Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Sung Kwang Bend Co.,Ltd. (014620.KQ)

Company Dividend Discount ModelIndustry: Manufacturing - Metal FabricationSector: Industrials

Valuation Snapshot

Stable Growth$16,508.30 - $28,713.35$21,735.02
Multi-Stage$28,178.82 - $30,992.93$29,558.69
Blended Fair Value$25,646.86
Current Price$32,800.00
Upside-21.81%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.11%-0.24%157.75105.17105.17105.17105.1785.22105.17157.75157.75158.89
YoY Growth--50.00%0.00%0.00%0.00%23.41%-18.97%-33.33%0.00%-0.71%-1.64%
Dividend Yield--0.65%0.94%0.85%1.20%1.28%1.67%0.95%1.37%1.50%1.35%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)33,908.02
(-) Cash Dividends Paid (M)5,311.47
(=) Cash Retained (M)28,596.55
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6,781.604,238.502,543.10
Cash Retained (M)28,596.5528,596.5528,596.55
(-) Cash Required (M)-6,781.60-4,238.50-2,543.10
(=) Excess Retained (M)21,814.9424,358.0426,053.45
(/) Shares Outstanding (M)26.5626.5626.56
(=) Excess Retained per Share821.45917.22981.06
LTM Dividend per Share200.01200.01200.01
(+) Excess Retained per Share821.45917.22981.06
(=) Adjusted Dividend1,021.461,117.221,181.06
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate0.39%1.39%2.39%
Fair Value$16,508.30$21,735.02$28,713.35
Upside / Downside-49.67%-33.73%-12.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)33,908.0234,377.8634,854.2135,337.1635,826.8136,323.2337,412.93
Payout Ratio15.66%30.53%45.40%60.27%75.13%90.00%92.50%
Projected Dividends (M)5,311.4710,496.0715,823.3321,296.2026,917.7132,690.9134,606.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate0.39%1.39%2.39%
Year 1 PV (M)9,749.379,846.499,943.61
Year 2 PV (M)13,652.0513,925.3914,201.45
Year 3 PV (M)17,066.8017,581.9318,107.33
Year 4 PV (M)20,037.2420,847.6621,682.42
Year 5 PV (M)22,603.5623,752.0524,946.75
PV of Terminal Value (M)665,221.84699,021.89734,182.10
Equity Value (M)748,330.85784,975.42823,063.66
Shares Outstanding (M)26.5626.5626.56
Fair Value$28,178.82$29,558.69$30,992.93
Upside / Downside-14.09%-9.88%-5.51%

High-Yield Dividend Screener

Page 1 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ARDCAres Dynamic Credit Allocation Fund, Inc.19.91%$2.6577.10%
JGHNuveen Global High Income Fund19.71%$2.4870.08%
BSLBlackstone / GSO Senior Floating Rate Term Fund19.66%$2.6595.83%
RGTRoyce Global Value Trust, Inc.19.58%$2.5637.89%
AIKIAIkido Pharma Inc.19.55%$0.7010.85%
PFNPIMCO Income Strategy Fund II19.43%$1.4672.85%
JLSNuveen Mortgage and Income Fund19.40%$3.5384.31%
ACVVirtus Diversified Income & Convertible Fund19.28%$5.0772.66%
BGBBlackstone/GSO Strategic Credit Fund19.19%$2.2686.72%
PHKPIMCO High Income Fund19.11%$0.9386.61%
DTWDTE Energy Company JR SUB DB 2017 E19.03%$4.0887.19%
EMDWestern Asset Emerging Markets Debt Fund Inc.18.84%$2.0378.17%
SR-PASpire Inc.18.76%$4.5498.60%
SRVNXG Cushing Midstream Energy Fund18.74%$7.5366.75%
CIKCredit Suisse Asset Management Income Fund, Inc.18.41%$0.5282.82%
DHYCredit Suisse High Yield Bond Fund, Inc.18.39%$0.3788.67%
MNRMach Natural Resources LP18.30%$2.0689.28%
PFLPIMCO Income Strategy Fund18.22%$1.5484.57%
EADWells Fargo Advantage Funds - Allspring Income Opportunities Fund18.08%$1.2352.27%
SPESpecial Opportunities Fund, Inc.18.03%$2.6644.19%
AIFApollo Tactical Income Fund Inc.17.93%$2.6660.44%
GABThe Gabelli Equity Trust Inc.17.77%$1.0881.70%
HPFJohn Hancock Preferred Income Fund II17.73%$2.8678.50%
MPVBarings Participation Investors17.65%$2.9395.78%
GBABGuggenheim Taxable Municipal Bond & Investment Grade Debt Trust17.43%$2.5974.37%
TEITempleton Emerging Markets Income Fund17.42%$1.1464.65%
ISDPGIM High Yield Bond Fund, Inc.17.40%$2.5296.64%
HIXWestern Asset High Income Fund II Inc.17.39%$0.7396.11%
NXGNXG NextGen Infrastructure Income Fund17.31%$8.7983.58%
HPIJohn Hancock Preferred Income Fund17.11%$2.7976.40%
RCSPIMCO Strategic Income Fund, Inc.17.08%$1.0075.51%
DUKBDuke Energy Corporation 5.625%16.95%$4.1965.28%
FGBFirst Trust Specialty Finance and Financial Opportunities Fund16.75%$0.7050.91%
RQICohen & Steers Quality Income Realty Fund, Inc.16.75%$1.9287.08%
FPFFirst Trust Intermediate Duration Preferred & Income Fund16.57%$3.0970.83%
EVVEaton Vance Limited Duration Income Fund16.43%$1.6364.70%
AIZNAssurant, Inc. 5.25% Subordinat16.41%$3.2219.47%
NMLNeuberger Berman MLP and Energy Income Fund Inc.16.37%$1.4040.22%
PGPPIMCO Global StocksPLUS & Income Fund16.31%$1.5060.66%
CHWCalamos Global Dynamic Income Fund16.07%$1.2066.54%
BGYBlackRock Enhanced International Dividend Trust15.99%$0.9499.21%
GABBXGabelli Dividend Growth AAA15.98%$2.8540.22%
BDJBlackRock Enhanced Equity Dividend Trust15.90%$1.4972.30%
DSLDoubleLine Income Solutions Fund15.85%$1.7854.50%
PDTJohn Hancock Premium Dividend Fund15.76%$2.0162.66%
TSQTownsquare Media, Inc.15.55%$0.7970.58%
EODWells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund15.39%$0.9052.51%
LGILazard Global Total Return and Income Fund, Inc.15.37%$2.6882.52%
BSTZBlackRock Science and Technology Trust II15.35%$3.5465.39%
FPIFarmland Partners Inc.15.34%$1.4893.00%