Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Binhai Investment Company Limited (2886.HK)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$57.13 - $67.31$63.08
Multi-Stage$12.02 - $13.16$12.58
Blended Fair Value$37.83
Current Price$1.03
Upside3,572.73%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.13%7.85%0.050.100.090.080.030.040.050.040.040.03
YoY Growth---52.15%11.11%13.92%159.87%-22.22%-18.18%10.00%0.00%37.36%40.69%
Dividend Yield--4.11%6.87%5.67%4.94%2.53%2.65%3.78%2.40%2.15%1.28%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)462.77
(-) Cash Dividends Paid (M)169.13
(=) Cash Retained (M)293.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)92.5557.8534.71
Cash Retained (M)293.64293.64293.64
(-) Cash Required (M)-92.55-57.85-34.71
(=) Excess Retained (M)201.09235.79258.93
(/) Shares Outstanding (M)1,367.331,367.331,367.33
(=) Excess Retained per Share0.150.170.19
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share0.150.170.19
(=) Adjusted Dividend0.270.300.31
WACC / Discount Rate5.91%5.91%5.91%
Growth Rate5.50%6.50%7.50%
Fair Value$57.13$63.08$67.31
Upside / Downside5,446.54%6,024.03%6,434.76%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)462.77492.85524.88559.00595.33634.03653.05
Payout Ratio36.55%47.24%57.93%68.62%79.31%90.00%92.50%
Projected Dividends (M)169.13232.81304.05383.58472.15570.63604.07

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.91%5.91%5.91%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)217.75219.82221.88
Year 2 PV (M)266.01271.07276.19
Year 3 PV (M)313.88322.89332.07
Year 4 PV (M)361.38375.28389.57
Year 5 PV (M)408.51428.24448.73
PV of Terminal Value (M)14,866.6615,584.7316,330.28
Equity Value (M)16,434.2017,202.0317,998.72
Shares Outstanding (M)1,367.331,367.331,367.33
Fair Value$12.02$12.58$13.16
Upside / Downside1,066.91%1,121.43%1,178.00%

High-Yield Dividend Screener

« Prev Page 95 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
9753.TIX Knowledge Incorporated1.10%$14.889.61%
AVT-B.STAVTECH Sweden AB (publ)1.10%$0.1032.56%
CDA.AXCodan Limited1.10%$0.3231.38%
IDNTT.MIId-Entity Sa1.10%$0.0311.47%
KGP.LKingspan Group plc1.10%$0.8012.81%
SHUL3.SASchulz S.A.1.10%$0.3144.56%
UPR.IRUniphar plc1.10%$0.049.04%
ZEEL.BOZee Entertainment Enterprises Limited1.10%$1.0016.79%
001250.KSGS Global Corp.1.09%$25.084.73%
002429.SZShenzhen MTC Co., Ltd.1.09%$0.0829.88%
002953.SZGuangdong Rifeng Electric Cable Co., Ltd.1.09%$0.1232.59%
300319.SZShenzhen Microgate Technology Co., Ltd.1.09%$0.1333.08%
300674.SZYusys Technologies Co., Ltd.1.09%$0.2646.66%
300783.SZThree Squirrels Inc.1.09%$0.2544.60%
4091.TNippon Sanso Holdings Corporation1.09%$51.0120.63%
600707.SSCaihong Display Devices Co.,Ltd.1.09%$0.0764.77%
601890.SSAsian Star Anchor Chain Co., Ltd. Jiangsu1.09%$0.1135.99%
6259.TWOBull Will Co., Ltd.1.09%$0.2054.01%
6503.TMitsubishi Electric Corporation1.09%$50.1726.33%
6803.TTeac Corporation1.09%$1.0113.81%
9119.TIino Kaiun Kaisha, Ltd.1.09%$15.5011.01%
SKAN.SWSKAN Group AG1.09%$0.5826.70%
SWID.JKPT Saraswanti Indoland Development Tbk1.09%$1.4921.40%
003610.KSPangrim Co., Ltd.1.08%$61.3781.78%
1SXP.FSCHOTT Pharma AG & Co. KGaA1.08%$0.1616.41%
4464.TSOFT99corporation1.08%$43.4331.92%
600547.SSShandong Gold Mining Co., Ltd.1.08%$0.4239.93%
600796.SSZhejiang Qianjiang Biochemical Co., Ltd1.08%$0.0731.17%
601888.SSChina Tourism Group Duty Free Corporation Limited1.08%$1.0261.99%
605005.SSCWB Automotive Electronics Co., Ltd.1.08%$0.2137.31%
605305.SSFicont Industry (Beijing) Co., Ltd.1.08%$0.4518.57%
CLEO.JKPT Sariguna Primatirta Tbk1.08%$5.0213.26%
LAGR-B.STLagercrantz Group AB (publ)1.08%$2.1941.29%
TGLSTecnoglass Inc.1.08%$0.5614.58%
002008.SZHan's Laser Technology Industry Group Co., Ltd.1.07%$0.4440.28%
002202.SZGoldwind Science&Technology Co., Ltd.1.07%$0.2234.44%
028260.KSSamsung C&T Corporation1.07%$2,611.0020.13%
300824.SZShenzhen Crastal Technology Co.,Ltd1.07%$0.1234.67%
300988.SZTianJin JinRong TianYu Precision Machinery Inc.1.07%$0.2433.20%
4063.TShin-Etsu Chemical Co., Ltd.1.07%$51.9920.10%
600106.SSChongqing road & bridge co.,ltd1.07%$0.0738.79%
603628.SSClenergy Technology Co., Ltd.1.07%$0.1443.21%
605333.SSKunshan Huguang Auto Harness Co.,Ltd.1.07%$0.3222.66%
688075.SSAssure Tech (Hangzhou) Co., Ltd.1.07%$0.4243.69%
ALKER.PAMedia-Maker S.p.A.1.07%$0.011.99%
HEM.STHemnet Group AB (publ)1.07%$1.7029.97%
JIM.LJarvis Securities plc1.07%$0.1268.74%
LIPR3.SAEletrobras Participações S.A. - Eletropar1.07%$0.3918.20%
LTIM.BOLTIMindtree Limited1.07%$64.9139.55%
002085.SZZhejiang Wanfeng Auto Wheel Co., Ltd.1.06%$0.1744.04%