Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Panorama Sentrawisata Tbk (PANR.JK)

Company Dividend Discount ModelIndustry: Travel ServicesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$6,454.11 - $20,436.03$10,388.44
Multi-Stage$7,826.89 - $8,594.97$8,203.65
Blended Fair Value$9,296.05
Current Price$885.00
Upside950.40%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.000.000.000.000.000.000.000.003.535.25
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%-100.00%-32.78%-25.79%
Dividend Yield--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.53%1.20%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)347,296.93
(-) Cash Dividends Paid (M)83,250.00
(=) Cash Retained (M)264,046.93
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)69,459.3943,412.1226,047.27
Cash Retained (M)264,046.93264,046.93264,046.93
(-) Cash Required (M)-69,459.39-43,412.12-26,047.27
(=) Excess Retained (M)194,587.54220,634.81237,999.66
(/) Shares Outstanding (M)1,387.501,387.501,387.50
(=) Excess Retained per Share140.24159.02171.53
LTM Dividend per Share60.0060.0060.00
(+) Excess Retained per Share140.24159.02171.53
(=) Adjusted Dividend200.24219.02231.53
WACC / Discount Rate5.88%5.88%5.88%
Growth Rate2.69%3.69%4.69%
Fair Value$6,454.11$10,388.44$20,436.03
Upside / Downside629.28%1,073.84%2,209.16%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)347,296.93360,122.85373,422.44387,213.20401,513.25416,341.42428,831.66
Payout Ratio23.97%37.18%50.38%63.59%76.79%90.00%92.50%
Projected Dividends (M)83,250.00133,881.70188,139.58246,222.43308,338.76374,707.28396,669.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.88%5.88%5.88%
Growth Rate2.69%3.69%4.69%
Year 1 PV (M)125,228.15126,447.59127,667.04
Year 2 PV (M)164,604.50167,825.86171,078.45
Year 3 PV (M)201,497.61207,441.52213,501.19
Year 4 PV (M)236,021.29245,349.72254,951.97
Year 5 PV (M)268,284.73281,604.07295,447.24
PV of Terminal Value (M)9,864,179.5410,353,899.5010,862,879.39
Equity Value (M)10,859,815.8311,382,568.2711,925,525.28
Shares Outstanding (M)1,387.501,387.501,387.50
Fair Value$7,826.89$8,203.65$8,594.97
Upside / Downside784.39%826.97%871.18%

High-Yield Dividend Screener

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