DDM Analysis: 298690.KS

Valuation Snapshot

Stable Growth	$23,527.40 - $89,390.99	$68,392.95
Multi-Stage	$10,896.59 - $11,932.19	$11,404.87
Blended Fair Value	$39,898.91
Current Price	$2,145.00
Upside	1,760.09%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	10.09%	0.00%	72.06	106.03	81.47	54.80	15.44	44.57	40.32	41.18	42.89	42.89
YoY Growth	-	-	-32.03%	30.14%	48.66%	254.93%	-65.36%	10.55%	-2.08%	-3.99%	0.00%	0.00%
Dividend Yield	-	-	3.52%	3.69%	2.04%	0.93%	0.21%	0.80%	0.49%	0.42%	0.00%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	52,402.00
(-) Cash Dividends Paid (M)	5,741.53
(=) Cash Retained (M)	46,660.47

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	10,480.40	6,550.25	3,930.15
Cash Retained (M)	46,660.47	46,660.47	46,660.47
(-) Cash Required (M)	-10,480.40	-6,550.25	-3,930.15
(=) Excess Retained (M)	36,180.07	40,110.22	42,730.32
(/) Shares Outstanding (M)	116.58	116.58	116.58
(=) Excess Retained per Share	310.34	344.05	366.52
LTM Dividend per Share	49.25	49.25	49.25
(+) Excess Retained per Share	310.34	344.05	366.52
(=) Adjusted Dividend	359.59	393.30	415.77
WACC / Discount Rate	7.11%	7.11%	7.11%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$23,527.40	$68,392.95	$89,390.99
Upside / Downside	996.85%	3,088.48%	4,067.41%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	52,402.00	55,808.13	59,435.66	63,298.98	67,413.41	71,795.28	73,949.14
Payout Ratio	10.96%	26.77%	42.57%	58.38%	74.19%	90.00%	92.50%
Projected Dividends (M)	5,741.53	14,937.25	25,304.15	36,955.64	50,014.91	64,615.75	68,402.96

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.11%	7.11%	7.11%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	13,814.45	13,945.39	14,076.34
Year 2 PV (M)	21,643.01	22,055.25	22,471.38
Year 3 PV (M)	29,232.75	30,071.91	30,926.99
Year 4 PV (M)	36,589.07	37,996.18	39,443.49
Year 5 PV (M)	43,717.29	45,828.85	48,021.23
PV of Terminal Value (M)	1,125,357.84	1,179,713.04	1,236,148.55
Equity Value (M)	1,270,354.40	1,329,610.63	1,391,087.97
Shares Outstanding (M)	116.58	116.58	116.58
Fair Value	$10,896.59	$11,404.87	$11,932.19
Upside / Downside	408.00%	431.70%	456.28%

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

Analysis Mode

Ticker

Industry

Sector

Air Busan Co., Ltd. (298690.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener