Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Industrial Bank of Korea (024110.KS)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$562,517.10 - $662,740.45$621,084.86
Multi-Stage$233,807.93 - $256,430.26$244,908.66
Blended Fair Value$432,996.76
Current Price$19,460.00
Upside2,125.06%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.91%11.95%968.781,125.39929.29613.98610.43632.19612.48473.63456.02425.26
YoY Growth---13.92%21.10%51.36%0.58%-3.44%3.22%29.32%3.86%7.23%35.73%
Dividend Yield--6.81%8.46%9.20%5.66%6.66%8.43%4.27%3.09%3.74%3.47%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,702,818.00
(-) Cash Dividends Paid (M)986,410.00
(=) Cash Retained (M)1,716,408.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)540,563.60337,852.25202,711.35
Cash Retained (M)1,716,408.001,716,408.001,716,408.00
(-) Cash Required (M)-540,563.60-337,852.25-202,711.35
(=) Excess Retained (M)1,175,844.401,378,555.751,513,696.65
(/) Shares Outstanding (M)811.06811.06811.06
(=) Excess Retained per Share1,449.761,699.691,866.32
LTM Dividend per Share1,216.201,216.201,216.20
(+) Excess Retained per Share1,449.761,699.691,866.32
(=) Adjusted Dividend2,665.962,915.893,082.51
WACC / Discount Rate4.50%4.50%4.50%
Growth Rate5.50%6.50%7.50%
Fair Value$562,517.10$621,084.86$662,740.45
Upside / Downside2,790.63%3,091.60%3,305.65%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,702,818.002,878,501.173,065,603.753,264,867.993,477,084.413,703,094.903,814,187.74
Payout Ratio36.50%47.20%57.90%68.60%79.30%90.00%92.50%
Projected Dividends (M)986,410.001,358,551.531,774,903.882,239,642.152,757,297.433,332,785.413,528,123.66

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.50%4.50%4.50%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,287,843.941,300,050.991,312,258.04
Year 2 PV (M)1,594,957.381,625,336.841,656,002.89
Year 3 PV (M)1,907,831.421,962,598.412,018,403.60
Year 4 PV (M)2,226,548.212,312,174.972,400,248.03
Year 5 PV (M)2,551,190.922,674,414.392,802,353.92
PV of Terminal Value (M)180,064,122.91188,761,287.38197,791,312.80
Equity Value (M)189,632,494.78198,635,862.97207,980,579.28
Shares Outstanding (M)811.06811.06811.06
Fair Value$233,807.93$244,908.66$256,430.26
Upside / Downside1,101.48%1,158.52%1,217.73%

High-Yield Dividend Screener

« Prev Page 91 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
9104.TMitsui O.S.K. Lines, Ltd.1.23%$57.816.75%
BATR.JKBenteng Api Technic Tbk.1.23%$1.4036.27%
PAAL-B.COPer Aarsleff Holding A/S1.23%$10.7225.18%
000715.SZZhongxing Shenyang Commercial Building Group Co.,Ltd1.22%$0.0836.61%
002130.SZShenZhen Woer Heat-Shrinkable Material Co.,Ltd.1.22%$0.3239.58%
0133.HKChina Merchants China Direct Investments Limited1.22%$0.1914.27%
0564.HKZCZL Industrial Technology Group Company Limited Class H1.22%$0.2610.61%
0GMG.LAddnode Group AB (publ)1.22%$1.1440.63%
2376.HKLushang Life Services Co., Ltd.1.22%$0.036.51%
300251.SZBeijing Enlight Media Co., Ltd.1.22%$0.2026.99%
300263.SZLonghua Technology Group Co.,Ltd.1.22%$0.1161.13%
301132.SZJi'an Mankun Technology Co., Ltd.1.22%$0.4144.02%
600983.SSWhirlpool China Co., Ltd.1.22%$0.1219.14%
601799.SSChangzhou Xingyu Automotive Lighting Systems Co.,Ltd.1.22%$1.5027.12%
TFBANK.STTF Bank AB (publ)1.22%$1.9717.64%
TOTS3.SATotvs S.a.1.22%$0.5036.80%
003017.SZZhejiang Dayang Biology Technology Co.,Ltd.1.21%$0.3632.30%
003028.SZGenbyte Technology Inc.1.21%$0.3635.28%
086450.KQDongKook Pharmaceutical Co., Ltd.1.21%$206.6315.20%
300003.SZLepu Medical Technology (Beijing) Co., Ltd.1.21%$0.1983.02%
3648.TAGS Corporation1.21%$15.9116.60%
3687.TFixstars Corporation1.21%$18.9128.89%
600222.SSHenan Taloph Pharmaceutical Stock Co.,Ltd1.21%$0.0893.49%
600378.SSHaohua Chemical Science & Technology Corp., Ltd.1.21%$0.3934.67%
600575.SSHuaihe Energy (Group) Co.,Ltd1.21%$0.0420.84%
601101.SSBeijing Haohua Energy Resource Co., Ltd.1.21%$0.0926.44%
601198.SSDongxing Securities Corporation Limited1.21%$0.1724.60%
6944.TWOMega Union Technology Inc.1.21%$8.4522.42%
ERFEnerplus Corporation1.21%$0.2412.97%
GYLD-A.COGyldendal A/S1.21%$20.0044.02%
002007.SZHualan Biological Engineering Inc.1.20%$0.1835.04%
002140.KSKorea Industrial Co., Ltd.1.20%$30.037.91%
002185.SZTianshui Huatian Technology Co., Ltd.1.20%$0.1353.46%
002273.SZZhejiang Crystal-Optech Co., Ltd1.20%$0.3036.00%
002315.SZFocus Technology Co., Ltd.1.20%$0.5534.23%
002516.SZKuangda Technology Group Co., Ltd.1.20%$0.0865.15%
002534.SZXizi Clean Energy Equipment Manufacturing Co.,ltd.1.20%$0.2087.30%
0425.HKMinth Group Limited1.20%$0.409.99%
2630.TWAir Asia Co., Ltd.1.20%$0.6260.94%
2802.TAjinomoto Co., Inc.1.20%$39.9250.21%
300562.SZGuangdong Transtek Medical Electronics Co., Ltd1.20%$0.1645.17%
603680.SSKTK Group Co., Ltd.1.20%$0.1828.61%
6078.HKHygeia Healthcare Holdings Co., Limited1.20%$0.158.82%
BYGGP.STByggPartner Gruppen AB (publ)1.20%$0.5021.08%
GFH.AEGFH Financial Group BSC1.20%$0.0377.14%
NDA.DEAurubis AG1.20%$1.5112.24%
002171.SZAnhui Truchum Advanced Materials and Technology Co., Ltd.1.19%$0.1642.58%
002241.SZGoertek Inc.1.19%$0.3440.79%
002752.SZSunrise Group Company Limited1.19%$0.0826.12%
002893.SZBeijing Jingneng Thermal Co. Ltd. Class A1.19%$0.1342.82%