Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Korea Aerospace Industries, Ltd. (047810.KS)

Company Dividend Discount ModelIndustry: Aerospace & DefenseSector: Industrials

Valuation Snapshot

Stable Growth$24,971.88 - $51,732.46$35,154.34
Multi-Stage$26,908.43 - $29,471.42$28,166.05
Blended Fair Value$31,660.19
Current Price$108,000.00
Upside-70.69%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS20.11%9.60%499.52249.76199.81199.81399.61199.810.00679.34399.61249.75
YoY Growth--100.00%25.00%0.00%-50.00%100.00%0.00%-100.00%70.00%60.00%25.00%
Dividend Yield--0.67%0.48%0.42%0.47%1.09%0.95%0.00%1.36%0.69%0.38%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)137,094.14
(-) Cash Dividends Paid (M)48,737.55
(=) Cash Retained (M)88,356.59
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)27,418.8317,136.7710,282.06
Cash Retained (M)88,356.5988,356.5988,356.59
(-) Cash Required (M)-27,418.83-17,136.77-10,282.06
(=) Excess Retained (M)60,937.7671,219.8278,074.53
(/) Shares Outstanding (M)97.5797.5797.57
(=) Excess Retained per Share624.56729.94800.20
LTM Dividend per Share499.52499.52499.52
(+) Excess Retained per Share624.56729.94800.20
(=) Adjusted Dividend1,124.081,229.461,299.71
WACC / Discount Rate7.72%7.72%7.72%
Growth Rate3.08%4.08%5.08%
Fair Value$24,971.88$35,154.34$51,732.46
Upside / Downside-76.88%-67.45%-52.10%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)137,094.14142,687.11148,508.24154,566.87160,872.66167,435.70172,458.77
Payout Ratio35.55%46.44%57.33%68.22%79.11%90.00%92.50%
Projected Dividends (M)48,737.5566,264.3885,140.16105,445.78127,266.50150,692.13159,524.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.72%7.72%7.72%
Growth Rate3.08%4.08%5.08%
Year 1 PV (M)60,924.5561,515.5962,106.64
Year 2 PV (M)71,971.2173,374.4174,791.15
Year 3 PV (M)81,953.1784,361.5386,816.61
Year 4 PV (M)90,941.6594,522.3298,207.70
Year 5 PV (M)99,003.72103,900.10108,988.31
PV of Terminal Value (M)2,220,640.922,330,466.032,444,594.04
Equity Value (M)2,625,435.222,748,139.972,875,504.44
Shares Outstanding (M)97.5797.5797.57
Fair Value$26,908.43$28,166.05$29,471.42
Upside / Downside-75.08%-73.92%-72.71%

High-Yield Dividend Screener

« Prev Page 4 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EG7.IRFBD Holdings plc12.49%$1.9761.47%
WILCG. Willi-Food International Ltd.12.48%$3.5852.70%
9908.HKJiaXing Gas Group Co., Ltd.12.44%$1.0240.94%
MPMX.JKPT Mitra Pinasthika Mustika Tbk12.44%$120.0095.84%
0QL5.LCarlo Gavazzi Holding AG12.42%$20.0062.49%
GOZ.AXGrowthpoint Properties Australia12.40%$0.3016.37%
1999.HKMan Wah Holdings Limited12.39%$0.5757.62%
1285.HKJiashili Group Limited12.38%$0.1455.24%
600015.SSHua Xia Bank Co., Limited12.36%$0.8549.77%
BNP.DEBNP Paribas S.A.12.28%$10.0751.11%
0836.HKChina Resources Power Holdings Company Limited12.20%$2.1541.97%
BIS.AXBisalloy Steel Group Limited12.19%$0.5981.88%
KBS.BKKhonburi Sugar Public Company Limited12.17%$0.7056.34%
9300.SRAlwaha REIT Fund12.14%$1.1871.67%
2005.HKSSY Group Limited12.13%$0.3550.50%
BGI-UN.TOBrookfield Global Infrastructure Securities Income Fund12.09%$0.9646.13%
2003.HKVCREDIT Holdings Limited12.07%$0.3218.47%
1713.HKSichuan Energy Investment Development Co., Ltd.12.02%$0.2941.35%
NSI.ASNSI N.V.12.02%$2.3330.60%
RIO1.DERio Tinto Group12.02%$8.2864.54%
IGL.AXIVE Group Limited12.01%$0.3574.81%
0G5B.LSto SE & Co. KGaA12.00%$14.6483.41%
CDU.LSConduril - Engenharia, S.A.12.00%$1.8069.00%
2156.HKC&D Property Management Group Co. Limited11.98%$0.3354.74%
0057.HKChen Hsong Holdings Limited11.94%$0.1945.38%
BBSE3.SABB Seguridade Participações S.A.11.93%$4.2691.94%
SWUT.VISW Umwelttechnik Stoiser & Wolschner AG11.93%$3.7034.18%
0Q76.LCBo Territoria S.A.11.92%$0.4461.80%
ALCOF.PACofidur S.A.11.92%$34.8038.87%
0239.HKPak Fah Yeow International Limited11.87%$0.2852.60%
2356.HKDah Sing Banking Group Limited11.87%$1.2941.19%
3311.HKChina State Construction International Holdings Limited11.87%$1.1029.31%
ENGI.PAEngie S.A.11.87%$2.7376.93%
SENA.BKSena Development Public Company Limited11.86%$0.2074.93%
4348.SRAlkhabeer REIT Fund11.85%$0.6698.08%
AWZ.SIMulti-Chem Limited11.83%$0.4160.70%
0331.HKFSE Lifestyle Services Limited11.81%$0.6731.73%
SUL.AXSuper Retail Group Limited11.78%$1.8791.92%
2877.HKChina Shineway Pharmaceutical Group Limited11.77%$1.0139.47%
DSWLDeswell Industries, Inc.11.77%$0.4027.95%
0855.HKChina Water Affairs Group Limited11.75%$0.6256.78%
0659.HKCTF Services Limited11.70%$0.8876.18%
DRA.AXDRA Global Limited11.69%$0.2158.65%
GWA.AXGWA Group Limited11.68%$0.2995.40%
0968.HKXinyi Solar Holdings Limited11.67%$0.3670.18%
ENI-UN.TOEnergy Income Fund11.66%$0.2356.38%
TCF.AX360 Capital Mortgage REIT11.66%$0.6776.18%
3316.HKBinjiang Service Group Co. Ltd.11.65%$2.7669.09%
CC3.SIStarHub Ltd11.65%$0.1381.69%
TFG-R.BKThaifoods Group Public Company Limited11.65%$0.5242.58%