Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

JYP Entertainment Corporation (035900.KQ)

Company Dividend Discount ModelIndustry: EntertainmentSector: Communication Services

Valuation Snapshot

Stable Growth$309,348.69 - $1,022,893.95$958,601.43
Multi-Stage$131,790.99 - $144,342.03$137,950.93
Blended Fair Value$548,276.18
Current Price$74,300.00
Upside637.92%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS36.44%0.00%573.70368.59368.59153.83154.81121.340.000.000.000.00
YoY Growth--55.65%0.00%139.61%-0.64%27.59%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.97%0.52%0.48%0.25%0.43%0.68%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)170,427.89
(-) Cash Dividends Paid (M)17,693.05
(=) Cash Retained (M)152,734.84
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)34,085.5821,303.4912,782.09
Cash Retained (M)152,734.84152,734.84152,734.84
(-) Cash Required (M)-34,085.58-21,303.49-12,782.09
(=) Excess Retained (M)118,649.26131,431.35139,952.75
(/) Shares Outstanding (M)33.1433.1433.14
(=) Excess Retained per Share3,580.763,966.514,223.68
LTM Dividend per Share533.96533.96533.96
(+) Excess Retained per Share3,580.763,966.514,223.68
(=) Adjusted Dividend4,114.724,500.484,757.65
WACC / Discount Rate6.90%6.90%6.90%
Growth Rate5.50%6.50%7.50%
Fair Value$309,348.69$958,601.43$1,022,893.95
Upside / Downside316.35%1,190.18%1,276.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)170,427.89181,505.70193,303.57205,868.31219,249.75233,500.98240,506.01
Payout Ratio10.38%26.31%42.23%58.15%74.08%90.00%92.50%
Projected Dividends (M)17,693.0547,745.5181,630.03119,717.81162,412.12210,150.88222,468.06

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.90%6.90%6.90%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)44,242.9844,662.3445,081.71
Year 2 PV (M)70,092.8371,427.9072,775.57
Year 3 PV (M)95,256.4197,990.88100,777.19
Year 4 PV (M)119,747.30124,352.44129,089.15
Year 5 PV (M)143,578.80150,513.71157,714.03
PV of Terminal Value (M)3,894,009.084,082,091.184,277,371.62
Equity Value (M)4,366,927.394,571,038.454,782,809.26
Shares Outstanding (M)33.1433.1433.14
Fair Value$131,790.99$137,950.93$144,342.03
Upside / Downside77.38%85.67%94.27%

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