Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

UANGEL Corporation (072130.KS)

Company Dividend Discount ModelIndustry: Telecommunications ServicesSector: Communication Services

Valuation Snapshot

Stable Growth$3,098.06 - $4,752.67$3,869.87
Multi-Stage$6,634.37 - $7,309.67$6,965.36
Blended Fair Value$5,417.61
Current Price$5,150.00
Upside5.20%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.000.000.000.000.000.000.000.0095.1895.18
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%-100.00%0.00%-33.33%
Dividend Yield--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.77%1.91%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,129.43
(-) Cash Dividends Paid (M)865.32
(=) Cash Retained (M)3,264.11
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)825.89516.18309.71
Cash Retained (M)3,264.113,264.113,264.11
(-) Cash Required (M)-825.89-516.18-309.71
(=) Excess Retained (M)2,438.222,747.932,954.40
(/) Shares Outstanding (M)12.0612.0612.06
(=) Excess Retained per Share202.09227.76244.87
LTM Dividend per Share71.7271.7271.72
(+) Excess Retained per Share202.09227.76244.87
(=) Adjusted Dividend273.81299.48316.60
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3,098.06$3,869.87$4,752.67
Upside / Downside-39.84%-24.86%-7.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,129.434,088.134,047.254,006.783,966.713,927.044,044.85
Payout Ratio20.95%34.76%48.57%62.38%76.19%90.00%92.50%
Projected Dividends (M)865.321,421.191,965.872,499.513,022.273,534.343,741.49

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)1,318.981,332.431,345.89
Year 2 PV (M)1,693.251,727.981,763.07
Year 3 PV (M)1,998.042,059.832,122.88
Year 4 PV (M)2,242.172,335.092,430.88
Year 5 PV (M)2,433.472,560.182,692.12
PV of Terminal Value (M)70,357.7774,021.4677,836.21
Equity Value (M)80,043.6784,036.9988,191.06
Shares Outstanding (M)12.0612.0612.06
Fair Value$6,634.37$6,965.36$7,309.67
Upside / Downside28.82%35.25%41.94%

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