Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

TORIDOLL Holdings Corporation (3397.T)

Company Dividend Discount ModelIndustry: RestaurantsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$8,891.25 - $10,475.39$9,816.98
Multi-Stage$2,223.88 - $2,437.03$2,328.48
Blended Fair Value$6,072.73
Current Price$4,802.00
Upside26.46%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS65.14%9.61%8.907.407.3710.756.040.7213.0412.7811.774.89
YoY Growth--20.37%0.31%-31.40%78.05%732.81%-94.44%2.04%8.57%140.51%37.58%
Dividend Yield--0.21%0.20%0.24%0.47%0.32%0.06%1.23%0.98%0.81%0.36%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,650.00
(-) Cash Dividends Paid (M)1,443.00
(=) Cash Retained (M)3,207.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)930.00581.25348.75
Cash Retained (M)3,207.003,207.003,207.00
(-) Cash Required (M)-930.00-581.25-348.75
(=) Excess Retained (M)2,277.002,625.752,858.25
(/) Shares Outstanding (M)88.2888.2888.28
(=) Excess Retained per Share25.7929.7432.38
LTM Dividend per Share16.3516.3516.35
(+) Excess Retained per Share25.7929.7432.38
(=) Adjusted Dividend42.1446.0948.72
WACC / Discount Rate5.45%5.45%5.45%
Growth Rate5.50%6.50%7.50%
Fair Value$8,891.25$9,816.98$10,475.39
Upside / Downside85.16%104.44%118.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,650.004,952.255,274.155,616.975,982.076,370.906,562.03
Payout Ratio31.03%42.83%54.62%66.41%78.21%90.00%92.50%
Projected Dividends (M)1,443.002,120.842,880.703,730.394,678.365,733.816,069.88

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.45%5.45%5.45%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,992.252,011.142,030.02
Year 2 PV (M)2,541.982,590.392,639.27
Year 3 PV (M)3,092.173,180.943,271.38
Year 4 PV (M)3,642.843,782.933,927.03
Year 5 PV (M)4,193.974,396.544,606.87
PV of Terminal Value (M)180,860.70189,596.34198,666.31
Equity Value (M)196,323.91205,558.28215,140.88
Shares Outstanding (M)88.2888.2888.28
Fair Value$2,223.88$2,328.48$2,437.03
Upside / Downside-53.69%-51.51%-49.25%

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