Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT. Gajah Tunggal Tbk (GJTL.JK)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$4,678.33 - $8,890.54$6,377.79
Multi-Stage$7,132.55 - $7,839.18$7,479.09
Blended Fair Value$6,928.44
Current Price$1,115.00
Upside521.38%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%17.43%49.810.000.009.960.000.000.004.980.009.96
YoY Growth--0.00%0.00%-100.00%0.00%0.00%0.00%-100.00%0.00%-100.00%-0.22%
Dividend Yield--4.72%0.00%0.00%1.59%0.00%0.00%0.00%0.61%0.00%1.36%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,060,274.00
(-) Cash Dividends Paid (M)173,577.00
(=) Cash Retained (M)886,697.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)212,054.80132,534.2579,520.55
Cash Retained (M)886,697.00886,697.00886,697.00
(-) Cash Required (M)-212,054.80-132,534.25-79,520.55
(=) Excess Retained (M)674,642.20754,162.75807,176.45
(/) Shares Outstanding (M)3,484.413,484.413,484.41
(=) Excess Retained per Share193.62216.44231.65
LTM Dividend per Share49.8249.8249.82
(+) Excess Retained per Share193.62216.44231.65
(=) Adjusted Dividend243.43266.25281.47
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate1.27%2.27%3.27%
Fair Value$4,678.33$6,377.79$8,890.54
Upside / Downside319.58%472.00%697.36%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,060,274.001,084,325.461,108,922.501,134,077.511,159,803.131,186,112.331,221,695.70
Payout Ratio16.37%31.10%45.82%60.55%75.27%90.00%92.50%
Projected Dividends (M)173,577.00337,190.14508,136.83686,665.59873,032.431,067,501.091,130,068.52

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate1.27%2.27%3.27%
Year 1 PV (M)313,403.25316,498.02319,592.80
Year 2 PV (M)438,973.10447,685.40456,483.31
Year 3 PV (M)551,354.77567,850.05584,671.10
Year 4 PV (M)651,545.64677,664.74704,561.38
Year 5 PV (M)740,476.72777,766.03816,542.71
PV of Terminal Value (M)22,156,959.4123,272,751.0324,433,048.33
Equity Value (M)24,852,712.8926,060,215.2927,314,899.63
Shares Outstanding (M)3,484.413,484.413,484.41
Fair Value$7,132.55$7,479.09$7,839.18
Upside / Downside539.69%570.77%603.07%

High-Yield Dividend Screener

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