DDM Analysis: ROTH.PA

Valuation Snapshot

Stable Growth	$347.28 - $1,123.78	$1,053.14
Multi-Stage	$146.35 - $160.27	$153.19
Blended Fair Value	$603.17
Current Price	$46.55
Upside	1,195.74%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
DPS	35.39%	0.00%	2.76	1.77	0.04	0.79	0.72	0.61	0.58	0.47	1.26	0.00
YoY Growth	-	-	56.01%	4,862.06%	-95.50%	10.34%	18.27%	5.59%	21.32%	-62.23%	0.00%	0.00%
Dividend Yield	-	-	7.40%	4.39%	0.14%	3.10%	2.51%	1.90%	2.68%	1.66%	7.30%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	410.80
(-) Cash Dividends Paid (M)	56.31
(=) Cash Retained (M)	354.49

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	82.16	51.35	30.81
Cash Retained (M)	354.49	354.49	354.49
(-) Cash Required (M)	-82.16	-51.35	-30.81
(=) Excess Retained (M)	272.33	303.14	323.68
(/) Shares Outstanding (M)	72.70	72.70	72.70
(=) Excess Retained per Share	3.75	4.17	4.45
LTM Dividend per Share	0.77	0.77	0.77
(+) Excess Retained per Share	3.75	4.17	4.45
(=) Adjusted Dividend	4.52	4.94	5.23
WACC / Discount Rate	6.87%	6.87%	6.87%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$347.28	$1,053.14	$1,123.78
Upside / Downside	646.04%	2,162.39%	2,314.13%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	410.80	437.50	465.94	496.22	528.48	562.83	579.71
Payout Ratio	13.71%	28.97%	44.22%	59.48%	74.74%	90.00%	92.50%
Projected Dividends (M)	56.31	126.73	206.06	295.17	394.99	506.55	536.24

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.87%	6.87%	6.87%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	117.46	118.58	119.69
Year 2 PV (M)	177.04	180.41	183.81
Year 3 PV (M)	235.06	241.80	248.68
Year 4 PV (M)	291.56	302.77	314.30
Year 5 PV (M)	346.57	363.31	380.69
PV of Terminal Value (M)	9,472.07	9,929.57	10,404.59
Equity Value (M)	10,639.75	11,136.44	11,651.76
Shares Outstanding (M)	72.70	72.70	72.70
Fair Value	$146.35	$153.19	$160.27
Upside / Downside	214.40%	229.08%	244.31%

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%

Financials

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Rothschild & Co SCA (ROTH.PA)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener