DDM Analysis: 0ABX.L

Valuation Snapshot

Stable Growth	$14.14 - $21.28	$17.51
Multi-Stage	$15.22 - $16.63	$15.91
Blended Fair Value	$16.71
Current Price	$19.41
Upside	-13.89%
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	4.42%	11.61%	0.40	0.41	0.63	0.36	0.33	0.32	0.07	0.07	0.05	0.09
YoY Growth	-	-	-2.36%	-35.06%	74.68%	9.12%	2.70%	348.59%	0.00%	45.35%	-46.25%	-31.03%
Dividend Yield	-	-	2.07%	2.42%	3.41%	1.48%	1.67%	1.76%	0.54%	0.57%	0.26%	0.68%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	2,764.00
(-) Cash Dividends Paid (M)	688.00
(=) Cash Retained (M)	2,076.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	552.80	345.50	207.30
Cash Retained (M)	2,076.00	2,076.00	2,076.00
(-) Cash Required (M)	-552.80	-345.50	-207.30
(=) Excess Retained (M)	1,523.20	1,730.50	1,868.70
(/) Shares Outstanding (M)	1,736.13	1,736.13	1,736.13
(=) Excess Retained per Share	0.88	1.00	1.08
LTM Dividend per Share	0.40	0.40	0.40
(+) Excess Retained per Share	0.88	1.00	1.08
(=) Adjusted Dividend	1.27	1.39	1.47
WACC / Discount Rate	11.64%	11.64%	11.64%
Growth Rate	2.42%	3.42%	4.42%
Fair Value	$14.14	$17.51	$21.28
Upside / Downside	-27.16%	-9.77%	9.64%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	2,764.00	2,858.43	2,956.10	3,057.09	3,161.54	3,269.56	3,367.65
Payout Ratio	24.89%	37.91%	50.93%	63.96%	76.98%	90.00%	92.50%
Projected Dividends (M)	688.00	1,083.72	1,505.68	1,955.21	2,433.70	2,942.60	3,115.07

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	11.64%	11.64%	11.64%
Growth Rate	2.42%	3.42%	4.42%
Year 1 PV (M)	961.32	970.71	980.10
Year 2 PV (M)	1,184.78	1,208.03	1,231.50
Year 3 PV (M)	1,364.74	1,405.10	1,446.26
Year 4 PV (M)	1,506.86	1,566.58	1,628.06
Year 5 PV (M)	1,616.18	1,696.64	1,780.27
PV of Terminal Value (M)	19,797.10	20,782.65	21,807.08
Equity Value (M)	26,430.98	27,629.72	28,873.27
Shares Outstanding (M)	1,736.13	1,736.13	1,736.13
Fair Value	$15.22	$15.91	$16.63
Upside / Downside	-21.57%	-18.01%	-14.32%

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

Barrick Gold Corporation (0ABX.L)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener