The Discounted Cash Flow (DCF) valuation of Clipan Finance Indonesia Tbk PT (CFIN.JK) is 806.00 IDR. With the latest stock price at 318.00 IDR, the upside of Clipan Finance Indonesia Tbk PT based on DCF is 153.5%.
Based on the latest price of 318.00 IDR and our DCF valuation, Clipan Finance Indonesia Tbk PT (CFIN.JK) is a buy. Buying CFIN.JK stocks now will result in a potential gain of 153.5%.
Range | Selected | |
WACC / Discount Rate | 6.1% - 8.9% | 7.5% |
Long-term Growth Rate | 0.0% - 1.0% | 0.5% |
Fair Price | 450.73 - 1,425.89 | 806.00 |
Upside | 41.7% - 348.4% | 153.5% |
(IDR in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 1,790,246 | 1,607,341 | 1,648,883 | 1,681,861 | 1,715,498 | 1,749,808 |
% Growth | 22% | -10% | 3% | 2% | 2% | 2% |
Cost of goods sold | (2,896) | (2,600) | (2,668) | (2,721) | (2,775) | (2,831) |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Selling, G&A expenses | (1,059,892) | (951,605) | (976,200) | (995,724) | (1,015,638) | (1,035,951) |
% of Revenue | 59% | 59% | 59% | 59% | 59% | 59% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (453,741) | (407,383) | (417,912) | (426,271) | (434,796) | (443,492) |
% of Revenue | 25% | 25% | 25% | 25% | 25% | 25% |
Tax expense | (58,916) | (52,897) | (54,264) | (55,349) | (56,456) | (57,585) |
Tax rate | 22% | 22% | 22% | 22% | 22% | 22% |
Net profit | 214,801 | 192,855 | 197,840 | 201,797 | 205,832 | 209,949 |
% Margin | 12% | 12% | 12% | 12% | 12% | 12% |