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$272,751.46 - $624,875.51$397,776.75
Multi-Stage$285,390.81 - $312,041.87$298,470.47
Blended Fair Value$348,123.61
Current Price$119,500.00
Upside191.32%
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 Rate7.52%7.52%7.52%
Growth Rate3.40%4.40%5.40%
Fair Value$272,751.46$397,776.75$624,875.51
Upside / Downside128.24%232.87%422.91%

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 Rate7.52%7.52%7.52%
Growth Rate3.40%4.40%5.40%
Year 1 PV (M)2,467.242,491.102,514.96
Year 2 PV (M)2,485.102,533.402,582.16
Year 3 PV (M)2,497.972,571.152,645.74
Year 4 PV (M)2,506.212,604.572,705.81
Year 5 PV (M)2,510.152,633.902,762.48
PV of Terminal Value (M)58,781.1561,679.0464,690.10
Equity Value (M)71,247.8274,513.1577,901.25
Shares Outstanding (M)0.250.250.25
Fair Value$285,390.81$298,470.47$312,041.87
Upside / Downside138.82%149.77%161.12%

High-Yield Dividend Screener

« Prev Page 110 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002339.SZIntegrated Electronic Systems Lab Co., Ltd.0.62%$0.0659.84%
002671.SZShandong Longquan Pipeline Engineering Co.,LTD0.62%$0.0317.06%
039840.KQDIO Corporation0.62%$104.1627.01%
077970.KSSTX Engine Co.,Ltd.0.62%$206.6116.12%
241590.KSHwaseung Enterprise Co., Ltd.0.62%$31.1750.06%
300100.SZNingbo Shuanglin Auto Parts Co.,Ltd.0.62%$0.2518.34%
300347.SZHangzhou Tigermed Consulting Co., Ltd.0.62%$0.3549.79%
300909.SZShenzhen Hui Chuang Da Technology Co., Ltd.0.62%$0.3062.13%
300926.SZJiangsu Bojun Industrial Technology Co., Ltd0.62%$0.2010.12%
3128.TWOHi Sharp Electronics Co., Ltd.0.62%$0.1811.90%
600429.SSBeijing Sanyuan Foods Co., Ltd.0.62%$0.0325.51%
600782.SSXinyu Iron & Steel Co., Ltd0.62%$0.027.85%
600857.SSNingbo Zhongbai Co., Ltd.0.62%$0.0950.22%
603696.SSAnji Foodstuff Co., Ltd0.62%$0.1373.51%
688101.SSSuntar Environmental Technology Co., Ltd.0.62%$0.108.44%
688300.SSNovoray Corporation0.62%$0.3932.51%
688395.SSShenzhen Sine Electric Co.,Ltd.0.62%$0.1535.48%
7013.TIHI Corporation0.62%$17.2014.09%
9025.TKonoike Transport Co., Ltd.0.62%$20.478.73%
000025.SZShenzhen Tellus Holding Co., Ltd.0.61%$0.1130.16%
002940.SZZhejiang AngLiKang Pharmaceutical CO.,LTD.0.61%$0.2137.21%
0QLQ.LYpsomed Holding AG0.61%$2.0031.20%
1784.TWOBIONET Corp.0.61%$0.6447.49%
300332.SZTop Resource Energy Co., Ltd. Class A0.61%$0.0330.72%
300816.SZActBlue Co., Ltd.0.61%$0.2931.83%
600161.SSBeijing Tiantan Biological Products Co., Ltd.0.61%$0.1014.98%
603015.SSNingbo Techmation Co.,Ltd.0.61%$0.0866.24%
605198.SSYantai North Andre Juice Co.,Ltd.0.61%$0.2322.16%
7723.TAichi Tokei Denki Co., Ltd.0.61%$16.436.48%
AHRNAhren Acquisition Corp.0.61%$0.0610.79%
CPLPCapital Product Partners L.P.0.61%$0.116.01%
000099.SZCITIC Offshore Helicopter Co., Ltd.0.60%$0.1327.49%
000807.SZYunnan Aluminium Co., Ltd.0.60%$0.2013.68%
001222.SZWenzhou Yuanfei pet toy products Co., Ltd.0.60%$0.1415.30%
002050.SZZhejiang Sanhua Intelligent Controls Co.,Ltd0.60%$0.3334.64%
002161.SZInvengo Information Technology Co., Ltd0.60%$0.0429.57%
002472.SZZhejiang Shuanghuan Driveline Co., Ltd.0.60%$0.2920.47%
002765.SZLandai Technology Group Corp., Ltd.0.60%$0.0827.22%
010120.KSLS ELECTRIC Co., Ltd.0.60%$2,945.8832.90%
017550.KSSoosan Cebotics Co., Ltd.0.60%$10.025.13%
039440.KQSTI Co., Ltd.0.60%$199.0111.65%
2782.TSeria Co., Ltd.0.60%$21.017.80%
300124.SZShenzhen Inovance Technology Co.,Ltd0.60%$0.4523.25%
300702.SZZhejiang Tianyu Pharmaceutical Co., Ltd.0.60%$0.1425.44%
336570.KQWON TECH Co.,Ltd.0.60%$49.8011.16%
3673.TBroadleaf Co., Ltd.0.60%$4.4038.38%
6442.TWEZconn Corporation0.60%$8.3444.18%
688557.SSBlueSword Intelligent Technology Co.,Ltd.0.60%$0.2215.86%
688579.SSDareway Software Co.,Ltd.0.60%$0.0740.32%
7011.TMitsubishi Heavy Industries, Ltd.0.60%$22.9530.46%