Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Advan Group Co., Ltd. (7463.T)

Company Dividend Discount ModelIndustry: Construction MaterialsSector: Basic Materials

Valuation Snapshot

Stable Growth$3,035.83 - $5,542.58$4,074.89
Multi-Stage$5,199.59 - $5,718.17$5,453.88
Blended Fair Value$4,764.39
Current Price$880.00
Upside441.41%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS2.67%7.04%40.8352.8243.9934.4533.0635.7934.2331.7342.9020.42
YoY Growth---22.70%20.07%27.69%4.22%-7.64%4.57%7.88%-26.05%110.13%-1.23%
Dividend Yield--4.97%5.40%4.76%4.36%3.54%2.67%3.19%3.28%3.76%1.80%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,476.89
(-) Cash Dividends Paid (M)1,426.70
(=) Cash Retained (M)6,050.19
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,495.38934.61560.77
Cash Retained (M)6,050.196,050.196,050.19
(-) Cash Required (M)-1,495.38-934.61-560.77
(=) Excess Retained (M)4,554.815,115.585,489.42
(/) Shares Outstanding (M)35.1235.1235.12
(=) Excess Retained per Share129.70145.67156.31
LTM Dividend per Share40.6340.6340.63
(+) Excess Retained per Share129.70145.67156.31
(=) Adjusted Dividend170.32186.29196.94
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate0.67%1.67%2.67%
Fair Value$3,035.83$4,074.89$5,542.58
Upside / Downside244.98%363.06%529.84%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,476.897,601.667,728.517,857.487,988.618,121.928,365.57
Payout Ratio19.08%33.27%47.45%61.63%75.82%90.00%92.50%
Projected Dividends (M)1,426.702,528.703,667.094,842.776,056.667,309.727,738.16

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate0.67%1.67%2.67%
Year 1 PV (M)2,355.072,378.462,401.86
Year 2 PV (M)3,180.773,244.283,308.41
Year 3 PV (M)3,912.104,029.854,149.93
Year 4 PV (M)4,556.754,740.534,929.80
Year 5 PV (M)5,121.875,381.365,651.27
PV of Terminal Value (M)163,474.63171,756.98180,371.68
Equity Value (M)182,601.19191,531.46200,812.96
Shares Outstanding (M)35.1235.1235.12
Fair Value$5,199.59$5,453.88$5,718.17
Upside / Downside490.86%519.76%549.79%

High-Yield Dividend Screener

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