Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLKM.JK)

Company Dividend Discount ModelIndustry: Telecommunications ServicesSector: Communication Services

Valuation Snapshot

Stable Growth$5,355.55 - $15,405.34$8,390.66
Multi-Stage$5,787.61 - $6,330.40$6,053.98
Blended Fair Value$7,222.32
Current Price$2,780.00
Upside159.80%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.32%8.51%178.50167.60149.97126.00113.03109.22134.1397.8497.5673.88
YoY Growth--6.50%11.76%19.02%11.48%3.49%-18.57%37.09%0.29%32.04%-6.31%
Dividend Yield--7.41%4.77%3.69%2.75%3.30%3.46%3.41%2.72%2.36%2.22%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)21,758,000.00
(-) Cash Dividends Paid (M)21,047,000.00
(=) Cash Retained (M)711,000.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4,351,600.002,719,750.001,631,850.00
Cash Retained (M)711,000.00711,000.00711,000.00
(-) Cash Required (M)-4,351,600.00-2,719,750.00-1,631,850.00
(=) Excess Retained (M)-3,640,600.00-2,008,750.00-920,850.00
(/) Shares Outstanding (M)99,061.7899,061.7899,061.78
(=) Excess Retained per Share-36.75-20.28-9.30
LTM Dividend per Share212.46212.46212.46
(+) Excess Retained per Share-36.75-20.28-9.30
(=) Adjusted Dividend175.71192.19203.17
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate3.27%4.27%5.27%
Fair Value$5,355.55$8,390.66$15,405.34
Upside / Downside92.65%201.82%454.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)21,758,000.0022,687,996.9423,657,744.5224,668,941.7825,723,360.4126,822,847.7927,627,533.22
Payout Ratio96.73%95.39%94.04%92.69%91.35%90.00%92.50%
Projected Dividends (M)21,047,000.0021,641,124.9222,247,587.2422,866,356.2023,497,375.8524,140,563.0125,555,468.23

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate3.27%4.27%5.27%
Year 1 PV (M)20,094,742.7120,289,319.1620,483,895.62
Year 2 PV (M)19,181,746.8119,555,017.2019,931,884.54
Year 3 PV (M)18,306,478.8418,843,427.0319,390,773.38
Year 4 PV (M)17,467,463.1318,153,899.6918,860,371.91
Year 5 PV (M)16,663,279.6917,485,803.9318,340,493.00
PV of Terminal Value (M)481,617,037.93505,390,370.40530,093,359.48
Equity Value (M)573,330,749.11599,717,837.42627,100,777.94
Shares Outstanding (M)99,061.7899,061.7899,061.78
Fair Value$5,787.61$6,053.98$6,330.40
Upside / Downside108.19%117.77%127.71%

High-Yield Dividend Screener

« Prev Page 2 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
GHYPGIM Global High Yield Fund, Inc15.29%$1.8962.38%
BGRBlackRock Energy and Resources Trust15.26%$2.1298.26%
BOEBlackRock Enhanced Global Dividend Trust15.09%$1.7867.28%
FENFirst Trust Energy Income and Growth Fund15.00%$2.4049.79%
SOJESouthern Company (The) Series 214.95%$2.6967.01%
PSFCohen & Steers Select Preferred and Income Fund, Inc.14.84%$3.0256.28%
EVGEaton Vance Short Duration Diversified Income Fund14.82%$1.6271.62%
LDPCohen & Steers Limited Duration Preferred and Income Fund, Inc.14.73%$3.1554.69%
DNPDNP Select Income Fund Inc.14.64%$1.4553.01%
JRSNuveen Real Estate Income Fund14.56%$1.1189.79%
DPGDuff & Phelps Utility and Infrastructure Fund Inc.14.47%$1.8654.60%
BSTBlackRock Science and Technology Trust14.42%$5.8646.91%
MPAIXMorgan Stanley Insti Fd Advantage Portfolio Cl I14.33%$4.0043.20%
JCAPJefferson Capital, Inc. Common Stock14.11%$3.1245.65%
PHTPioneer High Income Fund, Inc.13.99%$1.1961.96%
RZC7.125% Fixed-Rate Reset Subordinated Debentures due 205213.93%$3.5527.34%
RNPCohen & Steers REIT and Preferred Income Fund, Inc.13.88%$2.7761.92%
DOMHDominari Holdings Inc.13.87%$0.7010.86%
STT-PDState Street Corporation13.86%$3.4633.48%
FCTFirst Trust Senior Floating Rate Income Fund II13.80%$1.3867.42%
VIRTVirtu Financial, Inc.13.57%$4.4389.50%
DHFBNY Mellon High Yield Strategies Fund13.55%$0.3461.16%
JHIJohn Hancock Investors Trust13.15%$1.7974.97%
AIOVirtus Artificial Intelligence & Technology Opportunities Fund12.91%$2.8238.01%
UTFCohen & Steers Infrastructure Fund, Inc12.84%$3.1453.56%
DFPFlaherty & Crumrine Dynamic Preferred and Income Fund Inc.12.81%$2.6848.05%
WEAWestern Asset Premier Bond Fund12.81%$1.4380.16%
TPZTortoise Essential Energy Fund12.76%$2.6467.76%
FTFranklin Universal Trust12.72%$1.0256.42%
CSQCalamos Strategic Total Return Fund12.70%$2.4351.10%
HYBThe New America High Income Fund Inc.12.68%$1.0463.42%
NBBNuveen Taxable Municipal Income Fund12.66%$2.0085.04%
RWAYRunway Growth Finance Corp.12.66%$1.1475.51%
ELVTElevate Credit, Inc.12.61%$0.2475.91%
NDPTortoise Energy Independence Fund, Inc.12.60%$5.0986.32%
BCEICivitas Resources, Inc.12.58%$7.0698.41%
GENVRGen Digital Inc. Contingent Value Rights12.54%$0.5054.91%
SOJCThe Southern Company JR 2017B NT 7712.31%$2.6967.01%
BTOJohn Hancock Financial Opportunities Fund12.25%$4.3229.72%
FEIFirst Trust MLP and Energy Income Fund12.21%$1.2058.56%
PCNPIMCO Corporate & Income Strategy Fund12.19%$1.5568.95%
HTDJohn Hancock Tax-Advantaged Dividend Income Fund12.17%$2.9051.08%
NIEVirtus Equity & Convertible Income Fund12.17%$3.0445.26%
PFDFlaherty & Crumrine Preferred Income Fund Inc.11.99%$1.4348.51%
TYGTortoise Energy Infrastructure Corporation11.98%$4.9643.95%
FPLFirst Trust New Opportunities MLP & Energy Fund11.82%$0.9254.20%
BTZBlackRock Credit Allocation Income Trust11.69%$1.2692.75%
BHBFXMadison Dividend Income Fd Cl Y11.61%$2.8540.22%
CGABLThe Carlyle Group Inc. 4.625% Subordinated Notes due 206111.57%$2.0197.92%
DBLDoubleLine Opportunistic Credit Fund11.57%$1.7652.03%