DDM Analysis: 002140.KS

Valuation Snapshot

Stable Growth	$11,948.61 - $64,522.15	$21,662.53
Multi-Stage	$12,233.39 - $13,436.09	$12,823.37
Blended Fair Value	$17,242.95
Current Price	$2,610.00
Upside	560.65%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-3.58%	0.22%	24.96	24.96	39.94	34.95	29.96	29.96	34.95	29.31	29.74	43.54
YoY Growth	-	-	0.00%	-37.50%	14.29%	16.67%	0.00%	-14.29%	19.24%	-1.44%	-31.70%	78.25%
Dividend Yield	-	-	0.96%	0.79%	1.10%	0.96%	0.70%	1.49%	1.57%	0.85%	0.41%	2.33%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	9,147.65
(-) Cash Dividends Paid (M)	740.14
(=) Cash Retained (M)	8,407.51

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,829.53	1,143.46	686.07
Cash Retained (M)	8,407.51	8,407.51	8,407.51
(-) Cash Required (M)	-1,829.53	-1,143.46	-686.07
(=) Excess Retained (M)	6,577.98	7,264.05	7,721.43
(/) Shares Outstanding (M)	24.71	24.71	24.71
(=) Excess Retained per Share	266.23	293.99	312.50
LTM Dividend per Share	29.96	29.96	29.96
(+) Excess Retained per Share	266.23	293.99	312.50
(=) Adjusted Dividend	296.18	323.95	342.46
WACC / Discount Rate	5.77%	5.77%	5.77%
Growth Rate	3.21%	4.21%	5.21%
Fair Value	$11,948.61	$21,662.53	$64,522.15
Upside / Downside	357.80%	729.98%	2,372.11%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	9,147.65	9,533.01	9,934.61	10,353.12	10,789.27	11,243.79	11,581.10
Payout Ratio	8.09%	24.47%	40.85%	57.24%	73.62%	90.00%	92.50%
Projected Dividends (M)	740.14	2,333.00	4,058.75	5,925.76	7,942.87	10,119.41	10,712.52

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	5.77%	5.77%	5.77%
Growth Rate	3.21%	4.21%	5.21%
Year 1 PV (M)	2,184.54	2,205.71	2,226.87
Year 2 PV (M)	3,558.63	3,627.92	3,697.88
Year 3 PV (M)	4,864.97	5,007.75	5,153.30
Year 4 PV (M)	6,106.03	6,346.13	6,593.24
Year 5 PV (M)	7,284.20	7,643.98	8,017.84
PV of Terminal Value (M)	278,267.09	292,011.13	306,292.94
Equity Value (M)	302,265.46	316,842.61	331,982.06
Shares Outstanding (M)	24.71	24.71	24.71
Fair Value	$12,233.39	$12,823.37	$13,436.09
Upside / Downside	368.71%	391.32%	414.79%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 21 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
GATX	GATX Corporation	1.45%	$2.47	28.36%
SF	Stifel Financial Corp.	1.45%	$1.86	30.82%
0HFN.L	Analog Devices, Inc.	1.44%	$3.90	84.88%
HAYN	Haynes International, Inc.	1.44%	$0.88	30.16%
0I58.L	Cummins Inc.	1.43%	$7.42	38.53%
0HRJ.L	CSX Corporation	1.42%	$0.51	33.32%
OLED	Universal Display Corporation	1.42%	$1.73	37.24%
BBW	Build-A-Bear Workshop, Inc.	1.41%	$0.86	19.50%
LBC	Luther Burbank Corporation	1.41%	$0.13	17.07%
SNDR	Schneider National, Inc.	1.41%	$0.38	58.72%
0R13.L	Church & Dwight Co., Inc.	1.40%	$1.16	36.55%
COHN	Cohen & Company Inc.	1.40%	$0.35	48.05%
HLI	Houlihan Lokey, Inc.	1.40%	$2.48	39.81%
PATK	Patrick Industries, Inc.	1.40%	$1.54	44.05%
CXT	Crane NXT, Co.	1.39%	$0.66	24.82%
ESBA	Empire State Realty OP, L.P.	1.39%	$0.09	49.94%
MMS	Maximus, Inc.	1.39%	$1.21	21.54%
WYNN	Wynn Resorts, Limited	1.39%	$1.70	34.98%
ATEN	A10 Networks, Inc.	1.38%	$0.24	34.61%
HYAC	Haymaker Acquisition Corp. III	1.38%	$0.16	37.41%
ISTR	Investar Holding Corporation	1.38%	$0.36	18.11%
MCY	Mercury General Corporation	1.38%	$1.27	16.00%
ACU	Acme United Corporation	1.37%	$0.55	28.31%
DE	Deere & Company	1.36%	$6.34	34.22%
HYAC-UN	Haymaker Acquisition Corp. 4	1.36%	$0.16	37.41%
RTX	RTX Corporation	1.36%	$2.56	52.52%
0HIN.L	Assurant, Inc.	1.35%	$3.22	19.47%
AL	Air Lease Corporation	1.35%	$0.86	9.51%
BGCP	BGC Partners, Inc.	1.34%	$0.06	11.88%
ESRT	Empire State Realty Trust, Inc.	1.34%	$0.09	49.94%
HUM	Humana Inc.	1.34%	$3.55	33.23%
ZEUS	Olympic Steel, Inc.	1.34%	$0.59	50.16%
0K9L.L	Nucor Corporation	1.33%	$2.22	31.04%
BY	Byline Bancorp, Inc.	1.33%	$0.39	13.97%
LPX	Louisiana-Pacific Corporation	1.33%	$1.09	35.19%
OPOF	Old Point Financial Corporation	1.33%	$0.56	32.91%
WSM	Williams-Sonoma, Inc.	1.33%	$2.50	27.85%
RUSHA	Rush Enterprises, Inc.	1.32%	$0.71	21.15%
VLEOX	Value Line Small Cap Opportunities Fund, Inc. Investor Class	1.32%	$0.79	56.29%
0IW7.L	Global Payments Inc.	1.31%	$1.01	13.82%
APO	Apollo Global Management, Inc.	1.31%	$1.92	27.59%
EMP	Entergy Mississippi, Inc. 1M BD 66	1.31%	$0.27	6.72%
NDSN	Nordson Corporation	1.31%	$3.15	36.67%
ROK	Rockwell Automation, Inc.	1.31%	$5.23	68.01%
UMBF	UMB Financial Corporation	1.31%	$1.52	18.87%
0L3I.L	The Charles Schwab Corporation	1.30%	$1.29	28.42%
0R2X.L	Corning Incorporated	1.30%	$1.15	72.69%
EBAY	eBay Inc.	1.30%	$1.13	24.20%
GGG	Graco Inc.	1.30%	$1.07	36.31%
HES	Hess Corporation	1.30%	$1.94	26.90%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Korea Industrial Co., Ltd. (002140.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener