DDM Analysis: 0FNZ.L

Valuation Snapshot

Stable Growth	$23.64 - $39.90	$30.75
Multi-Stage	$38.77 - $42.61	$40.65
Blended Fair Value	$35.70
Current Price	$27.10
Upside	31.74%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-7.22%	6.33%	0.55	0.60	0.60	0.60	0.30	0.80	0.75	0.60	0.55	0.45
YoY Growth	-	-	-8.30%	-0.04%	0.00%	100.00%	-62.50%	6.79%	25.00%	9.09%	22.22%	50.98%
Dividend Yield	-	-	2.04%	2.51%	2.13%	1.83%	0.79%	3.90%	2.54%	2.09%	2.51%	2.04%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	54.73
(-) Cash Dividends Paid (M)	13.99
(=) Cash Retained (M)	40.74

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	10.95	6.84	4.10
Cash Retained (M)	40.74	40.74	40.74
(-) Cash Required (M)	-10.95	-6.84	-4.10
(=) Excess Retained (M)	29.79	33.90	36.63
(/) Shares Outstanding (M)	28.00	28.00	28.00
(=) Excess Retained per Share	1.06	1.21	1.31
LTM Dividend per Share	0.50	0.50	0.50
(+) Excess Retained per Share	1.06	1.21	1.31
(=) Adjusted Dividend	1.56	1.71	1.81
WACC / Discount Rate	7.01%	7.01%	7.01%
Growth Rate	0.37%	1.37%	2.37%
Fair Value	$23.64	$30.75	$39.90
Upside / Downside	-12.76%	13.46%	47.24%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	54.73	55.48	56.24	57.01	57.80	58.59	60.35
Payout Ratio	25.56%	38.45%	51.34%	64.23%	77.11%	90.00%	92.50%
Projected Dividends (M)	13.99	21.33	28.87	36.62	44.57	52.73	55.82

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.01%	7.01%	7.01%
Growth Rate	0.37%	1.37%	2.37%
Year 1 PV (M)	19.74	19.93	20.13
Year 2 PV (M)	24.72	25.21	25.71
Year 3 PV (M)	29.00	29.88	30.77
Year 4 PV (M)	32.66	33.99	35.35
Year 5 PV (M)	35.76	37.58	39.47
PV of Terminal Value (M)	943.59	991.54	1,041.42
Equity Value (M)	1,085.47	1,138.13	1,192.85
Shares Outstanding (M)	28.00	28.00	28.00
Fair Value	$38.77	$40.65	$42.61
Upside / Downside	43.07%	50.01%	57.22%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 13 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
CL	Colgate-Palmolive Company	2.88%	$2.24	62.40%
TCBK	TriCo Bancshares	2.87%	$1.35	37.83%
0U6R.L	Bunge Limited	2.86%	$3.05	31.37%
FBMS	The First Bancshares, Inc.	2.86%	$0.97	39.72%
RILYG	B. Riley Financial, Inc. 5.00% Senior Notes due 2026	2.86%	$0.58	56.91%
CNS	Cohen & Steers, Inc.	2.85%	$1.81	56.91%
MRBK	Meridian Corporation	2.85%	$0.49	27.85%
AMGN	Amgen Inc.	2.84%	$9.31	72.03%
BKH	Black Hills Corporation	2.84%	$1.98	50.60%
GABC	German American Bancorp, Inc.	2.84%	$1.11	40.35%
HOMB	Home Bancshares, Inc.	2.84%	$0.79	34.17%
KO	The Coca-Cola Company	2.84%	$1.96	65.04%
SBFG	SB Financial Group, Inc.	2.84%	$0.61	28.02%
TSBK	Timberland Bancorp, Inc.	2.84%	$1.00	27.24%
CATY	Cathay General Bancorp	2.83%	$1.38	31.20%
CWT	California Water Service Group	2.83%	$1.22	53.25%
EBIX	Ebix, Inc.	2.83%	$0.08	46.85%
CMS-PB	Consumers Energy Company	2.82%	$2.17	62.27%
EPRT	Essential Properties Realty Trust, Inc.	2.82%	$0.85	70.58%
GPK	Graphic Packaging Holding Company	2.82%	$0.43	24.85%
VALSX	Value Line Select Growth Fund	2.82%	$0.87	56.29%
CCNE	CNB Financial Corporation	2.81%	$0.72	35.05%
ORRF	Orrstown Financial Services, Inc.	2.81%	$0.98	26.05%
TXNM	TXNM Energy, Inc.	2.80%	$1.65	86.75%
STC	Stewart Information Services Corporation	2.79%	$1.95	54.56%
CVLY	Codorus Valley Bancorp, Inc.	2.77%	$0.67	28.98%
KKRS	KKR Group Finance Co. IX LLC 4.	2.77%	$0.49	7.61%
SHBI	Shore Bancshares, Inc.	2.77%	$0.48	28.28%
HNNA	Hennessy Advisors, Inc.	2.76%	$0.27	21.11%
HONE	HarborOne Bancorp, Inc.	2.76%	$0.33	51.05%
KMT	Kennametal Inc.	2.76%	$0.80	65.12%
PNM	PNM Resources, Inc.	2.76%	$1.12	57.65%
HWC	Hancock Whitney Corporation	2.75%	$1.77	31.35%
YOU	Clear Secure, Inc.	2.75%	$0.95	50.89%
0HE2.L	Ameren Corporation	2.74%	$2.78	53.51%
MTDR	Matador Resources Company	2.74%	$1.19	18.96%
OFG	OFG Bancorp	2.74%	$1.12	25.13%
VLO	Valero Energy Corporation	2.74%	$4.53	93.65%
YORW	The York Water Company	2.73%	$0.87	62.37%
CCZ	Comcast Holdings Corp.	2.72%	$1.63	26.92%
K	Kellanova	2.72%	$2.27	62.18%
ADT	ADT Inc.	2.71%	$0.22	29.95%
AVT	Avnet, Inc.	2.71%	$1.34	48.46%
BKU	BankUnited, Inc.	2.71%	$1.21	34.19%
CNOB	ConnectOne Bancorp, Inc.	2.71%	$0.71	48.64%
GBX	The Greenbrier Companies, Inc.	2.71%	$1.28	19.40%
PBHC	Pathfinder Bancorp, Inc.	2.71%	$0.38	26.39%
TRIN	Trinity Capital Inc.	2.71%	$0.41	20.50%
RILYN	B. Riley Financial, Inc. - 6.50	2.70%	$0.58	56.91%
0L5A.L	Sempra	2.69%	$2.41	72.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Ponsse Oyj (0FNZ.L)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener