DDM Analysis: 9739.T

Valuation Snapshot

Stable Growth	$5,404.61 - $13,699.82	$8,147.99
Multi-Stage	$4,528.56 - $4,953.46	$4,737.11
Blended Fair Value	$6,442.55
Current Price	$2,714.00
Upside	137.38%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	23.97%	20.28%	94.90	60.00	54.90	39.93	34.90	32.42	27.45	19.93	24.97	22.49
YoY Growth	-	-	58.17%	9.29%	37.48%	14.42%	7.66%	18.09%	37.71%	-20.17%	11.02%	50.15%
Dividend Yield	-	-	3.50%	1.78%	2.25%	1.71%	1.54%	1.53%	1.01%	0.91%	1.35%	2.16%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	3,605.00
(-) Cash Dividends Paid (M)	1,268.00
(=) Cash Retained (M)	2,337.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	721.00	450.63	270.38
Cash Retained (M)	2,337.00	2,337.00	2,337.00
(-) Cash Required (M)	-721.00	-450.63	-270.38
(=) Excess Retained (M)	1,616.00	1,886.38	2,066.63
(/) Shares Outstanding (M)	14.90	14.90	14.90
(=) Excess Retained per Share	108.46	126.61	138.71
LTM Dividend per Share	85.10	85.10	85.10
(+) Excess Retained per Share	108.46	126.61	138.71
(=) Adjusted Dividend	193.56	211.71	223.81
WACC / Discount Rate	8.09%	8.09%	8.09%
Growth Rate	4.36%	5.36%	6.36%
Fair Value	$5,404.61	$8,147.99	$13,699.82
Upside / Downside	99.14%	200.22%	404.78%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	3,605.00	3,798.11	4,001.57	4,215.93	4,441.77	4,679.70	4,820.09
Payout Ratio	35.17%	46.14%	57.10%	68.07%	79.03%	90.00%	92.50%
Projected Dividends (M)	1,268.00	1,752.40	2,285.06	2,869.75	3,510.53	4,211.73	4,458.59

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.09%	8.09%	8.09%
Growth Rate	4.36%	5.36%	6.36%
Year 1 PV (M)	1,605.79	1,621.18	1,636.56
Year 2 PV (M)	1,918.70	1,955.65	1,992.95
Year 3 PV (M)	2,208.06	2,272.14	2,337.46
Year 4 PV (M)	2,475.11	2,571.35	2,670.38
Year 5 PV (M)	2,721.05	2,853.95	2,991.99
PV of Terminal Value (M)	56,544.13	59,305.73	62,174.18
Equity Value (M)	67,472.85	70,580.00	73,803.52
Shares Outstanding (M)	14.90	14.90	14.90
Fair Value	$4,528.56	$4,737.11	$4,953.46
Upside / Downside	66.86%	74.54%	82.52%

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

NSW Inc. (9739.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener