Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

DB Securities Co., Ltd. (016610.KS)

Company Dividend Discount ModelIndustry: Financial - Capital MarketsSector: Financial Services

Valuation Snapshot

Stable Growth$44,663.83 - $261,877.00$82,467.94
Multi-Stage$33,224.46 - $36,392.91$34,779.31
Blended Fair Value$58,623.63
Current Price$8,290.00
Upside607.16%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-4.69%31.92%212.27181.93527.11321.61270.23269.94116.0713.3013.30116.07
YoY Growth--16.68%-65.49%63.90%19.02%0.11%132.57%772.93%0.00%-88.54%772.93%
Dividend Yield--3.98%4.34%13.13%4.81%4.47%8.95%2.38%0.32%0.37%2.96%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)53,641.90
(-) Cash Dividends Paid (M)16,222.35
(=) Cash Retained (M)37,419.55
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)10,728.386,705.244,023.14
Cash Retained (M)37,419.5537,419.5537,419.55
(-) Cash Required (M)-10,728.38-6,705.24-4,023.14
(=) Excess Retained (M)26,691.1730,714.3133,396.41
(/) Shares Outstanding (M)40.3140.3140.31
(=) Excess Retained per Share662.13761.93828.46
LTM Dividend per Share402.43402.43402.43
(+) Excess Retained per Share662.13761.93828.46
(=) Adjusted Dividend1,064.551,164.361,230.89
WACC / Discount Rate6.86%6.86%6.86%
Growth Rate4.38%5.38%6.38%
Fair Value$44,663.83$82,467.94$261,877.00
Upside / Downside438.77%894.79%3,058.95%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)53,641.9056,526.2359,565.6462,768.4966,143.5669,700.1071,791.10
Payout Ratio30.24%42.19%54.15%66.10%78.05%90.00%92.50%
Projected Dividends (M)16,222.3523,850.4232,251.9141,487.9551,623.9862,730.0966,406.77

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.86%6.86%6.86%
Growth Rate4.38%5.38%6.38%
Year 1 PV (M)22,106.5222,318.3122,530.11
Year 2 PV (M)27,707.9328,241.3928,779.94
Year 3 PV (M)33,036.5533,995.2134,972.24
Year 4 PV (M)38,102.0639,583.3541,107.42
Year 5 PV (M)42,913.8245,009.3047,185.85
PV of Terminal Value (M)1,175,452.691,232,850.041,292,467.98
Equity Value (M)1,339,319.561,401,997.601,467,043.54
Shares Outstanding (M)40.3140.3140.31
Fair Value$33,224.46$34,779.31$36,392.91
Upside / Downside300.78%319.53%339.00%

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%