Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

MODEC, Inc. (6269.T)

Company Dividend Discount ModelIndustry: Oil & Gas Equipment & ServicesSector: Energy

Valuation Snapshot

Stable Growth$48.13 - $84.26$63.53
Multi-Stage$45.56 - $49.80$47.64
Blended Fair Value$55.59
Current Price$42.95
Upside29.42%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-62.50%5.25%0.330.000.000.280.3744.4342.3532.0229.9427.86
YoY Growth--224,780.00%-47.37%-99.90%-24.83%-99.17%4.91%32.25%6.95%7.47%14,005.53%
Dividend Yield--1.20%0.00%0.00%2.66%1.81%365.64%144.72%127.97%140.96%190.17%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)241.99
(-) Cash Dividends Paid (M)58.56
(=) Cash Retained (M)183.43
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)48.4030.2518.15
Cash Retained (M)183.43183.43183.43
(-) Cash Required (M)-48.40-30.25-18.15
(=) Excess Retained (M)135.03153.18165.28
(/) Shares Outstanding (M)68.2768.2768.27
(=) Excess Retained per Share1.982.242.42
LTM Dividend per Share0.860.860.86
(+) Excess Retained per Share1.982.242.42
(=) Adjusted Dividend2.843.103.28
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate3.88%4.88%5.88%
Fair Value$48.13$63.53$84.26
Upside / Downside12.07%47.92%96.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)241.99253.79266.17279.15292.77307.05316.26
Payout Ratio24.20%37.36%50.52%63.68%76.84%90.00%92.50%
Projected Dividends (M)58.5694.82134.47177.76224.96276.34292.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate3.88%4.88%5.88%
Year 1 PV (M)85.3886.2087.02
Year 2 PV (M)109.03111.14113.27
Year 3 PV (M)129.78133.57137.42
Year 4 PV (M)147.89153.67159.61
Year 5 PV (M)163.58171.61179.95
PV of Terminal Value (M)2,474.952,596.402,722.57
Equity Value (M)3,110.623,252.583,399.84
Shares Outstanding (M)68.2768.2768.27
Fair Value$45.56$47.64$49.80
Upside / Downside6.08%10.92%15.95%

High-Yield Dividend Screener

« Prev Page 12 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
MORG.OLSparebanken Møre8.24%$9.7948.31%
TCL-A.TOTranscontinental Inc.8.23%$1.9090.45%
1524.TWGordon Auto Body Parts Co., Ltd.8.22%$2.2990.15%
025000.KSKPX Chemical Co.,Ltd.8.20%$3,780.4027.09%
3249.TIndustrial & Infrastructure Fund Investment Corporation8.19%$12,629.6294.12%
MERC3.SAMercantil do Brasil Financeira S.A.8.19%$1.2523.03%
VOW.DEVolkswagen AG8.19%$8.8061.96%
ACES.JKPT Aspirasi Hidup Indonesia Tbk8.17%$33.5070.02%
ADH.AXAdairs Limited8.14%$0.1548.18%
0DZJ.LGroupe CRIT S.A.8.13%$4.7537.37%
WAR.AXWAM Strategic Value Limited8.12%$0.0949.55%
PCSGH.BKP.C.S. Machine Group Holding Public Company Limited8.10%$0.2561.11%
C52.SIComfortDelGro Corporation Limited8.08%$0.1261.96%
6601.HKCheerwin Group Limited8.07%$0.1858.02%
ABA.AXAuswide Bank Ltd8.07%$0.4153.00%
FILA.MIF.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A.8.06%$0.7860.66%
AIQ.AXAlternative Investment Trust8.04%$0.1250.93%
LIGHT.ASSignify N.V.8.04%$1.7469.87%
NER.BKNorth East Rubber Public Company Limited8.04%$0.3635.33%
1361.HK361 Degrees International Limited8.03%$0.4339.44%
STO.AXSantos Limited8.03%$0.4970.12%
UTP.BKUnited Paper Public Company Limited8.00%$0.6073.40%
0P2J.LAscencio S.A.7.99%$4.3073.74%
0QQE.LDKSH Holding AG7.99%$4.5977.54%
RPL.AXRegal Partners Limited7.99%$0.2696.18%
1983.HKLuzhou Bank Co., Ltd.7.96%$0.1723.39%
2166.HKSmart-Core Holdings Limited7.96%$0.1738.03%
3014.TWITE Tech. Inc7.96%$9.1195.86%
BSD.PABourse Direct S.A.7.96%$0.3651.14%
OIZ.IROrigin Enterprises plc7.96%$0.3339.03%
FVI.MIFervi S.p.A.7.95%$1.2958.52%
MSTI.JKMastersystem Infotama Tbk.7.95%$118.0070.08%
0012.HKHenderson Land Development Company Limited7.94%$2.3089.03%
057050.KSHyundai Home Shopping Network Corporation7.93%$4,290.7358.03%
IB.MIIniziative Bresciane S.p.A.7.93%$0.9391.62%
SSSC.BKSiam Steel Service Center Public Company Limited7.93%$0.1748.86%
0868.HKXinyi Glass Holdings Limited7.92%$0.6737.03%
0E1L.LCapMan Oyj7.90%$0.1536.88%
BBAS3.SABanco do Brasil S.A.7.90%$1.7176.22%
002060.SZGuangdong Construction Engineering Group Co., Ltd.7.89%$0.2898.50%
FSA.AXFSA Group Limited7.89%$0.109.37%
0F2S.LLinedata Services S.A.7.87%$3.6032.69%
0R7T.LTINC N.V.7.87%$0.8435.61%
0D1X.LGroupe Guillin S.A.7.86%$2.1032.57%
5199.KLHibiscus Petroleum Berhad7.86%$0.1274.47%
ULKER.ISÜlker Bisküvi Sanayi A.S.7.85%$8.7945.09%
9581.SRClean Life Co.7.84%$8.0056.24%
3463.TIchigo Hotel REIT Investment Corporation7.83%$9,957.4751.91%
LHSC.BKLH Shopping Centers Leasehold Real Estate Investment Trust7.83%$1.0059.09%
EPMT.JKPT Enseval Putera Megatrading Tbk.7.82%$179.1064.00%