DDM Analysis: 603728.SS

Valuation Snapshot

Stable Growth	$1.80 - $2.77	$2.25
Multi-Stage	$2.24 - $2.45	$2.34
Blended Fair Value	$2.30
Current Price	$84.64
Upside	-97.29%
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	1.11%	5.48%	0.07	0.10	0.13	0.05	0.06	0.06	0.04	0.13	0.08	0.06
YoY Growth	-	-	-34.25%	-19.77%	162.84%	-21.75%	-2.59%	60.71%	-68.41%	54.90%	44.27%	42.22%
Dividend Yield	-	-	0.10%	0.18%	0.30%	0.30%	0.41%	0.47%	0.29%	0.79%	0.65%	0.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	80.47
(-) Cash Dividends Paid (M)	21.66
(=) Cash Retained (M)	58.81

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	16.09	10.06	6.04
Cash Retained (M)	58.81	58.81	58.81
(-) Cash Required (M)	-16.09	-10.06	-6.04
(=) Excess Retained (M)	42.72	48.75	52.78
(/) Shares Outstanding (M)	418.43	418.43	418.43
(=) Excess Retained per Share	0.10	0.12	0.13
LTM Dividend per Share	0.05	0.05	0.05
(+) Excess Retained per Share	0.10	0.12	0.13
(=) Adjusted Dividend	0.15	0.17	0.18
WACC / Discount Rate	9.90%	9.90%	9.90%
Growth Rate	1.26%	2.26%	3.26%
Fair Value	$1.80	$2.25	$2.77
Upside / Downside	-97.87%	-97.34%	-96.73%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	80.47	82.29	84.15	86.05	88.00	89.98	92.68
Payout Ratio	26.92%	39.53%	52.15%	64.77%	77.38%	90.00%	92.50%
Projected Dividends (M)	21.66	32.53	43.88	55.73	68.09	80.99	85.73

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.90%	9.90%	9.90%
Growth Rate	1.26%	2.26%	3.26%
Year 1 PV (M)	29.31	29.60	29.89
Year 2 PV (M)	35.63	36.33	37.05
Year 3 PV (M)	40.77	41.99	43.23
Year 4 PV (M)	44.88	46.68	48.53
Year 5 PV (M)	48.09	50.51	53.03
PV of Terminal Value (M)	737.77	774.93	813.57
Equity Value (M)	936.45	980.05	1,025.30
Shares Outstanding (M)	418.43	418.43	418.43
Fair Value	$2.24	$2.34	$2.45
Upside / Downside	-97.36%	-97.23%	-97.10%

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

Shanghai MOONS' Electric Co.,Ltd. (603728.SS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener