Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ISU Petasys Co., Ltd. (007660.KS)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$339,376.26 - $400,009.58$374,790.11
Multi-Stage$224,180.28 - $246,585.61$235,168.92
Blended Fair Value$304,979.52
Current Price$71,300.00
Upside327.74%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.84%4.51%95.0595.050.000.0035.8641.8341.4459.7753.8947.90
YoY Growth--0.00%0.00%0.00%-100.00%-14.29%0.95%-30.66%10.91%12.50%-21.63%
Dividend Yield--0.27%0.24%0.00%0.00%1.23%1.76%0.88%1.85%1.36%1.02%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)136,783.79
(-) Cash Dividends Paid (M)9,486.96
(=) Cash Retained (M)127,296.83
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)27,356.7617,097.9710,258.78
Cash Retained (M)127,296.83127,296.83127,296.83
(-) Cash Required (M)-27,356.76-17,097.97-10,258.78
(=) Excess Retained (M)99,940.07110,198.86117,038.05
(/) Shares Outstanding (M)66.5466.5466.54
(=) Excess Retained per Share1,501.921,656.091,758.87
LTM Dividend per Share142.57142.57142.57
(+) Excess Retained per Share1,501.921,656.091,758.87
(=) Adjusted Dividend1,644.491,798.661,901.45
WACC / Discount Rate1.01%1.01%1.01%
Growth Rate3.19%4.19%5.19%
Fair Value$339,376.26$374,790.11$400,009.58
Upside / Downside375.98%425.65%461.02%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)136,783.79142,509.12148,474.09154,688.74161,163.51167,909.30172,946.58
Payout Ratio6.94%23.55%40.16%56.77%73.39%90.00%92.50%
Projected Dividends (M)9,486.9633,558.8959,629.3487,823.44118,273.30151,118.37159,975.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.01%1.01%1.01%
Growth Rate3.19%4.19%5.19%
Year 1 PV (M)32,904.7433,223.6333,542.52
Year 2 PV (M)57,327.3458,443.8759,571.17
Year 3 PV (M)82,787.1985,217.5387,694.97
Year 4 PV (M)109,317.65113,617.36118,042.68
Year 5 PV (M)136,953.05143,719.17150,750.12
PV of Terminal Value (M)14,498,002.1315,214,271.4415,958,574.75
Equity Value (M)14,917,292.1015,648,493.0016,408,176.20
Shares Outstanding (M)66.5466.5466.54
Fair Value$224,180.28$235,168.92$246,585.61
Upside / Downside214.42%229.83%245.84%

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