Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Fukuoka REIT Corporation (8968.T)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$289,366.77 - $583,114.47$403,273.29
Multi-Stage$431,250.14 - $472,958.43$451,709.46
Blended Fair Value$427,491.37
Current Price$184,400.00
Upside131.83%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS2.59%3.66%7,970.977,228.516,790.676,764.786,320.367,012.896,960.386,223.276,168.596,403.17
YoY Growth--10.27%6.45%0.38%7.03%-9.88%0.75%11.84%0.89%-3.66%15.10%
Dividend Yield--4.32%4.87%4.19%3.97%3.60%5.14%3.90%3.65%3.75%3.44%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)14,275.18
(-) Cash Dividends Paid (M)9,080.62
(=) Cash Retained (M)5,194.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,855.041,784.401,070.64
Cash Retained (M)5,194.575,194.575,194.57
(-) Cash Required (M)-2,855.04-1,784.40-1,070.64
(=) Excess Retained (M)2,339.533,410.174,123.93
(/) Shares Outstanding (M)0.830.830.83
(=) Excess Retained per Share2,810.614,096.834,954.31
LTM Dividend per Share10,909.0710,909.0710,909.07
(+) Excess Retained per Share2,810.614,096.834,954.31
(=) Adjusted Dividend13,719.6815,005.9015,863.38
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate1.66%2.66%3.66%
Fair Value$289,366.77$403,273.29$583,114.47
Upside / Downside56.92%118.69%216.22%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)14,275.1814,655.2115,045.3615,445.8915,857.0916,279.2416,767.61
Payout Ratio63.61%68.89%74.17%79.44%84.72%90.00%92.50%
Projected Dividends (M)9,080.6210,095.8211,158.6512,270.9113,434.4814,651.3115,510.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate1.66%2.66%3.66%
Year 1 PV (M)9,388.879,481.239,573.58
Year 2 PV (M)9,650.619,841.4110,034.06
Year 3 PV (M)9,869.4210,163.5410,463.44
Year 4 PV (M)10,048.6510,449.8910,863.04
Year 5 PV (M)10,191.4210,702.6211,234.13
PV of Terminal Value (M)309,819.98325,360.43341,518.33
Equity Value (M)358,968.95375,999.11393,686.57
Shares Outstanding (M)0.830.830.83
Fair Value$431,250.14$451,709.46$472,958.43
Upside / Downside133.87%144.96%156.49%

High-Yield Dividend Screener

« Prev Page 31 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0QLX.LMetall Zug AG4.87%$39.8932.62%
6418.TJapan Cash Machine Co., Ltd.4.86%$49.9871.76%
A2A.MIA2A S.p.A.4.86%$0.1147.95%
GEST.MCGestamp Automoción, S.A.4.86%$0.1550.80%
2296.HKHuarchi Global Group Holdings Limited4.85%$0.0578.87%
7004.TKanadevia Corp4.85%$46.0936.42%
001630.KSChong Kun Dang Holdings Corp.4.84%$2,194.2330.09%
020000.KSHANDSOME Corp.4.84%$749.9941.55%
0906.HKCPMC Holdings Limited4.84%$0.3439.95%
603323.SSJiangsu Suzhou Rural Commercial Bank Co., Ltd4.84%$0.2424.36%
ESEAEuroseas Ltd.4.84%$2.6215.15%
JPFA.JKPT Japfa Comfeed Indonesia Tbk4.84%$140.4348.97%
LPH.BKLadprao General Hospital Public Company Limited4.84%$0.1877.89%
PTNT3.SAPettenati S.A. Industria Têxtil4.84%$0.4243.56%
002100.KSKyung Nong Corporation4.83%$449.7446.25%
3IT.Faudius SE4.83%$0.6747.79%
ME8U.SIMapletree Industrial Trust4.83%$0.1084.21%
SOAG.OLSpareBank 1 Østfold Akershus4.83%$21.8842.41%
0693.HKTan Chong International Limited4.82%$0.1028.87%
2152.HKSuxin Joyful Life Services Co., Ltd.4.82%$0.2719.91%
BDMN.JKPT Bank Danamon Indonesia Tbk4.82%$119.5631.76%
EKAD.JKPT Ekadharma International Tbk4.82%$8.8798.38%
PTG-R.BKPTG Energy Public Company Limited4.82%$0.3462.48%
VEND.OLVend Marketplaces ASA4.82%$17.2449.52%
1890.HKChina Kepei Education Group Limited4.81%$0.0616.29%
BASS.PABassac S.A.4.81%$2.4628.93%
DEYAAR.AEDeyaar Development PJSC4.81%$0.0540.79%
SDF.AXSteadfast Group Limited4.81%$0.2650.20%
SXE.AXSouthern Cross Electrical Engineering Limited4.81%$0.1259.32%
HPOL-B.STHEXPOL AB (publ)4.80%$4.2174.04%
MEGA-R.BKMega Lifesciences Public Company Limited4.80%$1.6170.67%
PTL-R.BKPolyplex (Thailand) Public Company Limited4.80%$0.4081.34%
000828.SZDongguan Development (Holdings) Co., Ltd.4.79%$0.5250.35%
002372.SZZhejiang Weixing New Building Materials Co., Ltd.4.79%$0.5090.51%
002736.SZGuosen Securities Co., Ltd.4.79%$0.6351.57%
600612.SSLao Feng Xiang Co., Ltd.4.79%$2.1369.19%
6285.TWWNC Corporation4.79%$4.7975.15%
6642.TWOFuzetec Technology Co., Ltd.4.79%$2.5094.93%
BSGR.ASB&S Group S.A.4.79%$0.2824.05%
030210.KSDaol Investment & Securities Co., Ltd.4.78%$165.8688.74%
0960.HKLongfor Group Holdings Limited4.78%$0.4215.35%
2176.HKCCID Consulting Company Limited4.78%$0.0866.12%
600820.SSShanghai Tunnel Engineering Co., Ltd.4.77%$0.3138.17%
8097.TSan-Ai Obbli Co., Ltd.4.77%$100.8088.28%
2722.HKChongqing Machinery & Electric Co., Ltd.4.76%$0.0935.27%
7267.THonda Motor Co., Ltd.4.76%$73.1447.07%
VALMT.HEValmet Oyj4.76%$1.3590.84%
000928.SZSinosteel Engineering & Technology Co., Ltd.4.75%$0.3160.04%
029780.KSSamsung Card Co., Ltd.4.75%$2,578.9146.87%
2020.HKANTA Sports Products Limited4.75%$3.8940.14%