Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Advantest Corporation (6857.T)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$6,738.79 - $14,392.58$9,590.42
Multi-Stage$4,862.42 - $5,313.44$5,083.84
Blended Fair Value$7,337.13
Current Price$14,650.00
Upside-49.92%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS10.71%31.69%37.1833.8634.5934.6521.2222.3618.765.065.474.75
YoY Growth--9.80%-2.11%-0.15%63.24%-5.07%19.16%270.79%-7.42%15.14%100.23%
Dividend Yield--0.35%0.53%0.72%1.91%0.85%1.46%2.38%0.88%1.14%1.67%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)261,680.00
(-) Cash Dividends Paid (M)28,709.00
(=) Cash Retained (M)232,971.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)52,336.0032,710.0019,626.00
Cash Retained (M)232,971.00232,971.00232,971.00
(-) Cash Required (M)-52,336.00-32,710.00-19,626.00
(=) Excess Retained (M)180,635.00200,261.00213,345.00
(/) Shares Outstanding (M)734.74734.74734.74
(=) Excess Retained per Share245.85272.56290.37
LTM Dividend per Share39.0739.0739.07
(+) Excess Retained per Share245.85272.56290.37
(=) Adjusted Dividend284.92311.63329.44
WACC / Discount Rate9.96%9.96%9.96%
Growth Rate5.50%6.50%7.50%
Fair Value$6,738.79$9,590.42$14,392.58
Upside / Downside-54.00%-34.54%-1.76%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)261,680.00278,689.20296,804.00316,096.26336,642.51358,524.28369,280.01
Payout Ratio10.97%26.78%42.58%58.39%74.19%90.00%92.50%
Projected Dividends (M)28,709.0074,624.12126,386.92184,563.59249,769.24322,671.85341,584.01

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.96%9.96%9.96%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)67,227.1767,864.4068,501.62
Year 2 PV (M)102,573.06104,526.79106,498.95
Year 3 PV (M)134,940.65138,814.31142,761.40
Year 4 PV (M)164,513.42170,840.14177,347.61
Year 5 PV (M)191,464.84200,712.66210,314.42
PV of Terminal Value (M)2,911,898.673,052,544.463,198,573.10
Equity Value (M)3,572,617.803,735,302.753,903,997.10
Shares Outstanding (M)734.74734.74734.74
Fair Value$4,862.42$5,083.84$5,313.44
Upside / Downside-66.81%-65.30%-63.73%

High-Yield Dividend Screener

« Prev Page 28 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
U96.SISembcorp Industries Ltd5.19%$0.3229.05%
CIN.AXCarlton Investments Limited5.18%$1.7961.04%
MERK.JKPT Merck Tbk5.18%$170.3142.74%
0QQ2.LGeberit AG5.17%$25.4271.02%
2640.TWOTaiwan Taxi Co.,Ltd.5.17%$7.0177.56%
603508.SSHenan Thinker Automatic Equipment Co., Ltd.5.17%$1.4488.86%
RICHT.BDChemical Works5.17%$509.8341.05%
FPT.BKFrasers Property (Thailand) Public Company Limited5.16%$0.3140.49%
YSON.FSonae, SGPS, S.A.5.16%$0.0960.40%
0QS5.LBossard Holding AG5.15%$7.9044.91%
2341.HKEcoGreen International Group Limited5.15%$0.109.70%
4942.TWChia Chang Co., Ltd5.15%$1.9967.15%
601555.SSSoochow Securities Co., Ltd.5.15%$0.4766.76%
601686.SSTianjin You Fa Steel Pipe Group Stock Co., Ltd.5.15%$0.3256.09%
6979.HKZJLD Group Inc5.15%$0.4556.09%
3118.TWOLevel Biotechnology Inc.5.14%$1.7080.08%
ALTOU.PATouax5.14%$0.2220.71%
BE8.BKBeryl 8 Plus Public Company Limited5.14%$0.2475.69%
KEG-UN.TOThe Keg Royalties Income Fund5.14%$0.9684.63%
QEWS.QAQatar Electricity & Water Company Q.P.S.C.5.14%$0.7767.87%
6805.HKKimou Environmental Holding Limited5.13%$0.1360.10%
9521.SRInmar Company for Real Estate Development and Investment5.13%$1.0024.60%
MTI.BKMuang Thai Insurance Public Company Limited5.13%$0.8045.07%
3218.TWOUniversal Vision Biotechnology Co., Ltd.5.12%$7.4771.57%
600694.SSDashang Co., Ltd.5.12%$0.9263.22%
601877.SSZhejiang Chint Electrics Co., Ltd.5.12%$1.4367.03%
GL9.IRGlanbia plc5.12%$0.7450.22%
STBP3.SASantos Brasil Participações S.A.5.12%$0.7478.31%
WSU.DEWashTec AG5.12%$2.4092.47%
0RUJ.LDelta Plus Group5.11%$2.4829.42%
2887.TWTS Financial Holding Co., Ltd.5.11%$1.0493.64%
3003.SRCity Cement Company5.11%$0.6566.06%
ALVU.PAVente-Unique.com S.A.5.11%$0.7945.95%
CAML3.SACamil Alimentos S.A.5.11%$0.2860.82%
RECTRectitude Holdings Ltd Ordinary Shares5.11%$0.0926.70%
603518.SSJinhong Fashion Group Co.,Ltd.5.10%$0.4966.21%
6242.TWOLi Kang Biomedical Co., Ltd.5.10%$2.0077.54%
ECMPA.ASEurocommercial Properties N.V.5.10%$1.3355.30%
NOMDNomad Foods Limited5.09%$0.6246.03%
2249.TWOYoung Shine Electric Co., Ltd.5.08%$4.7121.31%
ARZZ3.SAArezzo Indústria e Comércio S.A.5.08%$2.6767.63%
CMAN.BKChememan Public Company Limited5.08%$0.1231.80%
LST.BKLam Soon (Thailand) Public Company Limited5.08%$0.2436.51%
VEI.OLVeidekke ASA5.08%$8.9090.00%
013570.KSDY Corporation5.07%$230.5420.72%
086790.KSHana Financial Group Inc.5.07%$4,736.7233.98%
129260.KSIntergis Co., Ltd5.07%$121.3822.66%
CUP-U.TOCaribbean Utilities Company, Ltd.5.07%$0.6964.16%
MMAQ3.SAMinasmaquinas S.A.5.07%$129.2112.04%
QATI.QAQatar Insurance Company Q.S.P.C.5.07%$0.1045.46%