DDM Analysis: ABS2.DE

Valuation Snapshot

Stable Growth	$261.54 - $578.97	$542.58
Multi-Stage	$87.89 - $96.18	$91.96
Blended Fair Value	$317.27
Current Price	$28.20
Upside	1,025.06%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-0.75%	13.10%	1.12	1.01	0.98	0.51	0.33	1.16	1.16	0.98	1.29	0.62
YoY Growth	-	-	11.21%	2.66%	92.51%	55.10%	-71.75%	0.00%	19.03%	-24.18%	106.55%	90.76%
Dividend Yield	-	-	4.27%	7.12%	7.27%	4.32%	2.23%	8.19%	6.05%	3.71%	3.92%	2.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	107.55
(-) Cash Dividends Paid (M)	50.28
(=) Cash Retained (M)	57.27

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	21.51	13.44	8.07
Cash Retained (M)	57.27	57.27	57.27
(-) Cash Required (M)	-21.51	-13.44	-8.07
(=) Excess Retained (M)	35.76	43.82	49.20
(/) Shares Outstanding (M)	36.94	36.94	36.94
(=) Excess Retained per Share	0.97	1.19	1.33
LTM Dividend per Share	1.36	1.36	1.36
(+) Excess Retained per Share	0.97	1.19	1.33
(=) Adjusted Dividend	2.33	2.55	2.69
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	5.48%	6.48%	7.48%
Fair Value	$261.54	$542.58	$578.97
Upside / Downside	827.43%	1,824.03%	1,953.08%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	107.55	114.52	121.94	129.84	138.26	147.22	151.63
Payout Ratio	46.75%	55.40%	64.05%	72.70%	81.35%	90.00%	92.50%
Projected Dividends (M)	50.28	63.45	78.11	94.40	112.47	132.49	140.26

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	5.48%	6.48%	7.48%
Year 1 PV (M)	59.06	59.62	60.18
Year 2 PV (M)	67.68	68.97	70.27
Year 3 PV (M)	76.14	78.32	80.55
Year 4 PV (M)	84.44	87.69	91.03
Year 5 PV (M)	92.60	97.07	101.72
PV of Terminal Value (M)	2,866.42	3,004.89	3,148.67
Equity Value (M)	3,246.33	3,396.57	3,552.42
Shares Outstanding (M)	36.94	36.94	36.94
Fair Value	$87.89	$91.96	$96.18
Upside / Downside	211.66%	226.09%	241.05%

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

PORR AG (ABS2.DE)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener