Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hankyu Hanshin REIT, Inc. (8977.T)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$142,959.32 - $235,098.31$183,939.95
Multi-Stage$294,849.27 - $323,509.41$308,904.08
Blended Fair Value$246,422.02
Current Price$148,000.00
Upside66.50%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.03%4.70%6,082.686,058.775,869.366,015.176,213.076,073.115,179.114,593.344,633.594,387.67
YoY Growth--0.39%3.23%-2.42%-3.19%2.30%17.26%12.75%-0.87%5.60%14.16%
Dividend Yield--5.15%4.29%3.84%3.80%5.16%3.52%3.52%3.51%3.11%3.43%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,839.47
(-) Cash Dividends Paid (M)8,467.47
(=) Cash Retained (M)372.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,767.891,104.93662.96
Cash Retained (M)372.00372.00372.00
(-) Cash Required (M)-1,767.89-1,104.93-662.96
(=) Excess Retained (M)-1,395.90-732.94-290.96
(/) Shares Outstanding (M)0.700.700.70
(=) Excess Retained per Share-2,007.91-1,054.28-418.53
LTM Dividend per Share12,179.9112,179.9112,179.91
(+) Excess Retained per Share-2,007.91-1,054.28-418.53
(=) Adjusted Dividend10,172.0011,125.6311,761.38
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate-0.59%0.41%1.41%
Fair Value$142,959.32$183,939.95$235,098.31
Upside / Downside-3.41%24.28%58.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,839.478,875.538,911.738,948.088,984.589,021.239,291.87
Payout Ratio95.79%94.63%93.47%92.32%91.16%90.00%92.50%
Projected Dividends (M)8,467.478,399.208,330.248,260.578,190.208,119.118,594.98

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate-0.59%0.41%1.41%
Year 1 PV (M)7,809.427,887.987,966.54
Year 2 PV (M)7,201.437,347.047,494.11
Year 3 PV (M)6,639.756,842.157,048.62
Year 4 PV (M)6,120.916,370.956,628.57
Year 5 PV (M)5,641.715,931.246,232.54
PV of Terminal Value (M)171,565.99180,370.76189,533.36
Equity Value (M)204,979.21214,750.12224,903.74
Shares Outstanding (M)0.700.700.70
Fair Value$294,849.27$308,904.08$323,509.41
Upside / Downside99.22%108.72%118.59%

High-Yield Dividend Screener

« Prev Page 61 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
017810.KSPulmuone Co., Ltd.2.55%$331.6165.57%
023160.KQTae Kwang Corporation2.55%$535.1321.10%
3152.TWOAdvanced Ceramic X Corporation2.55%$3.6636.41%
600415.SSZhejiang China Commodities City Group Co., Ltd.2.55%$0.4153.66%
601808.SSChina Oilfield Services Limited2.55%$0.3643.75%
7606.TUnited Arrows Ltd.2.55%$62.6343.42%
CYRE3.SACyrela Brazil Realty S.A. Empreendimentos e Participações2.55%$0.6112.29%
JUNGH.SWJungheinrich AG2.55%$0.7922.62%
RENT3.SALocaliza Rent a Car S.A.2.55%$1.1166.67%
002380.KSKCC Corporation2.54%$10,000.236.25%
1527.HKZhejiang Tengy Environmental Technology Co., Ltd2.54%$0.054.95%
5212.KLPavilion Real Estate Investment Trust2.54%$0.0539.63%
5489.TWODynaColor, Inc.2.54%$1.0250.42%
600273.SSZhejiang Jiahua Energy Chemical Industry Co.,Ltd.2.54%$0.2228.18%
600724.SSNingbo Fuda Company Limited2.54%$0.1596.79%
7505.TFuso Dentsu Co., Ltd.2.54%$48.5022.36%
8850.TStarts Corporation Inc.2.54%$121.5225.36%
BLAU3.SABlau Farmacêutica S.A.2.54%$0.3519.81%
2367.HKGiant Biogene Holding Co., Ltd.2.53%$0.8722.55%
2701.TWWan Hwa Enterprise Company Ltd.2.53%$0.2852.89%
600963.SSYueyang Forest & Paper Co., Ltd.2.53%$0.1248.95%
603697.SSYouYou Foods Co., Ltd.2.53%$0.3163.16%
CK-R.BKCH. Karnchang Public Company Limited2.53%$0.3025.56%
SCHO.COAktieselskabet Schouw & Co.2.53%$16.8142.51%
003006.SZChongqing Baiya Sanitary Products Co., Ltd.2.52%$0.5580.44%
5191.TSumitomo Riko Company Limited2.52%$66.0123.54%
600406.SSNARI Technology Co., Ltd.2.52%$0.5756.63%
600909.SSHuaan Securities Co., Ltd.2.52%$0.1738.30%
603811.SSZhejiang Cheng Yi Pharmaceutical Co., Ltd.2.52%$0.2637.15%
BESALCO.SNBesalco S.A.2.52%$30.5934.76%
000019.SZShenzhen Cereals Holdings Co., Ltd.2.51%$0.1762.11%
094820.KQIljin Power Co., Ltd.2.51%$320.0148.44%
0QVR.LScandi Standard AB (publ)2.51%$2.4952.58%
4041.TNippon Soda Co., Ltd.2.51%$90.7732.02%
600056.SSChina Meheco Group Co., Ltd.2.51%$0.2671.36%
605169.SSXinjiang Hongtong Natural Gas Co., Ltd.2.51%$0.3391.06%
6691.TWYankey Engineering Co., Ltd.2.51%$13.9262.80%
7483.TDoshisha Co.,Ltd.2.51%$82.9337.87%
GPSC-R.BKGlobal Power Synergy Public Company Limited2.51%$0.9051.48%
HOVE.COHove A/S2.51%$0.1434.71%
NOLA-B.STNolato AB (publ)2.51%$1.5051.20%
0QNH.LHuber+Suhner AG2.50%$3.6149.61%
100840.KSSNT Energy Co., Ltd.2.50%$899.8727.57%
138490.KSKolon Plastics, Inc.2.50%$200.4017.45%
2612.TKadoya Sesame Mills Incorporated2.50%$99.8534.73%
603112.SSShanxi Huaxiang Group Co., Ltd.2.50%$0.4343.19%
603766.SSLoncin Motor Co., Ltd.2.50%$0.4045.87%
ISCTR.ISTürkiye Is Bankasi A.S.2.50%$0.3616.38%
002539.SZChengdu Wintrue Holding Co., Ltd.2.49%$0.2941.75%
2542.TWHighwealth Construction Corp.2.49%$0.9839.34%