DDM Analysis: 002170.KS

Valuation Snapshot

Stable Growth	$45,624.89 - $70,161.18	$57,051.13
Multi-Stage	$101,747.82 - $112,082.76	$106,813.34
Blended Fair Value	$81,932.23
Current Price	$54,900.00
Upside	49.24%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	11.14%	6.38%	1,574.22	1,599.44	1,342.68	1,342.68	1,076.02	928.34	848.18	848.18	932.99	848.18
YoY Growth	-	-	-1.58%	19.12%	0.00%	24.78%	15.91%	9.45%	0.00%	-9.09%	10.00%	0.00%
Dividend Yield	-	-	3.33%	3.16%	2.61%	2.25%	1.54%	2.06%	1.59%	1.83%	1.78%	1.78%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	13,276.83
(-) Cash Dividends Paid (M)	3,992.59
(=) Cash Retained (M)	9,284.24

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	2,655.37	1,659.60	995.76
Cash Retained (M)	9,284.24	9,284.24	9,284.24
(-) Cash Required (M)	-2,655.37	-1,659.60	-995.76
(=) Excess Retained (M)	6,628.88	7,624.64	8,288.48
(/) Shares Outstanding (M)	2.65	2.65	2.65
(=) Excess Retained per Share	2,498.87	2,874.24	3,124.49
LTM Dividend per Share	1,505.07	1,505.07	1,505.07
(+) Excess Retained per Share	2,498.87	2,874.24	3,124.49
(=) Adjusted Dividend	4,003.94	4,379.31	4,629.56
WACC / Discount Rate	6.51%	6.51%	6.51%
Growth Rate	-2.08%	-1.08%	-0.08%
Fair Value	$45,624.89	$57,051.13	$70,161.18
Upside / Downside	-16.89%	3.92%	27.80%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	13,276.83	13,133.03	12,990.78	12,850.08	12,710.90	12,573.23	12,950.42
Payout Ratio	30.07%	42.06%	54.04%	66.03%	78.01%	90.00%	92.50%
Projected Dividends (M)	3,992.59	5,523.42	7,020.62	8,484.74	9,916.33	11,315.90	11,979.14

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.51%	6.51%	6.51%
Growth Rate	-2.08%	-1.08%	-0.08%
Year 1 PV (M)	5,133.40	5,185.83	5,238.25
Year 2 PV (M)	6,064.15	6,188.65	6,314.41
Year 3 PV (M)	6,811.31	7,022.13	7,237.27
Year 4 PV (M)	7,398.44	7,705.33	8,021.68
Year 5 PV (M)	7,846.49	8,255.43	8,681.25
PV of Terminal Value (M)	236,657.72	248,991.71	261,834.68
Equity Value (M)	269,911.52	283,349.09	297,327.53
Shares Outstanding (M)	2.65	2.65	2.65
Fair Value	$101,747.82	$106,813.34	$112,082.76
Upside / Downside	85.33%	94.56%	104.16%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 25 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
MDC	M.D.C. Holdings, Inc.	0.86%	$0.54	55.94%
AXP	American Express Company	0.85%	$3.17	20.85%
FOXA	Fox Corporation	0.85%	$0.62	13.96%
LMST	Limestone Bancorp, Inc.	0.85%	$0.20	8.06%
RCL	Royal Caribbean Cruises Ltd.	0.85%	$2.41	16.19%
AZZ	AZZ Inc.	0.84%	$0.92	8.89%
HIBB	Hibbett, Inc.	0.84%	$0.74	9.00%
MAR	Marriott International, Inc.	0.84%	$2.62	27.38%
MORN	Morningstar, Inc.	0.84%	$1.77	20.03%
SGH	SMART Global Holdings, Inc.	0.84%	$0.14	30.96%
URI	United Rentals, Inc.	0.84%	$7.13	18.10%
0HYJ.L	Cintas Corporation	0.83%	$1.54	34.15%
EFX	Equifax Inc.	0.83%	$1.78	33.46%
GM	General Motors Company	0.82%	$0.66	21.22%
KVSA	Khosla Ventures Acquisition Co.	0.81%	$0.09	9.61%
WMT	Walmart Inc.	0.81%	$0.91	31.92%
BMI	Badger Meter, Inc.	0.80%	$1.41	30.10%
FRD	Friedman Industries, Incorporated	0.80%	$0.16	9.82%
ITT	ITT Inc.	0.80%	$1.40	22.66%
MLI	Mueller Industries, Inc.	0.80%	$0.94	13.89%
SSSSL	SuRo Capital Corp. 6.00% Notes due 2026	0.80%	$0.20	8.46%
RGLD	Royal Gold, Inc.	0.79%	$1.75	24.00%
VRSK	Verisk Analytics, Inc.	0.79%	$1.74	26.41%
COF	Capital One Financial Corporation	0.78%	$1.94	87.57%
EE	Excelerate Energy, Inc.	0.78%	$0.22	9.21%
0K36.L	Moody's Corporation	0.77%	$3.82	30.70%
HCI	HCI Group, Inc.	0.77%	$1.42	9.00%
PH	Parker-Hannifin Corporation	0.77%	$6.85	24.15%
SEI	Solaris Energy Infrastructure, Inc.	0.77%	$0.39	44.96%
0HQN.L	Cboe Global Markets, Inc.	0.76%	$1.90	20.31%
ASIC	Ategrity Specialty Holdings LLC	0.76%	$0.15	12.77%
GL	Globe Life Inc.	0.75%	$1.03	7.35%
0KYY.L	S&P Global Inc.	0.74%	$3.81	28.09%
PHM	PulteGroup, Inc.	0.74%	$0.89	6.67%
ROP	Roper Technologies, Inc.	0.74%	$3.20	22.09%
ZWS	Zurn Elkay Water Solutions Corporation	0.74%	$0.35	30.63%
JOE	The St. Joe Company	0.73%	$0.43	24.05%
TOL	Toll Brothers, Inc.	0.73%	$0.99	7.16%
TTEK	Tetra Tech, Inc.	0.73%	$0.25	26.25%
0HCB.L	Alcoa Corporation	0.72%	$0.40	9.08%
A	Agilent Technologies, Inc.	0.72%	$0.99	21.64%
FCFS	FirstCash Holdings, Inc	0.72%	$1.13	16.40%
TRAK	ReposiTrak, Inc.	0.72%	$0.09	22.94%
BKNG	Booking Holdings Inc.	0.71%	$37.78	24.39%
PGC	Peapack-Gladstone Financial Corporation	0.71%	$0.20	10.22%
ASO	Academy Sports and Outdoors, Inc.	0.70%	$0.37	6.63%
BRO	Brown & Brown, Inc.	0.70%	$0.54	18.02%
INTU	Intuit Inc.	0.70%	$4.39	29.97%
MSFT	Microsoft Corporation	0.70%	$3.31	23.52%
NCR	NCR Corporation	0.70%	$0.11	1.70%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Ticker

Industry

Sector

Samyang Tongsang Co., Ltd (002170.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener