DDM Analysis: EYAPS.AT

Valuation Snapshot

Stable Growth	$0.78 - $1.00	$0.90
Multi-Stage	$3.64 - $4.09	$3.86
Blended Fair Value	$2.38
Current Price	$3.29
Upside	-27.73%
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	-26.06%	-21.06%	0.03	0.00	0.21	0.22	0.26	0.12	0.21	0.22	0.24	0.23
YoY Growth	-	-	16,366.67%	-99.92%	-2.01%	-16.75%	115.32%	-42.29%	-3.14%	-9.83%	4.11%	-18.94%
Dividend Yield	-	-	0.84%	0.00%	6.50%	4.71%	5.99%	2.55%	4.77%	4.80%	6.97%	7.76%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	10.33
(-) Cash Dividends Paid (M)	1.00
(=) Cash Retained (M)	9.33

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	2.07	1.29	0.77
Cash Retained (M)	9.33	9.33	9.33
(-) Cash Required (M)	-2.07	-1.29	-0.77
(=) Excess Retained (M)	7.26	8.04	8.55
(/) Shares Outstanding (M)	36.59	36.59	36.59
(=) Excess Retained per Share	0.20	0.22	0.23
LTM Dividend per Share	0.03	0.03	0.03
(+) Excess Retained per Share	0.20	0.22	0.23
(=) Adjusted Dividend	0.23	0.25	0.26
WACC / Discount Rate	5.28%	5.28%	5.28%
Growth Rate	-18.46%	-17.46%	-16.46%
Fair Value	$0.78	$0.90	$1.00
Upside / Downside	-76.43%	-72.75%	-69.51%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	10.33	8.52	7.03	5.81	4.79	3.96	4.07
Payout Ratio	9.65%	25.72%	41.79%	57.86%	73.93%	90.00%	92.50%
Projected Dividends (M)	1.00	2.19	2.94	3.36	3.54	3.56	3.77

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	5.28%	5.28%	5.28%
Growth Rate	-18.46%	-17.46%	-16.46%
Year 1 PV (M)	2.06	2.08	2.11
Year 2 PV (M)	2.59	2.65	2.72
Year 3 PV (M)	2.78	2.88	2.98
Year 4 PV (M)	2.75	2.88	3.03
Year 5 PV (M)	2.59	2.75	2.92
PV of Terminal Value (M)	120.37	127.94	135.88
Equity Value (M)	133.13	141.19	149.64
Shares Outstanding (M)	36.59	36.59	36.59
Fair Value	$3.64	$3.86	$4.09
Upside / Downside	10.60%	17.29%	24.31%

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

Thessaloniki Water Supply & Sewerage Co S.A. (EYAPS.AT)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener