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CTTH
-8.0%
CMNT
-4.5%
INTP
-3.9%
HK
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印尼 / 材料 / 建築材料
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貨幣
Rp
綜觀
股息
財報
模型
財務狀況
比較
穩健度
圖表
5 年 DCF 收入退出價
股價
157.00
IDR
公允價值
298.86
IDR
Metrics
Range
Conclusion
Discount Rate
10.3% - 9.3%
9.8%
Terminal Revenue Multiple
1.5x - 1.7x
1.6x
Fair Value
Rp281 - Rp317.38
Rp298.86
Upside
79.0% - 102.2%
90.4%
2.0%
Revenue 5y CAGR
20.8%
5y Avg EBITDA Margin
0.6%
Unlevered FCF 5y CAGR
5-Year DCF Model: Revenue Exit
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儲存
股價
157.00
IDR
公允價值
298.86
IDR
看漲
90.4%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
Select Revenue and EBITDA Forecast
(IDR in millions)
Input Projections
Fiscal Years Ending
Dec-24
Dec-25
Dec-26
Dec-27
Dec-28
Dec-29
Revenue
2,091,352
2,133,179
2,175,843
2,219,360
2,263,747
2,309,022
% Growth
2.5%
2.0%
2.0%
2.0%
2.0%
2.0%
EBITDA
429,718
443,638
452,510
461,561
470,792
480,208
% of Revenue
20.5%
20.8%
20.8%
20.8%
20.8%
20.8%
支援算式
Calculation of Free Cash Flow
Discounting Periods
Discounting Factors
Calculation of Enterprise Value
Equity Waterfall
Historical Financials
Current Trading Multiples
Calculation of Free Cash Flow
Projected Unlevered Cash Flow
(IDR in millions)
Dec-25
Dec-26
Dec-27
Dec-28
Dec-29
EBITDA
443,638
452,510
461,561
470,792
480,208
Other Income / (Exp)
0
0
0
0
0
D&A
(197,213)
(201,157)
(205,180)
(209,284)
(213,469)
EBIT
246,425
251,353
256,381
261,508
266,738
Pro forma Taxes
(66,535)
(67,865)
(69,223)
(70,607)
(72,019)
NOPAT
170,667
179,890
183,488
187,158
190,901
194,719
Capital Expenditures
(37,290)
(61,020)
(65,240)
(66,544)
(67,875)
(69,233)
NWC Investment
(5,712)
(4,715)
(4,809)
(4,905)
(5,003)
(5,103)
(+) D&A
195,927
197,213
201,157
205,180
209,284
213,469
Free Cash Flow
323,593
311,368
314,596
320,888
327,306
333,852
% Growth
-4%
1%
2%
2%
2%
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