DDM Analysis: 3010.SR

Valuation Snapshot

Stable Growth	$8.97 - $12.74	$10.83
Multi-Stage	$26.94 - $29.68	$28.28
Blended Fair Value	$19.55
Current Price	$22.02
Upside	-11.20%
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	-3.55%	-7.33%	1.46	1.83	2.60	2.50	2.03	1.75	1.04	5.00	4.50	5.28
YoY Growth	-	-	-20.32%	-29.43%	4.00%	23.28%	15.80%	68.10%	-79.16%	11.11%	-14.78%	68.76%
Dividend Yield	-	-	5.37%	5.78%	7.16%	5.84%	4.66%	7.01%	4.13%	14.28%	11.84%	11.57%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	140.82
(-) Cash Dividends Paid (M)	129.32
(=) Cash Retained (M)	11.50

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	28.16	17.60	10.56
Cash Retained (M)	11.50	11.50	11.50
(-) Cash Required (M)	-28.16	-17.60	-10.56
(=) Excess Retained (M)	-16.67	-6.10	0.94
(/) Shares Outstanding (M)	100.00	100.00	100.00
(=) Excess Retained per Share	-0.17	-0.06	0.01
LTM Dividend per Share	1.29	1.29	1.29
(+) Excess Retained per Share	-0.17	-0.06	0.01
(=) Adjusted Dividend	1.13	1.23	1.30
WACC / Discount Rate	6.32%	6.32%	6.32%
Growth Rate	-5.55%	-4.55%	-3.55%
Fair Value	$8.97	$10.83	$12.74
Upside / Downside	-59.27%	-50.84%	-42.16%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	140.82	134.42	128.30	122.47	116.90	111.58	114.93
Payout Ratio	91.83%	91.47%	91.10%	90.73%	90.37%	90.00%	92.50%
Projected Dividends (M)	129.32	122.95	116.89	111.12	105.64	100.42	106.31

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.32%	6.32%	6.32%
Growth Rate	-5.55%	-4.55%	-3.55%
Year 1 PV (M)	114.43	115.64	116.86
Year 2 PV (M)	101.25	103.41	105.59
Year 3 PV (M)	89.59	92.47	95.41
Year 4 PV (M)	79.27	82.68	86.20
Year 5 PV (M)	70.14	73.93	77.89
PV of Terminal Value (M)	2,239.03	2,360.09	2,486.33
Equity Value (M)	2,693.72	2,828.23	2,968.28
Shares Outstanding (M)	100.00	100.00	100.00
Fair Value	$26.94	$28.28	$29.68
Upside / Downside	22.33%	28.44%	34.80%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 55 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
AU	AngloGold Ashanti Plc	2.92%	$2.50	56.24%
000529.SZ	Guangdong Guanghong Holdings Co.,Ltd.	2.91%	$0.18	98.46%
0383.HK	Tian An Medicare Limited	2.91%	$0.03	60.45%
105560.KS	KB Financial Group Inc.	2.91%	$3,590.29	22.69%
3899.HK	CIMC Enric Holdings Limited	2.91%	$0.28	25.59%
BIMAS.IS	BIM Birlesik Magazalar A.S.	2.91%	$15.78	64.92%
000951.SZ	Sinotruk Jinan Truck Co., Ltd.	2.90%	$0.49	35.94%
002541.SZ	Anhui Honglu Steel Construction(Group) Co. Ltd.	2.90%	$0.48	53.40%
060720.KQ	KHVATEC Co.,Ltd.	2.90%	$330.78	46.02%
0950.HK	Lee's Pharmaceutical Holdings Limited	2.90%	$0.05	27.09%
0QLK.L	Hypothekarbank Lenzburg AG	2.90%	$115.25	19.90%
0RMP.L	Banque Cantonale de Genève S.A.	2.90%	$0.71	11.87%
600167.SS	Luenmei Quantum Co.,Ltd	2.90%	$0.20	65.26%
IBAB.BR	Ion Beam Applications S.A.	2.90%	$0.38	44.34%
METCO.BK	Muramoto Electron (Thailand) Public Company Limited	2.90%	$8.00	15.20%
002852.SZ	Daodaoquan Grain and Oil Co.,Ltd.	2.89%	$0.30	37.22%
005680.KS	Samyoung Electronics Co., Ltd	2.89%	$300.77	49.07%
600526.SS	Zhejiang Feida Environmental Science & Technology Co., Ltd.	2.89%	$0.15	48.23%
601377.SS	Industrial Securities Co.,Ltd.	2.89%	$0.21	55.11%
688697.SS	Neway CNC Equipment (Suzhou) Co., Ltd.	2.89%	$0.44	66.80%
7738.TWO	Eui	2.89%	$5.50	39.18%
AMXB.MX	América Móvil, S.A.B. de C.V.	2.89%	$0.54	43.68%
OMASP.HE	Oma Säästöpankki Oyj	2.89%	$0.36	25.24%
001200.KS	Eugene Investment & Securities Co.,Ltd.	2.88%	$99.92	14.37%
002310.KS	Asia Paper Manufacturing.Co.,Ltd	2.88%	$224.24	42.56%
3357.TWO	TAI-TECH Advanced Electronics Co., Ltd.	2.88%	$4.61	48.95%
600496.SS	Changjiang & Jinggong Steel Building (Group) Co., Ltd	2.88%	$0.12	42.56%
603043.SS	Guangzhou Restaurant Group Company Limited	2.88%	$0.51	57.82%
PAX	Patria Investments Limited	2.88%	$0.46	66.16%
000528.SZ	Guangxi Liugong Machinery Co., Ltd.	2.87%	$0.34	51.00%
2233.HK	West China Cement Limited	2.87%	$0.09	38.77%
600660.SS	Fuyao Glass Industry Group Co., Ltd.	2.87%	$1.86	53.34%
603579.SS	Shanghai Rongtai Health Technology Corporation Limited	2.87%	$0.68	77.63%
EIF.TO	Exchange Income Corporation	2.87%	$2.35	93.13%
000403.SZ	Pacific Shuanglin Bio-pharmacy Co., Ltd.	2.86%	$0.39	66.45%
002637.SZ	Zanyu Technology Group Co., Ltd.	2.86%	$0.29	80.65%
008260.KS	Ni Steel Co.,Ltd	2.86%	$99.96	15.43%
0434.HK	Boyaa Interactive International Limited	2.86%	$0.10	8.21%
0839.HK	China Education Group Holdings Limited	2.86%	$0.09	77.39%
2949.TWO	H.H.Galaxy Co., Ltd.	2.86%	$1.93	53.15%
600480.SS	Ling Yun Industrial Corporation Limited	2.86%	$0.35	56.75%
603373.SS	Anbang Save-Guard Group Co.,Ltd.	2.86%	$1.09	90.20%
603380.SS	Suzhou Etron Technologies Co.,Ltd.	2.86%	$1.09	77.96%
C09.SI	City Developments Limited	2.86%	$0.23	17.08%
0IKK.L	Digia Oyj	2.85%	$0.19	39.95%
4432.T	WingArc1st Inc.	2.85%	$103.62	68.51%
603998.SS	Hunan Fangsheng Pharmaceutical Co., Ltd.	2.85%	$0.32	47.62%
FAGR.BR	Fagron N.V.	2.85%	$0.62	27.65%
SKR.BK	Sikarin Public Company Limited	2.85%	$0.20	61.04%
TPX-B.TO	Molson Coors Canada Inc.	2.85%	$1.86	35.97%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Ticker

Industry

Sector

Arabian Cement Company (3010.SR)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener