Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Incheon City Gas Co., Ltd. (034590.KS)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$35,419.37 - $52,395.76$43,541.42
Multi-Stage$50,331.37 - $55,183.54$52,711.31
Blended Fair Value$48,126.36
Current Price$26,050.00
Upside84.75%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.96%1,250.441,250.441,250.441,250.441,250.441,250.441,250.441,250.441,250.441,250.44
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%9.99%
Dividend Yield--5.12%4.93%4.72%4.70%4.85%5.32%4.28%4.18%4.14%4.27%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)18,059.72
(-) Cash Dividends Paid (M)5,152.50
(=) Cash Retained (M)12,907.22
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,611.942,257.461,354.48
Cash Retained (M)12,907.2212,907.2212,907.22
(-) Cash Required (M)-3,611.94-2,257.46-1,354.48
(=) Excess Retained (M)9,295.2710,649.7511,552.74
(/) Shares Outstanding (M)4.124.124.12
(=) Excess Retained per Share2,255.832,584.542,803.69
LTM Dividend per Share1,250.441,250.441,250.44
(+) Excess Retained per Share2,255.832,584.542,803.69
(=) Adjusted Dividend3,506.273,834.984,054.12
WACC / Discount Rate9.54%9.54%9.54%
Growth Rate-0.33%0.67%1.67%
Fair Value$35,419.37$43,541.42$52,395.76
Upside / Downside35.97%67.15%101.14%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)18,059.7218,181.4518,304.0118,427.3918,551.6118,676.6619,236.96
Payout Ratio28.53%40.82%53.12%65.41%77.71%90.00%92.50%
Projected Dividends (M)5,152.507,422.459,722.7612,053.7514,415.7216,808.9917,794.19

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.54%9.54%9.54%
Growth Rate-0.33%0.67%1.67%
Year 1 PV (M)6,708.646,775.956,843.25
Year 2 PV (M)7,942.638,102.808,264.57
Year 3 PV (M)8,899.899,170.459,446.45
Year 4 PV (M)9,620.2510,012.1610,415.93
Year 5 PV (M)10,138.6210,657.5211,197.44
PV of Terminal Value (M)164,083.11172,480.92181,219.10
Equity Value (M)207,393.14217,199.80227,386.75
Shares Outstanding (M)4.124.124.12
Fair Value$50,331.37$52,711.31$55,183.54
Upside / Downside93.21%102.35%111.84%

High-Yield Dividend Screener

« Prev Page 94 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AKVA.OLAKVA group ASA1.13%$1.0021.19%
CPCanadian Pacific Kansas City Ltd.1.13%$0.8418.03%
000698.SZShenyang Chemical Industry Co., Ltd.1.12%$0.0431.22%
000887.SZAnhui Zhongding Sealing Parts Co., Ltd.1.12%$0.2622.74%
002019.SZYifan Pharmaceutical Co., Ltd.1.12%$0.1339.99%
002489.SZYotrio Group Co., Ltd.1.12%$0.0414.30%
002545.SZQingdao East Steel Tower Stock Co.Ltd1.12%$0.2127.84%
002876.SZShenzhen Sunnypol Optoelectronics Co.,Ltd.1.12%$0.2796.20%
1133.HKHarbin Electric Company Limited1.12%$0.2013.64%
2081.SRAlkhorayef Water & Power Technologies1.12%$1.5020.25%
300014.SZEVE Energy Co., Ltd.1.12%$0.7443.77%
600452.SSChongqing Fuling Electric Power Industrial Co., Ltd.1.12%$0.1141.35%
600498.SSFiberhome Telecommunication Technologies Co., Ltd.1.12%$0.3651.86%
603290.SSStarPower Semiconductor Ltd.1.12%$1.0855.22%
603379.SSZhejiang Sanmei Chemical Industry Co., Ltd.1.12%$0.6823.00%
688077.SSEarth-Panda Advanced Magnetic Material Co.,Ltd.1.12%$0.3480.86%
688113.SSJiangsu Liance Electromechanical Technology Co., Ltd.1.12%$0.4427.68%
9697.TCapcom Co., Ltd.1.12%$40.8030.63%
JLJ-Long Group Limited1.12%$0.0710.02%
MREI.JKPT Maskapai Reasuransi Indonesia Tbk1.12%$13.567.63%
RRRP3.SA3R Petroleum Óleo e Gás S.A.1.12%$0.205.90%
RSGK.JKPT Kedoya Adyaraya Tbk1.12%$11.0030.42%
TKBP.SWThurgauer Kantonalbank1.12%$1.8211.49%
001203.SZInner Mongolia Dazhong Mining Co., Ltd.1.11%$0.3473.27%
002928.SZChina Express Airlines Co.,LTD1.11%$0.1226.84%
002971.SZHubei Heyuan Gas Co.,Ltd.1.11%$0.3396.40%
052690.KSKEPCO Engineering & Construction Company, Inc.1.11%$998.7236.59%
0QJY.LSchaffner Holding AG1.11%$5.5222.35%
0ROQ.LComet Holding AG1.11%$2.5034.42%
0Y4Q.LWillis Towers Watson Public Limited Company1.11%$3.5816.92%
600817.SSYutong Heavy Industries Co.,Ltd.1.11%$0.1323.44%
601127.SSSeres Group Co.,Ltd.1.11%$1.3530.47%
603228.SSShenzhen Kinwong Electronic Co., Ltd.1.11%$0.8162.37%
6742.KLYTL Power International Berhad1.11%$0.0413.90%
6920.TLasertec Corporation1.11%$328.9731.31%
FERGFerguson plc1.11%$2.4925.04%
FRAS3.SAFras-le S.A.1.11%$0.2720.45%
WTN.AXWinton Land Limited1.11%$0.032.57%
002559.SZJiangsu Yawei Machine Tool Co., Ltd.1.10%$0.1180.31%
002891.SZYantai China Pet Foods Co., Ltd.1.10%$0.5740.72%
002901.SZDouble Medical Technology Inc.1.10%$0.5239.26%
002922.SZEaglerise Electric & Electronic (China) Co., Ltd1.10%$0.3452.70%
012610.KSKyungin Synthetic Co., Ltd.1.10%$54.9429.75%
300735.SZDBG Technology Co., Ltd.1.10%$0.2764.53%
301135.SZGuangdong Real-Design Intelligent Technology Co., Ltd1.10%$0.3176.35%
5272.KLRanhill Utilities Berhad1.10%$0.0233.57%
600597.SSBright Dairy & Food Co.,Ltd1.10%$0.0917.78%
6445.TJANOME Corporation1.10%$12.7626.30%
688230.SSShanghai Prisemi Electronics Co.,Ltd.1.10%$0.8091.66%
688551.SSHefei Kewell Power System Co.,Ltd.1.10%$0.4168.90%