DDM Analysis: FCC.MC

Valuation Snapshot

Stable Growth	$86.39 - $101.79	$95.39
Multi-Stage	$37.98 - $41.67	$39.79
Blended Fair Value	$67.59
Current Price	$12.72
Upside	431.38%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	11.21%	38.03%	0.27	0.04	0.16	0.14	0.08	0.16	0.01	0.04	0.03	0.03
YoY Growth	-	-	526.00%	-73.42%	15.88%	72.34%	-48.81%	1,031.13%	-61.58%	41.27%	-22.47%	210.00%
Dividend Yield	-	-	2.63%	0.35%	1.80%	1.29%	0.81%	2.14%	0.12%	0.37%	0.30%	0.44%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	230.92
(-) Cash Dividends Paid (M)	45.28
(=) Cash Retained (M)	185.64

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	46.18	28.86	17.32
Cash Retained (M)	185.64	185.64	185.64
(-) Cash Required (M)	-46.18	-28.86	-17.32
(=) Excess Retained (M)	139.46	156.78	168.32
(/) Shares Outstanding (M)	451.18	451.18	451.18
(=) Excess Retained per Share	0.31	0.35	0.37
LTM Dividend per Share	0.10	0.10	0.10
(+) Excess Retained per Share	0.31	0.35	0.37
(=) Adjusted Dividend	0.41	0.45	0.47
WACC / Discount Rate	4.41%	4.41%	4.41%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$86.39	$95.39	$101.79
Upside / Downside	579.20%	649.92%	700.21%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	230.92	245.93	261.91	278.94	297.07	316.38	325.87
Payout Ratio	19.61%	33.69%	47.76%	61.84%	75.92%	90.00%	92.50%
Projected Dividends (M)	45.28	82.84	125.10	172.50	225.54	284.74	301.43

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	4.41%	4.41%	4.41%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	78.60	79.34	80.09
Year 2 PV (M)	112.60	114.75	116.91
Year 3 PV (M)	147.31	151.54	155.85
Year 4 PV (M)	182.73	189.76	196.99
Year 5 PV (M)	218.87	229.44	240.42
PV of Terminal Value (M)	16,397.45	17,189.45	18,011.76
Equity Value (M)	17,137.57	17,954.29	18,802.02
Shares Outstanding (M)	451.18	451.18	451.18
Fair Value	$37.98	$39.79	$41.67
Upside / Downside	198.62%	212.85%	227.62%

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

Mode

Ticker

Industry

Sector

Fomento de Construcciones y Contratas, S.A. (FCC.MC)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener