Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

The Nature Holdings Co., Ltd. (298540.KQ)

Company Dividend Discount ModelIndustry: Apparel - Footwear & AccessoriesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$13,749.89 - $33,403.44$20,452.04
Multi-Stage$56,052.37 - $61,898.20$58,916.78
Blended Fair Value$39,684.41
Current Price$9,950.00
Upside298.84%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS0.00%0.00%431.35402.11201.05201.050.000.000.000.000.000.00
YoY Growth--7.27%100.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--4.79%2.55%0.72%0.58%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)9,867.06
(-) Cash Dividends Paid (M)7,556.21
(=) Cash Retained (M)2,310.85
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,973.411,233.38740.03
Cash Retained (M)2,310.852,310.852,310.85
(-) Cash Required (M)-1,973.41-1,233.38-740.03
(=) Excess Retained (M)337.441,077.471,570.82
(/) Shares Outstanding (M)14.4714.4714.47
(=) Excess Retained per Share23.3274.47108.57
LTM Dividend per Share522.25522.25522.25
(+) Excess Retained per Share23.3274.47108.57
(=) Adjusted Dividend545.57596.72630.82
WACC / Discount Rate1.89%1.89%1.89%
Growth Rate-2.00%-1.00%0.00%
Fair Value$13,749.89$20,452.04$33,403.44
Upside / Downside38.19%105.55%235.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)9,867.069,768.399,670.709,574.009,478.269,383.479,664.98
Payout Ratio76.58%79.26%81.95%84.63%87.32%90.00%92.50%
Projected Dividends (M)7,556.217,742.837,924.968,102.678,276.048,445.138,940.10

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.89%1.89%1.89%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)7,522.557,599.317,676.08
Year 2 PV (M)7,480.467,633.907,788.90
Year 3 PV (M)7,430.637,660.427,894.91
Year 4 PV (M)7,373.707,679.317,994.31
Year 5 PV (M)7,310.307,690.968,087.32
PV of Terminal Value (M)773,876.02814,173.54856,132.55
Equity Value (M)810,993.66852,437.45895,574.07
Shares Outstanding (M)14.4714.4714.47
Fair Value$56,052.37$58,916.78$61,898.20
Upside / Downside463.34%492.13%522.09%

High-Yield Dividend Screener

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