Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Kyodo Printing Co., Ltd. (7914.T)

Company Dividend Discount ModelIndustry: Specialty Business ServicesSector: Industrials

Valuation Snapshot

Stable Growth$1,378.52 - $2,200.21$1,751.50
Multi-Stage$2,881.47 - $3,172.43$3,024.10
Blended Fair Value$2,387.80
Current Price$1,505.00
Upside58.66%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-1.88%1.21%27.9327.8629.0929.4130.4730.7231.0727.8624.7624.76
YoY Growth--0.25%-4.24%-1.08%-3.47%-0.80%-1.14%11.52%12.54%0.00%0.00%
Dividend Yield--2.15%2.91%3.68%4.75%4.60%4.31%4.44%3.89%2.59%3.15%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,792.00
(-) Cash Dividends Paid (M)1,034.00
(=) Cash Retained (M)2,758.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)758.40474.00284.40
Cash Retained (M)2,758.002,758.002,758.00
(-) Cash Required (M)-758.40-474.00-284.40
(=) Excess Retained (M)1,999.602,284.002,473.60
(/) Shares Outstanding (M)28.3628.3628.36
(=) Excess Retained per Share70.5280.5487.23
LTM Dividend per Share36.4636.4636.46
(+) Excess Retained per Share70.5280.5487.23
(=) Adjusted Dividend106.98117.01123.69
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate-1.22%-0.22%0.78%
Fair Value$1,378.52$1,751.50$2,200.21
Upside / Downside-8.40%16.38%46.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,792.003,783.743,775.503,767.283,759.073,750.883,863.41
Payout Ratio27.27%39.81%52.36%64.91%77.45%90.00%92.50%
Projected Dividends (M)1,034.001,506.471,976.882,445.232,911.543,375.803,573.65

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate-1.22%-0.22%0.78%
Year 1 PV (M)1,401.031,415.221,429.40
Year 2 PV (M)1,709.841,744.631,779.78
Year 3 PV (M)1,966.902,027.242,088.81
Year 4 PV (M)2,178.072,267.622,359.90
Year 5 PV (M)2,348.632,469.942,596.21
PV of Terminal Value (M)72,105.2275,829.5879,706.26
Equity Value (M)81,709.7085,754.2389,960.35
Shares Outstanding (M)28.3628.3628.36
Fair Value$2,881.47$3,024.10$3,172.43
Upside / Downside91.46%100.94%110.79%

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