Definitive Analysis
| Stable Growth | $7,530,502.03 - $31,672,972.43 | $18,910,225.02 |
| Multi-Stage | $4,175,904.02 - $4,576,873.92 | $4,372,672.24 |
| Blended Fair Value | $11,641,448.63 | |
| Current Price | $384,000.00 | |
| Upside | 2,931.63% | |
| Decision | Buy | |
| Metric | 5Y CAGR | 10Y CAGR | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DPS | -7.84% | -2.88% | 8,000.19 | 8,000.19 | 7,248.18 | 6,248.15 | 6,804.49 | 12,034.29 | 12,034.41 | 12,059.64 | 12,069.50 | 11,989.72 |
| YoY Growth | - | - | 0.00% | 10.38% | 16.01% | -8.18% | -43.46% | 0.00% | -0.21% | -0.08% | 0.67% | 11.84% |
| Dividend Yield | - | - | 3.17% | 3.11% | 3.26% | 1.83% | 2.87% | 9.29% | 3.85% | 3.49% | 3.41% | 2.88% |
| Net Income To Common (M) | 1,177,191.38 |
| (-) Cash Dividends Paid (M) | 73,541.71 |
| (=) Cash Retained (M) | 1,103,649.67 |
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| Required Retention Ratio | 20.0% | 12.5% | 7.5% |
| (=) Cash Required (M) | 235,438.28 | 147,148.92 | 88,289.35 |
| Cash Retained (M) | 1,103,649.67 | 1,103,649.67 | 1,103,649.67 |
| (-) Cash Required (M) | -235,438.28 | -147,148.92 | -88,289.35 |
| (=) Excess Retained (M) | 868,211.40 | 956,500.75 | 1,015,360.32 |
| (/) Shares Outstanding (M) | 7.35 | 7.35 | 7.35 |
| (=) Excess Retained per Share | 118,059.75 | 130,065.37 | 138,069.12 |
| LTM Dividend per Share | 10,000.23 | 10,000.23 | 10,000.23 |
| (+) Excess Retained per Share | 118,059.75 | 130,065.37 | 138,069.12 |
| (=) Adjusted Dividend | 128,059.98 | 140,065.61 | 148,069.35 |
| WACC / Discount Rate | 6.74% | 6.74% | 6.74% |
| Growth Rate | 4.95% | 5.95% | 6.95% |
| Fair Value | $7,530,502.03 | $18,910,225.02 | $31,672,972.43 |
| Upside / Downside | 1,861.07% | 4,824.54% | 8,148.17% |
| Metric | TTM | Dec-27 | Dec-28 | Dec-29 | Dec-30 | Dec-31 | Terminal |
|---|---|---|---|---|---|---|---|
| Net Income (M) | 1,177,191.38 | 1,247,271.54 | 1,321,523.69 | 1,400,196.19 | 1,483,552.20 | 1,571,870.53 | 1,619,026.64 |
| Payout Ratio | 6.25% | 23.00% | 39.75% | 56.50% | 73.25% | 90.00% | 92.50% |
| Projected Dividends (M) | 73,541.71 | 286,844.69 | 525,283.61 | 791,095.27 | 1,086,693.73 | 1,414,683.47 | 1,497,599.64 |
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| WACC / Discount Rate | 6.74% | 6.74% | 6.74% |
| Growth Rate | 4.95% | 5.95% | 6.95% |
| Year 1 PV (M) | 266,200.94 | 268,737.31 | 271,273.69 |
| Year 2 PV (M) | 452,396.63 | 461,058.63 | 469,802.76 |
| Year 3 PV (M) | 632,291.08 | 650,537.36 | 669,131.32 |
| Year 4 PV (M) | 806,042.96 | 837,204.91 | 869,261.80 |
| Year 5 PV (M) | 973,807.39 | 1,021,092.39 | 1,070,196.61 |
| PV of Terminal Value (M) | 27,578,859.17 | 28,918,001.08 | 30,308,664.62 |
| Equity Value (M) | 30,709,598.18 | 32,156,631.68 | 33,658,330.81 |
| Shares Outstanding (M) | 7.35 | 7.35 | 7.35 |
| Fair Value | $4,175,904.02 | $4,372,672.24 | $4,576,873.92 |
| Upside / Downside | 987.48% | 1,038.72% | 1,091.89% |
| Ticker ⇵ | Company ⇵ | Dividend Yield % ▼ | Dividend Per Share ⇵ | Payout Ratio % ⇵ |
|---|---|---|---|---|
| 0QLX.L | Metall Zug AG | 4.87% | $39.89 | 32.62% |
| 6418.T | Japan Cash Machine Co., Ltd. | 4.86% | $49.98 | 71.76% |
| A2A.MI | A2A S.p.A. | 4.86% | $0.11 | 47.95% |
