Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Posco Dx Company Ltd. (022100.KQ)

Company Dividend Discount ModelIndustry: Information Technology ServicesSector: Technology

Valuation Snapshot

Stable Growth$19,380.03 - $102,139.79$38,700.55
Multi-Stage$10,828.50 - $11,844.57$11,327.25
Blended Fair Value$25,013.90
Current Price$54,000.00
Upside-53.68%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.87%11.59%100.0074.9949.9950.2550.3449.9975.0751.330.1617.71
YoY Growth--33.35%50.00%-0.51%-0.18%0.69%-33.40%46.26%32,183.05%-99.10%-46.98%
Dividend Yield--0.19%0.14%0.53%0.81%0.68%1.31%1.26%0.66%0.00%0.36%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)77,974.45
(-) Cash Dividends Paid (M)19,176.78
(=) Cash Retained (M)58,797.67
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)15,594.899,746.815,848.08
Cash Retained (M)58,797.6758,797.6758,797.67
(-) Cash Required (M)-15,594.89-9,746.81-5,848.08
(=) Excess Retained (M)43,202.7849,050.8752,949.59
(/) Shares Outstanding (M)151.82151.82151.82
(=) Excess Retained per Share284.56323.08348.76
LTM Dividend per Share126.31126.31126.31
(+) Excess Retained per Share284.56323.08348.76
(=) Adjusted Dividend410.87449.39475.07
WACC / Discount Rate7.74%7.74%7.74%
Growth Rate5.50%6.50%7.50%
Fair Value$19,380.03$38,700.55$102,139.79
Upside / Downside-64.11%-28.33%89.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)77,974.4583,042.7988,440.5794,189.21100,311.51106,831.76110,036.71
Payout Ratio24.59%37.67%50.76%63.84%76.92%90.00%92.50%
Projected Dividends (M)19,176.7831,286.3244,889.0860,128.0177,158.3496,148.58101,783.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.74%7.74%7.74%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)28,766.9529,039.6229,312.29
Year 2 PV (M)37,950.6538,673.5139,403.18
Year 3 PV (M)46,740.6448,082.4049,449.59
Year 4 PV (M)55,149.3057,270.1959,451.67
Year 5 PV (M)63,188.6866,240.7269,409.57
PV of Terminal Value (M)1,412,219.651,480,430.381,551,251.71
Equity Value (M)1,644,015.881,719,736.821,798,278.00
Shares Outstanding (M)151.82151.82151.82
Fair Value$10,828.50$11,327.25$11,844.57
Upside / Downside-79.95%-79.02%-78.07%

High-Yield Dividend Screener

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