Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

NH Investment & Securities Co., Ltd. (005940.KS)

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

Valuation Snapshot

Stable Growth$130,286.04 - $418,994.90$392,659.58
Multi-Stage$55,981.54 - $61,233.42$58,559.42
Blended Fair Value$225,609.50
Current Price$19,990.00
Upside1,028.61%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.12%37.20%806.22710.53959.34608.86435.68435.30435.30348.78348.78141.14
YoY Growth--13.47%-25.93%57.56%39.75%0.09%0.00%24.80%0.00%147.11%313.82%
Dividend Yield--5.75%6.30%10.90%5.34%3.74%4.84%3.19%2.46%2.78%1.42%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)728,950.00
(-) Cash Dividends Paid (M)328,342.00
(=) Cash Retained (M)400,608.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)145,790.0091,118.7554,671.25
Cash Retained (M)400,608.00400,608.00400,608.00
(-) Cash Required (M)-145,790.00-91,118.75-54,671.25
(=) Excess Retained (M)254,818.00309,489.25345,936.75
(/) Shares Outstanding (M)345.99345.99345.99
(=) Excess Retained per Share736.48894.49999.83
LTM Dividend per Share948.98948.98948.98
(+) Excess Retained per Share736.48894.49999.83
(=) Adjusted Dividend1,685.461,843.471,948.81
WACC / Discount Rate6.86%6.86%6.86%
Growth Rate5.50%6.50%7.50%
Fair Value$130,286.04$392,659.58$418,994.90
Upside / Downside551.76%1,864.28%1,996.02%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)728,950.00776,331.75826,793.31880,534.88937,769.65998,724.671,028,686.41
Payout Ratio45.04%54.03%63.03%72.02%81.01%90.00%92.50%
Projected Dividends (M)328,342.00419,487.10521,093.82634,137.07759,674.33898,852.21951,534.93

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.86%6.86%6.86%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)388,854.14392,539.97396,225.79
Year 2 PV (M)447,767.08456,295.79464,904.95
Year 3 PV (M)505,111.80519,611.74534,386.56
Year 4 PV (M)560,918.73582,490.08604,677.71
Year 5 PV (M)615,217.81644,933.06675,785.59
PV of Terminal Value (M)16,851,434.7617,665,365.3618,510,447.00
Equity Value (M)19,369,304.3220,261,236.0021,186,427.59
Shares Outstanding (M)345.99345.99345.99
Fair Value$55,981.54$58,559.42$61,233.42
Upside / Downside180.05%192.94%206.32%

High-Yield Dividend Screener

« Prev Page 2 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0081.HKChina Overseas Grand Oceans Group Limited15.97%$0.3160.87%
QRF.BRQrf Comm. VA15.92%$1.6488.42%
INC-UN.TOIncome Financial Trust15.90%$1.4843.23%
QRI.AXQualitas Real Estate Income Fund15.90%$0.2594.00%
9172.KLFormosa Prosonic Industries Berhad15.89%$0.1872.55%
1099.HKSinopharm Group Co. Ltd.15.88%$3.1363.13%
XBBDC.MCBanco Bradesco S.A.15.82%$0.4623.31%
LPIN.JKPT Multi Prima Sejahtera Tbk15.59%$69.5396.86%
LFG.AXLiberty Financial Group Limited15.46%$0.6679.98%
ALPDX.PAPiscines Desjoyaux S.A.15.43%$2.0088.06%
2660.HKZengame Technology Holding Limited15.29%$0.3942.93%
CD3.AXCD Private Equity Fund III15.14%$0.1791.41%
PAGSPagSeguro Digital Ltd.15.12%$1.4619.46%
0912.HKSuga International Holdings Limited15.10%$0.1669.91%
RUI.PARubis15.03%$4.8772.73%
WAM.AXWAM Capital Limited15.01%$0.2767.95%
0113.HKDickson Concepts (International) Limited15.00%$0.8467.46%
0830.HKChina State Construction Development Holdings Limited14.96%$0.1834.59%
FFARM.ASForFarmers N.V.14.96%$0.6785.82%
BM.BKBangkok Sheet Metal Public Company Limited14.94%$0.1777.02%
DGS.TODividend Growth Split Corp.14.90%$1.1529.30%
6110.HKTopsports International Holdings Limited14.83%$0.4376.21%
GLB.AXGlobe International Limited14.83%$0.3872.14%
MOT.AXMetrics Income Opportunities Trust14.82%$0.2879.33%
CIQ-UN.TOCanadian High Income Equity Fund14.80%$1.0424.28%
BBVA.DEBanco Bilbao Vizcaya Argentaria, S.A.14.69%$0.6438.92%
601169.SSBank of Beijing Co., Ltd.14.63%$0.8064.51%
0184.HKKeck Seng Investments (Hong Kong) Limited14.62%$0.3123.90%
0881.HKZhongsheng Group Holdings Limited14.56%$1.7065.93%
6626.HKYuexiu Services Group Limited14.51%$0.3664.32%
ALNU.MEPJSC ALROSA-Nyurba14.51%$9,491.6654.89%
NONG.OLSpareBank 1 Nord-Norge14.36%$21.7372.60%
0640.HKInfinity Development Holdings Company Limited14.32%$0.3651.92%
2558.HKJinshang Bank Co., Ltd.14.28%$0.2031.14%
0270.HKGuangdong Investment Limited14.27%$0.9899.44%
0517.HKCOSCO SHIPPING International (Hong Kong) Co., Ltd.14.01%$0.8888.71%
2560.HKAnhui Conch Material Technology Co Ltd14.01%$0.2449.79%
WTCM.MEJoint Stock Company "World Trade Center Moscow"13.98%$1.9924.33%
6186.HKChina Feihe Limited13.94%$0.5681.20%
601186.SSChina Railway Construction Corporation Limited13.92%$1.0764.40%
CFEB.BRCompagnie d'Entreprises CFE S.A.13.92%$1.2171.32%
PMV.AXPremier Investments Limited13.92%$1.9251.67%
601229.SSBank of Shanghai Co., Ltd.13.82%$1.4093.74%
2120.HKWenzhou Kangning Hospital Co., Ltd.13.78%$1.3769.01%
DLNGDynagas LNG Partners LP13.72%$0.5131.08%
MXT.AXMetrics Master Income Trust13.71%$0.2785.17%
0085.HKChina Electronics Huada Technology Company Limited13.70%$0.1947.52%
0046.HKComputer And Technologies Holdings Limited13.69%$0.2285.50%
601328.SSBank of Communications Co., Ltd.13.66%$0.9992.22%
AKER.OLAker ASA13.66%$106.4372.10%