DDM Analysis: 7741.T

Valuation Snapshot

Stable Growth	$9,466.31 - $17,846.24	$12,864.78
Multi-Stage	$8,933.28 - $9,769.63	$9,343.77
Blended Fair Value	$11,104.28
Current Price	$20,475.00
Upside	-45.77%
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	2.45%	1.81%	111.58	112.63	115.58	96.43	97.94	98.87	99.16	84.35	85.53	91.48
YoY Growth	-	-	-0.93%	-2.55%	19.86%	-1.54%	-0.95%	-0.29%	17.56%	-1.38%	-6.51%	-1.89%
Dividend Yield	-	-	0.65%	0.61%	0.68%	0.83%	0.66%	0.96%	1.20%	1.34%	1.47%	2.52%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	209,280.00
(-) Cash Dividends Paid (M)	55,040.00
(=) Cash Retained (M)	154,240.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	41,856.00	26,160.00	15,696.00
Cash Retained (M)	154,240.00	154,240.00	154,240.00
(-) Cash Required (M)	-41,856.00	-26,160.00	-15,696.00
(=) Excess Retained (M)	112,384.00	128,080.00	138,544.00
(/) Shares Outstanding (M)	344.31	344.31	344.31
(=) Excess Retained per Share	326.41	372.00	402.39
LTM Dividend per Share	159.86	159.86	159.86
(+) Excess Retained per Share	326.41	372.00	402.39
(=) Adjusted Dividend	486.27	531.85	562.24
WACC / Discount Rate	9.20%	9.20%	9.20%
Growth Rate	3.86%	4.86%	5.86%
Fair Value	$9,466.31	$12,864.78	$17,846.24
Upside / Downside	-53.77%	-37.17%	-12.84%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	209,280.00	219,453.74	230,122.05	241,308.99	253,039.75	265,340.79	273,301.01
Payout Ratio	26.30%	39.04%	51.78%	64.52%	77.26%	90.00%	92.50%
Projected Dividends (M)	55,040.00	85,674.20	119,156.78	155,692.26	195,498.36	238,806.71	252,803.44

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.20%	9.20%	9.20%
Growth Rate	3.86%	4.86%	5.86%
Year 1 PV (M)	77,710.56	78,458.77	79,206.99
Year 2 PV (M)	98,034.44	99,931.32	101,846.38
Year 3 PV (M)	116,186.83	119,575.27	123,028.95
Year 4 PV (M)	132,331.42	137,501.96	142,822.57
Year 5 PV (M)	146,621.05	153,816.79	161,292.31
PV of Terminal Value (M)	2,504,893.01	2,627,825.95	2,755,538.75
Equity Value (M)	3,075,777.31	3,217,110.06	3,363,735.95
Shares Outstanding (M)	344.31	344.31	344.31
Fair Value	$8,933.28	$9,343.77	$9,769.63
Upside / Downside	-56.37%	-54.37%	-52.29%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 13 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
CL	Colgate-Palmolive Company	2.88%	$2.24	62.40%
TCBK	TriCo Bancshares	2.87%	$1.35	37.83%
0U6R.L	Bunge Limited	2.86%	$3.05	31.37%
FBMS	The First Bancshares, Inc.	2.86%	$0.97	39.72%
RILYG	B. Riley Financial, Inc. 5.00% Senior Notes due 2026	2.86%	$0.58	56.91%
CNS	Cohen & Steers, Inc.	2.85%	$1.81	56.91%
MRBK	Meridian Corporation	2.85%	$0.49	27.85%
AMGN	Amgen Inc.	2.84%	$9.31	72.03%
BKH	Black Hills Corporation	2.84%	$1.98	50.60%
GABC	German American Bancorp, Inc.	2.84%	$1.11	40.35%
HOMB	Home Bancshares, Inc.	2.84%	$0.79	34.17%
KO	The Coca-Cola Company	2.84%	$1.96	65.04%
SBFG	SB Financial Group, Inc.	2.84%	$0.61	28.02%
TSBK	Timberland Bancorp, Inc.	2.84%	$1.00	27.24%
CATY	Cathay General Bancorp	2.83%	$1.38	31.20%
CWT	California Water Service Group	2.83%	$1.22	53.25%
EBIX	Ebix, Inc.	2.83%	$0.08	46.85%
CMS-PB	Consumers Energy Company	2.82%	$2.17	62.27%
EPRT	Essential Properties Realty Trust, Inc.	2.82%	$0.85	70.58%
GPK	Graphic Packaging Holding Company	2.82%	$0.43	24.85%
VALSX	Value Line Select Growth Fund	2.82%	$0.87	56.29%
CCNE	CNB Financial Corporation	2.81%	$0.72	35.05%
ORRF	Orrstown Financial Services, Inc.	2.81%	$0.98	26.05%
TXNM	TXNM Energy, Inc.	2.80%	$1.65	86.75%
STC	Stewart Information Services Corporation	2.79%	$1.95	54.56%
CVLY	Codorus Valley Bancorp, Inc.	2.77%	$0.67	28.98%
KKRS	KKR Group Finance Co. IX LLC 4.	2.77%	$0.49	7.61%
SHBI	Shore Bancshares, Inc.	2.77%	$0.48	28.28%
HNNA	Hennessy Advisors, Inc.	2.76%	$0.27	21.11%
HONE	HarborOne Bancorp, Inc.	2.76%	$0.33	51.05%
KMT	Kennametal Inc.	2.76%	$0.80	65.12%
PNM	PNM Resources, Inc.	2.76%	$1.12	57.65%
HWC	Hancock Whitney Corporation	2.75%	$1.77	31.35%
YOU	Clear Secure, Inc.	2.75%	$0.95	50.89%
0HE2.L	Ameren Corporation	2.74%	$2.78	53.51%
MTDR	Matador Resources Company	2.74%	$1.19	18.96%
OFG	OFG Bancorp	2.74%	$1.12	25.13%
VLO	Valero Energy Corporation	2.74%	$4.53	93.65%
YORW	The York Water Company	2.73%	$0.87	62.37%
CCZ	Comcast Holdings Corp.	2.72%	$1.63	26.92%
K	Kellanova	2.72%	$2.27	62.18%
ADT	ADT Inc.	2.71%	$0.22	29.95%
AVT	Avnet, Inc.	2.71%	$1.34	48.46%
BKU	BankUnited, Inc.	2.71%	$1.21	34.19%
CNOB	ConnectOne Bancorp, Inc.	2.71%	$0.71	48.64%
GBX	The Greenbrier Companies, Inc.	2.71%	$1.28	19.40%
PBHC	Pathfinder Bancorp, Inc.	2.71%	$0.38	26.39%
TRIN	Trinity Capital Inc.	2.71%	$0.41	20.50%
RILYN	B. Riley Financial, Inc. - 6.50	2.70%	$0.58	56.91%
0L5A.L	Sempra	2.69%	$2.41	72.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

HOYA Corporation (7741.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener