DDM Analysis: CUP-U.TO

Valuation Snapshot

Stable Growth	$21.90 - $49.67	$31.83
Multi-Stage	$42.94 - $47.19	$45.02
Blended Fair Value	$38.43
Current Price	$13.31
Upside	188.72%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	2.40%	3.09%	0.68	0.62	0.61	0.61	0.62	0.60	0.59	0.58	0.57	0.55
YoY Growth	-	-	9.07%	2.48%	-0.25%	-2.06%	3.13%	1.51%	2.91%	1.72%	4.04%	8.88%
Dividend Yield	-	-	5.12%	4.38%	4.33%	4.02%	4.14%	4.23%	3.92%	4.26%	4.22%	5.03%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	45.48
(-) Cash Dividends Paid (M)	29.18
(=) Cash Retained (M)	16.30

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	9.10	5.68	3.41
Cash Retained (M)	16.30	16.30	16.30
(-) Cash Required (M)	-9.10	-5.68	-3.41
(=) Excess Retained (M)	7.20	10.62	12.89
(/) Shares Outstanding (M)	40.31	40.31	40.31
(=) Excess Retained per Share	0.18	0.26	0.32
LTM Dividend per Share	0.72	0.72	0.72
(+) Excess Retained per Share	0.18	0.26	0.32
(=) Adjusted Dividend	0.90	0.99	1.04
WACC / Discount Rate	5.25%	5.25%	5.25%
Growth Rate	1.09%	2.09%	3.09%
Fair Value	$21.90	$31.83	$49.67
Upside / Downside	64.55%	139.16%	273.16%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	45.48	46.43	47.40	48.39	49.40	50.43	51.94
Payout Ratio	64.16%	69.33%	74.50%	79.66%	84.83%	90.00%	92.50%
Projected Dividends (M)	29.18	32.19	35.31	38.55	41.90	45.39	48.05

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	5.25%	5.25%	5.25%
Growth Rate	1.09%	2.09%	3.09%
Year 1 PV (M)	30.28	30.58	30.88
Year 2 PV (M)	31.25	31.87	32.50
Year 3 PV (M)	32.10	33.06	34.04
Year 4 PV (M)	32.82	34.14	35.50
Year 5 PV (M)	33.45	35.13	36.89
PV of Terminal Value (M)	1,570.80	1,650.04	1,732.46
Equity Value (M)	1,730.69	1,814.83	1,902.26
Shares Outstanding (M)	40.31	40.31	40.31
Fair Value	$42.94	$45.02	$47.19
Upside / Downside	222.59%	238.28%	254.57%

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

Caribbean Utilities Company, Ltd. (CUP-U.TO)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener