DDM Analysis: KVT.WA

Valuation Snapshot

Stable Growth	$28.24 - $93.53	$46.00
Multi-Stage	$27.21 - $29.84	$28.50
Blended Fair Value	$37.25
Current Price	$10.20
Upside	265.19%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	0.00%	0.00%	0.00	0.20	0.00	1.47	2.24	0.66	0.24	0.17	0.74	0.00
YoY Growth	-	-	-100.00%	0.00%	-100.00%	-34.38%	239.40%	175.03%	41.14%	-77.02%	0.00%	-100.00%
Dividend Yield	-	-	0.00%	1.90%	0.00%	10.14%	11.73%	15.75%	4.36%	2.88%	10.36%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	12.97
(-) Cash Dividends Paid (M)	3.31
(=) Cash Retained (M)	9.66

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	2.59	1.62	0.97
Cash Retained (M)	9.66	9.66	9.66
(-) Cash Required (M)	-2.59	-1.62	-0.97
(=) Excess Retained (M)	7.07	8.04	8.69
(/) Shares Outstanding (M)	12.25	12.25	12.25
(=) Excess Retained per Share	0.58	0.66	0.71
LTM Dividend per Share	0.27	0.27	0.27
(+) Excess Retained per Share	0.58	0.66	0.71
(=) Adjusted Dividend	0.85	0.93	0.98
WACC / Discount Rate	6.61%	6.61%	6.61%
Growth Rate	3.50%	4.50%	5.50%
Fair Value	$28.24	$46.00	$93.53
Upside / Downside	176.83%	350.95%	816.96%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	12.97	13.56	14.17	14.80	15.47	16.17	16.65
Payout Ratio	25.50%	38.40%	51.30%	64.20%	77.10%	90.00%	92.50%
Projected Dividends (M)	3.31	5.21	7.27	9.50	11.93	14.55	15.40

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.61%	6.61%	6.61%
Growth Rate	3.50%	4.50%	5.50%
Year 1 PV (M)	4.84	4.88	4.93
Year 2 PV (M)	6.27	6.39	6.52
Year 3 PV (M)	7.62	7.84	8.07
Year 4 PV (M)	8.89	9.23	9.59
Year 5 PV (M)	10.07	10.57	11.08
PV of Terminal Value (M)	295.71	310.28	325.41
Equity Value (M)	333.40	349.20	365.60
Shares Outstanding (M)	12.25	12.25	12.25
Fair Value	$27.21	$28.50	$29.84
Upside / Downside	166.78%	179.42%	192.55%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 28 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
ORA	Ormat Technologies, Inc.	0.42%	$0.48	21.81%
VLTO	Veralto Corporation	0.42%	$0.42	11.39%
CEG	Constellation Energy Corporation	0.41%	$1.52	17.38%
EXPE	Expedia Group, Inc.	0.41%	$1.15	10.88%
GE	GE Aerospace	0.40%	$1.29	17.08%
GEHCV	GE HealthCare Technologies Inc.	0.40%	$0.23	5.05%
ATMU	Atmus Filtration Technologies Inc.	0.39%	$0.20	8.42%
BMNR	Bitmine Immersion Technologies, Inc.	0.39%	$0.12	0.85%
CHDN	Churchill Downs Incorporated	0.39%	$0.43	7.61%
PLPC	Preformed Line Products Company	0.39%	$0.83	11.03%
AAPL	Apple Inc.	0.38%	$1.03	13.77%
AMOT	Allied Motion Technologies Inc.	0.38%	$0.12	21.85%
CASY	Casey's General Stores, Inc.	0.38%	$2.09	12.85%
EA	Electronic Arts Inc.	0.38%	$0.77	21.92%
LOB	Live Oak Bancshares, Inc.	0.37%	$0.13	8.44%
PCG-PA	Pacific Gas and Electric Company	0.37%	$0.08	6.94%
CTS	CTS Corporation	0.36%	$0.16	8.09%
GVA	Granite Construction Incorporated	0.36%	$0.43	12.45%
LCORX	Leuthold Core Investment Fund	0.36%	$0.08	4.98%
LCRIX	Leuthold Core Investment Fund Class Institutional	0.36%	$0.08	4.98%
UHAL	U-Haul Holding Company	0.36%	$0.18	17.87%
BOX	Box, Inc.	0.35%	$0.10	6.61%
HCC	Warrior Met Coal, Inc.	0.35%	$0.31	47.04%
MCK	McKesson Corporation	0.35%	$2.91	8.98%
CSWI	CSW Industrials, Inc.	0.34%	$1.02	11.93%
MOG-A	Moog Inc.	0.34%	$0.85	11.59%
SRBK	SR Bancorp, Inc. Common stock	0.34%	$0.05	9.61%
VHAQ-UN	Viveon Health Acquisition Corp.	0.34%	$0.04	17.38%
WWD	Woodward, Inc.	0.34%	$1.05	14.70%
AGX	Argan, Inc.	0.33%	$1.08	12.72%
PJT	PJT Partners Inc.	0.33%	$0.56	13.70%
REGN	Regeneron Pharmaceuticals, Inc.	0.33%	$2.59	6.06%
LPLA	LPL Financial Holdings Inc.	0.32%	$1.16	11.15%
META	Meta Platforms, Inc.	0.31%	$2.04	8.98%
ESAB	ESAB Corporation	0.30%	$0.34	8.52%
POWL	Powell Industries, Inc.	0.30%	$1.05	7.31%
VC	Visteon Corporation	0.30%	$0.29	2.59%
WST	West Pharmaceutical Services, Inc.	0.30%	$0.83	12.34%
CASH	Pathward Financial, Inc.	0.29%	$0.21	2.52%
NGS	Natural Gas Services Group, Inc.	0.29%	$0.10	6.71%
PLUS	ePlus inc.	0.29%	$0.25	5.41%
RVTY	Revvity, Inc.	0.29%	$0.28	14.01%
TMO	Thermo Fisher Scientific Inc.	0.28%	$1.65	9.48%
MRVL	Marvell Technology, Inc.	0.27%	$0.24	8.33%
VNT	Vontier Corporation	0.27%	$0.10	3.64%
DBRG	DigitalBridge Group, Inc.	0.26%	$0.04	9.84%
FOUR	Shift4 Payments, Inc.	0.26%	$0.16	7.44%
GOOG	Alphabet Inc.	0.26%	$0.82	8.01%
TPB	Turning Point Brands, Inc.	0.26%	$0.29	10.22%
USB-PA	U.S. Bancorp PERP PFD SER A	0.26%	$2.02	43.68%

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Krynica Vitamin S.A. (KVT.WA)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener