Definitive Analysis
Definitive Analysis
Financial Statements
Periods / Units
Fundamentals
Valuations
Miscellaneous
Analysis Mode
Full Access
See Pricing Start Trial

Japan Prime Realty Investment Corporation (8955.T)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$289,257.10 - $538,239.12$391,148.08
Multi-Stage$478,000.72 - $524,421.15$500,769.21
Blended Fair Value$445,958.64
Current Price$92,600.00
Upside381.60%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.23%4.22%8,708.898,794.268,625.828,482.678,155.247,798.717,672.007,359.616,692.926,228.38
YoY Growth---0.97%1.95%1.69%4.01%4.57%1.65%4.24%9.96%7.46%8.08%
Dividend Yield--11.04%10.05%9.31%8.50%9.54%6.55%7.36%8.22%5.81%6.03%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)34,007.59
(-) Cash Dividends Paid (M)22,733.98
(=) Cash Retained (M)11,273.61
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6,801.524,250.952,550.57
Cash Retained (M)11,273.6111,273.6111,273.61
(-) Cash Required (M)-6,801.52-4,250.95-2,550.57
(=) Excess Retained (M)4,472.107,022.668,723.04
(/) Shares Outstanding (M)1.741.741.74
(=) Excess Retained per Share2,569.724,035.315,012.36
LTM Dividend per Share13,063.2113,063.2113,063.21
(+) Excess Retained per Share2,569.724,035.315,012.36
(=) Adjusted Dividend15,632.9317,098.5118,075.57
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate1.02%2.02%3.02%
Fair Value$289,257.10$391,148.08$538,239.12
Upside / Downside212.37%322.41%481.25%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)34,007.5934,695.6035,397.5436,113.6736,844.2937,589.6938,717.38
Payout Ratio66.85%71.48%76.11%80.74%85.37%90.00%92.50%
Projected Dividends (M)22,733.9824,800.3426,941.0029,158.1331,453.9533,830.7235,813.57

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate1.02%2.02%3.02%
Year 1 PV (M)23,062.1523,290.4423,518.73
Year 2 PV (M)23,296.9123,760.4124,228.48
Year 3 PV (M)23,446.9524,150.1524,867.28
Year 4 PV (M)23,520.3724,465.5725,438.99
Year 5 PV (M)23,524.6124,712.2125,947.29
PV of Terminal Value (M)715,016.41751,112.74788,652.38
Equity Value (M)831,867.40871,491.53912,653.14
Shares Outstanding (M)1.741.741.74
Fair Value$478,000.72$500,769.21$524,421.15
Upside / Downside416.20%440.79%466.33%

High-Yield Dividend Screener

« Prev Page 2 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0081.HKChina Overseas Grand Oceans Group Limited15.97%$0.3160.87%
QRF.BRQrf Comm. VA15.92%$1.6488.42%
INC-UN.TOIncome Financial Trust15.90%$1.4843.23%
QRI.AXQualitas Real Estate Income Fund15.90%$0.2594.00%
9172.KLFormosa Prosonic Industries Berhad15.89%$0.1872.55%
1099.HKSinopharm Group Co. Ltd.15.88%$3.1363.13%
XBBDC.MCBanco Bradesco S.A.15.82%$0.4623.31%
LPIN.JKPT Multi Prima Sejahtera Tbk15.59%$69.5396.86%
LFG.AXLiberty Financial Group Limited15.46%$0.6679.98%
ALPDX.PAPiscines Desjoyaux S.A.15.43%$2.0088.06%
2660.HKZengame Technology Holding Limited15.29%$0.3942.93%
CD3.AXCD Private Equity Fund III15.14%$0.1791.41%
PAGSPagSeguro Digital Ltd.15.12%$1.4619.46%
0912.HKSuga International Holdings Limited15.10%$0.1669.91%
RUI.PARubis15.03%$4.8772.73%
WAM.AXWAM Capital Limited15.01%$0.2767.95%
0113.HKDickson Concepts (International) Limited15.00%$0.8467.46%
0830.HKChina State Construction Development Holdings Limited14.96%$0.1834.59%
FFARM.ASForFarmers N.V.14.96%$0.6785.82%
BM.BKBangkok Sheet Metal Public Company Limited14.94%$0.1777.02%
DGS.TODividend Growth Split Corp.14.90%$1.1529.30%
6110.HKTopsports International Holdings Limited14.83%$0.4376.21%
GLB.AXGlobe International Limited14.83%$0.3872.14%
MOT.AXMetrics Income Opportunities Trust14.82%$0.2879.33%
CIQ-UN.TOCanadian High Income Equity Fund14.80%$1.0424.28%
BBVA.DEBanco Bilbao Vizcaya Argentaria, S.A.14.69%$0.6438.92%
601169.SSBank of Beijing Co., Ltd.14.63%$0.8064.51%
0184.HKKeck Seng Investments (Hong Kong) Limited14.62%$0.3123.90%
0881.HKZhongsheng Group Holdings Limited14.56%$1.7065.93%
6626.HKYuexiu Services Group Limited14.51%$0.3664.32%
ALNU.MEPJSC ALROSA-Nyurba14.51%$9,491.6654.89%
NONG.OLSpareBank 1 Nord-Norge14.36%$21.7372.60%
0640.HKInfinity Development Holdings Company Limited14.32%$0.3651.92%
2558.HKJinshang Bank Co., Ltd.14.28%$0.2031.14%
0270.HKGuangdong Investment Limited14.27%$0.9899.44%
0517.HKCOSCO SHIPPING International (Hong Kong) Co., Ltd.14.01%$0.8888.71%
2560.HKAnhui Conch Material Technology Co Ltd14.01%$0.2449.79%
WTCM.MEJoint Stock Company "World Trade Center Moscow"13.98%$1.9924.33%
6186.HKChina Feihe Limited13.94%$0.5681.20%
601186.SSChina Railway Construction Corporation Limited13.92%$1.0764.40%
CFEB.BRCompagnie d'Entreprises CFE S.A.13.92%$1.2171.32%
PMV.AXPremier Investments Limited13.92%$1.9251.67%
601229.SSBank of Shanghai Co., Ltd.13.82%$1.4093.74%
2120.HKWenzhou Kangning Hospital Co., Ltd.13.78%$1.3769.01%
DLNGDynagas LNG Partners LP13.72%$0.5131.08%
MXT.AXMetrics Master Income Trust13.71%$0.2785.17%
0085.HKChina Electronics Huada Technology Company Limited13.70%$0.1947.52%
0046.HKComputer And Technologies Holdings Limited13.69%$0.2285.50%
601328.SSBank of Communications Co., Ltd.13.66%$0.9992.22%
AKER.OLAker ASA13.66%$106.4372.10%