DDM Analysis: PTSP.JK

Valuation Snapshot

Stable Growth	$1,331.43 - $2,558.65	$1,822.84
Multi-Stage	$1,917.29 - $2,105.37	$2,009.53
Blended Fair Value	$1,916.19
Current Price	$945.00
Upside	102.77%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	19.14%	0.00%	13.31	11.11	0.00	0.00	0.00	5.55	8.88	4.44	8.88	6.66
YoY Growth	-	-	19.89%	0.00%	0.00%	0.00%	-100.00%	-37.50%	100.00%	-50.00%	33.33%	0.00%
Dividend Yield	-	-	1.97%	0.91%	0.00%	0.00%	0.00%	0.12%	0.12%	0.06%	0.12%	0.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	18,724.24
(-) Cash Dividends Paid (M)	5,020.00
(=) Cash Retained (M)	13,704.24

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	3,744.85	2,340.53	1,404.32
Cash Retained (M)	13,704.24	13,704.24	13,704.24
(-) Cash Required (M)	-3,744.85	-2,340.53	-1,404.32
(=) Excess Retained (M)	9,959.39	11,363.71	12,299.92
(/) Shares Outstanding (M)	220.81	220.81	220.81
(=) Excess Retained per Share	45.10	51.46	55.70
LTM Dividend per Share	22.73	22.73	22.73
(+) Excess Retained per Share	45.10	51.46	55.70
(=) Adjusted Dividend	67.84	74.20	78.44
WACC / Discount Rate	6.74%	6.74%	6.74%
Growth Rate	1.57%	2.57%	3.57%
Fair Value	$1,331.43	$1,822.84	$2,558.65
Upside / Downside	40.89%	92.89%	170.76%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	18,724.24	19,204.55	19,697.18	20,202.45	20,720.68	21,252.21	21,889.77
Payout Ratio	26.81%	39.45%	52.09%	64.72%	77.36%	90.00%	92.50%
Projected Dividends (M)	5,020.00	7,575.84	10,259.49	13,075.85	16,029.94	19,126.99	20,248.04

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.74%	6.74%	6.74%
Growth Rate	1.57%	2.57%	3.57%
Year 1 PV (M)	7,028.26	7,097.46	7,166.66
Year 2 PV (M)	8,829.99	9,004.73	9,181.17
Year 3 PV (M)	10,440.51	10,751.94	11,069.51
Year 4 PV (M)	11,874.10	12,348.70	12,837.38
Year 5 PV (M)	13,144.15	13,804.10	14,490.30
PV of Terminal Value (M)	372,035.05	390,714.36	410,136.54
Equity Value (M)	423,352.06	443,721.29	464,881.56
Shares Outstanding (M)	220.81	220.81	220.81
Fair Value	$1,917.29	$2,009.53	$2,105.37
Upside / Downside	102.89%	112.65%	122.79%

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 Pioneerindo Gourmet International Tbk (PTSP.JK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener