DDM Analysis: 003090.KS

Valuation Snapshot

Stable Growth	$337,125.98 - $397,209.86	$372,235.30
Multi-Stage	$101,788.36 - $111,663.23	$106,633.78
Blended Fair Value	$239,434.54
Current Price	$23,050.00
Upside	938.76%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	13.67%	-0.64%	200.46	198.61	101.68	103.89	105.64	105.64	105.64	187.83	200.14	200.14
YoY Growth	-	-	0.93%	95.33%	-2.13%	-1.66%	0.00%	0.00%	-43.76%	-6.15%	0.00%	-6.41%
Dividend Yield	-	-	1.07%	0.98%	0.67%	0.33%	0.32%	0.94%	0.53%	0.89%	1.91%	1.52%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	81,847.11
(-) Cash Dividends Paid (M)	8,632.98
(=) Cash Retained (M)	73,214.13

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	16,369.42	10,230.89	6,138.53
Cash Retained (M)	73,214.13	73,214.13	73,214.13
(-) Cash Required (M)	-16,369.42	-10,230.89	-6,138.53
(=) Excess Retained (M)	56,844.71	62,983.24	67,075.60
(/) Shares Outstanding (M)	40.88	40.88	40.88
(=) Excess Retained per Share	1,390.54	1,540.70	1,640.81
LTM Dividend per Share	211.18	211.18	211.18
(+) Excess Retained per Share	1,390.54	1,540.70	1,640.81
(=) Adjusted Dividend	1,601.72	1,751.88	1,851.99
WACC / Discount Rate	5.01%	5.01%	5.01%
Growth Rate	5.24%	6.24%	7.24%
Fair Value	$337,125.98	$372,235.30	$397,209.86
Upside / Downside	1,362.59%	1,514.90%	1,623.25%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	81,847.11	86,953.49	92,378.46	98,141.88	104,264.87	110,769.88	114,092.98
Payout Ratio	10.55%	26.44%	42.33%	58.22%	74.11%	90.00%	92.50%
Projected Dividends (M)	8,632.98	22,988.90	39,102.52	57,137.30	77,270.22	99,692.89	105,536.00

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	5.01%	5.01%	5.01%
Growth Rate	5.24%	6.24%	7.24%
Year 1 PV (M)	21,685.94	21,892.00	22,098.06
Year 2 PV (M)	34,795.63	35,460.04	36,130.74
Year 3 PV (M)	47,962.26	49,342.53	50,749.03
Year 4 PV (M)	61,185.99	63,544.96	65,971.48
Year 5 PV (M)	74,467.03	78,072.91	81,817.14
PV of Terminal Value (M)	3,920,979.21	4,110,842.73	4,307,990.97
Equity Value (M)	4,161,076.07	4,359,155.17	4,564,757.42
Shares Outstanding (M)	40.88	40.88	40.88
Fair Value	$101,788.36	$106,633.78	$111,663.23
Upside / Downside	341.60%	362.62%	384.44%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 24 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
EXPD	Expeditors International of Washington, Inc.	0.99%	$1.50	24.32%
LISOX	Lazard International Strategic Equity Ptf Open Shares	0.99%	$0.13	36.87%
MXC	Mexco Energy Corporation	0.99%	$0.10	12.25%
NIC	Nicolet Bankshares, Inc.	0.99%	$1.19	12.58%
PAYC	Paycom Software, Inc.	0.99%	$1.51	18.80%
RRC	Range Resources Corporation	0.99%	$0.35	14.60%
WLFC	Willis Lease Finance Corporation	0.99%	$1.32	7.58%
WOR	Worthington Industries, Inc.	0.99%	$0.52	23.95%
CNXN	PC Connection, Inc.	0.98%	$0.56	16.89%
CAT	Caterpillar Inc.	0.97%	$5.78	29.40%
CNK	Cinemark Holdings, Inc.	0.97%	$0.23	18.28%
ECL	Ecolab Inc.	0.97%	$2.54	36.57%
EVR	Evercore Inc.	0.97%	$3.41	27.02%
LSBK	Lake Shore Bancorp, Inc.	0.96%	$0.14	24.34%
0ITL.L	Arthur J. Gallagher & Co.	0.95%	$2.42	39.43%
0IZI.L	W.W. Grainger, Inc.	0.95%	$9.52	26.47%
0L5V.L	The Sherwin-Williams Company	0.95%	$3.11	30.09%
0R2S.L	Stryker Corporation	0.95%	$3.28	43.09%
RRX	Regal Rexnord Corporation	0.95%	$1.39	36.07%
WT	WisdomTree, Inc.	0.95%	$0.12	18.12%
J	Jacobs Solutions Inc.	0.94%	$1.27	53.80%
ORCL	Oracle Corporation	0.94%	$1.84	34.81%
TCBS	Texas Community Bancshares, Inc.	0.94%	$0.17	19.22%
IMKTA	Ingles Markets, Incorporated	0.93%	$0.65	14.68%
ODC	Oil-Dri Corporation of America	0.93%	$0.45	12.28%
PENG	Penguin Solutions, Inc.	0.93%	$0.19	40.17%
SSBK	Southern States Bancshares, Inc.	0.93%	$0.34	9.19%
DAL	Delta Air Lines, Inc.	0.92%	$0.63	8.94%
HIFS	Hingham Institution for Savings	0.92%	$2.49	12.15%
RL	Ralph Lauren Corporation	0.92%	$3.34	24.37%
OPY	Oppenheimer Holdings Inc.	0.91%	$0.66	8.90%
BGC	BGC Group, Inc	0.90%	$0.08	23.56%
CDRE	Cadre Holdings, Inc.	0.90%	$0.37	33.35%
MBNKP	Medallion Bank	0.90%	$0.23	12.50%
JBHT	J.B. Hunt Transport Services, Inc.	0.89%	$1.75	30.14%
NYT	The New York Times Company	0.89%	$0.62	30.32%
RMD	ResMed Inc.	0.89%	$2.18	22.31%
VBFC	Village Bank and Trust Financial Corp.	0.89%	$0.72	15.35%
0I14.L	Cognex Corporation	0.88%	$0.32	49.16%
AR	Antero Resources Corporation	0.88%	$0.30	17.15%
LDOS	Leidos Holdings, Inc.	0.88%	$1.61	14.88%
LMAT	LeMaitre Vascular, Inc.	0.88%	$0.70	32.20%
NNI	Nelnet, Inc.	0.88%	$1.14	9.52%
PFSI	PennyMac Financial Services, Inc.	0.88%	$1.16	12.49%
SMBK	SmartFinancial, Inc.	0.88%	$0.32	11.76%
BYD	Boyd Gaming Corporation	0.87%	$0.75	3.22%
ROST	Ross Stores, Inc.	0.87%	$1.59	24.85%
BBSI	Barrett Business Services, Inc.	0.86%	$0.31	15.02%
BCO	The Brink's Company	0.86%	$1.00	24.81%
HXL	Hexcel Corporation	0.86%	$0.66	77.18%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Daewoong Co., Ltd. (003090.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener