Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tosei Corporation (8923.T)

Company Dividend Discount ModelIndustry: Real Estate - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$24,634.54 - $29,023.67$27,199.43
Multi-Stage$11,203.92 - $12,291.24$11,737.45
Blended Fair Value$19,468.44
Current Price$1,267.00
Upside1,436.58%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.01%23.59%32.9224.8418.719.2420.5915.0112.4510.957.955.96
YoY Growth--32.53%32.75%102.44%-55.12%37.24%20.57%13.70%37.69%33.39%50.52%
Dividend Yield--2.71%2.43%2.54%1.70%3.96%2.58%2.44%1.64%2.08%1.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)14,152.99
(-) Cash Dividends Paid (M)3,828.47
(=) Cash Retained (M)10,324.52
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,830.601,769.121,061.47
Cash Retained (M)10,324.5210,324.5210,324.52
(-) Cash Required (M)-2,830.60-1,769.12-1,061.47
(=) Excess Retained (M)7,493.938,555.409,263.05
(/) Shares Outstanding (M)96.9896.9896.98
(=) Excess Retained per Share77.2788.2295.52
LTM Dividend per Share39.4839.4839.48
(+) Excess Retained per Share77.2788.2295.52
(=) Adjusted Dividend116.75127.70134.99
WACC / Discount Rate4.37%4.37%4.37%
Growth Rate5.50%6.50%7.50%
Fair Value$24,634.54$27,199.43$29,023.67
Upside / Downside1,844.32%2,046.76%2,190.74%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)14,152.9915,072.9316,052.6817,096.1018,207.3519,390.8219,972.55
Payout Ratio27.05%39.64%52.23%64.82%77.41%90.00%92.50%
Projected Dividends (M)3,828.475,974.988,384.3711,081.7314,094.3317,451.7418,474.61

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.37%4.37%4.37%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)5,671.075,724.825,778.58
Year 2 PV (M)7,553.147,697.007,842.23
Year 3 PV (M)9,475.309,747.3110,024.46
Year 4 PV (M)11,438.2211,878.1012,330.55
Year 5 PV (M)13,442.5414,091.8214,765.95
PV of Terminal Value (M)1,038,960.741,089,142.941,141,245.72
Equity Value (M)1,086,541.011,138,281.991,191,987.48
Shares Outstanding (M)96.9896.9896.98
Fair Value$11,203.92$11,737.45$12,291.24
Upside / Downside784.29%826.40%870.11%

High-Yield Dividend Screener

« Prev Page 49 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
064960.KSSNT Motiv Co., Ltd.3.32%$1,136.7332.23%
0RNT.LBrødrene A & O Johansen A/S3.32%$3.0743.48%
603676.SSTibet Weixinkang Medicine Co., Ltd.3.32%$0.3567.92%
6791.TWOTaiwan Auto-Design Co.3.32%$3.4985.79%
9432.TNTT, Inc.3.32%$5.2441.63%
AJBU.SIKeppel DC REIT3.32%$0.0751.19%
MFF.AXMFF Capital Investments Limited3.32%$0.166.10%
VZN.SWVZ Holding AG3.32%$4.9645.59%
6438.TWSymtek Automation Asia Co., Ltd.3.31%$4.6960.82%
8272.TWOChanging Information Technology Inc.3.31%$2.5960.59%
ALDEL.PADelfingen Industry S.A.3.31%$1.1538.10%
GJF.OLGjensidige Forsikring ASA3.31%$10.0077.33%
001560.KSCheil Grinding Wheel Ind. Co., Ltd.3.30%$321.6715.39%
002895.SZGuizhou Chanhen Chemical Corporation3.30%$1.2157.70%
0GWB.ILL E Lundbergföretagen AB (publ)3.30%$16.7254.63%
2441.TWGreatek Electronics Inc.3.30%$2.9871.42%
MAVI.ISMavi Giyim Sanayi ve Ticaret A.S.3.30%$1.4153.21%
MTSA3.SAMETISA Metalúrgica Timboense S.A.3.30%$2.5153.64%
3475.TGood Com Asset Co., Ltd.3.29%$41.3153.09%
ARCOArcos Dorados Holdings Inc.3.29%$0.2420.61%
GLINT.LSGlintt - Global Intelligent Technologies, S.A.3.29%$0.0463.67%
LABB.MXGenomma Lab Internacional, S.A.B. de C.V.3.29%$0.5928.90%
009770.KSSam Jung Pulp Co.,Ltd.3.28%$1,000.1513.81%
3050.SRSouthern Province Cement Company3.28%$0.7453.26%
603075.SSHangzhou Heatwell Electric Heating Technology Co., Ltd.3.28%$0.7290.17%
6741.TNippon Signal Co., Ltd.3.28%$42.9832.43%
000088.SZShenzhen Yan Tian Port Holdings Co.,Ltd.3.27%$0.1553.36%
002648.SZSatellite Chemical Co.,Ltd.3.27%$0.5831.65%
005750.KSDaelim B&Co Co.,Ltd.3.27%$152.6038.32%
011760.KSHyundai Corporation3.27%$700.0011.11%
2248.TWOShining Victory Motor Electronic Co., Ltd.3.27%$1.6118.34%
4021.TNissan Chemical Corporation3.27%$175.2852.54%
603439.SSGuiZhou SanLi Pharmaceutical Co.,Ltd3.27%$0.3895.76%
7942.TJSP Corporation3.27%$79.9839.18%
BRIT3.SABrisanet Participações S.A.3.27%$0.0982.21%
IAF-PI.TOiA Financial Corporation Inc.3.27%$0.8225.22%
ORS.MIOrsero S.p.A.3.27%$0.6133.02%
PEHN.SWPrivate Equity Holding AG3.27%$2.0817.62%
4471.TSanyo Chemical Industries Ltd.3.26%$169.9727.59%
5315.TWOUnited Radiant Technology Corporation3.26%$0.8049.66%
603558.SSZhejiang Jasan Holding Group Co., Ltd.3.26%$0.3734.35%
7744.TNoritsu Koki Co., Ltd.3.26%$60.5454.32%
MYTIL.ATMetlen Energy & Metals S.A.3.26%$1.7219.73%
TCW.TOTrican Well Service Ltd.3.26%$0.2035.68%
001040.KSCJ Corporation3.25%$5,626.0348.88%
002507.SZChongqing Fuling Zhacai Group Co., Ltd.3.25%$0.4260.46%
016740.KSDUAL Co., Ltd.3.25%$123.0716.96%
131090.KQSecuve Co., Ltd.3.25%$125.0032.25%
300729.SZLoctek Ergonomic Technology Corp.3.25%$0.4463.17%
300881.SZShengtak New Material Co., Ltd3.25%$1.1065.22%