Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

TOKAI Holdings Corporation (3167.T)

Company Dividend Discount ModelIndustry: ConglomeratesSector: Industrials

Valuation Snapshot

Stable Growth$1,480.40 - $3,199.82$2,116.00
Multi-Stage$2,089.46 - $2,293.26$2,189.43
Blended Fair Value$2,152.71
Current Price$1,041.00
Upside106.79%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS3.94%12.38%34.1432.1433.1531.1528.1428.1428.1030.5616.5110.65
YoY Growth--6.24%-3.05%6.41%10.71%0.00%0.14%-8.04%85.08%55.03%0.22%
Dividend Yield--3.44%3.29%3.68%3.51%3.11%2.83%3.01%2.85%1.97%1.63%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)10,439.00
(-) Cash Dividends Paid (M)4,460.00
(=) Cash Retained (M)5,979.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,087.801,304.88782.93
Cash Retained (M)5,979.005,979.005,979.00
(-) Cash Required (M)-2,087.80-1,304.88-782.93
(=) Excess Retained (M)3,891.204,674.135,196.08
(/) Shares Outstanding (M)130.71130.71130.71
(=) Excess Retained per Share29.7735.7639.75
LTM Dividend per Share34.1234.1234.12
(+) Excess Retained per Share29.7735.7639.75
(=) Adjusted Dividend63.8969.8873.87
WACC / Discount Rate6.34%6.34%6.34%
Growth Rate1.94%2.94%3.94%
Fair Value$1,480.40$2,116.00$3,199.82
Upside / Downside42.21%103.27%207.38%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)10,439.0010,746.4111,062.8811,388.6711,724.0512,069.3112,431.39
Payout Ratio42.72%52.18%61.63%71.09%80.54%90.00%92.50%
Projected Dividends (M)4,460.005,607.436,818.578,096.189,443.1210,862.3811,499.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.34%6.34%6.34%
Growth Rate1.94%2.94%3.94%
Year 1 PV (M)5,221.665,272.885,324.10
Year 2 PV (M)5,912.666,029.236,146.93
Year 3 PV (M)6,537.556,731.836,929.92
Year 4 PV (M)7,100.617,383.347,674.43
Year 5 PV (M)7,605.897,986.328,381.82
PV of Terminal Value (M)240,733.00252,773.94265,291.94
Equity Value (M)273,111.37286,177.54299,749.14
Shares Outstanding (M)130.71130.71130.71
Fair Value$2,089.46$2,189.43$2,293.26
Upside / Downside100.72%110.32%120.29%

High-Yield Dividend Screener

« Prev Page 4 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
VKQInvesco Municipal Trust8.62%$0.8469.07%
ARCCAres Capital Corporation8.61%$1.7691.56%
TPVGTriplePoint Venture Growth BDC Corp.8.52%$0.5767.26%
C-PJCitigroup Inc.8.49%$2.1326.99%
RVTRoyce Value Trust Inc.8.42%$1.3639.40%
OGNOrganon & Co.8.37%$0.6131.54%
MITTAG Mortgage Investment Trust, Inc.8.12%$0.7043.47%
CAGConagra Brands, Inc.8.06%$1.3978.70%
NOGNorthern Oil and Gas, Inc.8.02%$1.7794.64%
PAAPlains All American Pipeline, L.P.8.00%$1.4690.71%
TSLXSixth Street Specialty Lending, Inc.8.00%$1.7385.26%
ACCOACCO Brands Corporation7.90%$0.2967.00%
ETDEthan Allen Interiors Inc.7.90%$1.8197.75%
CQPCheniere Energy Partners, L.P.7.82%$4.2388.03%
UNMAUnum Group 6.250% JR NT587.69%$1.7933.52%
WRB-PHW.R. Berkley Corporation 4.125%7.68%$1.2726.69%
JHSJohn Hancock Income Securities Trust7.65%$0.8994.90%
NIDNuveen Intermediate Duration Municipal Term Fund7.59%$1.0284.59%
HWCPZHancock Whitney Corporation - 67.58%$1.7731.35%
WRB-PGW.R. Berkley Corporation 4.25%7.54%$1.2726.69%
NMTNuveen Massachusetts Quality Municipal Income Fund7.48%$0.8580.62%
LOANManhattan Bridge Capital, Inc.7.45%$0.3574.53%
OPALOPAL Fuels Inc.7.43%$0.1846.94%
ZIONLZions Bancorporation N.A. - 6.97.42%$1.8632.04%
GMTAGATX Corporation SR NT 20667.41%$1.8621.29%
IIMInvesco Value Municipal Income Trust7.41%$0.9264.33%
JMMNuveen Multi-Market Income Fund7.28%$0.4461.06%
BKEThe Buckle, Inc.7.26%$3.9196.21%
MHIPioneer Municipal High Income Fund, Inc.7.19%$0.6413.70%
ORIOld Republic International Corporation7.19%$3.1193.13%
PMFPIMCO Municipal Income Fund7.07%$0.5992.59%
RYNRayonier Inc.7.04%$1.5230.67%
DRQDril-Quip, Inc.7.02%$1.0850.37%
TRINITrinity Capital Inc. 7.875% Notes Due 20297.02%$1.7883.48%
C-PNCitigroup Capital XIII TR PFD SECS7.01%$2.1326.99%
VPVInvesco Pennsylvania Value Municipal Income Trust6.98%$0.7360.22%
VCVInvesco California Value Municipal Income Trust6.97%$0.7860.58%
EOTEaton Vance National Municipal Opportunities Trust6.96%$1.1869.84%
FLATXFidelity Latin America Fund6.92%$1.1539.63%
EGYVAALCO Energy, Inc.6.91%$0.2592.67%
NOMNuveen Missouri Quality Municipal Income Fund6.91%$0.8278.81%
UBCPUnited Bancorp, Inc.6.90%$0.9996.30%
TBCAT&T Inc. 5.625% Global Notes d6.89%$1.7255.65%
GTNGray Media, Inc.6.87%$0.3334.04%
HEPHolly Energy Partners, L.P.6.86%$1.4074.08%
AFGAmerican Financial Group, Inc.6.85%$9.2396.49%
BANFPBFC Capital Trust II PFD TR 7.20%6.85%$1.8025.72%
CFG-PDCitizens Financial Group, Inc.6.83%$1.7143.60%
RCIIRent-A-Center, Inc.6.81%$1.8279.98%
SPHSuburban Propane Partners, L.P.6.81%$1.2778.56%