Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hankyu Hanshin REIT, Inc. (8977.T)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$142,959.78 - $235,099.35$183,940.63
Multi-Stage$294,851.15 - $323,511.49$308,906.07
Blended Fair Value$246,423.35
Current Price$148,000.00
Upside66.50%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.03%4.70%6,082.686,058.775,869.366,015.176,213.076,073.115,179.114,593.344,633.594,387.67
YoY Growth--0.39%3.23%-2.42%-3.19%2.30%17.26%12.75%-0.87%5.60%14.16%
Dividend Yield--5.15%4.29%3.84%3.80%5.16%3.52%3.52%3.51%3.11%3.43%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,839.47
(-) Cash Dividends Paid (M)8,467.47
(=) Cash Retained (M)372.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,767.891,104.93662.96
Cash Retained (M)372.00372.00372.00
(-) Cash Required (M)-1,767.89-1,104.93-662.96
(=) Excess Retained (M)-1,395.90-732.94-290.96
(/) Shares Outstanding (M)0.700.700.70
(=) Excess Retained per Share-2,007.91-1,054.28-418.53
LTM Dividend per Share12,179.9112,179.9112,179.91
(+) Excess Retained per Share-2,007.91-1,054.28-418.53
(=) Adjusted Dividend10,172.0011,125.6311,761.38
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate-0.59%0.41%1.41%
Fair Value$142,959.78$183,940.63$235,099.35
Upside / Downside-3.41%24.28%58.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,839.478,875.538,911.738,948.088,984.589,021.239,291.87
Payout Ratio95.79%94.63%93.47%92.32%91.16%90.00%92.50%
Projected Dividends (M)8,467.478,399.208,330.248,260.578,190.208,119.118,594.98

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate-0.59%0.41%1.41%
Year 1 PV (M)7,809.427,887.987,966.54
Year 2 PV (M)7,201.437,347.047,494.12
Year 3 PV (M)6,639.756,842.157,048.63
Year 4 PV (M)6,120.926,370.966,628.58
Year 5 PV (M)5,641.725,931.256,232.55
PV of Terminal Value (M)171,567.29180,372.12189,534.78
Equity Value (M)204,980.52214,751.50224,905.19
Shares Outstanding (M)0.700.700.70
Fair Value$294,851.15$308,906.07$323,511.49
Upside / Downside99.22%108.72%118.59%

High-Yield Dividend Screener

« Prev Page 74 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PHN.MIPharmanutra S.p.A.1.89%$1.0254.97%
002117.SZTungkong Inc.1.88%$0.2667.89%
031440.KSSHINSEGAE FOOD Inc.1.88%$899.9814.67%
1590.TWAirTAC International Group1.88%$17.9845.66%
2678.HKTexhong Textile Group Limited1.88%$0.096.21%
4112.THodogaya Chemical Co., Ltd.1.88%$42.1632.13%
4739.TITOCHU Techno-Solutions Corporation1.88%$81.1350.53%
600499.SSKeda Industrial Group Co., Ltd.1.88%$0.2634.23%
6594.TNidec Corporation1.88%$40.0525.72%
GFPT-R.BKGFPT Public Company Limited1.88%$0.2010.54%
NGI.AXNavigator Global Investments Limited1.88%$0.0619.77%
SVW.AXSeven Group Holdings Limited1.88%$0.8731.55%
002461.SZGuangzhou Zhujiang Brewery Co., Ltd1.87%$0.1740.51%
002788.SZLuyan Pharma Co.,Ltd.1.87%$0.4049.91%
600600.SSTsingtao Brewery Company Limited1.87%$1.1433.65%
600900.SSChina Yangtze Power Co., Ltd.1.87%$0.5137.99%
603238.SSHangZhou Nbond Nonwovens Co., Ltd.1.87%$0.3348.05%
6875.TMegaChips Corporation1.87%$148.1788.24%
7095.KLP.I.E. Industrial Berhad1.87%$0.0544.49%
8334.TThe Gunma Bank, Ltd.1.87%$32.3726.45%
BVB.DEBorussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien1.87%$0.0623.76%
DNG.TODynacor Group Inc.1.87%$0.1028.25%
ICNC-UNIconic Sports Acquisition Corp.1.87%$0.2030.34%
PAZ.SNPaz Corp S.A.1.87%$14.9926.20%
002756.SZYongxing Special Materials Technology Co.,Ltd1.86%$1.0188.45%
006980.KSWoosung Co., Ltd.1.86%$299.972.95%
084110.KQHuons Global Co., Ltd.1.86%$939.2047.07%
4100.SRMakkah Construction & Development Company1.86%$1.4866.05%
603867.SSZhejiang Xinhua Chemical Co.,Ltd1.86%$0.4738.85%
6849.TNihon Kohden Corporation1.86%$31.3228.12%
9515.SRFesh Fash Snack Food Production Company1.86%$0.1824.81%
CIMSA.ISÇimsa Çimento Sanayi ve Ticaret A.S.1.86%$0.8543.17%
EGATIF.BKElectricity Generating Authority Of Thailand- North Bangkok Power Plant Block 1 Infrastructure Fund1.86%$0.1122.36%
ESNTEssent Group Ltd.1.86%$1.2117.35%
RVRC.STRVRC Holding AB (publ)1.86%$1.2044.59%
002803.SZXiamen Jihong Technology Co., Ltd.1.85%$0.3049.75%
2467.TWC Sun Mfg Ltd.1.85%$4.9998.76%
300160.SZJiangsu Xiuqiang Glasswork Co., Ltd.1.85%$0.1037.25%
600609.SSShenyang Jinbei Automotive Company Limited1.85%$0.0941.26%
601882.SSNingbo Haitian Precision Machinery Co.,Ltd.1.85%$0.3641.14%
603199.SSAnhui Jiuhuashan Tourism Development Co., Ltd.1.85%$0.6835.31%
7245.TDaido Metal Co., Ltd.1.85%$18.1630.01%
BTGB2Gold Corp.1.85%$0.0856.43%
COIC.STConcentric AB (publ)1.85%$4.2555.44%
MPCC.OLMPC Container Ships ASA1.85%$0.3256.17%
000823.SZGuangdong Goworld Co., Ltd.1.84%$0.2554.48%
0529.HKSiS International Holdings Limited1.84%$0.043.76%
0KBI.LKnorr-Bremse AG1.84%$1.7566.92%
300866.SZAnker Innovations Limited1.84%$2.1043.92%
4013.SRDr. Sulaiman Al Habib Medical Services Group Company1.84%$4.7270.08%