Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

TRE Holdings Corporation (9247.T)

Company Dividend Discount ModelIndustry: Waste ManagementSector: Industrials

Valuation Snapshot

Stable Growth$56,142.50 - $66,145.37$61,987.90
Multi-Stage$15,458.26 - $16,954.55$16,192.50
Blended Fair Value$39,090.20
Current Price$1,555.00
Upside2,413.84%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS34.71%0.00%41.8342.1546.9516.9413.149.4311.859.638.706.22
YoY Growth---0.77%-10.23%177.23%28.88%39.40%-20.44%23.06%10.67%39.94%0.00%
Dividend Yield--3.06%3.29%3.79%0.90%0.81%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)16,476.00
(-) Cash Dividends Paid (M)522.00
(=) Cash Retained (M)15,954.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,295.202,059.501,235.70
Cash Retained (M)15,954.0015,954.0015,954.00
(-) Cash Required (M)-3,295.20-2,059.50-1,235.70
(=) Excess Retained (M)12,658.8013,894.5014,718.30
(/) Shares Outstanding (M)49.5449.5449.54
(=) Excess Retained per Share255.54280.49297.12
LTM Dividend per Share10.5410.5410.54
(+) Excess Retained per Share255.54280.49297.12
(=) Adjusted Dividend266.08291.02307.65
WACC / Discount Rate5.21%5.21%5.21%
Growth Rate5.50%6.50%7.50%
Fair Value$56,142.50$61,987.90$66,145.37
Upside / Downside3,510.45%3,886.36%4,153.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)16,476.0017,546.9418,687.4919,902.1821,195.8222,573.5523,250.75
Payout Ratio3.17%20.53%37.90%55.27%72.63%90.00%92.50%
Projected Dividends (M)522.003,603.197,082.7410,999.4015,395.3020,316.1921,506.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.21%5.21%5.21%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)3,392.573,424.733,456.89
Year 2 PV (M)6,278.916,398.516,519.23
Year 3 PV (M)9,181.089,444.649,713.19
Year 4 PV (M)12,099.1512,564.4513,043.04
Year 5 PV (M)15,033.1815,759.2816,513.18
PV of Terminal Value (M)719,776.10754,541.56790,637.57
Equity Value (M)765,761.00802,133.17839,883.10
Shares Outstanding (M)49.5449.5449.54
Fair Value$15,458.26$16,192.50$16,954.55
Upside / Downside894.10%941.32%990.32%

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%