Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Bank Tabungan Negara (Persero) Tbk (BBTN.JK)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$4,168.78 - $8,807.93$5,910.52
Multi-Stage$5,004.87 - $5,490.90$5,243.30
Blended Fair Value$5,576.91
Current Price$1,285.00
Upside334.00%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.51%4.10%49.8943.3916.930.001.4940.0143.1437.3226.3815.90
YoY Growth--14.97%156.29%0.00%-100.00%-96.27%-7.25%15.60%41.49%65.91%-52.39%
Dividend Yield--5.64%2.91%1.38%0.00%0.09%4.94%1.88%1.11%1.21%0.94%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,227,615.00
(-) Cash Dividends Paid (M)751,833.00
(=) Cash Retained (M)2,475,782.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)645,523.00403,451.88242,071.13
Cash Retained (M)2,475,782.002,475,782.002,475,782.00
(-) Cash Required (M)-645,523.00-403,451.88-242,071.13
(=) Excess Retained (M)1,830,259.002,072,330.132,233,710.88
(/) Shares Outstanding (M)14,034.4414,034.4414,034.44
(=) Excess Retained per Share130.41147.66159.16
LTM Dividend per Share53.5753.5753.57
(+) Excess Retained per Share130.41147.66159.16
(=) Adjusted Dividend183.98201.23212.73
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate2.51%3.51%4.51%
Fair Value$4,168.78$5,910.52$8,807.93
Upside / Downside224.42%359.96%585.44%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,227,615.003,340,929.343,458,221.893,579,632.323,705,305.213,835,390.183,950,451.88
Payout Ratio23.29%36.64%49.98%63.32%76.66%90.00%92.50%
Projected Dividends (M)751,833.001,223,949.821,728,289.902,266,533.892,840,440.753,451,851.163,654,167.99

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate2.51%3.51%4.51%
Year 1 PV (M)1,132,457.841,143,505.051,154,552.26
Year 2 PV (M)1,479,562.971,508,570.251,537,859.13
Year 3 PV (M)1,795,301.981,848,356.071,902,445.23
Year 4 PV (M)2,081,706.312,164,131.422,248,980.36
Year 5 PV (M)2,340,691.702,457,109.052,578,113.14
PV of Terminal Value (M)61,410,799.1764,465,145.2667,639,829.71
Equity Value (M)70,240,519.9773,586,817.1177,061,779.83
Shares Outstanding (M)14,034.4414,034.4414,034.44
Fair Value$5,004.87$5,243.30$5,490.90
Upside / Downside289.48%308.04%327.31%

High-Yield Dividend Screener

« Prev Page 47 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
4588.KLUMW Holdings Berhad3.46%$0.1722.64%
600039.SSSichuan Road & Bridge Co.,Ltd3.46%$0.3438.73%
6179.TWOATE Energy International Co., Ltd.3.46%$1.0161.93%
CCECCapital Clean Energy Carriers Corp.3.46%$0.7114.75%
PPGL.JKPT Prima Globalindo Logistik Tbk3.46%$6.5459.35%
4280.SRKingdom Holding Company3.45%$0.2761.01%
4731.KLScientex Berhad3.45%$0.1235.19%
600956.SSChina Suntien Green Energy Corporation Limited3.45%$0.2560.39%
9310.TJapan Transcity Corporation3.45%$39.1840.54%
A2B.AXA2B Australia Limited3.45%$0.0510.73%
JUBILE.BKJubilee Enterprise Public Company Limited3.45%$0.2442.76%
OBS.DEOrbis AG3.45%$0.2029.66%
SNGR.LSNGN Romgaz S.A.3.45%$0.3545.29%
T.MEIPJSC T-Technologies3.45%$108.9019.03%
002546.SZNanjing Xinlian Electronics Co., Ltd3.44%$0.2428.69%
003010.KSHaein Corporation3.44%$184.3018.44%
1861.HKPrecious Dragon Technology Holdings Limited3.44%$0.0713.56%
2M6.DEMedtronic plc3.44%$2.8175.86%
353810.KQEASY BIO,Inc.3.44%$200.0033.23%
4523.TEisai Co., Ltd.3.44%$160.1791.46%
8951.TNippon Building Fund Incorporation3.44%$4,915.8152.71%
OND.WAOnde S.A.3.44%$0.3087.35%
4540.TTsumura & Co.3.43%$139.6637.89%
6764.TWOAce Edulink Co., Ltd.3.43%$1.0084.07%
688366.SSShanghai Haohai Biological Technology Co., Ltd.3.43%$1.5189.50%
9028.TZERO Co., Ltd.3.43%$138.3233.30%
MGLU3.SAMagazine Luiza S.A.3.43%$0.3061.17%
002555.SZ37 Interactive Entertainment Network Technology Group Co., Ltd.3.42%$0.8156.85%
002993.SZDongguan Aohai Technology Co., Ltd.3.42%$1.5079.56%
2472.TWLelon Electronics Corp.3.42%$4.0255.54%
3060.SRYanbu Cement Company3.42%$0.5071.47%
3116.TToyota Boshoku Corporation3.42%$85.9881.58%
4299.THIMACS, Ltd.3.42%$44.9543.10%
CGAS3.SACompanhia de Gás de São Paulo - COMGÁS3.42%$4.1133.65%
HSN.AXHansen Technologies Limited3.42%$0.1857.93%
2291.HKLEPU ScienTech Medical Technology (Shanghai) Co., Ltd.3.41%$0.5638.72%
3355.TKuriyama Holdings Corporation3.41%$56.5527.28%
600638.SSShanghai New Huang Pu Industrial Group Co., Ltd.3.41%$0.2291.32%
OFSS.BOOracle Financial Services Software Limited3.41%$263.6797.03%
SVI.BKSVI Public Company Limited3.41%$0.2562.32%
2428.TWellnet Corporation3.40%$22.0138.29%
600572.SSZhejiang CONBA Pharmaceutical Co.,Ltd.3.40%$0.1555.59%
601216.SSInner Mongolia Junzheng Energy & Chemical Group Co.,Ltd.3.40%$0.1641.07%
7447.TNagaileben Co., Ltd.3.40%$61.1173.38%
AHOG.DEKoninklijke Ahold Delhaize N.V.3.40%$1.1951.79%
CRC-R.BKCentral Retail Corporation Public Company Limited3.40%$0.6152.01%
SSM.AXService Stream Limited3.40%$0.0853.67%
TGHTextainer Group Holdings Limited3.40%$1.7034.66%
TRA.AXTurners Automotive Group Limited3.40%$0.2439.34%
0RD8.LXior Student Housing N.V.3.39%$0.9949.30%