Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hwaseung Enterprise Co., Ltd. (241590.KS)

Company Dividend Discount ModelIndustry: Apparel - Footwear & AccessoriesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$1,580.46 - $4,276.64$2,431.95
Multi-Stage$5,867.21 - $6,472.39$6,163.82
Blended Fair Value$4,297.89
Current Price$6,060.00
Upside-29.08%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.91%0.00%35.2035.3235.1455.3535.1227.7018.0812.150.000.00
YoY Growth---0.34%0.50%-36.51%57.58%26.82%53.16%48.80%0.00%0.00%0.00%
Dividend Yield--0.42%0.47%0.41%0.36%0.19%0.26%0.15%0.11%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,464.59
(-) Cash Dividends Paid (M)2,735.57
(=) Cash Retained (M)2,729.02
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,092.92683.07409.84
Cash Retained (M)2,729.022,729.022,729.02
(-) Cash Required (M)-1,092.92-683.07-409.84
(=) Excess Retained (M)1,636.102,045.952,319.17
(/) Shares Outstanding (M)77.5677.5677.56
(=) Excess Retained per Share21.1026.3829.90
LTM Dividend per Share35.2735.2735.27
(+) Excess Retained per Share21.1026.3829.90
(=) Adjusted Dividend56.3761.6565.17
WACC / Discount Rate2.96%2.96%2.96%
Growth Rate-0.59%0.41%1.41%
Fair Value$1,580.46$2,431.95$4,276.64
Upside / Downside-73.92%-59.87%-29.43%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,464.595,487.085,509.665,532.335,555.105,577.965,745.30
Payout Ratio50.06%58.05%66.04%74.02%82.01%90.00%92.50%
Projected Dividends (M)2,735.573,185.133,638.354,095.254,555.855,020.165,314.40

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.96%2.96%2.96%
Growth Rate-0.59%0.41%1.41%
Year 1 PV (M)3,062.853,093.663,124.47
Year 2 PV (M)3,364.343,432.373,501.07
Year 3 PV (M)3,641.443,752.433,865.67
Year 4 PV (M)3,895.464,054.584,218.53
Year 5 PV (M)4,127.674,339.494,559.92
PV of Terminal Value (M)436,959.50459,383.42482,718.64
Equity Value (M)455,051.25478,055.95501,988.30
Shares Outstanding (M)77.5677.5677.56
Fair Value$5,867.21$6,163.82$6,472.39
Upside / Downside-3.18%1.71%6.81%

High-Yield Dividend Screener

« Prev Page 4 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
VKQInvesco Municipal Trust8.62%$0.8469.07%
ARCCAres Capital Corporation8.61%$1.7691.56%
TPVGTriplePoint Venture Growth BDC Corp.8.52%$0.5767.26%
C-PJCitigroup Inc.8.49%$2.1326.99%
RVTRoyce Value Trust Inc.8.42%$1.3639.40%
OGNOrganon & Co.8.37%$0.6131.54%
MITTAG Mortgage Investment Trust, Inc.8.12%$0.7043.47%
CAGConagra Brands, Inc.8.06%$1.3978.70%
NOGNorthern Oil and Gas, Inc.8.02%$1.7794.64%
PAAPlains All American Pipeline, L.P.8.00%$1.4690.71%
TSLXSixth Street Specialty Lending, Inc.8.00%$1.7385.26%
ACCOACCO Brands Corporation7.90%$0.2967.00%
ETDEthan Allen Interiors Inc.7.90%$1.8197.75%
CQPCheniere Energy Partners, L.P.7.82%$4.2388.03%
UNMAUnum Group 6.250% JR NT587.69%$1.7933.52%
WRB-PHW.R. Berkley Corporation 4.125%7.68%$1.2726.69%
JHSJohn Hancock Income Securities Trust7.65%$0.8994.90%
NIDNuveen Intermediate Duration Municipal Term Fund7.59%$1.0284.59%
HWCPZHancock Whitney Corporation - 67.58%$1.7731.35%
WRB-PGW.R. Berkley Corporation 4.25%7.54%$1.2726.69%
NMTNuveen Massachusetts Quality Municipal Income Fund7.48%$0.8580.62%
LOANManhattan Bridge Capital, Inc.7.45%$0.3574.53%
OPALOPAL Fuels Inc.7.43%$0.1846.94%
ZIONLZions Bancorporation N.A. - 6.97.42%$1.8632.04%
GMTAGATX Corporation SR NT 20667.41%$1.8621.29%
IIMInvesco Value Municipal Income Trust7.41%$0.9264.33%
JMMNuveen Multi-Market Income Fund7.28%$0.4461.06%
BKEThe Buckle, Inc.7.26%$3.9196.21%
MHIPioneer Municipal High Income Fund, Inc.7.19%$0.6413.70%
ORIOld Republic International Corporation7.19%$3.1193.13%
PMFPIMCO Municipal Income Fund7.07%$0.5992.59%
RYNRayonier Inc.7.04%$1.5230.67%
DRQDril-Quip, Inc.7.02%$1.0850.37%
TRINITrinity Capital Inc. 7.875% Notes Due 20297.02%$1.7883.48%
C-PNCitigroup Capital XIII TR PFD SECS7.01%$2.1326.99%
VPVInvesco Pennsylvania Value Municipal Income Trust6.98%$0.7360.22%
VCVInvesco California Value Municipal Income Trust6.97%$0.7860.58%
EOTEaton Vance National Municipal Opportunities Trust6.96%$1.1869.84%
FLATXFidelity Latin America Fund6.92%$1.1539.63%
EGYVAALCO Energy, Inc.6.91%$0.2592.67%
NOMNuveen Missouri Quality Municipal Income Fund6.91%$0.8278.81%
UBCPUnited Bancorp, Inc.6.90%$0.9996.30%
TBCAT&T Inc. 5.625% Global Notes d6.89%$1.7255.65%
GTNGray Media, Inc.6.87%$0.3334.04%
HEPHolly Energy Partners, L.P.6.86%$1.4074.08%
AFGAmerican Financial Group, Inc.6.85%$9.2396.49%
BANFPBFC Capital Trust II PFD TR 7.20%6.85%$1.8025.72%
CFG-PDCitizens Financial Group, Inc.6.83%$1.7143.60%
RCIIRent-A-Center, Inc.6.81%$1.8279.98%
SPHSuburban Propane Partners, L.P.6.81%$1.2778.56%