Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

LG Uplus Corp. (032640.KS)

Company Dividend Discount ModelIndustry: Telecommunications ServicesSector: Communication Services

Valuation Snapshot

Stable Growth$26,393.84 - $77,030.18$41,526.99
Multi-Stage$36,386.16 - $39,932.25$38,125.61
Blended Fair Value$39,826.30
Current Price$14,300.00
Upside178.51%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.22%15.80%660.86660.84600.02659.83406.33406.33406.33355.54253.96152.37
YoY Growth--0.00%10.14%-9.06%62.39%0.00%0.00%14.29%40.00%66.67%0.00%
Dividend Yield--6.42%6.62%5.54%4.71%3.32%3.76%2.60%2.90%1.78%1.38%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)464,925.00
(-) Cash Dividends Paid (M)279,393.00
(=) Cash Retained (M)185,532.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)92,985.0058,115.6334,869.38
Cash Retained (M)185,532.00185,532.00185,532.00
(-) Cash Required (M)-92,985.00-58,115.63-34,869.38
(=) Excess Retained (M)92,547.00127,416.38150,662.63
(/) Shares Outstanding (M)429.81429.81429.81
(=) Excess Retained per Share215.32296.45350.53
LTM Dividend per Share650.04650.04650.04
(+) Excess Retained per Share215.32296.45350.53
(=) Adjusted Dividend865.36946.481,000.57
WACC / Discount Rate5.69%5.69%5.69%
Growth Rate2.34%3.34%4.34%
Fair Value$26,393.84$41,526.99$77,030.18
Upside / Downside84.57%190.40%438.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)464,925.00480,442.36496,477.62513,048.08530,171.60547,866.63564,302.63
Payout Ratio60.09%66.08%72.06%78.04%84.02%90.00%92.50%
Projected Dividends (M)279,393.00317,454.05357,744.52400,370.84445,444.04493,079.97521,979.93

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.69%5.69%5.69%
Growth Rate2.34%3.34%4.34%
Year 1 PV (M)297,448.65300,355.20303,261.74
Year 2 PV (M)314,076.37320,244.40326,472.41
Year 3 PV (M)329,348.61339,098.03349,037.97
Year 4 PV (M)343,334.68356,952.35370,971.15
Year 5 PV (M)356,100.86373,842.55392,284.45
PV of Terminal Value (M)13,998,861.6614,696,314.4715,421,293.21
Equity Value (M)15,639,170.8316,386,807.0017,163,320.93
Shares Outstanding (M)429.81429.81429.81
Fair Value$36,386.16$38,125.61$39,932.25
Upside / Downside154.45%166.61%179.25%

High-Yield Dividend Screener

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