Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Korean Air Lines Co., Ltd. (003490.KS)

Company Dividend Discount ModelIndustry: Airlines, Airports & Air ServicesSector: Industrials

Valuation Snapshot

Stable Growth$379,085.71 - $508,421.58$476,465.47
Multi-Stage$85,523.47 - $93,669.92$89,521.58
Blended Fair Value$282,993.53
Current Price$22,750.00
Upside1,143.93%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS61.60%34.78%750.30760.6512.3049.02164.4968.09181.9790.6762.9337.91
YoY Growth---1.36%6,085.63%-74.91%-70.20%141.57%-62.58%100.70%44.08%66.00%-0.03%
Dividend Yield--3.52%3.45%0.05%0.16%0.60%0.54%0.82%0.40%0.29%0.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)948,002.04
(-) Cash Dividends Paid (M)281,569.10
(=) Cash Retained (M)666,432.94
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)189,600.41118,500.2571,100.15
Cash Retained (M)666,432.94666,432.94666,432.94
(-) Cash Required (M)-189,600.41-118,500.25-71,100.15
(=) Excess Retained (M)476,832.54547,932.69595,332.79
(/) Shares Outstanding (M)370.82370.82370.82
(=) Excess Retained per Share1,285.881,477.621,605.44
LTM Dividend per Share759.31759.31759.31
(+) Excess Retained per Share1,285.881,477.621,605.44
(=) Adjusted Dividend2,045.192,236.932,364.75
WACC / Discount Rate6.07%6.07%6.07%
Growth Rate5.50%6.50%7.50%
Fair Value$379,085.71$476,465.47$508,421.58
Upside / Downside1,566.31%1,994.35%2,134.82%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)948,002.041,009,622.171,075,247.611,145,138.711,219,572.721,298,844.951,337,810.30
Payout Ratio29.70%41.76%53.82%65.88%77.94%90.00%92.50%
Projected Dividends (M)281,569.10421,628.86578,706.76754,423.42950,538.191,168,960.461,237,474.53

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.07%6.07%6.07%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)393,771.22397,503.65401,236.08
Year 2 PV (M)504,761.07514,375.35524,080.33
Year 3 PV (M)614,548.40632,189.88650,165.78
Year 4 PV (M)723,142.94750,952.98779,557.53
Year 5 PV (M)830,554.32870,670.41912,321.83
PV of Terminal Value (M)28,647,206.8630,030,877.6631,467,504.80
Equity Value (M)31,713,984.8233,196,569.9334,734,866.35
Shares Outstanding (M)370.82370.82370.82
Fair Value$85,523.47$89,521.58$93,669.92
Upside / Downside275.93%293.50%311.74%

High-Yield Dividend Screener

« Prev Page 76 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
DR.TOMedical Facilities Corporation1.80%$0.287.21%
PINE3.SABanco Pine S.A.1.80%$0.2316.47%
SVED-B.STSvedbergs i Dalstorp AB (publ)1.80%$1.2532.77%
002296.SZHeNan Splendor Science & Technology Co., Ltd.1.79%$0.2025.74%
002349.SZJinghua Pharmaceutical Group Co., Ltd.1.79%$0.1347.07%
002841.SZGuangzhou Shiyuan Electronic Technology Company Limited1.79%$0.7153.65%
007690.KSKukdo Chemical Co., Ltd.1.79%$569.7119.70%
010690.KSHWASHIN CO.,Ltd1.79%$145.8913.31%
049770.KSDongwon F&B Co., Ltd.1.79%$800.0312.97%
1836.HKStella International Holdings Limited1.79%$0.2778.00%
5ML.SIOld Chang Kee Ltd.1.79%$0.0221.40%
603456.SSZhejiang Jiuzhou Pharmaceutical Co., Ltd1.79%$0.3239.16%
6245.THIRANO TECSEED Co.,Ltd.1.79%$29.9248.19%
9999.HKNetEase, Inc.1.79%$4.1136.47%
EFK.WAKorporacja Gospodarcza Efekt S.A.1.79%$0.103.27%
IFSH.JKPT Ifishdeco Tbk1.79%$14.6252.99%
WGSH.JKPT Wira Global Solusi Tbk1.79%$5.0059.74%
001060.KSJW Pharmaceutical Corporation1.78%$458.4617.63%
001332.SZWuxi Chemical Equipment Co., Ltd.1.78%$1.0044.53%
002312.SZSichuan Development Lomon Co., Ltd.1.78%$0.1967.49%
002900.KSTYM Corporation1.78%$112.2711.09%
003018.SZJinFu Technology Co., Ltd.1.78%$0.3168.11%
003023.SZChengdu Rainbow Appliance (Group) Shares Co., Ltd.1.78%$0.4051.85%
004490.KSSebang Global Battery Co., Ltd.1.78%$1,112.7311.15%
0KFH.LRevenio Group Oyj1.78%$0.4058.60%
1357.HKMeitu, Inc.1.78%$0.1344.58%
300610.SZYangzhou Chenhua New Material Co., Ltd.1.78%$0.2163.13%
3543.TKOMEDA Holdings Co., Ltd.1.78%$54.0341.58%
5450.TWONam Liong Global Corporation1.78%$0.2545.91%
600458.SSZhuzhou Times New Material Technology Co., Ltd.1.78%$0.2437.98%
603037.SSShanghai Carthane Co.,Ltd.1.78%$0.2678.70%
603876.SSJiangsu Dingsheng New Material Joint-Stock Co.,Ltd1.78%$0.2764.69%
603916.SSSobute New Materials Co., Ltd1.78%$0.1762.46%
6167.TFuji Die Co.,Ltd.1.78%$15.9369.67%
6981.TMurata Manufacturing Co., Ltd.1.78%$57.8845.13%
FLEXD.LSFlexdeal Simfe S.A.1.78%$0.0938.33%
MIKA.JKPT Mitra Keluarga Karyasehat Tbk1.78%$43.0046.34%
SARKY.ISSarkuysan Elektrolitik Bakir Sanayi ve Ticaret A.S.1.78%$0.3353.78%
002249.SZZhongshan Broad-Ocean Motor Co., Ltd.1.77%$0.1944.29%
012330.KSHyundai Mobis Co.,Ltd1.77%$6,540.9013.98%
111770.KSYoungone Corporation1.77%$1,406.1316.14%
2754.TTokatsu Holdings Co.,Ltd.1.77%$14.3118.28%
600236.SSGuangxi Guiguan Electric PowerCo.,Ltd.1.77%$0.1442.95%
603605.SSProya Cosmetics Co.,Ltd.1.77%$1.2130.20%
603759.SSHaitian Water Group Co.,Ltd1.77%$0.1932.54%
688076.SSSinopep-Allsino Bio Pharmaceutical Co.,Ltd.1.77%$0.6742.24%
8015.TToyota Tsusho Corporation1.77%$93.3828.94%
9722.TFujita Kanko Inc.1.77%$46.655.91%
9962.TMISUMI Group Inc.1.77%$43.3636.74%
ADORFO.BOAdor Fontech Limited1.77%$2.5238.55%