Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

SoftBank Group Corp. (0R15.L)

Company Dividend Discount ModelIndustry: Telecommunications ServicesSector: Communication Services

Valuation Snapshot

Stable Growth$9,286.88 - $13,683.01$11,396.56
Multi-Stage$21,528.21 - $23,769.67$22,626.44
Blended Fair Value$17,011.50
Current Price$10,415.00
Upside63.34%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-1.39%3.03%44.3044.5448.6152.4960.0447.5133.1633.1632.0232.68
YoY Growth---0.52%-8.38%-7.39%-12.58%26.36%43.28%0.00%3.55%-2.00%-0.63%
Dividend Yield--0.43%0.42%0.72%1.00%0.76%0.86%0.63%0.83%0.68%0.69%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,745,189.00
(-) Cash Dividends Paid (M)72,825.00
(=) Cash Retained (M)1,672,364.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)349,037.80218,148.63130,889.18
Cash Retained (M)1,672,364.001,672,364.001,672,364.00
(-) Cash Required (M)-349,037.80-218,148.63-130,889.18
(=) Excess Retained (M)1,323,326.201,454,215.381,541,474.83
(/) Shares Outstanding (M)1,445.061,445.061,445.06
(=) Excess Retained per Share915.761,006.331,066.72
LTM Dividend per Share50.4050.4050.40
(+) Excess Retained per Share915.761,006.331,066.72
(=) Adjusted Dividend966.151,056.731,117.12
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate-3.39%-2.39%-1.39%
Fair Value$9,286.88$11,396.56$13,683.01
Upside / Downside-10.83%9.42%31.38%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,745,189.001,703,489.601,662,786.571,623,056.091,584,274.931,546,420.401,592,813.01
Payout Ratio4.17%21.34%38.50%55.67%72.83%90.00%92.50%
Projected Dividends (M)72,825.00363,496.07640,235.02903,541.701,153,899.991,391,778.361,473,352.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate-3.39%-2.39%-1.39%
Year 1 PV (M)337,302.95340,794.32344,285.68
Year 2 PV (M)551,290.20562,761.88574,351.70
Year 3 PV (M)721,953.89744,605.21767,725.43
Year 4 PV (M)855,558.79891,535.55928,635.20
Year 5 PV (M)957,573.651,008,168.671,060,880.07
PV of Terminal Value (M)27,685,900.2329,148,731.7030,672,752.88
Equity Value (M)31,109,579.7132,696,597.3334,348,630.96
Shares Outstanding (M)1,445.061,445.061,445.06
Fair Value$21,528.21$22,626.44$23,769.67
Upside / Downside106.70%117.25%128.23%

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