DDM Analysis: 4212.T

Valuation Snapshot

Stable Growth	$1,201.67 - $1,900.93	$1,521.01
Multi-Stage	$2,443.84 - $2,685.50	$2,562.33
Blended Fair Value	$2,041.67
Current Price	$2,165.00
Upside	-5.70%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	-0.76%	4.86%	69.14	76.48	85.49	80.16	71.44	71.83	64.56	58.77	53.09	50.24
YoY Growth	-	-	-9.59%	-10.54%	6.65%	12.21%	-0.54%	11.26%	9.84%	10.71%	5.66%	16.74%
Dividend Yield	-	-	3.51%	3.40%	3.74%	4.75%	3.39%	3.33%	2.99%	2.53%	2.58%	3.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	3,698.00
(-) Cash Dividends Paid (M)	2,192.00
(=) Cash Retained (M)	1,506.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	739.60	462.25	277.35
Cash Retained (M)	1,506.00	1,506.00	1,506.00
(-) Cash Required (M)	-739.60	-462.25	-277.35
(=) Excess Retained (M)	766.40	1,043.75	1,228.65
(/) Shares Outstanding (M)	30.95	30.95	30.95
(=) Excess Retained per Share	24.76	33.72	39.70
LTM Dividend per Share	70.83	70.83	70.83
(+) Excess Retained per Share	24.76	33.72	39.70
(=) Adjusted Dividend	95.59	104.55	110.52
WACC / Discount Rate	6.74%	6.74%	6.74%
Growth Rate	-1.13%	-0.13%	0.87%
Fair Value	$1,201.67	$1,521.01	$1,900.93
Upside / Downside	-44.50%	-29.75%	-12.20%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	3,698.00	3,693.30	3,688.60	3,683.92	3,679.23	3,674.56	3,784.79
Payout Ratio	59.28%	65.42%	71.57%	77.71%	83.86%	90.00%	92.50%
Projected Dividends (M)	2,192.00	2,416.16	2,639.76	2,862.78	3,085.22	3,307.10	3,500.93

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.74%	6.74%	6.74%
Growth Rate	-1.13%	-0.13%	0.87%
Year 1 PV (M)	2,240.98	2,263.64	2,286.31
Year 2 PV (M)	2,270.84	2,317.01	2,363.64
Year 3 PV (M)	2,284.13	2,354.14	2,425.56
Year 4 PV (M)	2,283.13	2,376.91	2,473.55
Year 5 PV (M)	2,269.88	2,387.02	2,508.94
PV of Terminal Value (M)	64,286.61	67,604.01	71,056.97
Equity Value (M)	75,635.58	79,302.73	83,114.97
Shares Outstanding (M)	30.95	30.95	30.95
Fair Value	$2,443.84	$2,562.33	$2,685.50
Upside / Downside	12.88%	18.35%	24.04%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 12 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
SO	The Southern Company	3.09%	$2.69	67.01%
CFR	Cullen/Frost Bankers, Inc.	3.08%	$3.94	39.68%
CMS	CMS Energy Corporation	3.08%	$2.17	62.27%
SJW	SJW Group	3.08%	$1.60	52.08%
SNV	Synovus Financial Corp.	3.08%	$1.54	27.05%
0HCT.L	Alliant Energy Corporation	3.07%	$1.99	62.84%
0M3L.L	Zions Bancorporation, National Association	3.07%	$1.79	31.01%
IVZ	Invesco Ltd.	3.07%	$0.83	35.83%
SWX	Southwest Gas Holdings, Inc.	3.07%	$2.46	38.44%
PEG	Public Service Enterprise Group Incorporated	3.06%	$2.48	59.65%
CASS	Cass Information Systems, Inc.	3.05%	$1.24	52.58%
CIVB	Civista Bancshares, Inc.	3.05%	$0.67	25.26%
TXN	Texas Instruments Incorporated	3.05%	$5.41	98.14%
CTRE	CareTrust REIT, Inc.	3.04%	$1.10	89.62%
UCB	United Community Banks, Inc.	3.04%	$0.95	36.76%
DRI	Darden Restaurants, Inc.	3.03%	$5.68	60.69%
HMN	Horace Mann Educators Corporation	3.02%	$1.36	34.55%
VG	Venture Global, Inc.	3.02%	$0.21	24.09%
HFBL	Home Federal Bancorp, Inc. of Louisiana	3.01%	$0.54	35.96%
TOWN	TowneBank	3.01%	$1.00	45.24%
GBCI	Glacier Bancorp, Inc.	3.00%	$1.34	64.06%
MBWM	Mercantile Bank Corporation	3.00%	$1.43	27.14%
PPL	PPL Corporation	3.00%	$1.05	71.70%
DTSQ	DT Cloud Star Acquisition Corporation	2.99%	$0.32	87.02%
EBMT	Eagle Bancorp Montana, Inc.	2.99%	$0.58	33.76%
INDB	Independent Bank Corp.	2.99%	$2.19	35.86%
ESSA	ESSA Bancorp, Inc.	2.98%	$0.61	39.75%
RDN	Radian Group Inc.	2.98%	$1.07	25.60%
0K0X.L	MetLife, Inc.	2.96%	$2.36	41.08%
CUBB	Customers Bancorp, Inc 5.375% S	2.96%	$0.66	12.54%
HBB	Hamilton Beach Brands Holding Company	2.96%	$0.47	20.02%
SD	SandRidge Energy, Inc.	2.96%	$0.44	24.38%
STRW	Strawberry Fields REIT LLC	2.95%	$0.38	70.76%
INGR	Ingredion Incorporated	2.94%	$3.23	32.02%
JWN	Nordstrom, Inc.	2.94%	$0.73	42.03%
PKBK	Parke Bancorp, Inc.	2.94%	$0.71	25.08%
0JW2.L	M&T Bank Corporation	2.93%	$5.91	33.38%
EIG	Employers Holdings, Inc.	2.93%	$1.26	48.48%
MYE	Myers Industries, Inc.	2.93%	$0.55	73.41%
RM	Regional Management Corp.	2.93%	$1.15	28.16%
HSY	The Hershey Company	2.92%	$5.33	79.75%
STZ	Constellation Brands, Inc.	2.92%	$4.12	59.24%
AROC	Archrock, Inc.	2.91%	$0.77	51.05%
JXN	Jackson Financial Inc.	2.91%	$3.13	38.19%
OSPN	OneSpan Inc.	2.91%	$0.36	23.87%
0LC6.L	Sysco Corporation	2.90%	$2.10	55.57%
EXE	Expand Energy Corporation	2.89%	$3.17	87.89%
PG	The Procter & Gamble Company	2.89%	$4.09	59.50%
RES	RPC, Inc.	2.89%	$0.16	72.96%
0M1R.L	Xcel Energy Inc.	2.88%	$2.16	65.69%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Sekisui Jushi Corporation (4212.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener