Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

CUCKOO Homesys Co., Ltd (284740.KS)

Company Dividend Discount ModelIndustry: Technology DistributorsSector: Technology

Valuation Snapshot

Stable Growth$51,421.25 - $80,833.32$64,909.46
Multi-Stage$70,045.76 - $76,847.65$73,382.11
Blended Fair Value$69,145.79
Current Price$26,200.00
Upside163.92%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS51.43%0.00%1,175.04700.07650.06600.06137.27147.560.000.000.000.00
YoY Growth--67.85%7.69%8.33%337.14%-6.97%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--5.68%3.16%2.45%1.70%0.32%0.46%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)114,511.60
(-) Cash Dividends Paid (M)22,422.38
(=) Cash Retained (M)92,089.22
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)22,902.3214,313.958,588.37
Cash Retained (M)92,089.2292,089.2292,089.22
(-) Cash Required (M)-22,902.32-14,313.95-8,588.37
(=) Excess Retained (M)69,186.9077,775.2783,500.85
(/) Shares Outstanding (M)22.4222.4222.42
(=) Excess Retained per Share3,085.913,468.973,724.35
LTM Dividend per Share1,000.101,000.101,000.10
(+) Excess Retained per Share3,085.913,468.973,724.35
(=) Adjusted Dividend4,086.014,469.074,724.44
WACC / Discount Rate8.74%8.74%8.74%
Growth Rate0.73%1.73%2.73%
Fair Value$51,421.25$64,909.46$80,833.32
Upside / Downside96.26%147.75%208.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)114,511.60116,497.22118,517.26120,572.33122,663.04124,790.00128,533.70
Payout Ratio19.58%33.66%47.75%61.83%75.92%90.00%92.50%
Projected Dividends (M)22,422.3839,218.4456,590.2574,552.7193,121.09112,311.00118,893.67

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.74%8.74%8.74%
Growth Rate0.73%1.73%2.73%
Year 1 PV (M)35,712.2536,066.7736,421.29
Year 2 PV (M)46,924.0247,860.2948,805.80
Year 3 PV (M)56,291.6357,984.7859,711.53
Year 4 PV (M)64,025.8466,606.3269,264.03
Year 5 PV (M)70,316.3573,876.5477,579.49
PV of Terminal Value (M)1,297,173.341,362,850.511,431,161.39
Equity Value (M)1,570,443.431,645,245.201,722,943.54
Shares Outstanding (M)22.4222.4222.42
Fair Value$70,045.76$73,382.11$76,847.65
Upside / Downside167.35%180.08%193.31%

High-Yield Dividend Screener

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