Dividend Discount Models Snapshot
| Model | Range | Selected |
|---|---|---|
| Stable Growth DDM | $67.79 - $186.06 | $104.68 |
| Multi-Stage DDM | $40.88 - $44.69 | $42.75 |
| Blended Fair Value | $73.71 | |
| Stock Price | $442.00 | |
Dividend History (Last 10 Years)
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| DPS | 0.026 | 0.025 | 0.014 | 0.000 | 0.000 |
| YoY % | 4.63% | 80.61% | 6,014.29% | 0.00% | 0.00% |
| Yield | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% |
| CAGR | Value |
|---|---|
| 5 Year | 0.00% |
| 10 Year | 0.00% |
Discounted Dividend Model - Stable Growth
| Metric | Range | Selected |
|---|---|---|
| LT Growth | 5.50% to 7.50% | 6.50% |
| WACC | 9.00% | 9.00% |
| Fair Value | $67.79 - $186.06 | $104.68 |
Calculation Details (Millions)
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| Required Retention Ratio | 20.0% | 12.5% | 7.5% |
| (*) Adjusted Net Income | 9.02 | 9.02 | 9.02 |
| (=) Cash Required | 1.80 | 1.13 | 0.68 |
| (=) Excess Retained per Share | 2.22 | 2.43 | 2.57 |
| LTM Dividend per Share | 0.026 | 0.026 | 0.026 |
| (=) Adjusted Dividend | 2.249 | 2.457 | 2.596 |
Multi-Stage Projections (BASE Case - Millions)
| Metric | TTM | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|---|
| Net Income | 9.02 | 9.61 | 10.23 | 10.90 | 11.61 | 12.36 |
| Projected Dividends | 0.09 | 2.40 | 4.20 | 6.21 | 8.47 | 11.13 |
Multi-Stage Valuation (Millions)
| Present Values | LOW | BASE | HIGH |
|---|---|---|---|
| Year 1 PV | 2.28 | 2.30 | 2.32 |
| Year 2 PV | 3.62 | 3.69 | 3.76 |
| Year 3 PV | 4.87 | 5.01 | 5.15 |
| Year 4 PV | 6.04 | 6.27 | 6.51 |
| Year 5 PV | 7.20 | 7.55 | 7.91 |
| TV PV | 108.77 | 114.03 | 119.48 |
| Equity Value | 132.78 | 138.84 | 145.13 |
| Fair Value | $40.88 | $42.75 | $44.69 |
Top Dividend Stocks
| Ticker | Company Name | Yield % | DPS | Payout % |
|---|