Definitive Analysis
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Analysis Mode

Ticker

Industry

Sector

Otsuka Information Technology Corp. (3570.TWO)

Company Dividend Discount ModelIndustry: Software - ApplicationSector: Technology

Valuation Snapshot

Stable Growth$632.93 - $2,867.22$1,456.36
Multi-Stage$335.59 - $366.70$350.86
Blended Fair Value$903.61
Current Price$205.50
Upside339.71%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS21.67%0.00%7.967.475.975.185.482.991.272.993.480.00
YoY Growth--6.67%25.00%15.39%-5.46%83.33%134.38%-57.33%-14.29%0.00%0.00%
Dividend Yield--4.69%4.53%5.17%6.15%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)247.58
(-) Cash Dividends Paid (M)136.78
(=) Cash Retained (M)110.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)49.5230.9518.57
Cash Retained (M)110.80110.80110.80
(-) Cash Required (M)-49.52-30.95-18.57
(=) Excess Retained (M)61.2979.8592.23
(/) Shares Outstanding (M)17.1717.1717.17
(=) Excess Retained per Share3.574.655.37
LTM Dividend per Share7.967.967.96
(+) Excess Retained per Share3.574.655.37
(=) Adjusted Dividend11.5312.6213.34
WACC / Discount Rate7.42%7.42%7.42%
Growth Rate5.50%6.50%7.50%
Fair Value$632.93$1,456.36$2,867.22
Upside / Downside207.99%608.69%1,295.24%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)247.58263.67280.81299.06318.50339.20349.38
Payout Ratio55.25%62.20%69.15%76.10%83.05%90.00%92.50%
Projected Dividends (M)136.78163.99194.17227.58264.51305.28323.18

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.42%7.42%7.42%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)151.23152.66154.10
Year 2 PV (M)165.12168.27171.44
Year 3 PV (M)178.47183.59188.81
Year 4 PV (M)191.28198.64206.21
Year 5 PV (M)203.58213.42223.63
PV of Terminal Value (M)4,873.135,108.515,352.89
Equity Value (M)5,762.826,025.086,297.07
Shares Outstanding (M)17.1717.1717.17
Fair Value$335.59$350.86$366.70
Upside / Downside63.30%70.73%78.44%

High-Yield Dividend Screener

« Prev Page 30 of 30
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
LZOEXLazard Emerging Markets Equity Portfolio0.09%$0.0236.87%
PWRQuanta Services, Inc.0.09%$0.395.78%
AAMIAcadian Asset Management0.08%$0.041.59%
PDLBPonce Financial Group, Inc.0.08%$0.011.31%
VRTVertiv Holdings Co0.08%$0.155.48%
0J46.LHEICO Corporation0.07%$0.234.98%
0JYM.LMarkel Corporation0.07%$1.410.87%
CHCIComstock Holding Companies, Inc.0.06%$0.010.56%
MTVCMotive Capital Corp II0.06%$0.012.21%
ENJEntergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 20520.05%$0.010.31%
ENOEntergy New Orleans, LLC First Mortgage Bonds, 5.50% Series due April 1, 20660.05%$0.010.31%
AJRDAerojet Rocketdyne Holdings, Inc.0.04%$0.022.70%
ERESEast Resources Acquisition Company0.04%$0.001.55%
NBNNortheast Bank0.04%$0.040.38%
ARHSArhaus, Inc.0.03%$0.000.61%
BSIGBrightSphere Investment Group Inc.0.03%$0.010.34%
EWCZEuropean Wax Center, Inc.0.03%$0.000.37%
WIREEncore Wire Corporation0.03%$0.080.42%
ACFNAcorn Energy, Inc.0.02%$0.000.09%
ACMRACM Research, Inc.0.02%$0.010.62%
CFBCrossFirst Bankshares, Inc.0.02%$0.000.21%
FDSBFifth District Savings Bank0.02%$0.000.35%
GRDNGuardian Pharmacy Services, Inc.0.02%$0.000.75%
NVDANVIDIA Corporation0.02%$0.040.98%
AMGAffiliated Managers Group, Inc.0.01%$0.040.23%
BSX-PABoston Scientific Corporation0.01%$0.020.82%
FIGRFigure Technology Solutions, Inc. Class A Common Stock0.01%$0.002.22%
GNRCGenerac Holdings Inc.0.01%$0.010.18%
LAURLaureate Education, Inc.0.01%$0.000.22%
PLNTPlanet Fitness, Inc.0.01%$0.010.57%
SUMSummit Materials, Inc.0.01%$0.000.32%
BEBloom Energy Corporation0.00%$0.006.20%
BJRIBJ's Restaurants, Inc.0.00%$0.000.01%
CXWCoreCivic, Inc.0.00%$0.000.04%
INFAInformatica Inc.0.00%$0.000.10%
MMMBMamaMancini's Holdings, Inc.0.00%$0.000.04%
PMOPutnam Municipal Opportunities Trust0.00%$0.000.05%
SENEASeneca Foods Corporation0.00%$0.000.04%
SLCAU.S. Silica Holdings, Inc.0.00%$0.000.02%
UNITUniti Group Inc.0.00%$0.000.00%