DDM Analysis: 7224.T

Valuation Snapshot

Stable Growth	$2,054.40 - $3,980.32	$2,821.38
Multi-Stage	$3,273.55 - $3,595.25	$3,431.33
Blended Fair Value	$3,126.35
Current Price	$1,852.00
Upside	68.81%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	-11.62%	9.70%	49.44	46.39	43.84	37.81	39.78	91.71	48.55	20.21	20.65	22.62
YoY Growth	-	-	6.59%	5.80%	15.97%	-4.94%	-56.63%	88.91%	140.19%	-2.12%	-8.70%	15.44%
Dividend Yield	-	-	3.06%	3.24%	3.25%	3.50%	4.15%	9.08%	3.49%	1.55%	2.18%	3.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	8,567.00
(-) Cash Dividends Paid (M)	3,436.00
(=) Cash Retained (M)	5,131.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,713.40	1,070.88	642.53
Cash Retained (M)	5,131.00	5,131.00	5,131.00
(-) Cash Required (M)	-1,713.40	-1,070.88	-642.53
(=) Excess Retained (M)	3,417.60	4,060.13	4,488.48
(/) Shares Outstanding (M)	66.10	66.10	66.10
(=) Excess Retained per Share	51.71	61.43	67.91
LTM Dividend per Share	51.98	51.98	51.98
(+) Excess Retained per Share	51.71	61.43	67.91
(=) Adjusted Dividend	103.69	113.41	119.89
WACC / Discount Rate	6.34%	6.34%	6.34%
Growth Rate	1.23%	2.23%	3.23%
Fair Value	$2,054.40	$2,821.38	$3,980.32
Upside / Downside	10.93%	52.34%	114.92%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	8,567.00	8,758.47	8,954.21	9,154.33	9,358.93	9,568.09	9,855.14
Payout Ratio	40.11%	50.09%	60.06%	70.04%	80.02%	90.00%	92.50%
Projected Dividends (M)	3,436.00	4,386.76	5,378.30	6,411.97	7,489.15	8,611.28	9,116.00

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.34%	6.34%	6.34%
Growth Rate	1.23%	2.23%	3.23%
Year 1 PV (M)	4,084.70	4,125.04	4,165.39
Year 2 PV (M)	4,663.12	4,755.70	4,849.19
Year 3 PV (M)	5,176.54	5,331.46	5,489.44
Year 4 PV (M)	5,629.85	5,855.61	6,088.10
Year 5 PV (M)	6,027.65	6,331.30	6,647.06
PV of Terminal Value (M)	190,788.95	200,400.04	210,394.61
Equity Value (M)	216,370.81	226,799.16	237,633.80
Shares Outstanding (M)	66.10	66.10	66.10
Fair Value	$3,273.55	$3,431.33	$3,595.25
Upside / Downside	76.76%	85.28%	94.13%

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

Periods / Units / Analysis

Fundamentals

Valuations

Mode

Miscellaneous

Ticker

Industry

Sector

ShinMaywa Industries, Ltd. (7224.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener