DDM Analysis: SAPR11.SA

Valuation Snapshot

Stable Growth	$226.71 - $267.10	$250.31
Multi-Stage	$78.87 - $86.51	$82.62
Blended Fair Value	$166.47
Current Price	$7.25
Upside	2,196.07%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	0.43%	11.98%	0.25	0.24	0.19	0.17	0.19	0.25	0.19	0.18	0.12	0.12
YoY Growth	-	-	4.55%	24.63%	15.61%	-11.88%	-23.05%	32.24%	6.08%	42.39%	3.28%	47.17%
Dividend Yield	-	-	4.72%	4.96%	6.05%	5.05%	5.63%	6.97%	5.79%	7.51%	5.51%	16.51%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	2,131.11
(-) Cash Dividends Paid (M)	412.74
(=) Cash Retained (M)	1,718.38

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	426.22	266.39	159.83
Cash Retained (M)	1,718.38	1,718.38	1,718.38
(-) Cash Required (M)	-426.22	-266.39	-159.83
(=) Excess Retained (M)	1,292.15	1,451.99	1,558.54
(/) Shares Outstanding (M)	1,586.77	1,586.77	1,586.77
(=) Excess Retained per Share	0.81	0.92	0.98
LTM Dividend per Share	0.26	0.26	0.26
(+) Excess Retained per Share	0.81	0.92	0.98
(=) Adjusted Dividend	1.07	1.18	1.24
WACC / Discount Rate	4.77%	4.77%	4.77%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$226.71	$250.31	$267.10
Upside / Downside	3,027.00%	3,352.57%	3,584.13%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	2,131.11	2,269.63	2,417.16	2,574.28	2,741.60	2,919.81	3,007.40
Payout Ratio	19.37%	33.49%	47.62%	61.75%	75.87%	90.00%	92.50%
Projected Dividends (M)	412.74	760.18	1,151.06	1,589.53	2,080.15	2,627.83	2,781.85

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	4.77%	4.77%	4.77%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	718.73	725.54	732.35
Year 2 PV (M)	1,028.94	1,048.54	1,068.32
Year 3 PV (M)	1,343.41	1,381.97	1,421.27
Year 4 PV (M)	1,662.18	1,726.10	1,791.85
Year 5 PV (M)	1,985.30	2,081.19	2,180.75
PV of Terminal Value (M)	118,413.55	124,132.97	130,071.28
Equity Value (M)	125,152.10	131,096.31	137,265.82
Shares Outstanding (M)	1,586.77	1,586.77	1,586.77
Fair Value	$78.87	$82.62	$86.51
Upside / Downside	987.90%	1,039.57%	1,093.19%

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

Companhia de Saneamento do Paraná - SANEPAR (SAPR11.SA)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener