Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hyundai Corporation (011760.KS)

Company Dividend Discount ModelIndustry: Industrial - DistributionSector: Industrials

Valuation Snapshot

Stable Growth$101,509.59 - $202,721.22$141,000.37
Multi-Stage$195,308.03 - $214,995.07$204,960.68
Blended Fair Value$172,980.53
Current Price$21,150.00
Upside717.87%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-1.05%-4.28%585.96585.96590.41585.96617.57617.57617.57524.17806.44907.81
YoY Growth--0.00%-0.75%0.76%-5.12%0.00%0.00%17.82%-35.00%-11.17%0.00%
Dividend Yield--2.68%3.28%3.61%3.57%3.16%5.77%2.46%2.87%3.75%3.95%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)75,693.50
(-) Cash Dividends Paid (M)8,407.68
(=) Cash Retained (M)67,285.82
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)15,138.709,461.695,677.01
Cash Retained (M)67,285.8267,285.8267,285.82
(-) Cash Required (M)-15,138.70-9,461.69-5,677.01
(=) Excess Retained (M)52,147.1257,824.1461,608.81
(/) Shares Outstanding (M)12.3012.3012.30
(=) Excess Retained per Share4,240.044,701.635,009.36
LTM Dividend per Share683.62683.62683.62
(+) Excess Retained per Share4,240.044,701.635,009.36
(=) Adjusted Dividend4,923.665,385.255,692.98
WACC / Discount Rate5.57%5.57%5.57%
Growth Rate0.69%1.69%2.69%
Fair Value$101,509.59$141,000.37$202,721.22
Upside / Downside379.95%566.67%858.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)75,693.5076,969.6978,267.4079,586.9880,928.8282,293.2884,762.07
Payout Ratio11.11%26.89%42.66%58.44%74.22%90.00%92.50%
Projected Dividends (M)8,407.6820,694.0933,392.4146,513.0360,066.5974,063.9578,404.92

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.57%5.57%5.57%
Growth Rate0.69%1.69%2.69%
Year 1 PV (M)19,409.5219,602.3019,795.07
Year 2 PV (M)29,375.4829,961.8830,554.08
Year 3 PV (M)38,377.8339,532.7240,710.54
Year 4 PV (M)46,484.4148,358.8250,289.34
Year 5 PV (M)53,758.8456,482.0259,314.47
PV of Terminal Value (M)2,214,636.932,326,820.702,443,505.29
Equity Value (M)2,402,043.022,520,758.442,644,168.79
Shares Outstanding (M)12.3012.3012.30
Fair Value$195,308.03$204,960.68$214,995.07
Upside / Downside823.44%869.08%916.53%

High-Yield Dividend Screener

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