Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ASICS Corporation (7936.T)

Company Dividend Discount ModelIndustry: Apparel - Footwear & AccessoriesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$20,083.59 - $23,661.87$22,174.64
Multi-Stage$13,547.23 - $14,868.86$14,195.70
Blended Fair Value$18,185.17
Current Price$3,872.00
Upside369.66%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS26.27%16.25%20.3112.527.169.204.606.339.386.236.226.22
YoY Growth--62.24%74.85%-22.20%100.03%-27.30%-32.51%50.61%0.07%0.00%38.14%
Dividend Yield--0.65%0.72%0.76%1.55%1.04%2.53%2.48%1.26%1.39%1.24%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)85,180.00
(-) Cash Dividends Paid (M)15,796.00
(=) Cash Retained (M)69,384.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)17,036.0010,647.506,388.50
Cash Retained (M)69,384.0069,384.0069,384.00
(-) Cash Required (M)-17,036.00-10,647.50-6,388.50
(=) Excess Retained (M)52,348.0058,736.5062,995.50
(/) Shares Outstanding (M)715.93715.93715.93
(=) Excess Retained per Share73.1282.0487.99
LTM Dividend per Share22.0622.0622.06
(+) Excess Retained per Share73.1282.0487.99
(=) Adjusted Dividend95.18104.11110.06
WACC / Discount Rate2.43%2.43%2.43%
Growth Rate5.50%6.50%7.50%
Fair Value$20,083.59$22,174.64$23,661.87
Upside / Downside418.69%472.69%511.10%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)85,180.0090,716.7096,613.29102,893.15109,581.20116,703.98120,205.10
Payout Ratio18.54%32.84%47.13%61.42%75.71%90.00%92.50%
Projected Dividends (M)15,796.0029,787.2045,530.5163,194.6182,962.67105,033.58111,189.72

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.43%2.43%2.43%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)28,808.6929,081.7629,354.83
Year 2 PV (M)42,588.3043,399.4944,218.33
Year 3 PV (M)57,169.1458,810.2660,482.49
Year 4 PV (M)72,586.8975,378.3878,249.61
Year 5 PV (M)88,878.6693,171.5497,628.71
PV of Terminal Value (M)9,408,794.049,863,242.3110,335,083.38
Equity Value (M)9,698,825.7210,163,083.7210,645,017.35
Shares Outstanding (M)715.93715.93715.93
Fair Value$13,547.23$14,195.70$14,868.86
Upside / Downside249.88%266.62%284.01%

High-Yield Dividend Screener

« Prev Page 7 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PLYMPlymouth Industrial REIT, Inc.4.80%$1.0549.94%
SAFTSafety Insurance Group, Inc.4.80%$3.6361.47%
CETCentral Securities Corp.4.79%$2.4313.87%
GBLIGlobal Indemnity Group, LLC4.79%$1.3870.11%
JANIXJanus Henderson Triton Fund Class D4.79%$1.2767.95%
MITNAG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 20294.77%$1.2175.90%
PRUPrudential Financial, Inc.4.77%$5.4373.37%
IFAFXThe Income Fund of America, Class F-1 Shares4.76%$1.2433.91%
AMECXAmerican Funds The Income Fund of America Class A4.74%$1.2433.91%
UMPQUmpqua Holdings Corporation4.74%$0.8454.13%
NFBKNorthfield Bancorp, Inc.4.73%$0.5454.01%
SBSISouthside Bancshares, Inc.4.72%$1.4462.24%
TNLTravel + Leisure Co.4.72%$3.4054.99%
AIRCApartment Income REIT Corp.4.68%$1.8341.27%
SONSonoco Products Company4.68%$2.0832.95%
OFLXOmega Flex, Inc.4.67%$1.3685.30%
FTAIOFTAI Aviation Ltd.4.65%$1.1825.22%
WDWalker & Dunlop, Inc.4.65%$2.7379.29%
0J2Z.LHA Sustainable Infrastructure Capital, Inc.4.63%$1.4766.70%
FLMNFalcon Minerals Corporation4.63%$0.3681.83%
GSRMGSR II Meteora Acquisition Corp.4.62%$0.1532.94%
FBFWXAmerican Funds Retirement Income Portfolio - Moderate Class F-14.61%$0.6379.77%
GPSThe Gap, Inc.4.61%$0.9341.48%
QUADQuad/Graphics, Inc.4.61%$0.2764.56%
BMYBristol-Myers Squibb Company4.59%$2.4582.81%
WTBAWest Bancorporation, Inc.4.56%$0.9952.39%
SCPLSciPlay Corporation4.55%$1.0417.40%
OLPOne Liberty Properties, Inc.4.53%$0.9257.61%
RWAYLRunway Growth Finance Corp. - 74.53%$1.1475.51%
INSWInternational Seaways, Inc.4.52%$2.1248.43%
RWAYZRunway Growth Finance Corp. 8.00% Notes due 20274.52%$1.1475.51%
DDominion Energy, Inc.4.48%$2.6597.13%
TGTTarget Corporation4.48%$4.5054.48%
COLBColumbia Banking System, Inc.4.47%$1.2662.95%
DFPAXBNY Mellon Diversified International Fund Class A4.46%$0.4556.12%
KEYKeyCorp4.46%$0.9495.81%
RPTIXT. Rowe Price Mid-Cap Growth Fund4.46%$4.3859.54%
CGBDCarlyle Secured Lending, Inc.4.45%$0.5655.08%
NEWTPNewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B4.44%$1.0244.14%
PFCPremier Financial Corp.4.43%$1.2468.07%
BFCBank First Corporation4.40%$5.3073.82%
DUKDuke Energy Corporation4.40%$5.1780.55%
0L77.LSkyworks Solutions, Inc.4.37%$2.7990.67%
ESCAEscalade, Incorporated4.35%$0.6065.28%
DINOHF Sinclair Corporation4.34%$2.0396.43%
LBAILakeland Bancorp, Inc.4.34%$0.5844.96%
CVXChevron Corporation4.32%$6.7495.36%
CVBFCVB Financial Corp.4.31%$0.8154.32%
HTBKHeritage Commerce Corp4.30%$0.5273.66%
EQREquity Residential4.28%$2.6689.76%