Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Cuckoo Holdings Co., Ltd. (192400.KS)

Company Dividend Discount ModelIndustry: Furnishings, Fixtures & AppliancesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$390,177.52 - $868,482.06$813,894.87
Multi-Stage$129,232.16 - $141,506.83$135,256.51
Blended Fair Value$474,575.69
Current Price$32,100.00
Upside1,378.43%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.89%13.33%1,072.53780.02682.52643.52585.01585.01568.43793.10540.10385.79
YoY Growth--37.50%14.29%6.06%10.00%0.00%2.92%-28.33%46.84%40.00%25.70%
Dividend Yield--4.83%4.32%4.36%3.63%2.29%3.92%2.02%4.59%2.04%0.96%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)139,195.13
(-) Cash Dividends Paid (M)37,294.06
(=) Cash Retained (M)101,901.07
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)27,839.0317,399.3910,439.63
Cash Retained (M)101,901.07101,901.07101,901.07
(-) Cash Required (M)-27,839.03-17,399.39-10,439.63
(=) Excess Retained (M)74,062.0484,501.6891,461.43
(/) Shares Outstanding (M)31.8731.8731.87
(=) Excess Retained per Share2,323.552,651.072,869.42
LTM Dividend per Share1,170.031,170.031,170.03
(+) Excess Retained per Share2,323.552,651.072,869.42
(=) Adjusted Dividend3,493.583,821.104,039.45
WACC / Discount Rate6.44%6.44%6.44%
Growth Rate5.50%6.50%7.50%
Fair Value$390,177.52$813,894.87$868,482.06
Upside / Downside1,115.51%2,435.50%2,605.55%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)139,195.13148,242.81157,878.60168,140.70179,069.85190,709.39196,430.67
Payout Ratio26.79%39.43%52.08%64.72%77.36%90.00%92.50%
Projected Dividends (M)37,294.0658,458.2582,216.21108,815.72138,525.80171,638.45181,698.37

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.44%6.44%6.44%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)54,403.2654,918.9355,434.60
Year 2 PV (M)71,205.8572,562.1273,931.18
Year 3 PV (M)87,705.9390,223.6592,789.10
Year 4 PV (M)103,907.55107,903.54112,013.69
Year 5 PV (M)119,814.70125,601.79131,610.37
PV of Terminal Value (M)3,682,173.163,860,023.504,044,680.59
Equity Value (M)4,119,210.434,311,233.524,510,459.54
Shares Outstanding (M)31.8731.8731.87
Fair Value$129,232.16$135,256.51$141,506.83
Upside / Downside302.59%321.36%340.83%

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