Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Mirae Asset Securities Co. Ltd. (006800.KS)

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

Valuation Snapshot

Stable Growth$58,126.60 - $208,010.34$96,573.55
Multi-Stage$53,648.88 - $58,856.63$56,203.91
Blended Fair Value$76,388.73
Current Price$21,450.00
Upside256.12%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-10.20%0.00%154.04211.54324.90227.72315.84263.77213.7044.46258.497.08
YoY Growth---27.18%-34.89%42.68%-27.90%19.74%23.43%380.68%-82.80%3,549.47%0.00%
Dividend Yield--1.68%2.65%5.03%2.66%3.20%5.01%2.85%0.48%2.86%0.09%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,220,193.42
(-) Cash Dividends Paid (M)148,678.99
(=) Cash Retained (M)1,071,514.42
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)244,038.68152,524.1891,514.51
Cash Retained (M)1,071,514.421,071,514.421,071,514.42
(-) Cash Required (M)-244,038.68-152,524.18-91,514.51
(=) Excess Retained (M)827,475.74918,990.25979,999.92
(/) Shares Outstanding (M)583.49583.49583.49
(=) Excess Retained per Share1,418.151,574.991,679.55
LTM Dividend per Share254.81254.81254.81
(+) Excess Retained per Share1,418.151,574.991,679.55
(=) Adjusted Dividend1,672.961,829.791,934.35
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate3.61%4.61%5.61%
Fair Value$58,126.60$96,573.55$208,010.34
Upside / Downside170.99%350.23%869.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,220,193.421,276,492.781,335,389.781,397,004.281,461,461.641,528,893.051,574,759.85
Payout Ratio12.18%27.75%43.31%58.87%74.44%90.00%92.50%
Projected Dividends (M)148,678.99354,199.90578,369.63822,471.581,087,867.831,376,003.751,456,652.86

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate3.61%4.61%5.61%
Year 1 PV (M)329,105.93332,282.20335,458.47
Year 2 PV (M)499,321.24509,005.86518,783.50
Year 3 PV (M)659,755.07679,042.33698,701.86
Year 4 PV (M)810,821.49842,579.19875,260.78
Year 5 PV (M)952,919.07999,799.381,048,506.88
PV of Terminal Value (M)28,051,731.1229,431,779.0130,865,615.10
Equity Value (M)31,303,653.9332,794,487.9834,342,326.59
Shares Outstanding (M)583.49583.49583.49
Fair Value$53,648.88$56,203.91$58,856.63
Upside / Downside150.11%162.02%174.39%

High-Yield Dividend Screener

« Prev Page 10 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
BNGA.JKPT Bank CIMB Niaga Tbk8.91%$157.7256.96%
QIGD.QAQatari Investors Group Q.S.C.8.91%$0.1397.17%
MCS-R.BKM.C.S. Steel Public Company Limited8.90%$0.7434.29%
0QR1.LSchweiter Technologies AG8.89%$22.4090.72%
0816.HKJinmao Property Services Co., Limited8.88%$0.2355.27%
3492.TMIRARTH Real Estate Investment Corporation8.88%$8,301.0988.12%
3998.HKBosideng International Holdings Limited8.86%$0.4070.17%
PJP.WAPJP Makrum S.A.8.86%$1.4265.03%
603565.SSShanghai Zhonggu Logistics Co., Ltd.8.84%$0.8987.23%
ALVAP.PAKumulus Vape S.A.8.83%$0.3724.09%
IPS.PAIpsos S.A.8.83%$2.9938.93%
RFF.AXRural Funds Group8.83%$0.1715.19%
KOV.AXKorvest Ltd8.81%$1.2460.47%
0QUS.LG5 Entertainment AB (publ)8.80%$8.0594.74%
9620.SRBalsm Alofoq Medical Co.8.80%$2.4063.98%
PPM.AXPepper Money Limited8.80%$0.2044.77%
VK.PAVallourec S.A.8.80%$1.4183.22%
BBNI.JKPT Bank Negara Indonesia (Persero) Tbk8.79%$374.4666.86%
KJL.BKKijcharoen Engineering Electric Public Company Limited8.79%$0.5473.06%
0856.HKVSTECS Holdings Limited8.78%$0.7147.24%
BA-R.BKBangkok Airways Public Company Limited8.78%$1.3083.23%
PFRM3.SAProfarma Distribuidora de Produtos Farmacêuticos S.A.8.78%$0.7478.88%
0001.HKCK Hutchison Holdings Limited8.77%$4.7359.96%
NOBLE-R.BKNoble Development Public Company Limited8.75%$0.1927.34%
RANA.OLRana Gruber ASA8.75%$6.7583.80%
PDG.BKProdigy Public Company Limited8.74%$0.2690.35%
WHC.AXWhitehaven Coal Limited8.74%$0.6856.57%
DLTA.JKPT Delta Djakarta Tbk8.73%$175.4299.09%
8371.HKTaste Gourmet Group Limited8.70%$0.1853.44%
TRAN.BACompañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.8.70%$301.7991.83%
0257.HKChina Everbright Environment Group Limited8.69%$0.4235.73%
EMB.AXEmbelton Limited8.69%$0.7069.10%
HP3A.DERingmetall SE8.69%$0.2438.33%
RDTX.JKPT Roda Vivatex Tbk8.69%$1,103.9395.63%
S56.SISamudera Shipping Line Ltd8.69%$0.1060.61%
1307.TWSan Fang Chemical Industry Co., Ltd.8.68%$2.7091.10%
ASIZ.LAberforth Split Level Income ZDP 20248.68%$11.0447.29%
PIC.AXPerpetual Equity Investment Company Limited8.68%$0.1197.90%
CPHN.SWCPH Chemie + Papier Holding AG8.66%$5.9989.84%
JIN.AXJumbo Interactive Limited8.66%$0.9974.11%
PM-R.BKPremier Marketing Public Company Limited8.66%$1.0390.60%
0546.HKFufeng Group Limited8.65%$0.7030.72%
ITB.DEImperial Brands PLC8.65%$3.0955.77%
LOGG3.SALOG Commercial Properties e Participações S.A.8.64%$2.1949.79%
5547.TWOJioushun Construction Co., Ltd.8.63%$2.2658.13%
TWD.AXTamawood Limited8.62%$0.2480.43%
UNITED.HEUnited Bankers Oyj8.60%$1.6153.91%
DDR.AXDicker Data Limited8.58%$0.8796.73%
PATO.BKPato Chemical Industry Public Company Limited8.58%$0.6098.05%
0371.HKBeijing Enterprises Water Group Limited8.56%$0.2164.00%