Dividend Discount Models Snapshot
| Model | Range | Selected |
|---|---|---|
| Stable Growth DDM | $133.25 - $243.43 | $178.02 |
| Multi-Stage DDM | $100.63 - $110.15 | $105.30 |
| Blended Fair Value | $141.66 | |
| Stock Price | $259.51 | |
Dividend History (Last 10 Years)
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| DPS | 1.028 | 0.989 | 0.950 | 0.909 | 0.858 | 0.803 | 0.759 | 0.686 | 0.608 | 0.552 |
| YoY % | 3.95% | 4.05% | 4.53% | 5.97% | 6.78% | 5.80% | 10.75% | 12.79% | 10.07% | 10.69% |
| Yield | 0.40% | 0.38% | 0.37% | 0.35% | 0.33% | 0.31% | 0.29% | 0.26% | 0.23% | 0.21% |
| CAGR | Value |
|---|---|
| 5 Year | 5.05% |
| 10 Year | 7.49% |
Discounted Dividend Model - Stable Growth
| Metric | Range | Selected |
|---|---|---|
| LT Growth | 3.56% to 5.56% | 4.56% |
| WACC | 9.00% | 9.00% |
| Fair Value | $133.25 - $243.43 | $178.02 |
Calculation Details (Millions)
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| Required Retention Ratio | 20.0% | 12.5% | 7.5% |
| (*) Adjusted Net Income | 112,010.00 | 112,010.00 | 112,010.00 |
| (=) Cash Required | 22,402.00 | 14,001.25 | 8,400.75 |
| (=) Excess Retained per Share | 5.97 | 6.53 | 6.91 |
| LTM Dividend per Share | 1.028 | 1.028 | 1.028 |
| (=) Adjusted Dividend | 7.000 | 7.560 | 7.933 |
Multi-Stage Projections (BASE Case - Millions)
| Metric | TTM | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|---|
| Net Income | 112,010.00 | 117,117.64 | 122,458.18 | 128,042.25 | 133,880.96 | 139,985.90 |
| Projected Dividends | 15,421.00 | 29,279.41 | 50,207.85 | 72,984.08 | 97,733.10 | 125,987.31 |
Multi-Stage Valuation (Millions)
| Present Values | LOW | BASE | HIGH |
|---|---|---|---|
| Year 1 PV | 27,776.37 | 28,044.59 | 28,312.80 |
| Year 2 PV | 43,279.76 | 44,119.63 | 44,967.58 |
| Year 3 PV | 57,166.46 | 58,838.54 | 60,542.92 |
| Year 4 PV | 69,559.23 | 72,285.12 | 75,090.35 |
| Year 5 PV | 81,477.91 | 85,488.48 | 89,655.43 |
| TV PV | 1,230,657.40 | 1,291,233.65 | 1,354,172.13 |
| Equity Value | 1,509,917.14 | 1,580,010.01 | 1,652,741.22 |
| Fair Value | $100.63 | $105.30 | $110.15 |
Top Dividend Stocks
| Ticker | Company Name | Yield % | DPS | Payout % |
|---|---|---|---|---|
| 032560.KS | 032560.KS | 3.18% | $186.82 | 16.67% |
| 036800.KQ | 036800.KQ | 3.18% | $810.09 | 15.68% |
| 0E9V.L | 0E9V.L | 3.18% | $1.19 | 15.28% |
| 0OG6.L | 0OG6.L | 3.18% | $2.31 | 23.47% |
| BISI.JK | BISI.JK | 3.18% | $28.00 | 58.11% |
| ESSITY-A.ST | ESSITY-A.ST | 3.18% | $8.31 | 46.35% |
| WDP.BR | WDP.BR | 3.18% | $0.70 | 43.49% |
| 002030.KS | 002030.KS | 3.17% | $10,332.56 | 36.76% |
| 002532.SZ | 002532.SZ | 3.17% | $0.51 | 50.09% |
| 012280.KS | 012280.KS | 3.17% | $30.08 | 12.47% |
| 0QOB.L | 0QOB.L | 3.17% | $5.31 | 38.94% |
| 0RV0.L | 0RV0.L | 3.17% | $3.15 | 42.92% |
| 8174.T | 8174.T | 3.17% | $94.14 | 80.69% |
| PTMP.JK | PTMP.JK | 3.17% | $2.66 | 77.22% |
| QGTS.QA | QGTS.QA | 3.17% | $0.14 | 47.21% |
| YKBNK.IS | YKBNK.IS | 3.17% | $1.21 | 22.97% |
| 003200.KS | 003200.KS | 3.16% | $378.11 | 31.94% |
| 092730.KQ | 092730.KQ | 3.16% | $600.63 | 33.76% |
| EALT3.SA | EALT3.SA | 3.16% | $0.46 | 9.60% |
| 028670.KS | 028670.KS | 3.15% | $119.62 | 21.90% |
| 1508.HK | 1508.HK | 3.15% | $0.06 | 11.64% |
| 2945.TW | 2945.TW | 3.15% | $1.20 | 58.50% |
| 3167.T | 3167.T | 3.15% | $34.09 | 42.72% |
| ACLN.SW | ACLN.SW | 3.15% | $1.94 | 53.11% |
| ALWEC.PA | ALWEC.PA | 3.15% | $0.77 | 11.96% |
| PWH.AX | PWH.AX | 3.15% | $0.25 | 72.35% |
| 603115.SS | 603115.SS | 3.14% | $0.59 | 70.53% |
| 603730.SS | 603730.SS | 3.14% | $0.27 | 94.69% |
| 6459.T | 6459.T | 3.14% | $49.90 | 46.32% |
| 7849.T | 7849.T | 3.14% | $119.62 | 31.71% |
| KDH.BK | KDH.BK | 3.14% | $2.54 | 32.51% |
| OISHI.BK | OISHI.BK | 3.14% | $1.60 | 48.61% |
| TAALA.HE | TAALA.HE | 3.14% | $0.24 | 33.28% |
| WIE.VI | WIE.VI | 3.14% | $0.95 | 55.36% |
| 2645.TW | 2645.TW | 3.13% | $4.49 | 85.07% |
| 4561.TWO | 4561.TWO | 3.13% | $1.01 | 96.50% |
| 601330.SS | 601330.SS | 3.13% | $0.21 | 41.43% |
| 603939.SS | 603939.SS | 3.13% | $0.68 | 50.18% |
| 6287.T | 6287.T | 3.13% | $75.18 | 34.02% |
| EUCA3.SA | EUCA3.SA | 3.13% | $0.65 | 21.57% |
| MAIRE.MI | MAIRE.MI | 3.13% | $0.41 | 57.25% |
| MI-UN.TO | MI-UN.TO | 3.13% | $0.43 | 35.25% |
| 100120.KQ | 100120.KQ | 3.12% | $614.24 | 27.04% |
| 601200.SS | 601200.SS | 3.12% | $0.25 | 56.81% |
| 9611.SR | 9611.SR | 3.12% | $1.00 | 25.86% |
| 000933.SZ | 000933.SZ | 3.11% | $0.85 | 44.77% |
| 2402.TW | 2402.TW | 3.11% | $1.97 | 78.30% |
| 600352.SS | 600352.SS | 3.11% | $0.33 | 52.01% |
| 600529.SS | 600529.SS | 3.11% | $0.62 | 53.78% |
| 6416.TW | 6416.TW | 3.11% | $2.80 | 67.49% |