DDM Analysis: 6376.T

Valuation Snapshot

Stable Growth	$2,273.65 - $5,668.27	$3,409.75
Multi-Stage	$2,416.48 - $2,649.46	$2,530.79
Blended Fair Value	$2,970.27
Current Price	$1,283.00
Upside	131.51%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	6.88%	4.88%	29.94	24.94	24.17	21.47	21.47	21.47	17.17	17.16	18.24	18.61
YoY Growth	-	-	20.07%	3.18%	12.57%	0.00%	0.00%	25.02%	0.09%	-5.95%	-1.94%	0.08%
Dividend Yield	-	-	2.35%	1.95%	2.57%	2.34%	1.91%	2.66%	1.28%	1.55%	1.43%	2.25%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	6,933.00
(-) Cash Dividends Paid (M)	1,987.00
(=) Cash Retained (M)	4,946.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,386.60	866.63	519.98
Cash Retained (M)	4,946.00	4,946.00	4,946.00
(-) Cash Required (M)	-1,386.60	-866.63	-519.98
(=) Excess Retained (M)	3,559.40	4,079.38	4,426.03
(/) Shares Outstanding (M)	66.32	66.32	66.32
(=) Excess Retained per Share	53.67	61.51	66.73
LTM Dividend per Share	29.96	29.96	29.96
(+) Excess Retained per Share	53.67	61.51	66.73
(=) Adjusted Dividend	83.63	91.47	96.69
WACC / Discount Rate	6.93%	6.93%	6.93%
Growth Rate	3.14%	4.14%	5.14%
Fair Value	$2,273.65	$3,409.75	$5,668.27
Upside / Downside	77.21%	165.76%	341.80%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	6,933.00	7,220.07	7,519.02	7,830.35	8,154.58	8,492.22	8,746.99
Payout Ratio	28.66%	40.93%	53.20%	65.46%	77.73%	90.00%	92.50%
Projected Dividends (M)	1,987.00	2,955.03	3,999.82	5,126.06	6,338.72	7,643.00	8,090.97

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.93%	6.93%	6.93%
Growth Rate	3.14%	4.14%	5.14%
Year 1 PV (M)	2,736.88	2,763.41	2,789.95
Year 2 PV (M)	3,431.05	3,497.90	3,565.40
Year 3 PV (M)	4,072.52	4,192.13	4,314.06
Year 4 PV (M)	4,664.17	4,847.70	5,036.60
Year 5 PV (M)	5,208.71	5,466.16	5,733.69
PV of Terminal Value (M)	140,157.96	147,085.51	154,284.31
Equity Value (M)	160,271.29	167,852.82	175,724.01
Shares Outstanding (M)	66.32	66.32	66.32
Fair Value	$2,416.48	$2,530.79	$2,649.46
Upside / Downside	88.35%	97.26%	106.51%

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

Nikkiso Co., Ltd. (6376.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener