Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

DONGBANG AGRO Corporation (007590.KS)

Company Dividend Discount ModelIndustry: Agricultural InputsSector: Basic Materials

Valuation Snapshot

Stable Growth$14,477.32 - $48,293.36$23,627.63
Multi-Stage$15,795.84 - $17,316.27$16,541.80
Blended Fair Value$20,084.72
Current Price$6,180.00
Upside225.00%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.11%4.84%295.66246.38246.38337.10346.10230.43230.43230.43202.75184.34
YoY Growth--20.00%0.00%-26.91%-2.60%50.20%0.00%0.00%13.65%9.99%0.00%
Dividend Yield--4.95%3.89%3.82%4.46%4.99%4.27%3.25%3.10%2.83%2.68%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)6,833.03
(-) Cash Dividends Paid (M)3,721.80
(=) Cash Retained (M)3,111.22
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,366.61854.13512.48
Cash Retained (M)3,111.223,111.223,111.22
(-) Cash Required (M)-1,366.61-854.13-512.48
(=) Excess Retained (M)1,744.622,257.092,598.74
(/) Shares Outstanding (M)12.5912.5912.59
(=) Excess Retained per Share138.59179.30206.44
LTM Dividend per Share295.66295.66295.66
(+) Excess Retained per Share138.59179.30206.44
(=) Adjusted Dividend434.25474.96502.10
WACC / Discount Rate6.20%6.20%6.20%
Growth Rate3.11%4.11%5.11%
Fair Value$14,477.32$23,627.63$48,293.36
Upside / Downside134.26%282.32%681.45%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)6,833.037,113.977,406.467,710.988,028.028,358.098,608.84
Payout Ratio54.47%61.57%68.68%75.79%82.89%90.00%92.50%
Projected Dividends (M)3,721.804,380.385,086.815,843.936,654.717,522.287,963.17

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.20%6.20%6.20%
Growth Rate3.11%4.11%5.11%
Year 1 PV (M)4,084.864,124.484,164.10
Year 2 PV (M)4,423.624,509.844,596.89
Year 3 PV (M)4,739.184,878.415,020.34
Year 4 PV (M)5,032.615,230.705,434.58
Year 5 PV (M)5,304.945,567.225,839.77
PV of Terminal Value (M)175,257.30183,922.18192,926.44
Equity Value (M)198,842.51208,232.82217,982.11
Shares Outstanding (M)12.5912.5912.59
Fair Value$15,795.84$16,541.80$17,316.27
Upside / Downside155.60%167.67%180.20%

High-Yield Dividend Screener

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