Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Sungwoo Hitech Co., Ltd. (015750.KQ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$48,004.93 - $115,141.51$71,094.17
Multi-Stage$57,129.64 - $62,738.09$59,880.73
Blended Fair Value$65,487.45
Current Price$5,470.00
Upside1,097.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.40%-3.61%149.9999.9980.0050.0080.0080.00112.49149.99149.99149.99
YoY Growth--50.00%25.00%60.00%-37.50%0.00%-28.89%-25.00%0.00%0.00%-30.78%
Dividend Yield--2.78%1.07%1.09%1.00%1.31%3.19%2.56%2.51%2.14%1.62%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)183,993.63
(-) Cash Dividends Paid (M)16,756.07
(=) Cash Retained (M)167,237.56
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)36,798.7322,999.2013,799.52
Cash Retained (M)167,237.56167,237.56167,237.56
(-) Cash Required (M)-36,798.73-22,999.20-13,799.52
(=) Excess Retained (M)130,438.83144,238.35153,438.04
(/) Shares Outstanding (M)80.0080.0080.00
(=) Excess Retained per Share1,630.571,803.071,918.07
LTM Dividend per Share209.46209.46209.46
(+) Excess Retained per Share1,630.571,803.071,918.07
(=) Adjusted Dividend1,840.032,012.532,127.53
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate2.60%3.60%4.60%
Fair Value$48,004.93$71,094.17$115,141.51
Upside / Downside777.60%1,199.71%2,004.96%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)183,993.63190,626.17197,497.80204,617.14211,993.11219,634.98226,224.03
Payout Ratio9.11%25.29%41.46%57.64%73.82%90.00%92.50%
Projected Dividends (M)16,756.0748,200.7881,890.73117,946.95156,496.23197,671.48209,257.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate2.60%3.60%4.60%
Year 1 PV (M)44,806.2845,242.9745,679.66
Year 2 PV (M)70,762.7172,148.7673,548.25
Year 3 PV (M)94,741.7297,538.90100,390.61
Year 4 PV (M)116,853.93121,476.46126,234.79
Year 5 PV (M)137,204.48144,022.15151,108.19
PV of Terminal Value (M)4,105,773.944,309,789.244,521,835.12
Equity Value (M)4,570,143.074,790,218.495,018,796.62
Shares Outstanding (M)80.0080.0080.00
Fair Value$57,129.64$59,880.73$62,738.09
Upside / Downside944.42%994.71%1,046.95%

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