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$29,228.29 - $55,640.44$39,868.37
Multi-Stage$22,665.06 - $24,717.47$23,672.87
Blended Fair Value$31,770.62
Current Price$5,650.00
Upside462.31%
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 Rate10.75%10.75%10.75%
Growth Rate5.50%6.50%7.50%
Fair Value$29,228.29$39,868.37$55,640.44
Upside / Downside417.31%605.63%884.79%

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 Rate10.75%10.75%10.75%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)31,049.7031,344.0131,638.32
Year 2 PV (M)37,776.9338,496.4839,222.81
Year 3 PV (M)43,796.8945,054.1446,335.23
Year 4 PV (M)49,161.4951,052.1052,996.73
Year 5 PV (M)53,919.3256,523.6459,227.64
PV of Terminal Value (M)736,704.06772,287.14809,232.07
Equity Value (M)952,408.39994,757.511,038,652.79
Shares Outstanding (M)42.0242.0242.02
Fair Value$22,665.06$23,672.87$24,717.47
Upside / Downside301.15%318.99%337.48%

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