Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

PT Merck Tbk (MERK.JK)

Company Dividend Discount ModelIndustry: Drug Manufacturers - Specialty & GenericSector: Healthcare

Valuation Snapshot

Stable Growth$6,564.20 - $12,738.92$9,019.69
Multi-Stage$5,534.92 - $6,038.50$5,782.17
Blended Fair Value$7,400.93
Current Price$2,860.00
Upside158.77%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS168.91%0.22%318.99321.18239.43123.32128.652.272,815.51273.4199.80490.54
YoY Growth---0.68%34.14%94.15%-4.14%5,571.43%-99.92%929.78%173.95%-79.65%57.25%
Dividend Yield--9.35%8.11%4.96%3.08%4.06%0.13%69.86%4.34%1.08%6.91%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)178,505.28
(-) Cash Dividends Paid (M)76,296.85
(=) Cash Retained (M)102,208.43
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)35,701.0622,313.1613,387.90
Cash Retained (M)102,208.43102,208.43102,208.43
(-) Cash Required (M)-35,701.06-22,313.16-13,387.90
(=) Excess Retained (M)66,507.3779,895.2788,820.53
(/) Shares Outstanding (M)448.00448.00448.00
(=) Excess Retained per Share148.45178.34198.26
LTM Dividend per Share170.31170.31170.31
(+) Excess Retained per Share148.45178.34198.26
(=) Adjusted Dividend318.76348.64368.57
WACC / Discount Rate9.93%9.93%9.93%
Growth Rate4.84%5.84%6.84%
Fair Value$6,564.20$9,019.69$12,738.92
Upside / Downside129.52%215.37%345.42%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)178,505.28188,935.30199,974.75211,659.23224,026.43237,116.25244,229.73
Payout Ratio42.74%52.19%61.65%71.10%80.55%90.00%92.50%
Projected Dividends (M)76,296.8598,612.24123,274.92150,483.00180,449.74213,404.62225,912.50

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.93%9.93%9.93%
Growth Rate4.84%5.84%6.84%
Year 1 PV (M)88,853.6789,701.1690,548.66
Year 2 PV (M)100,083.80102,002.12103,938.65
Year 3 PV (M)110,083.20113,263.29116,504.03
Year 4 PV (M)118,941.77123,545.01128,280.59
Year 5 PV (M)126,743.74132,904.60139,302.75
PV of Terminal Value (M)1,934,940.092,028,995.282,126,672.94
Equity Value (M)2,479,646.282,590,411.462,705,247.62
Shares Outstanding (M)448.00448.00448.00
Fair Value$5,534.92$5,782.17$6,038.50
Upside / Downside93.53%102.17%111.14%

High-Yield Dividend Screener

« Prev Page 120 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PME.AXPro Medicus Limited0.37%$0.8243.26%
SAGO.MESamaraEnergo0.37%$0.011.77%
002824.SZGuangdong Hoshion Aluminium Co., Ltd.0.36%$0.0715.95%
002849.SZZhejiang Viewshine Intelligent Meter Co.,Ltd0.36%$0.0632.16%
002881.SZMeiG Smart Technology Co., Ltd0.36%$0.1626.78%
002917.SZShenzhen King Explorer Science and Technology Corporation0.36%$0.0511.10%
002945.SZChinaLin Securities Co., Ltd.0.36%$0.0630.24%
0A0D.LAlcon Inc.0.36%$0.2611.61%
300539.SZNingbo Henghe Precision Industry Co.,Ltd.0.36%$0.1578.72%
300852.SZSihui Fuji Electronics Technology Co., Ltd.0.36%$0.1413.40%
300857.SZSharetronic Data Technology Co., Ltd.0.36%$0.6118.06%
300885.SZYangzhou Seashine New Materials Co.,Ltd.0.36%$0.1244.05%
5999.TIhara Science Corporation0.36%$10.803.02%
600105.SSJiangsu Etern Company Limited0.36%$0.0940.05%
601001.SSJinneng Holding Shanxi Coal Industry Co.,ltd.0.36%$0.054.06%
601311.SSCamel Group Co., Ltd.0.36%$0.035.14%
603655.SSChangzhou Langbo Sealing Technologies Co.,Ltd.0.36%$0.1538.23%
603810.SSJiangsu Fengshan Group Co.,Ltd0.36%$0.0633.11%
6515.TWWinWay Technology Co., Ltd.0.36%$10.5323.93%
6600.HKSciClone Pharmaceuticals (Holdings) Limited0.36%$0.3319.17%
6789.TWVisEra Technologies Company Ltd.0.36%$1.0018.90%
6929.HKOrbusNeich Medical Group Holdings Limited0.36%$0.0113.37%
7003.TMitsui E&S Holdings Co., Ltd.0.36%$19.848.23%
9405.TAsahi Broadcasting Group Holdings Corporation0.36%$2.992.17%
EXS.STExsitec Holding AB (publ)0.36%$0.559.97%
ILYDA.ATIlyda S.A.0.36%$0.024.60%
TVK.TOTerraVest Industries Inc.0.36%$0.6015.83%
000058.SZShenzhen SEG Co.,Ltd0.35%$0.0344.48%
000973.SZFSPG Hi-Tech Co. Ltd.0.35%$0.0541.71%
001208.SZHunan Valin Wire & Cable Co.,Ltd.0.35%$0.0839.68%
002654.SZShenzhen Mason Technologies Co.,Ltd0.35%$0.0572.58%
002931.SZZhejiang Fenglong Electric Co., Ltd.0.35%$0.1196.83%
068270.KSCelltrion, Inc.0.35%$699.7920.84%
122870.KQYG Entertainment Inc.0.35%$249.749.19%
281740.KQLake Materials Co., Ltd.0.35%$50.0021.63%
300357.SZZhejiang Wolwo Bio-Pharmaceutical Co., Ltd.0.35%$0.1013.43%
300394.SZSuzhou TFC Optical Communication Co., Ltd.0.35%$0.7130.26%
300792.SZHangzhou Onechance Tech Crop.0.35%$0.1029.68%
3219.TWOAethertek technology co., Ltd.0.35%$0.2719.54%
600576.SSZhejiang Sunriver Culture Co.,Ltd.0.35%$0.0211.90%
600587.SSShinva Medical Instrument Co., Ltd.0.35%$0.055.92%
601177.SSHangzhou Advance Gearbox Group Co., Ltd.0.35%$0.069.51%
603800.SSJiangsu Hongtian Technology Co.,Ltd.0.35%$0.1736.32%
603833.SSOppein Home Group Inc.0.35%$0.184.79%
ESLTElbit Systems Ltd.0.35%$2.0821.39%
GXI.DEGerresheimer AG0.35%$0.1014.49%
VASTB.BRVastned Belgium0.35%$0.116.22%
VH2.DEFriedrich Vorwerk Group SE0.35%$0.308.47%
WWIB.OLWilh. Wilhelmsen Holding ASA0.35%$1.9113.25%
002149.SZWestern Metal Materials Co., Ltd.0.34%$0.1685.47%