Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

PT Bank Maybank Indonesia Tbk (BNII.JK)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$172.46 - $259.25$213.52
Multi-Stage$357.46 - $393.62$375.19
Blended Fair Value$294.35
Current Price$202.00
Upside45.72%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS9.26%0.00%10.297.726.473.324.836.614.735.110.000.00
YoY Growth--33.33%19.24%94.85%-31.27%-26.87%39.66%-7.38%0.00%0.00%0.00%
Dividend Yield--5.42%3.04%2.81%1.09%1.34%4.79%1.75%1.88%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,563,233.00
(-) Cash Dividends Paid (M)446,335.00
(=) Cash Retained (M)1,116,898.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)312,646.60195,404.13117,242.48
Cash Retained (M)1,116,898.001,116,898.001,116,898.00
(-) Cash Required (M)-312,646.60-195,404.13-117,242.48
(=) Excess Retained (M)804,251.40921,493.88999,655.53
(/) Shares Outstanding (M)76,215.2076,215.2076,215.20
(=) Excess Retained per Share10.5512.0913.12
LTM Dividend per Share5.865.865.86
(+) Excess Retained per Share10.5512.0913.12
(=) Adjusted Dividend16.4117.9518.97
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate-2.27%-1.27%-0.27%
Fair Value$172.46$213.52$259.25
Upside / Downside-14.62%5.70%28.34%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,563,233.001,543,423.831,523,865.681,504,555.371,485,489.761,466,665.751,510,665.72
Payout Ratio28.55%40.84%53.13%65.42%77.71%90.00%92.50%
Projected Dividends (M)446,335.00630,359.55809,648.54984,292.441,154,380.171,319,999.181,397,365.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate-2.27%-1.27%-0.27%
Year 1 PV (M)582,982.94588,948.01594,913.08
Year 2 PV (M)692,518.78706,762.95721,152.14
Year 3 PV (M)778,622.00802,767.92827,407.94
Year 4 PV (M)844,537.41879,636.69915,818.83
Year 5 PV (M)893,122.85939,759.57988,324.47
PV of Terminal Value (M)23,452,391.3724,677,018.8325,952,277.92
Equity Value (M)27,244,175.3428,594,893.9729,999,894.38
Shares Outstanding (M)76,215.2076,215.2076,215.20
Fair Value$357.46$375.19$393.62
Upside / Downside76.96%85.74%94.86%

High-Yield Dividend Screener

Page 1 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ATOM3.SAAtom Empreendimentos e Participações S.A.19.90%$0.5871.92%
3698.HKHuishang Bank Corporation Limited19.56%$0.6428.80%
SVAV.MESollers Public Joint Stock Company19.34%$110.6440.44%
0536.HKTradelink Electronic Commerce Limited19.33%$0.2086.09%
3658.HKNew Hope Service Holdings Limited19.28%$0.3766.51%
0123.HKYuexiu Property Company Limited19.19%$0.7790.88%
0N7I.LCairo Communication S.p.A.19.19%$0.3654.94%
1798.HKChina Datang Corporation Renewable Power Co., Limited19.01%$0.4063.00%
LBS.TOLife & Banc Split Corp.19.00%$2.2540.31%
HMSB.DEH & M Hennes & Mauritz AB (publ)18.98%$3.2647.98%
0608.HKHigh Fashion International Limited18.79%$0.3150.08%
0U8N.LCredicorp Ltd.18.72%$53.8266.14%
CAASChina Automotive Systems, Inc.18.61%$0.8072.30%
KRSB.MEPJSC Krasnoyarskenergosbyt18.38%$4.0782.55%
1127.HKLion Rock Group Limited18.37%$0.2547.23%
HAVAS.ASHavas S.A.18.35%$3.1490.23%
1480.HKYan Tat Group Holdings Limited18.33%$0.2249.33%
NA-PC.TONational Bank of Canada18.32%$4.9348.59%
1412.HKQ P Group Holdings Limited18.24%$0.2973.74%
FVJ.FFortescue Metals Group Limited18.16%$2.2776.64%
YATO.MCAtom Hoteles SOCIMI, S.A.18.06%$2.8568.99%
0327.HKPAX Global Technology Limited17.98%$0.9261.66%
1MO.FHello Group Inc.17.92%$1.0440.52%
PIN.BKPinthong Industrial Park Public Company Limited17.92%$0.7680.79%
1883.HKCITIC Telecom International Holdings Limited17.86%$0.4487.51%
6896.HKGolden Throat Holdings Group Company Limited17.79%$0.5576.14%
VOT.WAVotum S.A.17.65%$8.1559.83%
ALTUR.PAAltur Investissement SCA, SCR17.58%$1.9337.11%
O7F1.FOdfjell SE17.55%$1.7873.02%
2219.HKChaoju Eye Care Holdings Limited17.38%$0.4784.16%
001390.KSKG Chemical Corporation17.24%$884.5197.69%
2360.HKBest Mart 360 Holdings Limited17.23%$0.3582.20%
ALSAS.PAStradim Espace Finances S.A.17.16%$0.8055.65%
9615.SRMufeed Company17.11%$5.3935.54%
LPPF.JKPT Matahari Department Store Tbk17.09%$300.0082.85%
0LNT.LFugro N.V.17.06%$1.5239.50%
0458.HKTristate Holdings Limited17.02%$0.3133.15%
2283.HKTK Group (Holdings) Limited16.99%$0.4372.10%
1263.HKPC Partner Group Limited16.85%$0.9063.10%
2603.TWEvergreen Marine Corporation (Taiwan) Ltd.16.83%$32.4977.53%
ALHRG.PAHerige16.78%$3.6697.55%
TD-PFJ.TOThe Toronto-Dominion Bank NCUM 5Y PFD SR1816.67%$4.3836.07%
S7MB.BESecuritas AB (publ)16.59%$2.2523.09%
1184.HKS.A.S. Dragon Holdings Limited16.56%$0.7552.32%
PBR-APetróleo Brasileiro S.A. - Petrobras16.54%$1.8786.52%
VRLA.PAVerallia S.A.16.47%$3.8397.79%
6668.HKE-Star Commercial Management Company Limited16.42%$0.2372.71%
0098.HKXingfa Aluminium Holdings Limited16.13%$1.1729.94%
ING.AXInghams Group Limited16.09%$0.4179.67%
1234.HKChina Lilang Limited16.04%$0.5466.61%