Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hua Jung Components Co.,Ltd. (5328.TWO)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$24.74 - $87.26$81.72
Multi-Stage$43.54 - $48.09$45.77
Blended Fair Value$63.74
Current Price$16.95
Upside276.06%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS0.00%0.00%0.350.000.150.000.000.000.000.000.000.00
YoY Growth--0.00%-100.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--2.49%0.00%1.26%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)82.41
(-) Cash Dividends Paid (M)60.45
(=) Cash Retained (M)21.96
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)16.4810.306.18
Cash Retained (M)21.9621.9621.96
(-) Cash Required (M)-16.48-10.30-6.18
(=) Excess Retained (M)5.4811.6615.78
(/) Shares Outstanding (M)174.72174.72174.72
(=) Excess Retained per Share0.030.070.09
LTM Dividend per Share0.350.350.35
(+) Excess Retained per Share0.030.070.09
(=) Adjusted Dividend0.380.410.44
WACC / Discount Rate-0.51%-0.51%-0.51%
Growth Rate-2.00%-1.00%0.00%
Fair Value$24.74$81.72$87.26
Upside / Downside45.95%382.11%414.80%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)82.4181.5980.7779.9679.1678.3780.72
Payout Ratio73.35%76.68%80.01%83.34%86.67%90.00%92.50%
Projected Dividends (M)60.4562.5664.6266.6468.6170.5374.67

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-0.51%-0.51%-0.51%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)62.2462.8863.51
Year 2 PV (M)63.9765.2866.61
Year 3 PV (M)65.6367.6669.73
Year 4 PV (M)67.2370.0172.89
Year 5 PV (M)68.7672.3476.07
PV of Terminal Value (M)7,279.287,658.338,053.01
Equity Value (M)7,607.127,996.518,401.82
Shares Outstanding (M)174.72174.72174.72
Fair Value$43.54$45.77$48.09
Upside / Downside156.87%170.02%183.70%

High-Yield Dividend Screener

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