DDM Analysis: 301165.SZ

Valuation Snapshot

Stable Growth	$8.91 - $12.65	$10.76
Multi-Stage	$13.94 - $15.27	$14.59
Blended Fair Value	$12.67
Current Price	$89.41
Upside	-85.82%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017
DPS	-2.15%	0.00%	0.55	0.76	0.06	0.04	0.05	0.62	0.55	0.46	0.00	0.00
YoY Growth	-	-	-26.84%	1,150.16%	42.38%	-9.62%	-92.38%	11.81%	18.68%	0.00%	0.00%	0.00%
Dividend Yield	-	-	1.11%	2.65%	0.17%	0.16%	0.18%	2.30%	0.00%	0.00%	0.00%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	842.79
(-) Cash Dividends Paid (M)	365.21
(=) Cash Retained (M)	477.58

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	168.56	105.35	63.21
Cash Retained (M)	477.58	477.58	477.58
(-) Cash Required (M)	-168.56	-105.35	-63.21
(=) Excess Retained (M)	309.02	372.23	414.37
(/) Shares Outstanding (M)	625.00	625.00	625.00
(=) Excess Retained per Share	0.49	0.60	0.66
LTM Dividend per Share	0.58	0.58	0.58
(+) Excess Retained per Share	0.49	0.60	0.66
(=) Adjusted Dividend	1.08	1.18	1.25
WACC / Discount Rate	9.86%	9.86%	9.86%
Growth Rate	-2.00%	-1.00%	0.00%
Fair Value	$8.91	$10.76	$12.65
Upside / Downside	-90.03%	-87.97%	-85.85%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	842.79	834.36	826.02	817.75	809.58	801.48	825.53
Payout Ratio	43.33%	52.67%	62.00%	71.33%	80.67%	90.00%	92.50%
Projected Dividends (M)	365.21	439.43	512.13	583.33	653.06	721.33	763.61

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.86%	9.86%	9.86%
Growth Rate	-2.00%	-1.00%	0.00%
Year 1 PV (M)	395.95	399.99	404.03
Year 2 PV (M)	415.80	424.33	432.95
Year 3 PV (M)	426.75	439.95	453.41
Year 4 PV (M)	430.49	448.33	466.72
Year 5 PV (M)	428.45	450.76	473.99
PV of Terminal Value (M)	6,612.01	6,956.31	7,314.81
Equity Value (M)	8,709.45	9,119.67	9,545.92
Shares Outstanding (M)	625.00	625.00	625.00
Fair Value	$13.94	$14.59	$15.27
Upside / Downside	-84.41%	-83.68%	-82.92%

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

Ruijie Networks Co., Ltd. (301165.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener