DDM Analysis: 161890.KS

Valuation Snapshot

Stable Growth	$437,725.41 - $956,238.88	$896,135.87
Multi-Stage	$142,676.37 - $156,251.92	$149,339.09
Blended Fair Value	$522,737.48
Current Price	$77,800.00
Upside	571.90%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	21.32%	25.21%	820.92	578.77	497.79	334.39	319.86	312.39	268.20	263.41	180.55	143.01
YoY Growth	-	-	41.84%	16.27%	48.87%	4.54%	2.39%	16.47%	1.82%	45.90%	26.25%	65.02%
Dividend Yield	-	-	1.31%	1.12%	1.19%	0.77%	0.56%	0.83%	0.33%	0.34%	0.24%	0.18%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	113,505.74
(-) Cash Dividends Paid (M)	25,865.90
(=) Cash Retained (M)	87,639.84

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	22,701.15	14,188.22	8,512.93
Cash Retained (M)	87,639.84	87,639.84	87,639.84
(-) Cash Required (M)	-22,701.15	-14,188.22	-8,512.93
(=) Excess Retained (M)	64,938.69	73,451.62	79,126.91
(/) Shares Outstanding (M)	23.61	23.61	23.61
(=) Excess Retained per Share	2,750.88	3,111.50	3,351.91
LTM Dividend per Share	1,095.71	1,095.71	1,095.71
(+) Excess Retained per Share	2,750.88	3,111.50	3,351.91
(=) Adjusted Dividend	3,846.59	4,207.21	4,447.62
WACC / Discount Rate	6.43%	6.43%	6.43%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$437,725.41	$896,135.87	$956,238.88
Upside / Downside	462.63%	1,051.85%	1,129.10%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	113,505.74	120,883.61	128,741.04	137,109.21	146,021.31	155,512.69	160,178.07
Payout Ratio	22.79%	36.23%	49.67%	63.12%	76.56%	90.00%	92.50%
Projected Dividends (M)	25,865.90	43,796.79	63,949.42	86,536.85	111,790.46	139,961.42	148,164.72

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.43%	6.43%	6.43%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	40,765.52	41,151.92	41,538.32
Year 2 PV (M)	55,403.59	56,458.87	57,524.11
Year 3 PV (M)	69,783.54	71,786.77	73,827.98
Year 4 PV (M)	83,908.75	87,135.64	90,454.73
Year 5 PV (M)	97,782.57	102,505.51	107,409.20
PV of Terminal Value (M)	3,020,445.78	3,166,334.44	3,317,806.60
Equity Value (M)	3,368,089.74	3,525,373.15	3,688,560.94
Shares Outstanding (M)	23.61	23.61	23.61
Fair Value	$142,676.37	$149,339.09	$156,251.92
Upside / Downside	83.39%	91.95%	100.84%

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

Kolmar Korea Co., Ltd. (161890.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener