DDM Analysis: 6416.TW

Valuation Snapshot

Stable Growth	$44.70 - $72.34	$57.13
Multi-Stage	$85.16 - $93.48	$89.24
Blended Fair Value	$73.18
Current Price	$89.80
Upside	-18.50%
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	-2.74%	5.52%	2.80	3.60	1.99	3.63	2.77	3.21	3.27	4.09	3.76	2.45
YoY Growth	-	-	-22.22%	80.39%	-45.11%	31.07%	-13.79%	-1.71%	-20.00%	8.70%	53.33%	50.00%
Dividend Yield	-	-	2.91%	2.79%	1.75%	3.95%	1.94%	2.76%	3.42%	2.73%	3.13%	1.51%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	304.31
(-) Cash Dividends Paid (M)	205.38
(=) Cash Retained (M)	98.93

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	60.86	38.04	22.82
Cash Retained (M)	98.93	98.93	98.93
(-) Cash Required (M)	-60.86	-38.04	-22.82
(=) Excess Retained (M)	38.07	60.89	76.11
(/) Shares Outstanding (M)	73.44	73.44	73.44
(=) Excess Retained per Share	0.52	0.83	1.04
LTM Dividend per Share	2.80	2.80	2.80
(+) Excess Retained per Share	0.52	0.83	1.04
(=) Adjusted Dividend	3.31	3.63	3.83
WACC / Discount Rate	6.85%	6.85%	6.85%
Growth Rate	-0.52%	0.48%	1.48%
Fair Value	$44.70	$57.13	$72.34
Upside / Downside	-50.22%	-36.38%	-19.45%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	304.31	305.75	307.21	308.67	310.14	311.62	320.96
Payout Ratio	67.49%	71.99%	76.49%	81.00%	85.50%	90.00%	92.50%
Projected Dividends (M)	205.38	220.12	235.00	250.01	265.16	280.45	296.89

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.85%	6.85%	6.85%
Growth Rate	-0.52%	0.48%	1.48%
Year 1 PV (M)	203.95	206.00	208.05
Year 2 PV (M)	201.74	205.82	209.94
Year 3 PV (M)	198.87	204.93	211.11
Year 4 PV (M)	195.43	203.41	211.63
Year 5 PV (M)	191.52	201.34	211.56
PV of Terminal Value (M)	5,262.18	5,532.04	5,812.87
Equity Value (M)	6,253.69	6,553.54	6,865.15
Shares Outstanding (M)	73.44	73.44	73.44
Fair Value	$85.16	$89.24	$93.48
Upside / Downside	-5.17%	-0.62%	4.10%

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

CASwell Inc. (6416.TW)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener