Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hosiden Corporation (6804.T)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$5,206.79 - $14,936.02$8,151.04
Multi-Stage$5,358.58 - $5,876.93$5,612.89
Blended Fair Value$6,881.97
Current Price$2,353.00
Upside192.48%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS17.44%17.32%59.6069.3578.2825.7626.6826.6827.1310.858.9711.38
YoY Growth---14.06%-11.41%203.83%-3.42%0.00%-1.68%150.17%20.98%-21.19%-5.75%
Dividend Yield--2.69%3.23%4.35%2.09%2.68%2.83%2.20%1.16%0.70%1.80%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)11,719.00
(-) Cash Dividends Paid (M)3,025.00
(=) Cash Retained (M)8,694.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,343.801,464.88878.93
Cash Retained (M)8,694.008,694.008,694.00
(-) Cash Required (M)-2,343.80-1,464.88-878.93
(=) Excess Retained (M)6,350.207,229.137,815.08
(/) Shares Outstanding (M)54.7754.7754.77
(=) Excess Retained per Share115.95132.00142.69
LTM Dividend per Share55.2355.2355.23
(+) Excess Retained per Share115.95132.00142.69
(=) Adjusted Dividend171.18187.23197.93
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate3.26%4.26%5.26%
Fair Value$5,206.79$8,151.04$14,936.02
Upside / Downside121.28%246.41%534.77%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)11,719.0012,218.5412,739.3713,282.4113,848.5914,438.9114,872.08
Payout Ratio25.81%38.65%51.49%64.33%77.16%90.00%92.50%
Projected Dividends (M)3,025.004,722.496,559.218,543.9310,685.9312,995.0213,756.67

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate3.26%4.26%5.26%
Year 1 PV (M)4,385.254,427.724,470.18
Year 2 PV (M)5,655.845,765.915,877.05
Year 3 PV (M)6,841.107,041.787,246.35
Year 4 PV (M)7,945.188,257.448,578.82
Year 5 PV (M)8,972.049,414.969,875.21
PV of Terminal Value (M)259,678.23272,497.80285,818.74
Equity Value (M)293,477.63307,405.61321,866.35
Shares Outstanding (M)54.7754.7754.77
Fair Value$5,358.58$5,612.89$5,876.93
Upside / Downside127.73%138.54%149.76%

High-Yield Dividend Screener

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