Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hyundai Green Food Co.,Ltd. (005440.KS)

Company Dividend Discount ModelIndustry: Food DistributionSector: Consumer Defensive

Valuation Snapshot

Stable Growth$75,755.53 - $187,617.84$113,359.18
Multi-Stage$52,313.21 - $57,179.29$54,702.04
Blended Fair Value$84,030.61
Current Price$8,030.00
Upside946.46%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS24.50%33.44%501.25121.97125.07133.80141.52167.5970.6440.4739.8333.59
YoY Growth--310.96%-2.48%-6.52%-5.45%-15.56%137.25%74.54%1.61%18.57%20.01%
Dividend Yield--9.77%2.78%2.89%1.49%1.34%2.55%0.50%0.29%0.25%0.17%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)533,853.33
(-) Cash Dividends Paid (M)78,211.24
(=) Cash Retained (M)455,642.08
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)106,770.6766,731.6740,039.00
Cash Retained (M)455,642.08455,642.08455,642.08
(-) Cash Required (M)-106,770.67-66,731.67-40,039.00
(=) Excess Retained (M)348,871.42388,910.42415,603.08
(/) Shares Outstanding (M)155.91155.91155.91
(=) Excess Retained per Share2,237.582,494.382,665.58
LTM Dividend per Share501.63501.63501.63
(+) Excess Retained per Share2,237.582,494.382,665.58
(=) Adjusted Dividend2,739.212,996.013,167.21
WACC / Discount Rate9.31%9.31%9.31%
Growth Rate5.50%6.50%7.50%
Fair Value$75,755.53$113,359.18$187,617.84
Upside / Downside843.41%1,311.70%2,236.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)533,853.33568,553.79605,509.79644,867.92686,784.34731,425.32753,368.08
Payout Ratio14.65%29.72%44.79%59.86%74.93%90.00%92.50%
Projected Dividends (M)78,211.24168,975.66271,209.01386,018.78514,607.95658,282.79696,865.48

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.31%9.31%9.31%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)153,125.79154,577.21156,028.64
Year 2 PV (M)222,716.54226,958.66231,240.81
Year 3 PV (M)287,263.83295,510.15303,912.78
Year 4 PV (M)347,034.93360,380.91374,108.18
Year 5 PV (M)402,284.57421,715.06441,889.21
PV of Terminal Value (M)6,743,962.967,069,698.897,407,901.50
Equity Value (M)8,156,388.608,528,840.888,915,081.12
Shares Outstanding (M)155.91155.91155.91
Fair Value$52,313.21$54,702.04$57,179.29
Upside / Downside551.47%581.22%612.07%

High-Yield Dividend Screener

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