Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Yamaha Corporation (7951.T)

Company Dividend Discount ModelIndustry: LeisureSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$430.58 - $706.41$553.46
Multi-Stage$825.85 - $906.74$865.52
Blended Fair Value$709.49
Current Price$984.10
Upside-27.90%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS1.59%6.68%26.2925.5824.4024.7825.0024.2922.7321.8121.0516.90
YoY Growth--2.79%4.80%-1.53%-0.88%2.92%6.89%4.19%3.63%24.58%22.73%
Dividend Yield--2.52%2.05%1.33%1.33%1.24%1.44%1.30%1.14%1.63%1.85%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)17,845.00
(-) Cash Dividends Paid (M)11,948.00
(=) Cash Retained (M)5,897.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,569.002,230.631,338.38
Cash Retained (M)5,897.005,897.005,897.00
(-) Cash Required (M)-3,569.00-2,230.63-1,338.38
(=) Excess Retained (M)2,328.003,666.384,558.63
(/) Shares Outstanding (M)464.06464.06464.06
(=) Excess Retained per Share5.027.909.82
LTM Dividend per Share25.7525.7525.75
(+) Excess Retained per Share5.027.909.82
(=) Adjusted Dividend30.7633.6535.57
WACC / Discount Rate6.71%6.71%6.71%
Growth Rate-0.41%0.59%1.59%
Fair Value$430.58$553.46$706.41
Upside / Downside-56.25%-43.76%-28.22%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)17,845.0017,950.5118,056.6518,163.4118,270.8018,378.8318,930.19
Payout Ratio66.95%71.56%76.17%80.78%85.39%90.00%92.50%
Projected Dividends (M)11,948.0012,846.0113,754.2214,672.7215,601.6016,540.9517,510.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.71%6.71%6.71%
Growth Rate-0.41%0.59%1.59%
Year 1 PV (M)11,918.9312,038.6112,158.29
Year 2 PV (M)11,840.6112,079.5912,320.96
Year 3 PV (M)11,719.7412,076.3312,440.09
Year 4 PV (M)11,562.3412,033.7712,519.48
Year 5 PV (M)11,373.8211,956.4312,562.67
PV of Terminal Value (M)324,827.23341,466.05358,779.83
Equity Value (M)383,242.67401,650.79420,781.31
Shares Outstanding (M)464.06464.06464.06
Fair Value$825.85$865.52$906.74
Upside / Downside-16.08%-12.05%-7.86%

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%