DDM Analysis: 002887.SZ

Valuation Snapshot

Stable Growth	$3.13 - $4.65	$3.86
Multi-Stage	$8.10 - $8.91	$8.50
Blended Fair Value	$6.18
Current Price	$9.40
Upside	-34.28%
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	27.82%	61.59%	0.36	0.36	0.18	0.51	0.17	0.11	0.16	0.10	0.00	0.10
YoY Growth	-	-	2.05%	101.74%	-65.37%	194.49%	62.50%	-33.33%	60.00%	3,041.59%	-96.90%	3,328.30%
Dividend Yield	-	-	4.89%	4.89%	1.92%	5.58%	1.30%	0.98%	1.25%	0.52%	0.02%	0.66%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	118.59
(-) Cash Dividends Paid (M)	100.22
(=) Cash Retained (M)	18.38

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	23.72	14.82	8.89
Cash Retained (M)	18.38	18.38	18.38
(-) Cash Required (M)	-23.72	-14.82	-8.89
(=) Excess Retained (M)	-5.34	3.56	9.49
(/) Shares Outstanding (M)	301.02	301.02	301.02
(=) Excess Retained per Share	-0.02	0.01	0.03
LTM Dividend per Share	0.33	0.33	0.33
(+) Excess Retained per Share	-0.02	0.01	0.03
(=) Adjusted Dividend	0.32	0.34	0.36
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	-3.31%	-2.31%	-1.31%
Fair Value	$3.13	$3.86	$4.65
Upside / Downside	-66.69%	-58.97%	-50.51%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	118.59	115.85	113.18	110.56	108.01	105.51	108.67
Payout Ratio	84.50%	85.60%	86.70%	87.80%	88.90%	90.00%	92.50%
Projected Dividends (M)	100.22	99.17	98.13	97.07	96.02	94.96	100.52

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	-3.31%	-2.31%	-1.31%
Year 1 PV (M)	92.24	93.19	94.14
Year 2 PV (M)	84.88	86.64	88.43
Year 3 PV (M)	78.09	80.54	83.04
Year 4 PV (M)	71.84	74.86	77.97
Year 5 PV (M)	66.08	69.57	73.20
PV of Terminal Value (M)	2,045.29	2,153.26	2,265.75
Equity Value (M)	2,438.42	2,558.07	2,682.54
Shares Outstanding (M)	301.02	301.02	301.02
Fair Value	$8.10	$8.50	$8.91
Upside / Downside	-13.82%	-9.59%	-5.20%

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

Tianjin LVYIN Landscape and Ecology Construction Co., Ltd (002887.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener