Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

KTK Group Co., Ltd. (603680.SS)

Company Dividend Discount ModelIndustry: RailroadsSector: Industrials

Valuation Snapshot

Stable Growth$10.26 - $19.93$14.10
Multi-Stage$15.92 - $17.49$16.69
Blended Fair Value$15.40
Current Price$12.40
Upside24.18%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-8.77%-2.64%0.160.140.210.240.360.260.241.220.030.99
YoY Growth--15.08%-32.61%-10.16%-35.25%40.10%6.35%-80.03%4,220.98%-97.15%362.61%
Dividend Yield--1.96%1.74%2.35%2.94%2.30%2.85%1.84%5.69%0.11%3.84%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)504.60
(-) Cash Dividends Paid (M)144.39
(=) Cash Retained (M)360.21
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)100.9263.0737.84
Cash Retained (M)360.21360.21360.21
(-) Cash Required (M)-100.92-63.07-37.84
(=) Excess Retained (M)259.29297.14322.36
(/) Shares Outstanding (M)783.86783.86783.86
(=) Excess Retained per Share0.330.380.41
LTM Dividend per Share0.180.180.18
(+) Excess Retained per Share0.330.380.41
(=) Adjusted Dividend0.510.560.60
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate1.31%2.31%3.31%
Fair Value$10.26$14.10$19.93
Upside / Downside-17.28%13.73%60.73%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)504.60516.25528.18540.38552.86565.64582.60
Payout Ratio28.61%40.89%53.17%65.45%77.72%90.00%92.50%
Projected Dividends (M)144.39211.10280.83353.66429.70509.07538.91

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate1.31%2.31%3.31%
Year 1 PV (M)196.47198.41200.35
Year 2 PV (M)243.25248.07252.95
Year 3 PV (M)285.10293.63302.32
Year 4 PV (M)322.40335.32348.62
Year 5 PV (M)355.48373.37391.98
PV of Terminal Value (M)11,078.9211,636.6012,216.52
Equity Value (M)12,481.6113,085.4013,712.73
Shares Outstanding (M)783.86783.86783.86
Fair Value$15.92$16.69$17.49
Upside / Downside28.41%34.63%41.08%

High-Yield Dividend Screener

« Prev Page 11 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
THFFFirst Financial Corporation3.32%$1.9831.67%
IRDMIridium Communications Inc.3.31%$0.5949.66%
PDCOPatterson Companies, Inc.3.31%$1.0466.64%
0HRZ.LCoterra Energy Inc.3.30%$0.8840.64%
ACIAlbertsons Companies, Inc.3.30%$0.5733.33%
KDPKeurig Dr Pepper Inc.3.30%$0.9278.89%
SPBSpectrum Brands Holdings, Inc.3.30%$1.9848.25%
0IUX.LGenuine Parts Company3.29%$4.0569.77%
BGBunge Global S.A.3.29%$3.0531.37%
HDGCXThe Hartford Dividend and Growth Fund Class C3.29%$1.0820.58%
PSBDPalmer Square Capital BDC Inc.3.29%$0.4090.32%
LIENChicago Atlantic BDC, Inc.3.28%$0.3423.50%
REXRRexford Industrial Realty, Inc.3.28%$1.2890.14%
CVCYCentral Valley Community Bancorp3.27%$0.5832.80%
F-PDFord Motor Company 6.500% Notes3.27%$0.7463.45%
FSBWFS Bancorp, Inc.3.27%$1.3331.78%
TRNOTerreno Realty Corporation3.27%$1.9362.02%
0I1P.LComerica Incorporated3.26%$2.8252.30%
ALEXAlexander & Baldwin, Inc.3.26%$0.6766.95%
BRXBrixmor Property Group Inc.3.26%$0.8578.30%
AGM-PCFederal Agricultural Mortgage Corporation3.24%$7.8539.89%
HTOH2O America3.24%$1.6052.08%
WECWEC Energy Group, Inc.3.24%$3.4566.21%
XOMExxon Mobil Corporation3.24%$3.9857.54%
SCLStepan Company3.22%$1.5276.82%
HBTHBT Financial, Inc.3.21%$0.8333.20%
KALUKaiser Aluminum Corporation3.21%$3.8670.13%
SMPStandard Motor Products, Inc.3.20%$1.1838.74%
0QZA.LConocoPhillips3.19%$3.0943.65%
PAGPenske Automotive Group, Inc.3.18%$5.0435.22%
CRBGCorebridge Financial, Inc.3.17%$0.9652.57%
EDConsolidated Edison, Inc.3.17%$3.1756.36%
LARKLandmark Bancorp, Inc.3.17%$0.8238.75%
NBPU.LNB Private Equity Partners Limited3.17%$0.6770.20%
PFBCPreferred Bank3.16%$3.0329.67%
HNIHNI Corporation3.15%$1.3444.63%
RBBRBB Bancorp3.15%$0.6443.45%
FGF&G Annuities & Life, Inc.3.14%$0.9428.23%
NBHCNational Bank Holdings Corporation3.14%$1.1937.27%
0KZA.LSM Energy Company3.13%$0.609.44%
CBUCommunity Bank System, Inc.3.13%$1.8246.85%
DTEDTE Energy Company3.13%$4.0887.19%
RNSTRenasant Corporation3.13%$1.1148.14%
BSRRSierra Bancorp3.11%$1.0134.68%
FCFFirst Commonwealth Financial Corporation3.11%$0.5238.19%
PNCThe PNC Financial Services Group, Inc.3.11%$6.5739.89%
PRKPark National Corporation3.11%$4.8044.20%
GEFGreif, Inc.3.10%$2.1212.04%
0QAH.LMerck & Co., Inc.3.09%$3.2542.60%
BANRBanner Corporation3.09%$1.9335.15%