Analisis Harga Wajar Saham dengan Metode Discounted Cash Flow PT Bank Tabungan Negara Tbk periode 2013-2017
(1) Universitas Indraprasta PGRI
(2) Univeraitas indraprasta pgri jakarta
(*) Corresponding Author
Abstract
The purpose of the research is to analyze and find out the fair price of the shares of PT Bank Tabungan Negara, Tbk for the period 2013-2017. The research method use quantitative descriptive methods with analyze discounted cash flow methods with proxy earning per share, dividen pay out ratio, price earning ratio dan required rate of return. The result research in 2013, 2014 and 2016 stock prices were undervalued while in 2015 and 2017 the stock prices were overvalued. Then based on the analysis using the graph of stock price movements of PT Bank Tabungan Negara, Tbk for the period 2013-2017, the results show that in 2013 and 2014 the share price of PT Bank Tabungan Negara, Tbk was almost close to its fair price, while in 2015, 2016 and 2017 the stock price PT Bank Tabungan Negara, Tbk has reached and exceeded its fair price.
Keywords
Full Text:
PDF (Indonesian)References
Filbert, Ryan dan William Prasetya. 2017. Investasi Saham ala Fundamentalis Dunia. Jakarta: Elex Media Komputindo
Hidayat, Teguh. 2017. Value Investing : Beat the Market in Five Minutes!. Jakarta: Elex Media Komputindo.
Masri, Zainal Arifin H. dan Abdul Azim Wahbi. 2017. Pasar Uang dan Pasar Modal. Jakarta : Unindra Press.
Moechdie, Abi Hurairah. 2012. Gerbang Pintar Pasar Modal. Jakarta: Capital Bridge Advisory.
Siregar, William Ardian. 2018. The Kingvestor : Bagaimana Memperoleh Keuntungan Lebih dari 100% Dalam Berinvestasi Saham. Yogyakarta: Media Pressindo.
Sugiyono. 2017. Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta.
Wira, Desmond. 2014. Buku Wajib Investor Saham : Analisis Fundamental Saham. Jakarta: Exceed.
DOI: http://dx.doi.org/10.30998/sosioekons.v11i3.4234
Refbacks
- There are currently no refbacks.
Copyright (c) 2020 Desy Septariani
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Editorial Office:
Institute for Research and Community services (LPPM)
Universitas Indraprasta PGRI
Address: Campus A Building 3, 2nd Floor
Jl. Nangka No. 58 C (TB. Simatupang), Kel. Tanjung Barat, Kec. Jagakarsa, Jakarta Selatan 12530 Phone: (021) 7818718 – 78835283 ext. 123
Close in sunday and public holidays in Indonesia
Work Hour: 09.00 AM – 08.00 PM
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.