Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Tae Kwang Corporation (023160.KQ)

Company Dividend Discount ModelIndustry: Manufacturing - Metal FabricationSector: Industrials

Valuation Snapshot

Stable Growth$138,035.74 - $502,079.27$432,840.02
Multi-Stage$69,949.67 - $76,625.46$73,225.86
Blended Fair Value$253,032.94
Current Price$25,800.00
Upside880.75%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.78%0.00%170.01170.01100.0150.00100.0175.0150.0050.00100.010.00
YoY Growth--0.00%70.00%100.00%-50.00%33.33%50.00%0.00%-50.00%0.00%0.00%
Dividend Yield--0.82%1.37%0.59%0.48%1.14%1.15%0.44%0.40%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)65,572.15
(-) Cash Dividends Paid (M)13,838.97
(=) Cash Retained (M)51,733.17
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)13,114.438,196.524,917.91
Cash Retained (M)51,733.1751,733.1751,733.17
(-) Cash Required (M)-13,114.43-8,196.52-4,917.91
(=) Excess Retained (M)38,618.7443,536.6646,815.26
(/) Shares Outstanding (M)25.8725.8725.87
(=) Excess Retained per Share1,493.061,683.191,809.95
LTM Dividend per Share535.04535.04535.04
(+) Excess Retained per Share1,493.061,683.191,809.95
(=) Adjusted Dividend2,028.102,218.232,344.99
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate5.05%6.05%7.05%
Fair Value$138,035.74$432,840.02$502,079.27
Upside / Downside435.02%1,577.67%1,846.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)65,572.1569,541.7573,751.6578,216.4282,951.4887,973.1890,612.38
Payout Ratio21.10%34.88%48.66%62.44%76.22%90.00%92.50%
Projected Dividends (M)13,838.9724,258.9235,889.7548,839.8863,226.4479,175.8683,816.45

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate5.05%6.05%7.05%
Year 1 PV (M)22,542.9522,757.5422,972.12
Year 2 PV (M)30,991.9731,584.7932,183.24
Year 3 PV (M)39,191.5740,321.4541,472.83
Year 4 PV (M)47,147.2248,968.1850,841.39
Year 5 PV (M)54,864.2757,525.7060,289.43
PV of Terminal Value (M)1,614,545.091,692,865.761,774,196.80
Equity Value (M)1,809,283.071,894,023.421,981,955.81
Shares Outstanding (M)25.8725.8725.87
Fair Value$69,949.67$73,225.86$76,625.46
Upside / Downside171.12%183.82%197.00%

High-Yield Dividend Screener

« Prev Page 7 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PLYMPlymouth Industrial REIT, Inc.4.80%$1.0549.94%
SAFTSafety Insurance Group, Inc.4.80%$3.6361.47%
CETCentral Securities Corp.4.79%$2.4313.87%
GBLIGlobal Indemnity Group, LLC4.79%$1.3870.11%
JANIXJanus Henderson Triton Fund Class D4.79%$1.2767.95%
MITNAG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 20294.77%$1.2175.90%
PRUPrudential Financial, Inc.4.77%$5.4373.37%
IFAFXThe Income Fund of America, Class F-1 Shares4.76%$1.2433.91%
AMECXAmerican Funds The Income Fund of America Class A4.74%$1.2433.91%
UMPQUmpqua Holdings Corporation4.74%$0.8454.13%
NFBKNorthfield Bancorp, Inc.4.73%$0.5454.01%
SBSISouthside Bancshares, Inc.4.72%$1.4462.24%
TNLTravel + Leisure Co.4.72%$3.4054.99%
AIRCApartment Income REIT Corp.4.68%$1.8341.27%
SONSonoco Products Company4.68%$2.0832.95%
OFLXOmega Flex, Inc.4.67%$1.3685.30%
FTAIOFTAI Aviation Ltd.4.65%$1.1825.22%
WDWalker & Dunlop, Inc.4.65%$2.7379.29%
0J2Z.LHA Sustainable Infrastructure Capital, Inc.4.63%$1.4766.70%
FLMNFalcon Minerals Corporation4.63%$0.3681.83%
GSRMGSR II Meteora Acquisition Corp.4.62%$0.1532.94%
FBFWXAmerican Funds Retirement Income Portfolio - Moderate Class F-14.61%$0.6379.77%
GPSThe Gap, Inc.4.61%$0.9341.48%
QUADQuad/Graphics, Inc.4.61%$0.2764.56%
BMYBristol-Myers Squibb Company4.59%$2.4582.81%
WTBAWest Bancorporation, Inc.4.56%$0.9952.39%
SCPLSciPlay Corporation4.55%$1.0417.40%
OLPOne Liberty Properties, Inc.4.53%$0.9257.61%
RWAYLRunway Growth Finance Corp. - 74.53%$1.1475.51%
INSWInternational Seaways, Inc.4.52%$2.1248.43%
RWAYZRunway Growth Finance Corp. 8.00% Notes due 20274.52%$1.1475.51%
DDominion Energy, Inc.4.48%$2.6597.13%
TGTTarget Corporation4.48%$4.5054.48%
COLBColumbia Banking System, Inc.4.47%$1.2662.95%
DFPAXBNY Mellon Diversified International Fund Class A4.46%$0.4556.12%
KEYKeyCorp4.46%$0.9495.81%
RPTIXT. Rowe Price Mid-Cap Growth Fund4.46%$4.3859.54%
CGBDCarlyle Secured Lending, Inc.4.45%$0.5655.08%
NEWTPNewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B4.44%$1.0244.14%
PFCPremier Financial Corp.4.43%$1.2468.07%
BFCBank First Corporation4.40%$5.3073.82%
DUKDuke Energy Corporation4.40%$5.1780.55%
0L77.LSkyworks Solutions, Inc.4.37%$2.7990.67%
ESCAEscalade, Incorporated4.35%$0.6065.28%
DINOHF Sinclair Corporation4.34%$2.0396.43%
LBAILakeland Bancorp, Inc.4.34%$0.5844.96%
CVXChevron Corporation4.32%$6.7495.36%
CVBFCVB Financial Corp.4.31%$0.8154.32%
HTBKHeritage Commerce Corp4.30%$0.5273.66%
EQREquity Residential4.28%$2.6689.76%