Definitive Analysis
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Definitive Analysis

Financials

Fundamentals

Ticker

Industry

Sector

Woosung Co., Ltd. (006980.KS)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$370,348.25 - $1,993,172.70$727,617.06
Multi-Stage$288,331.21 - $316,390.74$302,097.98
Blended Fair Value$514,857.52
Current Price$16,710.00
Upside2,981.13%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%-5.00%299.970.00149.99150.25150.250.00250.41250.41250.41500.82
YoY Growth--0.00%-100.00%-0.17%0.00%0.00%-100.00%0.00%0.00%-50.00%0.00%
Dividend Yield--2.07%0.00%0.64%0.51%0.37%0.00%0.90%0.78%0.40%1.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)26,084.64
(-) Cash Dividends Paid (M)770.03
(=) Cash Retained (M)25,314.62
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,216.933,260.581,956.35
Cash Retained (M)25,314.6225,314.6225,314.62
(-) Cash Required (M)-5,216.93-3,260.58-1,956.35
(=) Excess Retained (M)20,097.6922,054.0323,358.27
(/) Shares Outstanding (M)2.572.572.57
(=) Excess Retained per Share7,829.258,591.379,099.44
LTM Dividend per Share299.97299.97299.97
(+) Excess Retained per Share7,829.258,591.379,099.44
(=) Adjusted Dividend8,129.228,891.349,399.41
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate4.03%5.03%6.03%
Fair Value$370,348.25$727,617.06$1,993,172.70
Upside / Downside2,116.33%4,254.38%11,828.02%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)26,084.6427,395.7728,772.8030,219.0531,738.0033,333.2934,333.29
Payout Ratio2.95%20.36%37.77%55.18%72.59%90.00%92.50%
Projected Dividends (M)770.035,578.2210,867.8416,675.1223,038.7429,999.9631,758.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate4.03%5.03%6.03%
Year 1 PV (M)5,197.185,247.145,297.10
Year 2 PV (M)9,433.799,616.049,800.03
Year 3 PV (M)13,486.0213,878.6914,278.91
Year 4 PV (M)17,359.8218,037.0218,733.85
Year 5 PV (M)21,060.9922,092.9323,164.93
PV of Terminal Value (M)673,608.42706,613.70740,900.22
Equity Value (M)740,146.22775,485.51812,175.03
Shares Outstanding (M)2.572.572.57
Fair Value$288,331.21$302,097.98$316,390.74
Upside / Downside1,625.50%1,707.89%1,793.42%

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