Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Japan Hotel REIT Investment Corporation (8985.T)

Company Dividend Discount ModelIndustry: REIT - Hotel & MotelSector: Real Estate

Valuation Snapshot

Stable Growth$173,614.43 - $425,209.55$258,873.15
Multi-Stage$163,686.27 - $179,388.46$171,391.04
Blended Fair Value$215,132.09
Current Price$76,100.00
Upside182.70%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.18%10.65%2,871.52625.87335.94376.693,382.823,205.933,034.582,642.951,921.751,235.82
YoY Growth--358.81%86.30%-10.82%-88.86%5.52%5.65%14.82%37.53%55.50%18.40%
Dividend Yield--4.07%0.90%0.43%0.67%6.38%3.95%3.87%3.50%2.44%1.38%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)39,274.15
(-) Cash Dividends Paid (M)6,987.86
(=) Cash Retained (M)32,286.29
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7,854.834,909.272,945.56
Cash Retained (M)32,286.2932,286.2932,286.29
(-) Cash Required (M)-7,854.83-4,909.27-2,945.56
(=) Excess Retained (M)24,431.4627,377.0229,340.73
(/) Shares Outstanding (M)4.874.874.87
(=) Excess Retained per Share5,020.785,626.116,029.66
LTM Dividend per Share1,436.041,436.041,436.04
(+) Excess Retained per Share5,020.785,626.116,029.66
(=) Adjusted Dividend6,456.827,062.157,465.70
WACC / Discount Rate7.51%7.51%7.51%
Growth Rate3.66%4.66%5.66%
Fair Value$173,614.43$258,873.15$425,209.55
Upside / Downside128.14%240.17%458.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)39,274.1541,103.7543,018.5945,022.6247,120.0249,315.1350,794.58
Payout Ratio17.79%32.23%46.68%61.12%75.56%90.00%92.50%
Projected Dividends (M)6,987.8613,249.3920,079.1427,516.4835,603.1844,383.6146,984.99

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.51%7.51%7.51%
Growth Rate3.66%4.66%5.66%
Year 1 PV (M)12,205.7012,323.4412,441.19
Year 2 PV (M)17,040.3617,370.7217,704.26
Year 3 PV (M)21,512.6122,141.2422,781.99
Year 4 PV (M)25,642.2426,646.1327,679.23
Year 5 PV (M)29,448.0530,896.1532,400.68
PV of Terminal Value (M)690,659.58724,622.75759,909.08
Equity Value (M)796,508.53834,000.44872,916.42
Shares Outstanding (M)4.874.874.87
Fair Value$163,686.27$171,391.04$179,388.46
Upside / Downside115.09%125.22%135.73%

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%