Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ncsoft Corporation (036570.KS)

Company Dividend Discount ModelIndustry: Electronic Gaming & MultimediaSector: Technology

Valuation Snapshot

Stable Growth$317,664.77 - $703,711.53$458,056.37
Multi-Stage$1,393,951.16 - $1,543,059.70$1,466,984.79
Blended Fair Value$962,520.58
Current Price$216,000.00
Upside345.61%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-12.59%18.18%3,277.396,993.996,135.459,084.135,546.106,423.287,976.144,183.313,096.783,539.06
YoY Growth---53.14%13.99%-32.46%63.79%-13.66%-19.47%90.67%35.09%-12.50%473.62%
Dividend Yield--2.19%3.40%1.65%1.94%0.64%0.99%1.63%1.00%1.02%1.40%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)341,592.84
(-) Cash Dividends Paid (M)28,314.46
(=) Cash Retained (M)313,278.38
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)68,318.5742,699.1125,619.46
Cash Retained (M)313,278.38313,278.38313,278.38
(-) Cash Required (M)-68,318.57-42,699.11-25,619.46
(=) Excess Retained (M)244,959.81270,579.27287,658.91
(/) Shares Outstanding (M)19.4019.4019.40
(=) Excess Retained per Share12,629.5613,950.4414,831.03
LTM Dividend per Share1,459.831,459.831,459.83
(+) Excess Retained per Share12,629.5613,950.4414,831.03
(=) Adjusted Dividend14,089.3915,410.2716,290.86
WACC / Discount Rate0.79%0.79%0.79%
Growth Rate-3.49%-2.49%-1.49%
Fair Value$317,664.77$458,056.37$703,711.53
Upside / Downside47.07%112.06%225.79%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)341,592.84333,085.26324,789.57316,700.49308,812.87301,121.70310,155.35
Payout Ratio8.29%24.63%40.97%57.32%73.66%90.00%92.50%
Projected Dividends (M)28,314.4682,042.77133,077.24181,518.72227,464.74271,009.53286,893.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate0.79%0.79%0.79%
Growth Rate-3.49%-2.49%-1.49%
Year 1 PV (M)80,564.9881,399.7782,234.56
Year 2 PV (M)128,326.34130,999.47133,700.16
Year 3 PV (M)171,885.60177,284.22182,794.72
Year 4 PV (M)211,513.53220,417.27229,599.20
Year 5 PV (M)247,465.49260,554.74274,192.09
PV of Terminal Value (M)26,196,972.1827,582,614.6729,026,279.47
Equity Value (M)27,036,728.1228,453,270.1529,928,800.19
Shares Outstanding (M)19.4019.4019.40
Fair Value$1,393,951.16$1,466,984.79$1,543,059.70
Upside / Downside545.35%579.16%614.38%

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%