DDM Analysis: TLKM.JK

Valuation Snapshot

Stable Growth	$5,357.12 - $15,416.39	$8,394.16
Multi-Stage	$5,789.18 - $6,332.13	$6,055.63
Blended Fair Value	$7,224.90
Current Price	$2,780.00
Upside	159.89%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	10.32%	8.51%	178.50	167.60	149.97	126.00	113.03	109.22	134.13	97.84	97.56	73.88
YoY Growth	-	-	6.50%	11.76%	19.02%	11.48%	3.49%	-18.57%	37.09%	0.29%	32.04%	-6.31%
Dividend Yield	-	-	7.41%	4.77%	3.69%	2.75%	3.30%	3.46%	3.41%	2.72%	2.36%	2.22%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	21,758,000.00
(-) Cash Dividends Paid (M)	21,047,000.00
(=) Cash Retained (M)	711,000.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	4,351,600.00	2,719,750.00	1,631,850.00
Cash Retained (M)	711,000.00	711,000.00	711,000.00
(-) Cash Required (M)	-4,351,600.00	-2,719,750.00	-1,631,850.00
(=) Excess Retained (M)	-3,640,600.00	-2,008,750.00	-920,850.00
(/) Shares Outstanding (M)	99,061.78	99,061.78	99,061.78
(=) Excess Retained per Share	-36.75	-20.28	-9.30
LTM Dividend per Share	212.46	212.46	212.46
(+) Excess Retained per Share	-36.75	-20.28	-9.30
(=) Adjusted Dividend	175.71	192.19	203.17
WACC / Discount Rate	6.66%	6.66%	6.66%
Growth Rate	3.27%	4.27%	5.27%
Fair Value	$5,357.12	$8,394.16	$15,416.39
Upside / Downside	92.70%	201.95%	454.55%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	21,758,000.00	22,687,996.94	23,657,744.52	24,668,941.78	25,723,360.41	26,822,847.79	27,627,533.22
Payout Ratio	96.73%	95.39%	94.04%	92.69%	91.35%	90.00%	92.50%
Projected Dividends (M)	21,047,000.00	21,641,124.92	22,247,587.24	22,866,356.20	23,497,375.85	24,140,563.01	25,555,468.23

