Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Kureha Corporation (4023.T)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$1,893.38 - $3,015.53$2,403.41
Multi-Stage$2,783.57 - $3,049.33$2,913.94
Blended Fair Value$2,658.68
Current Price$3,820.00
Upside-30.40%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS5.25%8.96%99.73112.74104.4271.0171.0177.2261.8743.5140.4544.11
YoY Growth---11.54%7.97%47.05%0.00%-8.04%24.80%42.20%7.57%-8.30%4.35%
Dividend Yield--3.17%4.01%3.82%2.23%3.31%4.92%2.50%1.65%2.19%3.70%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,468.00
(-) Cash Dividends Paid (M)4,431.00
(=) Cash Retained (M)4,037.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,693.601,058.50635.10
Cash Retained (M)4,037.004,037.004,037.00
(-) Cash Required (M)-1,693.60-1,058.50-635.10
(=) Excess Retained (M)2,343.402,978.503,401.90
(/) Shares Outstanding (M)46.7346.7346.73
(=) Excess Retained per Share50.1563.7572.81
LTM Dividend per Share94.8394.8394.83
(+) Excess Retained per Share50.1563.7572.81
(=) Adjusted Dividend144.98158.58167.64
WACC / Discount Rate8.32%8.32%8.32%
Growth Rate0.61%1.61%2.61%
Fair Value$1,893.38$2,403.41$3,015.53
Upside / Downside-50.44%-37.08%-21.06%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,468.008,604.758,743.708,884.909,028.389,174.179,449.40
Payout Ratio52.33%59.86%67.40%74.93%82.47%90.00%92.50%
Projected Dividends (M)4,431.005,150.905,892.896,657.517,445.288,256.768,740.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.32%8.32%8.32%
Growth Rate0.61%1.61%2.61%
Year 1 PV (M)4,708.494,755.294,802.08
Year 2 PV (M)4,924.095,022.455,121.79
Year 3 PV (M)5,085.195,238.335,394.51
Year 4 PV (M)5,198.475,408.245,624.30
Year 5 PV (M)5,269.915,537.055,814.92
PV of Terminal Value (M)104,876.25110,192.65115,722.50
Equity Value (M)130,062.40136,154.02142,480.10
Shares Outstanding (M)46.7346.7346.73
Fair Value$2,783.57$2,913.94$3,049.33
Upside / Downside-27.13%-23.72%-20.17%

High-Yield Dividend Screener

« Prev Page 72 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
TCNTricon Residential Inc.1.98%$0.2253.83%
000617.SZCNPC Capital Company Limited1.97%$0.1955.65%
013580.KSKyeryong Construction Industrial Co., Ltd.1.97%$399.956.19%
600033.SSFujian Expressway Development Co.,Ltd1.97%$0.0827.53%
603337.SSJack Technology Co.,Ltd1.97%$0.8544.29%
603338.SSZhejiang Dingli Machinery Co.,Ltd1.97%$1.1232.10%
605090.SSJiangxi Jovo Energy Co., Ltd1.97%$0.8542.14%
DEZ.DEDeutz AG1.97%$0.1799.16%
KEJU.JKPT Mulia Boga Raya Tbk1.97%$13.0042.56%
LOGN.SWLogitech International S.A.1.97%$1.6036.80%
NTSC.BKNutrition SC Public Company Limited1.97%$0.1213.98%
000220.KSYuyu Pharma, Inc.1.96%$89.7431.97%
000862.SZNing Xia Yin Xing Energy Co.,Ltd1.96%$0.1178.53%
001333.SZZhejiang Guanghua Technology Co., Ltd.1.96%$0.4241.57%
002926.SZHUAXI Securities Co., Ltd.1.96%$0.1831.11%
0QMI.LSGS S.A.1.96%$1.6631.21%
0R4W.LMultitude SE1.96%$0.1219.36%
183300.KQKoMiCo Ltd.1.96%$1,854.5632.39%
600031.SSSany Heavy Industry Co., Ltd1.96%$0.4142.56%
600449.SSNingxia Building Materials Group Co.,Ltd1.96%$0.2439.64%
603477.SSLeshan Giantstar Farming&Husbandry Corporation Limited1.96%$0.3445.55%
603650.SSRed Avenue New Materials Group Co., Ltd.1.96%$0.8689.92%
EQB.TOEQB Inc.1.96%$2.0522.50%
EVROF.ATEvrofarma S.A.1.96%$0.0725.28%
HAGA.ICHagar hf1.96%$2.3034.34%
INISS-B.STInission AB (publ)1.96%$0.9855.65%
TWPC.BKThai Wah Public Company Limited1.96%$0.0632.91%
001358.SZShaoxing Xingxin New Materials Co Ltd1.95%$0.5095.37%
003039.SZGuangdong Shunkong Development Co.,Ltd.1.95%$0.3170.47%
267250.KSHD Hyundai Co., Ltd.1.95%$3,599.8749.88%
4553.TTowa Pharmaceutical Co., Ltd.1.95%$71.0416.94%
688236.SSBeijing Chunlizhengda Medical Instruments Co., Ltd.1.95%$0.4566.78%
MIDI.JKPT Midi Utama Indonesia Tbk1.95%$7.3536.66%
002662.SZBeijing WKW Automotive Parts Co.,Ltd.1.94%$0.0849.66%
002697.SZChengdu Hongqi Chain Co.,Ltd.1.94%$0.1230.44%
0345.HKVitasoy International Holdings Limited1.94%$0.1336.86%
079430.KSHyundai Livart Furniture Company Limited1.94%$131.1521.94%
0GEG.LVaisala Oyj1.94%$0.8548.66%
2229.TCalbee, Inc.1.94%$58.0941.83%
3284.THoosiers Holdings Co., Ltd.1.94%$25.5522.98%
4819.TDigital Garage, Inc.1.94%$52.4275.12%
600061.SSSDIC Capital Co.,Ltd1.94%$0.1529.00%
600356.SSMudanjiang Hengfeng Paper Co.,Ltd1.94%$0.1733.08%
600563.SSXiamen Faratronic Co., Ltd.1.94%$2.0439.85%
688468.SSChemclin Diagnostics Co., Ltd.1.94%$0.1499.41%
9610.SRFirst Avenue for Real Estate De1.94%$0.1216.89%
ADMIE.ATAdmie Holding S.A.1.94%$0.0610.56%
MPHASIS.BOMphasis Limited1.94%$54.4258.27%
TREL-B.STTrelleborg AB (publ)1.94%$7.5646.55%
005740.KSCROWNHAITAI Holdings Co.,Ltd.1.93%$130.059.54%