Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Kureha Corporation (4023.T)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$2,484.59 - $4,443.60$3,307.94
Multi-Stage$4,298.13 - $4,719.74$4,504.90
Blended Fair Value$3,906.42
Current Price$3,820.00
Upside2.26%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS5.25%8.96%99.73112.74104.4271.0171.0177.2261.8743.5140.4544.11
YoY Growth---11.54%7.97%47.05%0.00%-8.04%24.80%42.20%7.57%-8.30%4.35%
Dividend Yield--3.17%4.01%3.82%2.23%3.31%4.92%2.50%1.65%2.19%3.70%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,468.00
(-) Cash Dividends Paid (M)4,431.00
(=) Cash Retained (M)4,037.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,693.601,058.50635.10
Cash Retained (M)4,037.004,037.004,037.00
(-) Cash Required (M)-1,693.60-1,058.50-635.10
(=) Excess Retained (M)2,343.402,978.503,401.90
(/) Shares Outstanding (M)46.7346.7346.73
(=) Excess Retained per Share50.1563.7572.81
LTM Dividend per Share94.8394.8394.83
(+) Excess Retained per Share50.1563.7572.81
(=) Adjusted Dividend144.98158.58167.64
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate0.61%1.61%2.61%
Fair Value$2,484.59$3,307.94$4,443.60
Upside / Downside-34.96%-13.40%16.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,468.008,604.758,743.708,884.909,028.389,174.179,449.40
Payout Ratio52.33%59.86%67.40%74.93%82.47%90.00%92.50%
Projected Dividends (M)4,431.005,150.905,892.896,657.517,445.288,256.768,740.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate0.61%1.61%2.61%
Year 1 PV (M)4,789.554,837.164,884.76
Year 2 PV (M)5,095.105,196.885,299.67
Year 3 PV (M)5,352.395,513.575,677.96
Year 4 PV (M)5,565.825,790.416,021.73
Year 5 PV (M)5,739.446,030.396,333.01
PV of Terminal Value (M)174,288.21183,123.25192,313.01
Equity Value (M)200,830.51210,491.66220,530.14
Shares Outstanding (M)46.7346.7346.73
Fair Value$4,298.13$4,504.90$4,719.74
Upside / Downside12.52%17.93%23.55%

High-Yield Dividend Screener

« Prev Page 18 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
CU-X.TOCanadian Utilities Limited6.70%$2.3196.15%
NACNuveen California Quality Municipal Income Fund6.70%$0.7958.10%
SMIT.BKSahamit Machinery Public Company Limited6.70%$0.2480.77%
FNTN.DEfreenet AG6.69%$1.9986.99%
2319.HKChina Mengniu Dairy Company Limited6.68%$1.0099.41%
8963.TInvincible Investment Corporation6.68%$4,300.6161.53%
PLAKR.ATPlastika Kritis S.A.6.67%$0.9734.18%
000540.KSHeungkuk Fire&Marine Insurance Co., Ltd.6.66%$237.3827.99%
2314.HKLee & Man Paper Manufacturing Limited6.66%$0.1928.93%
298020.KSHyosung TNC Corporation6.66%$14,250.7888.73%
CPTGF.BKC.P. Tower Growth Leasehold Property Fund6.66%$0.3463.33%
0QQG.LRomande Energie Holding S.A.6.65%$2.8854.24%
9924.TWTaiwan Fu Hsing Industrial Co.,Ltd.6.65%$3.4897.31%
AYUD.BKAllianz Ayudhya Capital Public Company Limited6.65%$2.3438.16%
BEES3.SABanestes S.A. - Banco do Estado do Espírito Santo6.65%$0.5447.77%
DHTDHT Holdings, Inc.6.65%$0.7862.76%
DVLA.JKPT Darya-Varia Laboratoria Tbk6.65%$110.0071.18%
BTB-UN.TOBTB Real Estate Investment Trust6.64%$0.2763.41%
0297.HKSinofert Holdings Limited6.63%$0.1040.38%
0QQ0.LBKW AG6.63%$11.1661.27%
TTW-R.BKTTW Public Company Limited6.63%$0.6076.46%
000001.SZPing An Bank Co., Ltd.6.62%$0.7533.97%
5519.TWLongDa Construction & Development Corporation6.62%$2.1773.27%
AKHI.QAAl Khaleej Takaful Insurance Company Q.P.S.C.6.62%$0.1562.13%
DEXP3.SADexxos Participações S.A.6.61%$0.5235.77%
PLZ-UN.TOPlaza Retail REIT6.60%$0.2887.93%
0900.HKAEON Credit Service (Asia) Company Limited6.59%$0.4847.12%
4001.SRAbdullah Al-Othaim Markets Company6.59%$0.4169.57%
9942.TWNAK Sealing Technologies Corporation6.59%$6.9983.55%
QFLS.QAQatar Fuel Company Q.P.S.C.("WOQOD")6.59%$1.0096.27%
AD-UN.TOAlaris Equity Partners Income Trust6.58%$1.3646.26%
ARF.AXArena REIT6.58%$0.2367.19%
BVI.PABureau Veritas S.A.6.58%$1.7768.58%
9677.HKWeihai Bank Co., Ltd. Class H6.57%$0.1837.27%
LI.PAKlépierre6.57%$2.1940.55%
SIME.KLSime Darby Berhad6.57%$0.1445.15%
KER.PAKering S.A.6.56%$19.9987.42%
MING.OLSpareBank 1 SMN6.56%$13.2942.26%
024090.KSDCM Corp.6.55%$791.6575.82%
EMSN.SWEms-Chemie Holding AG6.55%$36.0191.24%
HVN.AXHarvey Norman Holdings Limited6.55%$0.4665.85%
LALIN.BKLalin Property Public Company Limited6.54%$0.3261.45%
0636.HKKLN Logistics Group Limited6.53%$0.4728.09%
0JSU.LSipef N.V.6.53%$5.3834.04%
0QF8.LAktia Pankki Oyj6.53%$0.8292.48%
INTRInter & Co, Inc.6.53%$0.5520.40%
0028.HKTian An China Investments Company Limited6.52%$0.3015.83%
4190.SRJarir Marketing Company6.52%$0.8499.34%
ONEE.BKThe ONE Enterprise Public Company Limited6.52%$0.1489.05%
0119.HKPoly Property Group Co., Limited6.51%$0.1338.03%