Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

SAMICK MUSICAL INSTRUMENT Co., Ltd (002450.KS)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$2,072.84 - $3,035.76$2,536.89
Multi-Stage$3,965.28 - $4,367.08$4,162.22
Blended Fair Value$3,349.56
Current Price$1,261.00
Upside165.63%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-0.61%2.15%53.0453.0454.2954.6854.6854.6855.9951.6251.6351.62
YoY Growth--0.00%-2.31%-0.70%0.00%0.00%-2.34%8.45%-0.01%0.01%20.34%
Dividend Yield--4.70%4.15%4.39%3.06%3.40%4.27%2.84%2.40%2.23%1.76%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)20,917.17
(-) Cash Dividends Paid (M)3,801.37
(=) Cash Retained (M)17,115.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4,183.432,614.651,568.79
Cash Retained (M)17,115.8017,115.8017,115.80
(-) Cash Required (M)-4,183.43-2,614.65-1,568.79
(=) Excess Retained (M)12,932.3614,501.1515,547.01
(/) Shares Outstanding (M)76.3876.3876.38
(=) Excess Retained per Share169.32189.85203.55
LTM Dividend per Share49.7749.7749.77
(+) Excess Retained per Share169.32189.85203.55
(=) Adjusted Dividend219.08239.62253.32
WACC / Discount Rate7.69%7.69%7.69%
Growth Rate-2.61%-1.61%-0.61%
Fair Value$2,072.84$2,536.89$3,035.76
Upside / Downside64.38%101.18%140.74%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)20,917.1720,581.2620,250.7419,925.5319,605.5519,290.7019,869.43
Payout Ratio18.17%32.54%46.90%61.27%75.63%90.00%92.50%
Projected Dividends (M)3,801.376,696.899,498.4212,208.2514,828.6017,361.6318,379.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.69%7.69%7.69%
Growth Rate-2.61%-1.61%-0.61%
Year 1 PV (M)6,155.586,218.796,281.99
Year 2 PV (M)8,024.998,190.638,357.96
Year 3 PV (M)9,480.759,775.7910,076.89
Year 4 PV (M)10,584.8811,026.3411,481.47
Year 5 PV (M)11,391.2911,988.2212,609.93
PV of Terminal Value (M)257,231.96270,711.67284,750.64
Equity Value (M)302,869.44317,911.43333,558.88
Shares Outstanding (M)76.3876.3876.38
Fair Value$3,965.28$4,162.22$4,367.08
Upside / Downside214.46%230.07%246.32%

High-Yield Dividend Screener

« Prev Page 104 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AVIO.MIAvio S.p.A.0.80%$0.2489.27%
DSOL.SGWisdomTree Solana0.80%$0.1219.79%
FLOB.BRFloridienne S.A.0.80%$5.0025.39%
GIGANTE.MXGrupo Gigante, S. A. B. de C. V.0.80%$0.2512.46%
MTC-R.BKMuangthai Capital Public Company Limited0.80%$0.258.48%
002606.SZDalian Insulator Group Co., Ltd0.79%$0.0717.61%
014620.KQSung Kwang Bend Co.,Ltd.0.79%$200.0215.66%
017370.KSWooshin Systems Co., Ltd.0.79%$49.692.66%
300701.SZSenba Sensing Technology Co.,Ltd.0.79%$0.1045.41%
300847.SZHG Technologies Co., Ltd.0.79%$0.1435.02%
301591.SZNanjing Comptech Composites Corp0.79%$0.3237.44%
5306.KLFarm Fresh Berhad0.79%$0.0233.34%
600339.SSChina Petroleum Engineering Corporation0.79%$0.0328.23%
601086.SSGansu Guofang Industry & Trade (Group) Co., Ltd.0.79%$0.0863.39%
603161.SSKehua Holdings Co., Ltd.0.79%$0.1122.02%
603606.SSNingbo Orient Wires & Cables Co.,Ltd.0.79%$0.4732.61%
605033.SSShaanxi Meibang Pharmaceutical Group Co., Ltd.0.79%$0.1672.35%
6463.TTPR Co., Ltd.0.79%$10.256.48%
DANR.MIDanieli & C. Officine Meccaniche S.p.A.0.79%$0.298.39%
GILLETTE.BOGillette India Limited0.79%$65.0036.90%
PAASPan American Silver Corp.0.79%$0.4023.99%
PDSL.BOPDS Limited0.79%$2.9238.22%
SNI.OLStolt-Nielsen Limited0.79%$2.5235.09%
002334.SZShenzhen INVT Electric Co.,Ltd0.78%$0.0720.17%
004140.KSDongbang Transport Logistics Co., Ltd.0.78%$20.037.69%
011070.KSLG Innotek Co., Ltd.0.78%$2,091.9017.12%
2276.HKShanghai Conant Optical Co., Ltd.0.78%$0.4222.72%
229640.KSLS Eco Energy Ltd.0.78%$278.8820.95%
300545.SZShenzhen Liande Automation Equipment co.,ltd.0.78%$0.2430.89%
300922.SZQinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.0.78%$0.1866.08%
301011.SZGuangZhou Wahlap Technology Corporation Limited0.78%$0.2037.38%
3659.TNEXON Co., Ltd.0.78%$29.7521.18%
600360.SSJilin Sino-Microelectronics Co., Ltd.0.78%$0.0634.13%
605167.SSJiangsu Libert Inc.0.78%$0.1326.15%
6736.TSun Corporation0.78%$70.057.32%
688097.SSBOZHON Precision Industry Technology Co.,Ltd0.78%$0.2927.43%
688257.SSShareate Tools Ltd.0.78%$0.2731.76%
9766.TKonami Group Corporation0.78%$165.3826.44%
BBAR.BABanco BBVA Argentina S.A.0.78%$73.3713.95%
CUV.AXClinuvel Pharmaceuticals Limited0.78%$0.106.93%
NSIS-B.CONovozymes A/S0.78%$3.0889.95%
R3NK.BERENK Group AG0.78%$0.4241.42%
VIRP.PAVirbac S.A.0.78%$2.778.47%
002078.SZShandong Sunpaper Co., Ltd.0.77%$0.1210.77%
002225.SZPuyang Refractories Group Co., Ltd.0.77%$0.0446.81%
030610.KSKyobo Securities Co ., Ltd0.77%$72.256.71%
036200.KQUNISEM Co., Ltd.0.77%$80.0020.75%
300863.SZNingbo KBE Electrical Technology Co.,Ltd.0.77%$0.3942.01%
301498.SZGambol Pet Group Co., Ltd.0.77%$0.5030.03%
600577.SSTongling Jingda Special Magnet Wire Co., Ltd.0.77%$0.1034.21%