Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

i-Scream Media Co. Ltd. (461300.KQ)

Company Dividend Discount ModelIndustry: Software - ApplicationSector: Technology

Valuation Snapshot

Stable Growth$17,288.65 - $24,848.52$20,981.38
Multi-Stage$28,469.44 - $31,228.53$29,822.43
Blended Fair Value$25,401.90
Current Price$20,750.00
Upside22.42%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202018201720152014
DPS0.00%0.00%0.000.000.000.000.000.000.000.000.000.00
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.00%0.00%0.00%0.00%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)31,459.77
(-) Cash Dividends Paid (M)13,953.28
(=) Cash Retained (M)17,506.50
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6,291.953,932.472,359.48
Cash Retained (M)17,506.5017,506.5017,506.50
(-) Cash Required (M)-6,291.95-3,932.47-2,359.48
(=) Excess Retained (M)11,214.5413,574.0215,147.01
(/) Shares Outstanding (M)12.7812.7812.78
(=) Excess Retained per Share877.781,062.461,185.58
LTM Dividend per Share1,092.151,092.151,092.15
(+) Excess Retained per Share877.781,062.461,185.58
(=) Adjusted Dividend1,969.932,154.612,277.73
WACC / Discount Rate9.17%9.17%9.17%
Growth Rate-2.00%-1.00%0.00%
Fair Value$17,288.65$20,981.38$24,848.52
Upside / Downside-16.68%1.12%19.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)31,459.7731,145.1730,833.7230,525.3930,220.1329,917.9330,815.47
Payout Ratio44.35%53.48%62.61%71.74%80.87%90.00%92.50%
Projected Dividends (M)13,953.2816,657.1319,305.5021,899.2524,439.1926,926.1428,504.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.17%9.17%9.17%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)15,104.3415,258.4615,412.59
Year 2 PV (M)15,873.9316,199.5416,528.46
Year 3 PV (M)16,328.0416,833.0017,348.26
Year 4 PV (M)16,523.1717,207.9717,913.85
Year 5 PV (M)16,507.5317,367.1218,262.15
PV of Terminal Value (M)283,388.62298,145.32313,510.45
Equity Value (M)363,725.63381,011.42398,975.75
Shares Outstanding (M)12.7812.7812.78
Fair Value$28,469.44$29,822.43$31,228.53
Upside / Downside37.20%43.72%50.50%

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