DDM Analysis: B5A.DE

Valuation Snapshot

Stable Growth	$15.52 - $42.40	$23.95
Multi-Stage	$57.13 - $63.12	$60.07
Blended Fair Value	$42.01
Current Price	$6.10
Upside	588.69%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
DPS	-16.86%	-19.80%	0.05	0.08	0.11	0.10	0.09	0.12	0.12	0.11	0.25	0.38
YoY Growth	-	-	-42.42%	-26.31%	17.66%	6.94%	-25.58%	0.99%	9.44%	-56.41%	-33.78%	-13.12%
Dividend Yield	-	-	0.52%	0.75%	1.13%	0.61%	0.47%	0.85%	0.82%	0.61%	1.31%	1.86%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	18.12
(-) Cash Dividends Paid (M)	0.91
(=) Cash Retained (M)	17.21

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	3.62	2.26	1.36
Cash Retained (M)	17.21	17.21	17.21
(-) Cash Required (M)	-3.62	-2.26	-1.36
(=) Excess Retained (M)	13.59	14.95	15.85
(/) Shares Outstanding (M)	26.13	26.13	26.13
(=) Excess Retained per Share	0.52	0.57	0.61
LTM Dividend per Share	0.03	0.03	0.03
(+) Excess Retained per Share	0.52	0.57	0.61
(=) Adjusted Dividend	0.55	0.61	0.64
WACC / Discount Rate	2.03%	2.03%	2.03%
Growth Rate	-1.49%	-0.49%	0.51%
Fair Value	$15.52	$23.95	$42.40
Upside / Downside	154.45%	292.67%	595.02%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	18.12	18.03	17.94	17.85	17.77	17.68	18.21
Payout Ratio	5.00%	22.00%	39.00%	56.00%	73.00%	90.00%	92.50%
Projected Dividends (M)	0.91	3.97	7.00	10.00	12.97	15.91	16.84

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	2.03%	2.03%	2.03%
Growth Rate	-1.49%	-0.49%	0.51%
Year 1 PV (M)	3.85	3.89	3.93
Year 2 PV (M)	6.59	6.72	6.86
Year 3 PV (M)	9.13	9.41	9.70
Year 4 PV (M)	11.49	11.97	12.45
Year 5 PV (M)	13.68	14.39	15.13
PV of Terminal Value (M)	1,448.17	1,523.18	1,601.26
Equity Value (M)	1,492.90	1,569.55	1,649.32
Shares Outstanding (M)	26.13	26.13	26.13
Fair Value	$57.13	$60.07	$63.12
Upside / Downside	836.64%	884.72%	934.77%

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

Bauer AG (B5A.DE)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener