DDM Analysis: PZU.WA

Valuation Snapshot

Stable Growth	$304.78 - $1,411.07	$685.31
Multi-Stage	$164.34 - $179.52	$171.79
Blended Fair Value	$428.55
Current Price	$63.00
Upside	580.24%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	9.16%	9.83%	4.34	2.40	1.94	3.50	0.00	2.80	2.50	1.40	2.08	4.70
YoY Growth	-	-	80.89%	23.70%	-44.57%	0.00%	-100.00%	12.00%	78.58%	-32.68%	-55.75%	176.47%
Dividend Yield	-	-	7.75%	4.93%	5.53%	10.34%	0.00%	8.94%	6.13%	3.35%	5.98%	13.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	6,126.00
(-) Cash Dividends Paid (M)	3,748.00
(=) Cash Retained (M)	2,378.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,225.20	765.75	459.45
Cash Retained (M)	2,378.00	2,378.00	2,378.00
(-) Cash Required (M)	-1,225.20	-765.75	-459.45
(=) Excess Retained (M)	1,152.80	1,612.25	1,918.55
(/) Shares Outstanding (M)	863.39	863.39	863.39
(=) Excess Retained per Share	1.34	1.87	2.22
LTM Dividend per Share	4.34	4.34	4.34
(+) Excess Retained per Share	1.34	1.87	2.22
(=) Adjusted Dividend	5.68	6.21	6.56
WACC / Discount Rate	7.46%	7.46%	7.46%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$304.78	$685.31	$1,411.07
Upside / Downside	383.78%	987.79%	2,139.80%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	6,126.00	6,524.19	6,948.26	7,399.90	7,880.89	8,393.15	8,644.95
Payout Ratio	61.18%	66.95%	72.71%	78.47%	84.24%	90.00%	92.50%
Projected Dividends (M)	3,748.00	4,367.65	5,052.02	5,806.90	6,638.58	7,553.84	7,996.57

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.46%	7.46%	7.46%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	4,026.10	4,064.26	4,102.42
Year 2 PV (M)	4,292.78	4,374.54	4,457.08
Year 3 PV (M)	4,548.36	4,678.92	4,811.96
Year 4 PV (M)	4,793.15	4,977.49	5,167.08
Year 5 PV (M)	5,027.48	5,270.31	5,522.43
PV of Terminal Value (M)	119,202.26	124,959.77	130,937.64
Equity Value (M)	141,890.12	148,325.29	154,998.62
Shares Outstanding (M)	863.39	863.39	863.39
Fair Value	$164.34	$171.79	$179.52
Upside / Downside	160.86%	172.69%	184.96%

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

Powszechny Zaklad Ubezpieczen S.A. (PZU.WA)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener