DDM Analysis: NIL-B.ST

Valuation Snapshot

Stable Growth	$149.74 - $584.69	$254.04
Multi-Stage	$144.66 - $158.66	$151.53
Blended Fair Value	$202.78
Current Price	$51.90
Upside	290.72%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-24.21%	-10.40%	1.00	5.06	5.00	2.00	0.00	4.00	4.00	3.60	3.00	3.50
YoY Growth	-	-	-80.24%	1.20%	149.98%	0.00%	-100.00%	0.00%	11.11%	20.00%	-14.29%	16.67%
Dividend Yield	-	-	1.64%	7.31%	6.94%	2.01%	0.00%	16.26%	5.47%	4.11%	3.52%	7.94%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	59.09
(-) Cash Dividends Paid (M)	17.10
(=) Cash Retained (M)	41.98

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	11.82	7.39	4.43
Cash Retained (M)	41.98	41.98	41.98
(-) Cash Required (M)	-11.82	-7.39	-4.43
(=) Excess Retained (M)	30.17	34.60	37.55
(/) Shares Outstanding (M)	11.40	11.40	11.40
(=) Excess Retained per Share	2.65	3.03	3.29
LTM Dividend per Share	1.50	1.50	1.50
(+) Excess Retained per Share	2.65	3.03	3.29
(=) Adjusted Dividend	4.15	4.53	4.79
WACC / Discount Rate	6.33%	6.33%	6.33%
Growth Rate	3.47%	4.47%	5.47%
Fair Value	$149.74	$254.04	$584.69
Upside / Downside	188.51%	389.48%	1,026.56%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	59.09	61.73	64.49	67.37	70.38	73.53	75.73
Payout Ratio	28.94%	41.16%	53.37%	65.58%	77.79%	90.00%	92.50%
Projected Dividends (M)	17.10	25.40	34.41	44.18	54.75	66.17	70.05

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.33%	6.33%	6.33%
Growth Rate	3.47%	4.47%	5.47%
Year 1 PV (M)	23.66	23.89	24.12
Year 2 PV (M)	29.86	30.44	31.02
Year 3 PV (M)	35.70	36.74	37.81
Year 4 PV (M)	41.21	42.82	44.49
Year 5 PV (M)	46.39	48.68	51.05
PV of Terminal Value (M)	1,472.59	1,545.14	1,620.52
Equity Value (M)	1,649.40	1,727.71	1,809.00
Shares Outstanding (M)	11.40	11.40	11.40
Fair Value	$144.66	$151.53	$158.66
Upside / Downside	178.73%	191.96%	205.70%

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

Analysis Mode

Ticker

Industry

Sector

Nilörngruppen AB (NIL-B.ST)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener