Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

NAVER Corporation (035420.KS)

Company Dividend Discount ModelIndustry: Internet Content & InformationSector: Communication Services

Valuation Snapshot

Stable Growth$134,235.79 - $209,864.45$169,038.09
Multi-Stage$108,541.32 - $118,331.13$113,348.98
Blended Fair Value$141,193.54
Current Price$262,500.00
Upside-46.21%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS20.49%18.46%772.68405.211,385.58388.24356.84304.32275.80211.58208.66149.64
YoY Growth--90.69%-70.76%256.89%8.80%17.26%10.34%30.35%1.40%39.44%5.36%
Dividend Yield--0.40%0.21%0.69%0.11%0.09%0.18%0.22%0.13%0.12%0.12%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,987,895.58
(-) Cash Dividends Paid (M)168,436.67
(=) Cash Retained (M)1,819,458.91
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)397,579.12248,486.95149,092.17
Cash Retained (M)1,819,458.911,819,458.911,819,458.91
(-) Cash Required (M)-397,579.12-248,486.95-149,092.17
(=) Excess Retained (M)1,421,879.801,570,971.961,670,366.74
(/) Shares Outstanding (M)153.99153.99153.99
(=) Excess Retained per Share9,233.6510,201.8510,847.31
LTM Dividend per Share1,093.821,093.821,093.82
(+) Excess Retained per Share9,233.6510,201.8510,847.31
(=) Adjusted Dividend10,327.4711,295.6711,941.13
WACC / Discount Rate13.62%13.62%13.62%
Growth Rate5.50%6.50%7.50%
Fair Value$134,235.79$169,038.09$209,864.45
Upside / Downside-48.86%-35.60%-20.05%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,987,895.582,117,108.792,254,720.862,401,277.722,557,360.772,723,589.222,805,296.90
Payout Ratio8.47%24.78%41.08%57.39%73.69%90.00%92.50%
Projected Dividends (M)168,436.67524,587.62926,326.561,378,075.171,884,637.382,451,230.302,594,899.63

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate13.62%13.62%13.62%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)457,381.75461,717.12466,052.49
Year 2 PV (M)704,183.25717,595.97731,135.21
Year 3 PV (M)913,387.94939,608.03966,325.16
Year 4 PV (M)1,089,108.011,130,992.031,174,072.65
Year 5 PV (M)1,235,060.011,294,713.871,356,650.82
PV of Terminal Value (M)12,315,048.1012,909,869.5313,527,456.17
Equity Value (M)16,714,169.0617,454,496.5418,221,692.51
Shares Outstanding (M)153.99153.99153.99
Fair Value$108,541.32$113,348.98$118,331.13
Upside / Downside-58.65%-56.82%-54.92%

High-Yield Dividend Screener

Page 1 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ATOM3.SAAtom Empreendimentos e Participações S.A.19.90%$0.5871.92%
3698.HKHuishang Bank Corporation Limited19.56%$0.6428.80%
SVAV.MESollers Public Joint Stock Company19.34%$110.6440.44%
0536.HKTradelink Electronic Commerce Limited19.33%$0.2086.09%
3658.HKNew Hope Service Holdings Limited19.28%$0.3766.51%
0123.HKYuexiu Property Company Limited19.19%$0.7790.88%
0N7I.LCairo Communication S.p.A.19.19%$0.3654.94%
1798.HKChina Datang Corporation Renewable Power Co., Limited19.01%$0.4063.00%
LBS.TOLife & Banc Split Corp.19.00%$2.2540.31%
HMSB.DEH & M Hennes & Mauritz AB (publ)18.98%$3.2647.98%
0608.HKHigh Fashion International Limited18.79%$0.3150.08%
0U8N.LCredicorp Ltd.18.72%$53.8266.14%
CAASChina Automotive Systems, Inc.18.61%$0.8072.30%
KRSB.MEPJSC Krasnoyarskenergosbyt18.38%$4.0782.55%
1127.HKLion Rock Group Limited18.37%$0.2547.23%
HAVAS.ASHavas S.A.18.35%$3.1490.23%
1480.HKYan Tat Group Holdings Limited18.33%$0.2249.33%
NA-PC.TONational Bank of Canada18.32%$4.9348.59%
1412.HKQ P Group Holdings Limited18.24%$0.2973.74%
FVJ.FFortescue Metals Group Limited18.16%$2.2776.64%
YATO.MCAtom Hoteles SOCIMI, S.A.18.06%$2.8568.99%
0327.HKPAX Global Technology Limited17.98%$0.9261.66%
1MO.FHello Group Inc.17.92%$1.0440.52%
PIN.BKPinthong Industrial Park Public Company Limited17.92%$0.7680.79%
1883.HKCITIC Telecom International Holdings Limited17.86%$0.4487.51%
6896.HKGolden Throat Holdings Group Company Limited17.79%$0.5576.14%
VOT.WAVotum S.A.17.65%$8.1559.83%
ALTUR.PAAltur Investissement SCA, SCR17.58%$1.9337.11%
O7F1.FOdfjell SE17.55%$1.7873.02%
2219.HKChaoju Eye Care Holdings Limited17.38%$0.4784.16%
001390.KSKG Chemical Corporation17.24%$884.5197.69%
2360.HKBest Mart 360 Holdings Limited17.23%$0.3582.20%
ALSAS.PAStradim Espace Finances S.A.17.16%$0.8055.65%
9615.SRMufeed Company17.11%$5.3935.54%
LPPF.JKPT Matahari Department Store Tbk17.09%$300.0082.85%
0LNT.LFugro N.V.17.06%$1.5239.50%
0458.HKTristate Holdings Limited17.02%$0.3133.15%
2283.HKTK Group (Holdings) Limited16.99%$0.4372.10%
1263.HKPC Partner Group Limited16.85%$0.9063.10%
2603.TWEvergreen Marine Corporation (Taiwan) Ltd.16.83%$32.4977.53%
ALHRG.PAHerige16.78%$3.6697.55%
TD-PFJ.TOThe Toronto-Dominion Bank NCUM 5Y PFD SR1816.67%$4.3836.07%
S7MB.BESecuritas AB (publ)16.59%$2.2523.09%
1184.HKS.A.S. Dragon Holdings Limited16.56%$0.7552.32%
PBR-APetróleo Brasileiro S.A. - Petrobras16.54%$1.8786.52%
VRLA.PAVerallia S.A.16.47%$3.8397.79%
6668.HKE-Star Commercial Management Company Limited16.42%$0.2372.71%
0098.HKXingfa Aluminium Holdings Limited16.13%$1.1729.94%
ING.AXInghams Group Limited16.09%$0.4179.67%
1234.HKChina Lilang Limited16.04%$0.5466.61%