Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Korea Airport Service Co.,Ltd. (005430.KS)

Company Dividend Discount ModelIndustry: Airlines, Airports & Air ServicesSector: Industrials

Valuation Snapshot

Stable Growth$180,265.46 - $334,933.47$243,620.23
Multi-Stage$245,143.18 - $269,311.67$256,997.01
Blended Fair Value$250,308.62
Current Price$52,200.00
Upside379.52%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%7.17%999.960.000.000.00999.94999.94499.95499.94500.05499.95
YoY Growth--0.00%0.00%-100.00%-100.00%0.00%100.01%0.00%-0.02%0.02%-0.04%
Dividend Yield--2.09%0.00%0.00%0.00%2.44%3.91%1.10%1.06%1.25%1.54%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)37,102.52
(-) Cash Dividends Paid (M)3,057.87
(=) Cash Retained (M)34,044.65
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7,420.504,637.822,782.69
Cash Retained (M)34,044.6534,044.6534,044.65
(-) Cash Required (M)-7,420.50-4,637.82-2,782.69
(=) Excess Retained (M)26,624.1529,406.8431,261.96
(/) Shares Outstanding (M)3.063.063.06
(=) Excess Retained per Share8,706.399,616.3610,223.01
LTM Dividend per Share999.96999.96999.96
(+) Excess Retained per Share8,706.399,616.3610,223.01
(=) Adjusted Dividend9,706.3510,616.3211,222.97
WACC / Discount Rate7.11%7.11%7.11%
Growth Rate1.64%2.64%3.64%
Fair Value$180,265.46$243,620.23$334,933.47
Upside / Downside245.34%366.71%541.64%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)37,102.5238,081.9039,087.1440,118.9141,177.9242,264.8843,532.83
Payout Ratio8.24%24.59%40.95%57.30%73.65%90.00%92.50%
Projected Dividends (M)3,057.879,365.6116,004.2322,986.8030,326.8538,038.4040,267.87

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.11%7.11%7.11%
Growth Rate1.64%2.64%3.64%
Year 1 PV (M)8,658.538,743.728,828.91
Year 2 PV (M)13,678.9013,949.3914,222.52
Year 3 PV (M)18,163.6418,705.0519,257.11
Year 4 PV (M)22,154.3923,039.2223,950.30
Year 5 PV (M)25,689.9226,978.8128,318.91
PV of Terminal Value (M)661,302.48694,480.66728,977.33
Equity Value (M)749,647.86785,896.84823,555.09
Shares Outstanding (M)3.063.063.06
Fair Value$245,143.18$256,997.01$269,311.67
Upside / Downside369.62%392.33%415.92%

High-Yield Dividend Screener

« Prev Page 2 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
GHYPGIM Global High Yield Fund, Inc15.29%$1.8962.38%
BGRBlackRock Energy and Resources Trust15.26%$2.1298.26%
BOEBlackRock Enhanced Global Dividend Trust15.09%$1.7867.28%
FENFirst Trust Energy Income and Growth Fund15.00%$2.4049.79%
SOJESouthern Company (The) Series 214.95%$2.6967.01%
PSFCohen & Steers Select Preferred and Income Fund, Inc.14.84%$3.0256.28%
EVGEaton Vance Short Duration Diversified Income Fund14.82%$1.6271.62%
LDPCohen & Steers Limited Duration Preferred and Income Fund, Inc.14.73%$3.1554.69%
DNPDNP Select Income Fund Inc.14.64%$1.4553.01%
JRSNuveen Real Estate Income Fund14.56%$1.1189.79%
DPGDuff & Phelps Utility and Infrastructure Fund Inc.14.47%$1.8654.60%
BSTBlackRock Science and Technology Trust14.42%$5.8646.91%
MPAIXMorgan Stanley Insti Fd Advantage Portfolio Cl I14.33%$4.0043.20%
JCAPJefferson Capital, Inc. Common Stock14.11%$3.1245.65%
PHTPioneer High Income Fund, Inc.13.99%$1.1961.96%
RZC7.125% Fixed-Rate Reset Subordinated Debentures due 205213.93%$3.5527.34%
RNPCohen & Steers REIT and Preferred Income Fund, Inc.13.88%$2.7761.92%
DOMHDominari Holdings Inc.13.87%$0.7010.86%
STT-PDState Street Corporation13.86%$3.4633.48%
FCTFirst Trust Senior Floating Rate Income Fund II13.80%$1.3867.42%
VIRTVirtu Financial, Inc.13.57%$4.4389.50%
DHFBNY Mellon High Yield Strategies Fund13.55%$0.3461.16%
JHIJohn Hancock Investors Trust13.15%$1.7974.97%
AIOVirtus Artificial Intelligence & Technology Opportunities Fund12.91%$2.8238.01%
UTFCohen & Steers Infrastructure Fund, Inc12.84%$3.1453.56%
DFPFlaherty & Crumrine Dynamic Preferred and Income Fund Inc.12.81%$2.6848.05%
WEAWestern Asset Premier Bond Fund12.81%$1.4380.16%
TPZTortoise Essential Energy Fund12.76%$2.6467.76%
FTFranklin Universal Trust12.72%$1.0256.42%
CSQCalamos Strategic Total Return Fund12.70%$2.4351.10%
HYBThe New America High Income Fund Inc.12.68%$1.0463.42%
NBBNuveen Taxable Municipal Income Fund12.66%$2.0085.04%
RWAYRunway Growth Finance Corp.12.66%$1.1475.51%
ELVTElevate Credit, Inc.12.61%$0.2475.91%
NDPTortoise Energy Independence Fund, Inc.12.60%$5.0986.32%
BCEICivitas Resources, Inc.12.58%$7.0698.41%
GENVRGen Digital Inc. Contingent Value Rights12.54%$0.5054.91%
SOJCThe Southern Company JR 2017B NT 7712.31%$2.6967.01%
BTOJohn Hancock Financial Opportunities Fund12.25%$4.3229.72%
FEIFirst Trust MLP and Energy Income Fund12.21%$1.2058.56%
PCNPIMCO Corporate & Income Strategy Fund12.19%$1.5568.95%
HTDJohn Hancock Tax-Advantaged Dividend Income Fund12.17%$2.9051.08%
NIEVirtus Equity & Convertible Income Fund12.17%$3.0445.26%
PFDFlaherty & Crumrine Preferred Income Fund Inc.11.99%$1.4348.51%
TYGTortoise Energy Infrastructure Corporation11.98%$4.9643.95%
FPLFirst Trust New Opportunities MLP & Energy Fund11.82%$0.9254.20%
BTZBlackRock Credit Allocation Income Trust11.69%$1.2692.75%
BHBFXMadison Dividend Income Fd Cl Y11.61%$2.8540.22%
CGABLThe Carlyle Group Inc. 4.625% Subordinated Notes due 206111.57%$2.0197.92%
DBLDoubleLine Opportunistic Credit Fund11.57%$1.7652.03%