DDM Analysis: 5482.T

Valuation Snapshot

Stable Growth	$3,672.65 - $6,083.38	$4,739.59
Multi-Stage	$6,069.27 - $6,668.05	$6,362.91
Blended Fair Value	$5,551.25
Current Price	$2,137.00
Upside	159.77%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	1.68%	2.68%	79.48	36.66	12.27	39.69	42.79	73.13	79.29	60.98	61.04	61.01
YoY Growth	-	-	116.82%	198.74%	-69.09%	-7.24%	-41.48%	-7.78%	30.03%	-0.10%	0.05%	0.05%
Dividend Yield	-	-	3.72%	4.12%	1.61%	7.62%	5.61%	9.56%	9.71%	5.72%	5.51%	5.40%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	10,267.00
(-) Cash Dividends Paid (M)	3,108.00
(=) Cash Retained (M)	7,159.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	2,053.40	1,283.38	770.03
Cash Retained (M)	7,159.00	7,159.00	7,159.00
(-) Cash Required (M)	-2,053.40	-1,283.38	-770.03
(=) Excess Retained (M)	5,105.60	5,875.63	6,388.98
(/) Shares Outstanding (M)	32.27	32.27	32.27
(=) Excess Retained per Share	158.20	182.06	197.97
LTM Dividend per Share	96.31	96.31	96.31
(+) Excess Retained per Share	158.20	182.06	197.97
(=) Adjusted Dividend	254.51	278.37	294.28
WACC / Discount Rate	7.15%	7.15%	7.15%
Growth Rate	0.20%	1.20%	2.20%
Fair Value	$3,672.65	$4,739.59	$6,083.38
Upside / Downside	71.86%	121.79%	184.67%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	10,267.00	10,390.68	10,515.86	10,642.54	10,770.75	10,900.50	11,227.51
Payout Ratio	30.27%	42.22%	54.16%	66.11%	78.05%	90.00%	92.50%
Projected Dividends (M)	3,108.00	4,386.68	5,695.71	7,035.64	8,407.04	9,810.45	10,385.45

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.15%	7.15%	7.15%
Growth Rate	0.20%	1.20%	2.20%
Year 1 PV (M)	4,053.55	4,094.01	4,134.46
Year 2 PV (M)	4,863.50	4,961.05	5,059.58
Year 3 PV (M)	5,551.44	5,719.30	5,890.52
Year 4 PV (M)	6,129.78	6,378.16	6,634.01
Year 5 PV (M)	6,609.85	6,946.31	7,296.34
PV of Terminal Value (M)	168,661.59	177,247.10	186,178.74
Equity Value (M)	195,869.71	205,345.94	215,193.65
Shares Outstanding (M)	32.27	32.27	32.27
Fair Value	$6,069.27	$6,362.91	$6,668.05
Upside / Downside	184.01%	197.75%	212.03%

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

Aichi Steel Corporation (5482.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener