(=) Excess Retained (M)-200.18-119.02-64.91
(/) Shares Outstanding (M)3,753.093,753.093,753.09
(=) Excess Retained per Share-0.05-0.03-0.02
LTM Dividend per Share0.280.280.28
(+) Excess Retained per Share-0.05-0.03-0.02
(=) Adjusted Dividend0.230.250.27
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate5.50%6.50%7.50%
Fair Value$26.45$53.74$57.34
Upside / Downside594.29%1,310.44%1,405.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,082.131,152.471,227.381,307.161,392.131,482.611,527.09
Payout Ratio98.50%96.80%95.10%93.40%91.70%90.00%92.50%
Projected Dividends (M)1,065.881,115.581,167.231,220.881,276.581,334.351,412.56

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,038.441,048.281,058.12
Year 2 PV (M)1,011.381,030.651,050.09
Year 3 PV (M)984.721,012.991,041.79
Year 4 PV (M)958.44995.301,033.21
Year 5 PV (M)932.54977.591,024.35
PV of Terminal Value (M)28,865.9130,260.1531,707.74
Equity Value (M)33,791.4335,324.9436,915.31
Shares Outstanding (M)3,753.093,753.093,753.09
Fair Value$9.00$9.41$9.84
Upside / Downside136.32%147.04%158.16%

High-Yield Dividend Screener

« Prev Page 83 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300019.SZChengdu Guibao Science & Technology Co.,Ltd.1.52%$0.3140.29%
4009.SRMiddle East Healthcare Company1.52%$0.5012.40%
5482.TAichi Steel Corporation1.52%$44.2730.27%
600711.SSChengtun Mining Group Co., Ltd.1.52%$0.2335.49%
9435.THikari Tsushin, Inc.1.52%$664.2429.23%
CEGR3.SACompanhia Distribuidora de Gás do Rio de Janeiro - CEG1.52%$1.4751.97%
INVE-A.STInvestor AB (publ)1.52%$4.9521.54%
JDAN.COJeudan A/S1.52%$3.0017.56%
MYG.AXMayfield Group Holdings Limited1.52%$0.0538.65%
001213.SZChina Railway Special Cargo Logistics Co., Ltd.1.51%$0.0647.84%
002358.SZHenan Senyuan Electric Co., Ltd.1.51%$0.0874.78%
0QNO.LLonza Group AG1.51%$8.1143.57%
2332.TQuest Co., Ltd.1.51%$24.2217.41%
2517.HKGuoquan Food (Shanghai) Co Ltd1.51%$0.0528.47%
300092.SZSichuan Kexin Mechanical and Electrical Equipment Co.,Ltd1.51%$0.2480.12%
300596.SZRianlon Corporation1.51%$0.6428.93%
4030.SRThe National Shipping Company of Saudi Arabia1.51%$0.4421.11%
4578.TOtsuka Holdings Co., Ltd.1.51%$134.3915.80%
600109.SSSinolink Securities Co., Ltd.1.51%$0.1420.84%
601211.SSGuotai Junan Securities Co., Ltd.1.51%$0.3120.62%
603700.SSNingbo Water Meter (Group) Co., Ltd.1.51%$0.2044.19%
NWO.DENew Work SE1.51%$1.0047.05%
000968.SZShanxi Blue Flame Holding Company Limited1.50%$0.1023.97%
002262.SZJiangsu Nhwa Pharmaceutical Co., Ltd.1.50%$0.3629.87%
0QDX.ILAB Sagax (publ)1.50%$2.9642.30%
300986.SZJiangxi GETO New Materials Corporation Limited1.50%$0.1749.99%
600389.SSNantong Jiangshan Agrochemical & Chemicals Co.,Ltd.1.50%$0.3834.07%
605166.SSJuheshun Advanced Material Co., Ltd.1.50%$0.1625.21%
605555.SSNingbo Dechang Electrical Machinery Made Co., Ltd.1.50%$0.2849.12%
6113.HKBitStrat Holdings Limited1.50%$0.0346.13%
688188.SSShanghai BOCHU Electronic Technology Corporation Limited.1.50%$2.0455.83%
7472.TTOBA, Inc.1.50%$61.0518.55%
ABSO.STAbsolent Air Care Group AB (publ)1.50%$3.2542.64%
RIPLEY.SNRipley Corp S.A.1.50%$6.2516.33%
001311.SZChuzhou Duoli Automotive Technology Co., Ltd.1.49%$0.4853.94%
002698.SZHarbin Boshi Automation Co., Ltd.1.49%$0.2551.93%
077500.KSUniquest Corporation1.49%$99.9929.08%
0QQZ.LSt. Galler Kantonalbank AG1.49%$8.5111.89%
0YU.DEYum China Holdings Inc1.49%$0.7532.86%
300307.SZNingbo Cixing Co.,Ltd.1.49%$0.1187.46%
300841.SZChengdu Kanghua Biological Products Co., Ltd.1.49%$1.0877.05%
600827.SSShanghai Bailian (Group) Co., Ltd.1.49%$0.1398.59%
601113.SSYiwu Huading Nylon Co.,Ltd.1.49%$0.0721.89%
601990.SSNanjing Securities Co., Ltd.1.49%$0.1235.60%
6361.TEbara Corporation1.49%$54.9334.55%
6370.TKurita Water Industries Ltd.1.49%$94.5546.04%
6969.HKSmoore International Holdings Limited1.49%$0.1840.81%
8842.TTokyo Rakutenchi Co.,Ltd.1.49%$99.7279.28%
B3SA3.SAB3 S.A. - Brasil, Bolsa, Balcão1.49%$0.2021.40%
STMMI.MISTMicroelectronics N.V.1.49%$0.3559.85%