Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Nihon Kohden Corporation (6849.T)

Company Dividend Discount ModelIndustry: Medical - DevicesSector: Healthcare

Valuation Snapshot

Stable Growth$1,746.26 - $3,344.98$2,387.77
Multi-Stage$2,081.48 - $2,281.87$2,179.80
Blended Fair Value$2,283.78
Current Price$1,690.50
Upside35.10%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS11.35%4.44%31.1236.4234.9829.5518.1818.1818.2018.2818.2918.47
YoY Growth---14.54%4.10%18.40%62.54%-0.03%-0.10%-0.43%-0.03%-0.99%-8.33%
Dividend Yield--1.81%1.58%1.82%2.13%1.15%1.00%1.23%1.19%1.41%1.29%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)18,159.00
(-) Cash Dividends Paid (M)5,107.00
(=) Cash Retained (M)13,052.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,631.802,269.881,361.93
Cash Retained (M)13,052.0013,052.0013,052.00
(-) Cash Required (M)-3,631.80-2,269.88-1,361.93
(=) Excess Retained (M)9,420.2010,782.1311,690.08
(/) Shares Outstanding (M)163.88163.88163.88
(=) Excess Retained per Share57.4865.7971.33
LTM Dividend per Share31.1631.1631.16
(+) Excess Retained per Share57.4865.7971.33
(=) Adjusted Dividend88.6596.96102.50
WACC / Discount Rate7.64%7.64%7.64%
Growth Rate2.44%3.44%4.44%
Fair Value$1,746.26$2,387.77$3,344.98
Upside / Downside3.30%41.25%97.87%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)18,159.0018,784.2119,430.9520,099.9620,792.0021,507.8722,153.10
Payout Ratio28.12%40.50%52.87%65.25%77.62%90.00%92.50%
Projected Dividends (M)5,107.007,607.4310,273.9813,115.1316,139.7419,357.0820,491.62

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.64%7.64%7.64%
Growth Rate2.44%3.44%4.44%
Year 1 PV (M)6,998.937,067.257,135.57
Year 2 PV (M)8,696.148,866.759,039.01
Year 3 PV (M)10,213.0310,515.0410,822.95
Year 4 PV (M)11,563.0612,021.2012,492.83
Year 5 PV (M)12,758.8113,393.8114,053.85
PV of Terminal Value (M)290,881.84305,358.98320,406.90
Equity Value (M)341,111.80357,223.04373,951.11
Shares Outstanding (M)163.88163.88163.88
Fair Value$2,081.48$2,179.80$2,281.87
Upside / Downside23.13%28.94%34.98%

High-Yield Dividend Screener

« Prev Page 7 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AZK.MCAzkoyen, S.A.10.20%$0.9060.65%
KAPIAB.STKallebäck Property Invest AB (publ)10.19%$21.0091.25%
0071.HKMiramar Hotel and Investment Company, Limited10.18%$1.0543.56%
SOND3.SASondotécnica Engenharia de Solos S.A.10.15%$4.8748.70%
0F6L.LEtablissements Maurel & Prom S.A.10.14%$0.5723.09%
SCCC-R.BKSiam City Cement Public Company Limited10.13%$14.4378.86%
2666.HKGenertec Universal Medical Group Company Limited10.12%$0.6027.87%
0G67.LSparebanken Vest10.11%$19.9465.51%
BY6.FBYD Company Limited10.11%$1.1123.20%
0N4Y.ILEtn. Fr. Colruyt NV10.10%$3.2128.64%
AMAG.JKPT Asuransi Multi Artha Guna Tbk10.10%$40.0099.08%
COLR.BRColruyt Group N.V.10.10%$3.2128.64%
2638.HKHK Electric Investments and HK Electric Investments Limited10.09%$0.6490.04%
GBUS.MIGibus S.p.A.10.09%$1.0050.80%
PT.BKPremier Technology Public Company Limited10.08%$1.2099.46%
1606.HKChina Development Bank Financial Leasing Co., Ltd.10.05%$0.1824.74%
CITA.JKPT Cita Mineral Investindo Tbk10.05%$445.0053.80%
BJTM.JKPT Bank Pembangunan Daerah Jawa Timur Tbk10.04%$54.7160.03%
EZTC3.SAEZTEC Empreendimentos e Participações S.A.10.04%$1.3855.20%
CRES.BACresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria10.03%$194.1967.22%
0NX1.ILAalberts N.V.10.02%$2.8278.30%
Q-CON.BKQuality Construction Products Public Company Limited10.02%$0.6577.43%
QHHR.BKQuality Houses Hotel and Residence Freehold and Leasehold Property Fund10.01%$0.6729.76%
DPAM.PALes Docks des Pétroles d'Ambès -SA10.00%$92.0087.00%
ITNS.BKInternational Network System Public Company Limited10.00%$0.1589.11%
SMSM.JKPT Selamat Sempurna Tbk10.00%$175.0091.04%
9578.SRAtlas Elevators General Trading and Contracting Co.9.98%$1.5253.96%
1044.HKHengan International Group Company Limited9.96%$2.8161.10%
2282.HKMGM China Holdings Limited9.95%$1.2956.05%
036530.KSSNT Holdings Co., Ltd.9.94%$5,467.3751.15%
V03.SIVenture Corporation Limited9.94%$1.5188.95%
1118.HKGolik Holdings Limited9.91%$0.1221.69%
AJ91.DEDocCheck AG9.90%$1.2583.74%
SUSCO.BKSusco Public Company Limited9.90%$0.2172.28%
0267.HKCITIC Limited9.89%$1.2233.15%
AZJ.AXAurizon Holdings Limited9.89%$0.3687.87%
NOS.LSNos, S.g.p.s., S.a.9.89%$0.4080.94%
1113.HKCK Asset Holdings Limited9.84%$3.9651.18%
GC.BKGlobal Connections Public Company Limited9.79%$0.3985.45%
LLBN.SWLiechtensteinische Landesbank AG9.78%$8.2074.94%
001120.KSLX International Corp.9.77%$3,127.2297.53%
GVF.AXStaude Capital Global Value Fund Limited9.73%$0.1454.60%
0023.HKThe Bank of East Asia, Limited9.72%$1.3143.70%
HBTS5.SACompanhia Habitasul de Participações9.72%$2.8363.33%
LAVV3.SALavvi Empreendimentos Imobiliários S.A.9.70%$1.5362.21%
POPF.BKPrime Office Leasehold Property Fund9.70%$0.6681.20%
ASRNL.ASASR Nederland N.V.9.68%$5.9273.33%
0QMG.LSwiss Life Holding AG9.66%$50.7872.66%
1292.HKChangan Minsheng APLL Logistics Co., Ltd.9.66%$0.3852.62%
GMI.SWGroupe Minoteries S.A.9.65%$22.0062.67%