DDM Analysis: 4506.T

Valuation Snapshot

Stable Growth	$2,066.30 - $2,839.45	$2,456.87
Multi-Stage	$4,002.40 - $4,422.82	$4,208.33
Blended Fair Value	$3,332.60
Current Price	$1,711.00
Upside	94.77%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	-81.30%	-54.05%	0.01	7.03	28.00	28.00	27.99	32.99	27.99	20.00	18.00	18.00
YoY Growth	-	-	-99.89%	-74.90%	-0.01%	0.05%	-15.15%	17.84%	40.01%	11.09%	-0.01%	0.00%
Dividend Yield	-	-	0.00%	1.80%	4.38%	2.57%	1.20%	2.21%	1.32%	0.85%	1.17%	1.02%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	154,723.00
(-) Cash Dividends Paid (M)	3.00
(=) Cash Retained (M)	154,720.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	30,944.60	19,340.38	11,604.23
Cash Retained (M)	154,720.00	154,720.00	154,720.00
(-) Cash Required (M)	-30,944.60	-19,340.38	-11,604.23
(=) Excess Retained (M)	123,775.40	135,379.63	143,115.78
(/) Shares Outstanding (M)	397.29	397.29	397.29
(=) Excess Retained per Share	311.55	340.76	360.23
LTM Dividend per Share	0.01	0.01	0.01
(+) Excess Retained per Share	311.55	340.76	360.23
(=) Adjusted Dividend	311.56	340.77	360.24
WACC / Discount Rate	8.47%	8.47%	8.47%
Growth Rate	-5.75%	-4.75%	-3.75%
Fair Value	$2,066.30	$2,456.87	$2,839.45
Upside / Downside	20.77%	43.59%	65.95%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	154,723.00	147,379.16	140,383.89	133,720.65	127,373.67	121,327.95	124,967.79
Payout Ratio	0.00%	18.00%	36.00%	54.00%	72.00%	90.00%	92.50%
Projected Dividends (M)	3.00	26,530.53	50,539.83	72,210.19	91,709.54	109,195.15	115,595.20

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.47%	8.47%	8.47%
Growth Rate	-5.75%	-4.75%	-3.75%
Year 1 PV (M)	24,203.18	24,459.96	24,716.75
Year 2 PV (M)	42,061.67	42,958.93	43,865.65
Year 3 PV (M)	54,824.86	56,588.46	58,389.48
Year 4 PV (M)	63,521.38	66,260.35	69,086.96
Year 5 PV (M)	68,997.78	72,736.50	76,635.56
PV of Terminal Value (M)	1,336,503.40	1,408,923.25	1,484,448.94
Equity Value (M)	1,590,112.27	1,671,927.46	1,757,143.35
Shares Outstanding (M)	397.29	397.29	397.29
Fair Value	$4,002.40	$4,208.33	$4,422.82
Upside / Downside	133.92%	145.96%	158.49%

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

Sumitomo Pharma Co., Ltd. (4506.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener