Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Sinopec Kantons Holdings Limited (0934.HK)

Company Dividend Discount ModelIndustry: Oil & Gas MidstreamSector: Energy

Valuation Snapshot

Stable Growth$18.25 - $46.49$27.55
Multi-Stage$14.56 - $15.90$15.22
Blended Fair Value$21.38
Current Price$4.55
Upside369.99%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.79%18.71%0.250.220.200.200.200.180.120.080.060.05
YoY Growth--13.64%10.00%0.00%0.00%11.11%50.00%41.18%41.67%20.00%11.11%
Dividend Yield--5.10%6.61%6.78%6.54%7.41%5.49%3.46%1.68%1.69%1.08%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,013.50
(-) Cash Dividends Paid (M)1,168.50
(=) Cash Retained (M)845.01
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)402.70251.69151.01
Cash Retained (M)845.01845.01845.01
(-) Cash Required (M)-402.70-251.69-151.01
(=) Excess Retained (M)442.31593.32693.99
(/) Shares Outstanding (M)2,486.162,486.162,486.16
(=) Excess Retained per Share0.180.240.28
LTM Dividend per Share0.470.470.47
(+) Excess Retained per Share0.180.240.28
(=) Adjusted Dividend0.650.710.75
WACC / Discount Rate8.51%8.51%8.51%
Growth Rate4.79%5.79%6.79%
Fair Value$18.25$27.55$46.49
Upside / Downside301.02%505.54%921.66%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,013.502,130.102,253.452,383.942,521.982,668.022,748.06
Payout Ratio58.03%64.43%70.82%77.21%83.61%90.00%92.50%
Projected Dividends (M)1,168.501,372.341,595.891,840.712,108.542,401.222,541.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.51%8.51%8.51%
Growth Rate4.79%5.79%6.79%
Year 1 PV (M)1,252.741,264.701,276.65
Year 2 PV (M)1,329.841,355.341,381.09
Year 3 PV (M)1,400.171,440.641,481.88
Year 4 PV (M)1,464.121,520.821,579.14
Year 5 PV (M)1,522.041,596.061,672.94
PV of Terminal Value (M)29,233.2330,654.9432,131.44
Equity Value (M)36,202.1437,832.5039,523.14
Shares Outstanding (M)2,486.162,486.162,486.16
Fair Value$14.56$15.22$15.90
Upside / Downside220.03%234.44%249.39%

High-Yield Dividend Screener

« Prev Page 84 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
WIIT.MIWiit S.p.A.1.49%$0.3078.75%
010130.KSKorea Zinc Company, Ltd.1.48%$19,110.0186.56%
0R3I.LScatec ASA1.48%$1.0919.46%
2445.KLKuala Lumpur Kepong Berhad1.48%$0.2939.87%
264900.KSCrown Confectionery Co., Ltd.1.48%$130.059.54%
300627.SZShanghai Huace Navigation Technology Ltd1.48%$0.5241.90%
4FY.FGrupo Financiero Inbursa, S.A.B. de C.V.1.48%$0.030.78%
601633.SSGreat Wall Motor Company Limited1.48%$0.3426.17%
605499.SSEastroc Beverage (Group) Co.,Ltd.1.48%$3.9546.92%
CHEMM.COChemoMetec A/S1.48%$10.0053.93%
LPC.VLorne Park Capital Partners Inc.1.48%$0.0358.11%
ROVI.MCLaboratorios Farmaceuticos Rovi, S.A.1.48%$0.9439.48%
002627.SZHubei Three Gorges Tourism Group Co., Ltd.1.47%$0.1183.03%
4917.TMandom Corporation1.47%$40.0189.41%
600908.SSWuxi Rural Commercial Bank Co.,Ltd1.47%$0.098.24%
603128.SSCTS International Logistics Corporation Limited1.47%$0.0931.49%
603192.SSShanghai Huide Science & Technology Co.,Ltd1.47%$0.3942.81%
605155.SSZhejiang Xidamen New Material Co.,Ltd.1.47%$0.2538.23%
6824.TNew Cosmos Electric Co.,Ltd.1.47%$60.0521.02%
MT.ASArcelorMittal S.A.1.47%$0.5917.37%
000120.KSCJ Logistics Corporation1.46%$1,384.1811.62%
001319.SZWinstech Precision Holding Co., Ltd.1.46%$0.4042.15%
002430.SZHangzhou Oxygen Plant Group Co.,Ltd.1.46%$0.4442.21%
088790.KSJindo.Co., Ltd.1.46%$29.4117.12%
138A.THikari Food Service Co Ltd1.46%$39.9330.85%
195870.KSHAESUNG DS Co., Ltd.1.46%$800.1451.39%
600475.SSWuxi Huaguang Environment & Energy Group Co.,Ltd.1.46%$0.2745.95%
603896.SSZhejiang Shouxiangu Pharmaceutical Co., Ltd.1.46%$0.2842.25%
6517.TDenyo Co., Ltd.1.46%$52.3621.56%
688269.SSKaili Catalyst & New Materials Co.,Ltd.1.46%$0.5868.32%
688777.SSZhejiang Supcon Technology Co., Ltd.1.46%$0.7268.29%
ALU10.PAU10 Corp1.46%$0.0261.68%
DESPDespegar.com, Corp.1.46%$0.2885.32%
DGI9.LDigital 9 Infrastructure PLC1.46%$0.0918.97%
FALABELLA.SNFalabella S.A.1.46%$88.3625.66%
052400.KQKona I Co.,Ltd.1.45%$683.7225.31%
138040.KSMeritz Financial Group Inc.1.45%$1,617.8612.25%
300708.SZFocus Lightings Tech Co., Ltd.1.45%$0.1349.25%
3056.TWFu Hua Innovation Co. Ltd.1.45%$0.265.02%
601116.SSSanjiang Shopping Club Co.,Ltd1.45%$0.2080.56%
603089.SSADD Industry (Zhejiang) Co. Ltd.1.45%$0.1828.19%
9523.SRGroup Five Pipe Saudi Ltd.1.45%$0.508.57%
BBIK.BKBluebik Group Public Company Limited1.45%$0.2213.18%
EXO.ASExor N.V.1.45%$1.051.36%
PNVL3.SADimed S.A. Distribuidora de Medicamentos1.45%$0.1823.28%
SIGSignet Jewelers Limited1.45%$1.2535.52%
URB-A.CNUrbana Corporation1.45%$0.135.63%
002242.SZJoyoung Co.,Ltd1.44%$0.1577.40%
009070.KSKCTC Co. Ltd1.44%$88.4912.75%
012320.KSKyungdong Invest Co., Ltd1.44%$760.237.07%