Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhongjing Food Co., Ltd. (300908.SZ)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$23.31 - $49.71$33.15
Multi-Stage$18.42 - $20.04$19.22
Blended Fair Value$26.19
Current Price$29.03
Upside-9.80%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.88%28.63%0.890.690.360.340.260.640.200.200.160.15
YoY Growth--29.16%92.90%3.92%30.13%-58.61%223.55%-3.02%25.91%6.22%111.87%
Dividend Yield--3.19%2.44%1.19%1.22%0.63%0.77%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)180.14
(-) Cash Dividends Paid (M)146.15
(=) Cash Retained (M)33.99
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)36.0322.5213.51
Cash Retained (M)33.9933.9933.99
(-) Cash Required (M)-36.03-22.52-13.51
(=) Excess Retained (M)-2.0411.4820.48
(/) Shares Outstanding (M)146.00146.00146.00
(=) Excess Retained per Share-0.010.080.14
LTM Dividend per Share1.001.001.00
(+) Excess Retained per Share-0.010.080.14
(=) Adjusted Dividend0.991.081.14
WACC / Discount Rate9.97%9.97%9.97%
Growth Rate5.50%6.50%7.50%
Fair Value$23.31$33.15$49.71
Upside / Downside-19.71%14.21%71.25%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)180.14191.85204.32217.61231.75246.81254.22
Payout Ratio81.13%82.90%84.68%86.45%88.23%90.00%92.50%
Projected Dividends (M)146.15159.05173.02188.12204.46222.13235.15

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.97%9.97%9.97%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)143.28144.64146.00
Year 2 PV (M)140.40143.07145.77
Year 3 PV (M)137.52141.46145.49
Year 4 PV (M)134.64139.81145.14
Year 5 PV (M)131.76138.13144.74
PV of Terminal Value (M)2,001.832,098.522,198.91
Equity Value (M)2,689.422,805.632,926.04
Shares Outstanding (M)146.00146.00146.00
Fair Value$18.42$19.22$20.04
Upside / Downside-36.55%-33.81%-30.97%

High-Yield Dividend Screener

« Prev Page 85 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0258.HKTomson Group Limited1.44%$0.037.69%
055490.KSTapex Co., Ltd.1.44%$199.7851.52%
2756.TWOLian Fa International Dining Business Corp.1.44%$1.1840.55%
300130.SZXGD Inc.1.44%$0.4065.84%
300194.SZFuan Pharmaceutical (Group) Co., Ltd.1.44%$0.0652.37%
301058.SZCOFCO Technology & Industry Co., Ltd.1.44%$0.1634.15%
3393.HKWasion Holdings Limited1.44%$0.2617.68%
5536.TWOActer Group Corporation Limited1.44%$10.9947.44%
600809.SSShanxi Xinghuacun Fen Wine Factory Co.,Ltd.1.44%$2.4724.55%
6485.TMaezawa Kyuso Industries Co.,Ltd.1.44%$22.7715.91%
6506.TYASKAWA Electric Corporation1.44%$68.3230.92%
688092.SSHangzhou IECHO Science & Technology Co., Ltd.1.44%$0.3655.35%
ISS.COISS A/S1.44%$3.1019.54%
003027.SZTongxing Environmental Protection Technology Co.,Ltd1.43%$0.3250.08%
0W19.LDatagroup Se1.43%$1.0034.00%
0YG7.LBeijer Alma AB (publ)1.43%$4.1246.18%
2427.TOUTSOURCING Inc.1.43%$24.9856.59%
300409.SZGuangdong Dowstone Technology Co., Ltd.1.43%$0.3258.17%
600362.SSJiangxi Copper Company Limited1.43%$0.7933.95%
600409.SSTangshan Sanyou Chemical Industries Co.,Ltd1.43%$0.0981.03%
601858.SSChina Science Publishing & Media Ltd.1.43%$0.2639.12%
603283.SSSuzhou Secote Precision Electronic Co.,LTD1.43%$0.6225.98%
603757.SSZhejiang Dayuan Pumps Industry Co., Ltd1.43%$0.6358.53%
6479.TMinebeaMitsumi Inc.1.43%$45.0629.19%
7012.TKawasaki Heavy Industries, Ltd.1.43%$148.5132.29%
9630.SRRatio Speciality Company for Trading1.43%$0.1014.11%
GGenpact Limited1.43%$0.6620.93%
GILGildan Activewear Inc.1.43%$0.9028.59%
MRU.TOMetro Inc.1.43%$1.4230.52%
SIMINN.ICSíminn hf.1.43%$0.2133.47%
002568.SZShanghai Bairun Investment Holding Group Co., Ltd.1.42%$0.3146.41%
2270.HKDesun Real Estate Investment Services Group Co., Ltd.1.42%$0.0641.57%
300294.SZChina Resources Boya Bio-pharmaceutical Group Co., Ltd.1.42%$0.3249.45%
300433.SZLens Technology Co., Ltd.1.42%$0.4354.16%
300906.SZJiangxi Everbright Measurement And Control Technology Co.,Ltd.1.42%$0.5058.74%
301588.SZNewtechwood Corp1.42%$0.2667.53%
4684.TOBIC Co.,Ltd.1.42%$70.0044.07%
600023.SSZhejiang Zheneng Electric Power Co., Ltd.1.42%$0.0712.91%
600268.SSGuodian Nanjing Automation Co., Ltd.1.42%$0.1533.78%
605089.SSSuzhou Weizhixiang Food Co., Ltd.1.42%$0.3667.75%
688677.SSQingdao NovelBeam Technology Co.,Ltd.1.42%$0.6152.58%
7456.TMATSUDA SANGYO Co., Ltd.1.42%$75.0717.79%
DNR.MIIndustrie De Nora S.p.A.1.42%$0.1022.74%
000039.SZChina International Marine Containers (Group) Co., Ltd.1.41%$0.1431.30%
000778.SZXinxing Ductile Iron Pipes Co., Ltd.1.41%$0.0660.76%
002434.SZZhejiang Wanliyang Co., Ltd.1.41%$0.1354.38%
0354.HKChinasoft International Limited1.41%$0.0716.05%
300298.SZSinocare Inc.1.41%$0.2447.22%
600063.SSAnhui Wanwei Updated High-Tech Material Industry Co.,Ltd1.41%$0.0831.80%
603058.SSGuiZhou YongJi Printing CO.,LTD1.41%$0.1342.37%