DDM Analysis: 300450.SZ

Valuation Snapshot

Stable Growth	$11.28 - $25.63	$16.40
Multi-Stage	$8.03 - $8.78	$8.40
Blended Fair Value	$12.40
Current Price	$62.22
Upside	-80.07%
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	14.86%	36.84%	0.36	0.54	0.50	0.18	0.11	0.18	0.07	0.03	0.05	0.02
YoY Growth	-	-	-32.88%	7.57%	181.47%	66.10%	-40.77%	178.91%	86.34%	-27.67%	118.84%	39.95%
Dividend Yield	-	-	1.72%	2.16%	1.24%	0.31%	0.22%	0.77%	0.27%	0.15%	0.36%	0.06%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	863.95
(-) Cash Dividends Paid (M)	152.24
(=) Cash Retained (M)	711.70

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	172.79	107.99	64.80
Cash Retained (M)	711.70	711.70	711.70
(-) Cash Required (M)	-172.79	-107.99	-64.80
(=) Excess Retained (M)	538.91	603.71	646.91
(/) Shares Outstanding (M)	1,557.07	1,557.07	1,557.07
(=) Excess Retained per Share	0.35	0.39	0.42
LTM Dividend per Share	0.10	0.10	0.10
(+) Excess Retained per Share	0.35	0.39	0.42
(=) Adjusted Dividend	0.44	0.49	0.51
WACC / Discount Rate	9.65%	9.65%	9.65%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$11.28	$16.40	$25.63
Upside / Downside	-81.88%	-73.64%	-58.81%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	863.95	920.10	979.91	1,043.60	1,111.44	1,183.68	1,219.19
Payout Ratio	17.62%	32.10%	46.57%	61.05%	75.52%	90.00%	92.50%
Projected Dividends (M)	152.24	295.33	456.37	637.11	839.41	1,065.31	1,127.75

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.65%	9.65%	9.65%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	266.80	269.33	271.86
Year 2 PV (M)	372.47	379.56	386.72
Year 3 PV (M)	469.75	483.23	496.97
Year 4 PV (M)	559.12	580.63	602.74
Year 5 PV (M)	641.06	672.02	704.17
PV of Terminal Value (M)	10,201.01	10,693.72	11,205.29
Equity Value (M)	12,510.21	13,078.49	13,667.76
Shares Outstanding (M)	1,557.07	1,557.07	1,557.07
Fair Value	$8.03	$8.40	$8.78
Upside / Downside	-87.09%	-86.50%	-85.89%

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

Wuxi Lead Intelligent Equipment CO.,LTD. (300450.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener