DDM Analysis: KIND-SDB.ST

Valuation Snapshot

Stable Growth	$4.21 - $7.43	$5.58
Multi-Stage	$4.13 - $4.51	$4.32
Blended Fair Value	$4.95
Current Price	$9.47
Upside	-47.76%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
DPS	-10.04%	14.21%	0.34	0.34	0.34	0.00	0.52	0.58	0.33	0.25	0.22	0.14
YoY Growth	-	-	1.09%	-1.74%	0.00%	-100.00%	-10.43%	77.90%	30.74%	15.63%	50.16%	58.67%
Dividend Yield	-	-	3.72%	3.74%	4.11%	0.00%	17.23%	7.36%	3.34%	3.03%	2.73%	3.12%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	66.40
(-) Cash Dividends Paid (M)	36.80
(=) Cash Retained (M)	29.60

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	13.28	8.30	4.98
Cash Retained (M)	29.60	29.60	29.60
(-) Cash Required (M)	-13.28	-8.30	-4.98
(=) Excess Retained (M)	16.32	21.30	24.62
(/) Shares Outstanding (M)	216.98	216.98	216.98
(=) Excess Retained per Share	0.08	0.10	0.11
LTM Dividend per Share	0.17	0.17	0.17
(+) Excess Retained per Share	0.08	0.10	0.11
(=) Adjusted Dividend	0.24	0.27	0.28
WACC / Discount Rate	9.97%	9.97%	9.97%
Growth Rate	3.93%	4.93%	5.93%
Fair Value	$4.21	$5.58	$7.43
Upside / Downside	-55.50%	-41.11%	-21.58%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	66.40	69.67	73.11	76.71	80.49	84.46	86.99
Payout Ratio	55.42%	62.34%	69.25%	76.17%	83.08%	90.00%	92.50%
Projected Dividends (M)	36.80	43.43	50.63	58.43	66.88	76.01	80.47

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.97%	9.97%	9.97%
Growth Rate	3.93%	4.93%	5.93%
Year 1 PV (M)	39.12	39.50	39.87
Year 2 PV (M)	41.07	41.87	42.67
Year 3 PV (M)	42.69	43.94	45.21
Year 4 PV (M)	44.01	45.73	47.50
Year 5 PV (M)	45.06	47.27	49.57
PV of Terminal Value (M)	684.70	718.29	753.17
Equity Value (M)	896.66	936.59	977.99
Shares Outstanding (M)	216.98	216.98	216.98
Fair Value	$4.13	$4.32	$4.51
Upside / Downside	-56.36%	-54.42%	-52.40%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 14 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
UVSP	Univest Financial Corporation	2.69%	$0.87	28.95%
VBTX	Veritex Holdings, Inc.	2.69%	$0.81	38.53%
CBT	Cabot Corporation	2.68%	$1.80	29.00%
PKOH	Park-Ohio Holdings Corp.	2.68%	$0.56	33.19%
WINA	Winmark Corporation	2.68%	$10.76	96.24%
CHCO	City Holding Company	2.67%	$3.20	36.27%
IDA	IDACORP, Inc.	2.67%	$3.40	58.98%
LFVN	LifeVantage Corporation	2.67%	$0.16	18.67%
MMM	3M Company	2.67%	$4.31	68.77%
MSEX	Middlesex Water Company	2.67%	$1.34	56.69%
ONB	Old National Bancorp	2.67%	$0.60	35.48%
0HQU.L	CF Industries Holdings, Inc.	2.66%	$2.07	24.22%
MGY	Magnolia Oil & Gas Corporation	2.66%	$0.60	32.28%
PEBK	Peoples Bancorp of North Carolina, Inc.	2.66%	$0.95	30.99%
GSBC	Great Southern Bancorp, Inc.	2.65%	$1.63	26.64%
HD	The Home Depot, Inc.	2.65%	$9.15	62.39%
MVBF	MVB Financial Corp.	2.65%	$0.68	27.31%
PPG	PPG Industries, Inc.	2.65%	$2.76	62.85%
TWMIX	American Century Emerging Markets Investor Class	2.64%	$0.40	76.80%
0M2A.L	Adeia Inc.	2.63%	$0.35	53.29%
ALLY	Ally Financial Inc.	2.63%	$1.20	59.56%
FRAF	Franklin Financial Services Corporation	2.63%	$1.28	36.88%
LEA	Lear Corporation	2.63%	$3.12	37.81%
VHI	Valhi, Inc.	2.63%	$0.32	49.46%
FHI	Federated Hermes, Inc.	2.62%	$1.37	27.23%
MKC	McCormick & Company, Incorporated	2.62%	$1.76	61.04%
SLB	SLB N.V.	2.62%	$1.05	42.94%
BAH	Booz Allen Hamilton Holding Corporation	2.61%	$2.22	33.15%
GILD	Gilead Sciences, Inc.	2.61%	$3.18	49.10%
AWR	American States Water Company	2.60%	$1.88	55.89%
CBAN	Colony Bankcorp, Inc.	2.59%	$0.46	28.75%
MDU	MDU Resources Group, Inc.	2.59%	$0.51	62.41%
PLBC	Plumas Bancorp	2.59%	$1.14	27.38%
CRD-A	Crawford & Company	2.58%	$0.28	43.18%
WBS	Webster Financial Corporation	2.57%	$1.64	29.21%
FANG	Diamondback Energy, Inc.	2.56%	$3.90	26.98%
JEF	Jefferies Financial Group Inc.	2.56%	$1.63	49.77%
UNH	UnitedHealth Group Incorporated	2.56%	$8.60	44.61%
DOX	Amdocs Limited	2.55%	$2.04	39.68%
DVN	Devon Energy Corporation	2.55%	$0.96	22.55%
TGNA	TEGNA Inc.	2.55%	$0.49	23.26%
CFFI	C&F Financial Corporation	2.54%	$1.80	22.24%
MTH	Meritage Homes Corporation	2.54%	$1.68	21.92%
DTM	DT Midstream, Inc.	2.52%	$3.04	77.42%
LEVI	Levi Strauss & Co.	2.52%	$0.52	34.78%
NFG	National Fuel Gas Company	2.52%	$2.07	36.34%
AMNB	American National Bankshares Inc.	2.51%	$1.20	48.76%
HIMYX	Pioneer High Income Municipal Fund Class Y	2.51%	$0.14	81.31%
ACNB	ACNB Corporation	2.50%	$1.18	37.66%
FMBH	First Mid Bancshares, Inc.	2.50%	$0.96	26.52%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Kindred Group plc (KIND-SDB.ST)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener