DDM Analysis: UMG.AS

Valuation Snapshot

Stable Growth	$15.10 - $21.52	$18.25
Multi-Stage	$24.09 - $26.41	$25.23
Blended Fair Value	$21.74
Current Price	$27.48
Upside	-20.89%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018
DPS	-1.42%	0.00%	0.50	0.50	0.43	0.42	0.15	0.54	0.53	0.00	0.00	0.00
YoY Growth	-	-	0.43%	16.42%	1.66%	177.39%	-71.76%	2.14%	0.00%	0.00%	0.00%	0.00%
Dividend Yield	-	-	2.03%	1.94%	1.91%	1.70%	0.61%	2.15%	2.10%	0.00%	0.00%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	4,152.00
(-) Cash Dividends Paid (M)	1,867.00
(=) Cash Retained (M)	2,285.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	830.40	519.00	311.40
Cash Retained (M)	2,285.00	2,285.00	2,285.00
(-) Cash Required (M)	-830.40	-519.00	-311.40
(=) Excess Retained (M)	1,454.60	1,766.00	1,973.60
(/) Shares Outstanding (M)	1,858.89	1,858.89	1,858.89
(=) Excess Retained per Share	0.78	0.95	1.06
LTM Dividend per Share	1.00	1.00	1.00
(+) Excess Retained per Share	0.78	0.95	1.06
(=) Adjusted Dividend	1.79	1.95	2.07
WACC / Discount Rate	9.60%	9.60%	9.60%
Growth Rate	-2.00%	-1.00%	0.00%
Fair Value	$15.10	$18.25	$21.52
Upside / Downside	-45.06%	-33.57%	-21.68%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	4,152.00	4,110.48	4,069.38	4,028.68	3,988.39	3,948.51	4,066.97
Payout Ratio	44.97%	53.97%	62.98%	71.99%	80.99%	90.00%	92.50%
Projected Dividends (M)	1,867.00	2,218.55	2,562.88	2,900.11	3,230.33	3,553.66	3,761.94

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.60%	9.60%	9.60%
Growth Rate	-2.00%	-1.00%	0.00%
Year 1 PV (M)	2,003.79	2,024.24	2,044.68
Year 2 PV (M)	2,090.71	2,133.60	2,176.92
Year 3 PV (M)	2,136.79	2,202.87	2,270.30
Year 4 PV (M)	2,149.70	2,238.79	2,330.63
Year 5 PV (M)	2,135.94	2,247.16	2,362.97
PV of Terminal Value (M)	34,262.64	36,046.78	37,904.47
Equity Value (M)	44,779.57	46,893.44	49,089.98
Shares Outstanding (M)	1,858.89	1,858.89	1,858.89
Fair Value	$24.09	$25.23	$26.41
Upside / Downside	-12.34%	-8.20%	-3.90%

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

Universal Music Group N.V. (UMG.AS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener