DDM Analysis: 034230.KQ

Valuation Snapshot

Stable Growth	$10,953.02 - $17,927.11	$14,064.77
Multi-Stage	$18,846.21 - $20,736.64	$19,773.08
Blended Fair Value	$16,918.93
Current Price	$10,320.00
Upside	63.94%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	0.27%	-13.09%	97.35	0.00	0.00	0.00	96.04	96.04	96.04	288.12	360.15	482.15
YoY Growth	-	-	0.00%	0.00%	0.00%	-100.00%	0.00%	0.00%	-66.67%	-20.00%	-25.30%	21.79%
Dividend Yield	-	-	0.94%	0.00%	0.00%	0.00%	0.58%	0.74%	0.53%	1.37%	2.61%	3.33%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	87,078.55
(-) Cash Dividends Paid (M)	8,634.78
(=) Cash Retained (M)	78,443.78

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	17,415.71	10,884.82	6,530.89
Cash Retained (M)	78,443.78	78,443.78	78,443.78
(-) Cash Required (M)	-17,415.71	-10,884.82	-6,530.89
(=) Excess Retained (M)	61,028.07	67,558.96	71,912.88
(/) Shares Outstanding (M)	88.70	88.70	88.70
(=) Excess Retained per Share	688.05	761.68	810.77
LTM Dividend per Share	97.35	97.35	97.35
(+) Excess Retained per Share	688.05	761.68	810.77
(=) Adjusted Dividend	785.40	859.03	908.12
WACC / Discount Rate	6.98%	6.98%	6.98%
Growth Rate	-0.18%	0.82%	1.82%
Fair Value	$10,953.02	$14,064.77	$17,927.11
Upside / Downside	6.13%	36.29%	73.71%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	87,078.55	87,796.63	88,520.63	89,250.60	89,986.59	90,728.65	93,450.50
Payout Ratio	9.92%	25.93%	41.95%	57.97%	73.98%	90.00%	92.50%
Projected Dividends (M)	8,634.78	22,768.18	37,134.09	51,735.39	66,574.97	81,655.78	86,441.72

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.98%	6.98%	6.98%
Growth Rate	-0.18%	0.82%	1.82%
Year 1 PV (M)	21,071.04	21,282.12	21,493.20
Year 2 PV (M)	31,804.47	32,444.87	33,091.65
Year 3 PV (M)	41,007.25	42,252.02	43,521.72
Year 4 PV (M)	48,836.18	50,822.66	52,869.13
Year 5 PV (M)	55,433.88	58,266.63	61,214.02
PV of Terminal Value (M)	1,473,458.98	1,548,754.89	1,627,097.99
Equity Value (M)	1,671,611.80	1,753,823.18	1,839,287.71
Shares Outstanding (M)	88.70	88.70	88.70
Fair Value	$18,846.21	$19,773.08	$20,736.64
Upside / Downside	82.62%	91.60%	100.94%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 9 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
ATLO	Ames National Corporation	3.84%	$0.87	48.60%
FRME	First Merchants Corporation	3.83%	$1.44	35.39%
PCAR	PACCAR Inc	3.83%	$4.27	83.66%
0HJO.L	AvalonBay Communities, Inc.	3.82%	$6.86	84.26%
FE	FirstEnergy Corp.	3.82%	$1.73	75.49%
LXFR	Luxfer Holdings PLC	3.81%	$0.52	98.38%
LCII	LCI Industries	3.80%	$4.72	64.48%
NEN	New England Realty Associates Limited Partnership	3.78%	$2.44	73.23%
PAYX	Paychex, Inc.	3.78%	$4.10	91.97%
RGCO	RGC Resources, Inc.	3.78%	$0.81	63.02%
UBSI	United Bankshares, Inc.	3.78%	$1.45	48.05%
SLVM	Sylvamo Corporation	3.77%	$1.80	41.11%
CAC	Camden National Corporation	3.75%	$1.61	47.99%
ARCH	Arch Resources, Inc.	3.74%	$5.04	50.87%
USB	U.S. Bancorp	3.74%	$2.02	43.68%
WSR	Whitestone REIT	3.74%	$0.52	60.32%
FDBC	Fidelity D & D Bancorp, Inc.	3.73%	$1.61	35.71%
WNC	Wabash National Corporation	3.73%	$0.33	5.38%
VLY	Valley National Bancorp	3.72%	$0.43	47.26%
GHLD	Guild Holdings Company	3.71%	$0.74	36.91%
FNF	Fidelity National Financial, Inc.	3.69%	$2.00	46.79%
IPAR	Inter Parfums, Inc.	3.68%	$3.15	61.47%
WSBF	Waterstone Financial, Inc.	3.68%	$0.61	45.57%
AROW	Arrow Financial Corporation	3.66%	$1.15	54.67%
ASIX	AdvanSix Inc.	3.66%	$0.63	32.72%
ASRV	AmeriServ Financial, Inc.	3.66%	$0.12	78.81%
CVGW	Calavo Growers, Inc.	3.66%	$0.80	71.92%
OXY	Occidental Petroleum Corporation	3.65%	$1.55	75.62%
FMAO	Farmers & Merchants Bancorp, Inc.	3.64%	$0.89	37.59%
LNKB	LINKBANCORP, Inc.	3.64%	$0.30	29.21%
BHRB	Burke & Herbert Bank & Trust Company	3.63%	$2.24	31.71%
EOG	EOG Resources, Inc.	3.63%	$3.90	38.34%
FITB	Fifth Third Bancorp	3.61%	$1.72	47.89%
LNC	Lincoln National Corporation	3.61%	$1.63	14.98%
MCBS	MetroCity Bankshares, Inc.	3.61%	$0.95	36.60%
OZK	Bank OZK	3.61%	$1.70	26.69%
PCB	PCB Bancorp	3.61%	$0.78	31.72%
SFD	SMITHFIELD FOODS INC	3.60%	$0.80	36.46%
0HOB.L	H&R Block, Inc.	3.59%	$1.54	33.12%
ASB	Associated Banc-Corp	3.59%	$0.92	87.56%
PLOW	Douglas Dynamics, Inc.	3.59%	$1.18	66.47%
EXC	Exelon Corporation	3.58%	$1.57	56.50%
MC	Moelis & Company	3.58%	$2.55	85.89%
TIPT	Tiptree Inc.	3.57%	$0.64	49.10%
BPRN	Princeton Bancorp, Inc.	3.56%	$1.20	46.56%
EVRG	Evergy, Inc.	3.56%	$2.60	71.71%
CZFS	Citizens Financial Services, Inc.	3.55%	$1.97	27.82%
CNO-PA	CNO Financial Group, Inc. 5.125	3.54%	$0.67	22.53%
NBTB	NBT Bancorp Inc.	3.54%	$1.47	46.30%
0JQQ.L	Archer-Daniels-Midland Company	3.53%	$2.03	82.76%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Paradise Co., Ltd. (034230.KQ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener