DDM Analysis: 002017.SZ

Valuation Snapshot

Stable Growth	$5.60 - $11.37	$7.82
Multi-Stage	$4.35 - $4.73	$4.54
Blended Fair Value	$6.18
Current Price	$22.94
Upside	-73.06%
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	42.90%	13.03%	0.15	0.08	0.04	0.02	0.02	0.03	0.02	0.02	0.03	0.04
YoY Growth	-	-	96.09%	90.23%	69.20%	-2.15%	-3.50%	24.16%	-18.17%	-2.49%	-28.02%	-19.88%
Dividend Yield	-	-	1.52%	0.80%	0.34%	0.24%	0.30%	0.28%	0.15%	0.44%	0.30%	0.37%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	183.32
(-) Cash Dividends Paid (M)	93.88
(=) Cash Retained (M)	89.45

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	36.66	22.92	13.75
Cash Retained (M)	89.45	89.45	89.45
(-) Cash Required (M)	-36.66	-22.92	-13.75
(=) Excess Retained (M)	52.78	66.53	75.70
(/) Shares Outstanding (M)	580.29	580.29	580.29
(=) Excess Retained per Share	0.09	0.11	0.13
LTM Dividend per Share	0.16	0.16	0.16
(+) Excess Retained per Share	0.09	0.11	0.13
(=) Adjusted Dividend	0.25	0.28	0.29
WACC / Discount Rate	10.26%	10.26%	10.26%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$5.60	$7.82	$11.37
Upside / Downside	-75.60%	-65.91%	-50.46%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	183.32	195.24	207.93	221.45	235.84	251.17	258.70
Payout Ratio	51.21%	58.97%	66.72%	74.48%	82.24%	90.00%	92.50%
Projected Dividends (M)	93.88	115.13	138.74	164.94	193.96	226.05	239.30

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	10.26%	10.26%	10.26%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	103.43	104.41	105.39
Year 2 PV (M)	111.98	114.11	116.27
Year 3 PV (M)	119.60	123.03	126.53
Year 4 PV (M)	126.35	131.21	136.21
Year 5 PV (M)	132.30	138.69	145.32
PV of Terminal Value (M)	1,928.01	2,021.14	2,117.82
Equity Value (M)	2,521.67	2,632.59	2,747.54
Shares Outstanding (M)	580.29	580.29	580.29
Fair Value	$4.35	$4.54	$4.73
Upside / Downside	-81.06%	-80.22%	-79.36%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 21 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
GATX	GATX Corporation	1.45%	$2.47	28.36%
SF	Stifel Financial Corp.	1.45%	$1.86	30.82%
0HFN.L	Analog Devices, Inc.	1.44%	$3.90	84.88%
HAYN	Haynes International, Inc.	1.44%	$0.88	30.16%
0I58.L	Cummins Inc.	1.43%	$7.42	38.53%
0HRJ.L	CSX Corporation	1.42%	$0.51	33.32%
OLED	Universal Display Corporation	1.42%	$1.73	37.24%
BBW	Build-A-Bear Workshop, Inc.	1.41%	$0.86	19.50%
LBC	Luther Burbank Corporation	1.41%	$0.13	17.07%
SNDR	Schneider National, Inc.	1.41%	$0.38	58.72%
0R13.L	Church & Dwight Co., Inc.	1.40%	$1.16	36.55%
COHN	Cohen & Company Inc.	1.40%	$0.35	48.05%
HLI	Houlihan Lokey, Inc.	1.40%	$2.48	39.81%
PATK	Patrick Industries, Inc.	1.40%	$1.54	44.05%
CXT	Crane NXT, Co.	1.39%	$0.66	24.82%
ESBA	Empire State Realty OP, L.P.	1.39%	$0.09	49.94%
MMS	Maximus, Inc.	1.39%	$1.21	21.54%
WYNN	Wynn Resorts, Limited	1.39%	$1.70	34.98%
ATEN	A10 Networks, Inc.	1.38%	$0.24	34.61%
HYAC	Haymaker Acquisition Corp. III	1.38%	$0.16	37.41%
ISTR	Investar Holding Corporation	1.38%	$0.36	18.11%
MCY	Mercury General Corporation	1.38%	$1.27	16.00%
ACU	Acme United Corporation	1.37%	$0.55	28.31%
DE	Deere & Company	1.36%	$6.34	34.22%
HYAC-UN	Haymaker Acquisition Corp. 4	1.36%	$0.16	37.41%
RTX	RTX Corporation	1.36%	$2.56	52.52%
0HIN.L	Assurant, Inc.	1.35%	$3.22	19.47%
AL	Air Lease Corporation	1.35%	$0.86	9.51%
BGCP	BGC Partners, Inc.	1.34%	$0.06	11.88%
ESRT	Empire State Realty Trust, Inc.	1.34%	$0.09	49.94%
HUM	Humana Inc.	1.34%	$3.55	33.23%
ZEUS	Olympic Steel, Inc.	1.34%	$0.59	50.16%
0K9L.L	Nucor Corporation	1.33%	$2.22	31.04%
BY	Byline Bancorp, Inc.	1.33%	$0.39	13.97%
LPX	Louisiana-Pacific Corporation	1.33%	$1.09	35.19%
OPOF	Old Point Financial Corporation	1.33%	$0.56	32.91%
WSM	Williams-Sonoma, Inc.	1.33%	$2.50	27.85%
RUSHA	Rush Enterprises, Inc.	1.32%	$0.71	21.15%
VLEOX	Value Line Small Cap Opportunities Fund, Inc. Investor Class	1.32%	$0.79	56.29%
0IW7.L	Global Payments Inc.	1.31%	$1.01	13.82%
APO	Apollo Global Management, Inc.	1.31%	$1.92	27.59%
EMP	Entergy Mississippi, Inc. 1M BD 66	1.31%	$0.27	6.72%
NDSN	Nordson Corporation	1.31%	$3.15	36.67%
ROK	Rockwell Automation, Inc.	1.31%	$5.23	68.01%
UMBF	UMB Financial Corporation	1.31%	$1.52	18.87%
0L3I.L	The Charles Schwab Corporation	1.30%	$1.29	28.42%
0R2X.L	Corning Incorporated	1.30%	$1.15	72.69%
EBAY	eBay Inc.	1.30%	$1.13	24.20%
GGG	Graco Inc.	1.30%	$1.07	36.31%
HES	Hess Corporation	1.30%	$1.94	26.90%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Eastcompeace Technology Co.,ltd (002017.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener