Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

The Nature Holdings Co., Ltd. (298540.KQ)

Company Dividend Discount ModelIndustry: Apparel - Footwear & AccessoriesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$11,356.33 - $23,294.15$15,931.63
Multi-Stage$53,891.64 - $59,509.59$56,644.40
Blended Fair Value$36,288.02
Current Price$9,950.00
Upside264.70%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS0.00%0.00%431.35402.11201.05201.050.000.000.000.000.000.00
YoY Growth--7.27%100.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--4.79%2.55%0.72%0.58%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)9,867.06
(-) Cash Dividends Paid (M)7,556.21
(=) Cash Retained (M)2,310.85
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,973.411,233.38740.03
Cash Retained (M)2,310.852,310.852,310.85
(-) Cash Required (M)-1,973.41-1,233.38-740.03
(=) Excess Retained (M)337.441,077.471,570.82
(/) Shares Outstanding (M)14.4714.4714.47
(=) Excess Retained per Share23.3274.47108.57
LTM Dividend per Share522.25522.25522.25
(+) Excess Retained per Share23.3274.47108.57
(=) Adjusted Dividend545.57596.72630.82
WACC / Discount Rate2.71%2.71%2.71%
Growth Rate-2.00%-1.00%0.00%
Fair Value$11,356.33$15,931.63$23,294.15
Upside / Downside14.13%60.12%134.11%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)9,867.069,768.399,670.709,574.009,478.269,383.479,664.98
Payout Ratio76.58%79.26%81.95%84.63%87.32%90.00%92.50%
Projected Dividends (M)7,556.217,742.837,924.968,102.678,276.048,445.138,940.10

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.71%2.71%2.71%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)7,462.537,538.687,614.82
Year 2 PV (M)7,361.567,512.567,665.09
Year 3 PV (M)7,254.167,478.507,707.42
Year 4 PV (M)7,141.147,437.117,742.18
Year 5 PV (M)7,023.257,388.967,769.76
PV of Terminal Value (M)743,488.56782,203.74822,515.17
Equity Value (M)779,731.20819,559.55861,014.44
Shares Outstanding (M)14.4714.4714.47
Fair Value$53,891.64$56,644.40$59,509.59
Upside / Downside441.62%469.29%498.09%

High-Yield Dividend Screener

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