Definitive Analysis
Definitive Analysis

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Acom Co., Ltd. (8572.T)

Company Dividend Discount ModelIndustry: Financial - Credit ServicesSector: Financial Services

Valuation Snapshot

Stable Growth$450.43 - $796.74$597.07
Multi-Stage$762.42 - $837.57$799.28
Blended Fair Value$698.17
Current Price$427.10
Upside63.47%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS34.09%0.00%13.0011.009.006.005.003.002.000.000.000.00
YoY Growth--18.20%22.21%49.99%20.02%66.69%50.05%0.00%0.00%0.00%0.00%
Dividend Yield--3.04%2.69%2.58%1.89%1.03%0.73%0.51%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)52,612.00
(-) Cash Dividends Paid (M)20,364.00
(=) Cash Retained (M)32,248.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)10,522.406,576.503,945.90
Cash Retained (M)32,248.0032,248.0032,248.00
(-) Cash Required (M)-10,522.40-6,576.50-3,945.90
(=) Excess Retained (M)21,725.6025,671.5028,302.10
(/) Shares Outstanding (M)1,566.611,566.611,566.61
(=) Excess Retained per Share13.8716.3918.07
LTM Dividend per Share13.0013.0013.00
(+) Excess Retained per Share13.8716.3918.07
(=) Adjusted Dividend26.8729.3931.06
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate0.60%1.60%2.60%
Fair Value$450.43$597.07$796.74
Upside / Downside5.46%39.80%86.55%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)52,612.0053,452.4054,306.2355,173.7056,055.0256,950.4258,658.93
Payout Ratio38.71%48.96%59.22%69.48%79.74%90.00%92.50%
Projected Dividends (M)20,364.0026,172.8632,162.1038,336.0144,698.9551,255.3854,259.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate0.60%1.60%2.60%
Year 1 PV (M)24,311.2924,552.9624,794.63
Year 2 PV (M)27,749.6828,304.1228,864.05
Year 3 PV (M)30,723.9731,649.3532,593.13
Year 4 PV (M)33,275.4934,618.4736,001.69
Year 5 PV (M)35,442.4337,239.4039,108.53
PV of Terminal Value (M)1,042,914.931,095,791.891,150,792.16
Equity Value (M)1,194,417.791,252,156.191,312,154.19
Shares Outstanding (M)1,566.611,566.611,566.61
Fair Value$762.42$799.28$837.57
Upside / Downside78.51%87.14%96.11%

High-Yield Dividend Screener

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