Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Suheung Co., Ltd. (008490.KS)

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

Valuation Snapshot

Stable Growth$30,878.16 - $46,398.47$38,223.40
Multi-Stage$71,420.79 - $78,767.61$75,021.06
Blended Fair Value$56,622.23
Current Price$19,840.00
Upside185.39%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-6.16%-0.78%254.68400.36499.94656.16451.35349.96308.26343.31260.09260.09
YoY Growth---36.39%-19.92%-23.81%45.38%28.97%13.53%-10.21%32.00%0.00%-5.60%
Dividend Yield--1.83%1.76%1.70%1.63%0.88%1.00%1.19%1.05%0.70%0.57%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)41,131.13
(-) Cash Dividends Paid (M)7,373.99
(=) Cash Retained (M)33,757.14
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8,226.235,141.393,084.83
Cash Retained (M)33,757.1433,757.1433,757.14
(-) Cash Required (M)-8,226.23-5,141.39-3,084.83
(=) Excess Retained (M)25,530.9128,615.7530,672.30
(/) Shares Outstanding (M)11.1211.1211.12
(=) Excess Retained per Share2,295.842,573.242,758.18
LTM Dividend per Share663.10663.10663.10
(+) Excess Retained per Share2,295.842,573.242,758.18
(=) Adjusted Dividend2,958.943,236.343,421.28
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate-2.78%-1.78%-0.78%
Fair Value$30,878.16$38,223.40$46,398.47
Upside / Downside55.64%92.66%133.86%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)41,131.1340,397.7139,677.3638,969.8738,274.9837,592.4938,720.26
Payout Ratio17.93%32.34%46.76%61.17%75.59%90.00%92.50%
Projected Dividends (M)7,373.9913,065.5918,551.8723,838.3428,930.3833,833.2435,816.24

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate-2.78%-1.78%-0.78%
Year 1 PV (M)12,139.5112,264.3812,389.25
Year 2 PV (M)16,015.1916,346.3516,680.91
Year 3 PV (M)19,120.2019,716.3220,324.70
Year 4 PV (M)21,559.7022,460.5623,389.36
Year 5 PV (M)23,426.3424,656.2325,937.25
PV of Terminal Value (M)701,973.95738,827.88777,213.68
Equity Value (M)794,234.90834,271.73875,935.15
Shares Outstanding (M)11.1211.1211.12
Fair Value$71,420.79$75,021.06$78,767.61
Upside / Downside259.98%278.13%297.01%

High-Yield Dividend Screener

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