Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Panasonic Holdings Corporation (6752.T)

Company Dividend Discount ModelIndustry: Consumer ElectronicsSector: Technology

Valuation Snapshot

Stable Growth$2,950.72 - $7,325.15$4,419.20
Multi-Stage$3,621.43 - $3,973.57$3,794.17
Blended Fair Value$4,106.69
Current Price$1,610.00
Upside155.07%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS4.58%9.00%37.5032.4929.9924.9924.9829.9734.9724.9824.8519.84
YoY Growth--15.40%8.34%20.02%0.02%-16.65%-14.28%40.00%0.49%25.26%25.25%
Dividend Yield--2.41%2.47%1.71%2.28%1.94%3.19%3.79%1.67%1.63%2.25%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)319,700.00
(-) Cash Dividends Paid (M)112,061.00
(=) Cash Retained (M)207,639.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)63,940.0039,962.5023,977.50
Cash Retained (M)207,639.00207,639.00207,639.00
(-) Cash Required (M)-63,940.00-39,962.50-23,977.50
(=) Excess Retained (M)143,699.00167,676.50183,661.50
(/) Shares Outstanding (M)2,334.702,334.702,334.70
(=) Excess Retained per Share61.5571.8278.67
LTM Dividend per Share48.0048.0048.00
(+) Excess Retained per Share61.5571.8278.67
(=) Adjusted Dividend109.55119.82126.66
WACC / Discount Rate6.39%6.39%6.39%
Growth Rate2.58%3.58%4.58%
Fair Value$2,950.72$4,419.20$7,325.15
Upside / Downside83.27%174.48%354.98%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)319,700.00331,146.88343,003.61355,284.88368,005.87381,182.34392,617.81
Payout Ratio35.05%46.04%57.03%68.02%79.01%90.00%92.50%
Projected Dividends (M)112,061.00152,465.12195,618.92241,667.51290,762.86343,064.11363,171.48

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.39%6.39%6.39%
Growth Rate2.58%3.58%4.58%
Year 1 PV (M)141,925.71143,309.26144,692.82
Year 2 PV (M)169,508.71172,829.71176,182.92
Year 3 PV (M)194,935.08200,691.77206,560.70
Year 4 PV (M)218,323.87226,962.44235,854.86
Year 5 PV (M)239,788.40251,706.32264,093.48
PV of Terminal Value (M)7,490,461.377,862,751.048,249,698.52
Equity Value (M)8,454,943.138,858,250.559,277,083.30
Shares Outstanding (M)2,334.702,334.702,334.70
Fair Value$3,621.43$3,794.17$3,973.57
Upside / Downside124.93%135.66%146.81%

High-Yield Dividend Screener

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