Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Daiwa Securities Living Investment Corporation (8986.T)

Company Dividend Discount ModelIndustry: REIT - ResidentialSector: Real Estate

Valuation Snapshot

Stable Growth$212,104.09 - $479,726.03$307,980.38
Multi-Stage$241,875.55 - $264,792.90$253,120.84
Blended Fair Value$280,550.61
Current Price$107,400.00
Upside161.22%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS0.00%0.00%0.004,405.754,073.063,918.643,792.472,776.662,700.292,654.712,460.362,369.16
YoY Growth---100.00%8.17%3.94%3.33%36.58%2.83%1.72%7.90%3.85%12.07%
Dividend Yield--0.00%4.54%3.67%3.41%3.39%2.55%2.71%2.95%3.10%2.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)25,833.94
(-) Cash Dividends Paid (M)16,357.62
(=) Cash Retained (M)9,476.32
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,166.793,229.241,937.55
Cash Retained (M)9,476.329,476.329,476.32
(-) Cash Required (M)-5,166.79-3,229.24-1,937.55
(=) Excess Retained (M)4,309.536,247.087,538.78
(/) Shares Outstanding (M)2.402.402.40
(=) Excess Retained per Share1,794.542,601.363,139.24
LTM Dividend per Share6,811.516,811.516,811.51
(+) Excess Retained per Share1,794.542,601.363,139.24
(=) Adjusted Dividend8,606.059,412.879,950.75
WACC / Discount Rate7.12%7.12%7.12%
Growth Rate2.94%3.94%4.94%
Fair Value$212,104.09$307,980.38$479,726.03
Upside / Downside97.49%186.76%346.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)25,833.9426,851.3927,908.9029,008.0630,150.5231,337.9632,278.10
Payout Ratio63.32%68.65%73.99%79.33%84.66%90.00%92.50%
Projected Dividends (M)16,357.6218,434.7320,650.0723,011.3225,526.5328,204.1729,857.25

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.12%7.12%7.12%
Growth Rate2.94%3.94%4.94%
Year 1 PV (M)17,044.6317,210.2117,375.79
Year 2 PV (M)17,653.1917,997.8418,345.82
Year 3 PV (M)18,188.3718,723.6119,269.25
Year 4 PV (M)18,654.9819,390.5120,147.58
Year 5 PV (M)19,057.5520,001.3820,982.25
PV of Terminal Value (M)490,257.45514,537.78539,770.73
Equity Value (M)580,856.16607,861.34635,891.42
Shares Outstanding (M)2.402.402.40
Fair Value$241,875.55$253,120.84$264,792.90
Upside / Downside125.21%135.68%146.55%

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%