DDM Analysis: 6641.T

Valuation Snapshot

Stable Growth	$947.62 - $1,431.45	$1,175.70
Multi-Stage	$1,184.74 - $1,299.53	$1,241.05
Blended Fair Value	$1,208.38
Current Price	$1,259.00
Upside	-4.02%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
DPS	9.09%	13.02%	33.99	31.99	32.99	33.99	30.00	22.00	14.00	12.00	10.99	9.99
YoY Growth	-	-	6.26%	-3.03%	-2.95%	13.32%	36.37%	57.15%	16.69%	9.11%	10.02%	0.00%
Dividend Yield	-	-	2.23%	2.28%	3.15%	2.84%	2.94%	1.85%	0.93%	1.38%	1.65%	1.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	11,451.00
(-) Cash Dividends Paid (M)	907.00
(=) Cash Retained (M)	10,544.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	2,290.20	1,431.38	858.83
Cash Retained (M)	10,544.00	10,544.00	10,544.00
(-) Cash Required (M)	-2,290.20	-1,431.38	-858.83
(=) Excess Retained (M)	8,253.80	9,112.63	9,685.18
(/) Shares Outstanding (M)	106.87	106.87	106.87
(=) Excess Retained per Share	77.23	85.26	90.62
LTM Dividend per Share	8.49	8.49	8.49
(+) Excess Retained per Share	77.23	85.26	90.62
(=) Adjusted Dividend	85.72	93.75	99.11
WACC / Discount Rate	9.91%	9.91%	9.91%
Growth Rate	0.79%	1.79%	2.79%
Fair Value	$947.62	$1,175.70	$1,431.45
Upside / Downside	-24.73%	-6.62%	13.70%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	11,451.00	11,655.99	11,864.66	12,077.06	12,293.26	12,513.33	12,888.73
Payout Ratio	7.92%	24.34%	40.75%	57.17%	73.58%	90.00%	92.50%
Projected Dividends (M)	907.00	2,836.67	4,835.14	6,904.25	9,045.89	11,262.00	11,922.08

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.91%	9.91%	9.91%
Growth Rate	0.79%	1.79%	2.79%
Year 1 PV (M)	2,555.62	2,580.97	2,606.33
Year 2 PV (M)	3,924.48	4,002.74	4,081.78
Year 3 PV (M)	5,048.67	5,200.44	5,355.22
Year 4 PV (M)	5,959.35	6,199.40	6,446.63
Year 5 PV (M)	6,684.21	7,022.45	7,374.24
PV of Terminal Value (M)	102,446.47	107,630.49	113,022.27
Equity Value (M)	126,618.81	132,636.50	138,886.47
Shares Outstanding (M)	106.87	106.87	106.87
Fair Value	$1,184.74	$1,241.05	$1,299.53
Upside / Downside	-5.90%	-1.43%	3.22%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 22 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
TC.BK	Tropical Canning (Thailand) Public Company Limited	6.05%	$0.30	42.33%
8984.T	Daiwa House REIT Investment Corporation	6.04%	$8,653.99	81.69%
0R40.L	Rai Way S.p.A.	6.03%	$0.33	99.60%
3600.HK	Modern Dental Group Limited	6.03%	$0.32	34.31%
003460.KS	Yuhwa Securities co.,ltd.	6.02%	$162.45	83.00%
298540.KQ	The Nature Holdings Co., Ltd.	6.02%	$521.44	76.58%
6263.TWO	Planet Technology Corporation	6.02%	$7.86	95.87%
NZX.NZ	NZX Limited	6.02%	$0.09	77.46%
WLMM3.SA	WLM Participações e Comércio de Máquinas e Veículos S.A.	6.02%	$1.23	40.06%
1760.HK	Intron Technology Holdings Limited	6.01%	$0.12	30.56%
5209.KL	Gas Malaysia Berhad	6.01%	$0.26	82.61%
ALLAN.PA	Lanson-BCC	6.01%	$1.96	26.09%
QAMC.QA	Qatar Aluminium Manufacturing Company Q.P.S.C.	6.00%	$0.10	74.36%
0237.HK	Safety Godown Company, Limited	5.99%	$0.12	71.07%
8986.T	Daiwa Securities Living Investment Corporation	5.99%	$6,829.90	63.32%
ASX.AX	ASX Limited	5.99%	$3.08	67.16%
MKP.TO	MCAN Mortgage Corporation	5.99%	$1.35	74.01%
0QMU.L	Compagnie Financière Richemont S.A.	5.98%	$6.91	67.79%
8924.TWO	O-TA Precision Industry Co., Ltd.	5.98%	$4.29	80.38%
FMTY14.MX	Fibra Mty, S.A.P.I. de C.V.	5.98%	$0.93	46.45%
HUMAN.BK	Humanica Public Company Limited	5.98%	$0.30	74.76%
603368.SS	Guangxi LiuYao Group Co., Ltd	5.97%	$1.06	53.83%
6069.HK	SY Holdings Group Limited	5.97%	$0.67	97.72%
ASII.JK	PT Astra International Tbk	5.97%	$405.75	50.28%
PXT.TO	Parex Resources Inc.	5.97%	$1.12	86.22%
SB	Safe Bulkers, Inc.	5.97%	$0.29	64.01%
1562.KL	Sports Toto Berhad	5.96%	$0.08	49.23%
8442.TW	WW Holding Inc.	5.96%	$4.19	72.79%
NTV.BK	Nonthavej Hospital Public Company Limited	5.96%	$1.37	66.11%
WLE.AX	WAM Leaders Limited	5.96%	$0.08	8.04%
094280.KS	Hyosung ITX Co. Ltd.	5.95%	$751.76	70.97%
O3P.DE	Österreichische Post AG	5.95%	$1.88	98.14%
PWO.DE	PWO AG	5.95%	$1.75	48.89%
0898.HK	Multifield International Holdings Limited	5.94%	$0.06	9.32%
1155.KL	Malayan Banking Berhad	5.94%	$0.62	72.18%
PORT3.SA	Wilson Sons S.A.	5.94%	$1.11	73.49%
009680.KS	Motonic Corporation	5.93%	$599.08	42.49%
3010.SR	Arabian Cement Company	5.93%	$1.29	91.83%
PGW.NZ	PGG Wrightson Limited	5.93%	$0.13	70.38%
0GX2.L	Neurones S.A.	5.92%	$2.49	61.25%
4012.SR	Thob Al Aseel Company	5.92%	$0.20	89.05%
9585.SR	Mulkia Investment Co.	5.92%	$2.01	37.97%
HEN.DE	Henkel AG & Co. KGaA	5.92%	$3.87	41.88%
KKP.BK	Kiatnakin Phatra Bank Public Company Limited	5.92%	$4.02	63.80%
030000.KS	Cheil Worldwide Inc.	5.91%	$1,232.93	68.46%
0RCW.L	Kid ASA	5.91%	$8.00	99.60%
ARSA.ME	Arsagera Asset Management	5.91%	$0.50	52.65%
DBM.TO	Doman Building Materials Group Ltd.	5.91%	$0.56	65.99%
DU.AE	Emirates Integrated Telecommunications Company PJSC	5.91%	$0.58	95.05%
NXR-UN.TO	Nexus Industrial REIT	5.91%	$0.47	57.77%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Nissin Electric Co., Ltd. (6641.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener