Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Equity Development Investment Tbk (GSMF.JK)

Company Dividend Discount ModelIndustry: Insurance - DiversifiedSector: Financial Services

Valuation Snapshot

Stable Growth$18.08 - $25.57$21.78
Multi-Stage$29.04 - $31.91$30.45
Blended Fair Value$26.11
Current Price$97.00
Upside-73.08%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.85%3.45%0.290.240.260.420.280.260.250.250.270.33
YoY Growth--21.21%-8.33%-38.21%49.40%6.85%5.80%0.00%-8.88%-18.29%62.59%
Dividend Yield--0.54%0.48%0.46%0.42%0.23%0.23%0.22%0.19%0.24%0.33%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)39,826.00
(-) Cash Dividends Paid (M)9,251.00
(=) Cash Retained (M)30,575.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7,965.204,978.252,986.95
Cash Retained (M)30,575.0030,575.0030,575.00
(-) Cash Required (M)-7,965.20-4,978.25-2,986.95
(=) Excess Retained (M)22,609.8025,596.7527,588.05
(/) Shares Outstanding (M)14,230.4014,230.4014,230.40
(=) Excess Retained per Share1.591.801.94
LTM Dividend per Share0.650.650.65
(+) Excess Retained per Share1.591.801.94
(=) Adjusted Dividend2.242.452.59
WACC / Discount Rate9.46%9.46%9.46%
Growth Rate-2.60%-1.60%-0.60%
Fair Value$18.08$21.78$25.57
Upside / Downside-81.36%-77.55%-73.64%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)39,826.0039,187.4538,559.1337,940.8937,332.5736,733.9937,836.01
Payout Ratio23.23%36.58%49.94%63.29%76.65%90.00%92.50%
Projected Dividends (M)9,251.0014,335.8819,255.3224,013.3328,613.8133,060.5934,998.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.46%9.46%9.46%
Growth Rate-2.60%-1.60%-0.60%
Year 1 PV (M)12,963.9013,097.0113,230.11
Year 2 PV (M)15,746.1316,071.1316,399.45
Year 3 PV (M)17,757.7018,310.3118,874.26
Year 4 PV (M)19,134.6919,932.7220,755.46
Year 5 PV (M)19,992.5321,040.1722,131.28
PV of Terminal Value (M)327,661.67344,831.64362,713.97
Equity Value (M)413,256.62433,282.97454,104.52
Shares Outstanding (M)14,230.4014,230.4014,230.40
Fair Value$29.04$30.45$31.91
Upside / Downside-70.06%-68.61%-67.10%

High-Yield Dividend Screener

« Prev Page 2 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0081.HKChina Overseas Grand Oceans Group Limited15.97%$0.3160.87%
QRF.BRQrf Comm. VA15.92%$1.6488.42%
INC-UN.TOIncome Financial Trust15.90%$1.4843.23%
QRI.AXQualitas Real Estate Income Fund15.90%$0.2594.00%
9172.KLFormosa Prosonic Industries Berhad15.89%$0.1872.55%
1099.HKSinopharm Group Co. Ltd.15.88%$3.1363.13%
XBBDC.MCBanco Bradesco S.A.15.82%$0.4623.31%
LPIN.JKPT Multi Prima Sejahtera Tbk15.59%$69.5396.86%
LFG.AXLiberty Financial Group Limited15.46%$0.6679.98%
ALPDX.PAPiscines Desjoyaux S.A.15.43%$2.0088.06%
2660.HKZengame Technology Holding Limited15.29%$0.3942.93%
CD3.AXCD Private Equity Fund III15.14%$0.1791.41%
PAGSPagSeguro Digital Ltd.15.12%$1.4619.46%
0912.HKSuga International Holdings Limited15.10%$0.1669.91%
RUI.PARubis15.03%$4.8772.73%
WAM.AXWAM Capital Limited15.01%$0.2767.95%
0113.HKDickson Concepts (International) Limited15.00%$0.8467.46%
0830.HKChina State Construction Development Holdings Limited14.96%$0.1834.59%
FFARM.ASForFarmers N.V.14.96%$0.6785.82%
BM.BKBangkok Sheet Metal Public Company Limited14.94%$0.1777.02%
DGS.TODividend Growth Split Corp.14.90%$1.1529.30%
6110.HKTopsports International Holdings Limited14.83%$0.4376.21%
GLB.AXGlobe International Limited14.83%$0.3872.14%
MOT.AXMetrics Income Opportunities Trust14.82%$0.2879.33%
CIQ-UN.TOCanadian High Income Equity Fund14.80%$1.0424.28%
BBVA.DEBanco Bilbao Vizcaya Argentaria, S.A.14.69%$0.6438.92%
601169.SSBank of Beijing Co., Ltd.14.63%$0.8064.51%
0184.HKKeck Seng Investments (Hong Kong) Limited14.62%$0.3123.90%
0881.HKZhongsheng Group Holdings Limited14.56%$1.7065.93%
6626.HKYuexiu Services Group Limited14.51%$0.3664.32%
ALNU.MEPJSC ALROSA-Nyurba14.51%$9,491.6654.89%
NONG.OLSpareBank 1 Nord-Norge14.36%$21.7372.60%
0640.HKInfinity Development Holdings Company Limited14.32%$0.3651.92%
2558.HKJinshang Bank Co., Ltd.14.28%$0.2031.14%
0270.HKGuangdong Investment Limited14.27%$0.9899.44%
0517.HKCOSCO SHIPPING International (Hong Kong) Co., Ltd.14.01%$0.8888.71%
2560.HKAnhui Conch Material Technology Co Ltd14.01%$0.2449.79%
WTCM.MEJoint Stock Company "World Trade Center Moscow"13.98%$1.9924.33%
6186.HKChina Feihe Limited13.94%$0.5681.20%
601186.SSChina Railway Construction Corporation Limited13.92%$1.0764.40%
CFEB.BRCompagnie d'Entreprises CFE S.A.13.92%$1.2171.32%
PMV.AXPremier Investments Limited13.92%$1.9251.67%
601229.SSBank of Shanghai Co., Ltd.13.82%$1.4093.74%
2120.HKWenzhou Kangning Hospital Co., Ltd.13.78%$1.3769.01%
DLNGDynagas LNG Partners LP13.72%$0.5131.08%
MXT.AXMetrics Master Income Trust13.71%$0.2785.17%
0085.HKChina Electronics Huada Technology Company Limited13.70%$0.1947.52%
0046.HKComputer And Technologies Holdings Limited13.69%$0.2285.50%
601328.SSBank of Communications Co., Ltd.13.66%$0.9992.22%
AKER.OLAker ASA13.66%$106.4372.10%