DDM Analysis: 6412.T

Valuation Snapshot

Stable Growth	$928.82 - $1,348.94	$1,132.50
Multi-Stage	$1,636.01 - $1,793.46	$1,713.23
Blended Fair Value	$1,422.86
Current Price	$2,104.00
Upside	-32.37%
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	-0.01%	1.42%	80.01	80.01	80.02	79.97	80.03	80.03	79.99	79.85	79.87	74.64
YoY Growth	-	-	0.00%	-0.01%	0.06%	-0.08%	0.00%	0.05%	0.18%	-0.03%	7.00%	7.38%
Dividend Yield	-	-	3.81%	3.84%	3.20%	3.97%	4.07%	4.44%	3.55%	2.99%	3.19%	3.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	12,457.00
(-) Cash Dividends Paid (M)	7,890.00
(=) Cash Retained (M)	4,567.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	2,491.40	1,557.13	934.28
Cash Retained (M)	4,567.00	4,567.00	4,567.00
(-) Cash Required (M)	-2,491.40	-1,557.13	-934.28
(=) Excess Retained (M)	2,075.60	3,009.88	3,632.73
(/) Shares Outstanding (M)	98.63	98.63	98.63
(=) Excess Retained per Share	21.04	30.52	36.83
LTM Dividend per Share	80.00	80.00	80.00
(+) Excess Retained per Share	21.04	30.52	36.83
(=) Adjusted Dividend	101.04	110.52	116.83
WACC / Discount Rate	8.66%	8.66%	8.66%
Growth Rate	-2.01%	-1.01%	-0.01%
Fair Value	$928.82	$1,132.50	$1,348.94
Upside / Downside	-55.85%	-46.17%	-35.89%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	12,457.00	12,331.80	12,207.86	12,085.16	11,963.69	11,843.45	12,198.75
Payout Ratio	63.34%	68.67%	74.00%	79.34%	84.67%	90.00%	92.50%
Projected Dividends (M)	7,890.00	8,468.28	9,034.15	9,587.78	10,129.37	10,659.11	11,283.85

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.66%	8.66%	8.66%
Growth Rate	-2.01%	-1.01%	-0.01%
Year 1 PV (M)	7,714.98	7,793.71	7,872.43
Year 2 PV (M)	7,498.35	7,652.17	7,807.54
Year 3 PV (M)	7,249.96	7,474.18	7,702.98
Year 4 PV (M)	6,978.14	7,267.36	7,565.49
Year 5 PV (M)	6,689.86	7,038.24	7,400.97
PV of Terminal Value (M)	125,224.30	131,745.36	138,535.30
Equity Value (M)	161,355.58	168,971.01	176,884.73
Shares Outstanding (M)	98.63	98.63	98.63
Fair Value	$1,636.01	$1,713.23	$1,793.46
Upside / Downside	-22.24%	-18.57%	-14.76%

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

Heiwa Corporation (6412.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener