Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

NTT UD REIT Investment Corporation (8956.T)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$246,491.61 - $562,728.60$359,060.97
Multi-Stage$322,476.34 - $353,519.83$337,705.87
Blended Fair Value$348,383.42
Current Price$134,200.00
Upside159.60%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.24%7.68%6,001.315,760.326,714.285,269.205,105.885,115.754,710.914,557.994,305.193,448.54
YoY Growth--4.18%-14.21%27.43%3.20%-0.19%8.59%3.35%5.87%24.84%20.45%
Dividend Yield--5.50%4.62%4.61%3.49%4.45%3.16%4.04%4.54%3.19%2.90%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)18,173.89
(-) Cash Dividends Paid (M)11,014.00
(=) Cash Retained (M)7,159.88
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,634.782,271.741,363.04
Cash Retained (M)7,159.887,159.887,159.88
(-) Cash Required (M)-3,634.78-2,271.74-1,363.04
(=) Excess Retained (M)3,525.114,888.155,796.84
(/) Shares Outstanding (M)1.461.461.46
(=) Excess Retained per Share2,414.783,348.493,970.97
LTM Dividend per Share7,544.847,544.847,544.84
(+) Excess Retained per Share2,414.783,348.493,970.97
(=) Adjusted Dividend9,959.6210,893.3411,515.82
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate2.35%3.35%4.35%
Fair Value$246,491.61$359,060.97$562,728.60
Upside / Downside83.67%167.56%319.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)18,173.8918,782.1519,410.7620,060.4220,731.8221,425.6922,068.46
Payout Ratio60.60%66.48%72.36%78.24%84.12%90.00%92.50%
Projected Dividends (M)11,014.0012,486.8914,046.0315,695.5517,439.7519,283.1220,413.32

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate2.35%3.35%4.35%
Year 1 PV (M)11,613.2611,726.7311,840.20
Year 2 PV (M)12,149.3612,387.9412,628.83
Year 3 PV (M)12,626.3113,000.0413,381.07
Year 4 PV (M)13,047.8813,565.3514,098.06
Year 5 PV (M)13,417.6714,086.1014,780.92
PV of Terminal Value (M)407,898.09428,218.56449,340.93
Equity Value (M)470,752.58492,984.72516,070.01
Shares Outstanding (M)1.461.461.46
Fair Value$322,476.34$337,705.87$353,519.83
Upside / Downside140.30%151.64%163.43%

High-Yield Dividend Screener

« Prev Page 37 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
030200.KSKT Corporation4.28%$2,195.0057.50%
0QL7.LCompagnie Financière Tradition S.A.4.28%$12.3042.79%
603788.SSNingbo Gaofa Automotive Control System Co., Ltd.4.28%$0.7080.53%
CONCHATORO.SNViña Concha y Toro S.A.4.28%$43.5341.21%
EDHN.SWEnergiedienst Holding AG4.28%$1.6927.11%
LHPF.BKLand and Houses Freehold and Leasehold Property Fund4.28%$0.2228.94%
003816.SZCGN Power Co., Ltd.4.27%$0.1686.16%
033920.KSMuhak Co., Ltd.4.27%$390.0321.54%
0NWC.Lsecunet Security Networks AG4.27%$7.8278.31%
HAKI-B.STHAKI Safety AB (publ)4.27%$0.9165.00%
ULG.WAUltimate Games S.A.4.27%$0.5063.41%
0QQ6.LRoche Holding AG4.26%$14.3770.63%
3287.THoshino Resorts REIT, Inc.4.26%$11,118.4364.80%
4161.SRBin Dawood Holding Company4.26%$0.2086.85%
600548.SSShenzhen Expressway Corporation Limited4.26%$0.3776.64%
0F8V.LAkwel4.25%$0.3514.62%
GGPS3.SAGPS Participações e Empreendimentos S.A.4.25%$0.6869.54%
NNGF.DENational Grid plc4.25%$0.5760.16%
002352.SZS.F. Holding Co., Ltd.4.24%$1.6375.31%
075180.KSSaeron Automotive Corporation4.24%$139.9669.90%
3052.TWApex Science & Engineering Corp.4.24%$0.5142.05%
600874.SSTianjin Capital Environmental Protection Group Company Limited4.24%$0.2547.55%
603277.SSYindu Kitchen Equipment Co., Ltd4.24%$0.7181.68%
6436.TAmano Corporation4.24%$178.4472.65%
IFI.WAIfirma S.A.4.24%$1.4070.58%
INA.AXIngenia Communities Group4.24%$0.2263.81%
000685.SZZhongshan Public Utilities Group Co.,Ltd.4.23%$0.4952.11%
BRAV.STBravida Holding AB (publ)4.23%$3.7466.06%
DBG.PADerichebourg S.A.4.23%$0.2922.71%
EZZ.AXEZZ Life Science Holdings Limited4.23%$0.0621.17%
INTB3.SAIntelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira4.23%$0.4933.98%
078000.KSTelcoware Co.,Ltd.4.22%$636.2960.41%
0QQY.LMobimo Holding AG4.22%$10.1529.78%
2337.HKUnited Strength Power Holdings Limited4.22%$0.0729.24%
284740.KSCUCKOO Homesys Co., Ltd4.22%$1,000.3319.58%
603195.SSGoneo Group Co., Ltd.4.22%$1.7277.84%
8972.TKDX Realty Investment Corporation4.22%$7,423.1334.15%
ALOS3.SAAllos S.A.4.22%$1.2081.15%
VVL.OLVoss Veksel- og Landmandsbank ASA4.22%$17.0543.31%
600361.SSInnovation New Material Technology Co., Ltd. Class A4.21%$0.1877.50%
603008.SSXilinmen Furniture Co.,Ltd4.21%$0.8692.46%
PJAA.JKPT Pembangunan Jaya Ancol Tbk4.21%$24.0027.50%
SPC.BKSaha Pathanapibul Public Company Limited4.21%$2.4230.73%
603365.SSShanghai Shuixing Home Textile Co., Ltd.4.20%$0.8864.58%
6275.TWOYen Sun Technology Corporation4.20%$2.2581.25%
CULTIBAB.MXOrganización Cultiba, S.A.B. de C.V.4.20%$0.5024.67%
HEID.SWHeidelbergCement AG4.20%$3.3031.09%
002597.SZAnhui Jinhe Industrial Co.,Ltd.4.19%$0.8788.56%
003780.KSChin Yang Industry Co., Ltd.4.19%$281.3537.66%
CWC.DECEWE Stiftung & Co. KGaA4.19%$4.2753.25%