DDM Analysis: EXC

Valuation Snapshot

Stable Growth	$13.31 - $18.07	$15.74
Multi-Stage	$37.24 - $41.15	$39.15
Blended Fair Value	$27.44
Current Price	$45.01
Upside	-39.02%
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	-11.23%	-3.12%	0.77	1.42	1.32	1.49	1.48	1.40	1.32	1.23	1.16	1.10
YoY Growth	-	-	-45.85%	7.42%	-10.89%	0.34%	5.97%	5.71%	7.77%	6.00%	5.52%	3.76%
Dividend Yield	-	-	1.67%	3.82%	3.16%	3.12%	4.75%	5.32%	3.72%	4.41%	4.51%	4.29%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	2,821.00
(-) Cash Dividends Paid (M)	1,594.00
(=) Cash Retained (M)	1,227.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	564.20	352.63	211.58
Cash Retained (M)	1,227.00	1,227.00	1,227.00
(-) Cash Required (M)	-564.20	-352.63	-211.58
(=) Excess Retained (M)	662.80	874.38	1,015.43
(/) Shares Outstanding (M)	1,007.39	1,007.39	1,007.39
(=) Excess Retained per Share	0.66	0.87	1.01
LTM Dividend per Share	1.58	1.58	1.58
(+) Excess Retained per Share	0.66	0.87	1.01
(=) Adjusted Dividend	2.24	2.45	2.59
WACC / Discount Rate	7.01%	7.01%	7.01%
Growth Rate	-8.40%	-7.40%	-6.40%
Fair Value	$13.31	$15.74	$18.07
Upside / Downside	-70.43%	-65.04%	-59.86%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	2,821.00	2,612.16	2,418.78	2,239.71	2,073.91	1,920.37	1,977.98
Payout Ratio	56.50%	63.20%	69.90%	76.60%	83.30%	90.00%	92.50%
Projected Dividends (M)	1,594.00	1,650.98	1,690.80	1,715.66	1,727.58	1,728.33	1,829.63

