Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

HITEJINRO Co., Ltd. (000080.KS)

Company Dividend Discount ModelIndustry: Beverages - Wineries & DistilleriesSector: Consumer Defensive

Valuation Snapshot

Stable Growth$21,298.49 - $43,282.23$29,774.70
Multi-Stage$33,194.04 - $36,430.73$34,781.60
Blended Fair Value$32,278.15
Current Price$19,050.00
Upside69.44%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.49%-1.25%949.19949.19799.44749.53699.62799.44799.44899.27999.10999.10
YoY Growth--0.00%18.73%6.66%7.13%-12.49%0.00%-11.10%-9.99%0.00%-7.22%
Dividend Yield--4.94%4.56%3.57%2.00%1.90%2.98%4.36%4.01%4.91%3.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)87,043.57
(-) Cash Dividends Paid (M)48,730.85
(=) Cash Retained (M)38,312.72
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)17,408.7110,880.456,528.27
Cash Retained (M)38,312.7238,312.7238,312.72
(-) Cash Required (M)-17,408.71-10,880.45-6,528.27
(=) Excess Retained (M)20,904.0127,432.2831,784.46
(/) Shares Outstanding (M)69.6569.6569.65
(=) Excess Retained per Share300.11393.84456.32
LTM Dividend per Share699.62699.62699.62
(+) Excess Retained per Share300.11393.84456.32
(=) Adjusted Dividend999.731,093.451,155.94
WACC / Discount Rate6.26%6.26%6.26%
Growth Rate1.49%2.49%3.49%
Fair Value$21,298.49$29,774.70$43,282.23
Upside / Downside11.80%56.30%127.20%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)87,043.5789,213.9491,438.4293,718.3796,055.1798,450.24101,403.75
Payout Ratio55.98%62.79%69.59%76.39%83.20%90.00%92.50%
Projected Dividends (M)48,730.8556,015.2463,632.6071,595.0079,914.9188,605.2193,798.46

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.26%6.26%6.26%
Growth Rate1.49%2.49%3.49%
Year 1 PV (M)52,202.2152,716.5553,230.89
Year 2 PV (M)55,264.3356,358.7257,463.84
Year 3 PV (M)57,946.9559,676.7161,440.56
Year 4 PV (M)60,277.9362,688.9165,171.51
Year 5 PV (M)62,283.4265,412.8368,666.78
PV of Terminal Value (M)2,024,114.292,125,815.252,231,563.69
Equity Value (M)2,312,089.142,422,668.982,537,537.27
Shares Outstanding (M)69.6569.6569.65
Fair Value$33,194.04$34,781.60$36,430.73
Upside / Downside74.25%82.58%91.24%

High-Yield Dividend Screener

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