DDM Analysis: LPGI.JK

Valuation Snapshot

Stable Growth	$220.71 - $302.64	$262.16
Multi-Stage	$357.67 - $393.67	$375.31
Blended Fair Value	$318.74
Current Price	$460.00
Upside	-30.71%
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	-30.14%	-10.66%	2.70	5.42	33.32	13.94	10.69	16.24	12.24	8.50	8.25	9.00
YoY Growth	-	-	-50.18%	-83.72%	138.95%	30.37%	-34.15%	32.65%	44.12%	3.00%	-8.31%	7.77%
Dividend Yield	-	-	0.71%	1.42%	5.29%	2.76%	6.50%	8.90%	7.65%	4.25%	2.89%	3.68%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	124,396.79
(-) Cash Dividends Paid (M)	17,997.60
(=) Cash Retained (M)	106,399.19

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	24,879.36	15,549.60	9,329.76
Cash Retained (M)	106,399.19	106,399.19	106,399.19
(-) Cash Required (M)	-24,879.36	-15,549.60	-9,329.76
(=) Excess Retained (M)	81,519.84	90,849.59	97,069.43
(/) Shares Outstanding (M)	3,000.00	3,000.00	3,000.00
(=) Excess Retained per Share	27.17	30.28	32.36
LTM Dividend per Share	6.00	6.00	6.00
(+) Excess Retained per Share	27.17	30.28	32.36
(=) Adjusted Dividend	33.17	36.28	38.36
WACC / Discount Rate	9.99%	9.99%	9.99%
Growth Rate	-4.38%	-3.38%	-2.38%
Fair Value	$220.71	$262.16	$302.64
Upside / Downside	-52.02%	-43.01%	-34.21%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	124,396.79	120,194.86	116,134.86	112,212.01	108,421.66	104,759.34	107,902.12
Payout Ratio	14.47%	29.57%	44.68%	59.79%	74.89%	90.00%	92.50%
Projected Dividends (M)	17,997.60	35,546.81	51,889.91	67,088.37	81,200.86	94,283.41	99,809.46

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.99%	9.99%	9.99%
Growth Rate	-4.38%	-3.38%	-2.38%
Year 1 PV (M)	31,982.48	32,316.95	32,651.42
Year 2 PV (M)	42,005.49	42,888.66	43,781.02
Year 3 PV (M)	48,863.21	50,412.31	51,993.80
Year 4 PV (M)	53,211.68	55,472.75	57,805.13
Year 5 PV (M)	55,589.55	58,557.72	61,651.34
PV of Terminal Value (M)	841,365.41	886,289.53	933,112.42
Equity Value (M)	1,073,017.83	1,125,937.92	1,180,995.13
Shares Outstanding (M)	3,000.00	3,000.00	3,000.00
Fair Value	$357.67	$375.31	$393.67
Upside / Downside	-22.25%	-18.41%	-14.42%

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 Lippo General Insurance Tbk (LPGI.JK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener