DDM Analysis: 3283.T

Valuation Snapshot

Stable Growth	$935,288.02 - $2,484,446.46	$2,328,290.17
Multi-Stage	$356,553.25 - $389,992.64	$372,966.85
Blended Fair Value	$1,350,628.51
Current Price	$77,000.00
Upside	1,654.06%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	0.00%	0.00%	6,897.12	6,319.63	6,113.60	5,789.64	5,246.80	0.00	0.00	0.00	0.00	0.00
YoY Growth	-	-	9.14%	3.37%	5.60%	10.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Dividend Yield	-	-	8.76%	6.76%	5.43%	4.70%	4.81%	0.00%	0.00%	0.00%	0.00%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	52,856.30
(-) Cash Dividends Paid (M)	28,015.49
(=) Cash Retained (M)	24,840.81

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	10,571.26	6,607.04	3,964.22
Cash Retained (M)	24,840.81	24,840.81	24,840.81
(-) Cash Required (M)	-10,571.26	-6,607.04	-3,964.22
(=) Excess Retained (M)	14,269.55	18,233.77	20,876.59
(/) Shares Outstanding (M)	4.23	4.23	4.23
(=) Excess Retained per Share	3,372.59	4,309.52	4,934.15
LTM Dividend per Share	6,621.42	6,621.42	6,621.42
(+) Excess Retained per Share	3,372.59	4,309.52	4,934.15
(=) Adjusted Dividend	9,994.00	10,930.94	11,555.56
WACC / Discount Rate	6.63%	6.63%	6.63%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$935,288.02	$2,328,290.17	$2,484,446.46
Upside / Downside	1,114.66%	2,923.75%	3,126.55%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	52,856.30	56,291.96	59,950.93	63,847.74	67,997.85	72,417.71	74,590.24
Payout Ratio	53.00%	60.40%	67.80%	75.20%	82.60%	90.00%	92.50%
Projected Dividends (M)	28,015.49	34,001.75	40,647.86	48,014.30	56,166.65	65,175.94	68,995.97

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.63%	6.63%	6.63%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	31,588.98	31,888.40	32,187.82
Year 2 PV (M)	35,083.78	35,752.03	36,426.58
Year 3 PV (M)	38,501.15	39,606.38	40,732.56
Year 4 PV (M)	41,842.34	43,451.48	45,106.59
Year 5 PV (M)	45,108.58	47,287.34	49,549.48
PV of Terminal Value (M)	1,316,466.77	1,380,052.60	1,446,072.02
Equity Value (M)	1,508,591.59	1,578,038.23	1,650,075.05
Shares Outstanding (M)	4.23	4.23	4.23
Fair Value	$356,553.25	$372,966.85	$389,992.64
Upside / Downside	363.06%	384.37%	406.48%

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

Nippon Prologis REIT, Inc. (3283.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener