DDM Analysis: 600585.SS

Valuation Snapshot

Stable Growth	$6.54 - $8.66	$7.64
Multi-Stage	$14.37 - $15.85	$15.10
Blended Fair Value	$11.37
Current Price	$23.22
Upside	-51.03%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-7.85%	7.14%	1.15	1.51	2.43	2.16	2.04	1.73	1.34	0.64	0.63	0.85
YoY Growth	-	-	-24.14%	-37.82%	12.26%	6.00%	18.34%	29.20%	107.49%	1.68%	-25.48%	47.73%
Dividend Yield	-	-	4.72%	6.74%	8.60%	5.48%	3.99%	3.13%	3.36%	2.00%	3.05%	5.03%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	8,802.15
(-) Cash Dividends Paid (M)	4,562.33
(=) Cash Retained (M)	4,239.82

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,760.43	1,100.27	660.16
Cash Retained (M)	4,239.82	4,239.82	4,239.82
(-) Cash Required (M)	-1,760.43	-1,100.27	-660.16
(=) Excess Retained (M)	2,479.39	3,139.56	3,579.66
(/) Shares Outstanding (M)	5,189.18	5,189.18	5,189.18
(=) Excess Retained per Share	0.48	0.61	0.69
LTM Dividend per Share	0.88	0.88	0.88
(+) Excess Retained per Share	0.48	0.61	0.69
(=) Adjusted Dividend	1.36	1.48	1.57
WACC / Discount Rate	8.84%	8.84%	8.84%
Growth Rate	-9.85%	-8.85%	-7.85%
Fair Value	$6.54	$7.64	$8.66
Upside / Downside	-71.82%	-67.08%	-62.70%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	8,802.15	8,022.80	7,312.46	6,665.00	6,074.88	5,537.00	5,703.11
Payout Ratio	51.83%	59.47%	67.10%	74.73%	82.37%	90.00%	92.50%
Projected Dividends (M)	4,562.33	4,770.81	4,906.60	4,980.94	5,003.66	4,983.30	5,275.38

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.84%	8.84%	8.84%
Growth Rate	-9.85%	-8.85%	-7.85%
Year 1 PV (M)	4,335.18	4,383.27	4,431.36
Year 2 PV (M)	4,051.46	4,141.84	4,233.23
Year 3 PV (M)	3,737.30	3,863.06	3,991.61
Year 4 PV (M)	3,411.53	3,565.45	3,724.51
Year 5 PV (M)	3,087.41	3,262.50	3,445.44
PV of Terminal Value (M)	55,953.37	59,126.49	62,441.95
Equity Value (M)	74,576.25	78,342.60	82,268.10
Shares Outstanding (M)	5,189.18	5,189.18	5,189.18
Fair Value	$14.37	$15.10	$15.85
Upside / Downside	-38.11%	-34.98%	-31.72%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 90 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
688267.SS	China Catalyst Holding Co., Ltd.	1.26%	$0.35	34.87%
8848.T	Leopalace21 Corporation	1.26%	$8.31	27.11%
BAUH4.SA	Excelsior Alimentos S.A.	1.26%	$1.17	21.88%
CAST.ST	Castellum AB (publ)	1.26%	$1.33	21.53%
CRH	CRH plc	1.26%	$1.60	33.62%
HBEL.BO	Humming Bird Education Limited	1.26%	$0.30	36.54%
JCI	Johnson Controls International plc	1.26%	$1.54	56.71%
KOG.OL	Kongsberg Gruppen ASA	1.26%	$3.40	42.40%
OEM-B.ST	OEM International AB (publ)	1.26%	$1.74	40.26%
SAREGAMA.BO	Saregama India Limited	1.26%	$4.51	42.77%
SDPC.JK	PT Millennium Pharmacon International Tbk	1.26%	$2.00	15.16%
002448.SZ	ZYNP Corporation	1.25%	$0.16	32.06%
0QLU.L	Basler Kantonalbank	1.25%	$1.11	12.42%
145720.KS	Dentium Co. Ltd.	1.25%	$599.51	9.81%
204320.KS	Mando Corporation	1.25%	$820.37	29.46%
3684.TWO	Grand-Tek Technology Co., Ltd.	1.25%	$0.80	29.94%
5819.KL	Hong Leong Bank Berhad	1.25%	$0.28	13.43%
600633.SS	Zhejiang Daily Digital Culture Group Co.,Ltd.	1.25%	$0.16	35.54%
600850.SS	CETC Digital Technology Co.,Ltd.	1.25%	$0.37	49.83%
603329.SS	Shanghai Ace Investment & Development Co., Ltd.	1.25%	$0.14	79.14%
603920.SS	Olympic Circuit Technology Co., Ltd	1.25%	$0.61	53.40%
6632.T	JVCKENWOOD Corporation	1.25%	$15.03	12.26%
9717.T	JASTEC Co., Ltd.	1.25%	$24.25	22.00%
9719.T	SCSK Corporation	1.25%	$70.95	36.13%
ENTER.AT	Entersoft S.A.	1.25%	$0.10	20.30%
ETN	Eaton Corporation plc	1.25%	$4.08	40.54%
IRFC.BO	Indian Railway Finance Corporation Limited	1.25%	$1.60	30.59%
LVC.WA	LiveChat Software S.A.	1.25%	$1.46	20.71%
ORSTED.CO	Ørsted A/S	1.25%	$1.60	10.19%
000514.SZ	Chongqing Yukaifa Co., Ltd	1.24%	$0.06	55.20%
002346.SZ	Shanghai Zhezhong Group Co.,Ltd	1.24%	$0.25	18.48%
002748.SZ	Jiangxi Selon Industrial Co., Ltd.	1.24%	$0.16	89.09%
1976.T	MEISEI INDUSTRIAL Co.,Ltd.	1.24%	$21.03	12.53%
300763.SZ	Ginlong Technologies Co., Ltd.	1.24%	$0.88	39.17%
600871.SS	Sinopec Oilfield Service Corporation	1.24%	$0.03	81.02%
603585.SS	Suli Co., Ltd.	1.24%	$0.23	35.70%
605116.SS	Aurisco Pharmaceutical Co.,Ltd.	1.24%	$0.31	29.49%
ALWED.PA	Wedia S.A.	1.24%	$0.38	21.38%
MNC.WA	Mennica Polska S.A.	1.24%	$0.60	6.22%
MTHH.CO	MT Højgaard Holding A/S	1.24%	$6.49	19.74%
WALL-B.ST	Wallenstam AB (publ)	1.24%	$0.51	17.40%
WRT1V.HE	Wärtsilä Oyj Abp	1.24%	$0.38	40.46%
041830.KQ	InBody Co.,Ltd	1.23%	$400.00	16.47%
0QHK.L	SeSa S.p.A.	1.23%	$1.12	27.54%
0Y5C.L	Allegion plc	1.23%	$1.99	26.83%
300726.SZ	Zhuzhou Hongda Electronics Corp.,Ltd.	1.23%	$0.63	74.98%
300916.SZ	Shenzhen Longtech Smart Control Co., Ltd.	1.23%	$0.40	42.79%
4148.TW	All Cosmos Bio-Tech Holding Corporation	1.23%	$0.48	23.21%
544.SI	CSE Global Limited	1.23%	$0.01	26.84%
600104.SS	SAIC Motor Corporation Limited	1.23%	$0.19	75.02%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Anhui Conch Cement Company Limited (600585.SS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener