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 78 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688625.SSGCH Technology Co., Ltd.1.73%$0.7135.67%
ATCO-A.STAtlas Copco AB1.73%$2.9051.19%
KAZT.MEPJSC KuibyshevAzot1.73%$7.209.57%
PROT.OLProtector Forsikring ASA1.73%$9.0232.47%
018260.KSSamsung SDS Co.,Ltd.1.72%$3,013.9430.15%
029460.KSKC Co., Ltd.1.72%$456.826.78%
3308.HKGolden Eagle Retail Group Limited1.72%$0.129.52%
403870.KQHPSP Co., Ltd.1.72%$593.5058.19%
688128.SSChina National Electric Apparatus Research Institute Co., Ltd.1.72%$0.5038.48%
9516.SRNatural Gas Distribution Company1.72%$0.5031.24%
AMRT.JKPT Sumber Alfaria Trijaya Tbk1.72%$34.1146.22%
CENTEL-R.BKCentral Plaza Hotel Public Company Limited1.72%$0.5947.25%
EMP-A.TOEmpire Company Limited1.72%$0.8327.46%
LSNG.MEPublic Joint stock company Rosseti Lenenergo1.72%$0.267.85%
MAD.AXMader Group Limited1.72%$0.1328.01%
RUSTA.STRusta AB (publ)1.72%$1.4547.44%
000655.SZShandong Jinling Mining Co., Ltd.1.71%$0.1635.18%
002166.SZGuilin Layn Natural Ingredients Corp.1.71%$0.1479.28%
009140.KSKyungin Electronics Co., Ltd1.71%$350.0224.51%
009290.KSKwang Dong Pharmaceutical Co., Ltd.1.71%$100.1413.46%
300196.SZJiangsu Changhai Composite Materials Co., Ltd1.71%$0.2530.44%
300973.SZLigao Foods Co.Ltd1.71%$0.7340.03%
4144.SRRaoom Trading Co.1.71%$1.1283.18%
601801.SSAnhui Xinhua Media Co., Ltd.1.71%$0.1125.98%
688358.SSChison Medical Technologies Co., Ltd.1.71%$0.5142.24%
CAMBI.OLCambi ASA1.71%$0.3030.04%
ICOS.MIIntercos S.p.A.1.71%$0.1937.87%
MZX.DEMasterflex SE1.71%$0.2428.96%
SKIS-B.STSkiStar AB (publ)1.71%$2.8039.71%
000990.KSDB HiTek Co. Ltd.1.70%$1,253.0620.53%
001207.SZShandong Link Science and Technology Co.,Ltd.1.70%$0.4327.93%
002593.SZXiamen Sunrise Group Co., Ltd.1.70%$0.1081.27%
300218.SZAnhui Anli Material Technology Co., Ltd.1.70%$0.2835.78%
300509.SZJiangsu Newamstar Packaging Machinery Co.,Ltd1.70%$0.2266.41%
300999.SZYihai Kerry Arawana Holdings Co., Ltd1.70%$0.4969.28%
301665.SZCAC Nantong Chemical Co Ltd1.70%$0.4846.18%
600004.SSGuangzhou Baiyun International Airport Co., Ltd.1.70%$0.1628.12%
600279.SSChongqing Port Co.,Ltd.1.70%$0.0921.95%
601512.SSChina-Singapore Suzhou Industrial Park Development Group Co., Ltd.1.70%$0.1528.77%
603612.SSSunstone Development Co., Ltd.1.70%$0.4027.82%
000905.SZXiamen Port Development Co., Ltd.1.69%$0.2279.86%
000949.SZXinxiang Chemical Fiber Co., Ltd.1.69%$0.0986.02%
600814.SSHangzhou Jiebai Group Co., Limited1.69%$0.1451.31%
688772.SSZhuhai CosMX Battery Co., Ltd.1.69%$0.3674.20%
7631.TWOGenii Ideas Co., Ltd.1.69%$2.1647.81%
BFT.WABenefit Systems S.A.1.69%$60.5337.69%
CJT.TOCargojet Inc.1.69%$1.4517.55%
002243.SZShenzhen Leaguer Co., Ltd.1.68%$0.1788.79%
161890.KSKolmar Korea Co., Ltd.1.68%$1,095.5022.79%
300041.SZHubei Huitian New Materials Co., Ltd.1.68%$0.1968.24%