Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

BOC International (China) Co. Ltd. (601696.SS)

Company Dividend Discount ModelIndustry: Financial - Capital MarketsSector: Financial Services

Valuation Snapshot

Stable Growth$2.22 - $3.09$2.65
Multi-Stage$8.83 - $9.79$9.30
Blended Fair Value$5.98
Current Price$14.36
Upside-58.38%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-11.64%-7.19%0.130.090.140.220.180.250.280.270.490.13
YoY Growth--41.69%-33.87%-35.84%25.13%-28.40%-10.91%2.16%-44.78%286.88%-54.72%
Dividend Yield--1.27%0.92%1.32%1.65%1.00%1.16%3.52%3.45%6.24%1.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,099.87
(-) Cash Dividends Paid (M)210.99
(=) Cash Retained (M)888.88
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)219.97137.4882.49
Cash Retained (M)888.88888.88888.88
(-) Cash Required (M)-219.97-137.48-82.49
(=) Excess Retained (M)668.91751.40806.39
(/) Shares Outstanding (M)2,787.082,787.082,787.08
(=) Excess Retained per Share0.240.270.29
LTM Dividend per Share0.080.080.08
(+) Excess Retained per Share0.240.270.29
(=) Adjusted Dividend0.320.350.37
WACC / Discount Rate5.40%5.40%5.40%
Growth Rate-7.74%-6.74%-5.74%
Fair Value$2.22$2.65$3.09
Upside / Downside-84.56%-81.53%-78.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,099.871,025.77956.66892.20832.09776.03799.31
Payout Ratio19.18%33.35%47.51%61.67%75.84%90.00%92.50%
Projected Dividends (M)210.99342.06454.51550.25631.03698.43739.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.40%5.40%5.40%
Growth Rate-7.74%-6.74%-5.74%
Year 1 PV (M)321.05324.53328.01
Year 2 PV (M)400.39409.12417.94
Year 3 PV (M)454.96469.91485.19
Year 4 PV (M)489.70511.28533.57
Year 5 PV (M)508.72536.89566.30
PV of Terminal Value (M)22,424.0423,665.9024,962.18
Equity Value (M)24,598.8625,917.6327,293.18
Shares Outstanding (M)2,787.082,787.082,787.08
Fair Value$8.83$9.30$9.79
Upside / Downside-38.54%-35.24%-31.81%

High-Yield Dividend Screener

Page 1 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ARDCAres Dynamic Credit Allocation Fund, Inc.19.91%$2.6577.10%
JGHNuveen Global High Income Fund19.71%$2.4870.08%
BSLBlackstone / GSO Senior Floating Rate Term Fund19.66%$2.6595.83%
RGTRoyce Global Value Trust, Inc.19.58%$2.5637.89%
AIKIAIkido Pharma Inc.19.55%$0.7010.85%
PFNPIMCO Income Strategy Fund II19.43%$1.4672.85%
JLSNuveen Mortgage and Income Fund19.40%$3.5384.31%
ACVVirtus Diversified Income & Convertible Fund19.28%$5.0772.66%
BGBBlackstone/GSO Strategic Credit Fund19.19%$2.2686.72%
PHKPIMCO High Income Fund19.11%$0.9386.61%
DTWDTE Energy Company JR SUB DB 2017 E19.03%$4.0887.19%
EMDWestern Asset Emerging Markets Debt Fund Inc.18.84%$2.0378.17%
SR-PASpire Inc.18.76%$4.5498.60%
SRVNXG Cushing Midstream Energy Fund18.74%$7.5366.75%
CIKCredit Suisse Asset Management Income Fund, Inc.18.41%$0.5282.82%
DHYCredit Suisse High Yield Bond Fund, Inc.18.39%$0.3788.67%
MNRMach Natural Resources LP18.30%$2.0689.28%
PFLPIMCO Income Strategy Fund18.22%$1.5484.57%
EADWells Fargo Advantage Funds - Allspring Income Opportunities Fund18.08%$1.2352.27%
SPESpecial Opportunities Fund, Inc.18.03%$2.6644.19%
AIFApollo Tactical Income Fund Inc.17.93%$2.6660.44%
GABThe Gabelli Equity Trust Inc.17.77%$1.0881.70%
HPFJohn Hancock Preferred Income Fund II17.73%$2.8678.50%
MPVBarings Participation Investors17.65%$2.9395.78%
GBABGuggenheim Taxable Municipal Bond & Investment Grade Debt Trust17.43%$2.5974.37%
TEITempleton Emerging Markets Income Fund17.42%$1.1464.65%
ISDPGIM High Yield Bond Fund, Inc.17.40%$2.5296.64%
HIXWestern Asset High Income Fund II Inc.17.39%$0.7396.11%
NXGNXG NextGen Infrastructure Income Fund17.31%$8.7983.58%
HPIJohn Hancock Preferred Income Fund17.11%$2.7976.40%
RCSPIMCO Strategic Income Fund, Inc.17.08%$1.0075.51%
DUKBDuke Energy Corporation 5.625%16.95%$4.1965.28%
FGBFirst Trust Specialty Finance and Financial Opportunities Fund16.75%$0.7050.91%
RQICohen & Steers Quality Income Realty Fund, Inc.16.75%$1.9287.08%
FPFFirst Trust Intermediate Duration Preferred & Income Fund16.57%$3.0970.83%
EVVEaton Vance Limited Duration Income Fund16.43%$1.6364.70%
AIZNAssurant, Inc. 5.25% Subordinat16.41%$3.2219.47%
NMLNeuberger Berman MLP and Energy Income Fund Inc.16.37%$1.4040.22%
PGPPIMCO Global StocksPLUS & Income Fund16.31%$1.5060.66%
CHWCalamos Global Dynamic Income Fund16.07%$1.2066.54%
BGYBlackRock Enhanced International Dividend Trust15.99%$0.9499.21%
GABBXGabelli Dividend Growth AAA15.98%$2.8540.22%
BDJBlackRock Enhanced Equity Dividend Trust15.90%$1.4972.30%
DSLDoubleLine Income Solutions Fund15.85%$1.7854.50%
PDTJohn Hancock Premium Dividend Fund15.76%$2.0162.66%
TSQTownsquare Media, Inc.15.55%$0.7970.58%
EODWells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund15.39%$0.9052.51%
LGILazard Global Total Return and Income Fund, Inc.15.37%$2.6882.52%
BSTZBlackRock Science and Technology Trust II15.35%$3.5465.39%
FPIFarmland Partners Inc.15.34%$1.4893.00%