DDM Analysis: STBP3.SA

Valuation Snapshot

Stable Growth	$158.99 - $187.31	$175.54
Multi-Stage	$55.31 - $60.60	$57.91
Blended Fair Value	$116.72
Current Price	$13.83
Upside	743.99%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	198.28%	18.85%	0.77	0.36	0.76	0.12	0.01	0.00	0.00	0.00	0.00	0.06
YoY Growth	-	-	114.95%	-52.59%	525.90%	796.93%	312.72%	36.98%	0.00%	-100.00%	-92.20%	-54.07%
Dividend Yield	-	-	5.81%	3.35%	12.10%	2.21%	0.29%	0.11%	0.09%	0.00%	0.32%	6.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	814.29
(-) Cash Dividends Paid (M)	637.65
(=) Cash Retained (M)	176.64

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	162.86	101.79	61.07
Cash Retained (M)	176.64	176.64	176.64
(-) Cash Required (M)	-162.86	-101.79	-61.07
(=) Excess Retained (M)	13.78	74.85	115.56
(/) Shares Outstanding (M)	864.55	864.55	864.55
(=) Excess Retained per Share	0.02	0.09	0.13
LTM Dividend per Share	0.74	0.74	0.74
(+) Excess Retained per Share	0.02	0.09	0.13
(=) Adjusted Dividend	0.75	0.82	0.87
WACC / Discount Rate	4.81%	4.81%	4.81%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$158.99	$175.54	$187.31
Upside / Downside	1,049.58%	1,169.27%	1,254.40%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	814.29	867.22	923.59	983.62	1,047.55	1,115.65	1,149.11
Payout Ratio	78.31%	80.65%	82.98%	85.32%	87.66%	90.00%	92.50%
Projected Dividends (M)	637.65	699.38	766.44	839.26	918.30	1,004.08	1,062.93

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	4.81%	4.81%	4.81%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	661.01	667.28	673.54
Year 2 PV (M)	684.65	697.70	710.86
Year 3 PV (M)	708.58	728.92	749.64
Year 4 PV (M)	732.79	760.97	789.95
Year 5 PV (M)	757.28	793.86	831.84
PV of Terminal Value (M)	44,276.73	46,415.31	48,635.74
Equity Value (M)	47,821.04	50,064.02	52,391.57
Shares Outstanding (M)	864.55	864.55	864.55
Fair Value	$55.31	$57.91	$60.60
Upside / Downside	299.95%	318.71%	338.18%

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

Santos Brasil Participações S.A. (STBP3.SA)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener