Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Toray Industries, Inc. (3402.T)

Company Dividend Discount ModelIndustry: Apparel - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$521.07 - $931.45$693.61
Multi-Stage$935.56 - $1,027.86$980.82
Blended Fair Value$837.22
Current Price$945.30
Upside-11.43%
DecisionDon't Buy

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 Rate6.33%6.33%6.33%
Growth Rate0.46%1.46%2.46%
Fair Value$521.07$693.61$931.45
Upside / Downside-44.88%-26.63%-1.47%

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 Rate6.33%6.33%6.33%
Growth Rate0.46%1.46%2.46%
Year 1 PV (M)31,502.1231,815.7132,129.30
Year 2 PV (M)34,233.4834,918.4235,610.15
Year 3 PV (M)36,566.6637,669.5738,794.43
Year 4 PV (M)38,537.3440,094.8841,699.16
Year 5 PV (M)40,178.4742,218.4644,340.48
PV of Terminal Value (M)1,275,410.931,340,167.461,407,527.99
Equity Value (M)1,456,429.011,526,884.491,600,101.50
Shares Outstanding (M)1,556.741,556.741,556.74
Fair Value$935.56$980.82$1,027.86
Upside / Downside-1.03%3.76%8.73%

High-Yield Dividend Screener

« Prev Page 4 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EG7.IRFBD Holdings plc12.49%$1.9761.47%
WILCG. Willi-Food International Ltd.12.48%$3.5852.70%
9908.HKJiaXing Gas Group Co., Ltd.12.44%$1.0240.94%
MPMX.JKPT Mitra Pinasthika Mustika Tbk12.44%$120.0095.84%
0QL5.LCarlo Gavazzi Holding AG12.42%$20.0062.49%
GOZ.AXGrowthpoint Properties Australia12.40%$0.3016.37%
1999.HKMan Wah Holdings Limited12.39%$0.5757.62%
1285.HKJiashili Group Limited12.38%$0.1455.24%
600015.SSHua Xia Bank Co., Limited12.36%$0.8549.77%
BNP.DEBNP Paribas S.A.12.28%$10.0751.11%
0836.HKChina Resources Power Holdings Company Limited12.20%$2.1541.97%
BIS.AXBisalloy Steel Group Limited12.19%$0.5981.88%
KBS.BKKhonburi Sugar Public Company Limited12.17%$0.7056.34%
9300.SRAlwaha REIT Fund12.14%$1.1871.67%
2005.HKSSY Group Limited12.13%$0.3550.50%
BGI-UN.TOBrookfield Global Infrastructure Securities Income Fund12.09%$0.9646.13%
2003.HKVCREDIT Holdings Limited12.07%$0.3218.47%
1713.HKSichuan Energy Investment Development Co., Ltd.12.02%$0.2941.35%
NSI.ASNSI N.V.12.02%$2.3330.60%
RIO1.DERio Tinto Group12.02%$8.2864.54%
IGL.AXIVE Group Limited12.01%$0.3574.81%
0G5B.LSto SE & Co. KGaA12.00%$14.6483.41%
CDU.LSConduril - Engenharia, S.A.12.00%$1.8069.00%
2156.HKC&D Property Management Group Co. Limited11.98%$0.3354.74%
0057.HKChen Hsong Holdings Limited11.94%$0.1945.38%
BBSE3.SABB Seguridade Participações S.A.11.93%$4.2691.94%
SWUT.VISW Umwelttechnik Stoiser & Wolschner AG11.93%$3.7034.18%
0Q76.LCBo Territoria S.A.11.92%$0.4461.80%
ALCOF.PACofidur S.A.11.92%$34.8038.87%
0239.HKPak Fah Yeow International Limited11.87%$0.2852.60%
2356.HKDah Sing Banking Group Limited11.87%$1.2941.19%
3311.HKChina State Construction International Holdings Limited11.87%$1.1029.31%
ENGI.PAEngie S.A.11.87%$2.7376.93%
SENA.BKSena Development Public Company Limited11.86%$0.2074.93%
4348.SRAlkhabeer REIT Fund11.85%$0.6698.08%
AWZ.SIMulti-Chem Limited11.83%$0.4160.70%
0331.HKFSE Lifestyle Services Limited11.81%$0.6731.73%
SUL.AXSuper Retail Group Limited11.78%$1.8791.92%
2877.HKChina Shineway Pharmaceutical Group Limited11.77%$1.0139.47%
DSWLDeswell Industries, Inc.11.77%$0.4027.95%
0855.HKChina Water Affairs Group Limited11.75%$0.6256.78%
0659.HKCTF Services Limited11.70%$0.8876.18%
DRA.AXDRA Global Limited11.69%$0.2158.65%
GWA.AXGWA Group Limited11.68%$0.2995.40%
0968.HKXinyi Solar Holdings Limited11.67%$0.3670.18%
ENI-UN.TOEnergy Income Fund11.66%$0.2356.38%
TCF.AX360 Capital Mortgage REIT11.66%$0.6776.18%
3316.HKBinjiang Service Group Co. Ltd.11.65%$2.7669.09%
CC3.SIStarHub Ltd11.65%$0.1381.69%
TFG-R.BKThaifoods Group Public Company Limited11.65%$0.5242.58%