Analysis of Stock Intrinsic Value Using Relative Valuation on Agriculture Sector Listed in JII70 Period 2016-2019

Authors

  • Hendra H. Dukalang Fakultas Ekonomi dan Bisnis Islam, IAIN Sultan Amai Gorontalo

DOI:

https://doi.org/10.54045/mutanaqishah.v1i1.8

Keywords:

PER, PBV, PSR, Relative Valuation

Abstract

This study aims to determine the intrinsic value or fair value of shares and the position of share value in Agriculture sub-sector companies, whether Overvalued (expensive), undervalued (cheap), or fair-valued (fair) using the relative valuation method approach for the 2016 – 2019 observation period in Agriculture sub-sector companies. The population in this study were 70 samples of companies from various sub-sectors. Determination of the sample is with the technique of purose sampling. So that the sample obtained is three companies in the field of agriculture with the provision that they have the most liquid index. Calculation data is processed using Ms. Excel 2010. The calculation results using the Relative Valuation Method are that AALI and LSIP companies are recommended for sale because they are in an Overvalued position, while SIMP company shares are recommended to be purchased because they are in an undervalued position

 

References

Andito Nico, Wijaya Chandara. 2016. Jurnal Analisis Valuasi Harga Saham Sektor Perbankan Dengan Pendekatan Relative Valuation. FISIP UI.

Sulasmiyati Sri, Nugraha Egananda. 2017. Jurnal Analisis Nilai Intrinsik Saham Dengan Menggunkan Relative Valuation Techniques (studi pada perusahaan sub sektor Rokok yang terdaftar di BEI). Fakultas Ilmu Administrasi Univ Brawijaya Malang.

Puspitasari Ria, Megaster Tekni. 2013. Jurnal Analisis Valuasi Harga Saham Dengan Metode Free Cash Flow To Equity (FCFF) Dan Metode Relative Valuation Pada Saham- Saham IDX30. Universitas Muhammadiyah Tanggerang.

Guinan, jack. 2009. Cara Mudah Memahami Investasi. Mizan Media Utama. Bandung.

Tandelilin, Eduardus. 2010. Portofolio dan investasi. Yogyakarta. Kanisius

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Published

2021-06-01

How to Cite

Hendra H. Dukalang. (2021). Analysis of Stock Intrinsic Value Using Relative Valuation on Agriculture Sector Listed in JII70 Period 2016-2019. Mutanaqishah: Journal of Islamic Banking, 1(1), 50–58. https://doi.org/10.54045/mutanaqishah.v1i1.8

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Section

Articles