DDM Analysis: 009450.KS

Valuation Snapshot

Stable Growth	$1,419,053.39 - $1,671,885.32	$1,566,801.39
Multi-Stage	$998,690.63 - $1,096,255.44	$1,046,561.21
Blended Fair Value	$1,306,681.30
Current Price	$72,400.00
Upside	1,704.81%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	20.29%	20.20%	550.03	500.02	450.02	326.67	262.05	218.37	174.70	131.02	87.35	87.35
YoY Growth	-	-	10.00%	11.11%	37.76%	24.66%	20.00%	25.00%	33.33%	50.00%	0.00%	0.00%
Dividend Yield	-	-	0.77%	0.94%	1.33%	0.71%	0.51%	0.71%	0.31%	0.19%	0.27%	0.25%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	121,495.94
(-) Cash Dividends Paid (M)	9,394.41
(=) Cash Retained (M)	112,101.53

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	24,299.19	15,186.99	9,112.20
Cash Retained (M)	112,101.53	112,101.53	112,101.53
(-) Cash Required (M)	-24,299.19	-15,186.99	-9,112.20
(=) Excess Retained (M)	87,802.34	96,914.54	102,989.34
(/) Shares Outstanding (M)	14.45	14.45	14.45
(=) Excess Retained per Share	6,075.34	6,705.84	7,126.18
LTM Dividend per Share	650.03	650.03	650.03
(+) Excess Retained per Share	6,075.34	6,705.84	7,126.18
(=) Adjusted Dividend	6,725.37	7,355.88	7,776.21
WACC / Discount Rate	1.51%	1.51%	1.51%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$1,419,053.39	$1,566,801.39	$1,671,885.32
Upside / Downside	1,860.02%	2,064.09%	2,209.23%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	121,495.94	129,393.17	137,803.73	146,760.97	156,300.44	166,459.96	171,453.76
Payout Ratio	7.73%	24.19%	40.64%	57.09%	73.55%	90.00%	92.50%
Projected Dividends (M)	9,394.41	31,294.81	56,002.56	83,790.11	114,953.43	149,813.97	158,594.73

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	1.51%	1.51%	1.51%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	30,539.05	30,828.52	31,117.99
Year 2 PV (M)	53,330.36	54,346.16	55,371.53
Year 3 PV (M)	77,865.07	80,100.30	82,377.90
Year 4 PV (M)	104,244.99	108,253.95	112,377.46
Year 5 PV (M)	132,577.20	138,980.73	145,629.34
PV of Terminal Value (M)	14,034,769.96	14,712,654.60	15,416,483.48
Equity Value (M)	14,433,326.64	15,125,164.26	15,843,357.69
Shares Outstanding (M)	14.45	14.45	14.45
Fair Value	$998,690.63	$1,046,561.21	$1,096,255.44
Upside / Downside	1,279.41%	1,345.53%	1,414.16%

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

Kyung Dong Navien Co., Ltd. (009450.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener