Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Chen Hsong Holdings Limited (0057.HK)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$69.47 - $81.89$76.72
Multi-Stage$45.08 - $49.56$47.28
Blended Fair Value$62.00
Current Price$1.82
Upside3,306.64%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS3.25%5.40%0.090.100.160.170.100.080.080.090.050.05
YoY Growth---14.56%-36.02%-3.59%67.00%33.33%-6.25%-9.09%69.23%4.00%-3.85%
Dividend Yield--5.83%7.74%8.66%7.20%4.13%4.24%2.84%3.86%2.48%3.16%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)265.38
(-) Cash Dividends Paid (M)120.43
(=) Cash Retained (M)144.95
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)53.0833.1719.90
Cash Retained (M)144.95144.95144.95
(-) Cash Required (M)-53.08-33.17-19.90
(=) Excess Retained (M)91.87111.78125.05
(/) Shares Outstanding (M)630.53630.53630.53
(=) Excess Retained per Share0.150.180.20
LTM Dividend per Share0.190.190.19
(+) Excess Retained per Share0.150.180.20
(=) Adjusted Dividend0.340.370.39
WACC / Discount Rate1.51%1.51%1.51%
Growth Rate3.17%4.17%5.17%
Fair Value$69.47$76.72$81.89
Upside / Downside3,717.29%4,115.63%4,399.31%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)265.38276.44287.96299.96312.46325.48335.25
Payout Ratio45.38%54.30%63.23%72.15%81.08%90.00%92.50%
Projected Dividends (M)120.43150.12182.07216.43253.33292.93310.10

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.51%1.51%1.51%
Growth Rate3.17%4.17%5.17%
Year 1 PV (M)146.46147.88149.30
Year 2 PV (M)173.31176.69180.10
Year 3 PV (M)201.00206.90212.91
Year 4 PV (M)229.54238.57247.86
Year 5 PV (M)258.96271.75285.05
PV of Terminal Value (M)27,413.3628,767.9530,175.57
Equity Value (M)28,422.6229,809.7431,250.80
Shares Outstanding (M)630.53630.53630.53
Fair Value$45.08$47.28$49.56
Upside / Downside2,376.77%2,497.65%2,623.22%

High-Yield Dividend Screener

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