Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

KG Eco Solution Co.,Ltd. (151860.KQ)

Company Dividend Discount ModelIndustry: Auto - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$30,129.51 - $58,466.13$41,398.16
Multi-Stage$23,178.80 - $25,281.23$24,211.15
Blended Fair Value$32,804.66
Current Price$5,650.00
Upside480.61%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS36.14%0.00%390.19342.94245.79233.4691.7983.450.000.000.000.00
YoY Growth--13.78%39.53%5.28%154.34%10.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--8.13%3.61%1.34%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)76,369.23
(-) Cash Dividends Paid (M)23,559.70
(=) Cash Retained (M)52,809.53
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)15,273.859,546.155,727.69
Cash Retained (M)52,809.5352,809.5352,809.53
(-) Cash Required (M)-15,273.85-9,546.15-5,727.69
(=) Excess Retained (M)37,535.6843,263.3847,081.84
(/) Shares Outstanding (M)42.0242.0242.02
(=) Excess Retained per Share893.261,029.571,120.44
LTM Dividend per Share560.66560.66560.66
(+) Excess Retained per Share893.261,029.571,120.44
(=) Adjusted Dividend1,453.931,590.231,681.10
WACC / Discount Rate10.59%10.59%10.59%
Growth Rate5.50%6.50%7.50%
Fair Value$30,129.51$41,398.16$58,466.13
Upside / Downside433.27%632.71%934.80%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)76,369.2381,333.2386,619.8992,250.1998,246.45104,632.47107,771.44
Payout Ratio30.85%42.68%54.51%66.34%78.17%90.00%92.50%
Projected Dividends (M)23,559.7034,712.8547,216.3661,198.6776,799.2094,169.2299,688.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.59%10.59%10.59%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)31,093.7731,388.5031,683.22
Year 2 PV (M)37,884.2538,605.8439,334.24
Year 3 PV (M)43,983.6545,246.2746,532.81
Year 4 PV (M)49,441.2151,342.5853,298.27
Year 5 PV (M)54,303.0856,925.9459,649.18
PV of Terminal Value (M)757,290.25793,867.65831,844.96
Equity Value (M)973,996.211,017,376.771,062,342.68
Shares Outstanding (M)42.0242.0242.02
Fair Value$23,178.80$24,211.15$25,281.23
Upside / Downside310.24%328.52%347.46%

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