DDM Analysis: NDA.DE

Valuation Snapshot

Stable Growth	$147.15 - $243.88	$189.94
Multi-Stage	$149.15 - $163.24	$156.06
Blended Fair Value	$173.00
Current Price	$106.20
Upside	62.90%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	3.27%	3.56%	1.51	1.40	1.80	1.60	1.30	1.29	1.60	1.52	1.32	1.42
YoY Growth	-	-	7.86%	-22.13%	12.50%	23.08%	1.00%	-19.35%	4.70%	15.34%	-6.60%	32.87%
Dividend Yield	-	-	1.42%	1.83%	2.42%	2.10%	1.48%	2.02%	2.92%	3.57%	1.68%	2.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	539.00
(-) Cash Dividends Paid (M)	66.00
(=) Cash Retained (M)	473.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	107.80	67.38	40.43
Cash Retained (M)	473.00	473.00	473.00
(-) Cash Required (M)	-107.80	-67.38	-40.43
(=) Excess Retained (M)	365.20	405.63	432.58
(/) Shares Outstanding (M)	43.65	43.65	43.65
(=) Excess Retained per Share	8.37	9.29	9.91
LTM Dividend per Share	1.51	1.51	1.51
(+) Excess Retained per Share	8.37	9.29	9.91
(=) Adjusted Dividend	9.88	10.81	11.42
WACC / Discount Rate	10.08%	10.08%	10.08%
Growth Rate	3.15%	4.15%	5.15%
Fair Value	$147.15	$189.94	$243.88
Upside / Downside	38.56%	78.85%	129.64%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	539.00	561.38	584.69	608.96	634.25	660.58	680.40
Payout Ratio	12.24%	27.80%	43.35%	58.90%	74.45%	90.00%	92.50%
Projected Dividends (M)	66.00	156.04	253.44	358.67	472.19	594.52	629.37

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	10.08%	10.08%	10.08%
Growth Rate	3.15%	4.15%	5.15%
Year 1 PV (M)	140.39	141.76	143.12
Year 2 PV (M)	205.17	209.16	213.20
Year 3 PV (M)	261.23	268.91	276.73
Year 4 PV (M)	309.43	321.61	334.14
Year 5 PV (M)	350.54	367.86	385.86
PV of Terminal Value (M)	5,243.36	5,502.50	5,771.77
Equity Value (M)	6,510.13	6,811.79	7,124.82
Shares Outstanding (M)	43.65	43.65	43.65
Fair Value	$149.15	$156.06	$163.24
Upside / Downside	40.45%	46.95%	53.71%

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

Aurubis AG (NDA.DE)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener