DDM Analysis: HIK.L

Valuation Snapshot

Stable Growth	$98.12 - $554.49	$179.30
Multi-Stage	$59.61 - $65.11	$62.31
Blended Fair Value	$120.80
Current Price	$27.30
Upside	342.50%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	12.53%	12.27%	0.78	0.61	0.56	0.54	0.49	0.43	0.38	0.35	0.34	0.29
YoY Growth	-	-	27.74%	9.60%	4.17%	10.09%	12.37%	15.48%	6.33%	2.60%	20.31%	16.36%
Dividend Yield	-	-	3.14%	2.69%	2.98%	1.79%	1.42%	1.65%	1.72%	2.36%	1.48%	0.85%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	656.00
(-) Cash Dividends Paid (M)	336.00
(=) Cash Retained (M)	320.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	131.20	82.00	49.20
Cash Retained (M)	320.00	320.00	320.00
(-) Cash Required (M)	-131.20	-82.00	-49.20
(=) Excess Retained (M)	188.80	238.00	270.80
(/) Shares Outstanding (M)	223.30	223.30	223.30
(=) Excess Retained per Share	0.85	1.07	1.21
LTM Dividend per Share	1.50	1.50	1.50
(+) Excess Retained per Share	0.85	1.07	1.21
(=) Adjusted Dividend	2.35	2.57	2.72
WACC / Discount Rate	8.03%	8.03%	8.03%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$98.12	$179.30	$554.49
Upside / Downside	259.43%	556.77%	1,931.08%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	656.00	698.64	744.05	792.41	843.92	898.78	925.74
Payout Ratio	51.22%	58.98%	66.73%	74.49%	82.24%	90.00%	92.50%
Projected Dividends (M)	336.00	412.03	496.52	590.25	694.07	808.90	856.31

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.03%	8.03%	8.03%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	377.83	381.41	384.99
Year 2 PV (M)	417.52	425.47	433.50
Year 3 PV (M)	455.15	468.21	481.53
Year 4 PV (M)	490.78	509.66	529.07
Year 5 PV (M)	524.51	549.84	576.14
PV of Terminal Value (M)	11,045.70	11,579.21	12,133.14
Equity Value (M)	13,311.49	13,913.81	14,538.38
Shares Outstanding (M)	223.30	223.30	223.30
Fair Value	$59.61	$62.31	$65.11
Upside / Downside	118.36%	128.24%	138.48%

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

Hikma Pharmaceuticals PLC (HIK.L)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener