DDM Analysis: 7472.T

Valuation Snapshot

Stable Growth	$54,146.79 - $63,820.50	$59,796.90
Multi-Stage	$35,464.58 - $39,003.49	$37,200.26
Blended Fair Value	$48,498.58
Current Price	$4,160.00
Upside	1,065.83%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	-1.53%	7.32%	121.77	125.13	129.46	109.64	131.57	131.57	120.60	71.27	109.64	65.45
YoY Growth	-	-	-2.68%	-3.35%	18.08%	-16.67%	0.00%	9.09%	69.23%	-35.00%	67.52%	8.92%
Dividend Yield	-	-	3.34%	3.37%	4.09%	3.89%	5.01%	4.72%	3.90%	2.22%	5.14%	3.26%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,295.92
(-) Cash Dividends Paid (M)	240.37
(=) Cash Retained (M)	1,055.55

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	259.18	161.99	97.19
Cash Retained (M)	1,055.55	1,055.55	1,055.55
(-) Cash Required (M)	-259.18	-161.99	-97.19
(=) Excess Retained (M)	796.36	893.56	958.35
(/) Shares Outstanding (M)	3.95	3.95	3.95
(=) Excess Retained per Share	201.51	226.10	242.50
LTM Dividend per Share	60.82	60.82	60.82
(+) Excess Retained per Share	201.51	226.10	242.50
(=) Adjusted Dividend	262.33	286.92	303.32
WACC / Discount Rate	1.24%	1.24%	1.24%
Growth Rate	3.20%	4.20%	5.20%
Fair Value	$54,146.79	$59,796.90	$63,820.50
Upside / Downside	1,201.61%	1,337.43%	1,434.15%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,295.92	1,350.39	1,407.15	1,466.29	1,527.92	1,592.14	1,639.90
Payout Ratio	18.55%	32.84%	47.13%	61.42%	75.71%	90.00%	92.50%
Projected Dividends (M)	240.37	443.45	663.17	900.59	1,156.78	1,432.93	1,516.91

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	1.24%	1.24%	1.24%
Growth Rate	3.20%	4.20%	5.20%
Year 1 PV (M)	433.81	438.01	442.22
Year 2 PV (M)	634.65	647.01	659.49
Year 3 PV (M)	843.11	867.86	893.08
Year 4 PV (M)	1,059.41	1,101.07	1,143.95
Year 5 PV (M)	1,283.77	1,347.19	1,413.08
PV of Terminal Value (M)	135,901.53	142,614.54	149,590.25
Equity Value (M)	140,156.27	147,015.67	154,142.06
Shares Outstanding (M)	3.95	3.95	3.95
Fair Value	$35,464.58	$37,200.26	$39,003.49
Upside / Downside	752.51%	794.24%	837.58%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 29 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
BTBT	Bit Digital, Inc.	0.25%	$0.01	1.17%
PVH	PVH Corp.	0.25%	$0.17	2.41%
AEL	American Equity Investment Life Holding Company	0.24%	$0.14	2.19%
CRS	Carpenter Technology Corporation	0.24%	$0.80	9.74%
L	Loews Corporation	0.24%	$0.25	3.58%
PRIM	Primoris Services Corporation	0.23%	$0.30	5.83%
TER	Teradyne, Inc.	0.23%	$0.48	17.39%
FOCS	Focus Financial Partners Inc.	0.22%	$0.12	19.23%
QCRH	QCR Holdings, Inc.	0.22%	$0.18	2.50%
RMAX	RE/MAX Holdings, Inc.	0.22%	$0.02	2.70%
VSEC	VSE Corporation	0.22%	$0.40	30.98%
0J5I.L	Hilton Worldwide Holdings Inc.	0.21%	$0.60	8.71%
PRVAX	Virginia Tax Free Bond Fund	0.21%	$0.02	89.04%
ACA	Arcosa, Inc.	0.19%	$0.20	6.66%
HWM	Howmet Aerospace Inc.	0.19%	$0.40	11.24%
USLM	United States Lime & Minerals, Inc.	0.19%	$0.23	5.04%
AEIS	Advanced Energy Industries, Inc.	0.18%	$0.40	10.65%
BELFA	Bel Fuse Inc.	0.18%	$0.28	5.31%
TILE	Interface, Inc.	0.18%	$0.05	2.63%
0K05.L	Medifast, Inc.	0.17%	$0.02	78.63%
AYI	Acuity Brands, Inc.	0.17%	$0.65	5.19%
BDC	Belden Inc.	0.17%	$0.20	3.53%
FIX	Comfort Systems USA, Inc.	0.17%	$1.70	7.18%
KNSL	Kinsale Capital Group, Inc.	0.17%	$0.66	3.24%
STCN	Steel Connect, Inc.	0.17%	$0.02	1.98%
VVI	Viad Corp	0.17%	$0.07	0.54%
ALNT	Allient Inc.	0.16%	$0.09	7.91%
CLSK	CleanSpark, Inc.	0.16%	$0.02	1.41%
EME	EMCOR Group, Inc.	0.16%	$1.01	4.01%
ESE	ESCO Technologies Inc.	0.16%	$0.32	2.76%
CW	Curtiss-Wright Corporation	0.15%	$0.87	7.08%
MU	Micron Technology, Inc.	0.15%	$0.46	6.11%
SPCMU	Sound Point Acquisition Corp I, Ltd	0.15%	$0.02	1.33%
ENSG	The Ensign Group, Inc.	0.14%	$0.24	4.34%
JBL	Jabil Inc.	0.14%	$0.33	5.48%
PFIE	Profire Energy, Inc.	0.14%	$0.00	1.99%
0R0A.L	Hecla Mining Company	0.13%	$0.02	5.24%
GNW	Genworth Financial, Inc.	0.13%	$0.01	2.27%
ONIT	Onity Group Inc.	0.13%	$0.06	1.46%
0A7O.L	MicroStrategy Incorporated	0.12%	$0.19	0.73%
0KGS.L	Pegasystems Inc.	0.12%	$0.07	4.63%
PRTAX	T. Rowe Price Tax-Free Income Fd	0.12%	$0.01	89.04%
WDC	Western Digital Corporation	0.12%	$0.22	3.25%
GEV	GE Vernova Inc.	0.11%	$0.75	12.15%
MPLF.L	Marble Point Loan Financing Limited	0.11%	$0.07	92.98%
EPAC	Enerpac Tool Group Corp.	0.10%	$0.04	2.34%
GRBK	Green Brick Partners, Inc.	0.10%	$0.07	0.85%
IR	Ingersoll Rand Inc.	0.10%	$0.08	5.89%
RAL	Ralliant Corp.	0.10%	$0.05	2.75%
TXT	Textron Inc.	0.10%	$0.08	1.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

TOBA, Inc. (7472.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener