DDM Analysis: APA

Valuation Snapshot

Stable Growth	$31.84 - $46.76	$39.02
Multi-Stage	$59.22 - $65.17	$62.14
Blended Fair Value	$50.58
Current Price	$24.28
Upside	108.31%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-1.25%	-0.33%	0.97	0.85	0.57	0.14	0.34	1.03	1.05	1.04	1.04	1.04
YoY Growth	-	-	14.61%	48.79%	298.08%	-57.72%	-67.29%	-1.57%	0.53%	0.26%	0.53%	3.29%
Dividend Yield	-	-	4.61%	2.39%	1.58%	0.35%	1.89%	24.71%	3.00%	2.71%	2.03%	2.12%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,509.00
(-) Cash Dividends Paid (M)	364.00
(=) Cash Retained (M)	1,145.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	301.80	188.63	113.18
Cash Retained (M)	1,145.00	1,145.00	1,145.00
(-) Cash Required (M)	-301.80	-188.63	-113.18
(=) Excess Retained (M)	843.20	956.38	1,031.83
(/) Shares Outstanding (M)	364.00	364.00	364.00
(=) Excess Retained per Share	2.32	2.63	2.83
LTM Dividend per Share	1.00	1.00	1.00
(+) Excess Retained per Share	2.32	2.63	2.83
(=) Adjusted Dividend	3.32	3.63	3.83
WACC / Discount Rate	7.84%	7.84%	7.84%
Growth Rate	-2.33%	-1.33%	-0.33%
Fair Value	$31.84	$39.02	$46.76
Upside / Downside	31.14%	60.69%	92.59%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,509.00	1,488.87	1,469.02	1,449.42	1,430.09	1,411.02	1,453.35
Payout Ratio	24.12%	37.30%	50.47%	63.65%	76.82%	90.00%	92.50%
Projected Dividends (M)	364.00	555.31	741.46	922.54	1,098.66	1,269.92	1,344.35

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.84%	7.84%	7.84%
Growth Rate	-2.33%	-1.33%	-0.33%
Year 1 PV (M)	509.73	514.95	520.16
Year 2 PV (M)	624.72	637.58	650.57
Year 3 PV (M)	713.48	735.62	758.21
Year 4 PV (M)	779.93	812.37	845.81
Year 5 PV (M)	827.50	870.74	915.77
PV of Terminal Value (M)	18,101.74	19,047.63	20,032.65
Equity Value (M)	21,557.10	22,618.89	23,723.18
Shares Outstanding (M)	364.00	364.00	364.00
Fair Value	$59.22	$62.14	$65.17
Upside / Downside	143.92%	155.93%	168.42%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 137 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
600191.SS	Baotou Huazi Industry Co., Ltd	0.06%	$0.01	9.61%
600288.SS	Daheng New Epoch Technology Inc.	0.06%	$0.01	8.37%
600486.SS	Jiangsu Yangnong Chemical Co., Ltd.	0.06%	$0.04	1.25%
600490.SS	Pengxin International Mining Co.,Ltd	0.06%	$0.00	4.03%
600615.SS	Chongqing Fenghwa Group Co., Ltd.	0.06%	$0.01	15.34%
600654.SS	China Security Co., Ltd.	0.06%	$0.00	3.19%
603068.SS	Beken Corporation	0.06%	$0.02	19.57%
603328.SS	Guangdong Ellington Electronics Technology Co.,Ltd	0.06%	$0.01	1.50%
605080.SS	Zhejiang Natural Outdoor Goods Inc.	0.06%	$0.01	0.98%
688017.SS	Leader Harmonious Drive Systems Co., Ltd.	0.06%	$0.12	25.12%
688585.SS	Swancor Advanced Materials Co., Ltd.	0.06%	$0.07	34.27%
688696.SS	Chengdu Xgimi Technology Co.,Ltd.	0.06%	$0.07	1.87%
AAIF.L	abrdn Asian Income Fund Limited	0.06%	$0.16	36.85%
AKSGY.IS	Akis Gayrimenkul Yatirim Ortakligi A.S.	0.06%	$0.00	0.27%
ALTF.TA	Altshuler Shaham Finance Ltd	0.06%	$0.42	73.06%
BAKK.L	Bakkavor Group plc	0.06%	$0.15	87.07%
BLV.L	Belvoir Group PLC	0.06%	$0.17	44.51%
BNZL.L	Bunzl plc	0.06%	$1.26	47.00%
BRIG.L	BlackRock Income and Growth Investment Trust plc	0.06%	$0.14	68.68%
BWY.L	Bellway p.l.c.	0.06%	$1.69	70.03%
CAPD.L	Capital Limited	0.06%	$0.07	24.60%
CASP.L	Caspian Sunrise plc	0.06%	$0.00	25.15%
CSSG.L	Croma Security Solutions Group plc	0.06%	$0.04	46.50%
DNET.JK	PT Indoritel Makmur Internasional Tbk.	0.06%	$5.00	6.08%
DWHA.L	Dewhurst Group Plc	0.06%	$0.36	25.82%
ELSPC.TA	Elspec Engineering Ltd	0.06%	$0.25	80.53%
EPWN.L	Epwin Group Plc	0.06%	$0.07	37.55%
ETGA.TA	ETGA Group Ltd	0.06%	$1.55	89.99%
FIBIH.TA	F.I.B.I. Holdings Ltd	0.06%	$16.92	41.38%
HSL.L	The Henderson Smaller Companies Investment Trust plc	0.06%	$0.50	70.94%
HSX.L	Hiscox Ltd	0.06%	$0.77	20.38%
HVO.L	hVIVO plc	0.06%	$0.00	12.02%
IBT.L	International Biotechnology Trust plc	0.06%	$0.61	57.78%
IDIN.TA	I.D.I. Insurance Company Ltd.	0.06%	$14.75	68.21%
IGG.L	IG Group Holdings plc	0.06%	$0.81	31.08%
IHP.L	IntegraFin Holdings plc	0.06%	$0.21	67.29%
ITRK.L	Intertek Group plc	0.06%	$2.66	64.13%
IVPU.L	Invesco Perpetual Select Trust plc - UK Equity Share Portfolio	0.06%	$0.12	35.31%
JMI.L	JPMorgan UK Smaller Companies Investment Trust Plc	0.06%	$0.16	23.47%
JUGI.L	JPMorgan UK Small Cap Growth & Income Plc	0.06%	$0.20	53.22%
LAAC	Lithium Americas (Argentina) Corp.	0.06%	$0.00	0.02%
LWDB.L	The Law Debenture Corporation p.l.c.	0.06%	$0.66	28.04%
MGRO.JK	PT Mahkota Group Tbk	0.06%	$0.43	7.88%
MTVW.L	Mountview Estates PLC	0.06%	$5.25	42.08%
NAWI.TA	Nawi Brothers Group Ltd	0.06%	$3.28	46.36%
NTN.L	Northern 3 VCT PLC	0.06%	$0.05	76.12%
PSON.L	Pearson plc	0.06%	$0.63	53.29%
RCDO.L	Ricardo plc	0.06%	$0.24	49.35%
RMKE.JK	PT RMK Energy Tbk	0.06%	$3.50	6.74%
SALM.OL	SalMar ASA	0.06%	$0.36	4.26%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

APA Corporation (APA)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener