DDM Analysis: 0QPY.L

Valuation Snapshot

Stable Growth	$516.97 - $1,727.63	$844.06
Multi-Stage	$401.62 - $439.20	$420.06
Blended Fair Value	$632.06
Current Price	$256.50
Upside	146.42%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	6.56%	7.22%	4.29	4.58	4.48	3.37	0.00	3.12	2.84	2.51	2.29	2.28
YoY Growth	-	-	-6.53%	2.43%	32.74%	100,700.00%	-99.89%	9.84%	13.01%	9.53%	0.84%	6.59%
Dividend Yield	-	-	1.67%	1.80%	1.67%	0.87%	0.00%	1.80%	1.45%	1.67%	1.66%	1.87%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,141.50
(-) Cash Dividends Paid (M)	530.30
(=) Cash Retained (M)	611.20

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	228.30	142.69	85.61
Cash Retained (M)	611.20	611.20	611.20
(-) Cash Required (M)	-228.30	-142.69	-85.61
(=) Excess Retained (M)	382.90	468.51	525.59
(/) Shares Outstanding (M)	59.78	59.78	59.78
(=) Excess Retained per Share	6.40	7.84	8.79
LTM Dividend per Share	8.87	8.87	8.87
(+) Excess Retained per Share	6.40	7.84	8.79
(=) Adjusted Dividend	15.27	16.71	17.66
WACC / Discount Rate	7.65%	7.65%	7.65%
Growth Rate	4.56%	5.56%	6.56%
Fair Value	$516.97	$844.06	$1,727.63
Upside / Downside	101.55%	229.07%	573.54%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,141.50	1,204.93	1,271.88	1,342.55	1,417.15	1,495.90	1,540.77
Payout Ratio	46.46%	55.17%	63.87%	72.58%	81.29%	90.00%	92.50%
Projected Dividends (M)	530.30	664.70	812.40	974.46	1,152.02	1,346.31	1,425.21

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.65%	7.65%	7.65%
Growth Rate	4.56%	5.56%	6.56%
Year 1 PV (M)	611.64	617.49	623.34
Year 2 PV (M)	687.87	701.09	714.44
Year 3 PV (M)	759.22	781.22	803.63
Year 4 PV (M)	825.91	857.97	890.94
Year 5 PV (M)	888.15	931.45	976.41
PV of Terminal Value (M)	20,237.55	21,224.03	22,248.59
Equity Value (M)	24,010.35	25,113.23	26,257.35
Shares Outstanding (M)	59.78	59.78	59.78
Fair Value	$401.62	$420.06	$439.20
Upside / Downside	56.58%	63.77%	71.23%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 24 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
EXPD	Expeditors International of Washington, Inc.	0.99%	$1.50	24.32%
LISOX	Lazard International Strategic Equity Ptf Open Shares	0.99%	$0.13	36.87%
MXC	Mexco Energy Corporation	0.99%	$0.10	12.25%
NIC	Nicolet Bankshares, Inc.	0.99%	$1.19	12.58%
PAYC	Paycom Software, Inc.	0.99%	$1.51	18.80%
RRC	Range Resources Corporation	0.99%	$0.35	14.60%
WLFC	Willis Lease Finance Corporation	0.99%	$1.32	7.58%
WOR	Worthington Industries, Inc.	0.99%	$0.52	23.95%
CNXN	PC Connection, Inc.	0.98%	$0.56	16.89%
CAT	Caterpillar Inc.	0.97%	$5.78	29.40%
CNK	Cinemark Holdings, Inc.	0.97%	$0.23	18.28%
ECL	Ecolab Inc.	0.97%	$2.54	36.57%
EVR	Evercore Inc.	0.97%	$3.41	27.02%
LSBK	Lake Shore Bancorp, Inc.	0.96%	$0.14	24.34%
0ITL.L	Arthur J. Gallagher & Co.	0.95%	$2.42	39.43%
0IZI.L	W.W. Grainger, Inc.	0.95%	$9.52	26.47%
0L5V.L	The Sherwin-Williams Company	0.95%	$3.11	30.09%
0R2S.L	Stryker Corporation	0.95%	$3.28	43.09%
RRX	Regal Rexnord Corporation	0.95%	$1.39	36.07%
WT	WisdomTree, Inc.	0.95%	$0.12	18.12%
J	Jacobs Solutions Inc.	0.94%	$1.27	53.80%
ORCL	Oracle Corporation	0.94%	$1.84	34.81%
TCBS	Texas Community Bancshares, Inc.	0.94%	$0.17	19.22%
IMKTA	Ingles Markets, Incorporated	0.93%	$0.65	14.68%
ODC	Oil-Dri Corporation of America	0.93%	$0.45	12.28%
PENG	Penguin Solutions, Inc.	0.93%	$0.19	40.17%
SSBK	Southern States Bancshares, Inc.	0.93%	$0.34	9.19%
DAL	Delta Air Lines, Inc.	0.92%	$0.63	8.94%
HIFS	Hingham Institution for Savings	0.92%	$2.49	12.15%
RL	Ralph Lauren Corporation	0.92%	$3.34	24.37%
OPY	Oppenheimer Holdings Inc.	0.91%	$0.66	8.90%
BGC	BGC Group, Inc	0.90%	$0.08	23.56%
CDRE	Cadre Holdings, Inc.	0.90%	$0.37	33.35%
MBNKP	Medallion Bank	0.90%	$0.23	12.50%
JBHT	J.B. Hunt Transport Services, Inc.	0.89%	$1.75	30.14%
NYT	The New York Times Company	0.89%	$0.62	30.32%
RMD	ResMed Inc.	0.89%	$2.18	22.31%
VBFC	Village Bank and Trust Financial Corp.	0.89%	$0.72	15.35%
0I14.L	Cognex Corporation	0.88%	$0.32	49.16%
AR	Antero Resources Corporation	0.88%	$0.30	17.15%
LDOS	Leidos Holdings, Inc.	0.88%	$1.61	14.88%
LMAT	LeMaitre Vascular, Inc.	0.88%	$0.70	32.20%
NNI	Nelnet, Inc.	0.88%	$1.14	9.52%
PFSI	PennyMac Financial Services, Inc.	0.88%	$1.16	12.49%
SMBK	SmartFinancial, Inc.	0.88%	$0.32	11.76%
BYD	Boyd Gaming Corporation	0.87%	$0.75	3.22%
ROST	Ross Stores, Inc.	0.87%	$1.59	24.85%
BBSI	Barrett Business Services, Inc.	0.86%	$0.31	15.02%
BCO	The Brink's Company	0.86%	$1.00	24.81%
HXL	Hexcel Corporation	0.86%	$0.66	77.18%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Sonova Holding AG (0QPY.L)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener