Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Colorpak Indonesia Tbk (CLPI.JK)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$3,038.18 - $5,527.10$4,072.32
Multi-Stage$5,208.84 - $5,716.39$5,457.77
Blended Fair Value$4,765.05
Current Price$1,280.00
Upside272.27%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS18.41%18.61%128.2861.4071.2389.4256.5755.1163.89102.9039.4163.03
YoY Growth--108.92%-13.79%-20.34%58.07%2.65%-13.75%-37.90%161.12%-37.48%170.66%
Dividend Yield--12.22%6.11%7.54%8.60%6.94%11.43%9.33%11.06%3.57%7.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)65,613.27
(-) Cash Dividends Paid (M)42,648.26
(=) Cash Retained (M)22,965.01
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)13,122.658,201.664,921.00
Cash Retained (M)22,965.0122,965.0122,965.01
(-) Cash Required (M)-13,122.65-8,201.66-4,921.00
(=) Excess Retained (M)9,842.3514,763.3518,044.01
(/) Shares Outstanding (M)306.26306.26306.26
(=) Excess Retained per Share32.1448.2058.92
LTM Dividend per Share139.25139.25139.25
(+) Excess Retained per Share32.1448.2058.92
(=) Adjusted Dividend171.39187.46198.17
WACC / Discount Rate6.46%6.46%6.46%
Growth Rate0.77%1.77%2.77%
Fair Value$3,038.18$4,072.32$5,527.10
Upside / Downside137.36%218.15%331.80%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)65,613.2766,777.4167,962.2069,168.0270,395.2371,644.2173,793.53
Payout Ratio65.00%70.00%75.00%80.00%85.00%90.00%92.50%
Projected Dividends (M)42,648.2646,743.8950,971.4355,334.2659,835.8664,479.7968,259.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.46%6.46%6.46%
Growth Rate0.77%1.77%2.77%
Year 1 PV (M)43,476.4143,907.8344,339.25
Year 2 PV (M)44,094.4944,973.9445,862.08
Year 3 PV (M)44,522.5945,861.2047,226.38
Year 4 PV (M)44,779.2346,583.2748,441.28
Year 5 PV (M)44,881.5047,152.9749,515.49
PV of Terminal Value (M)1,373,526.881,443,041.581,515,342.75
Equity Value (M)1,595,281.091,671,520.791,750,727.23
Shares Outstanding (M)306.26306.26306.26
Fair Value$5,208.84$5,457.77$5,716.39
Upside / Downside306.94%326.39%346.59%

High-Yield Dividend Screener

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