DDM Analysis: WALL-B.ST

Valuation Snapshot

Stable Growth	$25.92 - $39.72	$32.36
Multi-Stage	$58.94 - $64.99	$61.90
Blended Fair Value	$47.13
Current Price	$43.66
Upside	7.95%
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	-11.79%	-0.27%	0.50	0.61	0.61	0.60	0.25	0.94	0.90	0.86	0.76	0.58
YoY Growth	-	-	-16.96%	-0.25%	1.02%	141.98%	-73.62%	5.32%	4.86%	11.87%	32.18%	11.57%
Dividend Yield	-	-	1.17%	1.20%	1.55%	0.88%	0.42%	1.67%	1.90%	2.26%	2.12%	1.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,874.00
(-) Cash Dividends Paid (M)	326.00
(=) Cash Retained (M)	1,548.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	374.80	234.25	140.55
Cash Retained (M)	1,548.00	1,548.00	1,548.00
(-) Cash Required (M)	-374.80	-234.25	-140.55
(=) Excess Retained (M)	1,173.20	1,313.75	1,407.45
(/) Shares Outstanding (M)	650.16	650.16	650.16
(=) Excess Retained per Share	1.80	2.02	2.16
LTM Dividend per Share	0.50	0.50	0.50
(+) Excess Retained per Share	1.80	2.02	2.16
(=) Adjusted Dividend	2.31	2.52	2.67
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	-2.27%	-1.27%	-0.27%
Fair Value	$25.92	$32.36	$39.72
Upside / Downside	-40.64%	-25.88%	-9.03%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,874.00	1,850.19	1,826.69	1,803.49	1,780.58	1,757.96	1,810.69
Payout Ratio	17.40%	31.92%	46.44%	60.96%	75.48%	90.00%	92.50%
Projected Dividends (M)	326.00	590.52	848.27	1,099.38	1,343.96	1,582.16	1,674.89

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	-2.27%	-1.27%	-0.27%
Year 1 PV (M)	549.25	554.87	560.49
Year 2 PV (M)	733.85	748.95	764.20
Year 3 PV (M)	884.62	912.06	940.05
Year 4 PV (M)	1,005.86	1,047.66	1,090.76
Year 5 PV (M)	1,101.38	1,158.89	1,218.79
PV of Terminal Value (M)	34,047.43	35,825.36	37,676.80
Equity Value (M)	38,322.40	40,247.80	42,251.09
Shares Outstanding (M)	650.16	650.16	650.16
Fair Value	$58.94	$61.90	$64.99
Upside / Downside	35.00%	41.79%	48.84%

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

Wallenstam AB (publ) (WALL-B.ST)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener