DDM Analysis: 603617.SS

Valuation Snapshot

Stable Growth	$4.53 - $24.20	$8.94
Multi-Stage	$2.67 - $2.92	$2.79
Blended Fair Value	$5.87
Current Price	$7.89
Upside	-25.64%
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	-1.32%	26.31%	0.06	0.07	0.14	0.17	0.07	0.07	0.06	0.04	0.01	0.12
YoY Growth	-	-	-3.82%	-51.29%	-20.05%	141.91%	3.29%	13.51%	43.17%	408.02%	-92.71%	1,735.58%
Dividend Yield	-	-	0.88%	1.00%	1.62%	1.67%	0.95%	0.92%	0.84%	0.53%	0.18%	2.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	48.40
(-) Cash Dividends Paid (M)	38.36
(=) Cash Retained (M)	10.04

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	9.68	6.05	3.63
Cash Retained (M)	10.04	10.04	10.04
(-) Cash Required (M)	-9.68	-6.05	-3.63
(=) Excess Retained (M)	0.36	3.99	6.41
(/) Shares Outstanding (M)	397.78	397.78	397.78
(=) Excess Retained per Share	0.00	0.01	0.02
LTM Dividend per Share	0.10	0.10	0.10
(+) Excess Retained per Share	0.00	0.01	0.02
(=) Adjusted Dividend	0.10	0.11	0.11
WACC / Discount Rate	7.77%	7.77%	7.77%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$4.53	$8.94	$24.20
Upside / Downside	-42.62%	13.31%	206.68%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	48.40	51.54	54.89	58.46	62.26	66.31	68.30
Payout Ratio	79.26%	81.41%	83.55%	85.70%	87.85%	90.00%	92.50%
Projected Dividends (M)	38.36	41.96	45.87	50.10	54.70	59.68	63.18

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.77%	7.77%	7.77%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	38.57	38.93	39.30
Year 2 PV (M)	38.75	39.49	40.24
Year 3 PV (M)	38.91	40.03	41.17
Year 4 PV (M)	39.05	40.55	42.10
Year 5 PV (M)	39.16	41.05	43.02
PV of Terminal Value (M)	869.47	911.47	955.07
Equity Value (M)	1,063.92	1,111.53	1,160.89
Shares Outstanding (M)	397.78	397.78	397.78
Fair Value	$2.67	$2.79	$2.92
Upside / Downside	-66.10%	-64.58%	-63.01%

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

Junhe Pumps Holding Co., Ltd (603617.SS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener