Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Daishin Securities Co., Ltd. (003540.KS)

Company Dividend Discount ModelIndustry: Financial - Capital MarketsSector: Financial Services

Valuation Snapshot

Stable Growth$186,666.63 - $604,039.03$566,073.03
Multi-Stage$80,477.38 - $88,028.98$84,184.06
Blended Fair Value$325,128.55
Current Price$26,400.00
Upside1,131.55%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.72%17.82%1,087.481,061.401,251.231,065.97908.89597.62585.90527.56478.59254.51
YoY Growth--2.46%-15.17%17.38%17.28%52.08%2.00%11.06%10.23%88.04%20.67%
Dividend Yield--6.70%6.84%9.78%5.99%5.59%6.98%5.21%3.91%4.02%2.12%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)229,187.06
(-) Cash Dividends Paid (M)101,540.61
(=) Cash Retained (M)127,646.45
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)45,837.4128,648.3817,189.03
Cash Retained (M)127,646.45127,646.45127,646.45
(-) Cash Required (M)-45,837.41-28,648.38-17,189.03
(=) Excess Retained (M)81,809.0498,998.07110,457.42
(/) Shares Outstanding (M)75.4675.4675.46
(=) Excess Retained per Share1,084.171,311.961,463.83
LTM Dividend per Share1,345.661,345.661,345.66
(+) Excess Retained per Share1,084.171,311.961,463.83
(=) Adjusted Dividend2,429.822,657.622,809.48
WACC / Discount Rate6.87%6.87%6.87%
Growth Rate5.50%6.50%7.50%
Fair Value$186,666.63$566,073.03$604,039.03
Upside / Downside607.07%2,044.22%2,188.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)229,187.06244,084.22259,949.70276,846.43294,841.44314,006.14323,426.32
Payout Ratio44.30%53.44%62.58%71.72%80.86%90.00%92.50%
Projected Dividends (M)101,540.61130,447.76162,683.83198,559.45238,411.56282,605.52299,169.35

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.87%6.87%6.87%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)120,912.26122,058.34123,204.43
Year 2 PV (M)139,769.30142,431.51145,118.84
Year 3 PV (M)158,121.76162,660.87167,286.02
Year 4 PV (M)175,979.50182,747.18189,708.20
Year 5 PV (M)193,352.20202,691.18212,387.59
PV of Terminal Value (M)5,284,527.375,539,772.015,804,785.48
Equity Value (M)6,072,662.386,352,361.106,642,490.56
Shares Outstanding (M)75.4675.4675.46
Fair Value$80,477.38$84,184.06$88,028.98
Upside / Downside204.84%218.88%233.44%

High-Yield Dividend Screener

« Prev Page 53 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603600.SSUE Furniture Co., Ltd.3.04%$0.3645.42%
6725.TWOCica-Huntek Chemical Technology Taiwan Co., Ltd.3.04%$8.6629.24%
7736.TWOHushan3.04%$2.7334.63%
9631.SRHedab Alkhaleej Trading Co.3.04%$0.9315.05%
EMBELL.STEmbellence Group AB (publ)3.04%$1.2345.31%
HBH.DEHORNBACH Holding AG & Co. KGaA3.04%$2.5026.39%
S68.SISingapore Exchange Limited3.04%$0.5244.77%
000563.SZShaanxi International Trust Co.,Ltd.3.03%$0.1037.59%
000651.SZGree Electric Appliances, Inc. of Zhuhai3.03%$1.2221.25%
002588.SZStanley Agriculture Group Co.,Ltd.3.03%$0.3035.63%
2890.TWSinoPac Financial Holdings Company Limited3.03%$0.8747.46%
300146.SZBy-health Co., Ltd.3.03%$0.3688.13%
AN3PJ.AXANZ Group Holdings Limited3.03%$3.1474.08%
SBMA.JKPT Surya Biru Murni Acetylene Tbk3.03%$4.0026.88%
003008.SZXuchang KETOP Testing Research Institute Co.,Ltd3.02%$0.6577.32%
350520.KSIGIS RESIDENCE REIT Co., Ltd.3.02%$115.5129.71%
5249.KLIOI Properties Group Berhad3.02%$0.0826.55%
601609.SSNingbo Jintian Copper(Group) Co., Ltd.3.02%$0.3365.77%
6667.TWOTrusval Technology Co., Ltd.3.02%$8.1265.45%
9202.TANA Holdings Inc.3.02%$89.9231.71%
AXFO.STAxfood AB (publ)3.02%$8.7188.81%
EQTL3.SAEquatorial Energia S.A.3.02%$1.1643.16%
GARAN.ISTurkiye Garanti Bankasi A.S.3.02%$4.5217.50%
IMOImperial Oil Limited3.02%$2.6933.94%
JEN.BRJensen-Group N.V.3.02%$1.7919.29%
002116.SZChina Haisum Engineering Co., Ltd.3.01%$0.3140.43%
007210.KSByucksan Corporation3.01%$52.2417.82%
0QO7.LBarry Callebaut AG3.01%$57.9084.65%
0R8X.LPlazza AG3.01%$12.5035.89%
1837.HKNatural Food International Holding Limited3.01%$0.0322.72%
280360.KSLotte Wellfood Co.,Ltd3.01%$3,368.6447.78%
7236.TT.RAD Co., Ltd.3.01%$247.2925.88%
ARJO-B.STArjo AB (publ)3.01%$0.9559.13%
FAE.MCFaes Farma, S.A.3.01%$0.1638.53%
000582.SZBeibu Gulf Port Co., Ltd.3.00%$0.2861.06%
5227.KLIGB Real Estate Investment Trust3.00%$0.0849.35%
600989.SSNingxia Baofeng Energy Group Co., Ltd.3.00%$0.5939.72%
601058.SSSailun Group Co., Ltd.3.00%$0.4942.76%
9147.TNippon Express Holdings,Inc.3.00%$100.5780.85%
EUROB.ATEurobank Ergasias Services and Holdings S.A.3.00%$0.1128.68%
KLBF.JKPT Kalbe Farma Tbk.3.00%$36.1046.82%
KNOPKNOT Offshore Partners LP3.00%$0.3131.19%
SANT.DEKontron AG3.00%$0.5826.01%
000932.SZHunan Valin Steel Co., Ltd.2.99%$0.1741.58%
002039.SZGuiZhou QianYuan Power Co., Ltd.2.99%$0.5452.04%
028100.KSDong-Ah Geological Engineering Company Ltd.2.99%$509.7141.84%
0R6S.LZehnder Group AG2.99%$2.4466.50%
2658.KLAjinomoto (Malaysia) Bhd2.99%$0.4144.56%
3486.TGlobal Link Management Inc.2.99%$63.6616.66%
4002.SRMouwasat Medical Services Company2.99%$2.0052.94%