DDM Analysis: 002960.KS

Valuation Snapshot

Stable Growth	$594,365.75 - $1,272,186.52	$846,532.73
Multi-Stage	$471,967.66 - $513,356.57	$492,296.01
Blended Fair Value	$669,414.37
Current Price	$414,000.00
Upside	61.69%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	9.69%	3.05%	26,999.71	17,999.81	18,999.80	13,999.85	15,999.83	16,999.82	18,999.80	16,999.82	19,999.78	18,999.80
YoY Growth	-	-	50.00%	-5.26%	35.71%	-12.50%	-5.88%	-10.53%	11.76%	-15.00%	5.26%	-5.00%
Dividend Yield	-	-	8.19%	7.04%	8.26%	5.52%	6.35%	6.91%	5.90%	5.01%	5.03%	3.86%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	40,728.89
(-) Cash Dividends Paid (M)	35,100.00
(=) Cash Retained (M)	5,628.89

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	8,145.78	5,091.11	3,054.67
Cash Retained (M)	5,628.89	5,628.89	5,628.89
(-) Cash Required (M)	-8,145.78	-5,091.11	-3,054.67
(=) Excess Retained (M)	-2,516.89	537.78	2,574.23
(/) Shares Outstanding (M)	1.30	1.30	1.30
(=) Excess Retained per Share	-1,936.05	413.67	1,980.15
LTM Dividend per Share	26,999.71	26,999.71	26,999.71
(+) Excess Retained per Share	-1,936.05	413.67	1,980.15
(=) Adjusted Dividend	25,063.66	27,413.38	28,979.86
WACC / Discount Rate	9.95%	9.95%	9.95%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$594,365.75	$846,532.73	$1,272,186.52
Upside / Downside	43.57%	104.48%	207.29%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	40,728.89	43,376.27	46,195.73	49,198.45	52,396.35	55,802.11	57,476.18
Payout Ratio	86.18%	86.94%	87.71%	88.47%	89.24%	90.00%	92.50%
Projected Dividends (M)	35,100.00	37,712.93	40,517.24	43,526.78	46,756.37	50,221.90	53,165.46

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.95%	9.95%	9.95%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	33,978.37	34,300.44	34,622.51
Year 2 PV (M)	32,890.05	33,516.51	34,148.89
Year 3 PV (M)	31,834.17	32,748.01	33,679.18
Year 4 PV (M)	30,809.89	31,994.75	33,213.46
Year 5 PV (M)	29,816.38	31,256.52	32,751.78
PV of Terminal Value (M)	454,235.71	476,175.46	498,954.90
Equity Value (M)	613,564.57	639,991.70	667,370.73
Shares Outstanding (M)	1.30	1.30	1.30
Fair Value	$471,967.66	$492,296.01	$513,356.57
Upside / Downside	14.00%	18.91%	24.00%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 110 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
002339.SZ	Integrated Electronic Systems Lab Co., Ltd.	0.62%	$0.06	59.84%
002671.SZ	Shandong Longquan Pipeline Engineering Co.,LTD	0.62%	$0.03	17.06%
039840.KQ	DIO Corporation	0.62%	$104.16	27.01%
077970.KS	STX Engine Co.,Ltd.	0.62%	$206.61	16.12%
241590.KS	Hwaseung Enterprise Co., Ltd.	0.62%	$31.17	50.06%
300100.SZ	Ningbo Shuanglin Auto Parts Co.,Ltd.	0.62%	$0.25	18.34%
300347.SZ	Hangzhou Tigermed Consulting Co., Ltd.	0.62%	$0.35	49.79%
300909.SZ	Shenzhen Hui Chuang Da Technology Co., Ltd.	0.62%	$0.30	62.13%
300926.SZ	Jiangsu Bojun Industrial Technology Co., Ltd	0.62%	$0.20	10.12%
3128.TWO	Hi Sharp Electronics Co., Ltd.	0.62%	$0.18	11.90%
600429.SS	Beijing Sanyuan Foods Co., Ltd.	0.62%	$0.03	25.51%
600782.SS	Xinyu Iron & Steel Co., Ltd	0.62%	$0.02	7.85%
600857.SS	Ningbo Zhongbai Co., Ltd.	0.62%	$0.09	50.22%
603696.SS	Anji Foodstuff Co., Ltd	0.62%	$0.13	73.51%
688101.SS	Suntar Environmental Technology Co., Ltd.	0.62%	$0.10	8.44%
688300.SS	Novoray Corporation	0.62%	$0.39	32.51%
688395.SS	Shenzhen Sine Electric Co.,Ltd.	0.62%	$0.15	35.48%
7013.T	IHI Corporation	0.62%	$17.20	14.09%
9025.T	Konoike Transport Co., Ltd.	0.62%	$20.47	8.73%
000025.SZ	Shenzhen Tellus Holding Co., Ltd.	0.61%	$0.11	30.16%
002940.SZ	Zhejiang AngLiKang Pharmaceutical CO.,LTD.	0.61%	$0.21	37.21%
0QLQ.L	Ypsomed Holding AG	0.61%	$2.00	31.20%
1784.TWO	BIONET Corp.	0.61%	$0.64	47.49%
300332.SZ	Top Resource Energy Co., Ltd. Class A	0.61%	$0.03	30.72%
300816.SZ	ActBlue Co., Ltd.	0.61%	$0.29	31.83%
600161.SS	Beijing Tiantan Biological Products Co., Ltd.	0.61%	$0.10	14.98%
603015.SS	Ningbo Techmation Co.,Ltd.	0.61%	$0.08	66.24%
605198.SS	Yantai North Andre Juice Co.,Ltd.	0.61%	$0.23	22.16%
7723.T	Aichi Tokei Denki Co., Ltd.	0.61%	$16.43	6.48%
AHRN	Ahren Acquisition Corp.	0.61%	$0.06	10.79%
CPLP	Capital Product Partners L.P.	0.61%	$0.11	6.01%
000099.SZ	CITIC Offshore Helicopter Co., Ltd.	0.60%	$0.13	27.49%
000807.SZ	Yunnan Aluminium Co., Ltd.	0.60%	$0.20	13.68%
001222.SZ	Wenzhou Yuanfei pet toy products Co., Ltd.	0.60%	$0.14	15.30%
002050.SZ	Zhejiang Sanhua Intelligent Controls Co.,Ltd	0.60%	$0.33	34.64%
002161.SZ	Invengo Information Technology Co., Ltd	0.60%	$0.04	29.57%
002472.SZ	Zhejiang Shuanghuan Driveline Co., Ltd.	0.60%	$0.29	20.47%
002765.SZ	Landai Technology Group Corp., Ltd.	0.60%	$0.08	27.22%
010120.KS	LS ELECTRIC Co., Ltd.	0.60%	$2,945.88	32.90%
017550.KS	Soosan Cebotics Co., Ltd.	0.60%	$10.02	5.13%
039440.KQ	STI Co., Ltd.	0.60%	$199.01	11.65%
2782.T	Seria Co., Ltd.	0.60%	$21.01	7.80%
300124.SZ	Shenzhen Inovance Technology Co.,Ltd	0.60%	$0.45	23.25%
300702.SZ	Zhejiang Tianyu Pharmaceutical Co., Ltd.	0.60%	$0.14	25.44%
336570.KQ	WON TECH Co.,Ltd.	0.60%	$49.80	11.16%
3673.T	Broadleaf Co., Ltd.	0.60%	$4.40	38.38%
6442.TW	EZconn Corporation	0.60%	$8.34	44.18%
688557.SS	BlueSword Intelligent Technology Co.,Ltd.	0.60%	$0.22	15.86%
688579.SS	Dareway Software Co.,Ltd.	0.60%	$0.07	40.32%
7011.T	Mitsubishi Heavy Industries, Ltd.	0.60%	$22.95	30.46%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Hankook Shell Oil Co.,Ltd. (002960.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener