Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Wahana Ottomitra Multiartha Tbk (WOMF.JK)

Company Dividend Discount ModelIndustry: Financial - Credit ServicesSector: Financial Services

Valuation Snapshot

Stable Growth$1,008.02 - $1,831.51$1,350.49
Multi-Stage$2,233.42 - $2,458.80$2,343.91
Blended Fair Value$1,847.20
Current Price$346.00
Upside433.87%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.78%0.00%20.2316.899.440.0022.2117.6414.800.000.000.00
YoY Growth--19.77%78.94%0.00%-100.00%25.88%19.20%0.00%0.00%0.00%0.00%
Dividend Yield--5.56%4.22%3.15%0.00%9.10%9.24%4.30%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)250,409.00
(-) Cash Dividends Paid (M)78,529.00
(=) Cash Retained (M)171,880.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)50,081.8031,301.1318,780.68
Cash Retained (M)171,880.00171,880.00171,880.00
(-) Cash Required (M)-50,081.80-31,301.13-18,780.68
(=) Excess Retained (M)121,798.20140,578.88153,099.33
(/) Shares Outstanding (M)3,481.483,481.483,481.48
(=) Excess Retained per Share34.9840.3843.98
LTM Dividend per Share22.5622.5622.56
(+) Excess Retained per Share34.9840.3843.98
(=) Adjusted Dividend57.5462.9466.53
WACC / Discount Rate5.55%5.55%5.55%
Growth Rate-0.15%0.85%1.85%
Fair Value$1,008.02$1,350.49$1,831.51
Upside / Downside191.33%290.32%429.34%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)250,409.00252,543.52254,696.23256,867.29259,056.85261,265.09269,103.04
Payout Ratio31.36%43.09%54.82%66.54%78.27%90.00%92.50%
Projected Dividends (M)78,529.00108,816.55139,614.73170,930.07202,769.13235,138.58248,920.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.55%5.55%5.55%
Growth Rate-0.15%0.85%1.85%
Year 1 PV (M)102,070.32103,092.54104,114.75
Year 2 PV (M)122,840.16125,312.92127,810.31
Year 3 PV (M)141,069.18145,350.10149,716.76
Year 4 PV (M)156,971.24163,354.46169,930.42
Year 5 PV (M)170,744.49179,467.30188,543.03
PV of Terminal Value (M)7,081,921.267,443,715.067,820,146.41
Equity Value (M)7,775,616.668,160,292.388,560,261.69
Shares Outstanding (M)3,481.483,481.483,481.48
Fair Value$2,233.42$2,343.91$2,458.80
Upside / Downside545.50%577.43%610.64%

High-Yield Dividend Screener

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