Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

CENTRAL REIT Investment Corporation (3488.T)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$317,099.81 - $858,173.69$487,887.21
Multi-Stage$327,939.07 - $358,845.06$343,105.58
Blended Fair Value$415,496.39
Current Price$119,500.00
Upside247.70%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20252024202320222021202020192018
DPS5.40%0.00%7,054.486,465.027,283.616,077.905,504.375,422.885,550.290.000.000.00
YoY Growth--9.12%-11.24%19.84%10.42%1.50%-2.30%0.00%0.00%0.00%0.00%
Dividend Yield--5.90%5.57%6.27%4.82%4.74%6.28%4.16%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,390.63
(-) Cash Dividends Paid (M)2,444.02
(=) Cash Retained (M)946.61
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)678.13423.83254.30
Cash Retained (M)946.61946.61946.61
(-) Cash Required (M)-678.13-423.83-254.30
(=) Excess Retained (M)268.49522.78692.31
(/) Shares Outstanding (M)0.250.250.25
(=) Excess Retained per Share1,075.452,094.062,773.14
LTM Dividend per Share9,789.779,789.779,789.77
(+) Excess Retained per Share1,075.452,094.062,773.14
(=) Adjusted Dividend10,865.2111,883.8312,562.90
WACC / Discount Rate6.94%6.94%6.94%
Growth Rate3.40%4.40%5.40%
Fair Value$317,099.81$487,887.21$858,173.69
Upside / Downside165.36%308.27%618.14%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,390.633,539.873,695.683,858.344,028.174,205.474,331.64
Payout Ratio72.08%75.67%79.25%82.83%86.42%90.00%92.50%
Projected Dividends (M)2,444.022,678.452,928.783,195.973,481.003,784.924,006.76

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.94%6.94%6.94%
Growth Rate3.40%4.40%5.40%
Year 1 PV (M)2,480.532,504.522,528.51
Year 2 PV (M)2,511.942,560.772,610.06
Year 3 PV (M)2,538.562,612.922,688.73
Year 4 PV (M)2,560.652,661.152,764.58
Year 5 PV (M)2,578.492,705.602,837.69
PV of Terminal Value (M)69,199.8372,611.3576,156.11
Equity Value (M)81,869.9985,656.3189,585.67
Shares Outstanding (M)0.250.250.25
Fair Value$327,939.07$343,105.58$358,845.06
Upside / Downside174.43%187.12%200.29%

High-Yield Dividend Screener

« Prev Page 104 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AVIO.MIAvio S.p.A.0.80%$0.2489.27%
DSOL.SGWisdomTree Solana0.80%$0.1219.79%
FLOB.BRFloridienne S.A.0.80%$5.0025.39%
GIGANTE.MXGrupo Gigante, S. A. B. de C. V.0.80%$0.2512.46%
MTC-R.BKMuangthai Capital Public Company Limited0.80%$0.258.48%
002606.SZDalian Insulator Group Co., Ltd0.79%$0.0717.61%
014620.KQSung Kwang Bend Co.,Ltd.0.79%$200.0215.66%
017370.KSWooshin Systems Co., Ltd.0.79%$49.692.66%
300701.SZSenba Sensing Technology Co.,Ltd.0.79%$0.1045.41%
300847.SZHG Technologies Co., Ltd.0.79%$0.1435.02%
301591.SZNanjing Comptech Composites Corp0.79%$0.3237.44%
5306.KLFarm Fresh Berhad0.79%$0.0233.34%
600339.SSChina Petroleum Engineering Corporation0.79%$0.0328.23%
601086.SSGansu Guofang Industry & Trade (Group) Co., Ltd.0.79%$0.0863.39%
603161.SSKehua Holdings Co., Ltd.0.79%$0.1122.02%
603606.SSNingbo Orient Wires & Cables Co.,Ltd.0.79%$0.4732.61%
605033.SSShaanxi Meibang Pharmaceutical Group Co., Ltd.0.79%$0.1672.35%
6463.TTPR Co., Ltd.0.79%$10.256.48%
DANR.MIDanieli & C. Officine Meccaniche S.p.A.0.79%$0.298.39%
GILLETTE.BOGillette India Limited0.79%$65.0036.90%
PAASPan American Silver Corp.0.79%$0.4023.99%
PDSL.BOPDS Limited0.79%$2.9238.22%
SNI.OLStolt-Nielsen Limited0.79%$2.5235.09%
002334.SZShenzhen INVT Electric Co.,Ltd0.78%$0.0720.17%
004140.KSDongbang Transport Logistics Co., Ltd.0.78%$20.037.69%
011070.KSLG Innotek Co., Ltd.0.78%$2,091.9017.12%
2276.HKShanghai Conant Optical Co., Ltd.0.78%$0.4222.72%
229640.KSLS Eco Energy Ltd.0.78%$278.8820.95%
300545.SZShenzhen Liande Automation Equipment co.,ltd.0.78%$0.2430.89%
300922.SZQinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.0.78%$0.1866.08%
301011.SZGuangZhou Wahlap Technology Corporation Limited0.78%$0.2037.38%
3659.TNEXON Co., Ltd.0.78%$29.7521.18%
600360.SSJilin Sino-Microelectronics Co., Ltd.0.78%$0.0634.13%
605167.SSJiangsu Libert Inc.0.78%$0.1326.15%
6736.TSun Corporation0.78%$70.057.32%
688097.SSBOZHON Precision Industry Technology Co.,Ltd0.78%$0.2927.43%
688257.SSShareate Tools Ltd.0.78%$0.2731.76%
9766.TKonami Group Corporation0.78%$165.3826.44%
BBAR.BABanco BBVA Argentina S.A.0.78%$73.3713.95%
CUV.AXClinuvel Pharmaceuticals Limited0.78%$0.106.93%
NSIS-B.CONovozymes A/S0.78%$3.0889.95%
R3NK.BERENK Group AG0.78%$0.4241.42%
VIRP.PAVirbac S.A.0.78%$2.778.47%
002078.SZShandong Sunpaper Co., Ltd.0.77%$0.1210.77%
002225.SZPuyang Refractories Group Co., Ltd.0.77%$0.0446.81%
030610.KSKyobo Securities Co ., Ltd0.77%$72.256.71%
036200.KQUNISEM Co., Ltd.0.77%$80.0020.75%
300863.SZNingbo KBE Electrical Technology Co.,Ltd.0.77%$0.3942.01%
301498.SZGambol Pet Group Co., Ltd.0.77%$0.5030.03%
600577.SSTongling Jingda Special Magnet Wire Co., Ltd.0.77%$0.1034.21%