DDM Analysis: DEPO.JK

Valuation Snapshot

Stable Growth	$117.57 - $179.95	$146.72
Multi-Stage	$251.44 - $276.86	$263.90
Blended Fair Value	$205.31
Current Price	$322.00
Upside	-36.24%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018
DPS	-31.15%	0.00%	4.00	2.30	7.35	6.13	2.21	25.85	0.00	0.00	0.00	0.00
YoY Growth	-	-	73.91%	-68.73%	19.93%	177.59%	-91.45%	0.00%	0.00%	0.00%	0.00%	0.00%
Dividend Yield	-	-	1.74%	0.61%	1.56%	1.20%	0.37%	4.31%	0.00%	0.00%	0.00%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	88,880.32
(-) Cash Dividends Paid (M)	28,518.00
(=) Cash Retained (M)	60,362.32

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	17,776.06	11,110.04	6,666.02
Cash Retained (M)	60,362.32	60,362.32	60,362.32
(-) Cash Required (M)	-17,776.06	-11,110.04	-6,666.02
(=) Excess Retained (M)	42,586.26	49,252.28	53,696.30
(/) Shares Outstanding (M)	6,790.00	6,790.00	6,790.00
(=) Excess Retained per Share	6.27	7.25	7.91
LTM Dividend per Share	4.20	4.20	4.20
(+) Excess Retained per Share	6.27	7.25	7.91
(=) Adjusted Dividend	10.47	11.45	12.11
WACC / Discount Rate	6.73%	6.73%	6.73%
Growth Rate	-2.00%	-1.00%	0.00%
Fair Value	$117.57	$146.72	$179.95
Upside / Downside	-63.49%	-54.44%	-44.11%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	88,880.32	87,991.52	87,111.60	86,240.49	85,378.08	84,524.30	87,060.03
Payout Ratio	32.09%	43.67%	55.25%	66.83%	78.42%	90.00%	92.50%
Projected Dividends (M)	28,518.00	38,424.73	48,130.47	57,638.26	66,951.07	76,071.87	80,530.53

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.73%	6.73%	6.73%
Growth Rate	-2.00%	-1.00%	0.00%
Year 1 PV (M)	35,638.66	36,002.32	36,365.98
Year 2 PV (M)	41,403.91	42,253.19	43,111.11
Year 3 PV (M)	45,987.80	47,410.00	48,861.23
Year 4 PV (M)	49,545.01	51,598.42	53,715.01
Year 5 PV (M)	52,212.81	54,931.65	57,762.59
PV of Terminal Value (M)	1,482,459.18	1,559,654.27	1,640,032.17
Equity Value (M)	1,707,247.37	1,791,849.87	1,879,848.09
Shares Outstanding (M)	6,790.00	6,790.00	6,790.00
Fair Value	$251.44	$263.90	$276.86
Upside / Downside	-21.91%	-18.04%	-14.02%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 14 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
UVSP	Univest Financial Corporation	2.69%	$0.87	28.95%
VBTX	Veritex Holdings, Inc.	2.69%	$0.81	38.53%
CBT	Cabot Corporation	2.68%	$1.80	29.00%
PKOH	Park-Ohio Holdings Corp.	2.68%	$0.56	33.19%
WINA	Winmark Corporation	2.68%	$10.76	96.24%
CHCO	City Holding Company	2.67%	$3.20	36.27%
IDA	IDACORP, Inc.	2.67%	$3.40	58.98%
LFVN	LifeVantage Corporation	2.67%	$0.16	18.67%
MMM	3M Company	2.67%	$4.31	68.77%
MSEX	Middlesex Water Company	2.67%	$1.34	56.69%
ONB	Old National Bancorp	2.67%	$0.60	35.48%
0HQU.L	CF Industries Holdings, Inc.	2.66%	$2.07	24.22%
MGY	Magnolia Oil & Gas Corporation	2.66%	$0.60	32.28%
PEBK	Peoples Bancorp of North Carolina, Inc.	2.66%	$0.95	30.99%
GSBC	Great Southern Bancorp, Inc.	2.65%	$1.63	26.64%
HD	The Home Depot, Inc.	2.65%	$9.15	62.39%
MVBF	MVB Financial Corp.	2.65%	$0.68	27.31%
PPG	PPG Industries, Inc.	2.65%	$2.76	62.85%
TWMIX	American Century Emerging Markets Investor Class	2.64%	$0.40	76.80%
0M2A.L	Adeia Inc.	2.63%	$0.35	53.29%
ALLY	Ally Financial Inc.	2.63%	$1.20	59.56%
FRAF	Franklin Financial Services Corporation	2.63%	$1.28	36.88%
LEA	Lear Corporation	2.63%	$3.12	37.81%
VHI	Valhi, Inc.	2.63%	$0.32	49.46%
FHI	Federated Hermes, Inc.	2.62%	$1.37	27.23%
MKC	McCormick & Company, Incorporated	2.62%	$1.76	61.04%
SLB	SLB N.V.	2.62%	$1.05	42.94%
BAH	Booz Allen Hamilton Holding Corporation	2.61%	$2.22	33.15%
GILD	Gilead Sciences, Inc.	2.61%	$3.18	49.10%
AWR	American States Water Company	2.60%	$1.88	55.89%
CBAN	Colony Bankcorp, Inc.	2.59%	$0.46	28.75%
MDU	MDU Resources Group, Inc.	2.59%	$0.51	62.41%
PLBC	Plumas Bancorp	2.59%	$1.14	27.38%
CRD-A	Crawford & Company	2.58%	$0.28	43.18%
WBS	Webster Financial Corporation	2.57%	$1.64	29.21%
FANG	Diamondback Energy, Inc.	2.56%	$3.90	26.98%
JEF	Jefferies Financial Group Inc.	2.56%	$1.63	49.77%
UNH	UnitedHealth Group Incorporated	2.56%	$8.60	44.61%
DOX	Amdocs Limited	2.55%	$2.04	39.68%
DVN	Devon Energy Corporation	2.55%	$0.96	22.55%
TGNA	TEGNA Inc.	2.55%	$0.49	23.26%
CFFI	C&F Financial Corporation	2.54%	$1.80	22.24%
MTH	Meritage Homes Corporation	2.54%	$1.68	21.92%
DTM	DT Midstream, Inc.	2.52%	$3.04	77.42%
LEVI	Levi Strauss & Co.	2.52%	$0.52	34.78%
NFG	National Fuel Gas Company	2.52%	$2.07	36.34%
AMNB	American National Bankshares Inc.	2.51%	$1.20	48.76%
HIMYX	Pioneer High Income Municipal Fund Class Y	2.51%	$0.14	81.31%
ACNB	ACNB Corporation	2.50%	$1.18	37.66%
FMBH	First Mid Bancshares, Inc.	2.50%	$0.96	26.52%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

PT Caturkarda Depo Bangunan Tbk (DEPO.JK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener