DDM Analysis: 085370.KQ

Valuation Snapshot

Stable Growth	$21,102.67 - $45,704.34	$30,181.40
Multi-Stage	$15,513.28 - $16,933.25	$16,210.46
Blended Fair Value	$23,195.93
Current Price	$36,400.00
Upside	-36.27%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
DPS	42.51%	0.00%	190.00	0.00	4.34	5.84	28.05	32.33	20.21	9.48	0.00	0.00
YoY Growth	-	-	0.00%	-100.00%	-25.82%	-79.17%	-13.22%	59.92%	113.18%	0.00%	0.00%	0.00%
Dividend Yield	-	-	0.75%	0.00%	0.02%	0.03%	0.14%	0.16%	0.10%	0.05%	0.00%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	28,696.95
(-) Cash Dividends Paid (M)	8,264.27
(=) Cash Retained (M)	20,432.68

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	5,739.39	3,587.12	2,152.27
Cash Retained (M)	20,432.68	20,432.68	20,432.68
(-) Cash Required (M)	-5,739.39	-3,587.12	-2,152.27
(=) Excess Retained (M)	14,693.29	16,845.56	18,280.40
(/) Shares Outstanding (M)	26.17	26.17	26.17
(=) Excess Retained per Share	561.47	643.72	698.55
LTM Dividend per Share	315.80	315.80	315.80
(+) Excess Retained per Share	561.47	643.72	698.55
(=) Adjusted Dividend	877.28	959.52	1,014.35
WACC / Discount Rate	9.89%	9.89%	9.89%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$21,102.67	$30,181.40	$45,704.34
Upside / Downside	-42.03%	-17.08%	25.56%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	28,696.95	30,562.25	32,548.79	34,664.47	36,917.66	39,317.30	40,496.82
Payout Ratio	28.80%	41.04%	53.28%	65.52%	77.76%	90.00%	92.50%
Projected Dividends (M)	8,264.27	12,542.36	17,341.69	22,711.94	28,707.05	35,385.57	37,459.56

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.89%	9.89%	9.89%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	11,306.82	11,414.00	11,521.17
Year 2 PV (M)	14,093.34	14,361.77	14,632.74
Year 3 PV (M)	16,639.40	17,117.06	17,603.77
Year 4 PV (M)	18,959.78	19,688.92	20,438.89
Year 5 PV (M)	21,068.42	22,086.04	23,142.59
PV of Terminal Value (M)	323,900.86	339,545.39	355,788.67
Equity Value (M)	405,968.62	424,213.17	443,127.84
Shares Outstanding (M)	26.17	26.17	26.17
Fair Value	$15,513.28	$16,210.46	$16,933.25
Upside / Downside	-57.38%	-55.47%	-53.48%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 25 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
MDC	M.D.C. Holdings, Inc.	0.86%	$0.54	55.94%
AXP	American Express Company	0.85%	$3.17	20.85%
FOXA	Fox Corporation	0.85%	$0.62	13.96%
LMST	Limestone Bancorp, Inc.	0.85%	$0.20	8.06%
RCL	Royal Caribbean Cruises Ltd.	0.85%	$2.41	16.19%
AZZ	AZZ Inc.	0.84%	$0.92	8.89%
HIBB	Hibbett, Inc.	0.84%	$0.74	9.00%
MAR	Marriott International, Inc.	0.84%	$2.62	27.38%
MORN	Morningstar, Inc.	0.84%	$1.77	20.03%
SGH	SMART Global Holdings, Inc.	0.84%	$0.14	30.96%
URI	United Rentals, Inc.	0.84%	$7.13	18.10%
0HYJ.L	Cintas Corporation	0.83%	$1.54	34.15%
EFX	Equifax Inc.	0.83%	$1.78	33.46%
GM	General Motors Company	0.82%	$0.66	21.22%
KVSA	Khosla Ventures Acquisition Co.	0.81%	$0.09	9.61%
WMT	Walmart Inc.	0.81%	$0.91	31.92%
BMI	Badger Meter, Inc.	0.80%	$1.41	30.10%
FRD	Friedman Industries, Incorporated	0.80%	$0.16	9.82%
ITT	ITT Inc.	0.80%	$1.40	22.66%
MLI	Mueller Industries, Inc.	0.80%	$0.94	13.89%
SSSSL	SuRo Capital Corp. 6.00% Notes due 2026	0.80%	$0.20	8.46%
RGLD	Royal Gold, Inc.	0.79%	$1.75	24.00%
VRSK	Verisk Analytics, Inc.	0.79%	$1.74	26.41%
COF	Capital One Financial Corporation	0.78%	$1.94	87.57%
EE	Excelerate Energy, Inc.	0.78%	$0.22	9.21%
0K36.L	Moody's Corporation	0.77%	$3.82	30.70%
HCI	HCI Group, Inc.	0.77%	$1.42	9.00%
PH	Parker-Hannifin Corporation	0.77%	$6.85	24.15%
SEI	Solaris Energy Infrastructure, Inc.	0.77%	$0.39	44.96%
0HQN.L	Cboe Global Markets, Inc.	0.76%	$1.90	20.31%
ASIC	Ategrity Specialty Holdings LLC	0.76%	$0.15	12.77%
GL	Globe Life Inc.	0.75%	$1.03	7.35%
0KYY.L	S&P Global Inc.	0.74%	$3.81	28.09%
PHM	PulteGroup, Inc.	0.74%	$0.89	6.67%
ROP	Roper Technologies, Inc.	0.74%	$3.20	22.09%
ZWS	Zurn Elkay Water Solutions Corporation	0.74%	$0.35	30.63%
JOE	The St. Joe Company	0.73%	$0.43	24.05%
TOL	Toll Brothers, Inc.	0.73%	$0.99	7.16%
TTEK	Tetra Tech, Inc.	0.73%	$0.25	26.25%
0HCB.L	Alcoa Corporation	0.72%	$0.40	9.08%
A	Agilent Technologies, Inc.	0.72%	$0.99	21.64%
FCFS	FirstCash Holdings, Inc	0.72%	$1.13	16.40%
TRAK	ReposiTrak, Inc.	0.72%	$0.09	22.94%
BKNG	Booking Holdings Inc.	0.71%	$37.78	24.39%
PGC	Peapack-Gladstone Financial Corporation	0.71%	$0.20	10.22%
ASO	Academy Sports and Outdoors, Inc.	0.70%	$0.37	6.63%
BRO	Brown & Brown, Inc.	0.70%	$0.54	18.02%
INTU	Intuit Inc.	0.70%	$4.39	29.97%
MSFT	Microsoft Corporation	0.70%	$3.31	23.52%
NCR	NCR Corporation	0.70%	$0.11	1.70%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Lutronic Corporation (085370.KQ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener