DDM Analysis: 4617.T

Valuation Snapshot

Stable Growth	$19,514.51 - $45,343.61	$42,493.60
Multi-Stage	$6,732.89 - $7,368.16	$7,044.69
Blended Fair Value	$24,769.15
Current Price	$2,708.00
Upside	814.67%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	15.84%	17.33%	85.84	51.90	35.72	36.61	39.63	41.15	46.33	25.07	22.59	21.36
YoY Growth	-	-	65.41%	45.29%	-2.42%	-7.63%	-3.68%	-11.19%	84.79%	10.98%	5.76%	23.00%
Dividend Yield	-	-	3.17%	2.59%	2.95%	4.16%	4.62%	5.14%	4.85%	2.27%	2.61%	3.41%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	11,304.00
(-) Cash Dividends Paid (M)	4,795.00
(=) Cash Retained (M)	6,509.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	2,260.80	1,413.00	847.80
Cash Retained (M)	6,509.00	6,509.00	6,509.00
(-) Cash Required (M)	-2,260.80	-1,413.00	-847.80
(=) Excess Retained (M)	4,248.20	5,096.00	5,661.20
(/) Shares Outstanding (M)	49.58	49.58	49.58
(=) Excess Retained per Share	85.69	102.79	114.19
LTM Dividend per Share	96.71	96.71	96.71
(+) Excess Retained per Share	85.69	102.79	114.19
(=) Adjusted Dividend	182.40	199.50	210.90
WACC / Discount Rate	6.49%	6.49%	6.49%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$19,514.51	$42,493.60	$45,343.61
Upside / Downside	620.62%	1,469.19%	1,574.43%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	11,304.00	12,038.76	12,821.28	13,654.66	14,542.22	15,487.46	15,952.08
Payout Ratio	42.42%	51.93%	61.45%	70.97%	80.48%	90.00%	92.50%
Projected Dividends (M)	4,795.00	6,252.32	7,878.83	9,690.37	11,704.12	13,938.71	14,755.68

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.49%	6.49%	6.49%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	5,816.36	5,871.49	5,926.62
Year 2 PV (M)	6,818.38	6,948.25	7,079.35
Year 3 PV (M)	7,801.35	8,025.30	8,253.50
Year 4 PV (M)	8,765.53	9,102.63	9,449.36
Year 5 PV (M)	9,711.19	10,180.24	10,667.25
PV of Terminal Value (M)	294,896.13	309,139.73	323,928.46
Equity Value (M)	333,808.95	349,267.64	365,304.53
Shares Outstanding (M)	49.58	49.58	49.58
Fair Value	$6,732.89	$7,044.69	$7,368.16
Upside / Downside	148.63%	160.14%	172.09%

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

Chugoku Marine Paints, Ltd. (4617.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener