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PT Enseval Putera Megatrading Tbk. (EPMT.JK)

Company Dividend Discount ModelIndustry: Medical - DistributionSector: Healthcare

Valuation Snapshot

Stable Growth$10,101.95 - $54,967.15$19,679.22
Multi-Stage$7,909.45 - $8,657.97$8,276.78
Blended Fair Value$13,978.00
Current Price$2,300.00
Upside507.74%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.02%0.00%166.00205.00205.00200.0090.0090.005.005.005.005.00
YoY Growth---19.02%0.00%2.50%122.22%0.00%1,700.00%0.00%0.00%0.00%0.00%
Dividend Yield--7.76%8.47%7.48%7.33%4.19%3.83%0.23%0.25%0.18%0.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)758,020.29
(-) Cash Dividends Paid (M)485,126.56
(=) Cash Retained (M)272,893.73
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)151,604.0694,752.5456,851.52
Cash Retained (M)272,893.73272,893.73272,893.73
(-) Cash Required (M)-151,604.06-94,752.54-56,851.52
(=) Excess Retained (M)121,289.67178,141.19216,042.21
(/) Shares Outstanding (M)2,708.642,708.642,708.64
(=) Excess Retained per Share44.7865.7779.76
LTM Dividend per Share179.10179.10179.10
(+) Excess Retained per Share44.7865.7779.76
(=) Adjusted Dividend223.88244.87258.86
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate4.17%5.17%6.17%
Fair Value$10,101.95$19,679.22$54,967.15
Upside / Downside339.22%755.62%2,289.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)758,020.29797,210.23838,426.31881,773.28927,361.31975,306.251,004,565.43
Payout Ratio64.00%69.20%74.40%79.60%84.80%90.00%92.50%
Projected Dividends (M)485,126.56551,664.08623,784.91701,888.54786,400.82877,775.62929,223.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.48%6.48%6.48%
Growth Rate4.17%5.17%6.17%
Year 1 PV (M)513,171.85518,098.14523,024.43
Year 2 PV (M)539,772.94550,185.98560,698.51
Year 3 PV (M)564,979.27581,406.84598,149.80
Year 4 PV (M)588,838.81611,777.17635,379.25
Year 5 PV (M)611,398.13641,313.16672,387.85
PV of Terminal Value (M)18,605,683.7419,516,038.9320,461,684.56
Equity Value (M)21,423,844.7422,418,820.2123,451,324.41
Shares Outstanding (M)2,708.642,708.642,708.64
Fair Value$7,909.45$8,276.78$8,657.97
Upside / Downside243.89%259.86%276.43%

High-Yield Dividend Screener

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