Dividend Discount Models Snapshot
| Model | Range | Selected |
|---|---|---|
| Stable Growth DDM | $133.25 - $243.43 | $178.02 |
| Multi-Stage DDM | $100.63 - $110.15 | $105.30 |
| Blended Fair Value | $141.66 | |
| Stock Price | $270.17 | |
Dividend History (Last 10 Years)
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| DPS | 1.028 | 0.989 | 0.950 | 0.909 | 0.858 | 0.803 | 0.759 | 0.686 | 0.608 | 0.552 |
| YoY % | 3.95% | 4.05% | 4.53% | 5.97% | 6.78% | 5.80% | 10.75% | 12.79% | 10.07% | 10.69% |
| Yield | 0.38% | 0.37% | 0.35% | 0.34% | 0.32% | 0.30% | 0.28% | 0.25% | 0.22% | 0.20% |
| CAGR | Value |
|---|---|
| 5 Year | 5.05% |
| 10 Year | 7.49% |
Discounted Dividend Model - Stable Growth
| Metric | Range | Selected |
|---|---|---|
| LT Growth | 3.56% to 5.56% | 4.56% |
| WACC | 9.00% | 9.00% |
| Fair Value | $133.25 - $243.43 | $178.02 |
Calculation Details (Millions)
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| Required Retention Ratio | 20.0% | 12.5% | 7.5% |
| (*) Adjusted Net Income | 112,010.00 | 112,010.00 | 112,010.00 |
| (=) Cash Required | 22,402.00 | 14,001.25 | 8,400.75 |
| (=) Excess Retained per Share | 5.97 | 6.53 | 6.91 |
| LTM Dividend per Share | 1.028 | 1.028 | 1.028 |
| (=) Adjusted Dividend | 7.000 | 7.560 | 7.933 |
Multi-Stage Projections (BASE Case - Millions)
| Metric | TTM | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|---|
| Net Income | 112,010.00 | 117,117.64 | 122,458.18 | 128,042.25 | 133,880.96 | 139,985.90 |
| Projected Dividends | 15,421.00 | 29,279.41 | 50,207.85 | 72,984.08 | 97,733.10 | 125,987.31 |
Multi-Stage Valuation (Millions)
| Present Values | LOW | BASE | HIGH |
|---|---|---|---|
| Year 1 PV | 27,776.37 | 28,044.59 | 28,312.80 |
| Year 2 PV | 43,279.76 | 44,119.63 | 44,967.58 |
| Year 3 PV | 57,166.46 | 58,838.54 | 60,542.92 |
| Year 4 PV | 69,559.23 | 72,285.12 | 75,090.35 |
| Year 5 PV | 81,477.91 | 85,488.48 | 89,655.43 |
| TV PV | 1,230,657.40 | 1,291,233.65 | 1,354,172.13 |
| Equity Value | 1,509,917.14 | 1,580,010.01 | 1,652,741.22 |
| Fair Value | $100.63 | $105.30 | $110.15 |
Top Dividend Stocks
| Ticker | Company Name | Yield % | DPS | Payout % |
|---|---|---|---|---|
| 603110.SS | 603110.SS | 0.00% | $0.00 | 0.28% |
| 603159.SS | 603159.SS | 0.00% | $0.00 | 1.27% |
| 603589.SS | 603589.SS | 0.00% | $0.00 | 0.00% |
| 605398.SS | 605398.SS | 0.00% | $0.00 | 0.19% |
| 605598.SS | 605598.SS | 0.00% | $0.00 | 0.58% |
| 6087.T | 6087.T | 0.00% | $0.05 | 0.03% |
| 6114.KL | 6114.KL | 0.00% | $0.00 | 0.00% |
| 6310.T | 6310.T | 0.00% | $0.09 | 0.12% |
| 688049.SS | 688049.SS | 0.00% | $0.00 | 0.03% |
| 688067.SS | 688067.SS | 0.00% | $0.00 | 0.01% |
| 688091.SS | 688091.SS | 0.00% | $0.00 | 0.03% |
| 688256.SS | 688256.SS | 0.00% | $0.00 | 0.08% |
| 688283.SS | 688283.SS | 0.00% | $0.00 | 0.00% |
| 688356.SS | 688356.SS | 0.00% | $0.00 | 0.22% |
| 688484.SS | 688484.SS | 0.00% | $0.00 | 0.06% |
| 9964.T | 9964.T | 0.00% | $0.00 | 16.89% |
| ABMM.JK | ABMM.JK | 0.00% | $0.01 | 32.95% |
| ACE-R.BK | ACE-R.BK | 0.00% | $0.00 | 0.00% |
| ADMR.JK | ADMR.JK | 0.00% | $0.00 | 36.54% |
| AGARWALEYE.NS | AGARWALEYE.NS | 0.00% | $0.00 | 0.00% |
| ALPH.L | ALPH.L | 0.00% | $0.20 | 4.84% |
| ALRPR.TA | ALRPR.TA | 0.00% | $0.60 | 1.05% |
| ALVDM.PA | ALVDM.PA | 0.00% | $0.00 | 0.00% |
| ARYT.TA | ARYT.TA | 0.00% | $0.10 | 6.49% |
| AVAP.L | AVAP.L | 0.00% | $0.01 | 1.84% |
| BCS.WA | BCS.WA | 0.00% | $0.00 | 0.05% |
| BLGO.TA | BLGO.TA | 0.00% | $0.04 | 73.96% |
| BOURSA.KW | BOURSA.KW | 0.00% | $0.08 | 61.35% |
| BRAV3.SA | BRAV3.SA | 0.00% | $0.00 | 0.00% |
| BREN.JK | BREN.JK | 0.00% | $0.00 | 24.50% |
| BRIGADE.BO | BRIGADE.BO | 0.00% | $0.01 | 0.02% |
| BRPT.JK | BRPT.JK | 0.00% | $0.00 | 21.75% |
| CALI3.SA | CALI3.SA | 0.00% | $0.00 | 0.00% |
| CCPC.L | CCPC.L | 0.00% | $0.01 | 1.93% |
| CMDR.TA | CMDR.TA | 0.00% | $2.19 | 62.36% |
| CMPC.SN | CMPC.SN | 0.00% | $0.05 | 43.01% |
| CRBP2.PA | CRBP2.PA | 0.00% | $0.00 | 0.00% |
| CUAN.JK | CUAN.JK | 0.00% | $0.00 | 1.50% |
| CURY.L | CURY.L | 0.00% | $0.00 | 2.33% |
| DFM.AE | DFM.AE | 0.00% | $0.00 | 0.03% |
| ECOR3.SA | ECOR3.SA | 0.00% | $0.00 | 0.00% |
| EMAE4.SA | EMAE4.SA | 0.00% | $0.00 | 0.00% |
| FORTH.BK | FORTH.BK | 0.00% | $0.00 | 0.00% |
| GCHE.ME | GCHE.ME | 0.00% | $0.00 | 0.00% |
| GFI.JO | GFI.JO | 0.00% | $1.00 | 35.63% |
| GHUS-B.ST | GHUS-B.ST | 0.00% | $0.00 | 0.01% |
| HALKB.IS | HALKB.IS | 0.00% | $0.00 | 0.01% |
| HAMP.IC | HAMP.IC | 0.00% | $0.00 | 0.01% |
| HHRU.ME | HHRU.ME | 0.00% | $0.00 | 0.00% |
| HIPR.TA | HIPR.TA | 0.00% | $0.11 | 33.34% |