Penelitian ini bertujuan untuk menganalis nilai wajar saham PT Erajaya Swasembada Tbk. dengan menggunakan metode discounted free cash flow to firm dan free cash flow to equity. Analisis nilai wajar saham ini menggunakan analisis fundamental dengan pendekatan top-down-approach, yang meliputi analisis makroekonomi, analisis industri, analisis perusahaan dan valuasi, dan dilengkapi dengan simulasi Monte Carlo, Price to Earning ratio, dan Price to Book Value ratio. Berdasarkan analisis-analisis yang dilakukan dalam studi ini, diharapkan studi ini dapat memberikan hasil berupa nilai wajar saham, prospek industri dimana perusahaan beroperasi, dan rekomendasi kepada investor terhadap saham PT Erajaya Swasembada Tbk.

---

This research aims to analyze the fair value of PT Erajaya Swasembadas stock with discounted free cash flow to firm and free cash flow to equity method.. This study uses fundamental analysis with top-down approach which includes macroeconomics analysis, industry analysis, company analysis, and valuation, also Monte Carlo Simulation, Price to Earning Ratio and Price to Book Value Ratio.

Based on this analysis, this study is expected to provide results of the fair value of the stock, industry prospect, and recommendation for investor about PT Erajaya Swasembadas Stock.