DDM Analysis: ADORFO.BO

Valuation Snapshot

Stable Growth	$332.73 - $1,278.94	$949.55
Multi-Stage	$182.48 - $199.80	$190.98
Blended Fair Value	$570.26
Current Price	$145.00
Upside	293.29%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	27.23%	9.52%	4.99	2.99	2.19	0.00	4.27	1.50	0.00	1.50	1.75	2.00
YoY Growth	-	-	66.67%	36.36%	0.00%	-100.00%	185.33%	0.00%	-100.00%	-14.19%	-12.68%	-0.43%
Dividend Yield	-	-	3.44%	2.82%	3.12%	0.00%	12.00%	2.89%	0.00%	3.16%	3.83%	4.20%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	227.00
(-) Cash Dividends Paid (M)	87.50
(=) Cash Retained (M)	139.50

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	45.40	28.38	17.03
Cash Retained (M)	139.50	139.50	139.50
(-) Cash Required (M)	-45.40	-28.38	-17.03
(=) Excess Retained (M)	94.10	111.13	122.48
(/) Shares Outstanding (M)	35.10	35.10	35.10
(=) Excess Retained per Share	2.68	3.17	3.49
LTM Dividend per Share	2.49	2.49	2.49
(+) Excess Retained per Share	2.68	3.17	3.49
(=) Adjusted Dividend	5.17	5.66	5.98
WACC / Discount Rate	6.54%	6.54%	6.54%
Growth Rate	4.91%	5.91%	6.91%
Fair Value	$332.73	$949.55	$1,278.94
Upside / Downside	129.47%	554.86%	782.03%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	227.00	240.41	254.62	269.66	285.59	302.47	311.54
Payout Ratio	38.55%	48.84%	59.13%	69.42%	79.71%	90.00%	92.50%
Projected Dividends (M)	87.50	117.41	150.55	187.19	227.64	272.22	288.17

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.54%	6.54%	6.54%
Growth Rate	4.91%	5.91%	6.91%
Year 1 PV (M)	109.16	110.20	111.24
Year 2 PV (M)	130.14	132.63	135.15
Year 3 PV (M)	150.45	154.80	159.22
Year 4 PV (M)	170.11	176.69	183.46
Year 5 PV (M)	189.13	198.32	207.86
PV of Terminal Value (M)	5,656.86	5,931.66	6,217.04
Equity Value (M)	6,405.86	6,704.31	7,013.97
Shares Outstanding (M)	35.10	35.10	35.10
Fair Value	$182.48	$190.98	$199.80
Upside / Downside	25.85%	31.71%	37.80%

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

Ador Fontech Limited (ADORFO.BO)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener