DDM Analysis: ATRLJ-B.ST

Valuation Snapshot

Stable Growth	$18.93 - $31.02	$24.32
Multi-Stage	$40.72 - $44.81	$42.72
Blended Fair Value	$33.52
Current Price	$31.67
Upside	5.84%
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	-6.91%	1.06%	0.70	1.06	1.04	1.02	1.03	1.00	0.95	0.83	0.75	0.70
YoY Growth	-	-	-33.98%	1.67%	2.66%	-1.39%	2.85%	5.34%	13.88%	11.21%	7.50%	10.83%
Dividend Yield	-	-	2.11%	2.58%	3.08%	2.64%	3.29%	3.23%	2.95%	3.39%	2.75%	2.48%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,075.00
(-) Cash Dividends Paid (M)	448.00
(=) Cash Retained (M)	627.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	215.00	134.38	80.63
Cash Retained (M)	627.00	627.00	627.00
(-) Cash Required (M)	-215.00	-134.38	-80.63
(=) Excess Retained (M)	412.00	492.63	546.38
(/) Shares Outstanding (M)	630.53	630.53	630.53
(=) Excess Retained per Share	0.65	0.78	0.87
LTM Dividend per Share	0.71	0.71	0.71
(+) Excess Retained per Share	0.65	0.78	0.87
(=) Adjusted Dividend	1.36	1.49	1.58
WACC / Discount Rate	6.20%	6.20%	6.20%
Growth Rate	-0.94%	0.06%	1.06%
Fair Value	$18.93	$24.32	$31.02
Upside / Downside	-40.24%	-23.22%	-2.07%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,075.00	1,075.61	1,076.22	1,076.83	1,077.44	1,078.05	1,110.39
Payout Ratio	41.67%	51.34%	61.00%	70.67%	80.33%	90.00%	92.50%
Projected Dividends (M)	448.00	552.21	656.54	760.99	865.56	970.24	1,027.11

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.20%	6.20%	6.20%
Growth Rate	-0.94%	0.06%	1.06%
Year 1 PV (M)	514.80	520.00	525.20
Year 2 PV (M)	570.60	582.18	593.87
Year 3 PV (M)	616.57	635.43	654.67
Year 4 PV (M)	653.78	680.58	708.20
Year 5 PV (M)	683.20	718.39	755.01
PV of Terminal Value (M)	22,636.06	23,801.95	25,015.39
Equity Value (M)	25,675.00	26,938.52	28,252.33
Shares Outstanding (M)	630.53	630.53	630.53
Fair Value	$40.72	$42.72	$44.81
Upside / Downside	28.58%	34.90%	41.48%

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

Analysis Mode

Ticker

Industry

Sector

Atrium Ljungberg AB (publ) (ATRLJ-B.ST)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener