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$74,717.13 - $252,371.95$122,336.02
Multi-Stage$72,170.13 - $79,178.48$75,608.50
Blended Fair Value$98,972.26
Current Price$18,820.00
Upside425.89%
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$74,717.13$122,336.02$252,371.95
Upside / Downside297.01%550.03%1,240.98%

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)12,447.0112,567.3212,687.63
Year 2 PV (M)17,932.4118,280.7318,632.41
Year 3 PV (M)23,091.1123,767.1624,456.28
Year 4 PV (M)27,937.3929,033.2730,161.07
Year 5 PV (M)32,484.9934,085.5535,748.58
PV of Terminal Value (M)973,463.741,021,427.081,071,262.61
Equity Value (M)1,087,356.641,139,161.101,192,948.58
Shares Outstanding (M)15.0715.0715.07
Fair Value$72,170.13$75,608.50$79,178.48
Upside / Downside283.48%301.75%320.71%

High-Yield Dividend Screener

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