Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

SCSK Corporation (9719.T)

Company Dividend Discount ModelIndustry: Information Technology ServicesSector: Technology

Valuation Snapshot

Stable Growth$12,515.92 - $39,071.47$36,615.69
Multi-Stage$5,243.04 - $5,737.06$5,485.52
Blended Fair Value$21,050.61
Current Price$4,429.00
Upside375.29%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS11.50%15.99%65.9753.9649.2846.6043.2738.2832.4531.6227.4519.96
YoY Growth--22.27%9.48%5.76%7.70%13.03%17.97%2.64%15.16%37.53%33.36%
Dividend Yield--1.52%1.71%2.18%2.03%1.96%2.19%1.79%1.84%1.63%1.57%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)61,413.00
(-) Cash Dividends Paid (M)22,189.00
(=) Cash Retained (M)39,224.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)12,282.607,676.634,605.98
Cash Retained (M)39,224.0039,224.0039,224.00
(-) Cash Required (M)-12,282.60-7,676.63-4,605.98
(=) Excess Retained (M)26,941.4031,547.3834,618.03
(/) Shares Outstanding (M)312.59312.59312.59
(=) Excess Retained per Share86.19100.92110.74
LTM Dividend per Share70.9870.9870.98
(+) Excess Retained per Share86.19100.92110.74
(=) Adjusted Dividend157.17171.90181.73
WACC / Discount Rate6.82%6.82%6.82%
Growth Rate5.50%6.50%7.50%
Fair Value$12,515.92$36,615.69$39,071.47
Upside / Downside182.59%726.73%782.17%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)61,413.0065,404.8569,656.1674,183.8179,005.7684,141.1386,665.37
Payout Ratio36.13%46.90%57.68%68.45%79.23%90.00%92.50%
Projected Dividends (M)22,189.0030,677.9040,176.6150,780.5462,593.2375,727.0280,165.46

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.82%6.82%6.82%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)28,448.3028,717.9528,987.60
Year 2 PV (M)34,548.9335,206.9935,871.26
Year 3 PV (M)40,493.8641,656.3042,840.77
Year 4 PV (M)46,286.0348,066.0649,896.95
Year 5 PV (M)51,928.3054,436.4657,040.61
PV of Terminal Value (M)1,437,238.101,506,657.241,578,733.21
Equity Value (M)1,638,943.521,714,740.991,793,370.39
Shares Outstanding (M)312.59312.59312.59
Fair Value$5,243.04$5,485.52$5,737.06
Upside / Downside18.38%23.85%29.53%

High-Yield Dividend Screener

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