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$61,355.64 - $361,436.69$112,906.37
Multi-Stage$36,379.26 - $39,771.71$38,044.56
Blended Fair Value$75,475.47
Current Price$5,650.00
Upside1,235.85%
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 Rate8.00%8.00%8.00%
Growth Rate5.50%6.50%7.50%
Fair Value$61,355.64$112,906.37$361,436.69
Upside / Downside985.94%1,898.34%6,297.11%

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 Rate8.00%8.00%8.00%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)31,839.7332,141.5332,443.32
Year 2 PV (M)39,723.7940,480.4241,244.19
Year 3 PV (M)47,225.8048,581.4849,962.86
Year 4 PV (M)54,359.2056,449.7058,599.93
Year 5 PV (M)61,137.0564,089.9967,155.95
PV of Terminal Value (M)1,294,407.131,356,927.481,421,840.63
Equity Value (M)1,528,692.701,598,670.601,671,246.88
Shares Outstanding (M)42.0242.0242.02
Fair Value$36,379.26$38,044.56$39,771.71
Upside / Downside543.88%573.36%603.92%

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