Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Hankyu Hanshin REIT, Inc. (8977.T)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$142,935.72 - $235,044.19$183,904.58
Multi-Stage$294,751.45 - $323,401.40$308,801.27
Blended Fair Value$246,352.93
Current Price$148,000.00
Upside66.45%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.03%4.70%6,082.686,058.775,869.366,015.176,213.076,073.115,179.114,593.344,633.594,387.67
YoY Growth--0.39%3.23%-2.42%-3.19%2.30%17.26%12.75%-0.87%5.60%14.16%
Dividend Yield--5.15%4.29%3.84%3.80%5.16%3.52%3.52%3.51%3.11%3.43%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,839.47
(-) Cash Dividends Paid (M)8,467.47
(=) Cash Retained (M)372.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,767.891,104.93662.96
Cash Retained (M)372.00372.00372.00
(-) Cash Required (M)-1,767.89-1,104.93-662.96
(=) Excess Retained (M)-1,395.90-732.94-290.96
(/) Shares Outstanding (M)0.700.700.70
(=) Excess Retained per Share-2,007.91-1,054.28-418.53
LTM Dividend per Share12,179.9112,179.9112,179.91
(+) Excess Retained per Share-2,007.91-1,054.28-418.53
(=) Adjusted Dividend10,172.0011,125.6311,761.38
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate-0.59%0.41%1.41%
Fair Value$142,935.72$183,904.58$235,044.19
Upside / Downside-3.42%24.26%58.81%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,839.478,875.538,911.738,948.088,984.589,021.239,291.87
Payout Ratio95.79%94.63%93.47%92.32%91.16%90.00%92.50%
Projected Dividends (M)8,467.478,399.208,330.248,260.578,190.208,119.118,594.98

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate-0.59%0.41%1.41%
Year 1 PV (M)7,809.337,887.897,966.45
Year 2 PV (M)7,201.277,346.887,493.95
Year 3 PV (M)6,639.536,841.927,048.39
Year 4 PV (M)6,120.656,370.676,628.28
Year 5 PV (M)5,641.405,930.926,232.20
PV of Terminal Value (M)171,499.04180,300.36189,459.39
Equity Value (M)204,911.21214,678.65224,828.65
Shares Outstanding (M)0.700.700.70
Fair Value$294,751.45$308,801.27$323,401.40
Upside / Downside99.16%108.65%118.51%

High-Yield Dividend Screener

« Prev Page 44 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600583.SSOffshore Oil Engineering Co.,Ltd3.66%$0.2043.97%
601038.SSFirst Tractor Company Limited3.66%$0.5271.49%
601083.SSShanghai Jinjiang Shipping (Group) Co., Ltd.3.66%$0.4135.56%
601860.SSJiangsu Zijin Rural Commercial Bank Co.,Ltd3.66%$0.1025.05%
ENTEL.SNEmpresa Nacional de Telecomunicaciones S.A.3.66%$179.3263.27%
GGRM.JKPT Gudang Garam Tbk3.66%$500.0087.83%
GOB.DECompagnie de Saint-Gobain S.A.3.66%$3.1932.66%
HCLTECH.BOHCL Technologies Limited3.66%$60.0195.42%
LDA.MCLínea Directa Aseguradora, S.A.3.66%$0.0445.97%
QUB.AXQube Holdings Limited3.66%$0.1892.53%
RCIRogers Communications Inc.3.66%$1.3911.08%
RYRoyal Bank of Canada3.66%$6.2443.22%
VTWR.DEVantage Towers AG3.66%$1.1972.52%
2103.TWTSRC Corporation3.65%$0.5586.36%
383800.KSLX Holdings Corp.3.65%$289.9515.18%
3978.HKChina Beststudy Education Group3.65%$0.1427.04%
4952.TWGeneralplus Technology Inc.3.65%$1.2983.85%
QAL.AXQualitas Limited3.65%$0.1366.09%
300628.SZYealink Network Technology Co., Ltd.3.64%$1.3064.58%
688517.SSJinGuan Electric Co., Ltd.3.64%$0.5791.64%
CEZ.PRCEZ, a. s.3.64%$47.1187.97%
EB5.SIFirst Resources Limited3.64%$0.0840.25%
HEIJM.ASKoninklijke Heijmans N.V.3.64%$2.5236.26%
NOVN.SWNovartis AG3.64%$3.9954.32%
0631.HKSany Heavy Equipment International Holdings Company Limited3.63%$0.3138.50%
0MT8.LDrägerwerk AG & Co. KGaA3.63%$2.0031.00%
0N9Z.LEVS Broadcast Equipment S.A.3.63%$1.3426.19%
267980.KQMaeil Dairies Co., Ltd.3.63%$1,244.0920.37%
600968.SSCNOOC Energy Technology & Services Limited3.63%$0.1437.04%
AALI.JKPT Astra Agro Lestari Tbk3.63%$267.9736.41%
EKTER.ATEkter S.A.3.63%$0.1322.08%
IGM.TOIGM Financial Inc.3.63%$2.2551.57%
018670.KSSK Gas Co., Ltd.3.62%$7,934.7324.18%
0RGI.LCosmo Pharmaceuticals N.V.3.62%$3.8148.74%
101530.KSHaitai Confectionery&Foods Co.,ltd.3.62%$250.1327.55%
230360.KQEchomarketing Co.,Ltd.3.62%$503.2355.69%
SANB11.SABanco Santander (Brasil) S.A.3.62%$1.2276.05%
SBSP3.SACompanhia de Saneamento Básico do Estado de São Paulo - SABESP3.62%$4.8245.66%
000786.SZBeijing New Building Materials Public Limited Company3.61%$0.9049.35%
003013.SZGuangzhou Metro Design & Research Institute Co., Ltd.3.61%$0.5137.72%
272550.KSSamyang Packaging Corporation3.61%$482.8352.27%
300908.SZZhongjing Food Co., Ltd.3.61%$1.0081.13%
4188.TMitsubishi Chemical Group Corporation3.61%$33.0539.87%
600332.SSGuangzhou Baiyunshan Pharmaceutical Holdings Company Limited3.61%$0.9350.53%
600742.SSChangchun FAWAY Automobile Components Co.,Ltd3.61%$0.3653.61%
600928.SSBank of Xi'an Co.,Ltd.3.61%$0.1322.27%
CTD.AXCorporate Travel Management Limited3.61%$0.5847.61%
SAMTEL.BKSamart Telcoms Public Company Limited3.61%$0.1583.39%
0K9W.ILHuhtamäki Oyj3.60%$1.0756.07%
0M6I.LHeijmans N.V.3.60%$2.5236.26%