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

Ticker

Industry

Sector

China Merchants Energy Shipping Co., Ltd. (601872.SS)

Company Dividend Discount ModelIndustry: Oil & Gas MidstreamSector: Energy

Valuation Snapshot

Stable Growth$19.60 - $89.02$34.36
Multi-Stage$12.37 - $13.50$12.93
Blended Fair Value$23.64
Current Price$8.88
Upside166.26%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS24.73%39.04%0.490.350.210.160.150.160.110.140.080.04
YoY Growth--39.80%67.25%28.07%6.04%-4.93%44.61%-21.10%85.06%87.89%125.52%
Dividend Yield--7.52%4.40%2.99%3.47%3.55%3.05%2.70%4.59%1.70%0.96%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,038.16
(-) Cash Dividends Paid (M)2,966.54
(=) Cash Retained (M)2,071.62
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,007.63629.77377.86
Cash Retained (M)2,071.622,071.622,071.62
(-) Cash Required (M)-1,007.63-629.77-377.86
(=) Excess Retained (M)1,063.991,441.851,693.76
(/) Shares Outstanding (M)8,035.128,035.128,035.12
(=) Excess Retained per Share0.130.180.21
LTM Dividend per Share0.370.370.37
(+) Excess Retained per Share0.130.180.21
(=) Adjusted Dividend0.500.550.58
WACC / Discount Rate8.20%8.20%8.20%
Growth Rate5.50%6.50%7.50%
Fair Value$19.60$34.36$89.02
Upside / Downside120.69%286.96%902.43%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,038.165,365.645,714.406,085.846,481.426,902.717,109.79
Payout Ratio58.88%65.11%71.33%77.55%83.78%90.00%92.50%
Projected Dividends (M)2,966.543,493.314,076.024,719.725,429.896,212.446,576.56

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.20%8.20%8.20%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)3,198.243,228.553,258.87
Year 2 PV (M)3,416.523,481.593,547.28
Year 3 PV (M)3,621.923,725.893,831.83
Year 4 PV (M)3,814.933,961.644,112.55
Year 5 PV (M)3,996.064,189.074,389.47
PV of Terminal Value (M)81,344.6985,273.6789,353.02
Equity Value (M)99,392.35103,860.41108,493.01
Shares Outstanding (M)8,035.128,035.128,035.12
Fair Value$12.37$12.93$13.50
Upside / Downside39.30%45.56%52.05%

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%