DDM Analysis: 000551.SZ

Valuation Snapshot

Stable Growth	$8.87 - $17.39	$12.23
Multi-Stage	$7.59 - $8.31	$7.94
Blended Fair Value	$10.09
Current Price	$11.30
Upside	-10.72%
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	12.18%	2.56%	0.10	0.10	0.05	0.13	0.05	0.05	0.14	0.05	0.05	0.15
YoY Growth	-	-	-7.27%	101.60%	-62.15%	171.70%	-7.59%	-61.53%	154.59%	9.39%	-67.08%	105.46%
Dividend Yield	-	-	0.92%	1.38%	0.60%	1.85%	0.67%	0.88%	2.19%	0.89%	0.58%	2.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	257.50
(-) Cash Dividends Paid (M)	7.03
(=) Cash Retained (M)	250.47

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	51.50	32.19	19.31
Cash Retained (M)	250.47	250.47	250.47
(-) Cash Required (M)	-51.50	-32.19	-19.31
(=) Excess Retained (M)	198.97	218.29	231.16
(/) Shares Outstanding (M)	482.93	482.93	482.93
(=) Excess Retained per Share	0.41	0.45	0.48
LTM Dividend per Share	0.01	0.01	0.01
(+) Excess Retained per Share	0.41	0.45	0.48
(=) Adjusted Dividend	0.43	0.47	0.49
WACC / Discount Rate	9.33%	9.33%	9.33%
Growth Rate	4.31%	5.31%	6.31%
Fair Value	$8.87	$12.23	$17.39
Upside / Downside	-21.50%	8.27%	53.85%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	257.50	271.18	285.58	300.74	316.72	333.54	343.54
Payout Ratio	2.73%	20.18%	37.64%	55.09%	72.55%	90.00%	92.50%
Projected Dividends (M)	7.03	54.73	107.48	165.68	229.76	300.18	317.78

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.33%	9.33%	9.33%
Growth Rate	4.31%	5.31%	6.31%
Year 1 PV (M)	49.59	50.06	50.54
Year 2 PV (M)	88.23	89.93	91.64
Year 3 PV (M)	123.22	126.79	130.44
Year 4 PV (M)	154.81	160.83	167.03
Year 5 PV (M)	183.25	192.20	201.50
PV of Terminal Value (M)	3,066.10	3,215.91	3,371.52
Equity Value (M)	3,665.18	3,835.72	4,012.67
Shares Outstanding (M)	482.93	482.93	482.93
Fair Value	$7.59	$7.94	$8.31
Upside / Downside	-32.84%	-29.71%	-26.47%

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

Create Technology & Science Co.,Ltd. (000551.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener