DDM Analysis: FEVR.L

Valuation Snapshot

Stable Growth	$3.17 - $4.67	$3.89
Multi-Stage	$4.82 - $5.26	$5.03
Blended Fair Value	$4.46
Current Price	$9.34
Upside	-52.23%
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	1.72%	0.00%	0.17	0.16	0.58	0.16	0.15	0.15	0.12	0.08	0.04	0.01
YoY Growth	-	-	2.62%	-72.24%	273.91%	3.37%	-1.11%	31.15%	54.27%	101.04%	255.56%	0.00%
Dividend Yield	-	-	2.45%	1.54%	5.63%	0.57%	0.59%	0.73%	0.53%	0.33%	0.33%	0.18%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	47.10
(-) Cash Dividends Paid (M)	40.00
(=) Cash Retained (M)	7.10

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	9.42	5.89	3.53
Cash Retained (M)	7.10	7.10	7.10
(-) Cash Required (M)	-9.42	-5.89	-3.53
(=) Excess Retained (M)	-2.32	1.21	3.57
(/) Shares Outstanding (M)	118.54	118.54	118.54
(=) Excess Retained per Share	-0.02	0.01	0.03
LTM Dividend per Share	0.34	0.34	0.34
(+) Excess Retained per Share	-0.02	0.01	0.03
(=) Adjusted Dividend	0.32	0.35	0.37
WACC / Discount Rate	9.72%	9.72%	9.72%
Growth Rate	-0.28%	0.72%	1.72%
Fair Value	$3.17	$3.89	$4.67
Upside / Downside	-66.06%	-58.34%	-49.96%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	47.10	47.44	47.78	48.12	48.47	48.81	50.28
Payout Ratio	84.93%	85.94%	86.96%	87.97%	88.99%	90.00%	92.50%
Projected Dividends (M)	40.00	40.77	41.55	42.33	43.13	43.93	46.51

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.72%	9.72%	9.72%
Growth Rate	-0.28%	0.72%	1.72%
Year 1 PV (M)	36.79	37.16	37.53
Year 2 PV (M)	33.83	34.51	35.20
Year 3 PV (M)	31.11	32.05	33.02
Year 4 PV (M)	28.60	29.76	30.96
Year 5 PV (M)	26.29	27.63	29.03
PV of Terminal Value (M)	414.29	435.49	457.54
Equity Value (M)	570.90	596.60	623.28
Shares Outstanding (M)	118.54	118.54	118.54
Fair Value	$4.82	$5.03	$5.26
Upside / Downside	-48.44%	-46.12%	-43.71%

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

Fevertree Drinks PLC (FEVR.L)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener