Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Maskapai Reasuransi Indonesia Tbk (MREI.JK)

Company Dividend Discount ModelIndustry: Insurance - ReinsuranceSector: Financial Services

Valuation Snapshot

Stable Growth$869.16 - $1,187.71$1,030.81
Multi-Stage$3,924.54 - $4,366.33$4,140.67
Blended Fair Value$2,585.74
Current Price$925.00
Upside179.54%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-23.01%-7.61%13.4513.450.0049.6249.6749.7454.6441.1034.9229.73
YoY Growth--0.00%0.00%-100.00%-0.09%-0.14%-8.97%32.95%17.70%17.45%0.18%
Dividend Yield--1.78%0.90%0.00%1.54%0.99%0.94%0.85%0.85%0.92%0.40%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)92,098.98
(-) Cash Dividends Paid (M)7,022.65
(=) Cash Retained (M)85,076.32
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)18,419.8011,512.376,907.42
Cash Retained (M)85,076.3285,076.3285,076.32
(-) Cash Required (M)-18,419.80-11,512.37-6,907.42
(=) Excess Retained (M)66,656.5373,563.9578,168.90
(/) Shares Outstanding (M)517.79517.79517.79
(=) Excess Retained per Share128.73142.07150.97
LTM Dividend per Share13.5613.5613.56
(+) Excess Retained per Share128.73142.07150.97
(=) Adjusted Dividend142.29155.64164.53
WACC / Discount Rate5.19%5.19%5.19%
Growth Rate-9.61%-8.61%-7.61%
Fair Value$869.16$1,030.81$1,187.71
Upside / Downside-6.04%11.44%28.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)92,098.9884,171.5776,926.5170,305.0664,253.5658,722.9460,484.63
Payout Ratio7.63%24.10%40.58%57.05%73.53%90.00%92.50%
Projected Dividends (M)7,022.6520,285.4331,212.9840,109.0747,242.4452,850.6555,948.28

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.19%5.19%5.19%
Growth Rate-9.61%-8.61%-7.61%
Year 1 PV (M)19,073.3219,284.3319,495.34
Year 2 PV (M)27,594.3328,208.2528,828.92
Year 3 PV (M)33,340.2934,459.1035,602.65
Year 4 PV (M)36,923.3838,584.6040,301.27
Year 5 PV (M)38,838.4341,034.8143,329.45
PV of Terminal Value (M)1,876,324.761,982,434.312,093,291.01
Equity Value (M)2,032,094.512,144,005.402,260,848.65
Shares Outstanding (M)517.79517.79517.79
Fair Value$3,924.54$4,140.67$4,366.33
Upside / Downside324.27%347.64%372.04%

High-Yield Dividend Screener

« Prev Page 16 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0ELV.LGuerbet S.A.7.06%$1.0131.15%
215000.KQGOLFZON Co., Ltd.7.05%$3,999.3763.09%
HLAG.DEHapag-Lloyd AG7.05%$8.2861.62%
XVALO.MCVale S.A.7.05%$0.8162.96%
0GN6.LArgan S.A.7.04%$4.6130.62%
RIGD.ILReliance Industries Limited7.04%$5.008.14%
600098.SSGuangzhou Development Group Incorporated7.03%$0.4669.93%
SORKON.BKS. Khonkaen Foods Public Company Limited7.03%$0.2571.33%
Z74.SISingapore Telecommunications Limited7.03%$0.3287.72%
603995.SSYongjin Technology Group Co., Ltd.7.02%$1.2769.10%
6671.TWSan Neng Group Holdings Co., Ltd.7.02%$2.5194.63%
KPN.ASKoninklijke KPN N.V.7.02%$0.2869.30%
NNCL.BKNava Nakorn Public Company Limited7.02%$0.1182.26%
TEGH.BKThai Eastern Group Holdings Public Company Limited7.02%$0.2137.13%
ASTAK.ATAlpha Real Estate S.a.7.01%$0.5252.38%
INETREIT.BKINET Freehold and Leasehold Real Estate Investment Trust7.01%$0.8045.08%
ABTG.MIAlfio Bardolla Training Group S.p.A.7.00%$0.1235.81%
MMB.PALagardere S.A.7.00%$1.3164.26%
0010.HKHang Lung Group Limited6.99%$1.0742.37%
0RP0.LTikehau Capital6.99%$1.1166.15%
1066.HKShandong Weigao Group Medical Polymer Company Limited6.99%$0.3541.33%
CAT31.PACaisse Regionale de Credit Agricole Mutuel Toulouse 316.99%$7.4918.27%
037710.KSGwangju Shinsegae. Co. ,Ltd.6.98%$2,199.7640.80%
AP-R.BKAP (Thailand) Public Company Limited6.98%$0.6040.92%
EASON.BKEason & Co Public Company Limited6.97%$0.0860.98%
KENKenon Holdings Ltd.6.97%$4.7154.85%
015860.KSILJIN Holdings Co., Ltd.6.96%$474.0952.60%
3808.HKSinotruk (Hong Kong) Limited6.96%$1.9343.31%
603801.SSZbom Home Collection Co.,Ltd6.96%$0.6494.30%
WOMF.JKPT Wahana Ottomitra Multiartha Tbk6.96%$22.5631.36%
601225.SSShaanxi Coal Industry Company Limited6.95%$1.4875.05%
LOG.MCLogista Integral, S.A.6.95%$2.0980.25%
VCX.AXVicinity Centres6.95%$0.1852.81%
0QME.LOrell Füssli AG6.94%$8.3058.10%
3470.TMarimo Regional Revitalization REIT, Inc.6.94%$7,579.0662.91%
ARROW.BKArrow Syndicate Public Company Limited6.93%$0.3569.42%
003690.KSKorean Reinsurance Company6.92%$797.5138.80%
3279.TActivia Properties Inc.6.92%$9,742.1289.07%
IL0A.IRPermanent TSB Group Holdings plc6.92%$0.1639.09%
S41.SIHong Leong Finance Limited6.92%$0.1875.53%
SECURITY.SNGrupo Security S.A.6.92%$23.1197.85%
2377.HKChina Boqi Environmental (Holding) Co., Ltd.6.91%$0.0712.31%
601991.SSDatang International Power Generation Co., Ltd.6.91%$0.2465.75%
ALPJT.PAPoujoulat S.A.6.91%$0.5236.16%
AZM.MIAzimut Holding S.p.A.6.91%$2.4771.18%
PPF.BKPinthong Industrial Park Property Fund6.91%$0.7581.09%
BOLSAA.MXBolsa Mexicana de Valores, S.A.B. de C.V.6.90%$2.5984.50%
HYDRA.ASHydratec Industries N.V.6.90%$12.0839.09%
0O6D.LMiquel y Costas & Miquel, S.A.6.89%$1.0041.40%
0QO6.LJulius Bär Gruppe AG6.89%$3.9199.57%