Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

KT&G Corporation (033780.KS)

Company Dividend Discount ModelIndustry: TobaccoSector: Consumer Defensive

Valuation Snapshot

Stable Growth$165,757.58 - $317,583.20$226,675.52
Multi-Stage$244,077.43 - $267,726.97$255,678.10
Blended Fair Value$241,176.81
Current Price$133,600.00
Upside80.52%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.04%3.83%5,442.737,203.845,343.305,525.895,167.464,686.014,686.014,217.413,973.673,971.55
YoY Growth---24.45%34.82%-3.30%6.94%10.27%0.00%11.11%6.13%0.05%6.25%
Dividend Yield--5.38%7.87%6.37%6.85%6.35%6.27%4.46%4.22%4.08%3.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,143,499.00
(-) Cash Dividends Paid (M)602,969.00
(=) Cash Retained (M)540,530.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)228,699.80142,937.3885,762.43
Cash Retained (M)540,530.00540,530.00540,530.00
(-) Cash Required (M)-228,699.80-142,937.38-85,762.43
(=) Excess Retained (M)311,830.20397,592.63454,767.58
(/) Shares Outstanding (M)107.78107.78107.78
(=) Excess Retained per Share2,893.203,688.914,219.39
LTM Dividend per Share5,594.425,594.425,594.42
(+) Excess Retained per Share2,893.203,688.914,219.39
(=) Adjusted Dividend8,487.619,283.339,813.80
WACC / Discount Rate6.75%6.75%6.75%
Growth Rate1.55%2.55%3.55%
Fair Value$165,757.58$226,675.52$317,583.20
Upside / Downside24.07%69.67%137.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,143,499.001,172,650.701,202,545.591,233,202.591,264,641.151,296,881.181,335,787.61
Payout Ratio52.73%60.18%67.64%75.09%82.55%90.00%92.50%
Projected Dividends (M)602,969.00705,749.72813,379.03926,037.341,043,911.121,167,193.061,235,603.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.75%6.75%6.75%
Growth Rate1.55%2.55%3.55%
Year 1 PV (M)654,682.04661,128.98667,575.91
Year 2 PV (M)699,926.43713,779.26727,767.83
Year 3 PV (M)739,209.66761,263.36783,751.39
Year 4 PV (M)773,005.12803,906.29835,724.80
Year 5 PV (M)801,754.22842,015.48883,878.16
PV of Terminal Value (M)22,638,209.7423,775,020.5624,957,048.80
Equity Value (M)26,306,787.2027,557,113.9228,855,746.89
Shares Outstanding (M)107.78107.78107.78
Fair Value$244,077.43$255,678.10$267,726.97
Upside / Downside82.69%91.38%100.39%

High-Yield Dividend Screener

« Prev Page 14 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
FGG.AXFuture Generation Global Limited7.59%$0.1235.11%
WINNER.BKWinner Group Enterprise Public Company Limited7.59%$0.1677.25%
1666.HKTong Ren Tang Technologies Co. Ltd.7.58%$0.3439.83%
ALHOP.PAHopscotch Global PR Group7.58%$1.0034.20%
4305.TWOShih-Kuen Plastics Co., Ltd.7.57%$3.1886.35%
KLEE-B.COBrd. Klee A/S7.57%$284.4657.64%
TACC.BKT.A.C. Consumer Public Company Limited7.56%$0.3986.66%
PCC.BKPrecise Corporation Public Company Limited7.55%$0.2054.85%
2180.HKManpowerGroup Greater China Limited7.54%$0.3930.76%
BASGZ.ISBaskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A.S.7.54%$3.4364.56%
ISAE4.SAISA Energía Brasil S.A.7.54%$2.0345.68%
TRPL4.SACTEEP - Companhia de Transmissão de Energia Elétrica Paulista S.A.7.53%$1.8837.46%
QH-R.BKQuality Houses Public Company Limited7.52%$0.1063.63%
0189.HKDongyue Group Limited7.51%$0.8267.14%
3034.KLHap Seng Consolidated Berhad7.50%$0.2189.85%
9985.HKWEILONG Delicious Global Holdings Ltd7.50%$0.8387.47%
CBQK.QAThe Commercial Bank (P.S.Q.C.)7.50%$0.3248.96%
BMGB4.SABanco BMG S.A.7.49%$0.3767.48%
DJW.AXDjerriwarrh Investments Limited7.49%$0.2378.76%
JSMR.JKPT Jasa Marga (Persero) Tbk7.49%$256.8147.02%
TGMA3.SATegma Gestão Logística S.A.7.49%$2.7365.23%
014440.KSYoungbo Chemical Co., Ltd.7.48%$350.9938.29%
CPW.BKCopperwired Public Company Limited7.48%$0.1585.48%
003080.KSSBSUNGBO Co., Ltd.7.47%$205.009.79%
226320.KSIt'S Hanbul Co., Ltd.7.47%$887.8495.70%
AYGAZ.ISAygaz A.S.7.47%$14.7993.51%
3290.TOne REIT, Inc.7.46%$6,781.0766.29%
TOTL.JKPT Total Bangun Persada Tbk7.46%$75.0067.24%
1497.HKXiamen Yan Palace Bird's Nest Indus7.45%$0.4461.94%
ANIM.MIAnima Holding S.p.A.7.45%$0.4555.56%
DCC-R.BKDynasty Ceramic Public Company Limited7.45%$0.0981.26%
0751.HKSkyworth Group Limited7.44%$0.3953.99%
8957.TTokyu REIT, Inc.7.44%$15,400.2079.77%
2504.TWGoldsun Building Materials Co., Ltd.7.43%$2.8186.16%
KEPL3.SAKepler Weber S.A.7.43%$0.7389.80%
POLY.BKPolynet Public Company Limited7.43%$0.5288.16%
XTB.WAXTB S.A.7.43%$5.4679.70%
TIPH.BKDhipaya Group Holdings Public Company Limited7.42%$1.5476.50%
ALFRE.PAFreelance.com S.A.7.40%$0.1623.60%
RING.OLSpareBank 1 Ringerike Hadeland7.40%$30.8074.39%
SEAOIL.BKSea Oil Public Company Limited7.39%$0.2246.45%
IRC.BKInoue Rubber (Thailand) Public Company Limited7.36%$0.8790.55%
ILM-R.BKIndex Living Mall Public Company Limited7.34%$1.0067.79%
SHIPSeanergy Maritime Holdings Corp.7.34%$0.6791.71%
5009.TWOGloria Material Technology Corp.7.33%$2.3477.68%
9922.HKJiumaojiu International Holdings Limited7.33%$0.1455.41%
8977.THankyu Hanshin REIT, Inc.7.32%$12,179.9195.79%
BAREIT.BKBA Airport Leasehold Real Estate Investment Trust7.32%$0.7589.39%
SIDO.JKPT Industri Jamu dan Farmasi Sido Muncul Tbk7.32%$39.5596.37%
0QQK.LMeier Tobler Group AG7.31%$2.8980.26%