Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Korea United Pharm Inc. (033270.KS)

Company Dividend Discount ModelIndustry: Drug Manufacturers - Specialty & GenericSector: Healthcare

Valuation Snapshot

Stable Growth$74,713.06 - $252,332.56$122,326.14
Multi-Stage$72,166.52 - $79,174.51$75,604.71
Blended Fair Value$98,965.42
Current Price$18,820.00
Upside425.85%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.68%23.25%407.61390.48364.52344.81324.82324.29294.81245.67224.95211.14
YoY Growth--4.39%7.12%5.71%6.15%0.17%10.00%20.00%9.21%6.54%318.99%
Dividend Yield--2.10%1.60%1.75%0.78%0.66%1.65%1.16%0.89%1.23%1.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)41,780.69
(-) Cash Dividends Paid (M)6,620.07
(=) Cash Retained (M)35,160.62
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8,356.145,222.593,133.55
Cash Retained (M)35,160.6235,160.6235,160.62
(-) Cash Required (M)-8,356.14-5,222.59-3,133.55
(=) Excess Retained (M)26,804.4829,938.0332,027.07
(/) Shares Outstanding (M)15.0715.0715.07
(=) Excess Retained per Share1,779.071,987.052,125.70
LTM Dividend per Share439.39439.39439.39
(+) Excess Retained per Share1,779.071,987.052,125.70
(=) Adjusted Dividend2,218.462,426.442,565.09
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate3.46%4.46%5.46%
Fair Value$74,713.06$122,326.14$252,332.56
Upside / Downside296.99%549.98%1,240.77%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)41,780.6943,644.4245,591.2947,625.0049,749.4351,968.6253,527.68
Payout Ratio15.84%30.68%45.51%60.34%75.17%90.00%92.50%
Projected Dividends (M)6,620.0713,388.3020,747.1828,735.9437,396.1346,771.7649,513.10

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate3.46%4.46%5.46%
Year 1 PV (M)12,446.9912,567.3012,687.61
Year 2 PV (M)17,932.3518,280.6818,632.35
Year 3 PV (M)23,091.0023,767.0524,456.17
Year 4 PV (M)27,937.2129,033.0830,160.88
Year 5 PV (M)32,484.7334,085.2835,748.30
PV of Terminal Value (M)973,409.991,021,370.681,071,203.46
Equity Value (M)1,087,302.281,139,104.071,192,888.77
Shares Outstanding (M)15.0715.0715.07
Fair Value$72,166.52$75,604.71$79,174.51
Upside / Downside283.46%301.73%320.69%

High-Yield Dividend Screener

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