Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Inui Global Logistics Co., Ltd. (9308.T)

Company Dividend Discount ModelIndustry: Integrated Freight & LogisticsSector: Industrials

Valuation Snapshot

Stable Growth$14,585.00 - $34,884.09$32,691.50
Multi-Stage$5,124.67 - $5,608.63$5,362.20
Blended Fair Value$19,026.85
Current Price$1,204.00
Upside1,480.30%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS29.99%4.61%17.43179.94221.968.755.934.7026.6611.9017.9117.87
YoY Growth---90.31%-18.93%2,435.45%47.65%26.27%-82.39%124.08%-33.56%0.22%60.93%
Dividend Yield--1.45%15.30%17.00%0.50%0.46%0.56%3.16%1.05%2.13%1.95%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,408.00
(-) Cash Dividends Paid (M)1,732.00
(=) Cash Retained (M)2,676.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)881.60551.00330.60
Cash Retained (M)2,676.002,676.002,676.00
(-) Cash Required (M)-881.60-551.00-330.60
(=) Excess Retained (M)1,794.402,125.002,345.40
(/) Shares Outstanding (M)25.1325.1325.13
(=) Excess Retained per Share71.4084.5693.33
LTM Dividend per Share68.9268.9268.92
(+) Excess Retained per Share71.4084.5693.33
(=) Adjusted Dividend140.33153.48162.25
WACC / Discount Rate6.52%6.52%6.52%
Growth Rate5.50%6.50%7.50%
Fair Value$14,585.00$32,691.50$34,884.09
Upside / Downside1,111.38%2,615.24%2,797.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,408.004,694.524,999.665,324.645,670.746,039.346,220.52
Payout Ratio39.29%49.43%59.58%69.72%79.86%90.00%92.50%
Projected Dividends (M)1,732.002,320.682,978.573,712.174,528.575,435.415,753.98

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.52%6.52%6.52%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)2,158.272,178.732,199.19
Year 2 PV (M)2,576.272,625.342,674.87
Year 3 PV (M)2,986.103,071.823,159.16
Year 4 PV (M)3,387.883,518.173,652.18
Year 5 PV (M)3,781.743,964.404,154.05
PV of Terminal Value (M)113,893.21119,394.30125,105.92
Equity Value (M)128,783.48134,752.76140,945.38
Shares Outstanding (M)25.1325.1325.13
Fair Value$5,124.67$5,362.20$5,608.63
Upside / Downside325.64%345.37%365.83%

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