Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Wooshin Systems Co., Ltd. (017370.KS)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$168,081.78 - $372,885.37$349,448.20
Multi-Stage$54,650.09 - $59,891.43$57,222.32
Blended Fair Value$203,335.26
Current Price$7,970.00
Upside2,451.26%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS36.10%11.55%50.2130.600.000.000.0010.7521.5132.6128.7717.66
YoY Growth--64.06%0.00%0.00%0.00%-100.00%-50.00%-34.05%13.33%62.92%4.90%
Dividend Yield--0.88%0.36%0.00%0.00%0.00%0.29%0.37%0.42%0.50%0.43%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)29,030.69
(-) Cash Dividends Paid (M)771.02
(=) Cash Retained (M)28,259.67
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,806.143,628.842,177.30
Cash Retained (M)28,259.6728,259.6728,259.67
(-) Cash Required (M)-5,806.14-3,628.84-2,177.30
(=) Excess Retained (M)22,453.5324,630.8326,082.36
(/) Shares Outstanding (M)15.4815.4815.48
(=) Excess Retained per Share1,450.181,590.801,684.55
LTM Dividend per Share49.8049.8049.80
(+) Excess Retained per Share1,450.181,590.801,684.55
(=) Adjusted Dividend1,499.981,640.601,734.35
WACC / Discount Rate6.44%6.44%6.44%
Growth Rate5.50%6.50%7.50%
Fair Value$168,081.78$349,448.20$372,885.37
Upside / Downside2,008.93%4,284.54%4,578.61%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)29,030.6930,917.6832,927.3335,067.6137,347.0039,774.5540,967.79
Payout Ratio2.66%20.12%37.59%55.06%72.53%90.00%92.50%
Projected Dividends (M)771.026,222.0912,378.5419,309.0527,088.2235,797.1037,895.21

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.44%6.44%6.44%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)5,790.665,845.555,900.44
Year 2 PV (M)10,721.4510,925.6611,131.80
Year 3 PV (M)15,564.5516,011.3516,466.62
Year 4 PV (M)20,321.1421,102.6321,906.45
Year 5 PV (M)24,992.3626,199.5027,452.84
PV of Terminal Value (M)768,770.84805,902.76844,455.80
Equity Value (M)846,160.99885,987.45927,313.95
Shares Outstanding (M)15.4815.4815.48
Fair Value$54,650.09$57,222.32$59,891.43
Upside / Downside585.70%617.97%651.46%

High-Yield Dividend Screener

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