Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

YASKAWA Electric Corporation (6506.T)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$36,590.87 - $43,125.56$40,407.85
Multi-Stage$23,214.25 - $25,519.58$24,344.99
Blended Fair Value$32,376.42
Current Price$2,910.00
Upside1,012.59%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS4.84%17.23%66.5464.5458.4138.3238.2452.5446.9330.7920.5222.22
YoY Growth--3.11%10.49%52.41%0.23%-27.22%11.95%52.43%50.01%-7.66%63.73%
Dividend Yield--1.95%1.08%0.99%0.85%0.72%1.36%1.49%0.70%0.86%1.68%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)57,383.00
(-) Cash Dividends Paid (M)17,741.00
(=) Cash Retained (M)39,642.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11,476.607,172.884,303.73
Cash Retained (M)39,642.0039,642.0039,642.00
(-) Cash Required (M)-11,476.60-7,172.88-4,303.73
(=) Excess Retained (M)28,165.4032,469.1335,338.28
(/) Shares Outstanding (M)259.76259.76259.76
(=) Excess Retained per Share108.43125.00136.04
LTM Dividend per Share68.3068.3068.30
(+) Excess Retained per Share108.43125.00136.04
(=) Adjusted Dividend176.73193.30204.34
WACC / Discount Rate2.20%2.20%2.20%
Growth Rate3.52%4.52%5.52%
Fair Value$36,590.87$40,407.85$43,125.56
Upside / Downside1,157.42%1,288.59%1,381.98%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)57,383.0059,978.2562,690.8865,526.1968,489.7371,587.3073,734.92
Payout Ratio30.92%42.73%54.55%66.37%78.18%90.00%92.50%
Projected Dividends (M)17,741.0025,630.7834,197.9343,487.5953,547.5764,428.5768,204.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.20%2.20%2.20%
Growth Rate3.52%4.52%5.52%
Year 1 PV (M)24,839.9225,079.8625,319.81
Year 2 PV (M)32,120.0732,743.6133,373.14
Year 3 PV (M)39,584.9640,743.2241,923.85
Year 4 PV (M)47,238.1649,090.0150,995.78
Year 5 PV (M)55,083.3157,795.6560,613.80
PV of Terminal Value (M)5,831,180.136,118,311.836,416,644.62
Equity Value (M)6,030,046.556,323,764.186,628,871.00
Shares Outstanding (M)259.76259.76259.76
Fair Value$23,214.25$24,344.99$25,519.58
Upside / Downside697.74%736.60%776.96%

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