Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Incheon City Gas Co., Ltd. (034590.KS)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$52,546.22 - $88,626.23$68,321.41
Multi-Stage$102,492.94 - $112,765.76$107,529.53
Blended Fair Value$87,925.47
Current Price$26,050.00
Upside237.53%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.96%1,250.441,250.441,250.441,250.441,250.441,250.441,250.441,250.441,250.441,250.44
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%9.99%
Dividend Yield--5.12%4.93%4.72%4.70%4.85%5.32%4.28%4.18%4.14%4.27%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)18,059.72
(-) Cash Dividends Paid (M)5,152.50
(=) Cash Retained (M)12,907.22
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,611.942,257.461,354.48
Cash Retained (M)12,907.2212,907.2212,907.22
(-) Cash Required (M)-3,611.94-2,257.46-1,354.48
(=) Excess Retained (M)9,295.2710,649.7511,552.74
(/) Shares Outstanding (M)4.124.124.12
(=) Excess Retained per Share2,255.832,584.542,803.69
LTM Dividend per Share1,250.441,250.441,250.44
(+) Excess Retained per Share2,255.832,584.542,803.69
(=) Adjusted Dividend3,506.273,834.984,054.12
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate-0.33%0.67%1.67%
Fair Value$52,546.22$68,321.41$88,626.23
Upside / Downside101.71%162.27%240.22%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)18,059.7218,181.4518,304.0118,427.3918,551.6118,676.6619,236.96
Payout Ratio28.53%40.82%53.12%65.41%77.71%90.00%92.50%
Projected Dividends (M)5,152.507,422.459,722.7612,053.7514,415.7216,808.9917,794.19

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate-0.33%0.67%1.67%
Year 1 PV (M)6,911.566,980.907,050.24
Year 2 PV (M)8,430.398,600.398,772.10
Year 3 PV (M)9,732.1510,028.0210,329.83
Year 4 PV (M)10,838.0811,279.6111,734.49
Year 5 PV (M)11,767.5612,369.8212,996.50
PV of Terminal Value (M)374,647.98393,822.54413,774.26
Equity Value (M)422,327.71443,081.28464,657.42
Shares Outstanding (M)4.124.124.12
Fair Value$102,492.94$107,529.53$112,765.76
Upside / Downside293.45%312.78%332.88%

High-Yield Dividend Screener

« Prev Page 48 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3269.TAdvance Residence Investment Corporation3.39%$5,804.0552.10%
CTZ.VNamSys Inc.3.39%$0.0556.26%
FILTRA.BOFiltra Consultants and Engineers Limited3.39%$2.4484.66%
INWI.STInwido AB (publ)3.39%$5.4860.02%
000422.SZHubei Yihua Chemical Industry Co., Ltd.3.38%$0.4872.32%
002318.SZZhejiang Jiuli Hi-Tech Metals Co., Ltd.3.38%$0.9854.31%
002533.SZGold cup Electric Apparatus Co.,Ltd.3.38%$0.4250.59%
003490.KSKorean Air Lines Co., Ltd.3.38%$750.2629.70%
600578.SSBeijing Jingneng Power Co., Ltd.3.38%$0.1733.20%
601811.SSXinhua Winshare Publishing and Media Co., Ltd.3.38%$0.4534.30%
7270.TSubaru Corporation3.38%$114.7827.17%
JHGJanus Henderson Group plc3.38%$1.6146.72%
002714.SZMuyuan Foods Co., Ltd.3.37%$1.7041.84%
019210.KQYG-1 Co., Ltd.3.37%$174.8833.83%
1954.TNippon Koei Co., Ltd.3.37%$126.0437.37%
7TEC.BOSaven Technologies Limited3.37%$1.5048.59%
8252.TMarui Group Co., Ltd.3.37%$108.4166.71%
9739.TNSW Inc.3.37%$85.1035.17%
0JMU.Ltechnotrans SE3.36%$1.1552.64%
4321.SRArabian Centres Company3.36%$0.6424.31%
600141.SSHubei Xingfa Chemicals Group Co., Ltd.3.36%$1.1683.90%
601825.SSShanghai Rural Commercial Bank Co., Ltd.3.36%$0.3124.33%
KC4.DEKONE Oyj3.36%$1.8095.42%
OTEXOpen Text Corporation3.36%$1.0755.28%
294870.KSHDC Hyundai Development Company3.35%$700.0023.41%
4212.TSekisui Jushi Corporation3.35%$71.2959.28%
B61.SIBukit Sembawang Estates Limited3.35%$0.1636.24%
CAMB.BRCampine N.V.3.35%$7.6318.23%
ELIS.PAElis S.A.3.35%$0.8033.62%
KREATE.HEKreate Group Oyj3.35%$0.4379.17%
M12.DEM1 Kliniken AG3.35%$0.6132.73%
XGR2.DECompass Group PLC3.35%$0.9061.67%
004430.KSSongwon Industrial Co., Ltd.3.34%$301.2433.59%
0N66.LATOSS Software AG3.34%$3.8280.44%
6219.TWOFull Wang International Development Co., Ltd.3.34%$0.6777.89%
9537.SRAmwaj International Company3.34%$1.0094.38%
AMATAV.BKAmata VN Public Company Limited3.34%$0.0621.41%
EOAN.DEE.on Se3.34%$0.5547.88%
030190.KQNICE Information Service Co., Ltd.3.33%$331.9538.71%
089470.KSHDC Hyundai Engineering Plastics Co., Ltd.3.33%$140.0111.49%
2373.HKBeauty Farm Medical and Health Industry Inc.3.33%$0.8841.42%
600258.SSBTG Hotels (Group) Co., Ltd.3.33%$0.5674.23%
601518.SSJilin Expressway Co., Ltd.3.33%$0.0932.60%
6584.TSanoh Industrial Co., Ltd.3.33%$28.5739.95%
6843.TWOJDV Control Valves Co., Ltd.3.33%$1.9085.01%
ARASE.ISDogu Aras Enerji Yatirimlari AS3.33%$2.3841.72%
AZA.STAvanza Bank Holding AB (publ)3.33%$11.7070.53%
BAY-R.BKBank of Ayudhya Public Company Limited3.33%$0.8720.61%
SL.MISanlorenzo S.p.A.3.33%$1.0133.16%
STNGScorpio Tankers Inc.3.33%$1.6528.37%