Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Toray Industries, Inc. (3402.T)

Company Dividend Discount ModelIndustry: Apparel - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$1,127.94 - $5,050.20$1,972.42
Multi-Stage$3,305.26 - $3,642.72$3,470.69
Blended Fair Value$2,721.55
Current Price$945.30
Upside187.90%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS2.40%5.96%18.5218.5217.4912.8612.8616.4516.4514.3914.3912.33
YoY Growth--0.01%5.89%35.98%0.01%-21.84%0.04%14.29%0.02%16.65%18.78%
Dividend Yield--1.87%2.43%2.18%1.69%1.74%3.24%2.01%1.65%1.53%1.42%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)59,322.00
(-) Cash Dividends Paid (M)28,334.00
(=) Cash Retained (M)30,988.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11,864.407,415.254,449.15
Cash Retained (M)30,988.0030,988.0030,988.00
(-) Cash Required (M)-11,864.40-7,415.25-4,449.15
(=) Excess Retained (M)19,123.6023,572.7526,538.85
(/) Shares Outstanding (M)1,556.741,556.741,556.74
(=) Excess Retained per Share12.2815.1417.05
LTM Dividend per Share18.2018.2018.20
(+) Excess Retained per Share12.2815.1417.05
(=) Adjusted Dividend30.4933.3435.25
WACC / Discount Rate3.17%3.17%3.17%
Growth Rate0.46%1.46%2.46%
Fair Value$1,127.94$1,972.42$5,050.20
Upside / Downside19.32%108.66%434.24%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)59,322.0060,186.6761,063.9561,954.0162,857.0563,773.2565,686.44
Payout Ratio47.76%56.21%64.66%73.11%81.55%90.00%92.50%
Projected Dividends (M)28,334.0033,831.2039,482.6345,291.6251,261.5657,395.9260,759.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate3.17%3.17%3.17%
Growth Rate0.46%1.46%2.46%
Year 1 PV (M)32,467.6432,790.8433,114.04
Year 2 PV (M)36,364.1037,091.6737,826.45
Year 3 PV (M)40,032.9841,240.4442,471.94
Year 4 PV (M)43,483.5945,241.0347,051.22
Year 5 PV (M)46,724.8549,097.2251,564.98
PV of Terminal Value (M)4,946,344.635,197,485.735,458,725.77
Equity Value (M)5,145,417.795,402,946.935,670,754.39
Shares Outstanding (M)1,556.741,556.741,556.74
Fair Value$3,305.26$3,470.69$3,642.72
Upside / Downside249.65%267.15%285.35%

High-Yield Dividend Screener

« Prev Page 36 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603317.SSSichuan Teway Food Group Co.,Ltd4.37%$0.5599.52%
ATRUST.ATAlpha Trust Mutual Fund and Alternative Investment Fund Management S.A.4.37%$0.5666.75%
BAM-R.BKBangkok Commercial Asset Management Public Company Limited4.37%$0.3550.66%
BPP-R.BKBanpu Power Public Company Limited4.37%$0.5585.50%
CRR-UN.TOCrombie Real Estate Investment Trust4.37%$0.6776.03%
U14.SIUOL Group Limited4.37%$0.3828.25%
016710.KSDaesung Holdings Co., Ltd.4.36%$368.1823.51%
093050.KSLF Corp.4.36%$772.5624.62%
600285.SSHenan Lingrui Pharmaceutical Co., Ltd.4.36%$0.9064.11%
EMAARDEV.AEEmaar Development PJSC4.36%$0.6827.01%
EN.PABouygues S.A.4.36%$1.9772.18%
HWX.TOHeadwater Exploration Inc.4.36%$0.4257.78%
PIRC.MIPirelli & C. S.p.A.4.36%$0.2651.67%
ZWACK.BDZwack Unicum Nyrt.4.36%$1,500.0088.31%
000531.SZGuangzhou Hengyun Enterprises Holding Ltd4.35%$0.2868.19%
000538.SZYunnan Baiyao Group Co.,Ltd4.35%$2.4784.67%
4792.TYAMADA Consulting Group Co.,Ltd.4.35%$76.8861.51%
603165.SSZhejiang Rongsheng Environmental Protection Paper Joint Stock Co., Ltd.4.35%$0.5573.83%
SBFG3.SAGrupo SBF S.A.4.35%$0.5537.97%
000240.KSHankook & Company Co., Ltd.4.34%$1,090.2033.39%
WCP.TOWhitecap Resources Inc.4.34%$0.5168.17%
8595.TJAFCO Group Co., Ltd.4.33%$104.3181.02%
ADW-A.TOAndrew Peller Limited4.33%$0.2364.87%
ITRNIturan Location and Control Ltd.4.33%$1.8464.72%
MRG-UN.TOMorguard North American Residential Real Estate Investment Trust4.33%$0.7528.03%
SYNEX-R.BKSynnex (Thailand) Public Company Limited4.33%$0.4353.70%
002275.SZGuilin Sanjin Pharmaceutical Co., Ltd.4.32%$0.6168.51%
091700.KQPartron Co., Ltd.4.32%$299.9351.71%
000333.SZMidea Group Co., Ltd.4.31%$3.3757.37%
002460.KSHS Hwasung Co., Ltd.4.31%$499.9314.25%
002833.SZGuangzhou KDT Machinery Co.,Ltd.4.31%$0.7074.51%
1050.HKKarrie International Holdings Limited4.31%$0.1159.43%
2763.TFTGroup Co., Ltd.4.31%$55.3330.88%
SB1NO.OLSpareBank 1 Sørøst-Norge4.31%$8.5049.18%
018250.KSAekyung Industrial Co., Ltd.4.30%$579.5745.50%
300441.SZNingbo BaoSi Energy Equipment Co., Ltd.4.30%$0.3272.05%
4042.TTosoh Corporation4.30%$101.0478.91%
4261.SRTheeb Rent A Car Company4.30%$1.6436.96%
AVIA.JKPT Avia Avian Tbk4.30%$22.3878.99%
PREVA.ASValue8 N.V.4.30%$0.2111.56%
SONYN.MXSony Group Corporation4.30%$20.0110.30%
SYMC.BKSymphony Communication Public Company Limited4.30%$0.1542.26%
TOA.BKTOA Paint (Thailand) Public Company Limited4.30%$0.5846.29%
2546.TWKedge Construction Co., Ltd.4.29%$3.6945.15%
267290.KSKyungdong City Gas Co., Ltd4.29%$875.0617.76%
601168.SSWestern Mining Co.,Ltd.4.29%$1.1989.92%
INH.DEINDUS Holding AG4.29%$1.2259.56%
OSP-R.BKOsotspa Public Company Limited4.29%$0.6959.37%
PE1.AXPengana Private Equity Trust4.29%$0.0632.51%
003540.KSDaishin Securities Co., Ltd.4.28%$1,158.7444.30%