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 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%