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$861.13 - $1,175.05$1,020.61
Multi-Stage$3,686.41 - $4,100.69$3,889.09
Blended Fair Value$2,454.85
Current Price$925.00
Upside165.39%
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 Rate5.33%5.33%5.33%
Growth Rate-9.61%-8.61%-7.61%
Fair Value$861.13$1,020.61$1,175.05
Upside / Downside-6.90%10.34%27.03%

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 Rate5.33%5.33%5.33%
Growth Rate-9.61%-8.61%-7.61%
Year 1 PV (M)19,048.3519,259.0819,469.81
Year 2 PV (M)27,522.1128,134.4328,753.48
Year 3 PV (M)33,209.5034,323.9135,462.98
Year 4 PV (M)36,730.3738,382.9140,090.60
Year 5 PV (M)38,584.8240,766.8643,046.52
PV of Terminal Value (M)1,753,696.021,852,870.701,956,482.27
Equity Value (M)1,908,791.172,013,737.892,123,305.67
Shares Outstanding (M)517.79517.79517.79
Fair Value$3,686.41$3,889.09$4,100.69
Upside / Downside298.53%320.44%343.32%

High-Yield Dividend Screener

« Prev Page 23 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002293.SZLuolai Lifestyle Technology Co., Ltd.5.90%$0.6198.42%
KLBN11.SAKlabin S.A.5.90%$1.1379.59%
T9Z.DEZumtobel Group AG5.89%$0.2568.81%
4006.KLOriental Holdings Berhad5.88%$0.4091.37%
7231.KLWellcall Holdings Berhad5.88%$0.0898.90%
ALBAV.HEÅlandsbanken Abp5.88%$2.8380.11%
HSPG.OLHøland og Setskog Sparebank5.88%$9.009.64%
TAEE3.SATransmissora Aliança de Energia Elétrica S.A.5.88%$0.8249.16%
095570.KSAJ Networks Co.,Ltd.5.87%$269.8946.78%
CONSTI.HEConsti Oyj5.87%$0.6379.88%
DEDI.STDedicare AB (publ)5.87%$2.5059.86%
SUC.BKSaha-Union Public Company Limited5.87%$1.6026.76%
0QQF.LMikron Holding AG5.85%$1.2032.60%
0RNX.LAmbea AB (publ)5.85%$2.1927.21%
3459.TSamty Residential Investment Corporation5.85%$6,816.2884.59%
PLAT.ATThrace Plastics Holding Company S.A.5.85%$0.2485.91%
7229.KLFavelle Favco Berhad5.84%$0.0931.57%
M-II.BKMFC Industrial Investment Property and Leasehold Fund5.83%$0.3544.44%
NOHO.HENoHo Partners Oyj5.83%$0.4829.48%
0QN7.LVaudoise Assurances Holding S.A.5.82%$42.4142.05%
4164.SRNahdi Medical Company5.81%$5.6089.58%
5511.TWOTe Chang Construction Co., Ltd.5.81%$3.7946.23%
PPA.ATPiraeus Port Authority S.A.5.81%$2.3838.50%
WHA-R.BKWHA Corporation Public Company Limited5.81%$0.1957.71%
MULTI.OLMulticonsult ASA5.80%$10.1891.58%
QIMD.QAQatar Industrial Manufacturing Company Q.P.S.C.5.80%$0.1448.99%
000791.SZGEPIC Energy Development Co., Ltd.5.79%$0.3746.47%
0NFS.LEsprinet S.p.A.5.79%$0.3693.72%
MYS.AXMyState Limited5.79%$0.2670.40%
5299.TWOExcelliance MOS Corporation5.78%$4.1493.57%
8987.TJapan Excellent, Inc.5.78%$8,618.1168.54%
9528.SRGas Arabian Services Company5.78%$0.9877.70%
PLS.AXPLS Group Limited5.78%$0.2556.17%
1104.HKAPAC Resources Limited5.77%$0.1533.87%
9525.SRAlwasail Industrial Company5.77%$0.2085.38%
CBA.AXCommonwealth Bank of Australia5.77%$9.3079.76%
GSLGlobal Ship Lease, Inc.5.77%$2.0117.72%
5138.KLHap Seng Plantations Holdings Berhad5.76%$0.1355.68%
601088.SSChina Shenhua Energy Company Limited5.76%$2.3381.35%
ALI.AXArgo Global Listed Infrastructure Limited5.76%$0.1510.56%
000755.SZShanxi Hi-speed Group Co., Ltd.5.75%$0.2989.22%
EELT.MEEuropean Eltech Public Joint Stock Company5.75%$0.5236.41%
1846.HKEuroEyes International Eye Clinic Limited5.74%$0.1729.90%
9296.KLRCE Capital Berhad5.74%$0.0692.92%
BELA.ATJumbo S.A.5.74%$1.6068.01%
GRP-UNGranite Real Estate Investment Trust5.74%$3.4071.71%
6199.HKBank of Guizhou Co., Ltd.5.73%$0.0624.27%
6581.TWTaiwan Steel Union Co., Ltd5.73%$5.9988.31%
HAIS.JKPT Hasnur Internasional Shipping Tbk5.73%$15.3740.52%
HTSC.LHuatai Securities Co., Ltd.5.73%$1.2668.65%