Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

PT Total Bangun Persada Tbk (TOTL.JK)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$2,019.32 - $4,283.17$2,867.05
Multi-Stage$2,911.93 - $3,192.91$3,049.77
Blended Fair Value$2,958.41
Current Price$845.00
Upside250.11%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%1.34%40.00100.0025.0010.0010.0040.0050.0045.0040.0030.00
YoY Growth---60.00%300.00%150.00%0.00%-75.00%-20.00%11.11%12.50%33.33%-14.29%
Dividend Yield--7.02%20.83%7.86%3.42%2.98%12.90%8.13%6.38%4.94%4.29%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)380,340.63
(-) Cash Dividends Paid (M)255,750.00
(=) Cash Retained (M)124,590.63
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)76,068.1347,542.5828,525.55
Cash Retained (M)124,590.63124,590.63124,590.63
(-) Cash Required (M)-76,068.13-47,542.58-28,525.55
(=) Excess Retained (M)48,522.5077,048.0596,065.08
(/) Shares Outstanding (M)3,410.003,410.003,410.00
(=) Excess Retained per Share14.2322.5928.17
LTM Dividend per Share75.0075.0075.00
(+) Excess Retained per Share14.2322.5928.17
(=) Adjusted Dividend89.2397.59103.17
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate1.90%2.90%3.90%
Fair Value$2,019.32$2,867.05$4,283.17
Upside / Downside138.97%239.30%406.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)380,340.63391,365.30402,709.53414,382.59426,394.01438,753.59451,916.20
Payout Ratio67.24%71.79%76.35%80.90%85.45%90.00%92.50%
Projected Dividends (M)255,750.00280,976.35307,450.26335,222.84364,347.16394,878.23418,022.49

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate1.90%2.90%3.90%
Year 1 PV (M)261,505.94264,072.27266,638.61
Year 2 PV (M)266,316.72271,569.46276,873.50
Year 3 PV (M)270,252.03278,286.87286,479.40
Year 4 PV (M)273,377.35284,267.71295,480.24
Year 5 PV (M)275,754.20289,553.20303,899.17
PV of Terminal Value (M)8,582,477.089,011,952.419,458,451.30
Equity Value (M)9,929,683.3210,399,701.9110,887,822.20
Shares Outstanding (M)3,410.003,410.003,410.00
Fair Value$2,911.93$3,049.77$3,192.91
Upside / Downside244.61%260.92%277.86%

High-Yield Dividend Screener

« Prev Page 4 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
VKQInvesco Municipal Trust8.62%$0.8469.07%
ARCCAres Capital Corporation8.61%$1.7691.56%
TPVGTriplePoint Venture Growth BDC Corp.8.52%$0.5767.26%
C-PJCitigroup Inc.8.49%$2.1326.99%
RVTRoyce Value Trust Inc.8.42%$1.3639.40%
OGNOrganon & Co.8.37%$0.6131.54%
MITTAG Mortgage Investment Trust, Inc.8.12%$0.7043.47%
CAGConagra Brands, Inc.8.06%$1.3978.70%
NOGNorthern Oil and Gas, Inc.8.02%$1.7794.64%
PAAPlains All American Pipeline, L.P.8.00%$1.4690.71%
TSLXSixth Street Specialty Lending, Inc.8.00%$1.7385.26%
ACCOACCO Brands Corporation7.90%$0.2967.00%
ETDEthan Allen Interiors Inc.7.90%$1.8197.75%
CQPCheniere Energy Partners, L.P.7.82%$4.2388.03%
UNMAUnum Group 6.250% JR NT587.69%$1.7933.52%
WRB-PHW.R. Berkley Corporation 4.125%7.68%$1.2726.69%
JHSJohn Hancock Income Securities Trust7.65%$0.8994.90%
NIDNuveen Intermediate Duration Municipal Term Fund7.59%$1.0284.59%
HWCPZHancock Whitney Corporation - 67.58%$1.7731.35%
WRB-PGW.R. Berkley Corporation 4.25%7.54%$1.2726.69%
NMTNuveen Massachusetts Quality Municipal Income Fund7.48%$0.8580.62%
LOANManhattan Bridge Capital, Inc.7.45%$0.3574.53%
OPALOPAL Fuels Inc.7.43%$0.1846.94%
ZIONLZions Bancorporation N.A. - 6.97.42%$1.8632.04%
GMTAGATX Corporation SR NT 20667.41%$1.8621.29%
IIMInvesco Value Municipal Income Trust7.41%$0.9264.33%
JMMNuveen Multi-Market Income Fund7.28%$0.4461.06%
BKEThe Buckle, Inc.7.26%$3.9196.21%
MHIPioneer Municipal High Income Fund, Inc.7.19%$0.6413.70%
ORIOld Republic International Corporation7.19%$3.1193.13%
PMFPIMCO Municipal Income Fund7.07%$0.5992.59%
RYNRayonier Inc.7.04%$1.5230.67%
DRQDril-Quip, Inc.7.02%$1.0850.37%
TRINITrinity Capital Inc. 7.875% Notes Due 20297.02%$1.7883.48%
C-PNCitigroup Capital XIII TR PFD SECS7.01%$2.1326.99%
VPVInvesco Pennsylvania Value Municipal Income Trust6.98%$0.7360.22%
VCVInvesco California Value Municipal Income Trust6.97%$0.7860.58%
EOTEaton Vance National Municipal Opportunities Trust6.96%$1.1869.84%
FLATXFidelity Latin America Fund6.92%$1.1539.63%
EGYVAALCO Energy, Inc.6.91%$0.2592.67%
NOMNuveen Missouri Quality Municipal Income Fund6.91%$0.8278.81%
UBCPUnited Bancorp, Inc.6.90%$0.9996.30%
TBCAT&T Inc. 5.625% Global Notes d6.89%$1.7255.65%
GTNGray Media, Inc.6.87%$0.3334.04%
HEPHolly Energy Partners, L.P.6.86%$1.4074.08%
AFGAmerican Financial Group, Inc.6.85%$9.2396.49%
BANFPBFC Capital Trust II PFD TR 7.20%6.85%$1.8025.72%
CFG-PDCitizens Financial Group, Inc.6.83%$1.7143.60%
RCIIRent-A-Center, Inc.6.81%$1.8279.98%
SPHSuburban Propane Partners, L.P.6.81%$1.2778.56%