DDM Analysis: 300327.SZ

Valuation Snapshot

Stable Growth	$5.92 - $13.25	$8.57
Multi-Stage	$4.15 - $4.54	$4.35
Blended Fair Value	$6.46
Current Price	$27.22
Upside	-76.28%
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	-7.80%	9.41%	0.20	0.40	0.44	0.40	0.36	0.30	0.28	0.19	0.10	0.07
YoY Growth	-	-	-49.21%	-9.07%	10.41%	11.34%	17.33%	9.99%	41.96%	92.04%	49.19%	-17.50%
Dividend Yield	-	-	0.85%	2.00%	1.07%	0.76%	1.11%	1.36%	1.58%	1.10%	0.47%	0.41%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	101.21
(-) Cash Dividends Paid (M)	1.87
(=) Cash Retained (M)	99.34

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	20.24	12.65	7.59
Cash Retained (M)	99.34	99.34	99.34
(-) Cash Required (M)	-20.24	-12.65	-7.59
(=) Excess Retained (M)	79.10	86.69	91.75
(/) Shares Outstanding (M)	341.50	341.50	341.50
(=) Excess Retained per Share	0.23	0.25	0.27
LTM Dividend per Share	0.01	0.01	0.01
(+) Excess Retained per Share	0.23	0.25	0.27
(=) Adjusted Dividend	0.24	0.26	0.27
WACC / Discount Rate	9.72%	9.72%	9.72%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$5.92	$8.57	$13.25
Upside / Downside	-78.25%	-68.53%	-51.33%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	101.21	107.79	114.79	122.25	130.20	138.66	142.82
Payout Ratio	1.85%	19.48%	37.11%	54.74%	72.37%	90.00%	92.50%
Projected Dividends (M)	1.87	21.00	42.60	66.92	94.23	124.80	132.11

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.72%	9.72%	9.72%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	18.96	19.14	19.31
Year 2 PV (M)	34.72	35.38	36.05
Year 3 PV (M)	49.25	50.66	52.10
Year 4 PV (M)	62.60	65.01	67.48
Year 5 PV (M)	74.85	78.47	82.22
PV of Terminal Value (M)	1,178.40	1,235.31	1,294.41
Equity Value (M)	1,418.77	1,483.96	1,551.58
Shares Outstanding (M)	341.50	341.50	341.50
Fair Value	$4.15	$4.35	$4.54
Upside / Downside	-84.74%	-84.04%	-83.31%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 15 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
0R28.L	Newmont Corporation	2.49%	$1.01	15.53%
ETR	Entergy Corporation	2.49%	$2.34	57.35%
NKE	NIKE, Inc.	2.49%	$1.58	80.59%
OTTR	Otter Tail Corporation	2.49%	$2.03	30.69%
FHN	First Horizon Corporation	2.48%	$0.60	34.42%
PWP	Perella Weinberg Partners	2.48%	$0.44	69.65%
SCS	Steelcase Inc.	2.48%	$0.40	50.05%
PBI	Pitney Bowes Inc.	2.46%	$0.25	61.37%
RBCAA	Republic Bancorp, Inc.	2.45%	$1.67	25.85%
SRCE	1st Source Corporation	2.45%	$1.53	25.20%
TRMK	Trustmark Corporation	2.45%	$0.96	26.11%
VOYA	Voya Financial, Inc.	2.45%	$1.86	29.46%
AWK	American Water Works Company, Inc.	2.44%	$3.18	55.85%
LSTR	Landstar System, Inc.	2.44%	$3.58	90.21%
NGL	NGL Energy Partners LP	2.44%	$0.24	24.52%
TCFC	The Community Financial Corporation	2.44%	$0.66	12.72%
CADE	Cadence Bank	2.43%	$1.05	37.49%
JNJ	Johnson & Johnson	2.43%	$5.04	48.70%
MBCN	Middlefield Banc Corp.	2.43%	$0.83	42.36%
0L7G.L	Snap-on Incorporated	2.42%	$8.43	44.15%
ITW	Illinois Tool Works Inc.	2.42%	$6.04	58.20%
MOFG	MidWestOne Financial Group, Inc.	2.40%	$0.92	32.44%
FFIN	First Financial Bankshares, Inc.	2.39%	$0.72	42.45%
ADP	Automatic Data Processing, Inc.	2.38%	$6.03	59.30%
CAL	Caleres, Inc.	2.38%	$0.29	46.21%
ABM	ABM Industries Incorporated	2.37%	$1.01	54.79%
FUNC	First United Corporation	2.36%	$0.88	22.87%
HON	Honeywell International Inc.	2.36%	$4.63	48.21%
RILYK	B. Riley Financial, Inc. 5.50% Senior Notes Due 2026	2.36%	$0.58	56.91%
CDW	CDW Corporation	2.35%	$3.14	39.31%
CHMG	Chemung Financial Corporation	2.35%	$1.28	46.47%
LZB	La-Z-Boy Incorporated	2.35%	$0.88	40.20%
PKG	Packaging Corporation of America	2.35%	$4.97	50.31%
UNP	Union Pacific Corporation	2.35%	$5.44	45.77%
0K91.L	Northern Trust Corporation	2.34%	$3.20	35.68%
MCD	McDonald's Corporation	2.33%	$7.07	60.14%
MGEE	MGE Energy, Inc.	2.32%	$1.82	49.49%
MZTI	The Marzetti Company	2.32%	$3.82	61.80%
UNM	Unum Group	2.32%	$1.79	33.52%
RILYM	B. Riley Financial, Inc. - 6.37	2.31%	$0.58	56.91%
RILYO	B. Riley Financial, Inc. - 6.75	2.31%	$0.58	56.91%
HONIV	Honeywell International Inc. Common Stock Ex Distribution When Issued	2.30%	$4.63	48.21%
PGR	The Progressive Corporation	2.30%	$4.88	26.80%
WNEB	Western New England Bancorp, Inc.	2.30%	$0.28	43.00%
0R23.L	Halliburton Company	2.29%	$0.68	44.61%
ADS	Bread Financial Holdings, Inc.	2.29%	$1.30	21.08%
HLNE	Hamilton Lane Incorporated	2.29%	$3.13	74.09%
BSVN	Bank7 Corp.	2.28%	$0.94	20.81%
MCBC	Macatawa Bank Corporation	2.28%	$0.34	28.37%
BRKL	Brookline Bancorp, Inc.	2.27%	$0.54	61.06%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Sino Wealth Electronic Ltd. (300327.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener