DDM Analysis: 8890.T

Valuation Snapshot

Stable Growth	$31,556.93 - $68,817.98	$64,492.52
Multi-Stage	$10,458.52 - $11,443.11	$10,941.78
Blended Fair Value	$37,717.15
Current Price	$3,420.00
Upside	1,002.84%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-2.94%	0.00%	54.71	47.11	5.16	59.51	60.25	63.52	46.45	35.23	28.78	0.00
YoY Growth	-	-	16.12%	813.51%	-91.33%	-1.21%	-5.16%	36.76%	31.85%	22.40%	0.00%	0.00%
Dividend Yield	-	-	1.60%	1.59%	0.46%	7.14%	6.35%	6.26%	2.85%	3.72%	4.08%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	9,931.00
(-) Cash Dividends Paid (M)	4,970.00
(=) Cash Retained (M)	4,961.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,986.20	1,241.38	744.83
Cash Retained (M)	4,961.00	4,961.00	4,961.00
(-) Cash Required (M)	-1,986.20	-1,241.38	-744.83
(=) Excess Retained (M)	2,974.80	3,719.63	4,216.18
(/) Shares Outstanding (M)	28.70	28.70	28.70
(=) Excess Retained per Share	103.65	129.61	146.91
LTM Dividend per Share	173.17	173.17	173.17
(+) Excess Retained per Share	103.65	129.61	146.91
(=) Adjusted Dividend	276.83	302.78	320.08
WACC / Discount Rate	6.43%	6.43%	6.43%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$31,556.93	$64,492.52	$68,817.98
Upside / Downside	822.72%	1,785.75%	1,912.22%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	9,931.00	10,576.52	11,263.99	11,996.15	12,775.90	13,606.33	14,014.52
Payout Ratio	50.05%	58.04%	66.03%	74.02%	82.01%	90.00%	92.50%
Projected Dividends (M)	4,970.00	6,138.21	7,437.29	8,879.32	10,477.39	12,245.70	12,963.43

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.43%	6.43%	6.43%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	5,713.46	5,767.62	5,821.77
Year 2 PV (M)	6,443.61	6,566.35	6,690.24
Year 3 PV (M)	7,160.63	7,366.19	7,575.64
Year 4 PV (M)	7,864.70	8,167.15	8,478.25
Year 5 PV (M)	8,555.98	8,969.23	9,398.31
PV of Terminal Value (M)	264,413.70	277,184.98	290,445.04
Equity Value (M)	300,152.08	314,021.52	328,409.25
Shares Outstanding (M)	28.70	28.70	28.70
Fair Value	$10,458.52	$10,941.78	$11,443.11
Upside / Downside	205.80%	219.94%	234.59%

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

Analysis Mode

Ticker

Industry

Sector

Raysum Co., Ltd. (8890.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener