DDM Analysis: 6082.T

Valuation Snapshot

Stable Growth	$464.42 - $720.68	$582.99
Multi-Stage	$673.42 - $739.53	$705.84
Blended Fair Value	$644.42
Current Price	$1,002.00
Upside	-35.69%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	6.72%	0.00%	14.87	29.86	31.07	32.83	21.50	10.74	10.77	10.66	10.54	10.33
YoY Growth	-	-	-50.20%	-3.90%	-5.35%	52.67%	100.12%	-0.25%	1.03%	1.14%	2.01%	0.00%
Dividend Yield	-	-	1.48%	2.84%	2.94%	2.72%	1.51%	0.41%	0.91%	0.55%	1.04%	0.80%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	472.19
(-) Cash Dividends Paid (M)	72.38
(=) Cash Retained (M)	399.82

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	94.44	59.02	35.41
Cash Retained (M)	399.82	399.82	399.82
(-) Cash Required (M)	-94.44	-59.02	-35.41
(=) Excess Retained (M)	305.38	340.79	364.40
(/) Shares Outstanding (M)	9.78	9.78	9.78
(=) Excess Retained per Share	31.24	34.86	37.28
LTM Dividend per Share	7.40	7.40	7.40
(+) Excess Retained per Share	31.24	34.86	37.28
(=) Adjusted Dividend	38.64	42.26	44.68
WACC / Discount Rate	8.48%	8.48%	8.48%
Growth Rate	0.15%	1.15%	2.15%
Fair Value	$464.42	$582.99	$720.68
Upside / Downside	-53.65%	-41.82%	-28.08%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	472.19	477.62	483.10	488.65	494.27	499.95	514.94
Payout Ratio	15.33%	30.26%	45.20%	60.13%	75.07%	90.00%	92.50%
Projected Dividends (M)	72.38	144.54	218.35	293.83	371.02	449.95	476.32

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.48%	8.48%	8.48%
Growth Rate	0.15%	1.15%	2.15%
Year 1 PV (M)	131.92	133.24	134.56
Year 2 PV (M)	181.89	185.54	189.23
Year 3 PV (M)	223.40	230.16	237.06
Year 4 PV (M)	257.47	267.90	278.66
Year 5 PV (M)	284.98	299.49	314.59
PV of Terminal Value (M)	5,503.64	5,783.96	6,075.58
Equity Value (M)	6,583.30	6,900.30	7,229.67
Shares Outstanding (M)	9.78	9.78	9.78
Fair Value	$673.42	$705.84	$739.53
Upside / Downside	-32.79%	-29.56%	-26.19%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 9 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
ATLO	Ames National Corporation	3.84%	$0.87	48.60%
FRME	First Merchants Corporation	3.83%	$1.44	35.39%
PCAR	PACCAR Inc	3.83%	$4.27	83.66%
0HJO.L	AvalonBay Communities, Inc.	3.82%	$6.86	84.26%
FE	FirstEnergy Corp.	3.82%	$1.73	75.49%
LXFR	Luxfer Holdings PLC	3.81%	$0.52	98.38%
LCII	LCI Industries	3.80%	$4.72	64.48%
NEN	New England Realty Associates Limited Partnership	3.78%	$2.44	73.23%
PAYX	Paychex, Inc.	3.78%	$4.10	91.97%
RGCO	RGC Resources, Inc.	3.78%	$0.81	63.02%
UBSI	United Bankshares, Inc.	3.78%	$1.45	48.05%
SLVM	Sylvamo Corporation	3.77%	$1.80	41.11%
CAC	Camden National Corporation	3.75%	$1.61	47.99%
ARCH	Arch Resources, Inc.	3.74%	$5.04	50.87%
USB	U.S. Bancorp	3.74%	$2.02	43.68%
WSR	Whitestone REIT	3.74%	$0.52	60.32%
FDBC	Fidelity D & D Bancorp, Inc.	3.73%	$1.61	35.71%
WNC	Wabash National Corporation	3.73%	$0.33	5.38%
VLY	Valley National Bancorp	3.72%	$0.43	47.26%
GHLD	Guild Holdings Company	3.71%	$0.74	36.91%
FNF	Fidelity National Financial, Inc.	3.69%	$2.00	46.79%
IPAR	Inter Parfums, Inc.	3.68%	$3.15	61.47%
WSBF	Waterstone Financial, Inc.	3.68%	$0.61	45.57%
AROW	Arrow Financial Corporation	3.66%	$1.15	54.67%
ASIX	AdvanSix Inc.	3.66%	$0.63	32.72%
ASRV	AmeriServ Financial, Inc.	3.66%	$0.12	78.81%
CVGW	Calavo Growers, Inc.	3.66%	$0.80	71.92%
OXY	Occidental Petroleum Corporation	3.65%	$1.55	75.62%
FMAO	Farmers & Merchants Bancorp, Inc.	3.64%	$0.89	37.59%
LNKB	LINKBANCORP, Inc.	3.64%	$0.30	29.21%
BHRB	Burke & Herbert Bank & Trust Company	3.63%	$2.24	31.71%
EOG	EOG Resources, Inc.	3.63%	$3.90	38.34%
FITB	Fifth Third Bancorp	3.61%	$1.72	47.89%
LNC	Lincoln National Corporation	3.61%	$1.63	14.98%
MCBS	MetroCity Bankshares, Inc.	3.61%	$0.95	36.60%
OZK	Bank OZK	3.61%	$1.70	26.69%
PCB	PCB Bancorp	3.61%	$0.78	31.72%
SFD	SMITHFIELD FOODS INC	3.60%	$0.80	36.46%
0HOB.L	H&R Block, Inc.	3.59%	$1.54	33.12%
ASB	Associated Banc-Corp	3.59%	$0.92	87.56%
PLOW	Douglas Dynamics, Inc.	3.59%	$1.18	66.47%
EXC	Exelon Corporation	3.58%	$1.57	56.50%
MC	Moelis & Company	3.58%	$2.55	85.89%
TIPT	Tiptree Inc.	3.57%	$0.64	49.10%
BPRN	Princeton Bancorp, Inc.	3.56%	$1.20	46.56%
EVRG	Evergy, Inc.	3.56%	$2.60	71.71%
CZFS	Citizens Financial Services, Inc.	3.55%	$1.97	27.82%
CNO-PA	CNO Financial Group, Inc. 5.125	3.54%	$0.67	22.53%
NBTB	NBT Bancorp Inc.	3.54%	$1.47	46.30%
0JQQ.L	Archer-Daniels-Midland Company	3.53%	$2.03	82.76%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

RIDE ON EXPRESS HOLDINGS Co., Ltd. (6082.T)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener