Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Page: Dividend Discount Model

PT Matahari Department Store Tbk

Ticker: LPPF.JK | Industry: Department Stores | Sector: Consumer Cyclical
$1,870.00 +5.00 (0.27%)
As of: 2026-01-23

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$14,864.36 - $38,623.16$22,177.94
Multi-Stage DDM$5,391.53 - $5,893.11$5,637.77
Blended Fair Value$13,907.85
Stock Price$1,625.00

Dividend History (Last 10 Years)

Metric2024202320222021202020192018201720162015
DPS200.026523.446226.72697.9220.000335.827459.376484.752427.434291.892
YoY %-61.79%130.87%131.54%0.00%-100.00%-26.89%-5.23%13.41%46.44%85.03%
Yield12.309%32.212%13.952%6.026%0.000%20.666%28.269%29.831%26.304%17.963%

CAGRValue
5 Year-9.84%
10 Year2.40%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth5.50% to 7.50%6.50%
WACC9.00%9.00%
Fair Value$14,864.36 - $38,623.16$22,177.94

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income827,653.00827,653.00827,653.00
(=) Cash Required165,530.60103,456.6362,073.98
Cash Retained827,653.00827,653.00827,653.00
(-) Cash Required-165,530.60-103,456.63-62,073.98
(=) Excess Retained662,122.40724,196.38765,579.03
(/) Shares Outstanding2,259,000,0002,259,000,0002,259,000,000
(=) Excess Retained per Share293.10320.58338.90
LTM Dividend per Share200.026200.026200.026
(+) Excess Retained per Share293.10320.58338.90
(=) Adjusted Dividend493.130520.609538.928

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income827,653.00881,450.45938,744.72999,763.131,064,747.731,133,956.34
Payout Ratio54.6%25.0%41.0%57.0%73.0%90.0%
Projected Dividends451,859.00220,362.61384,885.34569,864.98777,265.851,020,560.70

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV209,087.23211,069.10213,050.97
Year 2 PV331,892.41338,214.03344,595.29
Year 3 PV446,595.44459,415.59472,478.77
Year 4 PV553,590.02574,879.53596,777.26
Year 5 PV660,592.84692,499.72725,627.75
TV PV9,977,715.5910,459,642.9810,960,014.87
Equity Value12,179,473.5212,735,720.9413,312,544.91
Fair Value$5,391.53$5,637.77$5,893.11
Stock Price$1,625.00$1,625.00$1,625.00

Top Dividend Stocks

US Market Global Market
« 1 »
Ticker Company Name Yield % DPS Payout %
ATOM3.SA Atom Empreendimentos e Participações S.A. 19.90% $0.58 71.92%
3698.HK Huishang Bank Corporation Limited 19.56% $0.64 28.80%
SVAV.ME Sollers Public Joint Stock Company 19.34% $110.64 40.44%
0536.HK Tradelink Electronic Commerce Limited 19.33% $0.20 86.09%
3658.HK New Hope Service Holdings Limited 19.28% $0.37 66.51%
0123.HK Yuexiu Property Company Limited 19.19% $0.77 90.88%
0N7I.L Cairo Communication S.p.A. 19.19% $0.36 54.94%
1798.HK China Datang Corporation Renewable Power Co., Limited 19.01% $0.40 63.00%
LBS.TO Life & Banc Split Corp. 19.00% $2.25 40.31%
HMSB.DE H & M Hennes & Mauritz AB (publ) 18.98% $3.26 47.98%
0608.HK High Fashion International Limited 18.79% $0.31 50.08%
0U8N.L Credicorp Ltd. 18.72% $53.82 66.14%
CAAS China Automotive Systems, Inc. 18.61% $0.80 72.30%
KRSB.ME PJSC Krasnoyarskenergosbyt 18.38% $4.07 82.55%
1127.HK Lion Rock Group Limited 18.37% $0.25 47.23%
HAVAS.AS Havas S.A. 18.35% $3.14 90.23%
1480.HK Yan Tat Group Holdings Limited 18.33% $0.22 49.33%
NA-PC.TO National Bank of Canada 18.32% $4.93 48.59%
1412.HK Q P Group Holdings Limited 18.24% $0.29 73.74%
FVJ.F Fortescue Metals Group Limited 18.16% $2.27 76.64%
YATO.MC Atom Hoteles SOCIMI, S.A. 18.06% $2.85 68.99%
0327.HK PAX Global Technology Limited 17.98% $0.92 61.66%
1MO.F Hello Group Inc. 17.92% $1.04 40.52%
PIN.BK Pinthong Industrial Park Public Company Limited 17.92% $0.76 80.79%
1883.HK CITIC Telecom International Holdings Limited 17.86% $0.44 87.51%
6896.HK Golden Throat Holdings Group Company Limited 17.79% $0.55 76.14%
VOT.WA Votum S.A. 17.65% $8.15 59.83%
ALTUR.PA Altur Investissement SCA, SCR 17.58% $1.93 37.11%
O7F1.F Odfjell SE 17.55% $1.78 73.02%
2219.HK Chaoju Eye Care Holdings Limited 17.38% $0.47 84.16%
001390.KS KG Chemical Corporation 17.24% $884.51 97.69%
2360.HK Best Mart 360 Holdings Limited 17.23% $0.35 82.20%
ALSAS.PA Stradim Espace Finances S.A. 17.16% $0.80 55.65%
9615.SR Mufeed Company 17.11% $5.39 35.54%
LPPF.JK PT Matahari Department Store Tbk 17.09% $300.00 82.85%
0LNT.L Fugro N.V. 17.06% $1.52 39.50%
0458.HK Tristate Holdings Limited 17.02% $0.31 33.15%
2283.HK TK Group (Holdings) Limited 16.99% $0.43 72.10%
1263.HK PC Partner Group Limited 16.85% $0.90 63.10%
2603.TW Evergreen Marine Corporation (Taiwan) Ltd. 16.83% $32.49 77.53%
ALHRG.PA Herige 16.78% $3.66 97.55%
TD-PFJ.TO The Toronto-Dominion Bank NCUM 5Y PFD SR18 16.67% $4.38 36.07%
S7MB.BE Securitas AB (publ) 16.59% $2.25 23.09%
1184.HK S.A.S. Dragon Holdings Limited 16.56% $0.75 52.32%
PBR-A Petróleo Brasileiro S.A. - Petrobras 16.54% $1.87 86.52%
VRLA.PA Verallia S.A. 16.47% $3.83 97.79%
6668.HK E-Star Commercial Management Company Limited 16.42% $0.23 72.71%
0098.HK Xingfa Aluminium Holdings Limited 16.13% $1.17 29.94%
ING.AX Inghams Group Limited 16.09% $0.41 79.67%
1234.HK China Lilang Limited 16.04% $0.54 66.61%