DDM Analysis: DELTA-R.BK

Valuation Snapshot

Stable Growth	$29.62 - $62.83	$42.05
Multi-Stage	$21.96 - $23.96	$22.94
Blended Fair Value	$32.50
Current Price	$158.50
Upside	-79.50%
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	14.37%	5.24%	0.45	0.40	0.17	0.33	0.18	0.23	0.22	0.30	0.31	0.30
YoY Growth	-	-	12.50%	135.29%	-48.48%	83.33%	-21.74%	4.55%	-26.67%	-3.23%	3.33%	11.11%
Dividend Yield	-	-	0.68%	0.54%	0.15%	0.85%	0.62%	6.76%	3.14%	4.41%	3.54%	3.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	19,713.71
(-) Cash Dividends Paid (M)	5,737.96
(=) Cash Retained (M)	13,975.75

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	3,942.74	2,464.21	1,478.53
Cash Retained (M)	13,975.75	13,975.75	13,975.75
(-) Cash Required (M)	-3,942.74	-2,464.21	-1,478.53
(=) Excess Retained (M)	10,033.01	11,511.54	12,497.23
(/) Shares Outstanding (M)	12,482.95	12,482.95	12,482.95
(=) Excess Retained per Share	0.80	0.92	1.00
LTM Dividend per Share	0.46	0.46	0.46
(+) Excess Retained per Share	0.80	0.92	1.00
(=) Adjusted Dividend	1.26	1.38	1.46
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$29.62	$42.05	$62.83
Upside / Downside	-81.31%	-73.47%	-60.36%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	19,713.71	20,995.10	22,359.78	23,813.17	25,361.02	27,009.49	27,819.77
Payout Ratio	29.11%	41.29%	53.46%	65.64%	77.82%	90.00%	92.50%
Projected Dividends (M)	5,737.96	8,667.86	11,954.40	15,631.57	19,736.27	24,308.54	25,733.29

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	7,805.92	7,879.91	7,953.90
Year 2 PV (M)	9,695.11	9,879.78	10,066.19
Year 3 PV (M)	11,416.69	11,744.43	12,078.37
Year 4 PV (M)	12,981.22	13,480.44	13,993.92
Year 5 PV (M)	14,398.65	15,094.11	15,816.18
PV of Terminal Value (M)	217,769.71	228,288.07	239,208.99
Equity Value (M)	274,067.30	286,366.73	299,117.55
Shares Outstanding (M)	12,482.95	12,482.95	12,482.95
Fair Value	$21.96	$22.94	$23.96
Upside / Downside	-86.15%	-85.53%	-84.88%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 29 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
BTBT	Bit Digital, Inc.	0.25%	$0.01	1.17%
PVH	PVH Corp.	0.25%	$0.17	2.41%
AEL	American Equity Investment Life Holding Company	0.24%	$0.14	2.19%
CRS	Carpenter Technology Corporation	0.24%	$0.80	9.74%
L	Loews Corporation	0.24%	$0.25	3.58%
PRIM	Primoris Services Corporation	0.23%	$0.30	5.83%
TER	Teradyne, Inc.	0.23%	$0.48	17.39%
FOCS	Focus Financial Partners Inc.	0.22%	$0.12	19.23%
QCRH	QCR Holdings, Inc.	0.22%	$0.18	2.50%
RMAX	RE/MAX Holdings, Inc.	0.22%	$0.02	2.70%
VSEC	VSE Corporation	0.22%	$0.40	30.98%
0J5I.L	Hilton Worldwide Holdings Inc.	0.21%	$0.60	8.71%
PRVAX	Virginia Tax Free Bond Fund	0.21%	$0.02	89.04%
ACA	Arcosa, Inc.	0.19%	$0.20	6.66%
HWM	Howmet Aerospace Inc.	0.19%	$0.40	11.24%
USLM	United States Lime & Minerals, Inc.	0.19%	$0.23	5.04%
AEIS	Advanced Energy Industries, Inc.	0.18%	$0.40	10.65%
BELFA	Bel Fuse Inc.	0.18%	$0.28	5.31%
TILE	Interface, Inc.	0.18%	$0.05	2.63%
0K05.L	Medifast, Inc.	0.17%	$0.02	78.63%
AYI	Acuity Brands, Inc.	0.17%	$0.65	5.19%
BDC	Belden Inc.	0.17%	$0.20	3.53%
FIX	Comfort Systems USA, Inc.	0.17%	$1.70	7.18%
KNSL	Kinsale Capital Group, Inc.	0.17%	$0.66	3.24%
STCN	Steel Connect, Inc.	0.17%	$0.02	1.98%
VVI	Viad Corp	0.17%	$0.07	0.54%
ALNT	Allient Inc.	0.16%	$0.09	7.91%
CLSK	CleanSpark, Inc.	0.16%	$0.02	1.41%
EME	EMCOR Group, Inc.	0.16%	$1.01	4.01%
ESE	ESCO Technologies Inc.	0.16%	$0.32	2.76%
CW	Curtiss-Wright Corporation	0.15%	$0.87	7.08%
MU	Micron Technology, Inc.	0.15%	$0.46	6.11%
SPCMU	Sound Point Acquisition Corp I, Ltd	0.15%	$0.02	1.33%
ENSG	The Ensign Group, Inc.	0.14%	$0.24	4.34%
JBL	Jabil Inc.	0.14%	$0.33	5.48%
PFIE	Profire Energy, Inc.	0.14%	$0.00	1.99%
0R0A.L	Hecla Mining Company	0.13%	$0.02	5.24%
GNW	Genworth Financial, Inc.	0.13%	$0.01	2.27%
ONIT	Onity Group Inc.	0.13%	$0.06	1.46%
0A7O.L	MicroStrategy Incorporated	0.12%	$0.19	0.73%
0KGS.L	Pegasystems Inc.	0.12%	$0.07	4.63%
PRTAX	T. Rowe Price Tax-Free Income Fd	0.12%	$0.01	89.04%
WDC	Western Digital Corporation	0.12%	$0.22	3.25%
GEV	GE Vernova Inc.	0.11%	$0.75	12.15%
MPLF.L	Marble Point Loan Financing Limited	0.11%	$0.07	92.98%
EPAC	Enerpac Tool Group Corp.	0.10%	$0.04	2.34%
GRBK	Green Brick Partners, Inc.	0.10%	$0.07	0.85%
IR	Ingersoll Rand Inc.	0.10%	$0.08	5.89%
RAL	Ralliant Corp.	0.10%	$0.05	2.75%
TXT	Textron Inc.	0.10%	$0.08	1.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Delta Electronics (Thailand) Public Company Limited (DELTA-R.BK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener