Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

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

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

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%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2022202120202019201820172016201520142013
DPS9.09%13.02%33.9931.9932.9933.9930.0022.0014.0012.0010.999.99
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
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,290.201,431.38858.83
Cash Retained (M)10,544.0010,544.0010,544.00
(-) Cash Required (M)-2,290.20-1,431.38-858.83
(=) Excess Retained (M)8,253.809,112.639,685.18
(/) Shares Outstanding (M)106.87106.87106.87
(=) Excess Retained per Share77.2385.2690.62
LTM Dividend per Share8.498.498.49
(+) Excess Retained per Share77.2385.2690.62
(=) Adjusted Dividend85.7293.7599.11
WACC / Discount Rate9.91%9.91%9.91%
Growth Rate0.79%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)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)11,451.0011,655.9911,864.6612,077.0612,293.2612,513.3312,888.73
Payout Ratio7.92%24.34%40.75%57.17%73.58%90.00%92.50%
Projected Dividends (M)907.002,836.674,835.146,904.259,045.8911,262.0011,922.08

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.91%9.91%9.91%
Growth Rate0.79%1.79%2.79%
Year 1 PV (M)2,555.622,580.972,606.33
Year 2 PV (M)3,924.484,002.744,081.78
Year 3 PV (M)5,048.675,200.445,355.22
Year 4 PV (M)5,959.356,199.406,446.63
Year 5 PV (M)6,684.217,022.457,374.24
PV of Terminal Value (M)102,446.47107,630.49113,022.27
Equity Value (M)126,618.81132,636.50138,886.47
Shares Outstanding (M)106.87106.87106.87
Fair Value$1,184.74$1,241.05$1,299.53
Upside / Downside-5.90%-1.43%3.22%

High-Yield Dividend Screener

« Prev Page 23 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002293.SZLuolai Lifestyle Technology Co., Ltd.5.90%$0.6198.42%
KLBN11.SAKlabin S.A.5.90%$1.1379.59%
T9Z.DEZumtobel Group AG5.89%$0.2568.81%
4006.KLOriental Holdings Berhad5.88%$0.4091.37%
7231.KLWellcall Holdings Berhad5.88%$0.0898.90%
ALBAV.HEÅlandsbanken Abp5.88%$2.8380.11%
HSPG.OLHøland og Setskog Sparebank5.88%$9.009.64%
TAEE3.SATransmissora Aliança de Energia Elétrica S.A.5.88%$0.8249.16%
095570.KSAJ Networks Co.,Ltd.5.87%$269.8946.78%
CONSTI.HEConsti Oyj5.87%$0.6379.88%
DEDI.STDedicare AB (publ)5.87%$2.5059.86%
SUC.BKSaha-Union Public Company Limited5.87%$1.6026.76%
0QQF.LMikron Holding AG5.85%$1.2032.60%
0RNX.LAmbea AB (publ)5.85%$2.1927.21%
3459.TSamty Residential Investment Corporation5.85%$6,816.2884.59%
PLAT.ATThrace Plastics Holding Company S.A.5.85%$0.2485.91%
7229.KLFavelle Favco Berhad5.84%$0.0931.57%
M-II.BKMFC Industrial Investment Property and Leasehold Fund5.83%$0.3544.44%
NOHO.HENoHo Partners Oyj5.83%$0.4829.48%
0QN7.LVaudoise Assurances Holding S.A.5.82%$42.4142.05%
4164.SRNahdi Medical Company5.81%$5.6089.58%
5511.TWOTe Chang Construction Co., Ltd.5.81%$3.7946.23%
PPA.ATPiraeus Port Authority S.A.5.81%$2.3838.50%
WHA-R.BKWHA Corporation Public Company Limited5.81%$0.1957.71%
MULTI.OLMulticonsult ASA5.80%$10.1891.58%
QIMD.QAQatar Industrial Manufacturing Company Q.P.S.C.5.80%$0.1448.99%
000791.SZGEPIC Energy Development Co., Ltd.5.79%$0.3746.47%
0NFS.LEsprinet S.p.A.5.79%$0.3693.72%
MYS.AXMyState Limited5.79%$0.2670.40%
5299.TWOExcelliance MOS Corporation5.78%$4.1493.57%
8987.TJapan Excellent, Inc.5.78%$8,618.1168.54%
9528.SRGas Arabian Services Company5.78%$0.9877.70%
PLS.AXPLS Group Limited5.78%$0.2556.17%
1104.HKAPAC Resources Limited5.77%$0.1533.87%
9525.SRAlwasail Industrial Company5.77%$0.2085.38%
CBA.AXCommonwealth Bank of Australia5.77%$9.3079.76%
GSLGlobal Ship Lease, Inc.5.77%$2.0117.72%
5138.KLHap Seng Plantations Holdings Berhad5.76%$0.1355.68%
601088.SSChina Shenhua Energy Company Limited5.76%$2.3381.35%
ALI.AXArgo Global Listed Infrastructure Limited5.76%$0.1510.56%
000755.SZShanxi Hi-speed Group Co., Ltd.5.75%$0.2989.22%
EELT.MEEuropean Eltech Public Joint Stock Company5.75%$0.5236.41%
1846.HKEuroEyes International Eye Clinic Limited5.74%$0.1729.90%
9296.KLRCE Capital Berhad5.74%$0.0692.92%
BELA.ATJumbo S.A.5.74%$1.6068.01%
GRP-UNGranite Real Estate Investment Trust5.74%$3.4071.71%
6199.HKBank of Guizhou Co., Ltd.5.73%$0.0624.27%
6581.TWTaiwan Steel Union Co., Ltd5.73%$5.9988.31%
HAIS.JKPT Hasnur Internasional Shipping Tbk5.73%$15.3740.52%
HTSC.LHuatai Securities Co., Ltd.5.73%$1.2668.65%