DDM Analysis: DRD.JO

Valuation Snapshot

Stable Growth	$218.50 - $463.54	$310.22
Multi-Stage	$164.42 - $179.32	$171.74
Blended Fair Value	$240.98
Current Price	$23.74
Upside	915.08%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	-5.25%	49.75%	1.53	2.60	1.83	1.82	2.28	2.01	0.00	0.15	0.18	0.90
YoY Growth	-	-	-41.10%	41.99%	0.39%	-19.91%	13.53%	0.00%	-100.00%	-16.60%	-79.99%	3,227.63%
Dividend Yield	-	-	6.45%	16.42%	9.19%	18.48%	15.26%	7.44%	0.00%	4.11%	4.33%	10.54%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	3,276.75
(-) Cash Dividends Paid (M)	1,335.00
(=) Cash Retained (M)	1,941.75

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	655.35	409.59	245.76
Cash Retained (M)	1,941.75	1,941.75	1,941.75
(-) Cash Required (M)	-655.35	-409.59	-245.76
(=) Excess Retained (M)	1,286.40	1,532.16	1,695.99
(/) Shares Outstanding (M)	281.38	281.38	281.38
(=) Excess Retained per Share	4.57	5.45	6.03
LTM Dividend per Share	4.74	4.74	4.74
(+) Excess Retained per Share	4.57	5.45	6.03
(=) Adjusted Dividend	9.32	10.19	10.77
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$218.50	$310.22	$463.54
Upside / Downside	820.40%	1,206.75%	1,852.57%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	3,276.75	3,489.74	3,716.57	3,958.15	4,215.43	4,489.43	4,624.11
Payout Ratio	40.74%	50.59%	60.44%	70.30%	80.15%	90.00%	92.50%
Projected Dividends (M)	1,335.00	1,765.57	2,246.48	2,782.45	3,378.60	4,040.49	4,277.31

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	1,590.02	1,605.09	1,620.17
Year 2 PV (M)	1,821.96	1,856.66	1,891.69
Year 3 PV (M)	2,032.26	2,090.60	2,150.05
Year 4 PV (M)	2,222.32	2,307.79	2,395.69
Year 5 PV (M)	2,393.44	2,509.04	2,629.07
PV of Terminal Value (M)	36,205.94	37,954.71	39,770.40
Equity Value (M)	46,265.95	48,323.89	50,457.06
Shares Outstanding (M)	281.38	281.38	281.38
Fair Value	$164.42	$171.74	$179.32
Upside / Downside	592.60%	623.41%	655.34%

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

DRDGOLD Limited (DRD.JO)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener