DDM Analysis: 3234.T

Valuation Snapshot

Stable Growth	$63,385.50 - $89,792.89	$76,423.04
Multi-Stage	$124,814.26 - $137,006.70	$130,791.54
Blended Fair Value	$103,607.29
Current Price	$125,600.00
Upside	-17.51%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	-10.01%	-0.39%	3,308.73	6,632.10	6,068.59	5,838.56	5,656.07	5,607.98	5,274.70	4,811.79	4,725.26	3,987.83
YoY Growth	-	-	-50.11%	9.29%	3.94%	3.23%	0.86%	6.32%	9.62%	1.83%	18.49%	15.96%
Dividend Yield	-	-	2.63%	4.83%	4.19%	3.75%	3.51%	4.09%	3.29%	3.48%	3.40%	2.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	18,877.55
(-) Cash Dividends Paid (M)	12,531.65
(=) Cash Retained (M)	6,345.90

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	3,775.51	2,359.69	1,415.82
Cash Retained (M)	6,345.90	6,345.90	6,345.90
(-) Cash Required (M)	-3,775.51	-2,359.69	-1,415.82
(=) Excess Retained (M)	2,570.39	3,986.21	4,930.08
(/) Shares Outstanding (M)	1.92	1.92	1.92
(=) Excess Retained per Share	1,341.31	2,080.12	2,572.67
LTM Dividend per Share	6,539.40	6,539.40	6,539.40
(+) Excess Retained per Share	1,341.31	2,080.12	2,572.67
(=) Adjusted Dividend	7,880.71	8,619.53	9,112.07
WACC / Discount Rate	8.39%	8.39%	8.39%
Growth Rate	-3.60%	-2.60%	-1.60%
Fair Value	$63,385.50	$76,423.04	$89,792.89
Upside / Downside	-49.53%	-39.15%	-28.51%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	18,877.55	18,387.66	17,910.48	17,445.68	16,992.94	16,551.96	17,048.51
Payout Ratio	66.38%	71.11%	75.83%	80.55%	85.28%	90.00%	92.50%
Projected Dividends (M)	12,531.65	13,074.93	13,581.57	14,053.11	14,491.03	14,896.76	15,769.88

