Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

CENTRAL REIT Investment Corporation (3488.T)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$364,681.81 - $1,225,255.39$596,281.20
Multi-Stage$372,279.90 - $407,625.10$389,623.60
Blended Fair Value$492,952.40
Current Price$119,500.00
Upside312.51%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20252024202320222021202020192018
DPS5.40%0.00%7,054.486,465.027,283.616,077.905,504.375,422.885,550.290.000.000.00
YoY Growth--9.12%-11.24%19.84%10.42%1.50%-2.30%0.00%0.00%0.00%0.00%
Dividend Yield--5.90%5.57%6.27%4.82%4.74%6.28%4.16%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,390.63
(-) Cash Dividends Paid (M)2,444.02
(=) Cash Retained (M)946.61
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)678.13423.83254.30
Cash Retained (M)946.61946.61946.61
(-) Cash Required (M)-678.13-423.83-254.30
(=) Excess Retained (M)268.49522.78692.31
(/) Shares Outstanding (M)0.250.250.25
(=) Excess Retained per Share1,075.452,094.062,773.14
LTM Dividend per Share9,789.779,789.779,789.77
(+) Excess Retained per Share1,075.452,094.062,773.14
(=) Adjusted Dividend10,865.2111,883.8312,562.90
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate3.40%4.40%5.40%
Fair Value$364,681.81$596,281.20$1,225,255.39
Upside / Downside205.17%398.98%925.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,390.633,539.873,695.683,858.344,028.174,205.474,331.64
Payout Ratio72.08%75.67%79.25%82.83%86.42%90.00%92.50%
Projected Dividends (M)2,444.022,678.452,928.783,195.973,481.003,784.924,006.76

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate3.40%4.40%5.40%
Year 1 PV (M)2,491.302,515.392,539.49
Year 2 PV (M)2,533.802,583.052,632.77
Year 3 PV (M)2,571.762,647.102,723.90
Year 4 PV (M)2,605.402,707.662,812.90
Year 5 PV (M)2,634.942,764.842,899.82
PV of Terminal Value (M)80,102.4784,051.4988,154.74
Equity Value (M)92,939.6897,269.53101,763.61
Shares Outstanding (M)0.250.250.25
Fair Value$372,279.90$389,623.60$407,625.10
Upside / Downside211.53%226.04%241.11%

High-Yield Dividend Screener

« Prev Page 50 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688009.SSChina Railway Signal & Communication Corporation Limited3.25%$0.1855.08%
ALMB.COAlm. Brand A/S3.25%$0.6069.79%
BUDI.JKPT Budi Starch & Sweetener Tbk3.25%$7.0135.52%
0398.HKOriental Watch Holdings Limited3.24%$0.1219.25%
044820.KSCosmax BTI, Inc.3.24%$449.6235.33%
8017.HKTradeGo FinTech Limited3.24%$0.0545.22%
ALPM.PAPrecia S.A.3.24%$0.8632.45%
DGV.MIDigital Value S.p.A.3.24%$0.9315.10%
ULTJ.JKPT Ultrajaya Milk Industry & Trading Company Tbk3.24%$46.5039.75%
004890.KSDongil Industries Co.,Ltd.3.23%$1,262.8723.13%
5297.TWO3s Silicon Tech., Inc.3.23%$0.9261.02%
600219.SSShandong Nanshan Aluminium Co.,Ltd.3.23%$0.1739.17%
601018.SSNingbo Zhoushan Port Company Limited3.23%$0.1248.88%
6448.TBrother Industries, Ltd.3.23%$100.9546.67%
AZE.BRAzelis Group N.V.3.23%$0.3024.74%
FDPFresh Del Monte Produce Inc.3.23%$1.1468.58%
FMM-B.STFM Mattsson Mora Group AB (publ)3.23%$2.2587.42%
ITECH.STI-Tech AB3.23%$1.7450.69%
MTY.TOMTY Food Group Inc.3.23%$1.2473.76%
SKA-B.STSkanska AB (publ)3.23%$8.3155.80%
1179.HKH World Group Limited3.22%$1.2098.76%
2745.TWOLife Travel & Tourist Service Co., Ltd.3.22%$3.4841.20%
3533.TWLotes Co., Ltd3.22%$41.6856.60%
5908.KLDKSH Holdings (Malaysia) Berhad3.22%$0.1920.93%
600886.SSSDIC Power Holdings Co., Ltd.3.22%$0.4251.34%
603566.SSPulike Biological Engineering, Inc.3.22%$0.4095.20%
9583.SRUnited Mining Industries Co.3.22%$1.4581.04%
CBG-R.BKCarabao Group Public Company Limited3.22%$1.4047.30%
ESF.VIEurofins Scientific SE3.22%$2.0162.22%
ETE.ATNational Bank of Greece S.A.3.22%$0.4436.82%
MOTV3.SAMotiva S.A.3.22%$0.4833.62%
NCKL.JKPT Trimegah Bangun Persada Tbk3.22%$37.5729.64%
TEA.AXTasmea Ltd3.22%$0.1338.34%
002283.SZTianrun Industry Technology Co., Ltd.3.21%$0.2065.38%
004840.KSDRB Holding Co., Ltd.3.21%$160.4026.30%
241560.KSDoosan Bobcat Inc.3.21%$1,824.8939.43%
300406.SZBeijing Strong Biotechnologies, Inc.3.21%$0.4256.93%
4088.TAir Water Inc.3.21%$72.4432.93%
603187.SSQingdao Hiron Commercial Cold Chain Co., Ltd.3.21%$0.5050.00%
6250.TYamabiko Corporation3.21%$95.3127.60%
SKF-A.STAB SKF (publ)3.21%$7.9374.23%
002441.SZZhongyeda Electric Co., Ltd.3.20%$0.3077.91%
002991.SZGanyuan Foods Co., Ltd.3.20%$1.8265.31%
300833.SZGuangzhou Haoyang Electronic Co.,Ltd.3.20%$1.3092.60%
688799.SSHunan Warrant Pharmaceutical Co.,Ltd3.20%$1.5367.14%
029530.KSsindoh Co.,Ltd.3.19%$1,500.1429.67%
0RL4.LCatella AB (publ)3.19%$0.9147.34%
5889.TJapan Eyewear Holdings Co., Ltd.3.19%$64.7439.09%
DAPS.BODAPS Advertising Ltd.3.19%$0.6514.79%
PTPS.JKPT Pulau Subur Tbk3.19%$6.0038.20%