Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

CLASSYS Inc. (214150.KQ)

Company Dividend Discount ModelIndustry: Medical - DevicesSector: Healthcare

Valuation Snapshot

Stable Growth$38,934.69 - $111,702.06$60,947.98
Multi-Stage$25,856.82 - $28,267.89$27,040.41
Blended Fair Value$43,994.19
Current Price$62,700.00
Upside-29.83%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS71.31%0.00%197.44115.2565.8959.8945.6713.380.000.000.000.00
YoY Growth--71.32%74.92%10.01%31.13%241.25%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.35%0.30%0.30%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)101,491.94
(-) Cash Dividends Paid (M)16,833.84
(=) Cash Retained (M)84,658.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)20,298.3912,686.497,611.90
Cash Retained (M)84,658.1084,658.1084,658.10
(-) Cash Required (M)-20,298.39-12,686.49-7,611.90
(=) Excess Retained (M)64,359.7171,971.6177,046.20
(/) Shares Outstanding (M)64.8364.8364.83
(=) Excess Retained per Share992.751,110.171,188.44
LTM Dividend per Share259.66259.66259.66
(+) Excess Retained per Share992.751,110.171,188.44
(=) Adjusted Dividend1,252.421,369.831,448.11
WACC / Discount Rate8.89%8.89%8.89%
Growth Rate5.50%6.50%7.50%
Fair Value$38,934.69$60,947.98$111,702.06
Upside / Downside-37.90%-2.79%78.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)101,491.94108,088.92115,114.70122,597.15130,565.97139,052.75143,224.34
Payout Ratio16.59%31.27%45.95%60.63%75.32%90.00%92.50%
Projected Dividends (M)16,833.8433,798.4452,897.3174,336.2498,338.73125,147.48132,482.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.89%8.89%8.89%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)30,746.5931,038.0331,329.47
Year 2 PV (M)43,775.8244,609.6345,451.30
Year 3 PV (M)55,963.0957,569.5959,206.54
Year 4 PV (M)67,348.2169,938.2472,602.25
Year 5 PV (M)77,969.3681,735.3185,645.39
PV of Terminal Value (M)1,400,481.731,468,125.521,538,358.20
Equity Value (M)1,676,284.811,753,016.321,832,593.16
Shares Outstanding (M)64.8364.8364.83
Fair Value$25,856.82$27,040.41$28,267.89
Upside / Downside-58.76%-56.87%-54.92%

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