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.66%	6.66%	6.66%
Growth Rate	3.27%	4.27%	5.27%
Year 1 PV (M)	20,094,930.28	20,289,508.56	20,484,086.83
Year 2 PV (M)	19,182,104.92	19,555,382.29	19,932,256.66
Year 3 PV (M)	18,306,991.50	18,843,954.73	19,391,316.41
Year 4 PV (M)	17,468,115.35	18,154,577.55	18,861,076.14
Year 5 PV (M)	16,664,057.44	17,486,620.07	18,341,349.03
PV of Terminal Value (M)	481,770,481.51	505,551,388.18	530,262,247.66
Equity Value (M)	573,486,681.01	599,881,431.37	627,272,332.73
Shares Outstanding (M)	99,061.78	99,061.78	99,061.78
Fair Value	$5,789.18	$6,055.63	$6,332.13
Upside / Downside	108.24%	117.83%	127.77%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 61 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
017810.KS	Pulmuone Co., Ltd.	2.55%	$331.61	65.57%
023160.KQ	Tae Kwang Corporation	2.55%	$535.13	21.10%
3152.TWO	Advanced Ceramic X Corporation	2.55%	$3.66	36.41%
600415.SS	Zhejiang China Commodities City Group Co., Ltd.	2.55%	$0.41	53.66%
601808.SS	China Oilfield Services Limited	2.55%	$0.36	43.75%
7606.T	United Arrows Ltd.	2.55%	$62.63	43.42%
CYRE3.SA	Cyrela Brazil Realty S.A. Empreendimentos e Participações	2.55%	$0.61	12.29%
JUNGH.SW	Jungheinrich AG	2.55%	$0.79	22.62%
RENT3.SA	Localiza Rent a Car S.A.	2.55%	$1.11	66.67%
002380.KS	KCC Corporation	2.54%	$10,000.23	6.25%
1527.HK	Zhejiang Tengy Environmental Technology Co., Ltd	2.54%	$0.05	4.95%
5212.KL	Pavilion Real Estate Investment Trust	2.54%	$0.05	39.63%
5489.TWO	DynaColor, Inc.	2.54%	$1.02	50.42%
600273.SS	Zhejiang Jiahua Energy Chemical Industry Co.,Ltd.	2.54%	$0.22	28.18%
600724.SS	Ningbo Fuda Company Limited	2.54%	$0.15	96.79%
7505.T	Fuso Dentsu Co., Ltd.	2.54%	$48.50	22.36%
8850.T	Starts Corporation Inc.	2.54%	$121.52	25.36%
BLAU3.SA	Blau Farmacêutica S.A.	2.54%	$0.35	19.81%
2367.HK	Giant Biogene Holding Co., Ltd.	2.53%	$0.87	22.55%
2701.TW	Wan Hwa Enterprise Company Ltd.	2.53%	$0.28	52.89%
600963.SS	Yueyang Forest & Paper Co., Ltd.	2.53%	$0.12	48.95%
603697.SS	YouYou Foods Co., Ltd.	2.53%	$0.31	63.16%
CK-R.BK	CH. Karnchang Public Company Limited	2.53%	$0.30	25.56%
SCHO.CO	Aktieselskabet Schouw & Co.	2.53%	$16.81	42.51%
003006.SZ	Chongqing Baiya Sanitary Products Co., Ltd.	2.52%	$0.55	80.44%
5191.T	Sumitomo Riko Company Limited	2.52%	$66.01	23.54%
600406.SS	NARI Technology Co., Ltd.	2.52%	$0.57	56.63%
600909.SS	Huaan Securities Co., Ltd.	2.52%	$0.17	38.30%
603811.SS	Zhejiang Cheng Yi Pharmaceutical Co., Ltd.	2.52%	$0.26	37.15%
BESALCO.SN	Besalco S.A.	2.52%	$30.59	34.76%
000019.SZ	Shenzhen Cereals Holdings Co., Ltd.	2.51%	$0.17	62.11%
094820.KQ	Iljin Power Co., Ltd.	2.51%	$320.01	48.44%
0QVR.L	Scandi Standard AB (publ)	2.51%	$2.49	52.58%
4041.T	Nippon Soda Co., Ltd.	2.51%	$90.77	32.02%
600056.SS	China Meheco Group Co., Ltd.	2.51%	$0.26	71.36%
605169.SS	Xinjiang Hongtong Natural Gas Co., Ltd.	2.51%	$0.33	91.06%
6691.TW	Yankey Engineering Co., Ltd.	2.51%	$13.92	62.80%
7483.T	Doshisha Co.,Ltd.	2.51%	$82.93	37.87%
GPSC-R.BK	Global Power Synergy Public Company Limited	2.51%	$0.90	51.48%
HOVE.CO	Hove A/S	2.51%	$0.14	34.71%
NOLA-B.ST	Nolato AB (publ)	2.51%	$1.50	51.20%
0QNH.L	Huber+Suhner AG	2.50%	$3.61	49.61%
100840.KS	SNT Energy Co., Ltd.	2.50%	$899.87	27.57%
138490.KS	Kolon Plastics, Inc.	2.50%	$200.40	17.45%
2612.T	Kadoya Sesame Mills Incorporated	2.50%	$99.85	34.73%
603112.SS	Shanxi Huaxiang Group Co., Ltd.	2.50%	$0.43	43.19%
603766.SS	Loncin Motor Co., Ltd.	2.50%	$0.40	45.87%
ISCTR.IS	Türkiye Is Bankasi A.S.	2.50%	$0.36	16.38%
002539.SZ	Chengdu Wintrue Holding Co., Ltd.	2.49%	$0.29	41.75%
2542.TW	Highwealth Construction Corp.	2.49%	$0.98	39.34%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLKM.JK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener