DDM Analysis: 0HRJ.L

Valuation Snapshot

Stable Growth	$22.38 - $41.20	$30.14
Multi-Stage	$28.81 - $31.59	$30.18
Blended Fair Value	$30.16
Current Price	$35.51
Upside	-15.07%
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	4.04%	3.99%	0.49	0.47	0.45	0.44	0.42	0.40	0.40	0.38	0.36	0.36
YoY Growth	-	-	5.44%	3.52%	1.55%	5.27%	4.46%	1.60%	6.07%	4.12%	-0.87%	9.06%
Dividend Yield	-	-	1.67%	1.27%	1.51%	1.19%	1.31%	2.12%	1.56%	2.02%	2.32%	4.17%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	2,881.00
(-) Cash Dividends Paid (M)	960.00
(=) Cash Retained (M)	1,921.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	576.20	360.13	216.08
Cash Retained (M)	1,921.00	1,921.00	1,921.00
(-) Cash Required (M)	-576.20	-360.13	-216.08
(=) Excess Retained (M)	1,344.80	1,560.88	1,704.93
(/) Shares Outstanding (M)	1,887.25	1,887.25	1,887.25
(=) Excess Retained per Share	0.71	0.83	0.90
LTM Dividend per Share	0.51	0.51	0.51
(+) Excess Retained per Share	0.71	0.83	0.90
(=) Adjusted Dividend	1.22	1.34	1.41
WACC / Discount Rate	7.55%	7.55%	7.55%
Growth Rate	1.99%	2.99%	3.99%
Fair Value	$22.38	$30.14	$41.20
Upside / Downside	-36.96%	-15.12%	16.02%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	2,881.00	2,967.08	3,055.74	3,147.05	3,241.08	3,337.92	3,438.06
Payout Ratio	33.32%	44.66%	55.99%	67.33%	78.66%	90.00%	92.50%
Projected Dividends (M)	960.00	1,325.02	1,711.00	2,118.87	2,549.57	3,004.13	3,180.21

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.55%	7.55%	7.55%
Growth Rate	1.99%	2.99%	3.99%
Year 1 PV (M)	1,220.02	1,231.98	1,243.94
Year 2 PV (M)	1,450.56	1,479.15	1,508.01
Year 3 PV (M)	1,653.99	1,703.12	1,753.22
Year 4 PV (M)	1,832.48	1,905.42	1,980.51
Year 5 PV (M)	1,988.08	2,087.48	2,190.81
PV of Terminal Value (M)	46,232.70	48,544.16	50,947.17
Equity Value (M)	54,377.84	56,951.31	59,623.66
Shares Outstanding (M)	1,887.25	1,887.25	1,887.25
Fair Value	$28.81	$30.18	$31.59
Upside / Downside	-18.86%	-15.02%	-11.03%

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

CSX Corporation (0HRJ.L)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener