Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Meritz Financial Group Inc. (138040.KS)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$2,212,328.40 - $2,606,497.70$2,442,670.06
Multi-Stage$739,857.87 - $811,535.75$775,030.04
Blended Fair Value$1,608,850.05
Current Price$113,500.00
Upside1,317.49%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS23.44%29.23%2,870.25226.95353.161,763.371,094.321,001.521,120.69842.11681.74326.16
YoY Growth--1,164.70%-35.74%-79.97%61.14%9.27%-10.63%33.08%23.52%109.02%47.58%
Dividend Yield--2.35%0.28%0.91%4.34%6.36%9.72%7.86%5.69%5.61%2.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,329,894.39
(-) Cash Dividends Paid (M)285,347.12
(=) Cash Retained (M)2,044,547.27
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)465,978.88291,236.80174,742.08
Cash Retained (M)2,044,547.272,044,547.272,044,547.27
(-) Cash Required (M)-465,978.88-291,236.80-174,742.08
(=) Excess Retained (M)1,578,568.401,753,310.481,869,805.19
(/) Shares Outstanding (M)177.77177.77177.77
(=) Excess Retained per Share8,879.829,862.7910,518.10
LTM Dividend per Share1,605.151,605.151,605.15
(+) Excess Retained per Share8,879.829,862.7910,518.10
(=) Adjusted Dividend10,484.9711,467.9312,123.25
WACC / Discount Rate4.84%4.84%4.84%
Growth Rate5.50%6.50%7.50%
Fair Value$2,212,328.40$2,442,670.06$2,606,497.70
Upside / Downside1,849.19%2,052.13%2,196.47%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,329,894.392,481,337.532,642,624.472,814,395.062,997,330.743,192,157.233,287,921.95
Payout Ratio12.25%27.80%43.35%58.90%74.45%90.00%92.50%
Projected Dividends (M)285,347.12689,756.501,145,533.511,657,647.312,231,496.022,872,941.513,041,327.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.84%4.84%4.84%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)651,737.77657,915.38664,092.99
Year 2 PV (M)1,022,732.311,042,212.491,061,876.44
Year 3 PV (M)1,398,374.201,438,516.501,479,419.77
Year 4 PV (M)1,778,707.261,847,111.321,917,469.64
Year 5 PV (M)2,163,775.682,268,286.852,376,797.91
PV of Terminal Value (M)124,509,391.59130,523,241.76136,767,256.13
Equity Value (M)131,524,718.81137,777,284.30144,266,912.88
Shares Outstanding (M)177.77177.77177.77
Fair Value$739,857.87$775,030.04$811,535.75
Upside / Downside551.86%582.85%615.01%

High-Yield Dividend Screener

« Prev Page 38 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
INDF.JKPT Indofood Sukses Makmur Tbk4.19%$280.0031.67%
RBD.AXRestaurant Brands New Zealand Limited4.19%$0.1842.75%
002091.SZJiangsu Guotai International Group Co., Ltd.4.18%$0.3863.98%
017390.KSSeoul City Gas Co., Ltd.4.18%$2,547.5926.43%
ALITL.PAIT Link S.A.4.18%$0.9222.65%
P9D.SICivmec Limited4.18%$0.0538.60%
PJW.BKPanjawattana Plastic Public Company Limited4.18%$0.0933.50%
123890.KSKorea Asset In Trust Co., Ltd.4.17%$100.0820.69%
2729.TWOTTFB Company Limited4.17%$7.3393.07%
6599.KLAeon Co. (M) Bhd.4.17%$0.0553.15%
6967.TWOTrans-Sun Materials Technology Company Limited4.17%$2.8579.87%
9619.SRMulti Business Group Co.4.17%$0.4315.41%
AMAR.JKPT Bank Amar Indonesia Tbk4.17%$9.1671.61%
OLVAS.HEOlvi Oyj4.17%$1.2949.21%
003570.KSSnt Dynamics Co.,Ltd.4.16%$1,868.8054.81%
090350.KSNOROO PAINT & COATINGS Co., Ltd.4.16%$349.9536.31%
3613.HKBeijing Tong Ren Tang Chinese Medicine Company Limited4.16%$0.3556.85%
ALVIV.PAVisiativ S.A.4.16%$1.5433.81%
BCH-R.BKBangkok Chain Hospital Public Company Limited4.16%$0.4383.13%
CMRECostamare Inc.4.16%$0.6524.42%
601336.SSNew China Life Insurance Company Ltd.4.15%$2.9023.52%
005500.KSSamjin Pharmaceuticals Co., Ltd.4.14%$800.5749.67%
600710.SSSumec Corporation Limited4.14%$0.4546.72%
603611.SSNoblelift Intelligent Equipment Co.,Ltd.4.14%$1.0152.65%
8463.TWRuentex Materials Co.,Ltd.4.14%$1.1051.49%
CEYE.BKChamni's Eye Public Company Limited4.14%$0.0864.18%
ORIA.PAFiducial Real Estate S.A.4.14%$6.9628.28%
SWA.DESchloss Wachenheim AG4.14%$0.6050.24%
000686.SZNortheast Securities Co., Ltd.4.13%$0.3861.41%
001680.KSDaesang Corporation4.13%$850.3931.24%
1931.HKIVD Medical Holding Limited4.13%$0.1038.64%
6183.TBELLSYSTEM24 Holdings, Inc.4.13%$59.5554.01%
PSI.AXPSC Insurance Group Limited4.13%$0.2683.22%
0QOL.LKardex Holding AG4.12%$11.3958.10%
600284.SSShanghai Pudong Construction Co.,Ltd.4.12%$0.3590.03%
004450.KSSamhwa Crown & Closure Co., Ltd4.11%$1,204.0140.73%
0KGY.LBTS Group AB (publ)4.11%$5.9033.91%
3406.TWGenius Electronic Optical Co., Ltd4.11%$17.9859.96%
ABS2.DEPORR AG4.11%$1.3446.75%
CCU.SNCompañía Cervecerías Unidas S.A.4.11%$238.7464.77%
2858.HKYixin Group Limited4.10%$0.1043.79%
4081.SRNayifat Finance Company4.10%$0.5062.31%
688628.SSUni-Trend Technology (China) Co., Ltd.4.10%$1.3187.50%
7994.TOkamura Corporation4.10%$94.0341.44%
PKN.WAPolski Koncern Naftowy ORLEN Spólka Akcyjna4.10%$4.1544.90%
TRSB.OLTrøndelag Sparebank4.10%$4.7931.67%
1409.TWShinkong Synthetic Fibers Corporation4.09%$0.6050.43%
4904.TWFar EasTone Telecommunications Co., Ltd.4.09%$3.6495.25%
601872.SSChina Merchants Energy Shipping Co., Ltd.4.09%$0.3758.88%
UGPA3.SAUltrapar Participações S.A.4.09%$0.8632.00%