DDM Analysis: 084010.KS

Valuation Snapshot

Stable Growth	$171,334.98 - $342,739.97	$321,197.54
Multi-Stage	$52,624.46 - $57,622.46	$55,077.45
Blended Fair Value	$188,137.50
Current Price	$15,710.00
Upside	1,097.57%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	20.94%	14.46%	520.88	864.75	515.27	386.45	268.47	201.36	403.15	443.46	337.87	135.15
YoY Growth	-	-	-39.77%	67.82%	33.33%	43.94%	33.33%	-50.05%	-9.09%	31.25%	150.00%	0.17%
Dividend Yield	-	-	3.37%	6.56%	3.91%	1.87%	1.61%	4.07%	6.80%	4.86%	3.00%	1.31%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	28,862.11
(-) Cash Dividends Paid (M)	8,530.06
(=) Cash Retained (M)	20,332.05

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	5,772.42	3,607.76	2,164.66
Cash Retained (M)	20,332.05	20,332.05	20,332.05
(-) Cash Required (M)	-5,772.42	-3,607.76	-2,164.66
(=) Excess Retained (M)	14,559.63	16,724.29	18,167.39
(/) Shares Outstanding (M)	16.75	16.75	16.75
(=) Excess Retained per Share	869.37	998.63	1,084.80
LTM Dividend per Share	509.34	509.34	509.34
(+) Excess Retained per Share	869.37	998.63	1,084.80
(=) Adjusted Dividend	1,378.72	1,507.97	1,594.14
WACC / Discount Rate	6.35%	6.35%	6.35%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$171,334.98	$321,197.54	$342,739.97
Upside / Downside	990.61%	1,944.54%	2,081.67%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	28,862.11	30,738.15	32,736.13	34,863.97	37,130.13	39,543.59	40,729.90
Payout Ratio	29.55%	41.64%	53.73%	65.82%	77.91%	90.00%	92.50%
Projected Dividends (M)	8,530.06	12,800.48	17,590.01	22,948.10	28,928.42	35,589.23	37,675.16

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.35%	6.35%	6.35%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	11,923.28	12,036.30	12,149.32
Year 2 PV (M)	15,261.79	15,552.48	15,845.92
Year 3 PV (M)	18,546.23	19,078.63	19,621.11
Year 4 PV (M)	21,777.27	22,614.76	23,476.18
Year 5 PV (M)	24,955.53	26,160.90	27,412.39
PV of Terminal Value (M)	788,850.96	826,952.75	866,512.79
Equity Value (M)	881,315.06	922,395.81	965,017.71
Shares Outstanding (M)	16.75	16.75	16.75
Fair Value	$52,624.46	$55,077.45	$57,622.46
Upside / Downside	234.97%	250.59%	266.79%

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

Ticker

Industry

Sector

Daehan Steel Co., Ltd. (084010.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener