Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Central Omega Resources Tbk (DKFT.JK)

Company Dividend Discount ModelIndustry: Industrial MaterialsSector: Basic Materials

Valuation Snapshot

Stable Growth$803.37 - $1,211.59$996.06
Multi-Stage$1,569.34 - $1,729.10$1,647.64
Blended Fair Value$1,321.85
Current Price$720.00
Upside83.59%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.000.000.000.000.000.000.000.000.000.00
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-100.00%
Dividend Yield--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)519,081.17
(-) Cash Dividends Paid (M)55,134.86
(=) Cash Retained (M)463,946.31
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)103,816.2364,885.1538,931.09
Cash Retained (M)463,946.31463,946.31463,946.31
(-) Cash Required (M)-103,816.23-64,885.15-38,931.09
(=) Excess Retained (M)360,130.08399,061.16425,015.22
(/) Shares Outstanding (M)5,513.495,513.495,513.49
(=) Excess Retained per Share65.3272.3877.09
LTM Dividend per Share10.0010.0010.00
(+) Excess Retained per Share65.3272.3877.09
(=) Adjusted Dividend75.3282.3887.09
WACC / Discount Rate7.19%7.19%7.19%
Growth Rate-2.00%-1.00%0.00%
Fair Value$803.37$996.06$1,211.59
Upside / Downside11.58%38.34%68.28%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)519,081.17513,890.36508,751.45503,663.94498,627.30493,641.03508,450.26
Payout Ratio10.62%26.50%42.37%58.25%74.12%90.00%92.50%
Projected Dividends (M)55,134.86136,167.07215,573.13293,377.45369,604.12444,276.92470,316.49

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.19%7.19%7.19%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)125,752.78127,035.97128,319.16
Year 2 PV (M)183,859.30187,630.68191,440.34
Year 3 PV (M)231,080.45238,226.77245,518.93
Year 4 PV (M)268,855.41279,998.21291,483.84
Year 5 PV (M)298,456.63313,997.96330,180.07
PV of Terminal Value (M)7,544,509.417,937,369.528,346,427.52
Equity Value (M)8,652,513.999,084,259.129,533,369.86
Shares Outstanding (M)5,513.495,513.495,513.49
Fair Value$1,569.34$1,647.64$1,729.10
Upside / Downside117.96%128.84%140.15%

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