DDM Analysis: GMTD.JK

Valuation Snapshot

Stable Growth	$196.03 - $291.66	$241.60
Multi-Stage	$252.16 - $276.62	$264.16
Blended Fair Value	$252.88
Current Price	$2,520.00
Upside	-89.97%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	2.83%	-7.47%	2.30	0.30	0.00	0.00	0.00	2.00	1.60	2.50	4.50	6.50
YoY Growth	-	-	666.67%	0.00%	0.00%	0.00%	-100.00%	25.00%	-36.00%	-44.44%	-30.77%	30.00%
Dividend Yield	-	-	0.10%	0.01%	0.00%	0.00%	0.00%	0.11%	0.08%	0.19%	0.85%	0.88%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	23,911.93
(-) Cash Dividends Paid (M)	2,335.37
(=) Cash Retained (M)	21,576.56

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	4,782.39	2,988.99	1,793.39
Cash Retained (M)	21,576.56	21,576.56	21,576.56
(-) Cash Required (M)	-4,782.39	-2,988.99	-1,793.39
(=) Excess Retained (M)	16,794.17	18,587.56	19,783.16
(/) Shares Outstanding (M)	1,015.38	1,015.38	1,015.38
(=) Excess Retained per Share	16.54	18.31	19.48
LTM Dividend per Share	2.30	2.30	2.30
(+) Excess Retained per Share	16.54	18.31	19.48
(=) Adjusted Dividend	18.84	20.61	21.78
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	0.35%	1.35%	2.35%
Fair Value	$196.03	$241.60	$291.66
Upside / Downside	-92.22%	-90.41%	-88.43%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	23,911.93	24,235.94	24,564.33	24,897.18	25,234.53	25,576.46	26,343.75
Payout Ratio	9.77%	25.81%	41.86%	57.91%	73.95%	90.00%	92.50%
Projected Dividends (M)	2,335.37	6,256.08	10,282.61	14,417.12	18,661.77	23,018.81	24,367.97

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	0.35%	1.35%	2.35%
Year 1 PV (M)	5,631.25	5,687.36	5,743.48
Year 2 PV (M)	8,331.21	8,498.08	8,666.59
Year 3 PV (M)	10,514.42	10,831.88	11,155.67
Year 4 PV (M)	12,250.74	12,746.39	13,256.92
Year 5 PV (M)	13,601.75	14,293.07	15,012.22
PV of Terminal Value (M)	205,708.57	216,163.92	227,040.13
Equity Value (M)	256,037.95	268,220.70	280,875.01
Shares Outstanding (M)	1,015.38	1,015.38	1,015.38
Fair Value	$252.16	$264.16	$276.62
Upside / Downside	-89.99%	-89.52%	-89.02%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 9 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
ATLO	Ames National Corporation	3.84%	$0.87	48.60%
FRME	First Merchants Corporation	3.83%	$1.44	35.39%
PCAR	PACCAR Inc	3.83%	$4.27	83.66%
0HJO.L	AvalonBay Communities, Inc.	3.82%	$6.86	84.26%
FE	FirstEnergy Corp.	3.82%	$1.73	75.49%
LXFR	Luxfer Holdings PLC	3.81%	$0.52	98.38%
LCII	LCI Industries	3.80%	$4.72	64.48%
NEN	New England Realty Associates Limited Partnership	3.78%	$2.44	73.23%
PAYX	Paychex, Inc.	3.78%	$4.10	91.97%
RGCO	RGC Resources, Inc.	3.78%	$0.81	63.02%
UBSI	United Bankshares, Inc.	3.78%	$1.45	48.05%
SLVM	Sylvamo Corporation	3.77%	$1.80	41.11%
CAC	Camden National Corporation	3.75%	$1.61	47.99%
ARCH	Arch Resources, Inc.	3.74%	$5.04	50.87%
USB	U.S. Bancorp	3.74%	$2.02	43.68%
WSR	Whitestone REIT	3.74%	$0.52	60.32%
FDBC	Fidelity D & D Bancorp, Inc.	3.73%	$1.61	35.71%
WNC	Wabash National Corporation	3.73%	$0.33	5.38%
VLY	Valley National Bancorp	3.72%	$0.43	47.26%
GHLD	Guild Holdings Company	3.71%	$0.74	36.91%
FNF	Fidelity National Financial, Inc.	3.69%	$2.00	46.79%
IPAR	Inter Parfums, Inc.	3.68%	$3.15	61.47%
WSBF	Waterstone Financial, Inc.	3.68%	$0.61	45.57%
AROW	Arrow Financial Corporation	3.66%	$1.15	54.67%
ASIX	AdvanSix Inc.	3.66%	$0.63	32.72%
ASRV	AmeriServ Financial, Inc.	3.66%	$0.12	78.81%
CVGW	Calavo Growers, Inc.	3.66%	$0.80	71.92%
OXY	Occidental Petroleum Corporation	3.65%	$1.55	75.62%
FMAO	Farmers & Merchants Bancorp, Inc.	3.64%	$0.89	37.59%
LNKB	LINKBANCORP, Inc.	3.64%	$0.30	29.21%
BHRB	Burke & Herbert Bank & Trust Company	3.63%	$2.24	31.71%
EOG	EOG Resources, Inc.	3.63%	$3.90	38.34%
FITB	Fifth Third Bancorp	3.61%	$1.72	47.89%
LNC	Lincoln National Corporation	3.61%	$1.63	14.98%
MCBS	MetroCity Bankshares, Inc.	3.61%	$0.95	36.60%
OZK	Bank OZK	3.61%	$1.70	26.69%
PCB	PCB Bancorp	3.61%	$0.78	31.72%
SFD	SMITHFIELD FOODS INC	3.60%	$0.80	36.46%
0HOB.L	H&R Block, Inc.	3.59%	$1.54	33.12%
ASB	Associated Banc-Corp	3.59%	$0.92	87.56%
PLOW	Douglas Dynamics, Inc.	3.59%	$1.18	66.47%
EXC	Exelon Corporation	3.58%	$1.57	56.50%
MC	Moelis & Company	3.58%	$2.55	85.89%
TIPT	Tiptree Inc.	3.57%	$0.64	49.10%
BPRN	Princeton Bancorp, Inc.	3.56%	$1.20	46.56%
EVRG	Evergy, Inc.	3.56%	$2.60	71.71%
CZFS	Citizens Financial Services, Inc.	3.55%	$1.97	27.82%
CNO-PA	CNO Financial Group, Inc. 5.125	3.54%	$0.67	22.53%
NBTB	NBT Bancorp Inc.	3.54%	$1.47	46.30%
0JQQ.L	Archer-Daniels-Midland Company	3.53%	$2.03	82.76%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

PT Gowa Makassar Tourism Development Tbk (GMTD.JK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener