Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

MORI TRUST Sogo Reit, Inc. (8961.T)

Company Dividend Discount ModelIndustry: REIT - OfficeSector: Real Estate

Valuation Snapshot

Stable Growth$77,097.62 - $120,423.75$97,052.68
Multi-Stage$96,920.25 - $105,761.52$101,259.77
Blended Fair Value$99,156.23
Current Price$74,700.00
Upside32.74%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201720172016
DPS5.77%3.73%3,591.762,843.232,501.022,857.762,778.872,712.853,194.042,659.622,985.242,772.55
YoY Growth--26.33%13.68%-12.48%2.84%2.43%-15.07%20.09%-10.91%7.67%11.31%
Dividend Yield--5.87%4.08%3.30%4.00%3.58%4.15%3.71%3.16%3.47%2.85%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)27,491.49
(-) Cash Dividends Paid (M)18,838.96
(=) Cash Retained (M)8,652.53
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,498.303,436.442,061.86
Cash Retained (M)8,652.538,652.538,652.53
(-) Cash Required (M)-5,498.30-3,436.44-2,061.86
(=) Excess Retained (M)3,154.235,216.096,590.67
(/) Shares Outstanding (M)3.563.563.56
(=) Excess Retained per Share886.021,465.201,851.31
LTM Dividend per Share5,291.845,291.845,291.84
(+) Excess Retained per Share886.021,465.201,851.31
(=) Adjusted Dividend6,177.866,757.047,143.16
WACC / Discount Rate9.95%9.95%9.95%
Growth Rate1.79%2.79%3.79%
Fair Value$77,097.62$97,052.68$120,423.75
Upside / Downside3.21%29.92%61.21%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)27,491.4928,258.7629,047.4429,858.1330,691.4431,548.0232,494.46
Payout Ratio68.53%72.82%77.12%81.41%85.71%90.00%92.50%
Projected Dividends (M)18,838.9620,578.3722,400.2024,307.6826,304.2028,393.2230,057.37

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.95%9.95%9.95%
Growth Rate1.79%2.79%3.79%
Year 1 PV (M)18,534.4718,716.5518,898.63
Year 2 PV (M)18,171.4618,530.2518,892.55
Year 3 PV (M)17,760.3218,288.9118,827.89
Year 4 PV (M)17,310.1718,000.4818,711.24
Year 5 PV (M)16,829.0617,672.1118,548.62
PV of Terminal Value (M)256,430.61269,276.49282,632.09
Equity Value (M)345,036.09360,484.80376,511.02
Shares Outstanding (M)3.563.563.56
Fair Value$96,920.25$101,259.77$105,761.52
Upside / Downside29.75%35.56%41.58%

High-Yield Dividend Screener

« Prev Page 65 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603060.SSChina Testing & Certification International Group Co.,Ltd.2.34%$0.1465.87%
603527.SSAnhui Zhongyuan New Materials Co., Ltd.2.34%$0.2660.72%
6239.TNagaoka International Corporation2.34%$33.9030.69%
7277.KLDialog Group Berhad2.34%$0.0478.99%
7708.TWOFamily International Gourmet Co. Ltd.2.34%$2.2440.19%
7947.TFP Corporation2.34%$61.4735.92%
7966.TLINTEC Corporation2.34%$103.3453.86%
ENGI11.SAEnergisa S.A.2.34%$1.1076.21%
IHG.LInterContinental Hotels Group PLC2.34%$3.2837.32%
JR.BKJ.R.W. Utility Public Company Limited2.34%$0.0436.34%
SMRA.JKPT Summarecon Agung Tbk2.34%$8.9915.00%
002056.SZHengdian Group DMEGC Magnetics Co. ,Ltd2.33%$0.4530.92%
002538.SZAnhui Sierte Fertilizer industry Ltd. ,company2.33%$0.1557.55%
0QMR.LBELIMO Holding AG2.33%$17.9969.21%
1322.SRAl Masane Al Kobra Mining Company2.33%$2.0873.41%
300743.SZHangzhou Todaytec Digital Co., Ltd2.33%$0.5271.84%
601566.SSJoeone Co., Ltd.2.33%$0.3150.03%
605319.SSWuxi Zhenhua Auto Parts Co., Ltd.2.33%$0.4937.82%
GIMB.BRGimv N.V.2.33%$1.029.10%
MOSHI.BKMoshi Moshi Retail Corporation Public Company Limited2.33%$0.8143.67%
002939.SZChina Great Wall Securities Co.,Ltd.2.32%$0.2439.54%
004360.KSSebang Co., Ltd2.32%$325.9511.33%
1283.HKAccel Group Holdings Limited2.32%$0.0437.03%
2301.TGakujo Co., Ltd.2.32%$40.6128.97%
4887.TSawai Group Holdings Co., Ltd.2.32%$54.7464.15%
600079.SSHumanwell Healthcare (Group) Co.,Ltd.2.32%$0.4248.02%
600299.SSBluestar Adisseo Company2.32%$0.2146.81%
605158.SSZhejiang Huada New Materials Co., Ltd.2.32%$0.1957.15%
7287.TNippon Seiki Co., Ltd.2.32%$50.6031.92%
7914.TKyodo Printing Co., Ltd.2.32%$36.6727.27%
AZZA3.SAAzzas 2154 S.A.2.32%$0.5915.77%
HUFV-A.STHufvudstaden AB (publ)2.32%$2.8251.40%
002043.SZDeHua TB New Decoration Material Co.,Ltd2.31%$0.3337.20%
1214.SRAl Hassan Ghazi Ibrahim Shaker Company2.31%$0.5034.65%
300832.SZShenzhen New Industries Biomedical Engineering Co., Ltd.2.31%$1.3061.96%
600233.SSYTO Express Group Co.,Ltd.2.31%$0.3832.72%
6277.THosokawa Micron Corporation2.31%$130.2442.63%
6728.TULVAC, Inc.2.31%$163.6955.14%
9251.TAB&Company Co.,Ltd.2.31%$27.8639.35%
9783.TBenesse Holdings, Inc.2.31%$59.9889.83%
ALLEC.PACogelec S.A.2.31%$0.6746.99%
ELIT.JKPT Data Sinergitama Jaya Tbk2.31%$5.0034.02%
LUXF.BKLuxury Real Estate Investment Fund2.31%$0.2114.86%
STEC-R.BKSino-Thai Engineering and Construction Public Company Limited2.31%$0.1595.24%
000513.SZLivzon Pharmaceutical Group Inc.2.30%$0.7932.65%
000959.SZBeijing Shougang Co., Ltd.2.30%$0.1171.65%
002941.SZXinjiang Communications Construction Group Co., Ltd.2.30%$0.3643.85%
2838.TWUnion Bank of Taiwan2.30%$0.4536.18%
2947.TWOZhen Yu Hardware Co., Ltd.2.30%$1.9056.70%
2HRA.DEH&R GmbH & Co. KGaA2.30%$0.1045.84%