Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PT Pratama Widya Tbk (PTPW.JK)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$1,871.50 - $9,402.65$3,899.17
Multi-Stage$4,486.75 - $4,959.16$4,718.21
Blended Fair Value$4,308.69
Current Price$930.00
Upside363.30%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS0.00%0.00%0.0019.360.000.000.000.000.000.000.000.00
YoY Growth---100.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.00%2.08%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)44,634.03
(-) Cash Dividends Paid (M)5,000.00
(=) Cash Retained (M)39,634.03
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8,926.815,579.253,347.55
Cash Retained (M)39,634.0339,634.0339,634.03
(-) Cash Required (M)-8,926.81-5,579.25-3,347.55
(=) Excess Retained (M)30,707.2334,054.7836,286.48
(/) Shares Outstanding (M)878.19878.19878.19
(=) Excess Retained per Share34.9738.7841.32
LTM Dividend per Share5.695.695.69
(+) Excess Retained per Share34.9738.7841.32
(=) Adjusted Dividend40.6644.4747.01
WACC / Discount Rate0.13%0.13%0.13%
Growth Rate-2.00%-1.00%0.00%
Fair Value$1,871.50$3,899.17$9,402.65
Upside / Downside101.24%319.27%911.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)44,634.0344,187.6943,745.8243,308.3642,875.2742,446.5243,719.92
Payout Ratio11.20%26.96%42.72%58.48%74.24%90.00%92.50%
Projected Dividends (M)5,000.0011,913.7818,688.7925,327.1131,830.7938,201.8740,440.92

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate0.13%0.13%0.13%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)11,778.2311,898.4212,018.60
Year 2 PV (M)18,265.9418,640.6219,019.10
Year 3 PV (M)24,472.4125,229.2426,001.51
Year 4 PV (M)30,406.6831,666.8932,965.88
Year 5 PV (M)36,077.5037,956.1439,912.24
PV of Terminal Value (M)3,819,204.734,018,079.584,225,154.17
Equity Value (M)3,940,205.494,143,470.894,355,071.50
Shares Outstanding (M)878.19878.19878.19
Fair Value$4,486.75$4,718.21$4,959.16
Upside / Downside382.45%407.33%433.24%

High-Yield Dividend Screener

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