DDM Analysis: 0RSL.L

Valuation Snapshot

Stable Growth	$882.56 - $1,039.81	$974.45
Multi-Stage	$205.01 - $224.64	$214.64
Blended Fair Value	$594.55
Current Price	$180.50
Upside	229.39%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
DPS	20.72%	21.19%	0.74	0.58	0.48	0.31	0.37	0.29	0.27	0.25	0.20	0.14
YoY Growth	-	-	26.64%	22.71%	52.80%	-15.24%	27.39%	7.53%	5.35%	28.31%	37.74%	33.08%
Dividend Yield	-	-	0.48%	0.37%	0.13%	0.18%	0.40%	0.49%	0.52%	0.57%	0.63%	0.90%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	31.79
(-) Cash Dividends Paid (M)	8.46
(=) Cash Retained (M)	23.33

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	6.36	3.97	2.38
Cash Retained (M)	23.33	23.33	23.33
(-) Cash Required (M)	-6.36	-3.97	-2.38
(=) Excess Retained (M)	16.97	19.36	20.95
(/) Shares Outstanding (M)	6.08	6.08	6.08
(=) Excess Retained per Share	2.79	3.18	3.45
LTM Dividend per Share	1.39	1.39	1.39
(+) Excess Retained per Share	2.79	3.18	3.45
(=) Adjusted Dividend	4.18	4.57	4.84
WACC / Discount Rate	5.63%	5.63%	5.63%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$882.56	$974.45	$1,039.81
Upside / Downside	388.95%	439.86%	476.07%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	31.79	33.85	36.05	38.40	40.89	43.55	44.86
Payout Ratio	26.60%	39.28%	51.96%	64.64%	77.32%	90.00%	92.50%
Projected Dividends (M)	8.46	13.30	18.73	24.82	31.62	39.20	41.49

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	5.63%	5.63%	5.63%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	12.47	12.59	12.71
Year 2 PV (M)	16.48	16.79	17.11
Year 3 PV (M)	20.47	21.06	21.66
Year 4 PV (M)	24.46	25.40	26.37
Year 5 PV (M)	28.43	29.81	31.23
PV of Terminal Value (M)	1,144.09	1,199.35	1,256.72
Equity Value (M)	1,246.40	1,304.99	1,365.79
Shares Outstanding (M)	6.08	6.08	6.08
Fair Value	$205.01	$214.64	$224.64
Upside / Downside	13.58%	18.92%	24.46%

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

Esker S.A. (0RSL.L)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener