Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Jasuindo Tiga Perkasa Tbk (JTPE.JK)

Company Dividend Discount ModelIndustry: Specialty Business ServicesSector: Industrials

Valuation Snapshot

Stable Growth$726.34 - $1,513.56$1,024.62
Multi-Stage$564.85 - $615.19$589.57
Blended Fair Value$807.10
Current Price$334.00
Upside141.65%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.03%22.70%13.5322.505.843.757.7311.668.007.253.502.50
YoY Growth---39.86%285.40%55.68%-51.47%-33.73%45.74%10.34%107.14%40.00%42.86%
Dividend Yield--6.27%7.71%2.34%1.54%2.22%5.62%4.30%9.67%3.17%4.72%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)271,365.63
(-) Cash Dividends Paid (M)164,451.19
(=) Cash Retained (M)106,914.45
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)54,273.1333,920.7020,352.42
Cash Retained (M)106,914.45106,914.45106,914.45
(-) Cash Required (M)-54,273.13-33,920.70-20,352.42
(=) Excess Retained (M)52,641.3272,993.7486,562.03
(/) Shares Outstanding (M)6,852.056,852.056,852.05
(=) Excess Retained per Share7.6810.6512.63
LTM Dividend per Share24.0024.0024.00
(+) Excess Retained per Share7.6810.6512.63
(=) Adjusted Dividend31.6834.6536.63
WACC / Discount Rate10.10%10.10%10.10%
Growth Rate5.50%6.50%7.50%
Fair Value$726.34$1,024.62$1,513.56
Upside / Downside117.47%206.77%353.16%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)271,365.63289,004.40307,789.69327,796.01349,102.76371,794.43382,948.27
Payout Ratio60.60%66.48%72.36%78.24%84.12%90.00%92.50%
Projected Dividends (M)164,451.19192,133.20222,719.07256,469.35293,666.17334,614.99354,227.15

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.10%10.10%10.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)172,866.39174,504.94176,143.48
Year 2 PV (M)180,290.86183,724.89187,191.33
Year 3 PV (M)186,792.71192,154.85197,618.65
Year 4 PV (M)192,436.08199,836.63207,448.61
Year 5 PV (M)197,281.40206,810.16216,703.62
PV of Terminal Value (M)2,940,693.373,082,729.963,230,202.62
Equity Value (M)3,870,360.814,039,761.444,215,308.31
Shares Outstanding (M)6,852.056,852.056,852.05
Fair Value$564.85$589.57$615.19
Upside / Downside69.12%76.52%84.19%

High-Yield Dividend Screener

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