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$113,056.36 - $208,123.98$152,240.35
Multi-Stage$156,257.75 - $171,110.07$163,544.63
Blended Fair Value$157,892.49
Current Price$74,700.00
Upside111.37%
DecisionBuy

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 Rate7.35%7.35%7.35%
Growth Rate1.79%2.79%3.79%
Fair Value$113,056.36$152,240.35$208,123.98
Upside / Downside51.35%103.80%178.61%

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 Rate7.35%7.35%7.35%
Growth Rate1.79%2.79%3.79%
Year 1 PV (M)18,982.3619,168.8519,355.33
Year 2 PV (M)19,060.3319,436.6719,816.69
Year 3 PV (M)19,079.2619,647.1120,226.12
Year 4 PV (M)19,045.0619,804.5620,586.55
Year 5 PV (M)18,963.1819,913.1420,900.80
PV of Terminal Value (M)461,147.41484,248.56508,266.38
Equity Value (M)556,277.60582,218.89609,151.86
Shares Outstanding (M)3.563.563.56
Fair Value$156,257.75$163,544.63$171,110.07
Upside / Downside109.18%118.94%129.06%

High-Yield Dividend Screener

« Prev Page 70 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
6101.TTsugami Corporation2.08%$59.7021.18%
9549.SRAbdulaziz and Mansour Ibrahim Albabtin Co.2.08%$0.5029.71%
FPAR-A.STFastPartner AB (publ)2.08%$0.9755.03%
GRNG.STGränges AB (publ)2.08%$3.0934.78%
ZGNErmenegildo Zegna N.V.2.08%$0.2228.26%
000983.SZShanxi Coking Coal Energy Group Co.,Ltd.2.07%$0.1344.44%
006090.KSOyang Corporation2.07%$187.5543.67%
0O1O.LVetoquinol S.A.2.07%$1.7419.10%
1748.HKXin Yuan Enterprises Group Limited2.07%$0.0462.70%
4677.KLYTL Corporation Berhad2.07%$0.0426.42%
603136.SSJiangsu Tianmu Lake Tourism Co.,Ltd2.07%$0.2464.23%
7965.TZojirushi Corporation2.07%$32.3536.35%
MRSA3B.SAMRS Logística S.A.2.07%$0.8118.86%
OCL.AXObjective Corporation Limited2.07%$0.3457.76%
TRTNTriton International Limited2.07%$1.6528.50%
001219.SZQingdao Foods CO.,LTD.2.06%$0.2955.25%
002351.SZEdifier Technology Co., Ltd.2.06%$0.2553.80%
004830.KSDuksung Co., Ltd.2.06%$100.3019.66%
600120.SSZhejiang Orient Financial Holdings Group Co., Ltd.2.06%$0.1332.28%
600143.SSKingfa Sci. & Tech. Co., Ltd.2.06%$0.4085.82%
7735.TSCREEN Holdings Co., Ltd.2.06%$314.4332.13%
ALSO3.SAAliansce Sonae Shopping Centers S.A.2.06%$0.529.27%
MLIA.JKPT Mulia Industrindo Tbk2.06%$6.9827.72%
REA.AXREA Group Limited2.06%$3.8151.46%
THEON.ASTheon International PLC2.06%$0.5552.53%
000902.SZYONFER Agricultural Technology Co., Ltd.2.05%$0.3226.06%
002938.SZAvary Holding(Shenzhen)Co., Limited2.05%$1.0459.37%
036930.KQJUSUNG ENGINEERING Co., Ltd.2.05%$625.5045.79%
086280.KSHyundai Glovis Co., Ltd.2.05%$3,700.1019.97%
2730.TEDION Corporation2.05%$43.4130.64%
4191.SRAbdullah Saad Mohammed Abo Moati for Bookstores Company2.05%$1.0176.56%
9527.SRAme Company For Medical Supplies2.05%$2.0027.73%
BMIN3.SABanco Mercantil de Investimentos S.A.2.05%$0.4728.32%
GUAR3.SAGuararapes Confecções S.A.2.05%$0.1820.09%
MGROS.ISMigros Ticaret A.S.2.05%$10.8831.41%
MLL.DEMüller - Die lila Logistik AG2.05%$0.106.76%
RAY-A.TOStingray Group Inc.2.05%$0.3039.32%
VIVA3.SAVivara Participações S.A.2.05%$0.6620.93%
268280.KSMiwon Specialty Chemical Co., Ltd.2.04%$2,814.5722.79%
2869.HKGreentown Service Group Co. Ltd.2.04%$0.0917.96%
450330.KQHass2.04%$131.7935.27%
605589.SSJinan Shengquan Group Share Holding Co., Ltd.2.04%$0.5844.86%
CEK.DECeoTronics AG2.04%$0.2634.71%
CSAP.JKPT Catur Sentosa Adiprana Tbk2.04%$6.5030.53%
ROTH.PARothschild & Co SCA2.04%$0.7813.71%
2476.TWG-SHANK Enterprise Co., Ltd.2.03%$1.8549.48%
2852.KLCahya Mata Sarawak Berhad2.03%$0.0328.80%
3788.HKChina Hanking Holdings Limited2.03%$0.0836.16%
4004.SRDallah Healthcare Company2.03%$2.5449.37%
601607.SSShanghai Pharmaceuticals Holding Co., Ltd2.03%$0.3623.77%