DDM Analysis: PJAA.JK

Valuation Snapshot

Stable Growth	$445.24 - $609.43	$528.44
Multi-Stage	$1,050.23 - $1,160.43	$1,104.20
Blended Fair Value	$816.32
Current Price	$474.00
Upside	72.22%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-9.60%	-4.99%	32.00	29.00	0.00	1.80	0.00	53.00	52.00	31.00	69.00	65.00
YoY Growth	-	-	10.34%	0.00%	-100.00%	0.00%	-100.00%	1.92%	67.74%	-55.07%	6.15%	21.72%
Dividend Yield	-	-	6.34%	3.28%	0.00%	0.34%	0.00%	12.16%	3.82%	2.21%	3.92%	3.33%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	139,660.00
(-) Cash Dividends Paid (M)	38,400.00
(=) Cash Retained (M)	101,260.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	27,932.00	17,457.50	10,474.50
Cash Retained (M)	101,260.00	101,260.00	101,260.00
(-) Cash Required (M)	-27,932.00	-17,457.50	-10,474.50
(=) Excess Retained (M)	73,328.00	83,802.50	90,785.50
(/) Shares Outstanding (M)	1,600.00	1,600.00	1,600.00
(=) Excess Retained per Share	45.83	52.38	56.74
LTM Dividend per Share	24.00	24.00	24.00
(+) Excess Retained per Share	45.83	52.38	56.74
(=) Adjusted Dividend	69.83	76.38	80.74
WACC / Discount Rate	7.60%	7.60%	7.60%
Growth Rate	-6.99%	-5.99%	-4.99%
Fair Value	$445.24	$528.44	$609.43
Upside / Downside	-6.07%	11.49%	28.57%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	139,660.00	131,291.79	123,424.98	116,029.54	109,077.23	102,541.49	105,617.73
Payout Ratio	27.50%	40.00%	52.50%	65.00%	77.50%	90.00%	92.50%
Projected Dividends (M)	38,400.00	52,511.83	64,794.67	75,417.04	84,533.84	92,287.34	97,696.40

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.60%	7.60%	7.60%
Growth Rate	-6.99%	-5.99%	-4.99%
Year 1 PV (M)	48,285.76	48,804.92	49,324.07
Year 2 PV (M)	54,785.19	55,969.60	57,166.67
Year 3 PV (M)	58,634.79	60,546.48	62,499.27
Year 4 PV (M)	60,433.59	63,074.88	65,801.81
Year 5 PV (M)	60,666.91	63,999.18	67,476.29
PV of Terminal Value (M)	1,397,554.38	1,474,318.16	1,554,418.63
Equity Value (M)	1,680,360.63	1,766,713.21	1,856,686.73
Shares Outstanding (M)	1,600.00	1,600.00	1,600.00
Fair Value	$1,050.23	$1,104.20	$1,160.43
Upside / Downside	121.57%	132.95%	144.82%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 80 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
301151.SZ	Shanghai Karon Eco-Valve Manufacturing Co., Ltd.	1.64%	$0.31	64.22%
4912.T	Lion Corporation	1.64%	$27.13	35.97%
5328.TWO	Hua Jung Components Co.,Ltd.	1.64%	$0.35	73.35%
600256.SS	Guanghui Energy Co., Ltd.	1.64%	$0.08	26.14%
605365.SS	Leedarson IoT Technology Inc.	1.64%	$0.44	81.91%
6244.TWO	Motech Industries Inc.	1.64%	$0.34	98.50%
6367.T	Daikin Industries,Ltd.	1.64%	$330.12	35.31%
6383.T	Daifuku Co., Ltd.	1.64%	$80.66	36.37%
6454.T	Max Co., Ltd.	1.64%	$113.15	45.27%
LSS.PA	Lectra S.A.	1.64%	$0.41	50.95%
MEVA.AT	Mevaco S.A.	1.64%	$0.15	13.50%
MOVI3.SA	Movida Participações S.A.	1.64%	$0.16	19.79%
SRSOLTD.BO	Silicon Rental Solutions Ltd.	1.64%	$1.90	9.23%
002266.SZ	Zhefu Holding Group Co., Ltd.	1.63%	$0.07	37.41%
0GDU.L	Paradox Interactive AB (publ)	1.63%	$5.00	82.82%
300121.SZ	Shandong Yanggu Huatai Chemical Co., Ltd.	1.63%	$0.21	53.84%
603013.SS	YAPP Automotive Systems Co., Ltd.	1.63%	$0.40	37.85%
603081.SS	Zhejiang Dafeng Industry Co., Ltd	1.63%	$0.23	92.61%
603194.SS	Zhejiang E-P Equipment Co Ltd	1.63%	$0.64	29.27%
603221.SS	Elegant Home-Tech Co., Ltd.	1.63%	$0.21	78.59%
BEI.DE	Beiersdorf AG	1.63%	$1.52	25.19%
CLD.WA	Cloud Technologies S.A.	1.63%	$1.14	92.28%
IVS.MI	IVS Group S.A.	1.63%	$0.12	62.72%
LDO.MI	Leonardo S.p.A.	1.63%	$0.84	33.82%
MEOH	Methanex Corporation	1.63%	$0.67	24.08%
PARKIN.AE	Parkin Company PJSC	1.63%	$0.09	49.98%
051900.KS	LG H&H Co., Ltd.	1.62%	$4,377.83	70.74%
0F4O.L	Lotus Bakeries N.V.	1.62%	$133.75	36.00%
300206.SZ	Edan Instruments, Inc.	1.62%	$0.21	48.61%
5393.T	Nichias Corporation	1.62%	$110.01	23.11%
603385.SS	Huida Sanitary Ware Co., Ltd.	1.62%	$0.11	69.37%
605050.SS	Friend Co.,Ltd.	1.62%	$0.22	30.01%
7378.T	ASIRO Inc.	1.62%	$23.93	20.21%
BPAC11.SA	Banco BTG Pactual S.A.	1.62%	$0.84	27.38%
GRMN	Garmin Ltd.	1.62%	$3.28	40.42%
RUBFILA.BO	Rubfila International Limited	1.62%	$1.20	22.45%
VALO.BA	Banco de Valores S.A.	1.62%	$8.91	22.52%
WAS.WA	Wasko S.A.	1.62%	$0.03	19.20%
002152.SZ	GRG Banking Equipment Co., Ltd.	1.61%	$0.22	65.18%
002457.SZ	Ningxia Qinglong Pipes Industry Group Co., Ltd.	1.61%	$0.18	28.21%
002913.SZ	Aoshikang Technology Co., Ltd.	1.61%	$0.69	60.58%
007570.KS	Ilyang Pharmaceutical Co.,Ltd	1.61%	$210.74	33.61%
066570.KS	LG Electronics Inc.	1.61%	$1,472.83	36.12%
603181.SS	Zhejiang Huangma Technology Co.,Ltd	1.61%	$0.23	29.53%
603416.SS	WuXi Xinje Electric Co.,Ltd.	1.61%	$0.89	59.24%
ABB.AX	Aussie Broadband Limited	1.61%	$0.08	39.83%
H22.SI	Hong Leong Asia Ltd.	1.61%	$0.04	31.75%
MATAS.CO	Matas A/S	1.61%	$2.00	26.57%
SRSN.JK	PT Indo Acidatama Tbk	1.61%	$1.00	12.49%
000050.KS	Kyungbangco.Ltd	1.60%	$149.61	11.55%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

PT Pembangunan Jaya Ancol Tbk (PJAA.JK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener