DDM Analysis: 4968.T

Valuation Snapshot

Stable Growth	$1,114.27 - $1,929.69	$1,464.50
Multi-Stage	$2,203.24 - $2,421.35	$2,310.19
Blended Fair Value	$1,887.35
Current Price	$1,096.00
Upside	72.20%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	1.11%	6.13%	47.99	47.99	47.99	47.99	43.95	45.42	40.53	42.64	32.06	30.80
YoY Growth	-	-	0.00%	0.00%	0.00%	9.17%	-3.22%	12.06%	-4.96%	33.02%	4.09%	16.38%
Dividend Yield	-	-	4.68%	3.97%	4.81%	4.84%	3.69%	3.67%	2.76%	2.40%	1.67%	3.27%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,734.00
(-) Cash Dividends Paid (M)	971.00
(=) Cash Retained (M)	763.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	346.80	216.75	130.05
Cash Retained (M)	763.00	763.00	763.00
(-) Cash Required (M)	-346.80	-216.75	-130.05
(=) Excess Retained (M)	416.20	546.25	632.95
(/) Shares Outstanding (M)	19.84	19.84	19.84
(=) Excess Retained per Share	20.98	27.53	31.90
LTM Dividend per Share	48.94	48.94	48.94
(+) Excess Retained per Share	20.98	27.53	31.90
(=) Adjusted Dividend	69.92	76.48	80.85
WACC / Discount Rate	6.19%	6.19%	6.19%
Growth Rate	-0.08%	0.92%	1.92%
Fair Value	$1,114.27	$1,464.50	$1,929.69
Upside / Downside	1.67%	33.62%	76.07%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,734.00	1,749.91	1,765.96	1,782.17	1,798.52	1,815.02	1,869.47
Payout Ratio	56.00%	62.80%	69.60%	76.40%	83.20%	90.00%	92.50%
Projected Dividends (M)	971.00	1,098.91	1,229.09	1,361.56	1,496.36	1,633.51	1,729.26

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.19%	6.19%	6.19%
Growth Rate	-0.08%	0.92%	1.92%
Year 1 PV (M)	1,024.62	1,034.88	1,045.13
Year 2 PV (M)	1,068.53	1,090.02	1,111.73
Year 3 PV (M)	1,103.67	1,137.14	1,171.28
Year 4 PV (M)	1,130.94	1,176.90	1,224.25
Year 5 PV (M)	1,151.15	1,209.92	1,271.06
PV of Terminal Value (M)	38,230.63	40,182.42	42,213.13
Equity Value (M)	43,709.55	45,831.29	48,036.59
Shares Outstanding (M)	19.84	19.84	19.84
Fair Value	$2,203.24	$2,310.19	$2,421.35
Upside / Downside	101.03%	110.78%	120.93%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 80 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
301151.SZ	Shanghai Karon Eco-Valve Manufacturing Co., Ltd.	1.64%	$0.31	64.22%
4912.T	Lion Corporation	1.64%	$27.13	35.97%
5328.TWO	Hua Jung Components Co.,Ltd.	1.64%	$0.35	73.35%
600256.SS	Guanghui Energy Co., Ltd.	1.64%	$0.08	26.14%
605365.SS	Leedarson IoT Technology Inc.	1.64%	$0.44	81.91%
6244.TWO	Motech Industries Inc.	1.64%	$0.34	98.50%
6367.T	Daikin Industries,Ltd.	1.64%	$330.12	35.31%
6383.T	Daifuku Co., Ltd.	1.64%	$80.66	36.37%
6454.T	Max Co., Ltd.	1.64%	$113.15	45.27%
LSS.PA	Lectra S.A.	1.64%	$0.41	50.95%
MEVA.AT	Mevaco S.A.	1.64%	$0.15	13.50%
MOVI3.SA	Movida Participações S.A.	1.64%	$0.16	19.79%
SRSOLTD.BO	Silicon Rental Solutions Ltd.	1.64%	$1.90	9.23%
002266.SZ	Zhefu Holding Group Co., Ltd.	1.63%	$0.07	37.41%
0GDU.L	Paradox Interactive AB (publ)	1.63%	$5.00	82.82%
300121.SZ	Shandong Yanggu Huatai Chemical Co., Ltd.	1.63%	$0.21	53.84%
603013.SS	YAPP Automotive Systems Co., Ltd.	1.63%	$0.40	37.85%
603081.SS	Zhejiang Dafeng Industry Co., Ltd	1.63%	$0.23	92.61%
603194.SS	Zhejiang E-P Equipment Co Ltd	1.63%	$0.64	29.27%
603221.SS	Elegant Home-Tech Co., Ltd.	1.63%	$0.21	78.59%
BEI.DE	Beiersdorf AG	1.63%	$1.52	25.19%
CLD.WA	Cloud Technologies S.A.	1.63%	$1.14	92.28%
IVS.MI	IVS Group S.A.	1.63%	$0.12	62.72%
LDO.MI	Leonardo S.p.A.	1.63%	$0.84	33.82%
MEOH	Methanex Corporation	1.63%	$0.67	24.08%
PARKIN.AE	Parkin Company PJSC	1.63%	$0.09	49.98%
051900.KS	LG H&H Co., Ltd.	1.62%	$4,377.83	70.74%
0F4O.L	Lotus Bakeries N.V.	1.62%	$133.75	36.00%
300206.SZ	Edan Instruments, Inc.	1.62%	$0.21	48.61%
5393.T	Nichias Corporation	1.62%	$110.01	23.11%
603385.SS	Huida Sanitary Ware Co., Ltd.	1.62%	$0.11	69.37%
605050.SS	Friend Co.,Ltd.	1.62%	$0.22	30.01%
7378.T	ASIRO Inc.	1.62%	$23.93	20.21%
BPAC11.SA	Banco BTG Pactual S.A.	1.62%	$0.84	27.38%
GRMN	Garmin Ltd.	1.62%	$3.28	40.42%
RUBFILA.BO	Rubfila International Limited	1.62%	$1.20	22.45%
VALO.BA	Banco de Valores S.A.	1.62%	$8.91	22.52%
WAS.WA	Wasko S.A.	1.62%	$0.03	19.20%
002152.SZ	GRG Banking Equipment Co., Ltd.	1.61%	$0.22	65.18%
002457.SZ	Ningxia Qinglong Pipes Industry Group Co., Ltd.	1.61%	$0.18	28.21%
002913.SZ	Aoshikang Technology Co., Ltd.	1.61%	$0.69	60.58%
007570.KS	Ilyang Pharmaceutical Co.,Ltd	1.61%	$210.74	33.61%
066570.KS	LG Electronics Inc.	1.61%	$1,472.83	36.12%
603181.SS	Zhejiang Huangma Technology Co.,Ltd	1.61%	$0.23	29.53%
603416.SS	WuXi Xinje Electric Co.,Ltd.	1.61%	$0.89	59.24%
ABB.AX	Aussie Broadband Limited	1.61%	$0.08	39.83%
H22.SI	Hong Leong Asia Ltd.	1.61%	$0.04	31.75%
MATAS.CO	Matas A/S	1.61%	$2.00	26.57%
SRSN.JK	PT Indo Acidatama Tbk	1.61%	$1.00	12.49%
000050.KS	Kyungbangco.Ltd	1.60%	$149.61	11.55%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Arakawa Chemical Industries, Ltd. (4968.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener