Claim Missing Document
Check
Articles

Found 1 Documents
Search

Perbandingan Residual Income Model Dan Free Cas Flow To Equity Model Dalam Penilaian Saham Rahmat Setiawan; Anugrah Ugga Praceka
Jurnal Mirai Management Vol 8, No 1 (2023)
Publisher : STIE AMKOP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37531/mirai.v8i1.3878

Abstract

This study aims to compare the accuracy of the Residual Income Model (RIM) and the Free Cash Flow to Equity Model (FCFEM) in assessing the stock prices of companies listed on the Indonesia Stock Exchange. The sample of this research is stocks of non-banking companies included in the IDX HIGH DIVIDEND 20 index. The approach used in this study is a quantitative approach using the Mann-Whitney U Test and compare means of two groups. By comparing the Absolute Percentage Error generated from RIM and FCFEM, the results of this study indicate that the RIM method is more accurate than the FCFE method in assessing stock prices. Keywords: Stock Valuation; RIM, FCFEM, Absolute Percentage Error