Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Kuriyama Holdings Corporation (3355.T)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$17,473.17 - $41,117.87$38,532.31
Multi-Stage$6,623.78 - $7,256.64$6,934.36
Blended Fair Value$22,733.33
Current Price$1,483.00
Upside1,432.93%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS28.82%19.45%67.9230.1525.1421.1420.1519.1517.8718.0418.0516.41
YoY Growth--125.31%19.92%18.93%4.88%5.24%7.15%-0.95%-0.03%10.00%42.86%
Dividend Yield--5.13%2.29%2.88%2.19%2.86%4.32%1.91%1.62%2.18%2.83%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,072.92
(-) Cash Dividends Paid (M)1,111.14
(=) Cash Retained (M)2,961.78
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)814.58509.11305.47
Cash Retained (M)2,961.782,961.782,961.78
(-) Cash Required (M)-814.58-509.11-305.47
(=) Excess Retained (M)2,147.192,452.662,656.31
(/) Shares Outstanding (M)19.6419.6419.64
(=) Excess Retained per Share109.35124.90135.27
LTM Dividend per Share56.5856.5856.58
(+) Excess Retained per Share109.35124.90135.27
(=) Adjusted Dividend165.93181.49191.86
WACC / Discount Rate6.16%6.16%6.16%
Growth Rate5.16%6.16%7.16%
Fair Value$17,473.17$38,532.31$41,117.87
Upside / Downside1,078.23%2,498.27%2,672.61%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,072.924,323.724,589.964,872.605,172.655,491.165,655.90
Payout Ratio27.28%39.82%52.37%64.91%77.46%90.00%92.50%
Projected Dividends (M)1,111.141,721.922,403.703,162.934,006.544,942.055,231.71

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.16%6.16%6.16%
Growth Rate5.16%6.16%7.16%
Year 1 PV (M)1,606.781,622.061,637.34
Year 2 PV (M)2,092.992,132.992,173.36
Year 3 PV (M)2,569.922,643.942,719.36
Year 4 PV (M)3,037.693,154.893,275.46
Year 5 PV (M)3,496.433,665.873,841.81
PV of Terminal Value (M)117,266.01122,948.79128,849.77
Equity Value (M)130,069.82136,168.53142,497.10
Shares Outstanding (M)19.6419.6419.64
Fair Value$6,623.78$6,934.36$7,256.64
Upside / Downside346.65%367.59%389.32%

High-Yield Dividend Screener

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