| GEST.MC | Gestamp Automoción, S.A. | 4.86% | $0.15 | 50.80% |
| 2296.HK | Huarchi Global Group Holdings Limited | 4.85% | $0.05 | 78.87% |
| 7004.T | Kanadevia Corp | 4.85% | $46.09 | 36.42% |
| 001630.KS | Chong Kun Dang Holdings Corp. | 4.84% | $2,194.23 | 30.09% |
| 020000.KS | HANDSOME Corp. | 4.84% | $749.99 | 41.55% |
| 0906.HK | CPMC Holdings Limited | 4.84% | $0.34 | 39.95% |
| 603323.SS | Jiangsu Suzhou Rural Commercial Bank Co., Ltd | 4.84% | $0.24 | 24.36% |
| ESEA | Euroseas Ltd. | 4.84% | $2.62 | 15.15% |
| JPFA.JK | PT Japfa Comfeed Indonesia Tbk | 4.84% | $140.43 | 48.97% |
| LPH.BK | Ladprao General Hospital Public Company Limited | 4.84% | $0.18 | 77.89% |
| PTNT3.SA | Pettenati S.A. Industria Têxtil | 4.84% | $0.42 | 43.56% |
| 002100.KS | Kyung Nong Corporation | 4.83% | $449.74 | 46.25% |
| 3IT.F | audius SE | 4.83% | $0.67 | 47.79% |
| ME8U.SI | Mapletree Industrial Trust | 4.83% | $0.10 | 84.21% |
| SOAG.OL | SpareBank 1 Østfold Akershus | 4.83% | $21.88 | 42.41% |
| 0693.HK | Tan Chong International Limited | 4.82% | $0.10 | 28.87% |
| 2152.HK | Suxin Joyful Life Services Co., Ltd. | 4.82% | $0.27 | 19.91% |
| BDMN.JK | PT Bank Danamon Indonesia Tbk | 4.82% | $119.56 | 31.76% |
| EKAD.JK | PT Ekadharma International Tbk | 4.82% | $8.87 | 98.38% |
| PTG-R.BK | PTG Energy Public Company Limited | 4.82% | $0.34 | 62.48% |
| VEND.OL | Vend Marketplaces ASA | 4.82% | $17.24 | 49.52% |
| 1890.HK | China Kepei Education Group Limited | 4.81% | $0.06 | 16.29% |
| BASS.PA | Bassac S.A. | 4.81% | $2.46 | 28.93% |
| DEYAAR.AE | Deyaar Development PJSC | 4.81% | $0.05 | 40.79% |
| SDF.AX | Steadfast Group Limited | 4.81% | $0.26 | 50.20% |
| SXE.AX | Southern Cross Electrical Engineering Limited | 4.81% | $0.12 | 59.32% |
| HPOL-B.ST | HEXPOL AB (publ) | 4.80% | $4.21 | 74.04% |
| MEGA-R.BK | Mega Lifesciences Public Company Limited | 4.80% | $1.61 | 70.67% |
| PTL-R.BK | Polyplex (Thailand) Public Company Limited | 4.80% | $0.40 | 81.34% |
| 000828.SZ | Dongguan Development (Holdings) Co., Ltd. | 4.79% | $0.52 | 50.35% |
| 002372.SZ | Zhejiang Weixing New Building Materials Co., Ltd. | 4.79% | $0.50 | 90.51% |
| 002736.SZ | Guosen Securities Co., Ltd. | 4.79% | $0.63 | 51.57% |
| 600612.SS | Lao Feng Xiang Co., Ltd. | 4.79% | $2.13 | 69.19% |
| 6285.TW | WNC Corporation | 4.79% | $4.79 | 75.15% |
| 6642.TWO | Fuzetec Technology Co., Ltd. | 4.79% | $2.50 | 94.93% |
| BSGR.AS | B&S Group S.A. | 4.79% | $0.28 | 24.05% |
| 030210.KS | Daol Investment & Securities Co., Ltd. | 4.78% | $165.86 | 88.74% |
| 0960.HK | Longfor Group Holdings Limited | 4.78% | $0.42 | 15.35% |
| 2176.HK | CCID Consulting Company Limited | 4.78% | $0.08 | 66.12% |
| 600820.SS | Shanghai Tunnel Engineering Co., Ltd. | 4.77% | $0.31 | 38.17% |
| 8097.T | San-Ai Obbli Co., Ltd. | 4.77% | $100.80 | 88.28% |
| 2722.HK | Chongqing Machinery & Electric Co., Ltd. | 4.76% | $0.09 | 35.27% |
| 7267.T | Honda Motor Co., Ltd. | 4.76% | $73.14 | 47.07% |
| VALMT.HE | Valmet Oyj | 4.76% | $1.35 | 90.84% |
| 000928.SZ | Sinosteel Engineering & Technology Co., Ltd. | 4.75% | $0.31 | 60.04% |
| 029780.KS | Samsung Card Co., Ltd. | 4.75% | $2,578.91 | 46.87% |
| 2020.HK | ANTA Sports Products Limited | 4.75% | $3.89 | 40.14% |