Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Starts Proceed Investment Corporation (8979.T)

Company Dividend Discount ModelIndustry: REIT - ResidentialSector: Real Estate

Valuation Snapshot

Stable Growth$257,178.63 - $489,573.98$350,827.75
Multi-Stage$355,014.47 - $388,960.88$371,668.52
Blended Fair Value$361,248.14
Current Price$169,400.00
Upside113.25%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.11%0.00%9,988.9310,331.688,336.258,369.248,617.328,168.608,432.967,965.655,034.295,133.42
YoY Growth---3.32%23.94%-0.39%-2.88%5.49%-3.13%5.87%58.23%-1.93%0.00%
Dividend Yield--5.72%4.97%3.52%3.49%4.33%3.89%5.17%5.06%3.18%3.08%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,683.54
(-) Cash Dividends Paid (M)2,961.16
(=) Cash Retained (M)1,722.38
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)936.71585.44351.27
Cash Retained (M)1,722.381,722.381,722.38
(-) Cash Required (M)-936.71-585.44-351.27
(=) Excess Retained (M)785.681,136.941,371.12
(/) Shares Outstanding (M)0.280.280.28
(=) Excess Retained per Share2,781.524,025.104,854.15
LTM Dividend per Share10,483.3510,483.3510,483.35
(+) Excess Retained per Share2,781.524,025.104,854.15
(=) Adjusted Dividend13,264.8614,508.4415,337.50
WACC / Discount Rate7.11%7.11%7.11%
Growth Rate1.86%2.86%3.86%
Fair Value$257,178.63$350,827.75$489,573.98
Upside / Downside51.82%107.10%189.00%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,683.544,817.444,955.165,096.825,242.535,392.405,554.17
Payout Ratio63.22%68.58%73.93%79.29%84.64%90.00%92.50%
Projected Dividends (M)2,961.163,303.793,663.594,041.264,437.534,853.165,137.61

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.11%7.11%7.11%
Growth Rate1.86%2.86%3.86%
Year 1 PV (M)3,054.423,084.413,114.40
Year 2 PV (M)3,131.413,193.203,255.59
Year 3 PV (M)3,193.503,288.493,385.33
Year 4 PV (M)3,241.973,371.173,504.19
Year 5 PV (M)3,278.003,442.103,612.70
PV of Terminal Value (M)84,379.1588,603.2592,994.84
Equity Value (M)100,278.45104,982.60109,867.06
Shares Outstanding (M)0.280.280.28
Fair Value$355,014.47$371,668.52$388,960.88
Upside / Downside109.57%119.40%129.61%

High-Yield Dividend Screener

« Prev Page 20 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PZU.WAPowszechny Zaklad Ubezpieczen S.A.6.34%$4.3461.18%
TIMS3.SATIM S.A.6.34%$1.3782.19%
5027.KLKim Loong Resources Berhad6.33%$0.1590.58%
600177.SSYoungor Group Co.,Ltd6.33%$0.4885.43%
MQG.AXMacquarie Group Limited6.33%$12.8967.45%
1286.HKImpro Precision Industries Limited6.32%$0.3247.46%
2199.HKRegina Miracle International (Holdings) Limited6.32%$0.1551.30%
4331.SRAljazira Mawten REIT Fund6.32%$0.7471.72%
8284.TWOMitake Information Corporation6.32%$3.9988.71%
B7E.DEBlue Cap AG6.32%$1.0945.09%
SHAF.SWSchaeffler AG6.32%$0.4699.67%
2069.TWYuen Chang Stainless Steel Co., Ltd.6.31%$1.1672.53%
603369.SSJiangsu King's Luck Brewery Joint-Stock Co., Ltd.6.31%$2.2095.23%
035600.KQKginicis Co.,Ltd6.30%$640.7433.42%
3859.KLMagnum Berhad6.30%$0.0963.20%
600582.SSTiandi Science & Technology Co.Ltd6.29%$0.3754.45%
6281.TWE-Life Corporation6.29%$3.9796.34%
8953.TJapan Metropolitan Fund Investment Corporation6.29%$7,808.7582.66%
KYE.BKKang Yong Electric Public Company Limited6.29%$17.8046.83%
3130.TW104 Corporation6.28%$14.0798.54%
601658.SSPostal Savings Bank of China Co., Ltd.6.28%$0.3446.63%
005257.KSGreen Cross Holdings Corporation6.27%$1,649.8533.43%
4138.TWODynamic Medical Technologies Inc.6.27%$3.7785.97%
4383.KLJaya Tiasa Holdings Berhad6.27%$0.0740.20%
AH-R.BKAAPICO Hitech Public Company Limited6.27%$0.7935.60%
1093.HKCSPC Pharmaceutical Group Limited6.26%$0.5359.84%
1397.HKBaguio Green Group Limited6.26%$0.0721.64%
005440.KSHyundai Green Food Co.,Ltd.6.25%$501.5314.65%
0506.HKChina Foods Limited6.25%$0.2744.98%
0RFX.LBell Food Group AG6.25%$14.0034.79%
1345.HKShanghai Pioneer Holding Ltd6.25%$0.1461.06%
M-PAT.BKMFC Patong Heritage Property Fund6.25%$0.1267.74%
PRV-UN.TOPro Real Estate Investment Trust6.25%$0.4177.89%
2006.TWTung Ho Steel Enterprise Corporation6.24%$3.9966.06%
600867.SSTonghua Dongbao Pharmaceutical Co., Ltd.6.24%$0.5180.83%
CEKA.JKPT Wilmar Cahaya Indonesia Tbk.6.22%$149.7933.39%
TSFA.FTaiwan Semiconductor Manufacturing Company Limited6.22%$17.0027.78%
002061.SZZhejiang Communications Technology Co., Ltd.6.21%$0.2555.66%
003410.KSSsangYong C&E Co., Ltd.6.21%$434.4384.58%
6170.TWOWelldone Company6.21%$3.0864.20%
7480.TSuzuden Corporation6.21%$104.5987.83%
HMPRO-R.BKHome Product Center Public Company Limited6.21%$0.4187.39%
IPCC.JKPT Indonesia Kendaraan Terminal Tbk6.21%$86.9664.44%
4532.TWRechi Precision Co., Ltd.6.20%$1.5172.65%
OPM.PAOPmobility6.20%$1.0244.93%
BCVN.SWBanque Cantonale Vaudoise6.19%$6.2168.66%
MF.PAWendel6.19%$5.0581.14%
OVS.MIOVS S.p.A.6.19%$0.3079.04%
A5G.IRAIB Group plc6.18%$0.5848.87%
BEK-B.TOThe Becker Milk Company Limited6.18%$0.8047.42%