Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

DY Power Corporation (210540.KS)

Company Dividend Discount ModelIndustry: Agricultural - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$29,302.89 - $49,594.33$38,153.80
Multi-Stage$48,774.14 - $53,638.09$51,159.16
Blended Fair Value$44,656.48
Current Price$12,270.00
Upside263.95%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.87%0.00%400.04250.03300.03220.02200.02200.02180.02120.01100.010.00
YoY Growth--60.00%-16.67%36.36%10.00%0.00%11.11%50.00%20.00%0.00%0.00%
Dividend Yield--3.41%1.86%2.66%1.47%1.06%3.39%1.02%0.65%0.82%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)26,584.59
(-) Cash Dividends Paid (M)3,862.55
(=) Cash Retained (M)22,722.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,316.923,323.071,993.84
Cash Retained (M)22,722.0422,722.0422,722.04
(-) Cash Required (M)-5,316.92-3,323.07-1,993.84
(=) Excess Retained (M)17,405.1219,398.9720,728.20
(/) Shares Outstanding (M)11.0311.0311.03
(=) Excess Retained per Share1,577.321,758.011,878.47
LTM Dividend per Share350.04350.04350.04
(+) Excess Retained per Share1,577.321,758.011,878.47
(=) Adjusted Dividend1,927.362,108.052,228.51
WACC / Discount Rate6.88%6.88%6.88%
Growth Rate0.29%1.29%2.29%
Fair Value$29,302.89$38,153.80$49,594.33
Upside / Downside138.82%210.95%304.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)26,584.5926,926.6527,273.1127,624.0327,979.4628,339.4729,189.66
Payout Ratio14.53%29.62%44.72%59.81%74.91%90.00%92.50%
Projected Dividends (M)3,862.557,976.5912,195.8716,522.4020,958.2625,505.5227,000.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.88%6.88%6.88%
Growth Rate0.29%1.29%2.29%
Year 1 PV (M)7,389.257,462.937,536.61
Year 2 PV (M)10,465.9410,675.7010,887.54
Year 3 PV (M)13,134.7313,531.5813,936.34
Year 4 PV (M)15,434.2516,059.1316,702.79
Year 5 PV (M)17,399.9318,284.9119,205.54
PV of Terminal Value (M)474,379.56498,507.13523,606.59
Equity Value (M)538,203.65564,521.37591,875.41
Shares Outstanding (M)11.0311.0311.03
Fair Value$48,774.14$51,159.16$53,638.09
Upside / Downside297.51%316.95%337.15%

High-Yield Dividend Screener

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