DDM Analysis: 600958.SS

Valuation Snapshot

Stable Growth	$34.99 - $119.02	$111.52
Multi-Stage	$30.92 - $33.94	$32.40
Blended Fair Value	$71.96
Current Price	$11.44
Upside	529.03%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	1.12%	17.23%	0.53	0.46	0.62	0.56	0.52	0.50	0.57	0.51	0.56	0.29
YoY Growth	-	-	14.52%	-25.35%	10.66%	8.35%	3.14%	-11.99%	12.69%	-9.68%	94.52%	166.17%
Dividend Yield	-	-	5.62%	5.57%	6.34%	5.21%	5.95%	5.61%	4.78%	4.15%	3.89%	1.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	5,158.51
(-) Cash Dividends Paid (M)	3,262.86
(=) Cash Retained (M)	1,895.65

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,031.70	644.81	386.89
Cash Retained (M)	1,895.65	1,895.65	1,895.65
(-) Cash Required (M)	-1,031.70	-644.81	-386.89
(=) Excess Retained (M)	863.95	1,250.84	1,508.76
(/) Shares Outstanding (M)	8,455.13	8,455.13	8,455.13
(=) Excess Retained per Share	0.10	0.15	0.18
LTM Dividend per Share	0.39	0.39	0.39
(+) Excess Retained per Share	0.10	0.15	0.18
(=) Adjusted Dividend	0.49	0.53	0.56
WACC / Discount Rate	4.90%	4.90%	4.90%
Growth Rate	3.45%	4.45%	5.45%
Fair Value	$34.99	$111.52	$119.02
Upside / Downside	205.83%	874.85%	940.42%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	5,158.51	5,388.22	5,628.16	5,878.78	6,140.57	6,414.01	6,606.43
Payout Ratio	63.25%	68.60%	73.95%	79.30%	84.65%	90.00%	92.50%
Projected Dividends (M)	3,262.86	3,696.40	4,162.09	4,661.92	5,198.01	5,772.61	6,110.95

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	4.90%	4.90%	4.90%
Growth Rate	3.45%	4.45%	5.45%
Year 1 PV (M)	3,490.13	3,523.86	3,557.60
Year 2 PV (M)	3,710.53	3,782.61	3,855.38
Year 3 PV (M)	3,924.20	4,039.10	4,156.22
Year 4 PV (M)	4,131.29	4,293.36	4,460.15
Year 5 PV (M)	4,331.95	4,545.40	4,767.19
PV of Terminal Value (M)	241,835.98	253,752.33	266,133.86
Equity Value (M)	261,424.07	273,936.67	286,930.41
Shares Outstanding (M)	8,455.13	8,455.13	8,455.13
Fair Value	$30.92	$32.40	$33.94
Upside / Downside	170.27%	183.21%	196.64%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 80 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
301151.SZ	Shanghai Karon Eco-Valve Manufacturing Co., Ltd.	1.64%	$0.31	64.22%
4912.T	Lion Corporation	1.64%	$27.13	35.97%
5328.TWO	Hua Jung Components Co.,Ltd.	1.64%	$0.35	73.35%
600256.SS	Guanghui Energy Co., Ltd.	1.64%	$0.08	26.14%
605365.SS	Leedarson IoT Technology Inc.	1.64%	$0.44	81.91%
6244.TWO	Motech Industries Inc.	1.64%	$0.34	98.50%
6367.T	Daikin Industries,Ltd.	1.64%	$330.12	35.31%
6383.T	Daifuku Co., Ltd.	1.64%	$80.66	36.37%
6454.T	Max Co., Ltd.	1.64%	$113.15	45.27%
LSS.PA	Lectra S.A.	1.64%	$0.41	50.95%
MEVA.AT	Mevaco S.A.	1.64%	$0.15	13.50%
MOVI3.SA	Movida Participações S.A.	1.64%	$0.16	19.79%
SRSOLTD.BO	Silicon Rental Solutions Ltd.	1.64%	$1.90	9.23%
002266.SZ	Zhefu Holding Group Co., Ltd.	1.63%	$0.07	37.41%
0GDU.L	Paradox Interactive AB (publ)	1.63%	$5.00	82.82%
300121.SZ	Shandong Yanggu Huatai Chemical Co., Ltd.	1.63%	$0.21	53.84%
603013.SS	YAPP Automotive Systems Co., Ltd.	1.63%	$0.40	37.85%
603081.SS	Zhejiang Dafeng Industry Co., Ltd	1.63%	$0.23	92.61%
603194.SS	Zhejiang E-P Equipment Co Ltd	1.63%	$0.64	29.27%
603221.SS	Elegant Home-Tech Co., Ltd.	1.63%	$0.21	78.59%
BEI.DE	Beiersdorf AG	1.63%	$1.52	25.19%
CLD.WA	Cloud Technologies S.A.	1.63%	$1.14	92.28%
IVS.MI	IVS Group S.A.	1.63%	$0.12	62.72%
LDO.MI	Leonardo S.p.A.	1.63%	$0.84	33.82%
MEOH	Methanex Corporation	1.63%	$0.67	24.08%
PARKIN.AE	Parkin Company PJSC	1.63%	$0.09	49.98%
051900.KS	LG H&H Co., Ltd.	1.62%	$4,377.83	70.74%
0F4O.L	Lotus Bakeries N.V.	1.62%	$133.75	36.00%
300206.SZ	Edan Instruments, Inc.	1.62%	$0.21	48.61%
5393.T	Nichias Corporation	1.62%	$110.01	23.11%
603385.SS	Huida Sanitary Ware Co., Ltd.	1.62%	$0.11	69.37%
605050.SS	Friend Co.,Ltd.	1.62%	$0.22	30.01%
7378.T	ASIRO Inc.	1.62%	$23.93	20.21%
BPAC11.SA	Banco BTG Pactual S.A.	1.62%	$0.84	27.38%
GRMN	Garmin Ltd.	1.62%	$3.28	40.42%
RUBFILA.BO	Rubfila International Limited	1.62%	$1.20	22.45%
VALO.BA	Banco de Valores S.A.	1.62%	$8.91	22.52%
WAS.WA	Wasko S.A.	1.62%	$0.03	19.20%
002152.SZ	GRG Banking Equipment Co., Ltd.	1.61%	$0.22	65.18%
002457.SZ	Ningxia Qinglong Pipes Industry Group Co., Ltd.	1.61%	$0.18	28.21%
002913.SZ	Aoshikang Technology Co., Ltd.	1.61%	$0.69	60.58%
007570.KS	Ilyang Pharmaceutical Co.,Ltd	1.61%	$210.74	33.61%
066570.KS	LG Electronics Inc.	1.61%	$1,472.83	36.12%
603181.SS	Zhejiang Huangma Technology Co.,Ltd	1.61%	$0.23	29.53%
603416.SS	WuXi Xinje Electric Co.,Ltd.	1.61%	$0.89	59.24%
ABB.AX	Aussie Broadband Limited	1.61%	$0.08	39.83%
H22.SI	Hong Leong Asia Ltd.	1.61%	$0.04	31.75%
MATAS.CO	Matas A/S	1.61%	$2.00	26.57%
SRSN.JK	PT Indo Acidatama Tbk	1.61%	$1.00	12.49%
000050.KS	Kyungbangco.Ltd	1.60%	$149.61	11.55%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Orient Securities Company Limited (600958.SS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener