Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Takara Standard Co.,Ltd. (7981.T)

Company Dividend Discount ModelIndustry: Furnishings, Fixtures & AppliancesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$4,979.21 - $13,681.82$7,696.34
Multi-Stage$5,608.13 - $6,150.81$5,874.37
Blended Fair Value$6,785.36
Current Price$2,613.00
Upside159.68%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS9.26%6.25%56.1755.1862.5140.4837.1736.0835.0032.8231.7330.65
YoY Growth--1.79%-11.73%54.43%8.89%3.03%3.08%6.65%3.44%3.51%0.05%
Dividend Yield--2.31%3.18%3.40%3.24%2.45%2.36%2.00%1.78%1.73%1.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)14,156.00
(-) Cash Dividends Paid (M)5,270.00
(=) Cash Retained (M)8,886.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,831.201,769.501,061.70
Cash Retained (M)8,886.008,886.008,886.00
(-) Cash Required (M)-2,831.20-1,769.50-1,061.70
(=) Excess Retained (M)6,054.807,116.507,824.30
(/) Shares Outstanding (M)66.8566.8566.85
(=) Excess Retained per Share90.57106.46117.04
LTM Dividend per Share78.8378.8378.83
(+) Excess Retained per Share90.57106.46117.04
(=) Adjusted Dividend169.41185.29195.88
WACC / Discount Rate6.44%6.44%6.44%
Growth Rate2.94%3.94%4.94%
Fair Value$4,979.21$7,696.34$13,681.82
Upside / Downside90.56%194.54%423.61%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)14,156.0014,714.1015,294.2115,897.1816,523.9317,175.3917,690.65
Payout Ratio37.23%47.78%58.34%68.89%79.45%90.00%92.50%
Projected Dividends (M)5,270.007,030.758,922.1510,951.7613,127.5415,457.8516,363.85

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.44%6.44%6.44%
Growth Rate2.94%3.94%4.94%
Year 1 PV (M)6,541.526,605.066,668.61
Year 2 PV (M)7,723.657,874.448,026.68
Year 3 PV (M)8,820.919,080.489,345.09
Year 4 PV (M)9,837.6010,225.4710,624.69
Year 5 PV (M)10,777.8411,311.6011,866.30
PV of Terminal Value (M)331,196.72347,598.80364,644.36
Equity Value (M)374,898.25392,695.84411,175.73
Shares Outstanding (M)66.8566.8566.85
Fair Value$5,608.13$5,874.37$6,150.81
Upside / Downside114.62%124.81%135.39%

High-Yield Dividend Screener

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