Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Huons Co., Ltd. (243070.KQ)

Company Dividend Discount ModelIndustry: Drug Manufacturers - Specialty & GenericSector: Healthcare

Valuation Snapshot

Stable Growth$24,174.02 - $35,871.67$29,758.84
Multi-Stage$42,627.53 - $46,911.34$44,727.53
Blended Fair Value$37,243.18
Current Price$29,750.00
Upside25.19%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162014
DPS2.75%0.00%627.81894.46542.33493.46527.52548.22311.660.000.00176.97
YoY Growth---29.81%64.93%9.90%-6.46%-3.78%75.90%0.00%0.00%-100.00%0.00%
Dividend Yield--2.56%2.49%1.71%1.05%1.03%1.45%0.62%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)35,753.26
(-) Cash Dividends Paid (M)5,608.14
(=) Cash Retained (M)30,145.12
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7,150.654,469.162,681.49
Cash Retained (M)30,145.1230,145.1230,145.12
(-) Cash Required (M)-7,150.65-4,469.16-2,681.49
(=) Excess Retained (M)22,994.4725,675.9627,463.63
(/) Shares Outstanding (M)11.9011.9011.90
(=) Excess Retained per Share1,931.862,157.152,307.33
LTM Dividend per Share471.16471.16471.16
(+) Excess Retained per Share1,931.862,157.152,307.33
(=) Adjusted Dividend2,403.032,628.312,778.50
WACC / Discount Rate7.94%7.94%7.94%
Growth Rate-1.82%-0.82%0.18%
Fair Value$24,174.02$29,758.84$35,871.67
Upside / Downside-18.74%0.03%20.58%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)35,753.2635,459.9835,169.1134,880.6334,594.5134,310.7435,340.06
Payout Ratio15.69%30.55%45.41%60.27%75.14%90.00%92.50%
Projected Dividends (M)5,608.1410,832.5115,970.7921,024.0425,993.3230,879.6632,689.56

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.94%7.94%7.94%
Growth Rate-1.82%-0.82%0.18%
Year 1 PV (M)9,934.5510,035.7410,136.93
Year 2 PV (M)13,432.7513,707.7813,985.60
Year 3 PV (M)16,217.1416,717.7317,228.53
Year 4 PV (M)18,388.1919,148.8819,932.93
Year 5 PV (M)20,034.0721,075.3422,159.46
PV of Terminal Value (M)429,378.19451,695.15474,930.55
Equity Value (M)507,384.89532,380.62558,373.99
Shares Outstanding (M)11.9011.9011.90
Fair Value$42,627.53$44,727.53$46,911.34
Upside / Downside43.29%50.34%57.69%

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