Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Wave Power Technology Inc. (6895.TWO)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$649.97 - $765.77$717.64
Multi-Stage$442.39 - $485.35$463.47
Blended Fair Value$590.56
Current Price$269.00
Upside119.54%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS30.19%0.00%2.203.142.281.640.220.590.000.000.000.00
YoY Growth---29.86%38.00%38.89%644.00%-62.60%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--1.68%3.06%1.40%0.00%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)131.12
(-) Cash Dividends Paid (M)78.43
(=) Cash Retained (M)52.69
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)26.2216.399.83
Cash Retained (M)52.6952.6952.69
(-) Cash Required (M)-26.22-16.39-9.83
(=) Excess Retained (M)26.4736.3042.86
(/) Shares Outstanding (M)34.0534.0534.05
(=) Excess Retained per Share0.781.071.26
LTM Dividend per Share2.302.302.30
(+) Excess Retained per Share0.781.071.26
(=) Adjusted Dividend3.083.373.56
WACC / Discount Rate2.40%2.40%2.40%
Growth Rate5.50%6.50%7.50%
Fair Value$649.97$717.64$765.77
Upside / Downside141.62%166.78%184.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)131.12139.64148.72158.39168.68179.65185.04
Payout Ratio59.81%65.85%71.89%77.93%83.96%90.00%92.50%
Projected Dividends (M)78.4391.96106.91123.43141.63161.68171.16

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.40%2.40%2.40%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)88.9689.8090.65
Year 2 PV (M)100.06101.96103.89
Year 3 PV (M)111.75114.96118.22
Year 4 PV (M)124.05128.82133.73
Year 5 PV (M)137.00143.62150.49
PV of Terminal Value (M)14,502.9215,203.4215,930.73
Equity Value (M)15,064.7415,782.5816,527.70
Shares Outstanding (M)34.0534.0534.05
Fair Value$442.39$463.47$485.35
Upside / Downside64.46%72.29%80.43%

High-Yield Dividend Screener

« Prev Page 32 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603551.SSAUPU Intelligent Technology Corporation Limited4.75%$0.5570.57%
ABCB4.SABanco ABC Brasil S.A.4.75%$1.1227.47%
ASSA.JKPT Adi Sarana Armada Tbk4.75%$55.3753.84%
CHMF.MEPJSC Severstal4.75%$45.6947.39%
LMN.SWlastminute.com N.V.4.75%$0.6239.82%
LREN3.SALojas Renner S.A.4.75%$0.6445.84%
POT.NZPort of Tauranga Limited4.75%$0.3793.98%
005720.KSNexen Corporation4.74%$283.1621.67%
0DTK.LSavencia S.A.4.74%$2.9720.78%
1368.HKXtep International Holdings Limited4.74%$0.2535.82%
3030.SRSaudi Cement Company4.74%$1.6459.10%
EGIE3.SAEngie Brasil Energia S.A.4.74%$1.4839.71%
3570.TWOOtsuka Information Technology Corp.4.73%$7.9755.25%
600096.SSYunnan Yuntianhua Co., Ltd.4.73%$1.5851.07%
CHE-UN.TOChemtrade Logistics Income Fund4.73%$0.7071.01%
GVHGlobavend Holdings Limited4.73%$0.0761.06%
MOUR.BRMoury Construct S.A.4.73%$27.3520.85%
1578.HKBank of Tianjin Co., Ltd.4.72%$0.1210.90%
601598.SSSinotrans Limited4.72%$0.2956.81%
6393.TYuken Kogyo Co., Ltd.4.72%$152.0845.60%
7278.TEXEDY Corporation4.72%$264.7876.11%
SHURB.XDShurgard Self Storage Ltd4.72%$1.3821.77%
TDThe Toronto-Dominion Bank4.72%$4.4637.31%
0QLW.LALSO Holding AG4.71%$10.0755.86%
111110.KSHojeon Limited4.71%$377.8120.16%
3413.TWFoxsemicon Integrated Technology Inc.4.71%$13.2962.47%
BVG.BKBlueVenture Group Public Company Limited4.71%$0.0858.67%
DUNI.STDuni AB (publ)4.71%$5.0071.87%
002810.KSSamyung Trading Co., Ltd.4.70%$746.8222.45%
013520.KSHwaseung Corporation Co.,Ltd.4.70%$101.2413.31%
2S.BK2S Metal Public Company Limited4.70%$0.1176.54%
COLOR.BKSalee Colour Public Company Limited4.70%$0.0565.65%
GJTL.JKPT. Gajah Tunggal Tbk4.70%$49.8216.37%
JHSF3.SAJHSF Participações S.A.4.70%$0.3719.33%
0QLN.LTecan Group AG4.69%$6.0146.42%
2891.TWCTBC Financial Holding Co., Ltd.4.69%$2.3963.03%
9536.SRArabian Food & Dairy Factories Company4.69%$2.7742.88%
KAMART.BKKarmarts Public Company Limited4.69%$0.4280.09%
SNW.DESanofi4.69%$3.8751.33%
WWL.WAWawel S.A.4.69%$35.0061.86%
603299.SSJiang Su Suyan Jingshen Co.,Ltd.4.68%$0.4972.35%
001790.KSTS Corporation4.67%$129.8523.71%
6049.HKPoly Property Services Co., Ltd.4.67%$1.5127.86%
ABRD.MEPJSC Abrau-Durso4.67%$7.7335.43%
CURY3.SACury Construtora e Incorporadora S.A.4.67%$1.4749.28%
INCI.JKPT Intanwijaya Internasional Tbk4.67%$34.7631.60%
NTGY.MCNaturgy Energy Group, S.A.4.67%$1.2057.49%
1015.KLAMMB Holdings Berhad4.66%$0.3048.65%
1686.HKSUNeVision Holdings Ltd.4.66%$0.2247.87%
1834.SRSaudi Manpower Solutions Co.4.66%$0.2581.73%