Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Kuraudia Holdings Co.,Ltd. (3607.T)

Company Dividend Discount ModelIndustry: Apparel - RetailSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$284.30 - $424.21$350.83
Multi-Stage$542.06 - $596.18$568.59
Blended Fair Value$459.71
Current Price$351.00
Upside30.97%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-7.29%-2.43%12.007.774.930.030.0417.5215.4615.4617.289.66
YoY Growth--54.54%57.41%17,107.75%-35.34%-99.75%13.32%0.02%-10.56%78.95%-37.06%
Dividend Yield--3.42%2.27%1.21%0.01%0.02%5.80%3.17%3.12%2.92%1.90%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)311.84
(-) Cash Dividends Paid (M)108.00
(=) Cash Retained (M)203.84
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)62.3738.9823.39
Cash Retained (M)203.84203.84203.84
(-) Cash Required (M)-62.37-38.98-23.39
(=) Excess Retained (M)141.47164.86180.45
(/) Shares Outstanding (M)9.009.009.00
(=) Excess Retained per Share15.7218.3220.05
LTM Dividend per Share12.0012.0012.00
(+) Excess Retained per Share15.7218.3220.05
(=) Adjusted Dividend27.7230.3232.05
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate-2.00%-1.00%0.00%
Fair Value$284.30$350.83$424.21
Upside / Downside-19.00%-0.05%20.86%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)311.84308.72305.63302.58299.55296.56305.45
Payout Ratio34.63%45.71%56.78%67.85%78.93%90.00%92.50%
Projected Dividends (M)108.00141.11173.54205.31236.43266.90282.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)129.87131.20132.52
Year 2 PV (M)147.00150.01153.06
Year 3 PV (M)160.06165.01170.06
Year 4 PV (M)169.64176.67183.91
Year 5 PV (M)176.25185.43194.98
PV of Terminal Value (M)4,095.314,308.564,530.60
Equity Value (M)4,878.125,116.875,365.14
Shares Outstanding (M)9.009.009.00
Fair Value$542.06$568.59$596.18
Upside / Downside54.43%61.99%69.85%

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