DDM Analysis: LSTR

Valuation Snapshot

Stable Growth	$54.33 - $96.85	$72.24
Multi-Stage	$69.64 - $76.07	$72.80
Blended Fair Value	$72.52
Current Price	$122.10
Upside	-40.61%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	33.99%	15.87%	3.44	3.35	3.31	3.20	3.13	0.80	2.54	0.46	0.41	1.65
YoY Growth	-	-	2.86%	1.26%	3.31%	2.24%	292.61%	-68.63%	457.90%	11.21%	-75.24%	109.67%
Dividend Yield	-	-	2.34%	1.74%	1.84%	2.08%	1.85%	0.86%	2.32%	0.42%	0.48%	2.48%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	137.26
(-) Cash Dividends Paid (M)	123.82
(=) Cash Retained (M)	13.44

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	27.45	17.16	10.29
Cash Retained (M)	13.44	13.44	13.44
(-) Cash Required (M)	-27.45	-17.16	-10.29
(=) Excess Retained (M)	-14.01	-3.72	3.15
(/) Shares Outstanding (M)	35.00	35.00	35.00
(=) Excess Retained per Share	-0.40	-0.11	0.09
LTM Dividend per Share	3.54	3.54	3.54
(+) Excess Retained per Share	-0.40	-0.11	0.09
(=) Adjusted Dividend	3.14	3.43	3.63
WACC / Discount Rate	8.16%	8.16%	8.16%
Growth Rate	2.26%	3.26%	4.26%
Fair Value	$54.33	$72.24	$96.85
Upside / Downside	-55.50%	-40.84%	-20.68%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	137.26	141.73	146.34	151.11	156.03	161.11	165.94
Payout Ratio	90.21%	90.17%	90.12%	90.08%	90.04%	90.00%	92.50%
Projected Dividends (M)	123.82	127.79	131.89	136.12	140.49	145.00	153.50

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.16%	8.16%	8.16%
Growth Rate	2.26%	3.26%	4.26%
Year 1 PV (M)	117.00	118.15	119.29
Year 2 PV (M)	110.56	112.73	114.93
Year 3 PV (M)	104.48	107.57	110.73
Year 4 PV (M)	98.73	102.65	106.68
Year 5 PV (M)	93.29	97.95	102.78
PV of Terminal Value (M)	1,913.13	2,008.52	2,107.68
Equity Value (M)	2,437.19	2,547.57	2,662.09
Shares Outstanding (M)	35.00	35.00	35.00
Fair Value	$69.64	$72.80	$76.07
Upside / Downside	-42.96%	-40.38%	-37.70%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 90 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
688267.SS	China Catalyst Holding Co., Ltd.	1.26%	$0.35	34.87%
8848.T	Leopalace21 Corporation	1.26%	$8.31	27.11%
BAUH4.SA	Excelsior Alimentos S.A.	1.26%	$1.17	21.88%
CAST.ST	Castellum AB (publ)	1.26%	$1.33	21.53%
CRH	CRH plc	1.26%	$1.60	33.62%
HBEL.BO	Humming Bird Education Limited	1.26%	$0.30	36.54%
JCI	Johnson Controls International plc	1.26%	$1.54	56.71%
KOG.OL	Kongsberg Gruppen ASA	1.26%	$3.40	42.40%
OEM-B.ST	OEM International AB (publ)	1.26%	$1.74	40.26%
SAREGAMA.BO	Saregama India Limited	1.26%	$4.51	42.77%
SDPC.JK	PT Millennium Pharmacon International Tbk	1.26%	$2.00	15.16%
002448.SZ	ZYNP Corporation	1.25%	$0.16	32.06%
0QLU.L	Basler Kantonalbank	1.25%	$1.11	12.42%
145720.KS	Dentium Co. Ltd.	1.25%	$599.51	9.81%
204320.KS	Mando Corporation	1.25%	$820.37	29.46%
3684.TWO	Grand-Tek Technology Co., Ltd.	1.25%	$0.80	29.94%
5819.KL	Hong Leong Bank Berhad	1.25%	$0.28	13.43%
600633.SS	Zhejiang Daily Digital Culture Group Co.,Ltd.	1.25%	$0.16	35.54%
600850.SS	CETC Digital Technology Co.,Ltd.	1.25%	$0.37	49.83%
603329.SS	Shanghai Ace Investment & Development Co., Ltd.	1.25%	$0.14	79.14%
603920.SS	Olympic Circuit Technology Co., Ltd	1.25%	$0.61	53.40%
6632.T	JVCKENWOOD Corporation	1.25%	$15.03	12.26%
9717.T	JASTEC Co., Ltd.	1.25%	$24.25	22.00%
9719.T	SCSK Corporation	1.25%	$70.95	36.13%
ENTER.AT	Entersoft S.A.	1.25%	$0.10	20.30%
ETN	Eaton Corporation plc	1.25%	$4.08	40.54%
IRFC.BO	Indian Railway Finance Corporation Limited	1.25%	$1.60	30.59%
LVC.WA	LiveChat Software S.A.	1.25%	$1.46	20.71%
ORSTED.CO	Ørsted A/S	1.25%	$1.60	10.19%
000514.SZ	Chongqing Yukaifa Co., Ltd	1.24%	$0.06	55.20%
002346.SZ	Shanghai Zhezhong Group Co.,Ltd	1.24%	$0.25	18.48%
002748.SZ	Jiangxi Selon Industrial Co., Ltd.	1.24%	$0.16	89.09%
1976.T	MEISEI INDUSTRIAL Co.,Ltd.	1.24%	$21.03	12.53%
300763.SZ	Ginlong Technologies Co., Ltd.	1.24%	$0.88	39.17%
600871.SS	Sinopec Oilfield Service Corporation	1.24%	$0.03	81.02%
603585.SS	Suli Co., Ltd.	1.24%	$0.23	35.70%
605116.SS	Aurisco Pharmaceutical Co.,Ltd.	1.24%	$0.31	29.49%
ALWED.PA	Wedia S.A.	1.24%	$0.38	21.38%
MNC.WA	Mennica Polska S.A.	1.24%	$0.60	6.22%
MTHH.CO	MT Højgaard Holding A/S	1.24%	$6.49	19.74%
WALL-B.ST	Wallenstam AB (publ)	1.24%	$0.51	17.40%
WRT1V.HE	Wärtsilä Oyj Abp	1.24%	$0.38	40.46%
041830.KQ	InBody Co.,Ltd	1.23%	$400.00	16.47%
0QHK.L	SeSa S.p.A.	1.23%	$1.12	27.54%
0Y5C.L	Allegion plc	1.23%	$1.99	26.83%
300726.SZ	Zhuzhou Hongda Electronics Corp.,Ltd.	1.23%	$0.63	74.98%
300916.SZ	Shenzhen Longtech Smart Control Co., Ltd.	1.23%	$0.40	42.79%
4148.TW	All Cosmos Bio-Tech Holding Corporation	1.23%	$0.48	23.21%
544.SI	CSE Global Limited	1.23%	$0.01	26.84%
600104.SS	SAIC Motor Corporation Limited	1.23%	$0.19	75.02%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Landstar System, Inc. (LSTR)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener