Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

NEC Corporation (6701.T)

Company Dividend Discount ModelIndustry: Information Technology ServicesSector: Technology

Valuation Snapshot

Stable Growth$3,218.53 - $6,721.77$4,543.97
Multi-Stage$2,542.48 - $2,779.56$2,658.86
Blended Fair Value$3,601.42
Current Price$4,739.00
Upside-24.00%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS13.79%12.85%26.0223.0021.4020.4515.9813.6411.6911.6911.707.78
YoY Growth--13.14%7.48%4.63%28.00%17.16%16.62%0.00%-0.04%50.39%0.10%
Dividend Yield--0.62%0.87%1.54%1.94%1.40%1.32%1.36%1.92%1.96%1.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)234,553.00
(-) Cash Dividends Paid (M)37,356.00
(=) Cash Retained (M)197,197.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)46,910.6029,319.1317,591.48
Cash Retained (M)197,197.00197,197.00197,197.00
(-) Cash Required (M)-46,910.60-29,319.13-17,591.48
(=) Excess Retained (M)150,286.40167,877.88179,605.53
(/) Shares Outstanding (M)1,332.711,332.711,332.71
(=) Excess Retained per Share112.77125.97134.77
LTM Dividend per Share28.0328.0328.03
(+) Excess Retained per Share112.77125.97134.77
(=) Adjusted Dividend140.80154.00162.80
WACC / Discount Rate9.49%9.49%9.49%
Growth Rate4.91%5.91%6.91%
Fair Value$3,218.53$4,543.97$6,721.77
Upside / Downside-32.08%-4.12%41.84%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)234,553.00248,404.67263,074.35278,610.36295,063.86312,489.03321,863.70
Payout Ratio15.93%30.74%45.56%60.37%75.19%90.00%92.50%
Projected Dividends (M)37,356.0076,362.50119,845.83168,198.71221,844.63281,240.13297,723.92

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.49%9.49%9.49%
Growth Rate4.91%5.91%6.91%
Year 1 PV (M)69,082.2769,740.7970,399.31
Year 2 PV (M)98,083.4799,962.33101,859.00
Year 3 PV (M)124,532.30128,127.63131,791.49
Year 4 PV (M)148,591.76154,339.02160,251.42
Year 5 PV (M)170,415.68178,694.35187,291.68
PV of Terminal Value (M)2,777,689.312,912,627.473,052,759.56
Equity Value (M)3,388,394.813,543,491.593,704,352.46
Shares Outstanding (M)1,332.711,332.711,332.71
Fair Value$2,542.48$2,658.86$2,779.56
Upside / Downside-46.35%-43.89%-41.35%

High-Yield Dividend Screener

« Prev Page 38 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
INDF.JKPT Indofood Sukses Makmur Tbk4.19%$280.0031.67%
RBD.AXRestaurant Brands New Zealand Limited4.19%$0.1842.75%
002091.SZJiangsu Guotai International Group Co., Ltd.4.18%$0.3863.98%
017390.KSSeoul City Gas Co., Ltd.4.18%$2,547.5926.43%
ALITL.PAIT Link S.A.4.18%$0.9222.65%
P9D.SICivmec Limited4.18%$0.0538.60%
PJW.BKPanjawattana Plastic Public Company Limited4.18%$0.0933.50%
123890.KSKorea Asset In Trust Co., Ltd.4.17%$100.0820.69%
2729.TWOTTFB Company Limited4.17%$7.3393.07%
6599.KLAeon Co. (M) Bhd.4.17%$0.0553.15%
6967.TWOTrans-Sun Materials Technology Company Limited4.17%$2.8579.87%
9619.SRMulti Business Group Co.4.17%$0.4315.41%
AMAR.JKPT Bank Amar Indonesia Tbk4.17%$9.1671.61%
OLVAS.HEOlvi Oyj4.17%$1.2949.21%
003570.KSSnt Dynamics Co.,Ltd.4.16%$1,868.8054.81%
090350.KSNOROO PAINT & COATINGS Co., Ltd.4.16%$349.9536.31%
3613.HKBeijing Tong Ren Tang Chinese Medicine Company Limited4.16%$0.3556.85%
ALVIV.PAVisiativ S.A.4.16%$1.5433.81%
BCH-R.BKBangkok Chain Hospital Public Company Limited4.16%$0.4383.13%
CMRECostamare Inc.4.16%$0.6524.42%
601336.SSNew China Life Insurance Company Ltd.4.15%$2.9023.52%
005500.KSSamjin Pharmaceuticals Co., Ltd.4.14%$800.5749.67%
600710.SSSumec Corporation Limited4.14%$0.4546.72%
603611.SSNoblelift Intelligent Equipment Co.,Ltd.4.14%$1.0152.65%
8463.TWRuentex Materials Co.,Ltd.4.14%$1.1051.49%
CEYE.BKChamni's Eye Public Company Limited4.14%$0.0864.18%
ORIA.PAFiducial Real Estate S.A.4.14%$6.9628.28%
SWA.DESchloss Wachenheim AG4.14%$0.6050.24%
000686.SZNortheast Securities Co., Ltd.4.13%$0.3861.41%
001680.KSDaesang Corporation4.13%$850.3931.24%
1931.HKIVD Medical Holding Limited4.13%$0.1038.64%
6183.TBELLSYSTEM24 Holdings, Inc.4.13%$59.5554.01%
PSI.AXPSC Insurance Group Limited4.13%$0.2683.22%
0QOL.LKardex Holding AG4.12%$11.3958.10%
600284.SSShanghai Pudong Construction Co.,Ltd.4.12%$0.3590.03%
004450.KSSamhwa Crown & Closure Co., Ltd4.11%$1,204.0140.73%
0KGY.LBTS Group AB (publ)4.11%$5.9033.91%
3406.TWGenius Electronic Optical Co., Ltd4.11%$17.9859.96%
ABS2.DEPORR AG4.11%$1.3446.75%
CCU.SNCompañía Cervecerías Unidas S.A.4.11%$238.7464.77%
2858.HKYixin Group Limited4.10%$0.1043.79%
4081.SRNayifat Finance Company4.10%$0.5062.31%
688628.SSUni-Trend Technology (China) Co., Ltd.4.10%$1.3187.50%
7994.TOkamura Corporation4.10%$94.0341.44%
PKN.WAPolski Koncern Naftowy ORLEN Spólka Akcyjna4.10%$4.1544.90%
TRSB.OLTrøndelag Sparebank4.10%$4.7931.67%
1409.TWShinkong Synthetic Fibers Corporation4.09%$0.6050.43%
4904.TWFar EasTone Telecommunications Co., Ltd.4.09%$3.6495.25%
601872.SSChina Merchants Energy Shipping Co., Ltd.4.09%$0.3758.88%
UGPA3.SAUltrapar Participações S.A.4.09%$0.8632.00%