Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Nissin Electric Co., Ltd. (6641.T)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$5,514.94 - $20,374.77$16,844.75
Multi-Stage$9,740.46 - $10,737.10$10,229.04
Blended Fair Value$13,536.90
Current Price$1,259.00
Upside975.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2022202120202019201820172016201520142013
DPS9.09%13.02%33.9931.9932.9933.9930.0022.0014.0012.0010.999.99
YoY Growth--6.26%-3.03%-2.95%13.32%36.37%57.15%16.69%9.11%10.02%0.00%
Dividend Yield--2.23%2.28%3.15%2.84%2.94%1.85%0.93%1.38%1.65%1.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)11,451.00
(-) Cash Dividends Paid (M)907.00
(=) Cash Retained (M)10,544.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,290.201,431.38858.83
Cash Retained (M)10,544.0010,544.0010,544.00
(-) Cash Required (M)-2,290.20-1,431.38-858.83
(=) Excess Retained (M)8,253.809,112.639,685.18
(/) Shares Outstanding (M)106.87106.87106.87
(=) Excess Retained per Share77.2385.2690.62
LTM Dividend per Share8.498.498.49
(+) Excess Retained per Share77.2385.2690.62
(=) Adjusted Dividend85.7293.7599.11
WACC / Discount Rate2.36%2.36%2.36%
Growth Rate0.79%1.79%2.79%
Fair Value$5,514.94$16,844.75$20,374.77
Upside / Downside338.04%1,237.95%1,518.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)11,451.0011,655.9911,864.6612,077.0612,293.2612,513.3312,888.73
Payout Ratio7.92%24.34%40.75%57.17%73.58%90.00%92.50%
Projected Dividends (M)907.002,836.674,835.146,904.259,045.8911,262.0011,922.08

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.36%2.36%2.36%
Growth Rate0.79%1.79%2.79%
Year 1 PV (M)2,744.132,771.362,798.58
Year 2 PV (M)4,524.814,615.054,706.17
Year 3 PV (M)6,250.356,438.246,629.86
Year 4 PV (M)7,922.018,241.128,569.77
Year 5 PV (M)9,541.0410,023.8310,525.98
PV of Terminal Value (M)1,010,024.731,061,134.201,114,292.05
Equity Value (M)1,041,007.071,093,223.801,147,522.41
Shares Outstanding (M)106.87106.87106.87
Fair Value$9,740.46$10,229.04$10,737.10
Upside / Downside673.67%712.47%752.83%

High-Yield Dividend Screener

« Prev Page 15 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
1908.HKC&D International Investment Group Limited7.31%$1.1225.81%
2529.HKHollwin Urban Operation Service Group Co., Ltd7.31%$0.2224.64%
BMOB3.SABemobi Mobile Tech S.A.7.31%$1.6192.50%
CAMB3.SACambuci S.A.7.30%$0.7245.75%
CIP.AXCenturia Industrial REIT7.30%$0.2484.35%
NEO.BKNeo Corporate PCL7.30%$1.3550.11%
QTC.BKQTC Energy Public Company Limited7.30%$0.2597.23%
WHATS.BRWhat's Cooking Group NV/SA7.29%$8.2032.94%
C5H.IRCairn Homes plc7.28%$0.1544.15%
DOHI.QADoha Insurance Group Q.P.S.C.7.28%$0.1946.40%
STRN.SWSchlatter Industries AG7.28%$1.5052.09%
HDN.AXHomeCo Daily Needs REIT7.27%$0.1062.96%
IPCM.JKPT Jasa Armada Indonesia Tbk7.27%$26.1977.38%
O39.SIOversea-Chinese Banking Corporation Limited7.27%$1.4449.91%
THIP.BKThantawan Industry Public Company Limited7.27%$1.6450.43%
C6L.SISingapore Airlines Limited7.26%$0.4745.79%
SAPPE.BKSappe Public Company Limited7.26%$2.2382.18%
QIP.AXQANTM Intellectual Property Limited7.25%$0.1392.42%
KUOA.MXGrupo KUO, S.A.B. de C.V.7.24%$4.3464.64%
OYY.SIPropNex Limited7.24%$0.1493.41%
7035.KLCCK Consolidated Holdings Berhad7.23%$0.0976.61%
SOGN.OLSogn Sparebank7.22%$20.0011.36%
0QN6.LSF Urban Properties AG7.21%$7.2563.89%
WBC.AXWestpac Banking Corporation7.21%$2.8174.44%
120110.KSKolon Industries, Inc.7.20%$3,060.7698.52%
MILS3.SAMills Locação, Serviços e Logística S.A.7.20%$1.0181.51%
UZU.DEUzin Utz AG7.20%$5.1146.82%
3296.TNIPPON REIT Investment Corporation7.19%$7,108.4763.73%
600035.SSHubei Chutian Smart Communication Co.,Ltd.7.19%$0.2866.74%
036460.KSKorea Gas Corporation7.17%$2,752.5029.13%
HABITAT.SNAdministradora de Fondos de Pensiones Habitat S.A.7.17%$110.0070.97%
ITUB3.SAItaú Unibanco Holding S.A.7.17%$2.6064.54%
SAMF.JKPT Saraswanti Anugerah Makmur, Tbk7.17%$22.2285.61%
0HM0.LVGP N.V.7.16%$7.0036.73%
VLS.AXVita Life Sciences Limited7.16%$0.1855.52%
CRBN.ASCorbion N.V.7.15%$1.3455.86%
0586.HKChina Conch Venture Holdings Limited7.14%$0.6929.51%
600011.SSHuaneng Power International, Inc.7.14%$0.5357.39%
IFII.JKPT Indonesia Fibreboard Industry Tbk7.14%$16.0070.24%
UNTR.JKPT United Tractors Tbk7.14%$2,150.1250.66%
4987.TWOGodex International Co., Ltd7.12%$5.1885.38%
2328.HKPICC Property and Casualty Company Limited7.11%$1.1842.87%
CXSE3.SACaixa Seguridade Participações S.A.7.11%$1.1880.41%
PUB.PAPublicis Groupe S.A.7.11%$6.2349.76%
600057.SSXiamen Xiangyu Co., Ltd.7.10%$0.6177.47%
MYPK3.SAIochpe-Maxion S.A.7.09%$0.7051.81%
PRM-R.BKPrima Marine Public Company Limited7.09%$0.4949.90%
601187.SSXiamen Bank Co., Ltd.7.08%$0.5252.74%
014130.KSHanexpress.Co., Ltd7.07%$213.2520.61%
0NY3.LSTEF S.a.7.07%$9.1944.77%