Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ASICS Corporation (7936.T)

Company Dividend Discount ModelIndustry: Apparel - Footwear & AccessoriesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$20,083.59 - $23,661.87$22,174.64
Multi-Stage$13,904.94 - $15,261.64$14,570.62
Blended Fair Value$18,372.63
Current Price$3,872.00
Upside374.50%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS26.27%16.25%20.3112.527.169.204.606.339.386.236.226.22
YoY Growth--62.24%74.85%-22.20%100.03%-27.30%-32.51%50.61%0.07%0.00%38.14%
Dividend Yield--0.65%0.72%0.76%1.55%1.04%2.53%2.48%1.26%1.39%1.24%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)85,180.00
(-) Cash Dividends Paid (M)15,796.00
(=) Cash Retained (M)69,384.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)17,036.0010,647.506,388.50
Cash Retained (M)69,384.0069,384.0069,384.00
(-) Cash Required (M)-17,036.00-10,647.50-6,388.50
(=) Excess Retained (M)52,348.0058,736.5062,995.50
(/) Shares Outstanding (M)715.93715.93715.93
(=) Excess Retained per Share73.1282.0487.99
LTM Dividend per Share22.0622.0622.06
(+) Excess Retained per Share73.1282.0487.99
(=) Adjusted Dividend95.18104.11110.06
WACC / Discount Rate1.89%1.89%1.89%
Growth Rate5.50%6.50%7.50%
Fair Value$20,083.59$22,174.64$23,661.87
Upside / Downside418.69%472.69%511.10%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)85,180.0090,716.7096,613.29102,893.15109,581.20116,703.98120,205.10
Payout Ratio18.54%32.84%47.13%61.42%75.71%90.00%92.50%
Projected Dividends (M)15,796.0029,787.2045,530.5163,194.6182,962.67105,033.58111,189.72

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.89%1.89%1.89%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)28,960.5929,235.1029,509.60
Year 2 PV (M)43,038.5943,858.3544,685.85
Year 3 PV (M)58,078.2159,745.4361,444.25
Year 4 PV (M)74,129.9476,980.7779,913.04
Year 5 PV (M)91,246.6395,653.87100,229.79
PV of Terminal Value (M)9,659,469.2210,126,025.1910,610,437.36
Equity Value (M)9,954,923.1610,431,498.7010,926,219.90
Shares Outstanding (M)715.93715.93715.93
Fair Value$13,904.94$14,570.62$15,261.64
Upside / Downside259.12%276.31%294.15%

High-Yield Dividend Screener

Page 1 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ARDCAres Dynamic Credit Allocation Fund, Inc.19.91%$2.6577.10%
JGHNuveen Global High Income Fund19.71%$2.4870.08%
BSLBlackstone / GSO Senior Floating Rate Term Fund19.66%$2.6595.83%
RGTRoyce Global Value Trust, Inc.19.58%$2.5637.89%
AIKIAIkido Pharma Inc.19.55%$0.7010.85%
PFNPIMCO Income Strategy Fund II19.43%$1.4672.85%
JLSNuveen Mortgage and Income Fund19.40%$3.5384.31%
ACVVirtus Diversified Income & Convertible Fund19.28%$5.0772.66%
BGBBlackstone/GSO Strategic Credit Fund19.19%$2.2686.72%
PHKPIMCO High Income Fund19.11%$0.9386.61%
DTWDTE Energy Company JR SUB DB 2017 E19.03%$4.0887.19%
EMDWestern Asset Emerging Markets Debt Fund Inc.18.84%$2.0378.17%
SR-PASpire Inc.18.76%$4.5498.60%
SRVNXG Cushing Midstream Energy Fund18.74%$7.5366.75%
CIKCredit Suisse Asset Management Income Fund, Inc.18.41%$0.5282.82%
DHYCredit Suisse High Yield Bond Fund, Inc.18.39%$0.3788.67%
MNRMach Natural Resources LP18.30%$2.0689.28%
PFLPIMCO Income Strategy Fund18.22%$1.5484.57%
EADWells Fargo Advantage Funds - Allspring Income Opportunities Fund18.08%$1.2352.27%
SPESpecial Opportunities Fund, Inc.18.03%$2.6644.19%
AIFApollo Tactical Income Fund Inc.17.93%$2.6660.44%
GABThe Gabelli Equity Trust Inc.17.77%$1.0881.70%
HPFJohn Hancock Preferred Income Fund II17.73%$2.8678.50%
MPVBarings Participation Investors17.65%$2.9395.78%
GBABGuggenheim Taxable Municipal Bond & Investment Grade Debt Trust17.43%$2.5974.37%
TEITempleton Emerging Markets Income Fund17.42%$1.1464.65%
ISDPGIM High Yield Bond Fund, Inc.17.40%$2.5296.64%
HIXWestern Asset High Income Fund II Inc.17.39%$0.7396.11%
NXGNXG NextGen Infrastructure Income Fund17.31%$8.7983.58%
HPIJohn Hancock Preferred Income Fund17.11%$2.7976.40%
RCSPIMCO Strategic Income Fund, Inc.17.08%$1.0075.51%
DUKBDuke Energy Corporation 5.625%16.95%$4.1965.28%
FGBFirst Trust Specialty Finance and Financial Opportunities Fund16.75%$0.7050.91%
RQICohen & Steers Quality Income Realty Fund, Inc.16.75%$1.9287.08%
FPFFirst Trust Intermediate Duration Preferred & Income Fund16.57%$3.0970.83%
EVVEaton Vance Limited Duration Income Fund16.43%$1.6364.70%
AIZNAssurant, Inc. 5.25% Subordinat16.41%$3.2219.47%
NMLNeuberger Berman MLP and Energy Income Fund Inc.16.37%$1.4040.22%
PGPPIMCO Global StocksPLUS & Income Fund16.31%$1.5060.66%
CHWCalamos Global Dynamic Income Fund16.07%$1.2066.54%
BGYBlackRock Enhanced International Dividend Trust15.99%$0.9499.21%
GABBXGabelli Dividend Growth AAA15.98%$2.8540.22%
BDJBlackRock Enhanced Equity Dividend Trust15.90%$1.4972.30%
DSLDoubleLine Income Solutions Fund15.85%$1.7854.50%
PDTJohn Hancock Premium Dividend Fund15.76%$2.0162.66%
TSQTownsquare Media, Inc.15.55%$0.7970.58%
EODWells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund15.39%$0.9052.51%
LGILazard Global Total Return and Income Fund, Inc.15.37%$2.6882.52%
BSTZBlackRock Science and Technology Trust II15.35%$3.5465.39%
FPIFarmland Partners Inc.15.34%$1.4893.00%