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 46 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
ATCOL	Atlas Corp.	3.53%	$0.89	30.47%
AWC-R.BK	Asset World Corp Public Company Limited	3.53%	$0.07	37.62%
CCRO3.SA	CCR S.A.	3.53%	$0.48	66.57%
HMU.DE	HMS Bergbau AG	3.53%	$1.69	29.89%
RAUTE.HE	Raute Oyj	3.53%	$0.52	26.97%
RWE.DE	RWE AG	3.53%	$1.66	46.76%
SNL.AX	Supply Network Limited	3.53%	$1.13	67.28%
0NHS.L	Nutrien Ltd.	3.52%	$2.18	58.76%
CELL.MI	Cellularline S.p.A.	3.52%	$0.09	34.70%
INFREA.ST	Infrea AB	3.52%	$0.50	67.57%
ISSP.JK	PT Steel Pipe Industry of Indonesia Tbk	3.52%	$15.00	19.85%
MGA	Magna International Inc.	3.52%	$1.92	52.47%
PARP.PA	Groupe Partouche S.A.	3.52%	$0.64	38.61%
PKI.TO	Parkland Corporation	3.52%	$1.40	73.81%
SMU.SN	SMU S.A.	3.52%	$5.49	46.99%
161390.KS	Hankook Tire & Technology Co., Ltd.	3.51%	$2,000.00	25.86%
300360.SZ	Hangzhou Sunrise Technology Co., Ltd.	3.51%	$0.61	52.03%
5106.KL	Axis Real Estate Investment Trust	3.51%	$0.07	56.99%
601128.SS	Jiangsu Changshu Rural Commercial Bank Co., Ltd.	3.51%	$0.25	19.56%
INTP.JK	PT Indocement Tunggal Prakarsa Tbk	3.51%	$259.81	43.04%
RATO-A.ST	Ratos AB (publ)	3.51%	$1.35	12.15%
002887.SZ	Tianjin LVYIN Landscape and Ecology Construction Co., Ltd	3.50%	$0.33	84.50%
603062.SS	MEGA P&C Advanced Materials (Shanghai) Company Limited	3.50%	$1.66	74.27%
CMCL	Caledonia Mining Corporation Plc	3.50%	$0.92	35.87%
DLO	DLocal Limited	3.50%	$0.49	87.74%
LAZ	Lazard Ltd	3.50%	$1.74	67.48%
TWL.MI	TraWell Co S.p.A.	3.50%	$0.21	28.69%
WJP.SI	VICOM Ltd	3.50%	$0.06	66.95%
005610.KS	SPC Samlip Co., Ltd.	3.49%	$1,803.39	45.19%
0RFL.L	VAT Group AG	3.49%	$12.50	88.50%
2030.HK	Cabbeen Fashion Limited	3.49%	$0.05	63.92%
5206.TWO	Kunyue Development Co., Ltd.	3.49%	$1.18	21.91%
5246.KL	Westports Holdings Berhad	3.49%	$0.20	71.36%
5989.T	H-One Co.,Ltd.	3.49%	$49.44	14.49%
ACO-X.TO	ATCO Ltd.	3.49%	$1.98	50.80%
CNI	Canadian National Railway Company	3.49%	$3.50	50.64%
PEAB3.SA	Companhia de Participações Aliança da Bahia	3.49%	$1.36	78.68%
026960.KS	Dong Suh Companies Inc.	3.48%	$905.33	62.72%
055550.KS	Shinhan Financial Group Co., Ltd.	3.48%	$2,668.74	26.55%
0QK5.L	INFICON Holding AG	3.48%	$3.44	43.54%
6722.TWO	Whetron Electronics Co.,Ltd.	3.48%	$1.99	24.71%
HOLM-A.ST	Holmen AB (publ)	3.48%	$12.23	66.11%
002206.SZ	Zhejiang Hailide New Material Co.,Ltd	3.47%	$0.20	43.30%
3004.SR	Northern Region Cement Company	3.47%	$0.25	79.89%
4129.TWO	United Orthopedic Corporation	3.47%	$3.80	69.70%
600133.SS	Wuhan East Lake High Technology Group Co., Ltd.	3.47%	$0.32	87.27%
601995.SS	China International Capital Corporation Limited	3.47%	$1.21	62.35%
6471.T	NSK Ltd.	3.47%	$33.82	92.34%
CSED3.SA	Cruzeiro do Sul Educacional S.A.	3.47%	$0.21	30.49%
GPRA.JK	PT Perdana Gapuraprima Tbk	3.47%	$5.00	18.12%

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