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$22,474.85 - $26,493.20$24,821.50
Multi-Stage$14,559.79 - $16,018.86$15,275.32
Blended Fair Value$20,048.41
Current Price$1,610.00
Upside1,145.24%
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 Rate1.04%1.04%1.04%
Growth Rate2.58%3.58%4.58%
Fair Value$22,474.85$24,821.50$26,493.20
Upside / Downside1,295.95%1,441.71%1,545.54%

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 Rate1.04%1.04%1.04%
Growth Rate2.58%3.58%4.58%
Year 1 PV (M)149,435.24150,892.00152,348.76
Year 2 PV (M)187,921.25191,602.99195,320.44
Year 3 PV (M)227,544.23234,263.91241,114.61
Year 4 PV (M)268,329.86278,947.05289,876.23
Year 5 PV (M)310,304.36325,727.06341,756.98
PV of Terminal Value (M)32,849,164.8534,481,828.6236,178,773.66
Equity Value (M)33,992,699.7935,663,261.6337,399,190.68
Shares Outstanding (M)2,334.702,334.702,334.70
Fair Value$14,559.79$15,275.32$16,018.86
Upside / Downside804.33%848.78%894.96%

High-Yield Dividend Screener

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