Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Damai Sejahtera Abadi Tbk (UFOE.JK)

Company Dividend Discount ModelIndustry: Department StoresSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$1,377.93 - $1,625.75$1,522.49
Multi-Stage$10,672.71 - $11,803.86$11,226.89
Blended Fair Value$6,374.69
Current Price$190.00
Upside3,255.10%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS0.00%0.00%1.410.000.000.670.000.000.000.000.000.00
YoY Growth--0.00%0.00%-100.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.74%0.00%0.00%0.04%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)19,918.25
(-) Cash Dividends Paid (M)3,202.50
(=) Cash Retained (M)16,715.75
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,983.652,489.781,493.87
Cash Retained (M)16,715.7516,715.7516,715.75
(-) Cash Required (M)-3,983.65-2,489.78-1,493.87
(=) Excess Retained (M)12,732.1014,225.9715,221.88
(/) Shares Outstanding (M)2,266.572,266.572,266.57
(=) Excess Retained per Share5.626.286.72
LTM Dividend per Share1.411.411.41
(+) Excess Retained per Share5.626.286.72
(=) Adjusted Dividend7.037.698.13
WACC / Discount Rate-40.89%-40.89%-40.89%
Growth Rate-2.00%-1.00%0.00%
Fair Value$1,377.93$1,522.49$1,625.75
Upside / Downside625.23%701.31%755.66%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)19,918.2519,719.0719,521.8819,326.6619,133.4018,942.0619,510.32
Payout Ratio16.08%30.86%45.65%60.43%75.22%90.00%92.50%
Projected Dividends (M)3,202.506,085.818,911.1411,679.3514,391.3117,047.8618,047.05

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-40.89%-40.89%-40.89%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)10,191.0010,294.9910,398.98
Year 2 PV (M)24,987.9125,500.4726,018.23
Year 3 PV (M)54,842.0756,538.1058,268.73
Year 4 PV (M)113,160.20117,850.16122,684.42
Year 5 PV (M)224,471.71236,160.48248,331.18
PV of Terminal Value (M)23,762,825.1025,000,210.5426,288,614.21
Equity Value (M)24,190,478.0025,446,554.7426,754,315.76
Shares Outstanding (M)2,266.572,266.572,266.57
Fair Value$10,672.71$11,226.89$11,803.86
Upside / Downside5,517.22%5,808.89%6,112.56%

High-Yield Dividend Screener

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