DDM Analysis: 9064.T

Valuation Snapshot

Stable Growth	$1,514.98 - $2,533.68	$1,962.91
Multi-Stage	$2,479.47 - $2,723.01	$2,598.90
Blended Fair Value	$2,280.91
Current Price	$1,930.00
Upside	18.18%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	6.68%	4.61%	47.42	49.34	50.36	59.06	47.89	34.32	33.14	31.95	33.50	32.05
YoY Growth	-	-	-3.88%	-2.02%	-14.74%	23.32%	39.53%	3.59%	3.71%	-4.62%	4.50%	6.06%
Dividend Yield	-	-	2.46%	2.82%	1.93%	2.72%	1.52%	1.47%	1.47%	0.98%	1.47%	1.37%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	42,626.00
(-) Cash Dividends Paid (M)	15,409.00
(=) Cash Retained (M)	27,217.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	8,525.20	5,328.25	3,196.95
Cash Retained (M)	27,217.00	27,217.00	27,217.00
(-) Cash Required (M)	-8,525.20	-5,328.25	-3,196.95
(=) Excess Retained (M)	18,691.80	21,888.75	24,020.05
(/) Shares Outstanding (M)	333.02	333.02	333.02
(=) Excess Retained per Share	56.13	65.73	72.13
LTM Dividend per Share	46.27	46.27	46.27
(+) Excess Retained per Share	56.13	65.73	72.13
(=) Adjusted Dividend	102.40	112.00	118.40
WACC / Discount Rate	7.14%	7.14%	7.14%
Growth Rate	0.35%	1.35%	2.35%
Fair Value	$1,514.98	$1,962.91	$2,533.68
Upside / Downside	-21.50%	1.71%	31.28%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	42,626.00	43,203.39	43,788.61	44,381.75	44,982.92	45,592.24	46,960.01
Payout Ratio	36.15%	46.92%	57.69%	68.46%	79.23%	90.00%	92.50%
Projected Dividends (M)	15,409.00	20,270.79	25,261.46	30,383.62	35,639.91	41,033.02	43,438.01

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.14%	7.14%	7.14%
Growth Rate	0.35%	1.35%	2.35%
Year 1 PV (M)	18,733.67	18,920.35	19,107.02
Year 2 PV (M)	21,575.61	22,007.74	22,444.15
Year 3 PV (M)	23,982.61	24,706.71	25,445.25
Year 4 PV (M)	25,998.35	27,050.20	28,133.65
Year 5 PV (M)	27,662.72	29,068.71	30,531.30
PV of Terminal Value (M)	707,771.12	743,744.47	781,165.88
Equity Value (M)	825,724.09	865,498.18	906,827.26
Shares Outstanding (M)	333.02	333.02	333.02
Fair Value	$2,479.47	$2,598.90	$2,723.01
Upside / Downside	28.47%	34.66%	41.09%

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

Yamato Holdings Co., Ltd. (9064.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener