Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

LH Shopping Centers Leasehold Real Estate Investment Trust (LHSC.BK)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$27.54 - $54.14$38.03
Multi-Stage$42.13 - $46.22$44.14
Blended Fair Value$41.09
Current Price$12.20
Upside236.77%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.54%0.00%0.720.530.240.090.290.600.560.580.670.25
YoY Growth--35.85%121.05%153.33%-67.03%-52.55%6.56%-2.07%-13.95%165.67%0.00%
Dividend Yield--5.92%5.32%2.09%0.93%2.50%4.66%3.32%3.90%4.75%1.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,318.81
(-) Cash Dividends Paid (M)779.34
(=) Cash Retained (M)539.47
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)263.76164.8598.91
Cash Retained (M)539.47539.47539.47
(-) Cash Required (M)-263.76-164.85-98.91
(=) Excess Retained (M)275.71374.62440.56
(/) Shares Outstanding (M)778.06778.06778.06
(=) Excess Retained per Share0.350.480.57
LTM Dividend per Share1.001.001.00
(+) Excess Retained per Share0.350.480.57
(=) Adjusted Dividend1.361.481.57
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate1.49%2.49%3.49%
Fair Value$27.54$38.03$54.14
Upside / Downside125.75%211.73%343.81%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,318.811,351.591,385.181,419.621,454.901,491.071,535.80
Payout Ratio59.09%65.28%71.46%77.64%83.82%90.00%92.50%
Projected Dividends (M)779.34882.25989.801,102.161,219.481,341.961,420.61

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate1.49%2.49%3.49%
Year 1 PV (M)820.46828.55836.63
Year 2 PV (M)856.01872.96890.08
Year 3 PV (M)886.41912.88939.86
Year 4 PV (M)912.08948.56986.13
Year 5 PV (M)933.38980.291,029.05
PV of Terminal Value (M)28,374.9729,800.7731,283.33
Equity Value (M)32,783.3234,344.0135,965.08
Shares Outstanding (M)778.06778.06778.06
Fair Value$42.13$44.14$46.22
Upside / Downside245.36%261.81%278.88%

High-Yield Dividend Screener

« Prev Page 54 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600425.SSXinjiang Qingsong Building Materials and Chemicals (Group) Co, Ltd.2.99%$0.1276.32%
605098.SSShanghai Action Education Technology CO.,LTD.2.99%$1.2551.61%
6473.TJTEKT Corporation2.99%$51.9284.17%
B2H.OLB2Holding ASA2.99%$0.2121.39%
GENTERA.MXGentera, S.A.B. de C.V.2.99%$1.3628.15%
JYSK.COJyske Bank A/S2.99%$26.2230.23%
MCGS.QAMedicare Group Q.P.S.C.2.99%$0.2064.83%
002003.SZZhejiang Weixing Industrial Development Co., Ltd.2.98%$0.3255.93%
0RHU.LFlughafen Wien AG2.98%$1.6562.41%
8914.TArealink Co., Ltd.2.98%$31.6944.83%
DXT.TODexterra Group Inc.2.98%$0.3555.12%
NST.AXNorthern Star Resources Limited2.98%$0.7345.12%
600704.SSWuchan Zhongda Group Co.,Ltd.2.97%$0.1722.55%
8593.TMitsubishi HC Capital Inc.2.97%$38.9734.55%
KBL.TOK-Bro Linen Inc.2.97%$1.0469.43%
O10.SIFar East Orchard Limited2.97%$0.0430.11%
PLANB.BKPlan B Media Public Company Limited2.97%$0.1246.85%
005850.KSSL Corporation2.96%$1,235.8318.10%
6527.TWOCrystalvue Medical Corporation2.96%$2.2440.94%
9201.TJapan Airlines Co., Ltd.2.96%$85.8930.05%
9633.HKNongfu Spring Co., Ltd.2.96%$1.4361.73%
9931.TWHsin Kao Gas Co.,Ltd.2.96%$1.0140.68%
FTSFortis Inc.2.96%$1.5447.07%
035890.KQSeohee Construction Co., Ltd.2.95%$47.877.53%
3132.TMacnica Fuji Electronics Holdings, Inc.2.95%$70.5256.32%
600667.SSWuxi Taiji Industry Limited Corporation2.95%$0.2383.84%
603577.SSQingdao Huijintong Power Equipment Co.,Ltd.2.95%$0.3179.62%
603699.SSNeway Valve (Suzhou) Co., Ltd.2.95%$1.5381.92%
000020.KSDongwha Pharm.Co.,Ltd2.94%$182.4465.71%
000895.SZHenan Shuanghui Investment & Development Co.,Ltd.2.94%$0.7852.50%
002540.SZJiangsu Asia-Pacific Light Alloy Technology Co., Ltd.2.94%$0.2163.05%
013120.KQDongWon Development Co.,Ltd.2.94%$80.9285.28%
107590.KSMiwon Holdings Co., Ltd.2.94%$1,985.5919.06%
6779.TNihon Dempa Kogyo Co., Ltd.2.94%$30.0558.30%
8084.TRyoden Corporation2.94%$106.2946.57%
8890.TRaysum Co., Ltd.2.94%$173.1650.05%
9303.TThe Sumitomo Warehouse Co., Ltd.2.94%$104.4036.71%
APZ.AXAspen Group2.94%$0.1631.96%
FSECURE.HEF-Secure Oyj2.94%$0.0645.60%
RELAIS.HERelais Group Oyj2.94%$0.5054.01%
0QN2.LInterroll Holding AG2.93%$63.8341.54%
3515.TWASROCK Incorporation2.93%$7.3057.65%
601619.SSNingxia Jiaze Renewables Corporation Limited2.93%$0.1356.17%
8508.TJ Trust Co., Ltd.2.93%$13.9739.79%
000166.SZShenwan Hongyuan Group Co., Ltd.2.92%$0.1541.10%
002299.SZFujian Sunner Development Co., Ltd.2.92%$0.4839.69%
4949.TWWin Win Precision Technology Co., Ltd.2.92%$1.0855.94%
5386.TTsuruya Co., Ltd.2.92%$11.9857.58%
600267.SSZhejiang Hisun Pharmaceutical Co., Ltd.2.92%$0.2961.49%
600758.SSLIAONING ENERGY INDUSTRY Co.,LTD2.92%$0.1169.99%