DDM Analysis: URB-A.CN

Valuation Snapshot

Stable Growth	$375.55 - $459.29	$430.43
Multi-Stage	$77.50 - $84.95	$81.15
Blended Fair Value	$255.79
Current Price	$7.30
Upside	3,403.97%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	7.25%	5.17%	0.12	0.11	0.10	0.10	0.10	0.08	0.12	0.13	0.06	0.07
YoY Growth	-	-	9.09%	5.89%	8.07%	0.52%	13.10%	-30.00%	-3.62%	94.34%	-7.23%	-4.09%
Dividend Yield	-	-	2.07%	2.34%	2.85%	2.42%	3.15%	4.50%	5.27%	4.08%	2.07%	3.66%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	95.60
(-) Cash Dividends Paid (M)	5.38
(=) Cash Retained (M)	90.22

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	19.12	11.95	7.17
Cash Retained (M)	90.22	90.22	90.22
(-) Cash Required (M)	-19.12	-11.95	-7.17
(=) Excess Retained (M)	71.10	78.27	83.05
(/) Shares Outstanding (M)	41.40	41.40	41.40
(=) Excess Retained per Share	1.72	1.89	2.01
LTM Dividend per Share	0.13	0.13	0.13
(+) Excess Retained per Share	1.72	1.89	2.01
(=) Adjusted Dividend	1.85	2.02	2.14
WACC / Discount Rate	6.02%	6.02%	6.02%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$375.55	$430.43	$459.29
Upside / Downside	5,044.54%	5,796.25%	6,191.71%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	95.60	101.81	108.43	115.48	122.99	130.98	134.91
Payout Ratio	5.63%	22.50%	39.38%	56.25%	73.13%	90.00%	92.50%
Projected Dividends (M)	5.38	22.91	42.70	64.96	89.94	117.88	124.79

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.02%	6.02%	6.02%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	21.41	21.61	21.81
Year 2 PV (M)	37.28	37.99	38.70
Year 3 PV (M)	52.99	54.51	56.06
Year 4 PV (M)	68.55	71.19	73.90
Year 5 PV (M)	83.95	88.01	92.22
PV of Terminal Value (M)	2,943.86	3,086.04	3,233.68
Equity Value (M)	3,208.04	3,359.35	3,516.37
Shares Outstanding (M)	41.40	41.40	41.40
Fair Value	$77.50	$81.15	$84.95
Upside / Downside	961.62%	1,011.69%	1,063.65%

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

Urbana Corporation (URB-A.CN)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener