DDM Analysis: GWCS.QA

Valuation Snapshot

Stable Growth	$1.49 - $2.22	$1.84
Multi-Stage	$3.61 - $3.98	$3.79
Blended Fair Value	$2.81
Current Price	$2.76
Upside	1.99%
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	-10.35%	-1.01%	0.11	0.10	0.10	0.10	0.20	0.19	0.17	0.16	0.15	0.12
YoY Growth	-	-	10.00%	0.00%	0.00%	-50.00%	5.26%	11.76%	6.25%	6.67%	23.22%	0.00%
Dividend Yield	-	-	3.55%	3.13%	2.67%	2.36%	3.91%	4.51%	4.20%	3.94%	2.86%	2.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	106.98
(-) Cash Dividends Paid (M)	58.60
(=) Cash Retained (M)	48.38

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	21.40	13.37	8.02
Cash Retained (M)	48.38	48.38	48.38
(-) Cash Required (M)	-21.40	-13.37	-8.02
(=) Excess Retained (M)	26.98	35.00	40.35
(/) Shares Outstanding (M)	586.03	586.03	586.03
(=) Excess Retained per Share	0.05	0.06	0.07
LTM Dividend per Share	0.10	0.10	0.10
(+) Excess Retained per Share	0.05	0.06	0.07
(=) Adjusted Dividend	0.15	0.16	0.17
WACC / Discount Rate	6.52%	6.52%	6.52%
Growth Rate	-3.01%	-2.01%	-1.01%
Fair Value	$1.49	$1.84	$2.22
Upside / Downside	-46.12%	-33.48%	-19.52%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	106.98	104.83	102.72	100.66	98.64	96.66	99.56
Payout Ratio	54.78%	61.82%	68.87%	75.91%	82.96%	90.00%	92.50%
Projected Dividends (M)	58.60	64.81	70.74	76.41	81.83	86.99	92.09

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.52%	6.52%	6.52%
Growth Rate	-3.01%	-2.01%	-1.01%
Year 1 PV (M)	60.22	60.85	61.47
Year 2 PV (M)	61.09	62.35	63.63
Year 3 PV (M)	61.31	63.23	65.18
Year 4 PV (M)	61.01	63.57	66.20
Year 5 PV (M)	60.27	63.44	66.75
PV of Terminal Value (M)	1,814.35	1,909.83	2,009.29
Equity Value (M)	2,118.26	2,223.27	2,332.52
Shares Outstanding (M)	586.03	586.03	586.03
Fair Value	$3.61	$3.79	$3.98
Upside / Downside	30.96%	37.46%	44.21%

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

Analysis Mode

Ticker

Industry

Sector

Gulf Warehousing Company Q.P.S.C. (GWCS.QA)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener