DDM Analysis: 4188.T

Valuation Snapshot

Stable Growth	$1,612.02 - $3,695.87	$2,351.61
Multi-Stage	$2,139.95 - $2,348.34	$2,242.17
Blended Fair Value	$2,296.89
Current Price	$851.30
Upside	169.81%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	-4.33%	9.95%	32.34	31.32	30.29	27.25	24.21	40.35	37.55	27.60	16.65	14.57
YoY Growth	-	-	3.26%	3.38%	11.17%	12.54%	-39.98%	7.45%	36.04%	65.81%	14.29%	16.27%
Dividend Yield	-	-	4.27%	3.41%	3.51%	3.70%	2.59%	6.43%	4.83%	2.98%	1.79%	3.13%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	114,231.00
(-) Cash Dividends Paid (M)	45,542.00
(=) Cash Retained (M)	68,689.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	22,846.20	14,278.88	8,567.33
Cash Retained (M)	68,689.00	68,689.00	68,689.00
(-) Cash Required (M)	-22,846.20	-14,278.88	-8,567.33
(=) Excess Retained (M)	45,842.80	54,410.13	60,121.68
(/) Shares Outstanding (M)	1,407.89	1,407.89	1,407.89
(=) Excess Retained per Share	32.56	38.65	42.70
LTM Dividend per Share	32.35	32.35	32.35
(+) Excess Retained per Share	32.56	38.65	42.70
(=) Adjusted Dividend	64.91	70.99	75.05
WACC / Discount Rate	6.36%	6.36%	6.36%
Growth Rate	2.24%	3.24%	4.24%
Fair Value	$1,612.02	$2,351.61	$3,695.87
Upside / Downside	89.36%	176.24%	334.14%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	114,231.00	117,932.17	121,753.25	125,698.15	129,770.86	133,975.53	137,994.79
Payout Ratio	39.87%	49.89%	59.92%	69.95%	79.97%	90.00%	92.50%
Projected Dividends (M)	45,542.00	58,841.86	72,955.77	87,922.50	103,782.51	120,577.97	127,645.18

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.36%	6.36%	6.36%
Growth Rate	2.24%	3.24%	4.24%
Year 1 PV (M)	54,789.05	55,324.94	55,860.83
Year 2 PV (M)	63,252.02	64,495.39	65,750.87
Year 3 PV (M)	70,977.74	73,080.85	75,225.11
Year 4 PV (M)	78,010.61	81,107.73	84,296.18
Year 5 PV (M)	84,392.69	88,601.40	92,976.37
PV of Terminal Value (M)	2,661,392.61	2,794,117.77	2,932,086.15
Equity Value (M)	3,012,814.71	3,156,728.09	3,306,195.51
Shares Outstanding (M)	1,407.89	1,407.89	1,407.89
Fair Value	$2,139.95	$2,242.17	$2,348.34
Upside / Downside	151.37%	163.38%	175.85%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 25 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
MDC	M.D.C. Holdings, Inc.	0.86%	$0.54	55.94%
AXP	American Express Company	0.85%	$3.17	20.85%
FOXA	Fox Corporation	0.85%	$0.62	13.96%
LMST	Limestone Bancorp, Inc.	0.85%	$0.20	8.06%
RCL	Royal Caribbean Cruises Ltd.	0.85%	$2.41	16.19%
AZZ	AZZ Inc.	0.84%	$0.92	8.89%
HIBB	Hibbett, Inc.	0.84%	$0.74	9.00%
MAR	Marriott International, Inc.	0.84%	$2.62	27.38%
MORN	Morningstar, Inc.	0.84%	$1.77	20.03%
SGH	SMART Global Holdings, Inc.	0.84%	$0.14	30.96%
URI	United Rentals, Inc.	0.84%	$7.13	18.10%
0HYJ.L	Cintas Corporation	0.83%	$1.54	34.15%
EFX	Equifax Inc.	0.83%	$1.78	33.46%
GM	General Motors Company	0.82%	$0.66	21.22%
KVSA	Khosla Ventures Acquisition Co.	0.81%	$0.09	9.61%
WMT	Walmart Inc.	0.81%	$0.91	31.92%
BMI	Badger Meter, Inc.	0.80%	$1.41	30.10%
FRD	Friedman Industries, Incorporated	0.80%	$0.16	9.82%
ITT	ITT Inc.	0.80%	$1.40	22.66%
MLI	Mueller Industries, Inc.	0.80%	$0.94	13.89%
SSSSL	SuRo Capital Corp. 6.00% Notes due 2026	0.80%	$0.20	8.46%
RGLD	Royal Gold, Inc.	0.79%	$1.75	24.00%
VRSK	Verisk Analytics, Inc.	0.79%	$1.74	26.41%
COF	Capital One Financial Corporation	0.78%	$1.94	87.57%
EE	Excelerate Energy, Inc.	0.78%	$0.22	9.21%
0K36.L	Moody's Corporation	0.77%	$3.82	30.70%
HCI	HCI Group, Inc.	0.77%	$1.42	9.00%
PH	Parker-Hannifin Corporation	0.77%	$6.85	24.15%
SEI	Solaris Energy Infrastructure, Inc.	0.77%	$0.39	44.96%
0HQN.L	Cboe Global Markets, Inc.	0.76%	$1.90	20.31%
ASIC	Ategrity Specialty Holdings LLC	0.76%	$0.15	12.77%
GL	Globe Life Inc.	0.75%	$1.03	7.35%
0KYY.L	S&P Global Inc.	0.74%	$3.81	28.09%
PHM	PulteGroup, Inc.	0.74%	$0.89	6.67%
ROP	Roper Technologies, Inc.	0.74%	$3.20	22.09%
ZWS	Zurn Elkay Water Solutions Corporation	0.74%	$0.35	30.63%
JOE	The St. Joe Company	0.73%	$0.43	24.05%
TOL	Toll Brothers, Inc.	0.73%	$0.99	7.16%
TTEK	Tetra Tech, Inc.	0.73%	$0.25	26.25%
0HCB.L	Alcoa Corporation	0.72%	$0.40	9.08%
A	Agilent Technologies, Inc.	0.72%	$0.99	21.64%
FCFS	FirstCash Holdings, Inc	0.72%	$1.13	16.40%
TRAK	ReposiTrak, Inc.	0.72%	$0.09	22.94%
BKNG	Booking Holdings Inc.	0.71%	$37.78	24.39%
PGC	Peapack-Gladstone Financial Corporation	0.71%	$0.20	10.22%
ASO	Academy Sports and Outdoors, Inc.	0.70%	$0.37	6.63%
BRO	Brown & Brown, Inc.	0.70%	$0.54	18.02%
INTU	Intuit Inc.	0.70%	$4.39	29.97%
MSFT	Microsoft Corporation	0.70%	$3.31	23.52%
NCR	NCR Corporation	0.70%	$0.11	1.70%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Mitsubishi Chemical Group Corporation (4188.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener