Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Howteh Technology Co., Ltd. (3114.TWO)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$17.62 - $25.74$21.54
Multi-Stage$31.29 - $34.34$32.79
Blended Fair Value$27.17
Current Price$24.20
Upside12.25%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS0.03%0.00%1.201.250.811.090.861.200.460.380.610.00
YoY Growth---4.00%53.11%-25.00%26.60%-28.22%160.00%20.00%-37.50%0.00%0.00%
Dividend Yield--4.78%4.51%3.12%4.43%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)152.40
(-) Cash Dividends Paid (M)78.16
(=) Cash Retained (M)74.25
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)30.4819.0511.43
Cash Retained (M)74.2574.2574.25
(-) Cash Required (M)-30.48-19.05-11.43
(=) Excess Retained (M)43.7755.2062.82
(/) Shares Outstanding (M)65.2565.2565.25
(=) Excess Retained per Share0.670.850.96
LTM Dividend per Share1.201.201.20
(+) Excess Retained per Share0.670.850.96
(=) Adjusted Dividend1.872.042.16
WACC / Discount Rate8.39%8.39%8.39%
Growth Rate-2.00%-1.00%0.00%
Fair Value$17.62$21.54$25.74
Upside / Downside-27.19%-10.99%6.38%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)152.40150.88149.37147.88146.40144.93149.28
Payout Ratio51.28%59.03%66.77%74.51%82.26%90.00%92.50%
Projected Dividends (M)78.1689.0699.73110.19120.42130.44138.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.39%8.39%8.39%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)81.3382.1682.99
Year 2 PV (M)83.1884.8986.61
Year 3 PV (M)83.9386.5289.17
Year 4 PV (M)83.7787.2490.82
Year 5 PV (M)82.8787.1891.68
PV of Terminal Value (M)1,626.901,711.621,799.83
Equity Value (M)2,041.982,139.622,241.10
Shares Outstanding (M)65.2565.2565.25
Fair Value$31.29$32.79$34.34
Upside / Downside29.31%35.49%41.92%

High-Yield Dividend Screener

« Prev Page 92 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
025860.KSNamhae Chemical Corporation1.19%$80.0414.89%
1811.HKCGN New Energy Holdings Co., Ltd.1.19%$0.0326.78%
2834.TWTaiwan Business Bank, Ltd.1.19%$0.1915.08%
300228.SZZhangjiagang Furui Special Equipment Co., Ltd.1.19%$0.1226.55%
301603.SZJirfine Intelligent Equipment Co Ltd1.19%$0.9032.78%
CBChubb Limited1.19%$3.6915.38%
CEU.TOCES Energy Solutions Corp.1.19%$0.1518.25%
DMR.BODMR Engineering Limited1.19%$0.543.40%
NVGSNavigator Holdings Ltd.1.19%$0.2113.24%
000811.SZMoon Environment Technology Co.,Ltd.1.18%$0.2237.00%
002394.SZJiangsu Lianfa Textile Co.,Ltd1.18%$0.1918.15%
0N5I.Ladesso SE1.18%$1.0353.71%
300446.SZAerospace Intelligent Manufacturing Technology Co., Ltd.1.18%$0.3028.00%
300685.SZAmoy Diagnostics Co., Ltd.1.18%$0.2432.27%
4733.TOBIC Business Consultants Co., Ltd.1.18%$100.0244.69%
600839.SSSichuan Changhong Electric Co.,Ltd.1.18%$0.1136.18%
603708.SSJiajiayue Group Co., Ltd.1.18%$0.1457.83%
IDUN-B.STIdun Industrier AB (publ)1.18%$4.0996.91%
000821.SZJ.S. Corrugating Machinery Co., Ltd.1.17%$0.1635.09%
000938.SZUnisplendour Corporation Limited1.17%$0.2958.81%
002454.SZSongz Automobile Air Conditioning Co., Ltd.1.17%$0.1030.68%
002675.SZYantai Dongcheng Pharmaceutical Group Co.,Ltd.1.17%$0.1679.89%
200670.KQHumedix Co., Ltd.1.17%$480.838.97%
600380.SSJoincare Pharmaceutical Group Industry Co.,Ltd.1.17%$0.1418.16%
603687.SSZhejiang Great Shengda Packaging Co.,Ltd.1.17%$0.1152.97%
603868.SSShanghai Flyco Electrical Appliance Co., Ltd.1.17%$0.5149.15%
605020.SSZhejiang Yonghe Refrigerant Co., Ltd.1.17%$0.3228.04%
6895.TWOWave Power Technology Inc.1.17%$2.3059.81%
7583.TWOInternational Ocean Group1.17%$0.8213.23%
ENGCON-B.STengcon AB (publ)1.17%$0.9766.07%
KGX.DEKion Group AG1.17%$0.8239.55%
KTMS.BKKt Medical Service Public Company Limited1.17%$0.0217.07%
ORI-R.BKOrigin Property Public Company Limited1.17%$0.029.09%
TIH.TOToromont Industries Ltd.1.17%$1.9632.92%
000407.SZShandong Shengli Co., Ltd.1.16%$0.0640.12%
001318.SZJiangxi Sunshine Dairy Co., Ltd.1.16%$0.1843.68%
002696.SZBaiyang Investment Group, Inc.1.16%$0.0852.38%
002825.SZShanghai NAR Industrial Co., Ltd1.16%$0.1327.19%
002947.SZSuzhou Hengmingda Electronic Technology Co., Ltd.1.16%$0.6027.09%
009450.KSKyung Dong Navien Co., Ltd.1.16%$650.007.73%
075580.KSSejin Heavy Industries Co., Ltd.1.16%$199.3628.86%
0R15.LSoftBank Group Corp.1.16%$50.854.17%
300127.SZChengdu Galaxy Magnets Co.,Ltd.1.16%$0.3563.58%
300259.SZSuntront Technology Co., Ltd.1.16%$0.0524.87%
301131.SZSuper-Dragon Engineering Plastics Co., Ltd1.16%$0.5664.43%
3692.HKHansoh Pharmaceutical Group Company Limited1.16%$0.4226.44%
4373.TSimplex Holdings, Inc.1.16%$12.1428.57%
601899.SSZijin Mining Group Company Limited1.16%$0.4023.72%
603101.SSXinjiang Winka Times Department Store Co.,Ltd.1.16%$0.1158.89%
603530.SSJiangsu Shemar Electric Co.,Ltd1.16%$0.4854.08%