DDM Analysis: 8972.T

Valuation Snapshot

Stable Growth	$1,935,187.59 - $4,479,087.03	$4,197,560.50
Multi-Stage	$662,188.78 - $724,875.56	$692,955.97
Blended Fair Value	$2,445,258.23
Current Price	$148,600.00
Upside	1,545.53%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	20.40%	17.51%	7,522.47	3,225.75	3,063.46	3,366.48	3,069.06	2,973.54	2,632.44	2,387.82	2,171.49	2,086.40
YoY Growth	-	-	133.20%	5.30%	-9.00%	9.69%	3.21%	12.96%	10.24%	9.96%	4.08%	39.22%
Dividend Yield	-	-	5.06%	2.07%	2.04%	1.95%	1.52%	2.21%	1.41%	1.44%	1.37%	1.31%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	88,200.68
(-) Cash Dividends Paid (M)	30,123.06
(=) Cash Retained (M)	58,077.63

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	17,640.14	11,025.09	6,615.05
Cash Retained (M)	58,077.63	58,077.63	58,077.63
(-) Cash Required (M)	-17,640.14	-11,025.09	-6,615.05
(=) Excess Retained (M)	40,437.49	47,052.54	51,462.57
(/) Shares Outstanding (M)	3.92	3.92	3.92
(=) Excess Retained per Share	10,325.75	12,014.91	13,141.01
LTM Dividend per Share	7,691.95	7,691.95	7,691.95
(+) Excess Retained per Share	10,325.75	12,014.91	13,141.01
(=) Adjusted Dividend	18,017.70	19,706.86	20,832.96
WACC / Discount Rate	6.48%	6.48%	6.48%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$1,935,187.59	$4,197,560.50	$4,479,087.03
Upside / Downside	1,202.28%	2,724.74%	2,914.19%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	88,200.68	93,933.73	100,039.42	106,541.98	113,467.21	120,842.58	124,467.86
Payout Ratio	34.15%	45.32%	56.49%	67.66%	78.83%	90.00%	92.50%
Projected Dividends (M)	30,123.06	42,572.92	56,513.99	72,087.53	89,446.85	108,758.32	115,132.77

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.48%	6.48%	6.48%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	39,605.82	39,981.23	40,356.64
Year 2 PV (M)	48,911.06	49,842.68	50,783.09
Year 3 PV (M)	58,041.26	59,707.42	61,405.16
Year 4 PV (M)	66,998.85	69,575.44	72,225.63
Year 5 PV (M)	75,786.24	79,446.74	83,247.34
PV of Terminal Value (M)	2,303,907.21	2,415,186.79	2,530,725.30
Equity Value (M)	2,593,250.44	2,713,740.29	2,838,743.16
Shares Outstanding (M)	3.92	3.92	3.92
Fair Value	$662,188.78	$692,955.97	$724,875.56
Upside / Downside	345.62%	366.32%	387.80%

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

Analysis Mode

Ticker

Industry

Sector

KDX Realty Investment Corporation (8972.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener