Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Dawn Corp. (2303.T)

Company Dividend Discount ModelIndustry: Software - ApplicationSector: Technology

Valuation Snapshot

Stable Growth$2,650.70 - $6,125.28$3,876.79
Multi-Stage$1,854.76 - $2,027.77$1,939.69
Blended Fair Value$2,908.24
Current Price$2,451.00
Upside18.66%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202520242023202220212020
DPS20.73%0.00%20.0316.2214.5912.5110.417.810.000.000.000.00
YoY Growth--23.53%11.16%16.60%20.22%33.23%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.82%0.80%0.75%0.68%0.00%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)391.61
(-) Cash Dividends Paid (M)30.61
(=) Cash Retained (M)361.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)78.3248.9529.37
Cash Retained (M)361.00361.00361.00
(-) Cash Required (M)-78.32-48.95-29.37
(=) Excess Retained (M)282.68312.05331.63
(/) Shares Outstanding (M)3.063.063.06
(=) Excess Retained per Share92.50102.11108.52
LTM Dividend per Share10.0210.0210.02
(+) Excess Retained per Share92.50102.11108.52
(=) Adjusted Dividend102.52112.13118.54
WACC / Discount Rate9.58%9.58%9.58%
Growth Rate5.50%6.50%7.50%
Fair Value$2,650.70$3,876.79$6,125.28
Upside / Downside8.15%58.17%149.91%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)391.61417.07444.18473.05503.80536.54552.64
Payout Ratio7.82%24.25%40.69%57.13%73.56%90.00%92.50%
Projected Dividends (M)30.61101.15180.73270.24370.61482.89511.19

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.58%9.58%9.58%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)91.4492.3193.17
Year 2 PV (M)147.70150.51153.35
Year 3 PV (M)199.64205.37211.21
Year 4 PV (M)247.51257.03266.82
Year 5 PV (M)291.54305.62320.24
PV of Terminal Value (M)4,690.114,916.645,151.85
Equity Value (M)5,667.955,927.496,196.65
Shares Outstanding (M)3.063.063.06
Fair Value$1,854.76$1,939.69$2,027.77
Upside / Downside-24.33%-20.86%-17.27%

High-Yield Dividend Screener

« Prev Page 11 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
THFFFirst Financial Corporation3.32%$1.9831.67%
IRDMIridium Communications Inc.3.31%$0.5949.66%
PDCOPatterson Companies, Inc.3.31%$1.0466.64%
0HRZ.LCoterra Energy Inc.3.30%$0.8840.64%
ACIAlbertsons Companies, Inc.3.30%$0.5733.33%
KDPKeurig Dr Pepper Inc.3.30%$0.9278.89%
SPBSpectrum Brands Holdings, Inc.3.30%$1.9848.25%
0IUX.LGenuine Parts Company3.29%$4.0569.77%
BGBunge Global S.A.3.29%$3.0531.37%
HDGCXThe Hartford Dividend and Growth Fund Class C3.29%$1.0820.58%
PSBDPalmer Square Capital BDC Inc.3.29%$0.4090.32%
LIENChicago Atlantic BDC, Inc.3.28%$0.3423.50%
REXRRexford Industrial Realty, Inc.3.28%$1.2890.14%
CVCYCentral Valley Community Bancorp3.27%$0.5832.80%
F-PDFord Motor Company 6.500% Notes3.27%$0.7463.45%
FSBWFS Bancorp, Inc.3.27%$1.3331.78%
TRNOTerreno Realty Corporation3.27%$1.9362.02%
0I1P.LComerica Incorporated3.26%$2.8252.30%
ALEXAlexander & Baldwin, Inc.3.26%$0.6766.95%
BRXBrixmor Property Group Inc.3.26%$0.8578.30%
AGM-PCFederal Agricultural Mortgage Corporation3.24%$7.8539.89%
HTOH2O America3.24%$1.6052.08%
WECWEC Energy Group, Inc.3.24%$3.4566.21%
XOMExxon Mobil Corporation3.24%$3.9857.54%
SCLStepan Company3.22%$1.5276.82%
HBTHBT Financial, Inc.3.21%$0.8333.20%
KALUKaiser Aluminum Corporation3.21%$3.8670.13%
SMPStandard Motor Products, Inc.3.20%$1.1838.74%
0QZA.LConocoPhillips3.19%$3.0943.65%
PAGPenske Automotive Group, Inc.3.18%$5.0435.22%
CRBGCorebridge Financial, Inc.3.17%$0.9652.57%
EDConsolidated Edison, Inc.3.17%$3.1756.36%
LARKLandmark Bancorp, Inc.3.17%$0.8238.75%
NBPU.LNB Private Equity Partners Limited3.17%$0.6770.20%
PFBCPreferred Bank3.16%$3.0329.67%
HNIHNI Corporation3.15%$1.3444.63%
RBBRBB Bancorp3.15%$0.6443.45%
FGF&G Annuities & Life, Inc.3.14%$0.9428.23%
NBHCNational Bank Holdings Corporation3.14%$1.1937.27%
0KZA.LSM Energy Company3.13%$0.609.44%
CBUCommunity Bank System, Inc.3.13%$1.8246.85%
DTEDTE Energy Company3.13%$4.0887.19%
RNSTRenasant Corporation3.13%$1.1148.14%
BSRRSierra Bancorp3.11%$1.0134.68%
FCFFirst Commonwealth Financial Corporation3.11%$0.5238.19%
PNCThe PNC Financial Services Group, Inc.3.11%$6.5739.89%
PRKPark National Corporation3.11%$4.8044.20%
GEFGreif, Inc.3.10%$2.1212.04%
0QAH.LMerck & Co., Inc.3.09%$3.2542.60%
BANRBanner Corporation3.09%$1.9335.15%