Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Eugene Technology Co.,Ltd. (084370.KQ)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$24,890.60 - $37,816.87$30,960.82
Multi-Stage$50,295.38 - $55,433.16$52,813.53
Blended Fair Value$41,887.18
Current Price$39,100.00
Upside7.13%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS-2.88%0.00%198.79268.30270.77230.14230.14230.010.000.000.000.00
YoY Growth---25.91%-0.91%17.65%0.00%0.06%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.52%0.64%0.85%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)63,493.78
(-) Cash Dividends Paid (M)5,654.07
(=) Cash Retained (M)57,839.71
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)12,698.767,936.724,762.03
Cash Retained (M)57,839.7157,839.7157,839.71
(-) Cash Required (M)-12,698.76-7,936.72-4,762.03
(=) Excess Retained (M)45,140.9549,902.9953,077.68
(/) Shares Outstanding (M)22.3422.3422.34
(=) Excess Retained per Share2,020.362,233.502,375.58
LTM Dividend per Share253.06253.06253.06
(+) Excess Retained per Share2,020.362,233.502,375.58
(=) Adjusted Dividend2,273.422,486.552,628.64
WACC / Discount Rate6.95%6.95%6.95%
Growth Rate-2.00%-1.00%0.00%
Fair Value$24,890.60$30,960.82$37,816.87
Upside / Downside-36.34%-20.82%-3.28%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)63,493.7862,858.8562,230.2661,607.9660,991.8860,381.9662,193.42
Payout Ratio8.90%25.12%41.34%57.56%73.78%90.00%92.50%
Projected Dividends (M)5,654.0715,792.6225,727.8335,462.7545,000.4154,343.7657,528.91

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.95%6.95%6.95%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)14,617.0714,766.2214,915.38
Year 2 PV (M)22,040.1922,492.2922,948.97
Year 3 PV (M)28,118.4128,987.9929,875.32
Year 4 PV (M)33,024.8634,393.5835,804.42
Year 5 PV (M)36,913.0838,835.2340,836.63
PV of Terminal Value (M)989,036.051,040,537.451,094,162.29
Equity Value (M)1,123,749.661,180,012.771,238,543.01
Shares Outstanding (M)22.3422.3422.34
Fair Value$50,295.38$52,813.53$55,433.16
Upside / Downside28.63%35.07%41.77%

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