DDM Analysis: ITE.JO

Valuation Snapshot

Stable Growth	$25.94 - $40.64	$32.69
Multi-Stage	$24.24 - $26.25	$25.23
Blended Fair Value	$28.96
Current Price	$10.02
Upside	189.02%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	1.57%	22.60%	1.31	0.51	0.66	1.18	0.47	1.21	0.75	0.28	0.24	0.23
YoY Growth	-	-	158.25%	-22.80%	-44.09%	151.16%	-61.40%	61.07%	165.19%	16.10%	4.66%	36.76%
Dividend Yield	-	-	13.09%	4.38%	5.06%	8.40%	2.81%	10.55%	5.09%	2.15%	2.01%	1.75%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	2,956.00
(-) Cash Dividends Paid (M)	2,515.00
(=) Cash Retained (M)	441.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	591.20	369.50	221.70
Cash Retained (M)	441.00	441.00	441.00
(-) Cash Required (M)	-591.20	-369.50	-221.70
(=) Excess Retained (M)	-150.20	71.50	219.30
(/) Shares Outstanding (M)	1,193.63	1,193.63	1,193.63
(=) Excess Retained per Share	-0.13	0.06	0.18
LTM Dividend per Share	2.11	2.11	2.11
(+) Excess Retained per Share	-0.13	0.06	0.18
(=) Adjusted Dividend	1.98	2.17	2.29
WACC / Discount Rate	13.56%	13.56%	13.56%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$25.94	$32.69	$40.64
Upside / Downside	158.84%	226.27%	305.61%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	2,956.00	3,148.14	3,352.77	3,570.70	3,802.79	4,049.98	4,171.48
Payout Ratio	85.08%	86.06%	87.05%	88.03%	89.02%	90.00%	92.50%
Projected Dividends (M)	2,515.00	2,709.45	2,918.54	3,143.37	3,385.10	3,644.98	3,858.61

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	13.56%	13.56%	13.56%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	2,363.53	2,385.94	2,408.34
Year 2 PV (M)	2,220.90	2,263.20	2,305.90
Year 3 PV (M)	2,086.60	2,146.50	2,207.53
Year 4 PV (M)	1,960.18	2,035.57	2,113.10
Year 5 PV (M)	1,841.20	1,930.13	2,022.46
PV of Terminal Value (M)	18,459.19	19,350.77	20,276.48
Equity Value (M)	28,931.60	30,112.10	31,333.82
Shares Outstanding (M)	1,193.63	1,193.63	1,193.63
Fair Value	$24.24	$25.23	$26.25
Upside / Downside	141.90%	151.77%	161.98%

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

Italtile Limited (ITE.JO)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener