DDM Analysis: 6442.TW

Valuation Snapshot

Stable Growth	$3,250.81 - $3,830.00	$3,589.27
Multi-Stage	$2,489.12 - $2,731.45	$2,608.03
Blended Fair Value	$3,098.65
Current Price	$793.00
Upside	290.75%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	9.91%	11.39%	2.07	1.81	1.04	0.86	1.17	1.29	1.72	2.84	2.58	1.56
YoY Growth	-	-	14.03%	75.00%	20.00%	-26.47%	-8.92%	-25.00%	-39.39%	10.00%	65.00%	122.22%
Dividend Yield	-	-	0.50%	1.31%	1.95%	2.42%	3.75%	4.11%	4.28%	7.89%	5.66%	2.82%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,479.35
(-) Cash Dividends Paid (M)	653.60
(=) Cash Retained (M)	825.75

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	295.87	184.92	110.95
Cash Retained (M)	825.75	825.75	825.75
(-) Cash Required (M)	-295.87	-184.92	-110.95
(=) Excess Retained (M)	529.88	640.83	714.80
(/) Shares Outstanding (M)	76.82	76.82	76.82
(=) Excess Retained per Share	6.90	8.34	9.31
LTM Dividend per Share	8.51	8.51	8.51
(+) Excess Retained per Share	6.90	8.34	9.31
(=) Adjusted Dividend	15.41	16.85	17.81
WACC / Discount Rate	-0.07%	-0.07%	-0.07%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$3,250.81	$3,589.27	$3,830.00
Upside / Downside	309.94%	352.62%	382.98%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,479.35	1,575.51	1,677.92	1,786.98	1,903.14	2,026.84	2,087.65
Payout Ratio	44.18%	53.35%	62.51%	71.67%	80.84%	90.00%	92.50%
Projected Dividends (M)	653.60	840.46	1,048.85	1,280.78	1,538.43	1,824.16	1,931.07

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	-0.07%	-0.07%	-0.07%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	833.16	841.05	848.95
Year 2 PV (M)	1,030.70	1,050.33	1,070.15
Year 3 PV (M)	1,247.68	1,283.50	1,319.99
Year 4 PV (M)	1,485.65	1,542.78	1,601.55
Year 5 PV (M)	1,746.27	1,830.61	1,918.19
PV of Terminal Value (M)	184,861.70	193,790.59	203,061.21
Equity Value (M)	191,205.15	200,338.86	209,820.03
Shares Outstanding (M)	76.82	76.82	76.82
Fair Value	$2,489.12	$2,608.03	$2,731.45
Upside / Downside	213.89%	228.88%	244.45%

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

EZconn Corporation (6442.TW)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener