Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Fujian Apex Software Co.,LTD (603383.SS)

Company Dividend Discount ModelIndustry: Software - ApplicationSector: Technology

Valuation Snapshot

Stable Growth$17.89 - $37.99$25.41
Multi-Stage$14.21 - $15.46$14.82
Blended Fair Value$20.12
Current Price$42.86
Upside-53.07%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS30.72%28.16%1.110.670.460.330.290.290.210.000.000.01
YoY Growth--67.47%45.70%39.68%11.99%-0.02%40.00%0.00%0.00%-100.00%-84.56%
Dividend Yield--2.91%2.06%1.04%1.38%1.39%0.85%0.35%0.00%0.00%0.12%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)196.04
(-) Cash Dividends Paid (M)164.31
(=) Cash Retained (M)31.73
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)39.2124.5014.70
Cash Retained (M)31.7331.7331.73
(-) Cash Required (M)-39.21-24.50-14.70
(=) Excess Retained (M)-7.487.2217.02
(/) Shares Outstanding (M)205.88205.88205.88
(=) Excess Retained per Share-0.040.040.08
LTM Dividend per Share0.800.800.80
(+) Excess Retained per Share-0.040.040.08
(=) Adjusted Dividend0.760.830.88
WACC / Discount Rate9.99%9.99%9.99%
Growth Rate5.50%6.50%7.50%
Fair Value$17.89$25.41$37.99
Upside / Downside-58.26%-40.72%-11.36%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)196.04208.78222.35236.80252.19268.59276.64
Payout Ratio83.82%85.05%86.29%87.53%88.76%90.00%92.50%
Projected Dividends (M)164.31177.57191.86207.26223.86241.73255.90

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.99%9.99%9.99%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)159.92161.44162.96
Year 2 PV (M)155.62158.59161.58
Year 3 PV (M)151.41155.75160.18
Year 4 PV (M)147.28152.94158.76
Year 5 PV (M)143.23150.15157.33
PV of Terminal Value (M)2,168.422,273.162,381.90
Equity Value (M)2,925.883,052.033,182.72
Shares Outstanding (M)205.88205.88205.88
Fair Value$14.21$14.82$15.46
Upside / Downside-66.84%-65.41%-63.93%

High-Yield Dividend Screener

« Prev Page 86 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
LTMC.MILottomatica Group S.p.A.1.41%$0.3155.88%
002064.SZHuafon Chemical Co., Ltd.1.40%$0.1545.82%
002203.SZZhe Jiang Hai Liang Co., Ltd1.40%$0.1852.28%
002357.SZSichuan Fulin Transportation Group Co., Ltd.1.40%$0.1525.09%
300105.SZYanTai LongYuan Power Technology Co., Ltd.1.40%$0.1064.82%
4005.SRNational Medical Care Company1.40%$2.0028.58%
600517.SSState Grid Yingda Co.,Ltd.1.40%$0.0820.41%
CCL-A.TOCCL Industries Inc.1.40%$1.2527.03%
CGAUCenterra Gold Inc.1.40%$0.2012.28%
MHKI.JKMulti Hanna Kreasindo Tbk.1.40%$2.9229.72%
ROVIO.HERovio Entertainment Oyj1.40%$0.1342.86%
000750.SZSealand Securities Co., Ltd.1.39%$0.0639.70%
011210.KSHYUNDAI WIA Corporation1.39%$1,101.7920.24%
2610.HKNanshan Aluminium Intrnatnl Holdings Ltd1.39%$0.6969.79%
272290.KQINNOX Advanced Materials Co.,Ltd.1.39%$328.809.47%
301158.SZDezhou United Petroleum Technology Co.,Ltd.1.39%$0.3135.01%
600777.SSShandong Xinchao Energy Corporation Limited1.39%$0.0521.18%
603393.SSXinjiang Xintai Natural Gas Co., Ltd.1.39%$0.3714.02%
CLAS-B.STClas Ohlson AB (publ)1.39%$4.2228.54%
GMG.AXGoodman Group1.39%$0.4354.37%
LASP.COLån & Spar Bank A/S1.39%$20.0415.86%
000061.SZShenzhen Agricultural Products Group Co., Ltd.1.38%$0.1471.88%
002536.SZFeilong Auto Components Co., Ltd.1.38%$0.4167.28%
002797.SZFirst Capital Securities Co., Ltd.1.38%$0.0938.51%
2172.HKMicroPort NeuroTech Limited1.38%$0.1621.06%
600549.SSXiamen Tungsten Co., Ltd.1.38%$0.5642.55%
603203.SSQuick Intelligent Equipment Co., Ltd.1.38%$0.5151.54%
688597.SSBeijing Yupont Electric Power Technology Co., Ltd.1.38%$0.1138.03%
9422.TConexio Corporation1.38%$26.3532.61%
FESTI.ICFesti hf.1.38%$4.4930.70%
FSIFlexible Solutions International, Inc.1.38%$0.0927.13%
OMED.JKPT Jayamas Medica Industri Tbk1.38%$2.8823.51%
RY4C.DERyanair Holdings plc1.38%$0.4118.55%
SELIC.BKSelic Corp Public Company Limited1.38%$0.0417.06%
TALF.JKPT Tunas Alfin Tbk1.38%$8.0038.14%
YRM.MIRosetti Marino S.p.A.1.38%$4.0036.08%
000795.SZInnuovo Technology Co., Ltd.1.37%$0.1461.81%
001268.SZGuangdong Yangshan United Precision Manufacturing Co., Ltd.1.37%$0.4964.59%
600196.SSShanghai Fosun Pharmaceutical (Group) Co., Ltd.1.37%$0.3629.17%
603707.SSNanjing King-Friend Biochemical Pharmaceutical Co., Ltd1.37%$0.1230.81%
605222.SSShanghai QiFan Cable Co., Ltd1.37%$0.2569.76%
6782.TWVisco Vision Inc.1.37%$2.3921.51%
LINLinde plc1.37%$5.8839.08%
RAY-B.STRaySearch Laboratories AB (publ)1.37%$3.0046.95%
SHAWGELTIN.BONarmada Gelatines Limited1.37%$5.0013.05%
006220.KSJeju Bank1.36%$156.0067.72%
2505.HKEDA Group Holdings Limited1.36%$0.028.61%
300207.SZSunwoda Electronic Co.,Ltd1.36%$0.3539.10%
300993.SZShandong Yuma Sun-shading Technology Corp., Ltd.1.36%$0.2035.95%
3794.KLMalayan Cement Berhad1.36%$0.1129.56%