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Samji Electronics Co., Ltd. (037460.KQ)

Company Dividend Discount ModelIndustry: Communication EquipmentSector: Technology

Valuation Snapshot

Stable Growth$249,493.05 - $779,828.82$730,813.81
Multi-Stage$105,485.53 - $115,374.87$110,339.72
Blended Fair Value$420,576.76
Current Price$11,170.00
Upside3,665.24%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS52.06%41.60%1,157.711,214.87401.60301.20142.39142.39122.05321.830.000.00
YoY Growth---4.70%202.50%33.33%111.53%0.00%16.67%-62.08%0.00%0.00%-100.00%
Dividend Yield--12.61%14.16%4.37%2.34%1.05%1.99%1.20%2.52%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)59,893.40
(-) Cash Dividends Paid (M)28,585.68
(=) Cash Retained (M)31,307.72
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11,978.687,486.684,492.01
Cash Retained (M)31,307.7231,307.7231,307.72
(-) Cash Required (M)-11,978.68-7,486.68-4,492.01
(=) Excess Retained (M)19,329.0423,821.0526,815.72
(/) Shares Outstanding (M)15.2715.2715.27
(=) Excess Retained per Share1,265.471,559.561,755.62
LTM Dividend per Share1,871.491,871.491,871.49
(+) Excess Retained per Share1,265.471,559.561,755.62
(=) Adjusted Dividend3,136.963,431.053,627.11
WACC / Discount Rate6.83%6.83%6.83%
Growth Rate5.50%6.50%7.50%
Fair Value$249,493.05$730,813.81$779,828.82
Upside / Downside2,133.60%6,442.65%6,881.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)59,893.4063,786.4767,932.5972,348.2177,050.8582,059.1584,520.93
Payout Ratio47.73%56.18%64.64%73.09%81.55%90.00%92.50%
Projected Dividends (M)28,585.6835,836.5743,909.2952,880.0662,831.5173,853.2478,181.86

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.83%6.83%6.83%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)33,231.5333,546.5233,861.51
Year 2 PV (M)37,757.5938,476.7639,202.72
Year 3 PV (M)42,166.1243,376.5644,609.94
Year 4 PV (M)46,459.3548,246.0550,083.79
Year 5 PV (M)50,639.4653,085.3655,624.88
PV of Terminal Value (M)1,400,958.371,468,625.181,538,881.76
Equity Value (M)1,611,212.411,685,356.431,762,264.60
Shares Outstanding (M)15.2715.2715.27
Fair Value$105,485.53$110,339.72$115,374.87
Upside / Downside844.36%887.82%932.90%

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