DDM Analysis: 4245.T

Valuation Snapshot

Stable Growth	$375.75 - $906.35	$557.50
Multi-Stage	$450.69 - $493.64	$471.76
Blended Fair Value	$514.63
Current Price	$683.00
Upside	-24.65%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	3.02%	8.02%	27.84	27.84	24.67	23.72	22.47	23.99	20.59	16.38	14.04	15.91
YoY Growth	-	-	0.00%	12.84%	3.99%	5.59%	-6.35%	16.49%	25.71%	16.67%	-11.76%	23.64%
Dividend Yield	-	-	4.06%	3.62%	3.53%	3.13%	2.34%	3.24%	2.47%	1.01%	1.51%	3.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	237.00
(-) Cash Dividends Paid (M)	164.00
(=) Cash Retained (M)	73.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	47.40	29.63	17.78
Cash Retained (M)	73.00	73.00	73.00
(-) Cash Required (M)	-47.40	-29.63	-17.78
(=) Excess Retained (M)	25.60	43.38	55.23
(/) Shares Outstanding (M)	13.26	13.26	13.26
(=) Excess Retained per Share	1.93	3.27	4.17
LTM Dividend per Share	12.37	12.37	12.37
(+) Excess Retained per Share	1.93	3.27	4.17
(=) Adjusted Dividend	14.30	15.64	16.54
WACC / Discount Rate	6.67%	6.67%	6.67%
Growth Rate	2.75%	3.75%	4.75%
Fair Value	$375.75	$557.50	$906.35
Upside / Downside	-44.99%	-18.37%	32.70%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	237.00	245.90	255.13	264.70	274.64	284.95	293.50
Payout Ratio	69.20%	73.36%	77.52%	81.68%	85.84%	90.00%	92.50%
Projected Dividends (M)	164.00	180.39	197.77	216.21	235.75	256.45	271.49

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.67%	6.67%	6.67%
Growth Rate	2.75%	3.75%	4.75%
Year 1 PV (M)	167.48	169.11	170.74
Year 2 PV (M)	170.49	173.83	177.19
Year 3 PV (M)	173.06	178.16	183.36
Year 4 PV (M)	175.20	182.12	189.24
Year 5 PV (M)	176.96	185.74	194.86
PV of Terminal Value (M)	5,111.02	5,364.61	5,628.16
Equity Value (M)	5,974.21	6,253.56	6,543.57
Shares Outstanding (M)	13.26	13.26	13.26
Fair Value	$450.69	$471.76	$493.64
Upside / Downside	-34.01%	-30.93%	-27.73%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 24 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
EXPD	Expeditors International of Washington, Inc.	0.99%	$1.50	24.32%
LISOX	Lazard International Strategic Equity Ptf Open Shares	0.99%	$0.13	36.87%
MXC	Mexco Energy Corporation	0.99%	$0.10	12.25%
NIC	Nicolet Bankshares, Inc.	0.99%	$1.19	12.58%
PAYC	Paycom Software, Inc.	0.99%	$1.51	18.80%
RRC	Range Resources Corporation	0.99%	$0.35	14.60%
WLFC	Willis Lease Finance Corporation	0.99%	$1.32	7.58%
WOR	Worthington Industries, Inc.	0.99%	$0.52	23.95%
CNXN	PC Connection, Inc.	0.98%	$0.56	16.89%
CAT	Caterpillar Inc.	0.97%	$5.78	29.40%
CNK	Cinemark Holdings, Inc.	0.97%	$0.23	18.28%
ECL	Ecolab Inc.	0.97%	$2.54	36.57%
EVR	Evercore Inc.	0.97%	$3.41	27.02%
LSBK	Lake Shore Bancorp, Inc.	0.96%	$0.14	24.34%
0ITL.L	Arthur J. Gallagher & Co.	0.95%	$2.42	39.43%
0IZI.L	W.W. Grainger, Inc.	0.95%	$9.52	26.47%
0L5V.L	The Sherwin-Williams Company	0.95%	$3.11	30.09%
0R2S.L	Stryker Corporation	0.95%	$3.28	43.09%
RRX	Regal Rexnord Corporation	0.95%	$1.39	36.07%
WT	WisdomTree, Inc.	0.95%	$0.12	18.12%
J	Jacobs Solutions Inc.	0.94%	$1.27	53.80%
ORCL	Oracle Corporation	0.94%	$1.84	34.81%
TCBS	Texas Community Bancshares, Inc.	0.94%	$0.17	19.22%
IMKTA	Ingles Markets, Incorporated	0.93%	$0.65	14.68%
ODC	Oil-Dri Corporation of America	0.93%	$0.45	12.28%
PENG	Penguin Solutions, Inc.	0.93%	$0.19	40.17%
SSBK	Southern States Bancshares, Inc.	0.93%	$0.34	9.19%
DAL	Delta Air Lines, Inc.	0.92%	$0.63	8.94%
HIFS	Hingham Institution for Savings	0.92%	$2.49	12.15%
RL	Ralph Lauren Corporation	0.92%	$3.34	24.37%
OPY	Oppenheimer Holdings Inc.	0.91%	$0.66	8.90%
BGC	BGC Group, Inc	0.90%	$0.08	23.56%
CDRE	Cadre Holdings, Inc.	0.90%	$0.37	33.35%
MBNKP	Medallion Bank	0.90%	$0.23	12.50%
JBHT	J.B. Hunt Transport Services, Inc.	0.89%	$1.75	30.14%
NYT	The New York Times Company	0.89%	$0.62	30.32%
RMD	ResMed Inc.	0.89%	$2.18	22.31%
VBFC	Village Bank and Trust Financial Corp.	0.89%	$0.72	15.35%
0I14.L	Cognex Corporation	0.88%	$0.32	49.16%
AR	Antero Resources Corporation	0.88%	$0.30	17.15%
LDOS	Leidos Holdings, Inc.	0.88%	$1.61	14.88%
LMAT	LeMaitre Vascular, Inc.	0.88%	$0.70	32.20%
NNI	Nelnet, Inc.	0.88%	$1.14	9.52%
PFSI	PennyMac Financial Services, Inc.	0.88%	$1.16	12.49%
SMBK	SmartFinancial, Inc.	0.88%	$0.32	11.76%
BYD	Boyd Gaming Corporation	0.87%	$0.75	3.22%
ROST	Ross Stores, Inc.	0.87%	$1.59	24.85%
BBSI	Barrett Business Services, Inc.	0.86%	$0.31	15.02%
BCO	The Brink's Company	0.86%	$1.00	24.81%
HXL	Hexcel Corporation	0.86%	$0.66	77.18%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Daiki Axis Co., Ltd. (4245.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener