Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tiangong International Company Limited (0826.HK)

Company Dividend Discount ModelIndustry: SteelSector: Basic Materials

Valuation Snapshot

Stable Growth$2.16 - $3.22$2.66
Multi-Stage$3.71 - $4.07$3.88
Blended Fair Value$3.27
Current Price$1.83
Upside78.89%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.61%5.51%0.060.040.060.080.050.030.040.010.010.04
YoY Growth--63.43%-39.27%-20.02%54.26%47.87%-9.48%352.70%48.40%-84.53%0.36%
Dividend Yield--3.38%1.95%2.37%1.94%1.68%1.14%2.25%0.79%0.61%6.35%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)713.85
(-) Cash Dividends Paid (M)264.64
(=) Cash Retained (M)449.21
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)142.7789.2353.54
Cash Retained (M)449.21449.21449.21
(-) Cash Required (M)-142.77-89.23-53.54
(=) Excess Retained (M)306.44359.97395.67
(/) Shares Outstanding (M)2,746.592,746.592,746.59
(=) Excess Retained per Share0.110.130.14
LTM Dividend per Share0.100.100.10
(+) Excess Retained per Share0.110.130.14
(=) Adjusted Dividend0.210.230.24
WACC / Discount Rate8.14%8.14%8.14%
Growth Rate-1.37%-0.37%0.63%
Fair Value$2.16$2.66$3.22
Upside / Downside17.88%45.55%76.12%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)713.85711.24708.65706.06703.48700.91721.94
Payout Ratio37.07%47.66%58.24%68.83%79.41%90.00%92.50%
Projected Dividends (M)264.64338.97412.74485.97558.67630.82667.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.14%8.14%8.14%
Growth Rate-1.37%-0.37%0.63%
Year 1 PV (M)310.30313.45316.59
Year 2 PV (M)345.88352.93360.05
Year 3 PV (M)372.81384.27395.96
Year 4 PV (M)392.34408.49425.14
Year 5 PV (M)405.55426.52448.36
PV of Terminal Value (M)8,349.878,781.819,231.45
Equity Value (M)10,176.7510,667.4811,177.55
Shares Outstanding (M)2,746.592,746.592,746.59
Fair Value$3.71$3.88$4.07
Upside / Downside102.47%112.23%122.38%

High-Yield Dividend Screener

« Prev Page 89 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
4369.TTri Chemical Laboratories Inc.1.29%$34.9719.74%
4909.TWONew Era Electronics Co., Ltd1.29%$0.7515.67%
600483.SSFujian Funeng Co., Ltd.1.29%$0.1211.31%
600830.SSSunny Loan Top Co.,Ltd.1.29%$0.1282.65%
600885.SSHongfa Technology Co., Ltd.1.29%$0.3931.98%
603180.SSGoldenHome Living Co., Ltd.1.29%$0.2627.79%
6213.TWITEQ Corporation1.29%$1.5044.44%
8233.TTakashimaya Company, Limited1.29%$21.1618.17%
ALBKK.PABaikowski S.A.1.29%$0.3015.97%
CENER.BRCenergy Holdings S.A.1.29%$0.2015.13%
COLUM.COColumbus A/S1.29%$0.1343.75%
DKFT.JKPT Central Omega Resources Tbk1.29%$10.0010.62%
FII.PALisi S.A.1.29%$0.6927.06%
HYGN.JKEcocare Indo Pasifik Tbk1.29%$2.1628.24%
INCAP.BOIncap Limited1.29%$1.0080.52%
000568.SZLuzhou Laojiao Co.,Ltd.1.28%$1.4917.31%
000612.SZJiaoZuo WanFang Aluminum Manufacturing Co., Ltd1.28%$0.1417.40%
002498.SZQingdao Hanhe Cable Co.,Ltd1.28%$0.0529.88%
002830.SZShenzhen Mingdiao Decoration Co., Ltd.1.28%$0.2581.30%
0P2N.LFerrovial, S.A.1.28%$0.377.25%
0REW.LZüblin Immobilien Holding AG1.28%$0.5813.95%
300566.SZNingbo Exciton Technology Co., Ltd.1.28%$0.2432.55%
383310.KQEcopro HN Co., Ltd.1.28%$299.1337.96%
600114.SSNBTM New Materials Group Co., Ltd.1.28%$0.3944.85%
603109.SSSenci Electric Machinery Co.,Ltd.1.28%$0.3329.80%
6274.TWOTaiwan Union Technology Corporation1.28%$6.1759.29%
6415.TWSilergy Corp.1.28%$2.3736.29%
688338.SSBeijing Succeeder Technology Inc.1.28%$0.3336.57%
688687.SSBeijing Kawin Technology Share-Holding Co., Ltd.1.28%$0.3239.11%
8010.SRThe Company for Cooperative Insurance1.28%$1.5221.22%
ACCELERATE.BOAccelerateBS India Ltd.1.28%$1.0015.67%
000560.SZ5i5j Holding Group Co., Ltd.1.27%$0.0481.20%
002438.SZJiangsu Shentong Valve Co., Ltd.1.27%$0.2034.02%
002850.SZShenzhen Kedali Industry Co., Ltd.1.27%$2.0033.47%
002972.SZShenzhen keanda electronic technology co.,ltd1.27%$0.1546.95%
003025.SZSijin Intelligent Forming Machinery Co., Ltd.1.27%$0.1835.63%
089980.KQSang-A Frontec Co.,Ltd.1.27%$199.1825.34%
185750.KSChong Kun Dang Pharmaceutical Corp.1.27%$1,049.0222.67%
2049.TWHiwin Technologies Corp.1.27%$2.4954.85%
214420.KSTonymoly Co., Ltd1.27%$120.5318.35%
300724.SZShenzhen S.C New Energy Technology Corporation1.27%$1.2112.25%
5490.TWOXAC Automation Corporation1.27%$0.3523.58%
7084.KLQL Resources Berhad1.27%$0.0541.79%
7293.KLYinson Holdings Berhad1.27%$0.0315.30%
TFCO4.SATrack & Field Co S.A.1.27%$0.2022.14%
002937.SZNingbo Sunrise Elc Technology Co.,Ltd1.26%$0.3057.29%
1788.HKGuotai Junan International Holdings Limited1.26%$0.0332.32%
3769.TGMO Payment Gateway, Inc.1.26%$122.5646.89%
3774.TInternet Initiative Japan Inc.1.26%$34.7727.53%
603257.SSChina Nerin Engineering Co Ltd1.26%$0.7566.31%