Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hantech (098070.KQ)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$34,557.77 - $53,243.42$43,247.97
Multi-Stage$74,951.12 - $82,630.91$78,715.03
Blended Fair Value$60,981.50
Current Price$42,650.00
Upside42.98%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021
DPS0.00%0.00%320.290.000.000.000.000.000.000.000.000.00
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--1.27%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)36,287.86
(-) Cash Dividends Paid (M)3,970.15
(=) Cash Retained (M)32,317.71
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7,257.574,535.982,721.59
Cash Retained (M)32,317.7132,317.7132,317.71
(-) Cash Required (M)-7,257.57-4,535.98-2,721.59
(=) Excess Retained (M)25,060.1427,781.7329,596.12
(/) Shares Outstanding (M)9.649.649.64
(=) Excess Retained per Share2,599.342,881.633,069.83
LTM Dividend per Share411.80411.80411.80
(+) Excess Retained per Share2,599.342,881.633,069.83
(=) Adjusted Dividend3,011.133,293.433,481.62
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate-2.00%-1.00%0.00%
Fair Value$34,557.77$43,247.97$53,243.42
Upside / Downside-18.97%1.40%24.84%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)36,287.8635,924.9835,565.7335,210.0834,857.9734,509.3935,544.68
Payout Ratio10.94%26.75%42.56%58.38%74.19%90.00%92.50%
Projected Dividends (M)3,970.159,610.8515,138.3520,554.3325,860.4831,058.4632,878.83

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)8,929.859,020.979,112.09
Year 2 PV (M)13,069.0013,337.0813,607.88
Year 3 PV (M)16,487.2916,997.1717,517.46
Year 4 PV (M)19,273.6820,072.4820,895.86
Year 5 PV (M)21,507.4922,627.4423,793.56
PV of Terminal Value (M)643,335.03676,834.98711,716.15
Equity Value (M)722,602.34758,890.12796,642.99
Shares Outstanding (M)9.649.649.64
Fair Value$74,951.12$78,715.03$82,630.91
Upside / Downside75.74%84.56%93.74%

High-Yield Dividend Screener

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