Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

KDX Realty Investment Corporation (8972.T)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$1,933,907.85 - $4,479,087.03$4,197,560.50
Multi-Stage$662,059.54 - $724,733.63$692,820.50
Blended Fair Value$2,445,190.50
Current Price$148,600.00
Upside1,545.48%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS20.40%17.51%7,522.473,225.753,063.463,366.483,069.062,973.542,632.442,387.822,171.492,086.40
YoY Growth--133.20%5.30%-9.00%9.69%3.21%12.96%10.24%9.96%4.08%39.22%
Dividend Yield--5.06%2.07%2.04%1.95%1.52%2.21%1.41%1.44%1.37%1.31%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)88,200.68
(-) Cash Dividends Paid (M)30,123.06
(=) Cash Retained (M)58,077.63
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)17,640.1411,025.096,615.05
Cash Retained (M)58,077.6358,077.6358,077.63
(-) Cash Required (M)-17,640.14-11,025.09-6,615.05
(=) Excess Retained (M)40,437.4947,052.5451,462.57
(/) Shares Outstanding (M)3.923.923.92
(=) Excess Retained per Share10,325.7512,014.9113,141.01
LTM Dividend per Share7,691.957,691.957,691.95
(+) Excess Retained per Share10,325.7512,014.9113,141.01
(=) Adjusted Dividend18,017.7019,706.8620,832.96
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate5.50%6.50%7.50%
Fair Value$1,933,907.85$4,197,560.50$4,479,087.03
Upside / Downside1,201.42%2,724.74%2,914.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)88,200.6893,933.73100,039.42106,541.98113,467.21120,842.58124,467.86
Payout Ratio34.15%45.32%56.49%67.66%78.83%90.00%92.50%
Projected Dividends (M)30,123.0642,572.9256,513.9972,087.5389,446.85108,758.32115,132.77

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)39,605.5839,980.9840,356.39
Year 2 PV (M)48,910.4649,842.0750,782.47
Year 3 PV (M)58,040.2059,706.3261,404.03
Year 4 PV (M)66,997.2169,573.7472,223.87
Year 5 PV (M)75,783.9379,444.3283,244.80
PV of Terminal Value (M)2,303,406.932,414,662.352,530,175.77
Equity Value (M)2,592,744.312,713,209.782,838,187.34
Shares Outstanding (M)3.923.923.92
Fair Value$662,059.54$692,820.50$724,733.63
Upside / Downside345.53%366.23%387.71%

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%