DDM Analysis: 300300.SZ

Valuation Snapshot

Stable Growth	$0.65 - $0.99	$0.81
Multi-Stage	$1.47 - $1.61	$1.54
Blended Fair Value	$1.17
Current Price	$4.94
Upside	-76.25%
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	5.22%	18.33%	0.10	0.06	0.05	0.04	0.05	0.08	0.06	0.06	0.09	0.05
YoY Growth	-	-	55.85%	35.12%	3.93%	-4.85%	-38.07%	25.21%	7.48%	-39.36%	75.27%	191.68%
Dividend Yield	-	-	3.35%	1.99%	0.95%	0.77%	1.22%	0.90%	0.47%	0.42%	0.70%	0.28%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	40.48
(-) Cash Dividends Paid (M)	34.29
(=) Cash Retained (M)	6.19

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	8.10	5.06	3.04
Cash Retained (M)	6.19	6.19	6.19
(-) Cash Required (M)	-8.10	-5.06	-3.04
(=) Excess Retained (M)	-1.91	1.13	3.15
(/) Shares Outstanding (M)	567.17	567.17	567.17
(=) Excess Retained per Share	0.00	0.00	0.01
LTM Dividend per Share	0.06	0.06	0.06
(+) Excess Retained per Share	0.00	0.00	0.01
(=) Adjusted Dividend	0.06	0.06	0.07
WACC / Discount Rate	6.65%	6.65%	6.65%
Growth Rate	-2.00%	-1.00%	0.00%
Fair Value	$0.65	$0.81	$0.99
Upside / Downside	-86.90%	-83.63%	-79.89%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	40.48	40.07	39.67	39.28	38.88	38.50	39.65
Payout Ratio	84.72%	85.77%	86.83%	87.89%	88.94%	90.00%	92.50%
Projected Dividends (M)	34.29	34.37	34.45	34.52	34.59	34.65	36.68

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.65%	6.65%	6.65%
Growth Rate	-2.00%	-1.00%	0.00%
Year 1 PV (M)	31.91	32.23	32.56
Year 2 PV (M)	29.68	30.29	30.90
Year 3 PV (M)	27.61	28.46	29.33
Year 4 PV (M)	25.67	26.74	27.83
Year 5 PV (M)	23.87	25.11	26.41
PV of Terminal Value (M)	693.12	729.22	766.80
Equity Value (M)	831.86	872.05	913.83
Shares Outstanding (M)	567.17	567.17	567.17
Fair Value	$1.47	$1.54	$1.61
Upside / Downside	-70.31%	-68.88%	-67.38%

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

Strait Innovation Internet Co., Ltd. (300300.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener