DDM Analysis: MDIA3.SA

Valuation Snapshot

Stable Growth	$208.67 - $398.21	$373.18
Multi-Stage	$61.69 - $67.56	$64.57
Blended Fair Value	$218.87
Current Price	$28.74
Upside	661.57%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	9.80%	6.58%	0.65	0.21	1.93	0.66	0.25	0.41	0.39	0.52	0.41	0.57
YoY Growth	-	-	217.91%	-89.36%	195.15%	161.28%	-38.85%	5.01%	-24.91%	27.87%	-28.98%	65.53%
Dividend Yield	-	-	2.88%	0.55%	7.96%	2.78%	0.91%	1.60%	1.05%	1.19%	1.11%	3.02%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	678.37
(-) Cash Dividends Paid (M)	164.35
(=) Cash Retained (M)	514.02

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	135.67	84.80	50.88
Cash Retained (M)	514.02	514.02	514.02
(-) Cash Required (M)	-135.67	-84.80	-50.88
(=) Excess Retained (M)	378.34	429.22	463.14
(/) Shares Outstanding (M)	338.79	338.79	338.79
(=) Excess Retained per Share	1.12	1.27	1.37
LTM Dividend per Share	0.49	0.49	0.49
(+) Excess Retained per Share	1.12	1.27	1.37
(=) Adjusted Dividend	1.60	1.75	1.85
WACC / Discount Rate	6.31%	6.31%	6.31%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$208.67	$373.18	$398.21
Upside / Downside	626.08%	1,198.46%	1,285.55%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	678.37	722.46	769.42	819.43	872.69	929.42	957.30
Payout Ratio	24.23%	37.38%	50.54%	63.69%	76.85%	90.00%	92.50%
Projected Dividends (M)	164.35	270.07	388.84	521.90	670.63	836.48	885.50

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.31%	6.31%	6.31%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	251.65	254.04	256.42
Year 2 PV (M)	337.62	344.05	350.54
Year 3 PV (M)	422.26	434.38	446.73
Year 4 PV (M)	505.59	525.03	545.03
Year 5 PV (M)	587.63	616.01	645.48
PV of Terminal Value (M)	18,794.45	19,702.23	20,644.75
Equity Value (M)	20,899.19	21,875.74	22,888.95
Shares Outstanding (M)	338.79	338.79	338.79
Fair Value	$61.69	$64.57	$67.56
Upside / Downside	114.64%	124.67%	135.07%

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%

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

M. Dias Branco S.A. Indústria e Comércio de Alimentos (MDIA3.SA)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener