DDM Analysis: JRS

Valuation Snapshot

Stable Growth	$7.54 - $10.60	$9.06
Multi-Stage	$16.87 - $18.52	$17.67
Blended Fair Value	$13.37
Current Price	$7.78
Upside	71.84%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-2.20%	-2.59%	0.68	0.68	0.84	0.76	0.76	0.76	0.85	1.00	0.98	0.96
YoY Growth	-	-	0.00%	-18.66%	10.00%	0.00%	0.00%	-10.06%	-15.50%	2.04%	2.08%	8.63%
Dividend Yield	-	-	7.88%	8.70%	11.06%	5.93%	9.00%	7.16%	9.99%	8.90%	9.10%	9.04%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	35.65
(-) Cash Dividends Paid (M)	32.01
(=) Cash Retained (M)	3.64

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	7.13	4.46	2.67
Cash Retained (M)	3.64	3.64	3.64
(-) Cash Required (M)	-7.13	-4.46	-2.67
(=) Excess Retained (M)	-3.49	-0.82	0.97
(/) Shares Outstanding (M)	28.89	28.89	28.89
(=) Excess Retained per Share	-0.12	-0.03	0.03
LTM Dividend per Share	1.11	1.11	1.11
(+) Excess Retained per Share	-0.12	-0.03	0.03
(=) Adjusted Dividend	0.99	1.08	1.14
WACC / Discount Rate	7.90%	7.90%	7.90%
Growth Rate	-4.59%	-3.59%	-2.59%
Fair Value	$7.54	$9.06	$10.60
Upside / Downside	-3.04%	16.49%	36.29%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	35.65	34.37	33.14	31.95	30.81	29.70	30.59
Payout Ratio	89.79%	89.83%	89.87%	89.91%	89.96%	90.00%	92.50%
Projected Dividends (M)	32.01	30.88	29.78	28.73	27.71	26.73	28.30

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.90%	7.90%	7.90%
Growth Rate	-4.59%	-3.59%	-2.59%
Year 1 PV (M)	28.32	28.62	28.91
Year 2 PV (M)	25.05	25.58	26.12
Year 3 PV (M)	22.17	22.87	23.59
Year 4 PV (M)	19.61	20.45	21.31
Year 5 PV (M)	17.35	18.28	19.24
PV of Terminal Value (M)	374.82	394.88	415.79
Equity Value (M)	487.32	510.67	534.96
Shares Outstanding (M)	28.89	28.89	28.89
Fair Value	$16.87	$17.67	$18.52
Upside / Downside	116.80%	127.18%	137.99%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 148 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
002052.SZ	Shenzhen Coship Electronics Co., Ltd.	0.00%	$0.00	0.01%
002192.SZ	YOUNGY Co.,Ltd.	0.00%	$0.00	0.34%
002195.SZ	Shanghai Stonehill Technology Co., Ltd.	0.00%	$0.00	1.04%
002247.SZ	Zhejiang Juli Culture Development Co.,Ltd.	0.00%	$0.00	0.22%
002255.SZ	Suzhou Hailu Heavy Industry Co.,Ltd	0.00%	$0.00	0.03%
002279.SZ	Beijing Join-Cheer Software Co., Ltd.	0.00%	$0.00	0.01%
002406.SZ	Xuchang Yuandong Drive Shaft Co.Ltd	0.00%	$0.00	0.01%
002592.SZ	Nanning Baling Technology Co., Ltd.	0.00%	$0.00	0.00%
002766.SZ	Shenzhen Soling Industrial Co.,Ltd	0.00%	$0.00	0.54%
002835.SZ	Shenzhen TVT Digital Technology Co., Ltd.	0.00%	$0.00	0.09%
014790.KS	Halla Corporation	0.00%	$0.05	0.03%
037270.KS	YG Plus, Inc.	0.00%	$0.00	0.00%
045390.KQ	DAEA TI Co., Ltd.	0.00%	$0.00	0.00%
0486.HK	United Company RUSAL, International Public Joint-Stock Company	0.00%	$0.00	0.00%
0570.HK	China Traditional Chinese Medicine Holdings Co. Limited	0.00%	$0.00	0.00%
071970.KS	HD-Hyundai Marine Engine Co., Ltd.	0.00%	$0.33	0.01%
1225.TW	Formosa Oilseed Processing Co., Ltd.	0.00%	$0.00	0.00%
145270.KS	K-TOP Reits Co.,Ltd.	0.00%	$0.00	0.00%
155900.KS	Badaro No. 19 Ship Investment Company	0.00%	$352.08	53.22%
2364.TW	Twinhead International Corp.	0.00%	$0.00	0.00%
300375.SZ	Tianjin Pengling Group Co.,Ltd	0.00%	$0.00	0.01%
300413.SZ	Mango Excellent Media Co., Ltd.	0.00%	$0.00	0.18%
300499.SZ	Guangzhou Goaland Energy Conservation Tech. Co., Ltd.	0.00%	$0.00	8.22%
300527.SZ	China Harzone Industry Corp., Ltd	0.00%	$0.00	2.70%
300563.SZ	Shenyu Communication Technology Inc.	0.00%	$0.00	0.03%
300578.SZ	BizConf Telecom Co.,Ltd.	0.00%	$0.00	1.02%
300696.SZ	Chengdu ALD Aviation Manufacturing Corporation	0.00%	$0.00	0.46%
300858.SZ	Beijing Scitop Bio-tech Co., Ltd.	0.00%	$0.00	0.03%
300940.SZ	Shen Zhen Australis Electronic Technology Co.,Ltd.	0.00%	$0.00	0.18%
300994.SZ	Joy Kie Corporation Limited.	0.00%	$0.00	0.08%
301019.SZ	Ningbo Color Master Batch Co., Ltd.	0.00%	$0.00	0.00%
32ID.L	Renold PLC	0.00%	$0.00	3.27%
3415.T	TOKYO BASE Co.,Ltd.	0.00%	$0.00	0.00%
3483.TWO	Forcecon Technology Co., Ltd.	0.00%	$0.00	0.00%
4010.SR	Dur Hospitality Company	0.00%	$0.00	0.13%
402340.KS	SK Square Co., Ltd.	0.00%	$13.52	0.03%
4494.T	Vario Secure Inc.	0.00%	$0.02	0.03%
4506.T	Sumitomo Pharma Co., Ltd.	0.00%	$0.01	0.00%
4825.T	Weathernews Inc.	0.00%	$0.11	0.08%
5094.KL	CSC Steel Holdings Berhad	0.00%	$0.00	0.00%
600006.SS	DongFeng Automobile Co. Ltd.	0.00%	$0.00	0.03%
600125.SS	China Railway Tielong Container Logistics Co., Ltd	0.00%	$0.00	0.03%
600518.SS	Kangmei Pharmaceutical Co., Ltd.	0.00%	$0.00	4.51%
600645.SS	Vcanbio Cell & Gene Engineering Corp., Ltd	0.00%	$0.00	0.16%
600666.SS	Aurora Optoelectronics Co.,Ltd.	0.00%	$0.00	0.22%
600776.SS	Eastern Communications Co., Ltd.	0.00%	$0.00	0.02%
6010.SR	The National Agricultural Development Company	0.00%	$0.00	0.02%
601226.SS	Huadian Heavy Industries Co., Ltd.	0.00%	$0.00	0.15%
6028.T	TechnoPro Holdings, Inc.	0.00%	$36.57	23.28%
603020.SS	Apple Flavor & Fragrance Group Co.,Ltd.	0.00%	$0.00	0.09%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Nuveen Real Estate Income Fund (JRS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener