DDM Analysis: DSNG.JK

Valuation Snapshot

Stable Growth	$15,751.44 - $29,998.06	$28,112.58
Multi-Stage	$4,624.74 - $5,066.46	$4,841.53
Blended Fair Value	$16,477.05
Current Price	$1,650.00
Upside	898.61%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	17.40%	18.59%	22.00	30.00	20.00	12.33	4.93	9.87	9.87	4.93	4.93	10.00
YoY Growth	-	-	-26.67%	50.00%	62.16%	150.00%	-50.00%	0.00%	100.00%	0.00%	-50.66%	150.00%
Dividend Yield	-	-	2.89%	4.44%	2.82%	1.93%	0.86%	3.01%	2.49%	1.14%	0.99%	1.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,598,867.00
(-) Cash Dividends Paid (M)	254,396.00
(=) Cash Retained (M)	1,344,471.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	319,773.40	199,858.38	119,915.03
Cash Retained (M)	1,344,471.00	1,344,471.00	1,344,471.00
(-) Cash Required (M)	-319,773.40	-199,858.38	-119,915.03
(=) Excess Retained (M)	1,024,697.60	1,144,612.63	1,224,555.98
(/) Shares Outstanding (M)	10,599.84	10,599.84	10,599.84
(=) Excess Retained per Share	96.67	107.98	115.53
LTM Dividend per Share	24.00	24.00	24.00
(+) Excess Retained per Share	96.67	107.98	115.53
(=) Adjusted Dividend	120.67	131.98	139.53
WACC / Discount Rate	6.31%	6.31%	6.31%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$15,751.44	$28,112.58	$29,998.06
Upside / Downside	854.63%	1,603.79%	1,718.06%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,598,867.00	1,702,793.36	1,813,474.92	1,931,350.79	2,056,888.59	2,190,586.35	2,256,303.94
Payout Ratio	15.91%	30.73%	45.55%	60.36%	75.18%	90.00%	92.50%
Projected Dividends (M)	254,396.00	523,248.20	825,976.35	1,165,848.45	1,546,414.17	1,971,527.72	2,087,081.15

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.31%	6.31%	6.31%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	487,577.55	492,199.14	496,820.73
Year 2 PV (M)	717,198.77	730,859.40	744,648.89
Year 3 PV (M)	943,300.33	970,379.09	997,971.18
Year 4 PV (M)	1,165,922.46	1,210,760.55	1,256,879.63
Year 5 PV (M)	1,385,105.00	1,452,006.09	1,521,467.64
PV of Terminal Value (M)	44,322,410.19	46,463,199.17	48,685,921.19
Equity Value (M)	49,021,514.30	51,319,403.43	53,703,709.26
Shares Outstanding (M)	10,599.84	10,599.84	10,599.84
Fair Value	$4,624.74	$4,841.53	$5,066.46
Upside / Downside	180.29%	193.43%	207.06%

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

Mode

Ticker

Industry

Sector

PT Dharma Satya Nusantara Tbk (DSNG.JK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener