DDM Analysis: 077970.KS

Valuation Snapshot

Stable Growth	$96,585.62 - $293,765.87	$275,199.01
Multi-Stage	$141,802.34 - $156,207.26	$148,864.91
Blended Fair Value	$212,031.96
Current Price	$21,500.00
Upside	886.20%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	60.44%	0.00%	330.09	31.05	31.13	31.05	31.05	31.05	0.00	0.00	0.00	0.00
YoY Growth	-	-	963.20%	-0.27%	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Dividend Yield	-	-	1.59%	0.24%	0.24%	0.24%	0.39%	0.72%	0.00%	0.00%	0.00%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	46,672.05
(-) Cash Dividends Paid (M)	7,523.52
(=) Cash Retained (M)	39,148.53

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	9,334.41	5,834.01	3,500.40
Cash Retained (M)	39,148.53	39,148.53	39,148.53
(-) Cash Required (M)	-9,334.41	-5,834.01	-3,500.40
(=) Excess Retained (M)	29,814.12	33,314.52	35,648.13
(/) Shares Outstanding (M)	30.39	30.39	30.39
(=) Excess Retained per Share	981.06	1,096.24	1,173.03
LTM Dividend per Share	247.57	247.57	247.57
(+) Excess Retained per Share	981.06	1,096.24	1,173.03
(=) Adjusted Dividend	1,228.63	1,343.81	1,420.60
WACC / Discount Rate	2.68%	2.68%	2.68%
Growth Rate	1.39%	2.39%	3.39%
Fair Value	$96,585.62	$275,199.01	$293,765.87
Upside / Downside	349.24%	1,180.00%	1,266.35%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	46,672.05	47,789.83	48,934.38	50,106.34	51,306.36	52,535.13	54,111.18
Payout Ratio	16.12%	30.90%	45.67%	60.45%	75.22%	90.00%	92.50%
Projected Dividends (M)	7,523.52	14,765.14	22,349.30	30,288.27	38,594.69	47,281.61	50,052.84

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	2.68%	2.68%	2.68%
Growth Rate	1.39%	2.39%	3.39%
Year 1 PV (M)	14,238.66	14,379.09	14,519.52
Year 2 PV (M)	20,783.92	21,195.90	21,611.93
Year 3 PV (M)	27,162.51	27,974.12	28,801.75
Year 4 PV (M)	33,377.57	34,713.91	36,089.99
Year 5 PV (M)	39,432.22	41,415.44	43,477.66
PV of Terminal Value (M)	4,174,338.29	4,384,284.26	4,602,593.81
Equity Value (M)	4,309,333.17	4,523,962.73	4,747,094.66
Shares Outstanding (M)	30.39	30.39	30.39
Fair Value	$141,802.34	$148,864.91	$156,207.26
Upside / Downside	559.55%	592.39%	626.55%

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

STX Engine Co.,Ltd. (077970.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener