DDM Analysis: BAMNB.AS

Valuation Snapshot

Stable Growth	$13.89 - $24.00	$18.24
Multi-Stage	$25.29 - $27.81	$26.53
Blended Fair Value	$22.38
Current Price	$7.56
Upside	196.06%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	6.05%	13.39%	0.10	0.08	0.00	0.00	0.00	0.07	0.04	0.03	0.01	0.00
YoY Growth	-	-	18.65%	0.00%	0.00%	-100.00%	-99.49%	70.23%	53.08%	277.45%	0.00%	-100.00%
Dividend Yield	-	-	2.27%	3.32%	0.00%	0.00%	0.02%	2.64%	1.66%	0.69%	0.16%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	298.54
(-) Cash Dividends Paid (M)	78.94
(=) Cash Retained (M)	219.60

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	59.71	37.32	22.39
Cash Retained (M)	219.60	219.60	219.60
(-) Cash Required (M)	-59.71	-37.32	-22.39
(=) Excess Retained (M)	159.89	182.28	197.21
(/) Shares Outstanding (M)	273.54	273.54	273.54
(=) Excess Retained per Share	0.58	0.67	0.72
LTM Dividend per Share	0.29	0.29	0.29
(+) Excess Retained per Share	0.58	0.67	0.72
(=) Adjusted Dividend	0.87	0.95	1.01
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	0.13%	1.13%	2.13%
Fair Value	$13.89	$18.24	$24.00
Upside / Downside	83.69%	141.24%	217.51%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	298.54	301.90	305.29	308.73	312.20	315.72	325.19
Payout Ratio	26.44%	39.15%	51.87%	64.58%	77.29%	90.00%	92.50%
Projected Dividends (M)	78.94	118.20	158.34	199.37	241.30	284.14	300.80

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	0.13%	1.13%	2.13%
Year 1 PV (M)	109.98	111.07	112.17
Year 2 PV (M)	137.06	139.81	142.59
Year 3 PV (M)	160.56	165.42	170.37
Year 4 PV (M)	180.80	188.13	195.68
Year 5 PV (M)	198.08	208.17	218.67
PV of Terminal Value (M)	6,130.90	6,443.24	6,768.18
Equity Value (M)	6,917.37	7,255.84	7,607.67
Shares Outstanding (M)	273.54	273.54	273.54
Fair Value	$25.29	$26.53	$27.81
Upside / Downside	234.50%	250.87%	267.88%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 27 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
KKR	KKR & Co. Inc.	0.55%	$0.71	28.86%
UHS	Universal Health Services, Inc.	0.55%	$1.21	5.70%
0I0T.L	Coca-Cola Consolidated, Inc.	0.54%	$0.81	11.41%
HSTM	HealthStream, Inc.	0.54%	$0.12	17.69%
LLY	Eli Lilly and Company	0.54%	$5.79	28.28%
TECH	Bio-Techne Corporation	0.54%	$0.32	64.31%
TRU	TransUnion	0.54%	$0.45	21.24%
VST	Vistra Corp.	0.54%	$0.89	26.39%
0R2Z.L	Mastercard Incorporated	0.52%	$2.96	18.79%
DHR	Danaher Corporation	0.52%	$1.19	24.18%
MKSI	MKS Inc.	0.52%	$0.87	21.15%
0JT5.L	Lam Research Corporation	0.51%	$0.93	20.32%
0JZ0.L	Martin Marietta Materials, Inc.	0.51%	$3.22	16.93%
EVTC	EVERTEC, Inc.	0.51%	$0.15	6.55%
GPI	Group 1 Automotive, Inc.	0.51%	$2.01	6.83%
MUSA	Murphy USA Inc.	0.51%	$2.05	8.36%
PCG	Pacific Gas & Electric Co.	0.51%	$0.08	6.94%
CHE	Chemed Corporation	0.50%	$2.11	11.01%
FBIO	Fortress Biotech, Inc.	0.50%	$0.02	16.65%
HWKN	Hawkins, Inc.	0.50%	$0.73	18.33%
NMRK	Newmark Group, Inc.	0.50%	$0.08	20.64%
PRLH	Pearl Holdings Acquisition Corp	0.50%	$0.06	54.69%
EXP	Eagle Materials Inc.	0.48%	$1.02	7.46%
FCAX	Fortress Capital Acquisition Corp.	0.48%	$0.05	6.11%
FSS	Federal Signal Corporation	0.48%	$0.54	13.95%
AAON	AAON, Inc.	0.47%	$0.37	30.87%
CR	Crane Company	0.47%	$0.88	14.07%
HGTY	Hagerty, Inc.	0.47%	$0.06	12.93%
IDCC	InterDigital, Inc.	0.47%	$1.55	10.87%
PCG-PI	Pacific Gas and Electric Company PFD 1ST 4.36%	0.47%	$0.08	6.94%
SEB	Seaboard Corporation	0.47%	$20.86	5.03%
AMEH	Apollo Medical Holdings, Inc.	0.46%	$0.18	93.62%
IDT	IDT Corporation	0.46%	$0.23	7.15%
KAI	Kadant Inc.	0.46%	$1.32	15.23%
PRGS	Progress Software Corporation	0.46%	$0.19	17.10%
UI	Ubiquiti Inc.	0.46%	$2.60	19.86%
WWE	World Wrestling Entertainment, Inc.	0.46%	$0.46	21.62%
APH	Amphenol Corporation	0.45%	$0.62	20.92%
DIS	The Walt Disney Company	0.45%	$0.50	7.30%
ENTG	Entegris, Inc.	0.45%	$0.40	21.08%
PCG-PC	Pacific Gas and Electric Company PFD 1ST 5%	0.45%	$0.08	6.94%
WMS	Advanced Drainage Systems, Inc.	0.45%	$0.68	11.54%
REVG	REV Group, Inc.	0.44%	$0.27	14.08%
RYAN	Ryan Specialty Holdings, Inc.	0.44%	$0.22	87.54%
TRS	TriMas Corporation	0.44%	$0.16	14.97%
WAB	Westinghouse Air Brake Technologies Corporation	0.44%	$0.96	13.90%
WING	Wingstop Inc.	0.44%	$1.14	18.31%
TW	Tradeweb Markets Inc.	0.43%	$0.46	15.57%
IBKR	Interactive Brokers Group, Inc.	0.42%	$0.28	13.63%
MTRN	Materion Corporation	0.42%	$0.55	58.77%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Koninklijke BAM Groep nv (BAMNB.AS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener