Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shinyoungwacoal,Inc. (005800.KS)

Company Dividend Discount ModelIndustry: Apparel - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$7,422.54 - $10,964.86$9,118.93
Multi-Stage$9,906.26 - $10,864.90$10,376.47
Blended Fair Value$9,747.70
Current Price$14,180.00
Upside-31.26%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%150.13150.13150.13150.13150.13150.13150.13250.21150.13150.13
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%-40.00%66.67%0.00%0.00%
Dividend Yield--1.51%1.60%1.39%1.05%1.54%2.13%1.23%1.84%0.93%1.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,274.90
(-) Cash Dividends Paid (M)1,350.00
(=) Cash Retained (M)6,924.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,654.981,034.36620.62
Cash Retained (M)6,924.906,924.906,924.90
(-) Cash Required (M)-1,654.98-1,034.36-620.62
(=) Excess Retained (M)5,269.925,890.536,304.28
(/) Shares Outstanding (M)8.998.998.99
(=) Excess Retained per Share586.04655.05701.06
LTM Dividend per Share150.13150.13150.13
(+) Excess Retained per Share586.04655.05701.06
(=) Adjusted Dividend736.16805.18851.19
WACC / Discount Rate9.93%9.93%9.93%
Growth Rate0.01%1.01%2.01%
Fair Value$7,422.54$9,118.93$10,964.86
Upside / Downside-47.65%-35.69%-22.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,274.908,358.378,442.688,527.848,613.868,700.758,961.77
Payout Ratio16.31%31.05%45.79%60.53%75.26%90.00%92.50%
Projected Dividends (M)1,350.002,595.403,865.795,161.546,483.047,830.678,289.64

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.93%9.93%9.93%
Growth Rate0.01%1.01%2.01%
Year 1 PV (M)2,337.642,361.012,384.38
Year 2 PV (M)3,136.053,199.083,262.74
Year 3 PV (M)3,771.353,885.624,002.17
Year 4 PV (M)4,266.474,439.694,618.13
Year 5 PV (M)4,641.544,878.285,124.59
PV of Terminal Value (M)70,928.4974,546.2378,310.12
Equity Value (M)89,081.5493,309.9297,702.13
Shares Outstanding (M)8.998.998.99
Fair Value$9,906.26$10,376.47$10,864.90
Upside / Downside-30.14%-26.82%-23.38%

High-Yield Dividend Screener

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