Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Nissin Electric Co., Ltd. (6641.T)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$6,958.20 - $20,374.77$19,085.93
Multi-Stage$9,895.20 - $10,907.74$10,391.57
Blended Fair Value$14,738.75
Current Price$1,259.00
Upside1,070.67%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2022202120202019201820172016201520142013
DPS9.09%13.02%33.9931.9932.9933.9930.0022.0014.0012.0010.999.99
YoY Growth--6.26%-3.03%-2.95%13.32%36.37%57.15%16.69%9.11%10.02%0.00%
Dividend Yield--2.23%2.28%3.15%2.84%2.94%1.85%0.93%1.38%1.65%1.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)11,451.00
(-) Cash Dividends Paid (M)907.00
(=) Cash Retained (M)10,544.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,290.201,431.38858.83
Cash Retained (M)10,544.0010,544.0010,544.00
(-) Cash Required (M)-2,290.20-1,431.38-858.83
(=) Excess Retained (M)8,253.809,112.639,685.18
(/) Shares Outstanding (M)106.87106.87106.87
(=) Excess Retained per Share77.2385.2690.62
LTM Dividend per Share8.498.498.49
(+) Excess Retained per Share77.2385.2690.62
(=) Adjusted Dividend85.7293.7599.11
WACC / Discount Rate2.03%2.03%2.03%
Growth Rate0.79%1.79%2.79%
Fair Value$6,958.20$19,085.93$20,374.77
Upside / Downside452.68%1,415.96%1,518.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)11,451.0011,655.9911,864.6612,077.0612,293.2612,513.3312,888.73
Payout Ratio7.92%24.34%40.75%57.17%73.58%90.00%92.50%
Projected Dividends (M)907.002,836.674,835.146,904.259,045.8911,262.0011,922.08

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.03%2.03%2.03%
Growth Rate0.79%1.79%2.79%
Year 1 PV (M)2,752.872,780.182,807.49
Year 2 PV (M)4,553.684,644.494,736.19
Year 3 PV (M)6,310.256,499.956,693.40
Year 4 PV (M)8,023.418,346.608,679.45
Year 5 PV (M)9,693.9310,184.4610,694.66
PV of Terminal Value (M)1,026,209.961,078,138.451,132,148.13
Equity Value (M)1,057,544.101,110,594.121,165,759.33
Shares Outstanding (M)106.87106.87106.87
Fair Value$9,895.20$10,391.57$10,907.74
Upside / Downside685.96%725.38%766.38%

High-Yield Dividend Screener

Page 1 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ATOM3.SAAtom Empreendimentos e Participações S.A.19.90%$0.5871.92%
3698.HKHuishang Bank Corporation Limited19.56%$0.6428.80%
SVAV.MESollers Public Joint Stock Company19.34%$110.6440.44%
0536.HKTradelink Electronic Commerce Limited19.33%$0.2086.09%
3658.HKNew Hope Service Holdings Limited19.28%$0.3766.51%
0123.HKYuexiu Property Company Limited19.19%$0.7790.88%
0N7I.LCairo Communication S.p.A.19.19%$0.3654.94%
1798.HKChina Datang Corporation Renewable Power Co., Limited19.01%$0.4063.00%
LBS.TOLife & Banc Split Corp.19.00%$2.2540.31%
HMSB.DEH & M Hennes & Mauritz AB (publ)18.98%$3.2647.98%
0608.HKHigh Fashion International Limited18.79%$0.3150.08%
0U8N.LCredicorp Ltd.18.72%$53.8266.14%
CAASChina Automotive Systems, Inc.18.61%$0.8072.30%
KRSB.MEPJSC Krasnoyarskenergosbyt18.38%$4.0782.55%
1127.HKLion Rock Group Limited18.37%$0.2547.23%
HAVAS.ASHavas S.A.18.35%$3.1490.23%
1480.HKYan Tat Group Holdings Limited18.33%$0.2249.33%
NA-PC.TONational Bank of Canada18.32%$4.9348.59%
1412.HKQ P Group Holdings Limited18.24%$0.2973.74%
FVJ.FFortescue Metals Group Limited18.16%$2.2776.64%
YATO.MCAtom Hoteles SOCIMI, S.A.18.06%$2.8568.99%
0327.HKPAX Global Technology Limited17.98%$0.9261.66%
1MO.FHello Group Inc.17.92%$1.0440.52%
PIN.BKPinthong Industrial Park Public Company Limited17.92%$0.7680.79%
1883.HKCITIC Telecom International Holdings Limited17.86%$0.4487.51%
6896.HKGolden Throat Holdings Group Company Limited17.79%$0.5576.14%
VOT.WAVotum S.A.17.65%$8.1559.83%
ALTUR.PAAltur Investissement SCA, SCR17.58%$1.9337.11%
O7F1.FOdfjell SE17.55%$1.7873.02%
2219.HKChaoju Eye Care Holdings Limited17.38%$0.4784.16%
001390.KSKG Chemical Corporation17.24%$884.5197.69%
2360.HKBest Mart 360 Holdings Limited17.23%$0.3582.20%
ALSAS.PAStradim Espace Finances S.A.17.16%$0.8055.65%
9615.SRMufeed Company17.11%$5.3935.54%
LPPF.JKPT Matahari Department Store Tbk17.09%$300.0082.85%
0LNT.LFugro N.V.17.06%$1.5239.50%
0458.HKTristate Holdings Limited17.02%$0.3133.15%
2283.HKTK Group (Holdings) Limited16.99%$0.4372.10%
1263.HKPC Partner Group Limited16.85%$0.9063.10%
2603.TWEvergreen Marine Corporation (Taiwan) Ltd.16.83%$32.4977.53%
ALHRG.PAHerige16.78%$3.6697.55%
TD-PFJ.TOThe Toronto-Dominion Bank NCUM 5Y PFD SR1816.67%$4.3836.07%
S7MB.BESecuritas AB (publ)16.59%$2.2523.09%
1184.HKS.A.S. Dragon Holdings Limited16.56%$0.7552.32%
PBR-APetróleo Brasileiro S.A. - Petrobras16.54%$1.8786.52%
VRLA.PAVerallia S.A.16.47%$3.8397.79%
6668.HKE-Star Commercial Management Company Limited16.42%$0.2372.71%
0098.HKXingfa Aluminium Holdings Limited16.13%$1.1729.94%
ING.AXInghams Group Limited16.09%$0.4179.67%
1234.HKChina Lilang Limited16.04%$0.5466.61%