Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Shinhan Financial Group Co., Ltd. (055550.KS)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$391,967.96 - $1,951,342.67$821,829.40
Multi-Stage$240,827.74 - $263,682.67$252,044.44
Blended Fair Value$536,936.92
Current Price$61,400.00
Upside774.49%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.81%12.23%2,568.442,962.123,123.262,470.361,963.801,683.931,448.671,432.171,356.241,107.04
YoY Growth---13.29%-5.16%26.43%25.79%16.62%16.24%1.15%5.60%22.51%36.61%
Dividend Yield--5.46%6.50%8.84%5.95%5.24%5.89%3.31%3.13%2.91%2.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,867,041.00
(-) Cash Dividends Paid (M)1,292,142.00
(=) Cash Retained (M)3,574,899.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)973,408.20608,380.13365,028.08
Cash Retained (M)3,574,899.003,574,899.003,574,899.00
(-) Cash Required (M)-973,408.20-608,380.13-365,028.08
(=) Excess Retained (M)2,601,490.802,966,518.883,209,870.93
(/) Shares Outstanding (M)493.35493.35493.35
(=) Excess Retained per Share5,273.086,012.976,506.24
LTM Dividend per Share2,619.102,619.102,619.10
(+) Excess Retained per Share5,273.086,012.976,506.24
(=) Adjusted Dividend7,892.188,632.089,125.34
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate4.92%5.92%6.92%
Fair Value$391,967.96$821,829.40$1,951,342.67
Upside / Downside538.38%1,238.48%3,078.08%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,867,041.005,155,117.495,460,245.005,783,432.796,125,749.816,488,328.326,682,978.17
Payout Ratio26.55%39.24%51.93%64.62%77.31%90.00%92.50%
Projected Dividends (M)1,292,142.002,022,819.482,835,466.603,737,226.994,735,802.735,839,495.496,181,754.81

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate4.92%5.92%6.92%
Year 1 PV (M)1,872,086.941,889,930.121,907,773.30
Year 2 PV (M)2,428,635.352,475,151.442,522,108.78
Year 3 PV (M)2,962,484.863,048,002.623,135,150.50
Year 4 PV (M)3,474,314.703,608,677.593,746,900.49
Year 5 PV (M)3,964,786.134,157,367.594,357,360.80
PV of Terminal Value (M)104,110,779.58109,167,750.03114,419,344.56
Equity Value (M)118,813,087.55124,346,879.38130,088,638.43
Shares Outstanding (M)493.35493.35493.35
Fair Value$240,827.74$252,044.44$263,682.67
Upside / Downside292.23%310.50%329.45%

High-Yield Dividend Screener

« Prev Page 24 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
NDA-FI.HENordea Bank Abp5.73%$0.9467.38%
RBF.BKR&B Food Supply Public Company Limited5.73%$0.1781.37%
1882.HKHaitian International Holdings Limited5.72%$1.2733.58%
3339.HKLonking Holdings Limited5.72%$0.1736.46%
4126.TWOPacific Hospital Supply Co., Ltd5.72%$4.8486.09%
SLFSun Life Financial Inc.5.72%$3.6065.58%
0QKD.LForbo Holding AG5.71%$50.0340.66%
IPE.WAIPOPEMA Securities S.A.5.71%$0.2368.17%
SNOR.OLSpareBank 1 Nordmøre5.71%$10.0420.14%
3705.TWYungShin Global Holding Corporation5.70%$3.2590.33%
MST.BKMaybank Securities (Thailand) Public Company Limited5.70%$0.3875.36%
3462.TNomura Real Estate Master Fund, Inc.5.69%$9,849.8672.94%
CHILE.SNBanco de Chile5.69%$9.8578.63%
RSUL4.SAMetalúrgica Riosulense S.A.5.69%$3.9836.85%
600007.SSChina World Trade Center Co., Ltd.5.68%$1.1395.72%
AURG.OLAurskog Sparebank5.68%$15.0028.30%
BPO-PT.TOBrookfield Office Properties Inc5.68%$1.1634.59%
KTY.WAGrupa Kety S.A.5.68%$52.8592.39%
PREB.BKPre-Built Public Company Limited5.68%$0.2076.14%
3213.TWOMildef Crete Inc.5.67%$5.9677.23%
NAB.AXNational Australia Bank Limited5.67%$2.4066.40%
3282.TComforia Residential REIT, Inc5.66%$18,861.6284.64%
DTEL.BRDeutsche Telekom AG5.66%$1.1349.89%
HELG.OLSpareBank 1 Helgeland5.66%$10.3551.40%
SITHAI.BKSrithai Superware Public Company Limited5.66%$0.0697.25%
002884.SZGuangdong Lingxiao Pump Industry Co.,Ltd.5.65%$1.0077.13%
1535.TWChina Ecotek Corporation5.65%$2.9975.30%
8960.TUnited Urban Investment Corporation5.65%$10,346.6368.81%
SIILI.HESiili Solutions Oyj5.65%$0.2640.06%
AVEN.STAvensia AB (publ)5.64%$0.5078.26%
RPH.BKRatchaphruek Hospital Public Company Limited5.64%$0.2885.55%
1702.HKDongguang Chemical Limited5.63%$0.1123.80%
601033.SSGrandtop Yongxing Group Co., Ltd.5.63%$0.8583.54%
601398.SSIndustrial & Commercial Bank of China Ltd.5.63%$0.4543.37%
JDF.BKJD Food Public Company Limited5.63%$0.0852.54%
024110.KSIndustrial Bank of Korea5.62%$1,165.3436.50%
DHBK.QADoha Bank Q.P.S.C.5.62%$0.1655.17%
0667.HKChina East Education Holdings Limited5.61%$0.3885.28%
0807.HKSIIC Environment Holdings Ltd.5.61%$0.0625.08%
EKH.BKEkachai Medical Care Public Company Limited5.61%$0.2891.43%
HIFA-B.STHifab Group AB (publ.)5.61%$0.1742.74%
KCAR.BKKrungthai Car Rent and Lease Public Company Limited5.61%$0.3043.66%
000987.SZGuangzhou Yuexiu Financial Holdings Group Co., Ltd.5.60%$0.4663.54%
0VCO.LPeyto Exploration & Development Corp.5.60%$1.2970.79%
1537.TWKung Long Batteries Industrial Co.,Ltd5.60%$7.0072.79%
DVR.AXDiverger Limited5.60%$0.0769.90%
SECURE.BKnForce Secure Public Company Limited5.60%$0.7053.33%
029960.KQKorea Environment Technology Co., Ltd.5.59%$499.3892.03%
2057.HKZTO Express (Cayman) Inc.5.59%$9.3186.81%
3468.TStar Asia Investment Corporation5.59%$3,448.1578.34%