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.01%	7.01%	7.01%
Growth Rate	-8.40%	-7.40%	-6.40%
Year 1 PV (M)	1,526.11	1,542.77	1,559.43
Year 2 PV (M)	1,444.69	1,476.41	1,508.47
Year 3 PV (M)	1,355.06	1,399.93	1,445.78
Year 4 PV (M)	1,261.27	1,317.26	1,375.09
Year 5 PV (M)	1,166.38	1,231.45	1,299.40
PV of Terminal Value (M)	30,758.39	32,474.46	34,266.29
Equity Value (M)	37,511.90	39,442.28	41,454.46
Shares Outstanding (M)	1,007.39	1,007.39	1,007.39
Fair Value	$37.24	$39.15	$41.15
Upside / Downside	-17.27%	-13.01%	-8.58%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 70 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
6101.T	Tsugami Corporation	2.08%	$59.70	21.18%
9549.SR	Abdulaziz and Mansour Ibrahim Albabtin Co.	2.08%	$0.50	29.71%
FPAR-A.ST	FastPartner AB (publ)	2.08%	$0.97	55.03%
GRNG.ST	Gränges AB (publ)	2.08%	$3.09	34.78%
ZGN	Ermenegildo Zegna N.V.	2.08%	$0.22	28.26%
000983.SZ	Shanxi Coking Coal Energy Group Co.,Ltd.	2.07%	$0.13	44.44%
006090.KS	Oyang Corporation	2.07%	$187.55	43.67%
0O1O.L	Vetoquinol S.A.	2.07%	$1.74	19.10%
1748.HK	Xin Yuan Enterprises Group Limited	2.07%	$0.04	62.70%
4677.KL	YTL Corporation Berhad	2.07%	$0.04	26.42%
603136.SS	Jiangsu Tianmu Lake Tourism Co.,Ltd	2.07%	$0.24	64.23%
7965.T	Zojirushi Corporation	2.07%	$32.35	36.35%
MRSA3B.SA	MRS Logística S.A.	2.07%	$0.81	18.86%
OCL.AX	Objective Corporation Limited	2.07%	$0.34	57.76%
TRTN	Triton International Limited	2.07%	$1.65	28.50%
001219.SZ	Qingdao Foods CO.,LTD.	2.06%	$0.29	55.25%
002351.SZ	Edifier Technology Co., Ltd.	2.06%	$0.25	53.80%
004830.KS	Duksung Co., Ltd.	2.06%	$100.30	19.66%
600120.SS	Zhejiang Orient Financial Holdings Group Co., Ltd.	2.06%	$0.13	32.28%
600143.SS	Kingfa Sci. & Tech. Co., Ltd.	2.06%	$0.40	85.82%
7735.T	SCREEN Holdings Co., Ltd.	2.06%	$314.43	32.13%
ALSO3.SA	Aliansce Sonae Shopping Centers S.A.	2.06%	$0.52	9.27%
MLIA.JK	PT Mulia Industrindo Tbk	2.06%	$6.98	27.72%
REA.AX	REA Group Limited	2.06%	$3.81	51.46%
THEON.AS	Theon International PLC	2.06%	$0.55	52.53%
000902.SZ	YONFER Agricultural Technology Co., Ltd.	2.05%	$0.32	26.06%
002938.SZ	Avary Holding(Shenzhen)Co., Limited	2.05%	$1.04	59.37%
036930.KQ	JUSUNG ENGINEERING Co., Ltd.	2.05%	$625.50	45.79%
086280.KS	Hyundai Glovis Co., Ltd.	2.05%	$3,700.10	19.97%
2730.T	EDION Corporation	2.05%	$43.41	30.64%
4191.SR	Abdullah Saad Mohammed Abo Moati for Bookstores Company	2.05%	$1.01	76.56%
9527.SR	Ame Company For Medical Supplies	2.05%	$2.00	27.73%
BMIN3.SA	Banco Mercantil de Investimentos S.A.	2.05%	$0.47	28.32%
GUAR3.SA	Guararapes Confecções S.A.	2.05%	$0.18	20.09%
MGROS.IS	Migros Ticaret A.S.	2.05%	$10.88	31.41%
MLL.DE	Müller - Die lila Logistik AG	2.05%	$0.10	6.76%
RAY-A.TO	Stingray Group Inc.	2.05%	$0.30	39.32%
VIVA3.SA	Vivara Participações S.A.	2.05%	$0.66	20.93%
268280.KS	Miwon Specialty Chemical Co., Ltd.	2.04%	$2,814.57	22.79%
2869.HK	Greentown Service Group Co. Ltd.	2.04%	$0.09	17.96%
450330.KQ	Hass	2.04%	$131.79	35.27%
605589.SS	Jinan Shengquan Group Share Holding Co., Ltd.	2.04%	$0.58	44.86%
CEK.DE	CeoTronics AG	2.04%	$0.26	34.71%
CSAP.JK	PT Catur Sentosa Adiprana Tbk	2.04%	$6.50	30.53%
ROTH.PA	Rothschild & Co SCA	2.04%	$0.78	13.71%
2476.TW	G-SHANK Enterprise Co., Ltd.	2.03%	$1.85	49.48%
2852.KL	Cahya Mata Sarawak Berhad	2.03%	$0.03	28.80%
3788.HK	China Hanking Holdings Limited	2.03%	$0.08	36.16%
4004.SR	Dallah Healthcare Company	2.03%	$2.54	49.37%
601607.SS	Shanghai Pharmaceuticals Holding Co., Ltd	2.03%	$0.36	23.77%

Financial Statements

Periods / Units / Analysis

Fundamentals

Valuations

Miscellaneous

Ticker

Industry

Sector

Exelon Corporation (EXC)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener