Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

YASKAWA Electric Corporation (6506.T)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$36,590.87 - $43,125.56$40,407.85
Multi-Stage$22,991.05 - $25,274.09$24,110.86
Blended Fair Value$32,259.36
Current Price$2,910.00
Upside1,008.57%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS4.84%17.23%66.5464.5458.4138.3238.2452.5446.9330.7920.5222.22
YoY Growth--3.11%10.49%52.41%0.23%-27.22%11.95%52.43%50.01%-7.66%63.73%
Dividend Yield--1.95%1.08%0.99%0.85%0.72%1.36%1.49%0.70%0.86%1.68%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)57,383.00
(-) Cash Dividends Paid (M)17,741.00
(=) Cash Retained (M)39,642.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11,476.607,172.884,303.73
Cash Retained (M)39,642.0039,642.0039,642.00
(-) Cash Required (M)-11,476.60-7,172.88-4,303.73
(=) Excess Retained (M)28,165.4032,469.1335,338.28
(/) Shares Outstanding (M)259.76259.76259.76
(=) Excess Retained per Share108.43125.00136.04
LTM Dividend per Share68.3068.3068.30
(+) Excess Retained per Share108.43125.00136.04
(=) Adjusted Dividend176.73193.30204.34
WACC / Discount Rate2.40%2.40%2.40%
Growth Rate3.52%4.52%5.52%
Fair Value$36,590.87$40,407.85$43,125.56
Upside / Downside1,157.42%1,288.59%1,381.98%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)57,383.0059,978.2562,690.8865,526.1968,489.7371,587.3073,734.92
Payout Ratio30.92%42.73%54.55%66.37%78.18%90.00%92.50%
Projected Dividends (M)17,741.0025,630.7834,197.9343,487.5953,547.5764,428.5768,204.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.40%2.40%2.40%
Growth Rate3.52%4.52%5.52%
Year 1 PV (M)24,791.4525,030.9325,270.40
Year 2 PV (M)31,994.8432,615.9533,243.03
Year 3 PV (M)39,353.6940,505.1841,678.92
Year 4 PV (M)46,870.5548,707.9950,598.92
Year 5 PV (M)54,548.0057,233.9860,024.75
PV of Terminal Value (M)5,774,511.756,058,853.066,354,286.60
Equity Value (M)5,972,070.296,262,947.096,565,102.62
Shares Outstanding (M)259.76259.76259.76
Fair Value$22,991.05$24,110.86$25,274.09
Upside / Downside690.07%728.55%768.53%

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