Definitive Analysis
Loading...
Definitive Analysis

Fundamentals

Mode

Ticker

Industry

Sector

Otsuka Holdings Co., Ltd. (4578.T)

Company Dividend Discount ModelIndustry: Drug Manufacturers - GeneralSector: Healthcare

Valuation Snapshot

Stable Growth$15,387.25 - $32,867.29$21,901.64
Multi-Stage$21,852.43 - $24,011.76$22,911.49
Blended Fair Value$22,406.57
Current Price$7,859.00
Upside185.11%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.74%2.82%125.33104.48104.30105.10104.56104.30103.80102.99102.6991.54
YoY Growth--19.96%0.17%-0.76%0.52%0.24%0.48%0.79%0.30%12.17%-3.54%
Dividend Yield--1.62%1.65%2.48%2.48%2.23%2.47%2.38%1.93%2.04%2.24%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)449,106.00
(-) Cash Dividends Paid (M)70,975.00
(=) Cash Retained (M)378,131.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)89,821.2056,138.2533,682.95
Cash Retained (M)378,131.00378,131.00378,131.00
(-) Cash Required (M)-89,821.20-56,138.25-33,682.95
(=) Excess Retained (M)288,309.80321,992.75344,448.05
(/) Shares Outstanding (M)532.68532.68532.68
(=) Excess Retained per Share541.24604.47646.63
LTM Dividend per Share133.24133.24133.24
(+) Excess Retained per Share541.24604.47646.63
(=) Adjusted Dividend674.48737.71779.87
WACC / Discount Rate6.30%6.30%6.30%
Growth Rate1.83%2.83%3.83%
Fair Value$15,387.25$21,901.64$32,867.29
Upside / Downside95.79%178.68%318.21%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)449,106.00461,830.50474,915.53488,371.29502,208.30516,437.34531,930.46
Payout Ratio15.80%30.64%45.48%60.32%75.16%90.00%92.50%
Projected Dividends (M)70,975.00141,518.24216,001.89294,592.63377,463.39464,793.61492,035.68

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.30%6.30%6.30%
Growth Rate1.83%2.83%3.83%
Year 1 PV (M)131,840.04133,134.70134,429.37
Year 2 PV (M)187,468.10191,168.04194,904.14
Year 3 PV (M)238,191.70245,277.94252,503.35
Year 4 PV (M)284,324.64295,658.46307,327.80
Year 5 PV (M)326,163.02342,495.20359,475.18
PV of Terminal Value (M)10,472,448.9210,996,843.0611,542,036.62
Equity Value (M)11,640,436.4112,204,577.4212,790,676.47
Shares Outstanding (M)532.68532.68532.68
Fair Value$21,852.43$22,911.49$24,011.76
Upside / Downside178.06%191.53%205.53%

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%