Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Tae Kwang Corporation (023160.KQ)

Company Dividend Discount ModelIndustry: Manufacturing - Metal FabricationSector: Industrials

Valuation Snapshot

Stable Growth$138,035.74 - $502,079.27$432,840.02
Multi-Stage$69,949.67 - $76,625.46$73,225.86
Blended Fair Value$253,032.94
Current Price$25,800.00
Upside880.75%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.78%0.00%170.01170.01100.0150.00100.0175.0150.0050.00100.010.00
YoY Growth--0.00%70.00%100.00%-50.00%33.33%50.00%0.00%-50.00%0.00%0.00%
Dividend Yield--0.82%1.37%0.59%0.48%1.14%1.15%0.44%0.40%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)65,572.15
(-) Cash Dividends Paid (M)13,838.97
(=) Cash Retained (M)51,733.17
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)13,114.438,196.524,917.91
Cash Retained (M)51,733.1751,733.1751,733.17
(-) Cash Required (M)-13,114.43-8,196.52-4,917.91
(=) Excess Retained (M)38,618.7443,536.6646,815.26
(/) Shares Outstanding (M)25.8725.8725.87
(=) Excess Retained per Share1,493.061,683.191,809.95
LTM Dividend per Share535.04535.04535.04
(+) Excess Retained per Share1,493.061,683.191,809.95
(=) Adjusted Dividend2,028.102,218.232,344.99
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate5.05%6.05%7.05%
Fair Value$138,035.74$432,840.02$502,079.27
Upside / Downside435.02%1,577.67%1,846.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)65,572.1569,541.7573,751.6578,216.4282,951.4887,973.1890,612.38
Payout Ratio21.10%34.88%48.66%62.44%76.22%90.00%92.50%
Projected Dividends (M)13,838.9724,258.9235,889.7548,839.8863,226.4479,175.8683,816.45

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate5.05%6.05%7.05%
Year 1 PV (M)22,542.9522,757.5422,972.12
Year 2 PV (M)30,991.9731,584.7932,183.24
Year 3 PV (M)39,191.5740,321.4541,472.83
Year 4 PV (M)47,147.2248,968.1850,841.39
Year 5 PV (M)54,864.2757,525.7060,289.43
PV of Terminal Value (M)1,614,545.091,692,865.761,774,196.80
Equity Value (M)1,809,283.071,894,023.421,981,955.81
Shares Outstanding (M)25.8725.8725.87
Fair Value$69,949.67$73,225.86$76,625.46
Upside / Downside171.12%183.82%197.00%

High-Yield Dividend Screener

« Prev Page 5 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
U11.SIUnited Overseas Bank Limited11.62%$4.1058.46%
9543.SRSaudi Networkers Services Company11.60%$8.7072.96%
0688.HKChina Overseas Land & Investment Limited11.57%$1.4538.43%
0QKP.LPhoenix Mecano AG11.55%$51.5065.02%
601668.SSChina State Construction Engineering Corporation Limited11.55%$0.5954.79%
5983.KLMBM Resources Bhd11.49%$0.6069.77%
601800.SSChina Communications Construction Company Limited11.48%$0.9576.83%
0440.HKDah Sing Financial Holdings Limited11.45%$4.0834.85%
H02.SIHaw Par Corporation Limited11.39%$1.8082.18%
EDV.AXEndeavour Group Limited11.35%$0.4279.74%
102260.KSDongsung Chemical Co., Ltd.11.33%$470.0161.08%
092230.KSKPX Holdings Co.,Ltd.11.32%$8,125.9434.75%
9909.HKPowerlong Commercial Management Holdings Limited11.28%$0.2829.74%
SVR.AXSolvar Limited11.25%$0.2083.01%
HOLCO.ASHolland Colours N.V.11.23%$9.8877.82%
RBN-UN.TOBlue Ribbon Income Fund11.23%$0.9343.10%
0066.HKMTR Corporation Limited11.22%$3.3977.76%
3360.HKFar East Horizon Limited11.17%$0.8944.98%
0934.HKSinopec Kantons Holdings Limited11.16%$0.4758.03%
317400.KSXi S&D Inc.11.16%$481.1664.89%
0146.HKTai Ping Carpets International Limited11.12%$0.2151.92%
096760.KSJW Holdings Corporation11.12%$390.8363.07%
3868.HKXinyi Energy Holdings Limited11.12%$0.1360.32%
BMW3.DEBayerische Motoren Werke AG11.11%$10.5291.60%
1109.HKChina Resources Land Limited11.09%$3.0736.44%
2380.HKChina Power International Development Limited11.08%$0.3656.67%
3900.HKGreentown China Holdings Limited11.07%$0.9398.98%
600016.SSChina Minsheng Banking Corp., Ltd.11.06%$0.4261.11%
BFG.AXBell Financial Group Limited11.06%$0.1590.20%
1571.HKXin Point Holdings Limited11.03%$0.4241.05%
601577.SSBank of Changsha Co., Ltd.11.03%$1.0752.50%
IMMOU.BRImmo Moury SCA11.02%$3.5993.20%
2555.HKSichuan Baicha Baidao Industrial Co., Ltd.11.00%$0.7076.19%
POMO3.SAMarcopolo S.A.10.98%$0.6158.30%
IEL.AXIDP Education Limited10.96%$0.6398.92%
1579.HKYihai International Holding Ltd.10.95%$1.4288.97%
SPTO.JKPT Surya Pertiwi Tbk10.93%$70.5268.08%
TOTG.OLTotens Sparebank10.91%$31.6287.19%
1052.HKYuexiu Transport Infrastructure Limited10.89%$0.5162.60%
601919.SSCOSCO SHIPPING Holdings Co., Ltd.10.89%$1.6567.32%
DETEC.HEDetection Technology Oyj10.89%$1.2399.18%
018500.KSDongwon Metal Co., Ltd.10.86%$150.3024.83%
3799.HKDali Foods Group Company Limited10.86%$0.4172.83%
EBRO.MCEbro Foods, S.A.10.86%$2.0177.79%
023590.KSDaou Technology Inc.10.85%$4,297.7041.75%
0392.HKBeijing Enterprises Holdings Limited10.84%$3.4643.30%
NOVC.DENovo Nordisk A/S10.83%$9.9046.60%
0408.HKYip's Chemical Holdings Limited10.81%$0.2048.65%
4342.SRJadwa Investment - Jadwa Reit Saudi Fund10.80%$1.2085.91%
RIAS-B.CORIAS A/S10.79%$73.9373.44%