Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hyundai Autoever Corporation (307950.KS)

Company Dividend Discount ModelIndustry: Information Technology ServicesSector: Technology

Valuation Snapshot

Stable Growth$305,698.88 - $1,305,409.13$753,080.20
Multi-Stage$153,347.07 - $167,776.03$160,429.42
Blended Fair Value$456,754.81
Current Price$152,700.00
Upside199.12%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS22.44%17.08%1,429.951,139.96699.98605.02543.68519.62519.62519.62527.77346.88
YoY Growth--25.44%62.86%15.70%11.28%4.63%0.00%0.00%-1.54%52.15%17.39%
Dividend Yield--1.20%0.78%0.62%0.50%0.46%1.65%0.65%0.59%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)180,010.26
(-) Cash Dividends Paid (M)49,753.24
(=) Cash Retained (M)130,257.02
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)36,002.0522,501.2813,500.77
Cash Retained (M)130,257.02130,257.02130,257.02
(-) Cash Required (M)-36,002.05-22,501.28-13,500.77
(=) Excess Retained (M)94,254.97107,755.74116,756.25
(/) Shares Outstanding (M)27.4227.4227.42
(=) Excess Retained per Share3,436.953,929.254,257.45
LTM Dividend per Share1,814.221,814.221,814.22
(+) Excess Retained per Share3,436.953,929.254,257.45
(=) Adjusted Dividend5,251.175,743.476,071.67
WACC / Discount Rate7.31%7.31%7.31%
Growth Rate5.50%6.50%7.50%
Fair Value$305,698.88$753,080.20$1,305,409.13
Upside / Downside100.20%393.18%754.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)180,010.26191,710.92204,172.13217,443.32231,577.14246,629.65254,028.54
Payout Ratio27.64%40.11%52.58%65.06%77.53%90.00%92.50%
Projected Dividends (M)49,753.2476,897.72107,360.79141,459.15179,536.71221,966.69234,976.40

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.31%7.31%7.31%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)70,985.0871,657.9372,330.77
Year 2 PV (M)91,485.6393,228.1894,987.16
Year 3 PV (M)111,273.53114,467.79117,722.61
Year 4 PV (M)130,367.00135,380.55140,537.33
Year 5 PV (M)148,783.86155,970.17163,431.53
PV of Terminal Value (M)3,652,494.913,828,911.784,012,080.54
Equity Value (M)4,205,390.014,399,616.394,601,089.93
Shares Outstanding (M)27.4227.4227.42
Fair Value$153,347.07$160,429.42$167,776.03
Upside / Downside0.42%5.06%9.87%

High-Yield Dividend Screener

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