Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Isotope & Radiation Corporation (1763.HK)

Company Dividend Discount ModelIndustry: Medical - DevicesSector: Healthcare

Valuation Snapshot

Stable Growth$36.81 - $66.77$49.28
Multi-Stage$44.92 - $49.22$47.03
Blended Fair Value$48.16
Current Price$13.54
Upside255.65%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.23%0.00%0.390.440.380.180.140.310.280.551.000.00
YoY Growth---12.53%16.62%109.60%29.80%-55.67%10.74%-49.02%-44.35%0.00%0.00%
Dividend Yield--3.78%3.74%3.20%1.01%0.62%1.67%2.08%3.32%5.54%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)822.71
(-) Cash Dividends Paid (M)264.28
(=) Cash Retained (M)558.43
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)164.54102.8461.70
Cash Retained (M)558.43558.43558.43
(-) Cash Required (M)-164.54-102.84-61.70
(=) Excess Retained (M)393.89455.59496.72
(/) Shares Outstanding (M)319.87319.87319.87
(=) Excess Retained per Share1.231.421.55
LTM Dividend per Share0.830.830.83
(+) Excess Retained per Share1.231.421.55
(=) Adjusted Dividend2.062.252.38
WACC / Discount Rate7.95%7.95%7.95%
Growth Rate2.23%3.23%4.23%
Fair Value$36.81$49.28$66.77
Upside / Downside171.88%263.97%393.10%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)822.71849.32876.79905.14934.42964.64993.58
Payout Ratio32.12%43.70%55.27%66.85%78.42%90.00%92.50%
Projected Dividends (M)264.28371.14484.63605.08732.81868.17919.06

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.95%7.95%7.95%
Growth Rate2.23%3.23%4.23%
Year 1 PV (M)340.48343.81347.14
Year 2 PV (M)407.87415.89423.99
Year 3 PV (M)467.18481.02495.14
Year 4 PV (M)519.06539.67560.89
Year 5 PV (M)564.14592.28621.52
PV of Terminal Value (M)12,068.6812,670.5813,296.27
Equity Value (M)14,367.4115,043.2615,744.95
Shares Outstanding (M)319.87319.87319.87
Fair Value$44.92$47.03$49.22
Upside / Downside231.73%247.33%263.53%

High-Yield Dividend Screener

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