Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Mitsubishi Corporation (8058.T)

Company Dividend Discount ModelIndustry: ConglomeratesSector: Industrials

Valuation Snapshot

Stable Growth$19,755.10 - $39,310.13$36,839.35
Multi-Stage$6,122.71 - $6,699.79$6,405.96
Blended Fair Value$21,622.65
Current Price$2,888.00
Upside648.71%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS11.60%10.38%84.6272.5556.5850.3749.4148.8849.0238.0321.5521.81
YoY Growth--16.64%28.23%12.32%1.94%1.09%-0.29%28.91%76.44%-1.19%-30.77%
Dividend Yield--2.93%2.23%2.45%3.74%4.90%6.46%5.05%3.71%2.74%3.66%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)799,471.00
(-) Cash Dividends Paid (M)397,713.00
(=) Cash Retained (M)401,758.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)159,894.2099,933.8859,960.33
Cash Retained (M)401,758.00401,758.00401,758.00
(-) Cash Required (M)-159,894.20-99,933.88-59,960.33
(=) Excess Retained (M)241,863.80301,824.13341,797.68
(/) Shares Outstanding (M)4,044.634,044.634,044.63
(=) Excess Retained per Share59.8074.6284.51
LTM Dividend per Share98.3398.3398.33
(+) Excess Retained per Share59.8074.6284.51
(=) Adjusted Dividend158.13172.95182.84
WACC / Discount Rate6.34%6.34%6.34%
Growth Rate5.50%6.50%7.50%
Fair Value$19,755.10$36,839.35$39,310.13
Upside / Downside584.04%1,175.60%1,261.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)799,471.00851,436.62906,779.99965,720.691,028,492.541,095,344.551,128,204.89
Payout Ratio49.75%57.80%65.85%73.90%81.95%90.00%92.50%
Projected Dividends (M)397,713.00492,110.07597,098.41713,656.08842,843.51985,810.101,043,589.52

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.34%6.34%6.34%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)458,405.86462,750.94467,096.02
Year 2 PV (M)518,109.73527,978.26537,939.90
Year 3 PV (M)576,836.48593,395.38610,268.19
Year 4 PV (M)634,597.86659,002.71684,104.78
Year 5 PV (M)691,405.51724,800.66759,473.91
PV of Terminal Value (M)21,884,728.4122,941,768.9824,039,264.97
Equity Value (M)24,764,083.8625,909,696.9327,098,147.77
Shares Outstanding (M)4,044.634,044.634,044.63
Fair Value$6,122.71$6,405.96$6,699.79
Upside / Downside112.01%121.81%131.99%

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