Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Search

KYB Corporation (7242.T)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$6,338.01 - $10,562.70$8,200.14
Multi-Stage$11,883.00 - $13,073.45$12,466.67
Blended Fair Value$10,333.40
Current Price$3,925.00
Upside163.27%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS0.00%8.82%120.43137.0186.2467.010.000.0041.3972.4156.9062.09
YoY Growth---12.10%58.86%28.71%0.00%0.00%-100.00%-42.84%27.26%-8.35%20.00%
Dividend Yield--4.04%5.03%3.42%4.33%0.00%0.00%2.62%2.87%1.98%3.77%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)26,852.00
(-) Cash Dividends Paid (M)6,361.00
(=) Cash Retained (M)20,491.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,370.403,356.502,013.90
Cash Retained (M)20,491.0020,491.0020,491.00
(-) Cash Required (M)-5,370.40-3,356.50-2,013.90
(=) Excess Retained (M)15,120.6017,134.5018,477.10
(/) Shares Outstanding (M)49.3849.3849.38
(=) Excess Retained per Share306.19346.97374.16
LTM Dividend per Share128.81128.81128.81
(+) Excess Retained per Share306.19346.97374.16
(=) Adjusted Dividend435.00475.78502.97
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate-0.30%0.70%1.70%
Fair Value$6,338.01$8,200.14$10,562.70
Upside / Downside61.48%108.92%169.11%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)26,852.0027,039.1927,227.6927,417.5127,608.6427,801.1128,635.14
Payout Ratio23.69%36.95%50.21%63.48%76.74%90.00%92.50%
Projected Dividends (M)6,361.009,991.3313,671.9717,403.4421,186.2725,021.0026,487.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate-0.30%0.70%1.70%
Year 1 PV (M)9,284.919,378.049,471.17
Year 2 PV (M)11,807.0012,045.0412,285.46
Year 3 PV (M)13,966.8214,391.3314,824.35
Year 4 PV (M)15,800.5216,444.0617,107.06
Year 5 PV (M)17,341.0618,228.3719,151.64
PV of Terminal Value (M)518,619.68545,156.48572,768.59
Equity Value (M)586,819.99615,643.32645,608.28
Shares Outstanding (M)49.3849.3849.38
Fair Value$11,883.00$12,466.67$13,073.45
Upside / Downside202.75%217.62%233.08%

High-Yield Dividend Screener

« Prev Page 2 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
GHYPGIM Global High Yield Fund, Inc15.29%$1.8962.38%
BGRBlackRock Energy and Resources Trust15.26%$2.1298.26%
BOEBlackRock Enhanced Global Dividend Trust15.09%$1.7867.28%
FENFirst Trust Energy Income and Growth Fund15.00%$2.4049.79%
SOJESouthern Company (The) Series 214.95%$2.6967.01%
PSFCohen & Steers Select Preferred and Income Fund, Inc.14.84%$3.0256.28%
EVGEaton Vance Short Duration Diversified Income Fund14.82%$1.6271.62%
LDPCohen & Steers Limited Duration Preferred and Income Fund, Inc.14.73%$3.1554.69%
DNPDNP Select Income Fund Inc.14.64%$1.4553.01%
JRSNuveen Real Estate Income Fund14.56%$1.1189.79%
DPGDuff & Phelps Utility and Infrastructure Fund Inc.14.47%$1.8654.60%
BSTBlackRock Science and Technology Trust14.42%$5.8646.91%
MPAIXMorgan Stanley Insti Fd Advantage Portfolio Cl I14.33%$4.0043.20%
JCAPJefferson Capital, Inc. Common Stock14.11%$3.1245.65%
PHTPioneer High Income Fund, Inc.13.99%$1.1961.96%
RZC7.125% Fixed-Rate Reset Subordinated Debentures due 205213.93%$3.5527.34%
RNPCohen & Steers REIT and Preferred Income Fund, Inc.13.88%$2.7761.92%
DOMHDominari Holdings Inc.13.87%$0.7010.86%
STT-PDState Street Corporation13.86%$3.4633.48%
FCTFirst Trust Senior Floating Rate Income Fund II13.80%$1.3867.42%
VIRTVirtu Financial, Inc.13.57%$4.4389.50%
DHFBNY Mellon High Yield Strategies Fund13.55%$0.3461.16%
JHIJohn Hancock Investors Trust13.15%$1.7974.97%
AIOVirtus Artificial Intelligence & Technology Opportunities Fund12.91%$2.8238.01%
UTFCohen & Steers Infrastructure Fund, Inc12.84%$3.1453.56%
DFPFlaherty & Crumrine Dynamic Preferred and Income Fund Inc.12.81%$2.6848.05%
WEAWestern Asset Premier Bond Fund12.81%$1.4380.16%
TPZTortoise Essential Energy Fund12.76%$2.6467.76%
FTFranklin Universal Trust12.72%$1.0256.42%
CSQCalamos Strategic Total Return Fund12.70%$2.4351.10%
HYBThe New America High Income Fund Inc.12.68%$1.0463.42%
NBBNuveen Taxable Municipal Income Fund12.66%$2.0085.04%
RWAYRunway Growth Finance Corp.12.66%$1.1475.51%
ELVTElevate Credit, Inc.12.61%$0.2475.91%
NDPTortoise Energy Independence Fund, Inc.12.60%$5.0986.32%
BCEICivitas Resources, Inc.12.58%$7.0698.41%
GENVRGen Digital Inc. Contingent Value Rights12.54%$0.5054.91%
SOJCThe Southern Company JR 2017B NT 7712.31%$2.6967.01%
BTOJohn Hancock Financial Opportunities Fund12.25%$4.3229.72%
FEIFirst Trust MLP and Energy Income Fund12.21%$1.2058.56%
PCNPIMCO Corporate & Income Strategy Fund12.19%$1.5568.95%
HTDJohn Hancock Tax-Advantaged Dividend Income Fund12.17%$2.9051.08%
NIEVirtus Equity & Convertible Income Fund12.17%$3.0445.26%
PFDFlaherty & Crumrine Preferred Income Fund Inc.11.99%$1.4348.51%
TYGTortoise Energy Infrastructure Corporation11.98%$4.9643.95%
FPLFirst Trust New Opportunities MLP & Energy Fund11.82%$0.9254.20%
BTZBlackRock Credit Allocation Income Trust11.69%$1.2692.75%
BHBFXMadison Dividend Income Fd Cl Y11.61%$2.8540.22%
CGABLThe Carlyle Group Inc. 4.625% Subordinated Notes due 206111.57%$2.0197.92%
DBLDoubleLine Opportunistic Credit Fund11.57%$1.7652.03%