DDM Analysis: WRT1V.HE

Valuation Snapshot

Stable Growth	$153.10 - $180.52	$169.11
Multi-Stage	$91.43 - $100.72	$95.98
Blended Fair Value	$132.55
Current Price	$20.04
Upside	561.40%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-7.34%	-0.84%	0.33	0.26	0.24	0.20	0.48	0.48	0.46	0.45	0.42	0.41
YoY Growth	-	-	26.80%	6.99%	20.17%	-58.25%	0.35%	3.65%	3.79%	5.60%	3.31%	14.69%
Dividend Yield	-	-	2.00%	1.82%	2.78%	2.42%	5.39%	7.17%	3.14%	2.48%	2.52%	3.08%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	561.00
(-) Cash Dividends Paid (M)	227.00
(=) Cash Retained (M)	334.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	112.20	70.13	42.08
Cash Retained (M)	334.00	334.00	334.00
(-) Cash Required (M)	-112.20	-70.13	-42.08
(=) Excess Retained (M)	221.80	263.88	291.93
(/) Shares Outstanding (M)	592.41	592.41	592.41
(=) Excess Retained per Share	0.37	0.45	0.49
LTM Dividend per Share	0.38	0.38	0.38
(+) Excess Retained per Share	0.37	0.45	0.49
(=) Adjusted Dividend	0.76	0.83	0.88
WACC / Discount Rate	1.51%	1.51%	1.51%
Growth Rate	1.04%	2.04%	3.04%
Fair Value	$153.10	$169.11	$180.52
Upside / Downside	663.96%	743.85%	800.81%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	561.00	572.46	584.15	596.08	608.25	620.67	639.29
Payout Ratio	40.46%	50.37%	60.28%	70.19%	80.09%	90.00%	92.50%
Projected Dividends (M)	227.00	288.35	352.11	418.36	487.17	558.61	591.35

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	1.51%	1.51%	1.51%
Growth Rate	1.04%	2.04%	3.04%
Year 1 PV (M)	281.27	284.05	286.84
Year 2 PV (M)	335.03	341.70	348.43
Year 3 PV (M)	388.29	399.94	411.81
Year 4 PV (M)	441.05	458.77	477.02
Year 5 PV (M)	493.31	518.21	544.11
PV of Terminal Value (M)	52,222.80	54,858.67	57,599.91
Equity Value (M)	54,161.77	56,861.35	59,668.12
Shares Outstanding (M)	592.41	592.41	592.41
Fair Value	$91.43	$95.98	$100.72
Upside / Downside	356.22%	378.96%	402.60%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 23 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
HUBB	Hubbell Incorporated	1.14%	$5.26	32.54%
MATX	Matson, Inc.	1.14%	$1.42	10.47%
SNX	TD SYNNEX Corporation	1.14%	$1.74	18.66%
ARMK	Aramark	1.13%	$0.42	33.95%
CVLG	Covenant Logistics Group, Inc.	1.13%	$0.25	21.30%
EQT	EQT Corporation	1.13%	$0.61	21.38%
WHD	Cactus, Inc.	1.13%	$0.53	21.20%
CFBK	CF Bankshares Inc.	1.12%	$0.28	10.89%
LII	Lennox International Inc.	1.12%	$5.59	23.57%
ROL	Rollins, Inc.	1.12%	$0.66	61.92%
FELE	Franklin Electric Co., Inc.	1.11%	$1.07	34.36%
GOLF	Acushnet Holdings Corp.	1.11%	$0.91	24.93%
KOP	Koppers Holdings Inc.	1.11%	$0.30	37.27%
MWA	Mueller Water Products, Inc.	1.11%	$0.27	21.86%
RSG	Republic Services, Inc.	1.11%	$2.33	34.47%
0HOU.L	BorgWarner Inc.	1.10%	$0.50	80.60%
0K3H.L	Motorola Solutions, Inc.	1.10%	$4.20	33.55%
FBK	FB Financial Corporation	1.10%	$0.62	32.29%
AGCO	AGCO Corporation	1.09%	$1.16	23.05%
VRE	Veris Residential, Inc.	1.09%	$0.16	26.28%
ALSN	Allison Transmission Holdings, Inc.	1.08%	$1.07	12.88%
CSV	Carriage Services, Inc.	1.08%	$0.45	14.21%
LFUS	Littelfuse, Inc.	1.08%	$2.83	59.57%
OSBC	Old Second Bancorp, Inc.	1.08%	$0.21	15.92%
TPX	Tempur Sealy International, Inc.	1.08%	$0.62	42.01%
WSC	WillScot Holdings Corporation	1.08%	$0.21	17.16%
BVH	Bluegreen Vacations Holding Corporation	1.07%	$0.80	18.69%
HNNAZ	Hennessy Advisors, Inc. 4.875% Notes due 2026	1.07%	$0.27	21.11%
HTB	HomeTrust Bancshares, Inc.	1.07%	$0.46	12.57%
ZBH	Zimmer Biomet Holdings, Inc.	1.07%	$0.96	23.70%
DOV	Dover Corporation	1.05%	$2.06	12.63%
NDAQ	Nasdaq, Inc.	1.05%	$1.01	36.06%
0H9N.L	Aecom	1.04%	$1.00	23.78%
BODY	The Beachbody Company, Inc.	1.04%	$0.10	1.61%
LYTS	LSI Industries Inc.	1.04%	$0.19	24.09%
UNTY	Unity Bancorp, Inc.	1.04%	$0.53	10.03%
CTVA	Corteva, Inc.	1.03%	$0.70	29.41%
TJX	The TJX Companies, Inc.	1.03%	$1.59	35.03%
ABCB	Ameris Bancorp	1.02%	$0.76	13.03%
CRAI	CRA International, Inc.	1.02%	$2.05	23.94%
CTA-PB	E. I. du Pont de Nemours and Company	1.02%	$0.70	29.41%
FNWD	Finward Bancorp	1.02%	$0.36	33.06%
HSII	Heidrick & Struggles International, Inc.	1.02%	$0.60	34.74%
LNG	Cheniere Energy, Inc.	1.02%	$2.02	11.09%
0HTG.L	Cardinal Health, Inc.	1.01%	$2.07	31.03%
0I4X.L	Crown Holdings, Inc.	1.01%	$1.03	12.58%
CMC	Commercial Metals Company	1.01%	$0.72	96.19%
TR	Tootsie Roll Industries, Inc.	1.01%	$0.36	27.67%
KNX	Knight-Swift Transportation Holdings Inc.	1.00%	$0.52	59.68%
PNFP	Pinnacle Financial Partners, Inc.	1.00%	$0.96	11.84%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Wärtsilä Oyj Abp (WRT1V.HE)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener