JAM : Jurnal Aplikasi Manajemen
Vol 18, No 3 (2020)

VALUATION OF BUMN CONSTRUCTION COMPANY STOCK PRICES AT THE TIME OF A BULLISH AT THE INDONESIAN STOCK EXCHANGE

Arni Utamaningsih (Politeknik Negeri Malang)



Article Info

Publish Date
29 Aug 2020

Abstract

This study provides an assessment of the stock prices of BUMN construction companies when the stock market in Indonesia is bullish. This study uses historical data for 2015-2018 to project stock prices in the next five years. The method used is the application of WACC, Cost of Equity, to terminate the value and value of the firm. The results showed that the company has high debt and sales costs, resulting in a decreased capital structure. The decline in capital structure performance affects investor valuations as reflected in the rise in stock prices. We are considering improving the capital structure. Future studies can develop micro aspects of valuing stock prices.

Copyrights © 2020






Journal Info

Abbrev

jam

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Jurnal Aplikasi Manajemen - Journal of Applied Management (JAM) publishes all forms of quantitative and qualitative research articles and other scientific studies related to the field of functional management (marketing, finance, human resources, and operations) as well as the applied management and ...