DDM Analysis: ATRLJ-B.ST

Valuation Snapshot

Stable Growth	$18.93 - $31.02	$24.32
Multi-Stage	$40.72 - $44.81	$42.72
Blended Fair Value	$33.52
Current Price	$31.67
Upside	5.84%
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	-6.91%	1.06%	0.70	1.06	1.04	1.02	1.03	1.00	0.95	0.83	0.75	0.70
YoY Growth	-	-	-33.98%	1.67%	2.66%	-1.39%	2.85%	5.34%	13.88%	11.21%	7.50%	10.83%
Dividend Yield	-	-	2.11%	2.58%	3.08%	2.64%	3.29%	3.23%	2.95%	3.39%	2.75%	2.48%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,075.00
(-) Cash Dividends Paid (M)	448.00
(=) Cash Retained (M)	627.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	215.00	134.38	80.63
Cash Retained (M)	627.00	627.00	627.00
(-) Cash Required (M)	-215.00	-134.38	-80.63
(=) Excess Retained (M)	412.00	492.63	546.38
(/) Shares Outstanding (M)	630.53	630.53	630.53
(=) Excess Retained per Share	0.65	0.78	0.87
LTM Dividend per Share	0.71	0.71	0.71
(+) Excess Retained per Share	0.65	0.78	0.87
(=) Adjusted Dividend	1.36	1.49	1.58
WACC / Discount Rate	6.20%	6.20%	6.20%
Growth Rate	-0.94%	0.06%	1.06%
Fair Value	$18.93	$24.32	$31.02
Upside / Downside	-40.24%	-23.22%	-2.07%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,075.00	1,075.61	1,076.22	1,076.83	1,077.44	1,078.05	1,110.39
Payout Ratio	41.67%	51.34%	61.00%	70.67%	80.33%	90.00%	92.50%
Projected Dividends (M)	448.00	552.21	656.54	760.99	865.56	970.24	1,027.11

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.20%	6.20%	6.20%
Growth Rate	-0.94%	0.06%	1.06%
Year 1 PV (M)	514.80	520.00	525.20
Year 2 PV (M)	570.60	582.18	593.87
Year 3 PV (M)	616.57	635.43	654.67
Year 4 PV (M)	653.78	680.58	708.20
Year 5 PV (M)	683.20	718.39	755.01
PV of Terminal Value (M)	22,636.15	23,802.04	25,015.48
Equity Value (M)	25,675.09	26,938.61	28,252.43
Shares Outstanding (M)	630.53	630.53	630.53
Fair Value	$40.72	$42.72	$44.81
Upside / Downside	28.58%	34.90%	41.48%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 20 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
SMBC	Southern Missouri Bancorp, Inc.	1.61%	$0.94	17.19%
VIRC	Virco Mfg. Corporation	1.61%	$0.10	41.34%
CNO	CNO Financial Group, Inc.	1.60%	$0.67	22.53%
IVT	InvenTrust Properties Corp.	1.60%	$0.45	29.49%
KBR	KBR, Inc.	1.60%	$0.65	21.84%
OBK	Origin Bancorp, Inc.	1.60%	$0.60	31.45%
TNC	Tennant Company	1.60%	$1.18	39.96%
DELL	Dell Technologies Inc.	1.59%	$2.03	27.33%
RVSB	Riverview Bancorp, Inc.	1.59%	$0.08	35.84%
0HPW.L	Broadridge Financial Solutions, Inc.	1.58%	$3.49	44.54%
CCF	Chase Corporation	1.58%	$2.01	57.26%
MSIF	MSC Income Fund, Inc.	1.58%	$0.21	12.72%
PRI	Primerica, Inc.	1.58%	$4.10	18.44%
IEX	IDEX Corporation	1.57%	$2.82	44.28%
LHX	L3Harris Technologies, Inc.	1.57%	$4.79	51.11%
MRO	Marathon Oil Corporation	1.57%	$0.45	19.02%
NEU	NewMarket Corporation	1.57%	$10.82	22.69%
PSMT	PriceSmart, Inc.	1.57%	$1.93	39.29%
TFSL	TFS Financial Corporation	1.57%	$0.21	65.45%
UFPI	UFP Industries, Inc.	1.57%	$1.44	25.79%
0M3Q.L	Zoetis Inc.	1.56%	$1.95	32.55%
0K92.L	Northrop Grumman Corporation	1.55%	$8.80	31.43%
0QZ5.L	Cognizant Technology Solutions Corporation	1.55%	$1.25	28.62%
EMR	Emerson Electric Co.	1.55%	$2.11	51.98%
SYF	Synchrony Financial	1.55%	$1.32	13.96%
TXRH	Texas Roadhouse, Inc.	1.55%	$2.65	40.30%
0HQW.L	C.H. Robinson Worldwide, Inc.	1.54%	$2.48	50.26%
0J76.L	Huntington Ingalls Industries, Inc.	1.54%	$5.36	37.08%
BHE	Benchmark Electronics, Inc.	1.54%	$0.68	65.62%
DPZ	Domino's Pizza, Inc.	1.54%	$6.54	37.90%
GRC	The Gorman-Rupp Company	1.54%	$0.74	38.69%
DFS	Discover Financial Services	1.53%	$3.06	16.08%
SPFI	South Plains Financial, Inc.	1.53%	$0.59	16.67%
JMSB	John Marshall Bancorp, Inc.	1.52%	$0.30	29.07%
0J3H.L	The Hartford Financial Services Group, Inc.	1.51%	$2.06	16.53%
TRV	The Travelers Companies, Inc.	1.51%	$4.29	16.63%
CISMX	Clarkston Partners Fund Institutional Class	1.50%	$0.19	32.74%
FCAP	First Capital, Inc.	1.50%	$0.88	28.53%
MGYR	Magyar Bancorp, Inc.	1.50%	$0.26	22.66%
OBT	Orange County Bancorp, Inc.	1.50%	$0.43	15.62%
OSK	Oshkosh Corporation	1.50%	$1.99	19.24%
SAIC	Science Applications International Corporation	1.50%	$1.51	19.14%
FUL	H.B. Fuller Company	1.49%	$0.90	43.28%
CBNK	Capital Bancorp, Inc.	1.48%	$0.41	14.04%
FRBA	First Bank	1.48%	$0.24	14.40%
ANDE	The Andersons, Inc.	1.47%	$0.78	36.39%
IROQ	IF Bancorp, Inc.	1.47%	$0.40	25.40%
WM	Waste Management, Inc.	1.47%	$3.22	50.78%
ATR	AptarGroup, Inc.	1.45%	$1.78	28.44%
CHX	ChampionX Corporation	1.45%	$0.37	24.70%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Atrium Ljungberg AB (publ) (ATRLJ-B.ST)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener