DDM Analysis: 601999.SS

Valuation Snapshot

Stable Growth	$1.33 - $1.87	$1.60
Multi-Stage	$2.56 - $2.82	$2.69
Blended Fair Value	$2.14
Current Price	$6.93
Upside	-69.07%
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	-8.74%	5.97%	0.06	0.04	0.06	0.08	0.07	0.10	0.08	0.04	0.04	0.04
YoY Growth	-	-	47.60%	-25.55%	-26.42%	5.02%	-25.45%	25.00%	87.23%	0.36%	9.45%	9.71%
Dividend Yield	-	-	1.00%	0.62%	0.77%	1.16%	1.26%	1.52%	1.14%	0.56%	0.39%	0.39%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	135.28
(-) Cash Dividends Paid (M)	24.75
(=) Cash Retained (M)	110.54

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	27.06	16.91	10.15
Cash Retained (M)	110.54	110.54	110.54
(-) Cash Required (M)	-27.06	-16.91	-10.15
(=) Excess Retained (M)	83.48	93.62	100.39
(/) Shares Outstanding (M)	623.78	623.78	623.78
(=) Excess Retained per Share	0.13	0.15	0.16
LTM Dividend per Share	0.04	0.04	0.04
(+) Excess Retained per Share	0.13	0.15	0.16
(=) Adjusted Dividend	0.17	0.19	0.20
WACC / Discount Rate	8.29%	8.29%	8.29%
Growth Rate	-4.19%	-3.19%	-2.19%
Fair Value	$1.33	$1.60	$1.87
Upside / Downside	-80.78%	-76.91%	-72.98%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	135.28	130.96	126.78	122.73	118.82	115.02	118.47
Payout Ratio	18.29%	32.63%	46.98%	61.32%	75.66%	90.00%	92.50%
Projected Dividends (M)	24.75	42.74	59.56	75.26	89.89	103.52	109.59

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.29%	8.29%	8.29%
Growth Rate	-4.19%	-3.19%	-2.19%
Year 1 PV (M)	39.06	39.47	39.87
Year 2 PV (M)	49.74	50.79	51.84
Year 3 PV (M)	57.45	59.27	61.12
Year 4 PV (M)	62.72	65.38	68.12
Year 5 PV (M)	66.01	69.52	73.19
PV of Terminal Value (M)	1,321.43	1,391.85	1,465.23
Equity Value (M)	1,596.40	1,676.27	1,759.38
Shares Outstanding (M)	623.78	623.78	623.78
Fair Value	$2.56	$2.69	$2.82
Upside / Downside	-63.07%	-61.22%	-59.30%

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

Northern United Publishing & Media (Group) Company Limited (601999.SS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener