Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

PT Elnusa Tbk (ELSA.JK)

Company Dividend Discount ModelIndustry: Oil & Gas Equipment & ServicesSector: Energy

Valuation Snapshot

Stable Growth$4,030.76 - $16,544.51$10,448.95
Multi-Stage$2,060.51 - $2,249.89$2,153.48
Blended Fair Value$6,301.21
Current Price$468.00
Upside1,246.41%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS23.84%5.29%27.5725.907.4510.2412.219.465.084.3410.4539.75
YoY Growth--6.45%247.65%-27.23%-16.15%29.01%86.34%16.99%-58.44%-73.72%141.32%
Dividend Yield--6.53%6.82%2.39%3.48%3.55%6.27%1.34%0.93%2.69%11.94%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)607,166.00
(-) Cash Dividends Paid (M)480,141.00
(=) Cash Retained (M)127,025.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)121,433.2075,895.7545,537.45
Cash Retained (M)127,025.00127,025.00127,025.00
(-) Cash Required (M)-121,433.20-75,895.75-45,537.45
(=) Excess Retained (M)5,591.8051,129.2581,487.55
(/) Shares Outstanding (M)7,298.507,298.507,298.50
(=) Excess Retained per Share0.777.0111.16
LTM Dividend per Share65.7965.7965.79
(+) Excess Retained per Share0.777.0111.16
(=) Adjusted Dividend66.5572.7976.95
WACC / Discount Rate7.24%7.24%7.24%
Growth Rate5.50%6.50%7.50%
Fair Value$4,030.76$10,448.95$16,544.51
Upside / Downside761.27%2,132.68%3,435.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)607,166.00646,631.79688,662.86733,425.94781,098.63831,870.04856,826.14
Payout Ratio79.08%81.26%83.45%85.63%87.82%90.00%92.50%
Projected Dividends (M)480,141.00525,473.85574,671.38628,044.47685,928.06748,683.04792,564.18

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.24%7.24%7.24%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)485,388.37489,989.21494,590.05
Year 2 PV (M)490,338.61499,678.18509,105.86
Year 3 PV (M)494,999.97509,209.64523,688.68
Year 4 PV (M)499,380.53518,585.29538,338.73
Year 5 PV (M)503,488.19527,806.86553,056.26
PV of Terminal Value (M)12,565,013.1713,171,908.0013,802,030.13
Equity Value (M)15,038,608.8315,717,177.1816,420,809.70
Shares Outstanding (M)7,298.507,298.507,298.50
Fair Value$2,060.51$2,153.48$2,249.89
Upside / Downside340.28%360.15%380.75%

High-Yield Dividend Screener

« Prev Page 7 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PLYMPlymouth Industrial REIT, Inc.4.80%$1.0549.94%
SAFTSafety Insurance Group, Inc.4.80%$3.6361.47%
CETCentral Securities Corp.4.79%$2.4313.87%
GBLIGlobal Indemnity Group, LLC4.79%$1.3870.11%
JANIXJanus Henderson Triton Fund Class D4.79%$1.2767.95%
MITNAG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 20294.77%$1.2175.90%
PRUPrudential Financial, Inc.4.77%$5.4373.37%
IFAFXThe Income Fund of America, Class F-1 Shares4.76%$1.2433.91%
AMECXAmerican Funds The Income Fund of America Class A4.74%$1.2433.91%
UMPQUmpqua Holdings Corporation4.74%$0.8454.13%
NFBKNorthfield Bancorp, Inc.4.73%$0.5454.01%
SBSISouthside Bancshares, Inc.4.72%$1.4462.24%
TNLTravel + Leisure Co.4.72%$3.4054.99%
AIRCApartment Income REIT Corp.4.68%$1.8341.27%
SONSonoco Products Company4.68%$2.0832.95%
OFLXOmega Flex, Inc.4.67%$1.3685.30%
FTAIOFTAI Aviation Ltd.4.65%$1.1825.22%
WDWalker & Dunlop, Inc.4.65%$2.7379.29%
0J2Z.LHA Sustainable Infrastructure Capital, Inc.4.63%$1.4766.70%
FLMNFalcon Minerals Corporation4.63%$0.3681.83%
GSRMGSR II Meteora Acquisition Corp.4.62%$0.1532.94%
FBFWXAmerican Funds Retirement Income Portfolio - Moderate Class F-14.61%$0.6379.77%
GPSThe Gap, Inc.4.61%$0.9341.48%
QUADQuad/Graphics, Inc.4.61%$0.2764.56%
BMYBristol-Myers Squibb Company4.59%$2.4582.81%
WTBAWest Bancorporation, Inc.4.56%$0.9952.39%
SCPLSciPlay Corporation4.55%$1.0417.40%
OLPOne Liberty Properties, Inc.4.53%$0.9257.61%
RWAYLRunway Growth Finance Corp. - 74.53%$1.1475.51%
INSWInternational Seaways, Inc.4.52%$2.1248.43%
RWAYZRunway Growth Finance Corp. 8.00% Notes due 20274.52%$1.1475.51%
DDominion Energy, Inc.4.48%$2.6597.13%
TGTTarget Corporation4.48%$4.5054.48%
COLBColumbia Banking System, Inc.4.47%$1.2662.95%
DFPAXBNY Mellon Diversified International Fund Class A4.46%$0.4556.12%
KEYKeyCorp4.46%$0.9495.81%
RPTIXT. Rowe Price Mid-Cap Growth Fund4.46%$4.3859.54%
CGBDCarlyle Secured Lending, Inc.4.45%$0.5655.08%
NEWTPNewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B4.44%$1.0244.14%
PFCPremier Financial Corp.4.43%$1.2468.07%
BFCBank First Corporation4.40%$5.3073.82%
DUKDuke Energy Corporation4.40%$5.1780.55%
0L77.LSkyworks Solutions, Inc.4.37%$2.7990.67%
ESCAEscalade, Incorporated4.35%$0.6065.28%
DINOHF Sinclair Corporation4.34%$2.0396.43%
LBAILakeland Bancorp, Inc.4.34%$0.5844.96%
CVXChevron Corporation4.32%$6.7495.36%
CVBFCVB Financial Corp.4.31%$0.8154.32%
HTBKHeritage Commerce Corp4.30%$0.5273.66%
EQREquity Residential4.28%$2.6689.76%