DDM Analysis: 3843.T

Valuation Snapshot

Stable Growth	$6,234.94 - $26,962.82	$15,126.06
Multi-Stage	$3,128.26 - $3,423.73	$3,273.29
Blended Fair Value	$9,199.67
Current Price	$1,517.00
Upside	506.44%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	28.11%	14.78%	26.51	7.85	6.95	7.22	7.54	7.68	7.69	7.75	7.68	7.73
YoY Growth	-	-	237.72%	12.97%	-3.75%	-4.28%	-1.83%	-0.06%	-0.87%	0.99%	-0.69%	15.73%
Dividend Yield	-	-	1.75%	0.57%	0.59%	0.81%	0.97%	1.04%	0.70%	0.75%	0.86%	0.99%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	2,749.30
(-) Cash Dividends Paid (M)	537.00
(=) Cash Retained (M)	2,212.30

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	549.86	343.66	206.20
Cash Retained (M)	2,212.30	2,212.30	2,212.30
(-) Cash Required (M)	-549.86	-343.66	-206.20
(=) Excess Retained (M)	1,662.44	1,868.63	2,006.10
(/) Shares Outstanding (M)	20.28	20.28	20.28
(=) Excess Retained per Share	81.98	92.15	98.93
LTM Dividend per Share	26.48	26.48	26.48
(+) Excess Retained per Share	81.98	92.15	98.93
(=) Adjusted Dividend	108.46	118.63	125.41
WACC / Discount Rate	7.34%	7.34%	7.34%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$6,234.94	$15,126.06	$26,962.82
Upside / Downside	311.00%	897.10%	1,677.38%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	2,749.30	2,928.00	3,118.32	3,321.01	3,536.88	3,766.77	3,879.78
Payout Ratio	19.53%	33.63%	47.72%	61.81%	75.91%	90.00%	92.50%
Projected Dividends (M)	537.00	984.56	1,488.04	2,052.81	2,684.72	3,390.10	3,588.79

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.34%	7.34%	7.34%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	908.67	917.28	925.89
Year 2 PV (M)	1,267.47	1,291.61	1,315.98
Year 3 PV (M)	1,613.73	1,660.05	1,707.26
Year 4 PV (M)	1,947.78	2,022.69	2,099.73
Year 5 PV (M)	2,269.94	2,379.58	2,493.41
PV of Terminal Value (M)	55,428.93	58,106.16	60,885.87
Equity Value (M)	63,436.51	66,377.37	69,428.14
Shares Outstanding (M)	20.28	20.28	20.28
Fair Value	$3,128.26	$3,273.29	$3,423.73
Upside / Downside	106.21%	115.77%	125.69%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 21 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
GATX	GATX Corporation	1.45%	$2.47	28.36%
SF	Stifel Financial Corp.	1.45%	$1.86	30.82%
0HFN.L	Analog Devices, Inc.	1.44%	$3.90	84.88%
HAYN	Haynes International, Inc.	1.44%	$0.88	30.16%
0I58.L	Cummins Inc.	1.43%	$7.42	38.53%
0HRJ.L	CSX Corporation	1.42%	$0.51	33.32%
OLED	Universal Display Corporation	1.42%	$1.73	37.24%
BBW	Build-A-Bear Workshop, Inc.	1.41%	$0.86	19.50%
LBC	Luther Burbank Corporation	1.41%	$0.13	17.07%
SNDR	Schneider National, Inc.	1.41%	$0.38	58.72%
0R13.L	Church & Dwight Co., Inc.	1.40%	$1.16	36.55%
COHN	Cohen & Company Inc.	1.40%	$0.35	48.05%
HLI	Houlihan Lokey, Inc.	1.40%	$2.48	39.81%
PATK	Patrick Industries, Inc.	1.40%	$1.54	44.05%
CXT	Crane NXT, Co.	1.39%	$0.66	24.82%
ESBA	Empire State Realty OP, L.P.	1.39%	$0.09	49.94%
MMS	Maximus, Inc.	1.39%	$1.21	21.54%
WYNN	Wynn Resorts, Limited	1.39%	$1.70	34.98%
ATEN	A10 Networks, Inc.	1.38%	$0.24	34.61%
HYAC	Haymaker Acquisition Corp. III	1.38%	$0.16	37.41%
ISTR	Investar Holding Corporation	1.38%	$0.36	18.11%
MCY	Mercury General Corporation	1.38%	$1.27	16.00%
ACU	Acme United Corporation	1.37%	$0.55	28.31%
DE	Deere & Company	1.36%	$6.34	34.22%
HYAC-UN	Haymaker Acquisition Corp. 4	1.36%	$0.16	37.41%
RTX	RTX Corporation	1.36%	$2.56	52.52%
0HIN.L	Assurant, Inc.	1.35%	$3.22	19.47%
AL	Air Lease Corporation	1.35%	$0.86	9.51%
BGCP	BGC Partners, Inc.	1.34%	$0.06	11.88%
ESRT	Empire State Realty Trust, Inc.	1.34%	$0.09	49.94%
HUM	Humana Inc.	1.34%	$3.55	33.23%
ZEUS	Olympic Steel, Inc.	1.34%	$0.59	50.16%
0K9L.L	Nucor Corporation	1.33%	$2.22	31.04%
BY	Byline Bancorp, Inc.	1.33%	$0.39	13.97%
LPX	Louisiana-Pacific Corporation	1.33%	$1.09	35.19%
OPOF	Old Point Financial Corporation	1.33%	$0.56	32.91%
WSM	Williams-Sonoma, Inc.	1.33%	$2.50	27.85%
RUSHA	Rush Enterprises, Inc.	1.32%	$0.71	21.15%
VLEOX	Value Line Small Cap Opportunities Fund, Inc. Investor Class	1.32%	$0.79	56.29%
0IW7.L	Global Payments Inc.	1.31%	$1.01	13.82%
APO	Apollo Global Management, Inc.	1.31%	$1.92	27.59%
EMP	Entergy Mississippi, Inc. 1M BD 66	1.31%	$0.27	6.72%
NDSN	Nordson Corporation	1.31%	$3.15	36.67%
ROK	Rockwell Automation, Inc.	1.31%	$5.23	68.01%
UMBF	UMB Financial Corporation	1.31%	$1.52	18.87%
0L3I.L	The Charles Schwab Corporation	1.30%	$1.29	28.42%
0R2X.L	Corning Incorporated	1.30%	$1.15	72.69%
EBAY	eBay Inc.	1.30%	$1.13	24.20%
GGG	Graco Inc.	1.30%	$1.07	36.31%
HES	Hess Corporation	1.30%	$1.94	26.90%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

FreeBit Co., Ltd. (3843.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener