DDM Analysis: 017900.KS

Valuation Snapshot

Stable Growth	$582.80 - $853.14	$713.13
Multi-Stage	$1,206.68 - $1,325.74	$1,265.05
Blended Fair Value	$989.09
Current Price	$2,010.00
Upside	-50.79%
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	-0.78%	0.00%	49.55	49.55	49.55	0.00	50.54	51.52	51.52	0.00	0.00	0.00
YoY Growth	-	-	0.00%	0.00%	0.00%	-100.00%	-1.91%	0.00%	0.00%	0.00%	0.00%	0.00%
Dividend Yield	-	-	2.91%	2.17%	2.17%	0.00%	2.13%	3.49%	1.97%	0.00%	0.00%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	3,927.62
(-) Cash Dividends Paid (M)	2,518.19
(=) Cash Retained (M)	1,409.44

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	785.52	490.95	294.57
Cash Retained (M)	1,409.44	1,409.44	1,409.44
(-) Cash Required (M)	-785.52	-490.95	-294.57
(=) Excess Retained (M)	623.91	918.48	1,114.86
(/) Shares Outstanding (M)	50.82	50.82	50.82
(=) Excess Retained per Share	12.28	18.07	21.94
LTM Dividend per Share	49.55	49.55	49.55
(+) Excess Retained per Share	12.28	18.07	21.94
(=) Adjusted Dividend	61.83	67.63	71.49
WACC / Discount Rate	7.54%	7.54%	7.54%
Growth Rate	-2.78%	-1.78%	-0.78%
Fair Value	$582.80	$713.13	$853.14
Upside / Downside	-71.01%	-64.52%	-57.56%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	3,927.62	3,857.88	3,789.37	3,722.07	3,655.98	3,591.05	3,698.78
Payout Ratio	64.11%	69.29%	74.47%	79.65%	84.82%	90.00%	92.50%
Projected Dividends (M)	2,518.19	2,673.19	2,821.90	2,964.48	3,101.11	3,231.95	3,421.37

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.54%	7.54%	7.54%
Growth Rate	-2.78%	-1.78%	-0.78%
Year 1 PV (M)	2,460.49	2,485.79	2,511.10
Year 2 PV (M)	2,390.69	2,440.12	2,490.06
Year 3 PV (M)	2,311.64	2,383.71	2,457.26
Year 4 PV (M)	2,225.77	2,318.76	2,414.64
Year 5 PV (M)	2,135.10	2,247.19	2,363.93
PV of Terminal Value (M)	49,798.61	52,412.86	55,135.76
Equity Value (M)	61,322.30	64,288.43	67,372.75
Shares Outstanding (M)	50.82	50.82	50.82
Fair Value	$1,206.68	$1,265.05	$1,325.74
Upside / Downside	-39.97%	-37.06%	-34.04%

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

Periods / Units / Analysis

Fundamentals

Valuations

Mode

Miscellaneous

Ticker

Industry

Sector

AUK Corp. (017900.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener