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My 3 Favorite Asian Large Cap Dividend Stocks with Cheap P/Es
Posted by: Dividend (IP Logged)
Date: April 19, 2013 10:24AM

Dividends are popular and Asian stocks too. A combination of both is not a guarantee for a great return but it brings more ideas to you and your thoughts broaden when you see how Asian stocks are priced.

Today I screen some of the best-yielding Asian stocks with a listing in the U.S. American Depositary Receipts is the correct title. They do not include all top-yielding stocks from Asia, but ADRs have a better volume and need to fulfill the SEC requirements. A full compilation of the top dividend stocks from Asia can be found in my weekly published PDF Dividend Weekly. The book covers over 1,000 dividend-paying shares and is completely free.

My criteria:

- Market Capitalization over USD10 billion
- Positive Dividend Yield
- Forward P/E below 15

Nineteen stocks fulfilled the mentioned criteria of which 13 have a current buy or better recommendation. Telecoms and oil stocks are dominating the screen.

Here are my favorite stocks:

China Mobile (CHL) has a market capitalization of $209.81 billion. The company employs 182,487 people, generates revenue of $90.665 billion and has a net income of $20.931 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $40.678 billion. The EBITDA margin is 44.87 percent (the operating margin is 26.86 percent and the net profit margin 23.09 percent).

Financial Analysis: The total debt represents 0.48 percent of the company’s assets and the total debt in relation to the equity amounts to 0.70 percent. Due to the financial situation, a return on equity of 18.84 percent was realized. Twelve trailing months earnings per share reached a value of $5.15. Last fiscal year, the company paid $2.76 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 10.14, the P/S ratio is 2.32 and the P/B ratio is finally 1.79. The dividend yield amounts to 4.21 percent and the beta ratio has a value of 0.37.

CNOOC Limited (CEO) has a market capitalization of $76.93 billion. The company employs 10,063 people, generates revenue of $40.061 billion and has a net income of $10.304 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $18.969 billion. The EBITDA margin is 47.35 percent (the operating margin is 35.19 percent and the net profit margin 25.72 percent).

Financial Analysis: The total debt represents 12.69 percent of the company’s assets and the total debt in relation to the equity amounts to 18.69 percent. Due to the financial situation, a return on equity of 22.24 percent was realized. Twelve trailing months earnings per share reached a value of $23.03. Last fiscal year, the company paid $6.17 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 7.48, the P/S ratio is 1.92 and the P/B ratio is finally 1.53. The dividend yield amounts to 3.52 percent and the beta ratio has a value of 1.28.

China Telecom (CHA) has a market capitalization of $37.75 billion. The company employs 305,676 people, generates revenue of $45.796 billion and has a net income of $2.433 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $12.051 billion. The EBITDA margin is 26.32 percent (the operating margin is 7.48 percent and the net profit margin 5.31 percent).

Financial Analysis: The total debt represents 18.31 percent of the company’s assets and the total debt in relation to the equity amounts to 37.65 percent. Due to the financial situation, a return on equity of 5.73 percent was realized. Twelve trailing months earnings per share reached a value of $2.99. Last fiscal year, the company paid $1.12 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 15.61, the P/S ratio is 0.83 and the P/B ratio is finally 0.88. The dividend yield amounts to 2.35 percent and the beta ratio has a value of 0.80.

Take a closer look at the full list of the best yielding Asian dividend stocks with chap price ratios. The average P/E ratio amounts to 16.90 and forward P/E ratio is 10.85. The dividend yield has a value of 2.37 percent. Price to book ratio is 1.80 and price to sales ratio 1.78. The operating margin amounts to 12.58 percent and the beta ratio is 1.01. Stocks from the list have an average debt to equity ratio of 0.93.

Related stock ticker symbols:
CEO, SKM, NTT, CHL, PTR, PHI, SNP, HMC, MTU, TSM, CHA, SNE, PC, TTM, INFY, TM, LFC, PKX, HNP

Selected Articles:
· 5 Canadian And 7 American Stocks With More Than 100 Years Of Dividend Payments
· The Best Growing Foreign Dividend Stocks
· 13 Safest Foreign Dividend Stocks
· 20 Best Yielding Canadian Stocks With Buy Rating

*If you would like to receive more dividend stock ideas and the free Dividend Weekly, you should subscribe to my free e-mail list. Alternatively, you can follow me on Facebook or Twitter.

Large-capitalized stocks with low forward P/Es and good dividends originally published at long-term-investments.blogspot.com.


Stocks Discussed: CEO, SKM, NTT, CHL, PTR, PHI, SNP, HMC, MTU, TSM, CHA, SNE, PC,
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