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.39%	8.39%	8.39%
Growth Rate	-3.60%	-2.60%	-1.60%
Year 1 PV (M)	11,938.92	12,062.76	12,186.60
Year 2 PV (M)	11,324.03	11,560.18	11,798.76
Year 3 PV (M)	10,699.15	11,035.56	11,378.94
Year 4 PV (M)	10,073.99	10,498.52	10,936.34
Year 5 PV (M)	9,456.26	9,956.99	10,478.70
PV of Terminal Value (M)	185,692.97	195,525.74	205,770.71
Equity Value (M)	239,185.31	250,639.75	262,550.05
Shares Outstanding (M)	1.92	1.92	1.92
Fair Value	$124,814.26	$130,791.54	$137,006.70
Upside / Downside	-0.63%	4.13%	9.08%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 63 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
112610.KS	CS Wind Corporation	2.43%	$982.89	21.73%
300452.SZ	Anhui Sunhere Pharmaceutical Excipients Co.,Ltd.	2.43%	$0.33	58.46%
603599.SS	Anhui Guangxin Agrochemical Co., Ltd.	2.43%	$0.28	35.02%
605286.SS	Jiangsu Tongli Risheng Machinery Co., Ltd.	2.43%	$0.99	75.51%
9569.SR	Almuneef Company for Trade, Industry, Agriculture and Contracting	2.43%	$0.20	19.26%
ALV	Autoliv, Inc.	2.43%	$2.97	30.32%
KEPEN.AT	Flour Mills Kepenos S.A.	2.43%	$0.05	39.82%
MSAB-B.ST	Micro Systemation AB (publ)	2.43%	$1.50	65.33%
NEOE3.SA	Neoenergia S.A.	2.43%	$0.77	21.26%
OV8.SI	Sheng Siong Group Ltd	2.43%	$0.06	66.54%
VIL.PA	VIEL & Cie, S.A.	2.43%	$0.40	12.44%
002236.SZ	Zhejiang Dahua Technology Co., Ltd.	2.42%	$0.46	38.43%
006730.KQ	Seobu T&D Co., Ltd.	2.42%	$309.73	27.66%
071050.KS	Korea Investment Holdings Co., Ltd.	2.42%	$3,984.93	13.09%
0DQK.L	Beter Bed Holding N.V.	2.42%	$0.15	53.98%
2409.TW	AUO Corporation	2.42%	$0.31	41.22%
300453.SZ	Jiangxi Sanxin Medtec Co.,Ltd.	2.42%	$0.21	45.08%
600064.SS	Nanjing Gaoke Company Limited	2.42%	$0.21	15.60%
601236.SS	Hongta Securities Co., Ltd.	2.42%	$0.20	95.69%
9550.SR	Sure Global Tech Company	2.42%	$1.52	28.67%
9562.SR	Foods Gate Trading Co.	2.42%	$0.67	13.40%
AEONTS-R.BK	AEON Thana Sinsap (Thailand) Public Company Limited	2.42%	$2.60	21.04%
NMAN.ST	Nederman Holding AB (publ)	2.42%	$4.00	47.45%
SALIK.AE	Salik Company P.J.S.C.	2.42%	$0.16	83.74%
SKMO.ST	Skåne-möllan AB (publ)	2.42%	$1.40	96.86%
001130.KS	Daehan Flour Mills Co.,Ltd	2.41%	$3,470.92	10.83%
080160.KQ	Modetour Network Inc.	2.41%	$249.37	24.80%
0U96.L	Everest Re Group, Ltd.	2.41%	$8.07	61.23%
3591.T	Wacoal Holdings Corp.	2.41%	$106.27	49.77%
601966.SS	Shandong Linglong Tyre Co.,Ltd.	2.41%	$0.35	42.43%
7951.T	Yamaha Corporation	2.41%	$26.35	66.95%
BORG.ST	Björn Borg AB (publ)	2.41%	$1.50	43.49%
EIOF.OL	Eidesvik Offshore ASA	2.41%	$0.30	28.32%
ETTE.HE	Etteplan Oyj	2.41%	$0.23	71.21%
ZZ-B.ST	Zinzino AB (publ)	2.41%	$3.76	58.64%
002968.SZ	New Dazheng Property Group Co., Ltd.	2.40%	$0.29	59.28%
0NZN.L	Robertet S.A.	2.40%	$21.10	23.60%
4015.SR	Jamjoom Pharmaceuticals Factory Company	2.40%	$3.46	54.14%
7703.TWO	Rayzher	2.40%	$5.49	59.71%
BBL.AX	Brisbane Broncos Limited	2.40%	$0.04	25.15%
002158.SZ	Shanghai Hanbell Precise Machinery Co., Ltd.	2.39%	$0.60	60.14%
004690.KS	Samchully Co.,Ltd	2.39%	$3,000.02	10.30%
0GVS.L	Catena AB (publ)	2.39%	$8.76	32.84%
300577.SZ	Anhui Korrun Co., Ltd.	2.39%	$0.51	36.22%
3044.TW	Tripod Technology Corporation	2.39%	$7.48	42.14%
603080.SS	Xinjiang Torch Gas Co., Ltd	2.39%	$0.57	43.55%
6780.TWO	Study King Co., Ltd.	2.39%	$0.80	89.60%
6804.T	Hosiden Corporation	2.39%	$59.44	25.81%
KBLM.JK	PT Kabelindo Murni Tbk	2.39%	$8.08	12.05%
SCANFL.HE	Scanfil Oyj	2.39%	$0.24	42.33%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Mori Hills REIT Investment Corporation (3234.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener