Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Mirae Asset Securities Co. Ltd. (006800.KS)

Company Dividend Discount ModelIndustry: Financial - Capital MarketsSector: Financial Services

Valuation Snapshot

Stable Growth$246,594.68 - $408,589.71$382,844.19
Multi-Stage$152,273.99 - $167,365.81$159,676.64
Blended Fair Value$271,260.42
Current Price$21,450.00
Upside1,164.62%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-10.20%0.00%154.04211.54324.90227.72315.84263.77213.7044.46258.497.08
YoY Growth---27.18%-34.89%42.68%-27.90%19.74%23.43%380.68%-82.80%3,549.47%0.00%
Dividend Yield--1.68%2.65%5.03%2.66%3.20%5.01%2.85%0.48%2.86%0.09%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,220,193.42
(-) Cash Dividends Paid (M)148,678.99
(=) Cash Retained (M)1,071,514.42
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)244,038.68152,524.1891,514.51
Cash Retained (M)1,071,514.421,071,514.421,071,514.42
(-) Cash Required (M)-244,038.68-152,524.18-91,514.51
(=) Excess Retained (M)827,475.74918,990.25979,999.92
(/) Shares Outstanding (M)583.49583.49583.49
(=) Excess Retained per Share1,418.151,574.991,679.55
LTM Dividend per Share254.81254.81254.81
(+) Excess Retained per Share1,418.151,574.991,679.55
(=) Adjusted Dividend1,672.961,829.791,934.35
WACC / Discount Rate4.32%4.32%4.32%
Growth Rate3.61%4.61%5.61%
Fair Value$246,594.68$382,844.19$408,589.71
Upside / Downside1,049.63%1,684.82%1,804.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,220,193.421,276,492.781,335,389.781,397,004.281,461,461.641,528,893.051,574,759.85
Payout Ratio12.18%27.75%43.31%58.87%74.44%90.00%92.50%
Projected Dividends (M)148,678.99354,199.90578,369.63822,471.581,087,867.831,376,003.751,456,652.86

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.32%4.32%4.32%
Growth Rate3.61%4.61%5.61%
Year 1 PV (M)336,296.50339,542.16342,787.83
Year 2 PV (M)521,378.72531,491.15541,700.72
Year 3 PV (M)703,951.32724,530.60745,507.11
Year 4 PV (M)884,039.70918,665.16954,297.94
Year 5 PV (M)1,061,669.071,113,899.501,168,165.65
PV of Terminal Value (M)85,343,206.5989,541,796.4093,904,028.78
Equity Value (M)88,850,541.9093,169,924.9997,656,488.02
Shares Outstanding (M)583.49583.49583.49
Fair Value$152,273.99$159,676.64$167,365.81
Upside / Downside609.90%644.41%680.26%

High-Yield Dividend Screener

« Prev Page 15 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
1908.HKC&D International Investment Group Limited7.31%$1.1225.81%
2529.HKHollwin Urban Operation Service Group Co., Ltd7.31%$0.2224.64%
BMOB3.SABemobi Mobile Tech S.A.7.31%$1.6192.50%
CAMB3.SACambuci S.A.7.30%$0.7245.75%
CIP.AXCenturia Industrial REIT7.30%$0.2484.35%
NEO.BKNeo Corporate PCL7.30%$1.3550.11%
QTC.BKQTC Energy Public Company Limited7.30%$0.2597.23%
WHATS.BRWhat's Cooking Group NV/SA7.29%$8.2032.94%
C5H.IRCairn Homes plc7.28%$0.1544.15%
DOHI.QADoha Insurance Group Q.P.S.C.7.28%$0.1946.40%
STRN.SWSchlatter Industries AG7.28%$1.5052.09%
HDN.AXHomeCo Daily Needs REIT7.27%$0.1062.96%
IPCM.JKPT Jasa Armada Indonesia Tbk7.27%$26.1977.38%
O39.SIOversea-Chinese Banking Corporation Limited7.27%$1.4449.91%
THIP.BKThantawan Industry Public Company Limited7.27%$1.6450.43%
C6L.SISingapore Airlines Limited7.26%$0.4745.79%
SAPPE.BKSappe Public Company Limited7.26%$2.2382.18%
QIP.AXQANTM Intellectual Property Limited7.25%$0.1392.42%
KUOA.MXGrupo KUO, S.A.B. de C.V.7.24%$4.3464.64%
OYY.SIPropNex Limited7.24%$0.1493.41%
7035.KLCCK Consolidated Holdings Berhad7.23%$0.0976.61%
SOGN.OLSogn Sparebank7.22%$20.0011.36%
0QN6.LSF Urban Properties AG7.21%$7.2563.89%
WBC.AXWestpac Banking Corporation7.21%$2.8174.44%
120110.KSKolon Industries, Inc.7.20%$3,060.7698.52%
MILS3.SAMills Locação, Serviços e Logística S.A.7.20%$1.0181.51%
UZU.DEUzin Utz AG7.20%$5.1146.82%
3296.TNIPPON REIT Investment Corporation7.19%$7,108.4763.73%
600035.SSHubei Chutian Smart Communication Co.,Ltd.7.19%$0.2866.74%
036460.KSKorea Gas Corporation7.17%$2,752.5029.13%
HABITAT.SNAdministradora de Fondos de Pensiones Habitat S.A.7.17%$110.0070.97%
ITUB3.SAItaú Unibanco Holding S.A.7.17%$2.6064.54%
SAMF.JKPT Saraswanti Anugerah Makmur, Tbk7.17%$22.2285.61%
0HM0.LVGP N.V.7.16%$7.0036.73%
VLS.AXVita Life Sciences Limited7.16%$0.1855.52%
CRBN.ASCorbion N.V.7.15%$1.3455.86%
0586.HKChina Conch Venture Holdings Limited7.14%$0.6929.51%
600011.SSHuaneng Power International, Inc.7.14%$0.5357.39%
IFII.JKPT Indonesia Fibreboard Industry Tbk7.14%$16.0070.24%
UNTR.JKPT United Tractors Tbk7.14%$2,150.1250.66%
4987.TWOGodex International Co., Ltd7.12%$5.1885.38%
2328.HKPICC Property and Casualty Company Limited7.11%$1.1842.87%
CXSE3.SACaixa Seguridade Participações S.A.7.11%$1.1880.41%
PUB.PAPublicis Groupe S.A.7.11%$6.2349.76%
600057.SSXiamen Xiangyu Co., Ltd.7.10%$0.6177.47%
MYPK3.SAIochpe-Maxion S.A.7.09%$0.7051.81%
PRM-R.BKPrima Marine Public Company Limited7.09%$0.4949.90%
601187.SSXiamen Bank Co., Ltd.7.08%$0.5252.74%
014130.KSHanexpress.Co., Ltd7.07%$213.2520.61%
0NY3.LSTEF S.a.7.07%$9.1944.77%