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Definitive Analysis

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Page: Dividend Discount Model

Lion Rock Group Limited

Ticker: 1127.HK | Industry: Specialty Business Services | Sector: Industrials
$1.32 -0.02 (-1.49%)
As of: 2026-01-23

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Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$9.82 - $23.55$14.32
Multi-Stage DDM$3.99 - $4.36$4.17
Blended Fair Value$9.25
Stock Price$1.38

Dividend History (Last 10 Years)

Metric2024202320222021202020192018201720162015
DPS0.1240.1280.0890.0790.0400.1000.0950.0900.0700.070
YoY %-3.45%43.99%11.89%98.24%-59.92%5.26%5.56%28.57%0.00%7.69%
Yield8.956%9.276%6.442%5.758%2.904%7.246%6.884%6.522%5.072%5.072%

CAGRValue
5 Year4.33%
10 Year6.64%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth5.50% to 7.50%6.50%
WACC9.26%9.26%
Fair Value$9.82 - $23.55$14.32

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income214.41214.41214.41
(=) Cash Required42.8826.8016.08
Cash Retained214.41214.41214.41
(-) Cash Required-42.88-26.80-16.08
(=) Excess Retained171.52187.61198.33
(/) Shares Outstanding758,560,000758,560,000758,560,000
(=) Excess Retained per Share0.230.250.26
LTM Dividend per Share0.1240.1240.124
(+) Excess Retained per Share0.230.250.26
(=) Adjusted Dividend0.3500.3710.385

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income214.41228.34243.18258.99275.83293.75
Payout Ratio43.7%25.0%41.0%57.0%73.0%90.0%
Projected Dividends93.7657.0999.71147.63201.35264.38

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV54.1054.6155.13
Year 2 PV85.6787.3188.95
Year 3 PV115.01118.31121.68
Year 4 PV142.23147.70153.32
Year 5 PV169.32177.50185.99
TV PV2,457.002,575.672,698.89
Equity Value3,023.333,161.103,303.96
Fair Value$3.99$4.17$4.36
Stock Price$1.38$1.38$1.38

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