UI - Skripsi (Open) :: Kembali

UI - Skripsi (Open) :: Kembali

Penggunaan metode Free Cash Flow to Equity dan Relative Valuation dalam penilaian saham PT. Bank Rakyat Indonesia Tbk = Free Cash Flow to Equity and Relative Valuation Methods for Stock Valuation of PT. Bank Rakyat Indonesia Tbk

Eka Riski Ningtyas; Ratih Savitri Ali, examiner (Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2012)
 Abstrak
[ABSTRAK
Seiring dengan perkembangan usaha mikro, kecil dan menengah
(UMKM), industri perbankan mikro pun mengalami perkembangan yang
signifikan dengan banyaknya bank-bank besar yang terjun ke sektor ini. Salah
satu bank milik pemerintah yang fokus pada pengembangan UMKM ini adalah
PT Bank Rakyat Indonesia Tbk. Dengan proporsi target bisnis UMKM sebesar
80% dan Corporate sebesar 20% dan didukung dengan luasnya jaringan di
seluruh Indonesia BRI menjadi market leader di sector ini.
Penilaian saham perlu dilakukan sebelum investor mengambil keputusan
untuk membeli, mempertahankan atau menjual saham. Penilaian saham BRI ini
menggunakan analisis fundamental dengan pendekatan topdown approach. Hasil
dari analisis itu kemudian digunakan untuk perhitungan harga wajar saham
dengan menggunakan metode Free Cash Flow to Equity (FCFE) dan Relative
Valuation. Hasil dari perhitungan tersebut menunjukkan bahwa saham BRI berada
dalam kondisi undervalued jika dibandingkan dengan harga pasar. Untuk itu
investor disarankan untuk membeli saham BRI tersebut.

ABSTRACT
Along with the development of micro, small and medium enterprises
(SMEs), micro-banking industry also significantly growth with the number of
major banks who involved into this sector. One of the government-owned bank
that focuses on SMEs is PT Bank Rakyat Indonesia Tbk. With the proportion of
SME business targets by 80% and 20% Corporate and supported by the extensive
network throughout Indonesia BRI become market leader in this sector.
Stock valuation needs to be done before investors decide to buy, hold or
sell stocks. BRI?s valuation uses fundamental analysis approach with topdown
approach. The results used for the calculation of fair prices of shares by using the
Free Cash Flow to Equity (FCFE) and Relative Valuation. The results of these
calculations indicate that the BRI?s stock is in undervalued compared to market
prices. It is advisable for investors to buy shares of the BRI, Along with the development of micro, small and medium enterprises
(SMEs), micro-banking industry also significantly growth with the number of
major banks who involved into this sector. One of the government-owned bank
that focuses on SMEs is PT Bank Rakyat Indonesia Tbk. With the proportion of
SME business targets by 80% and 20% Corporate and supported by the extensive
network throughout Indonesia BRI become market leader in this sector.
Stock valuation needs to be done before investors decide to buy, hold or
sell stocks. BRI?s valuation uses fundamental analysis approach with topdown
approach. The results used for the calculation of fair prices of shares by using the
Free Cash Flow to Equity (FCFE) and Relative Valuation. The results of these
calculations indicate that the BRI?s stock is in undervalued compared to market
prices. It is advisable for investors to buy shares of the BRI]
 File Digital: 1
Shelf
 S-PDF-Eka Riski Ningtyas.pdf ::
 Metadata
No. Panggil : S-Pdf
Nama orang :
Nama orang tambahan :
Nama badan tambahan :
Subjek :
Penerbitan : [Place of publication not identified]: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2012
Program Studi :
Kode Bahasa : ind
Sumber Pengatalogan : LibUI ind rda
Tipe Konten : text
Tipe Media : computer
Tipe Carrier : online resource
Deskripsi Fisik : xv, 125 pages : illustration ; 30 cm
Catatan Bibliografi : pages 93-94
Lembaga Pemilik : Universitas Indonesia
Lokasi : Perpustakaan UI, Lantai 3
  • Ketersediaan
  • Ulasan
  • Sampul
No. Panggil No. Barkod Ketersediaan
S-Pdf 14-17-806748681 TERSEDIA
Ulasan:
Tidak ada ulasan pada koleksi ini: 20319928