DDM Analysis: SMCB.JK

Valuation Snapshot

Stable Growth	$833.13 - $1,294.21	$1,046.35
Multi-Stage	$1,936.19 - $2,131.75	$2,032.05
Blended Fair Value	$1,539.20
Current Price	$775.00
Upside	98.61%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	0.00%	-8.91%	29.07	27.22	23.93	21.59	3.06	0.00	0.00	0.00	11.31	26.27
YoY Growth	-	-	6.82%	13.75%	10.81%	606.42%	0.00%	0.00%	0.00%	-100.00%	-56.93%	-64.46%
Dividend Yield	-	-	3.75%	2.09%	1.81%	1.24%	0.18%	0.00%	0.00%	0.00%	1.25%	2.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	797,079.00
(-) Cash Dividends Paid (M)	363,167.00
(=) Cash Retained (M)	433,912.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	159,415.80	99,634.88	59,780.93
Cash Retained (M)	433,912.00	433,912.00	433,912.00
(-) Cash Required (M)	-159,415.80	-99,634.88	-59,780.93
(=) Excess Retained (M)	274,496.20	334,277.13	374,131.08
(/) Shares Outstanding (M)	9,019.38	9,019.38	9,019.38
(=) Excess Retained per Share	30.43	37.06	41.48
LTM Dividend per Share	40.27	40.27	40.27
(+) Excess Retained per Share	30.43	37.06	41.48
(=) Adjusted Dividend	70.70	77.33	81.75
WACC / Discount Rate	6.32%	6.32%	6.32%
Growth Rate	-2.00%	-1.00%	0.00%
Fair Value	$833.13	$1,046.35	$1,294.21
Upside / Downside	7.50%	35.01%	67.00%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	797,079.00	789,108.21	781,217.13	773,404.96	765,670.91	758,014.20	780,754.62
Payout Ratio	45.56%	54.45%	63.34%	72.22%	81.11%	90.00%	92.50%
Projected Dividends (M)	363,167.00	429,667.74	494,802.15	558,590.91	621,054.41	682,212.78	722,198.03

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.32%	6.32%	6.32%
Growth Rate	-2.00%	-1.00%	0.00%
Year 1 PV (M)	400,058.86	404,141.10	408,223.33
Year 2 PV (M)	428,957.11	437,756.00	446,644.22
Year 3 PV (M)	450,886.57	464,830.55	479,059.08
Year 4 PV (M)	466,760.65	486,105.70	506,045.93
Year 5 PV (M)	477,392.49	502,251.43	528,135.31
PV of Terminal Value (M)	15,239,196.51	16,032,736.83	16,858,995.35
Equity Value (M)	17,463,252.21	18,327,821.61	19,227,103.23
Shares Outstanding (M)	9,019.38	9,019.38	9,019.38
Fair Value	$1,936.19	$2,032.05	$2,131.75
Upside / Downside	149.83%	162.20%	175.07%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 24 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
EXPD	Expeditors International of Washington, Inc.	0.99%	$1.50	24.32%
LISOX	Lazard International Strategic Equity Ptf Open Shares	0.99%	$0.13	36.87%
MXC	Mexco Energy Corporation	0.99%	$0.10	12.25%
NIC	Nicolet Bankshares, Inc.	0.99%	$1.19	12.58%
PAYC	Paycom Software, Inc.	0.99%	$1.51	18.80%
RRC	Range Resources Corporation	0.99%	$0.35	14.60%
WLFC	Willis Lease Finance Corporation	0.99%	$1.32	7.58%
WOR	Worthington Industries, Inc.	0.99%	$0.52	23.95%
CNXN	PC Connection, Inc.	0.98%	$0.56	16.89%
CAT	Caterpillar Inc.	0.97%	$5.78	29.40%
CNK	Cinemark Holdings, Inc.	0.97%	$0.23	18.28%
ECL	Ecolab Inc.	0.97%	$2.54	36.57%
EVR	Evercore Inc.	0.97%	$3.41	27.02%
LSBK	Lake Shore Bancorp, Inc.	0.96%	$0.14	24.34%
0ITL.L	Arthur J. Gallagher & Co.	0.95%	$2.42	39.43%
0IZI.L	W.W. Grainger, Inc.	0.95%	$9.52	26.47%
0L5V.L	The Sherwin-Williams Company	0.95%	$3.11	30.09%
0R2S.L	Stryker Corporation	0.95%	$3.28	43.09%
RRX	Regal Rexnord Corporation	0.95%	$1.39	36.07%
WT	WisdomTree, Inc.	0.95%	$0.12	18.12%
J	Jacobs Solutions Inc.	0.94%	$1.27	53.80%
ORCL	Oracle Corporation	0.94%	$1.84	34.81%
TCBS	Texas Community Bancshares, Inc.	0.94%	$0.17	19.22%
IMKTA	Ingles Markets, Incorporated	0.93%	$0.65	14.68%
ODC	Oil-Dri Corporation of America	0.93%	$0.45	12.28%
PENG	Penguin Solutions, Inc.	0.93%	$0.19	40.17%
SSBK	Southern States Bancshares, Inc.	0.93%	$0.34	9.19%
DAL	Delta Air Lines, Inc.	0.92%	$0.63	8.94%
HIFS	Hingham Institution for Savings	0.92%	$2.49	12.15%
RL	Ralph Lauren Corporation	0.92%	$3.34	24.37%
OPY	Oppenheimer Holdings Inc.	0.91%	$0.66	8.90%
BGC	BGC Group, Inc	0.90%	$0.08	23.56%
CDRE	Cadre Holdings, Inc.	0.90%	$0.37	33.35%
MBNKP	Medallion Bank	0.90%	$0.23	12.50%
JBHT	J.B. Hunt Transport Services, Inc.	0.89%	$1.75	30.14%
NYT	The New York Times Company	0.89%	$0.62	30.32%
RMD	ResMed Inc.	0.89%	$2.18	22.31%
VBFC	Village Bank and Trust Financial Corp.	0.89%	$0.72	15.35%
0I14.L	Cognex Corporation	0.88%	$0.32	49.16%
AR	Antero Resources Corporation	0.88%	$0.30	17.15%
LDOS	Leidos Holdings, Inc.	0.88%	$1.61	14.88%
LMAT	LeMaitre Vascular, Inc.	0.88%	$0.70	32.20%
NNI	Nelnet, Inc.	0.88%	$1.14	9.52%
PFSI	PennyMac Financial Services, Inc.	0.88%	$1.16	12.49%
SMBK	SmartFinancial, Inc.	0.88%	$0.32	11.76%
BYD	Boyd Gaming Corporation	0.87%	$0.75	3.22%
ROST	Ross Stores, Inc.	0.87%	$1.59	24.85%
BBSI	Barrett Business Services, Inc.	0.86%	$0.31	15.02%
BCO	The Brink's Company	0.86%	$1.00	24.81%
HXL	Hexcel Corporation	0.86%	$0.66	77.18%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

PT Solusi Bangun Indonesia Tbk (SMCB.JK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener