Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Wangneng Environment Co., Ltd. (002034.SZ)

Company Dividend Discount ModelIndustry: Waste ManagementSector: Industrials

Valuation Snapshot

Stable Growth$59.14 - $260.67$140.32
Multi-Stage$30.35 - $33.20$31.75
Blended Fair Value$86.04
Current Price$16.78
Upside412.73%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS56.00%20.51%0.840.660.280.460.090.090.130.080.120.00
YoY Growth--28.08%133.64%-38.96%400.71%1.01%-32.00%77.56%-36.13%2,926.09%-97.00%
Dividend Yield--4.54%4.77%1.57%2.49%0.50%0.70%0.72%0.28%0.37%0.02%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)599.87
(-) Cash Dividends Paid (M)205.14
(=) Cash Retained (M)394.72
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)119.9774.9844.99
Cash Retained (M)394.72394.72394.72
(-) Cash Required (M)-119.97-74.98-44.99
(=) Excess Retained (M)274.75319.74349.73
(/) Shares Outstanding (M)457.67457.67457.67
(=) Excess Retained per Share0.600.700.76
LTM Dividend per Share0.450.450.45
(+) Excess Retained per Share0.600.700.76
(=) Adjusted Dividend1.051.151.21
WACC / Discount Rate7.37%7.37%7.37%
Growth Rate5.50%6.50%7.50%
Fair Value$59.14$140.32$260.67
Upside / Downside252.46%736.25%1,453.43%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)599.87638.86680.38724.61771.71821.87846.52
Payout Ratio34.20%45.36%56.52%67.68%78.84%90.00%92.50%
Projected Dividends (M)205.14289.78384.55490.41608.41739.68783.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.37%7.37%7.37%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)267.35269.89272.42
Year 2 PV (M)327.33333.56339.86
Year 3 PV (M)385.14396.19407.46
Year 4 PV (M)440.83457.78475.22
Year 5 PV (M)494.47518.35543.14
PV of Terminal Value (M)11,976.9912,555.4913,156.12
Equity Value (M)13,892.1014,531.2615,194.22
Shares Outstanding (M)457.67457.67457.67
Fair Value$30.35$31.75$33.20
Upside / Downside80.89%89.22%97.85%

High-Yield Dividend Screener

« Prev Page 88 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
6516.TSanyo Denki Co., Ltd.1.33%$55.6526.20%
688100.SSWillfar Information Technology Co., Ltd.1.33%$0.5237.34%
688289.SSSansure Biotech Inc.1.33%$0.2566.12%
EPRO-B.STElectrolux Professional AB (publ)1.33%$0.8536.36%
002768.SZQingdao Gon Technology Co., Ltd.1.32%$0.7022.17%
002879.SZChang Lan Electric Technology Co.,Ltd.1.32%$0.2573.81%
300286.SZAcrel Co.,Ltd.1.32%$0.3036.95%
300684.SZJones Tech PLC1.32%$0.6560.38%
300976.SZDongguan Tarry Electronics Co.,Ltd1.32%$0.7935.98%
600489.SSZhongjin Gold Corp.,Ltd1.32%$0.3133.93%
600686.SSXiamen King Long Motor Group Co., Ltd.1.32%$0.2351.04%
603829.SSJiangsu Luokai Mechanical &Electrical Co., Ltd .1.32%$0.2941.39%
6055.HKChina Tobacco International (HK) Company Limited1.32%$0.4719.10%
6449.TWApaq Technology Co., Ltd.1.32%$2.2939.61%
688093.SSSuzhou Shihua New Material Technology Co., Ltd.1.32%$0.4933.88%
ASPO.HEAspo Oyj1.32%$0.0914.38%
NA9.DENagarro SE1.32%$1.0025.87%
002353.SZYantai Jereh Oilfield Services Group Co., Ltd.1.31%$0.9333.49%
002859.SZZhejiang Jiemei Electronic And Technology Co., Ltd.1.31%$0.3677.54%
002961.SZRuida Futures Co., Ltd.1.31%$0.3533.25%
003850.KSBoryung Corporation1.31%$122.5626.40%
158430.KQATON Inc.1.31%$84.5420.61%
601898.SSChina Coal Energy Company Limited1.31%$0.1616.91%
605018.SSChanghua Holding Group Co., Ltd.1.31%$0.1583.12%
6191.TAirTrip Corp.1.31%$9.9312.12%
9902.TNICHIDEN Corporation1.31%$33.4019.49%
NRCA.JKPT Nusa Raya Cipta Tbk1.31%$21.8434.93%
000370.KSHanwha General Insurance Co., Ltd.1.30%$71.584.70%
000559.SZWanxiang Qianchao Co.,Ltd.1.30%$0.2274.64%
1530.HK3SBio Inc.1.30%$0.3219.42%
2982.TA.D.Works Group Co.,Ltd.1.30%$5.4811.64%
300088.SZWuhu Token Sciences Co., Ltd.1.30%$0.0855.80%
300677.SZIntco Medical Technology Co., Ltd.1.30%$0.5118.70%
600737.SSCofco Sugar Holding CO.,LTD.1.30%$0.2235.03%
603387.SSGetein Biotech, Inc1.30%$0.1126.34%
603444.SSG-bits Network Technology (Xiamen) Co., Ltd.1.30%$5.5026.28%
603617.SSJunhe Pumps Holding Co., Ltd1.30%$0.1079.26%
603915.SSJiangsu Guomao Reducer Co., Ltd.1.30%$0.2458.27%
605580.SSHengsheng Energy Co., Ltd1.30%$0.2967.76%
688550.SSXi'an Manareco New Materials Co.,Ltd1.30%$0.5929.38%
9302.TMITSUI-SOKO HOLDINGS Co., Ltd.1.30%$48.6437.22%
9519.SRBanan Real Estate Company1.30%$0.0932.44%
ASAI3.SASendas Distribuidora S.A.1.30%$0.0913.94%
BBLD.JKPT Buana Finance Tbk1.30%$12.0039.59%
S58.SISATS Ltd.1.30%$0.0528.81%
000927.SZChina Railway Materials Company Limited1.29%$0.0342.86%
001229.SZGuangdong AVCiT Technology Holding Co., Ltd.1.29%$0.5682.58%
001283.SZShenzhen Highpower Technology Co., Ltd.1.29%$0.9039.06%
0R43.LNP3 Fastigheter AB (publ)1.29%$3.3117.30%
192820.KSCosmax, Inc.1.29%$2,299.1252.32%