Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Tianrun Industry Technology Co., Ltd. (002283.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$6.32 - $14.57$9.24
Multi-Stage$4.76 - $5.18$4.97
Blended Fair Value$7.10
Current Price$6.63
Upside7.13%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS32.15%16.69%0.230.060.100.060.050.060.080.050.050.05
YoY Growth--296.01%-41.48%74.42%21.45%-17.90%-25.95%55.04%5.80%-2.47%-1.97%
Dividend Yield--3.44%1.05%1.74%0.80%0.71%1.68%1.74%0.99%0.66%1.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)343.85
(-) Cash Dividends Paid (M)224.81
(=) Cash Retained (M)119.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)68.7742.9825.79
Cash Retained (M)119.04119.04119.04
(-) Cash Required (M)-68.77-42.98-25.79
(=) Excess Retained (M)50.2776.0693.25
(/) Shares Outstanding (M)1,120.831,120.831,120.83
(=) Excess Retained per Share0.040.070.08
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.040.070.08
(=) Adjusted Dividend0.250.270.28
WACC / Discount Rate9.59%9.59%9.59%
Growth Rate5.50%6.50%7.50%
Fair Value$6.32$9.24$14.57
Upside / Downside-4.61%39.36%119.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)343.85366.20390.00415.35442.35471.10485.23
Payout Ratio65.38%70.30%75.23%80.15%85.08%90.00%92.50%
Projected Dividends (M)224.81257.45293.39332.91376.33423.99448.84

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.59%9.59%9.59%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)232.71234.91237.12
Year 2 PV (M)239.70244.27248.88
Year 3 PV (M)245.85252.91260.10
Year 4 PV (M)251.21260.87270.81
Year 5 PV (M)255.82268.18281.01
PV of Terminal Value (M)4,106.974,305.344,511.30
Equity Value (M)5,332.265,566.485,809.21
Shares Outstanding (M)1,120.831,120.831,120.83
Fair Value$4.76$4.97$5.18
Upside / Downside-28.24%-25.09%-21.83%

High-Yield Dividend Screener

« Prev Page 90 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
688267.SSChina Catalyst Holding Co., Ltd.1.26%$0.3534.87%
8848.TLeopalace21 Corporation1.26%$8.3127.11%
BAUH4.SAExcelsior Alimentos S.A.1.26%$1.1721.88%
CAST.STCastellum AB (publ)1.26%$1.3321.53%
CRHCRH plc1.26%$1.6033.62%
HBEL.BOHumming Bird Education Limited1.26%$0.3036.54%
JCIJohnson Controls International plc1.26%$1.5456.71%
KOG.OLKongsberg Gruppen ASA1.26%$3.4042.40%
OEM-B.STOEM International AB (publ)1.26%$1.7440.26%
SAREGAMA.BOSaregama India Limited1.26%$4.5142.77%
SDPC.JKPT Millennium Pharmacon International Tbk1.26%$2.0015.16%
002448.SZZYNP Corporation1.25%$0.1632.06%
0QLU.LBasler Kantonalbank1.25%$1.1112.42%
145720.KSDentium Co. Ltd.1.25%$599.519.81%
204320.KSMando Corporation1.25%$820.3729.46%
3684.TWOGrand-Tek Technology Co., Ltd.1.25%$0.8029.94%
5819.KLHong Leong Bank Berhad1.25%$0.2813.43%
600633.SSZhejiang Daily Digital Culture Group Co.,Ltd.1.25%$0.1635.54%
600850.SSCETC Digital Technology Co.,Ltd.1.25%$0.3749.83%
603329.SSShanghai Ace Investment & Development Co., Ltd.1.25%$0.1479.14%
603920.SSOlympic Circuit Technology Co., Ltd1.25%$0.6153.40%
6632.TJVCKENWOOD Corporation1.25%$15.0312.26%
9717.TJASTEC Co., Ltd.1.25%$24.2522.00%
9719.TSCSK Corporation1.25%$70.9536.13%
ENTER.ATEntersoft S.A.1.25%$0.1020.30%
ETNEaton Corporation plc1.25%$4.0840.54%
IRFC.BOIndian Railway Finance Corporation Limited1.25%$1.6030.59%
LVC.WALiveChat Software S.A.1.25%$1.4620.71%
ORSTED.COØrsted A/S1.25%$1.6010.19%
000514.SZChongqing Yukaifa Co., Ltd1.24%$0.0655.20%
002346.SZShanghai Zhezhong Group Co.,Ltd1.24%$0.2518.48%
002748.SZJiangxi Selon Industrial Co., Ltd.1.24%$0.1689.09%
1976.TMEISEI INDUSTRIAL Co.,Ltd.1.24%$21.0312.53%
300763.SZGinlong Technologies Co., Ltd.1.24%$0.8839.17%
600871.SSSinopec Oilfield Service Corporation1.24%$0.0381.02%
603585.SSSuli Co., Ltd.1.24%$0.2335.70%
605116.SSAurisco Pharmaceutical Co.,Ltd.1.24%$0.3129.49%
ALWED.PAWedia S.A.1.24%$0.3821.38%
MNC.WAMennica Polska S.A.1.24%$0.606.22%
MTHH.COMT Højgaard Holding A/S1.24%$6.4919.74%
WALL-B.STWallenstam AB (publ)1.24%$0.5117.40%
WRT1V.HEWärtsilä Oyj Abp1.24%$0.3840.46%
041830.KQInBody Co.,Ltd1.23%$400.0016.47%
0QHK.LSeSa S.p.A.1.23%$1.1227.54%
0Y5C.LAllegion plc1.23%$1.9926.83%
300726.SZZhuzhou Hongda Electronics Corp.,Ltd.1.23%$0.6374.98%
300916.SZShenzhen Longtech Smart Control Co., Ltd.1.23%$0.4042.79%
4148.TWAll Cosmos Bio-Tech Holding Corporation1.23%$0.4823.21%
544.SICSE Global Limited1.23%$0.0126.84%
600104.SSSAIC Motor Corporation Limited1.23%$0.1975.02%