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FUNDAMENTAL AND TECHNICAL ANALYSIS AS THE BASIS FOR SHARE INVESTMENT DECISION MAKING Putri, Mahrani; Aminda, Renea Shinta; Yudhawati, Diah
Manager : Jurnal Ilmu Manajemen Vol. 6 No. 1 (2023): Manager : Jurnal Ilmu Manajemen
Publisher : Universitas Ibn Khaldun Bogor

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Abstract

At the beginning of 2020, when the COVID-19 virus entered Indonesia, the Indonesian economy slumped and experienced a decline. However, there are some companies that actually benefit and the fluctuations in the company's stock price tend to be stable. One of them is a pharmaceutical company. Over time, when the Indonesian people began to adapt, many industrial companies were targeting investors from the community to be used as a source of capital for their companies through the capital market. Before investing in stocks, investors should first examine their stocks with fundamental and technical analysis. The purpose of this research is for investment decisions to sell and buy stocks with fundamental and technical analysis. This research is quantitative descriptive. The population of this study is the pharmaceutical sub-sector companies listed on ISSI for the period 2019-2021. The decision-making method in this study uses purposive sampling and the number of samples is 8 companies. This study uses secondary data and research variables, namely NPM, ROA, ROE, PBV and RSI. The results obtained in this study, with a fundamental analysis of the financial performance of 8 pharmaceutical sector companies, 5 companies including PT. Darya Varia Laboratoria Tbk, PT. Kalbe Farma Tbk, PT. Merck Indonesia Tbk, PT. Industri Jamu dan Farmasi Sido Muncul Tbk, dan PT. Tempo Scan Pasific Tbk. have good financial performance. And 3 companies, namely PT. Indofarma Tbk, PT. Kimia Farma, PT Pharos Tbk experienced a decline. The best year's PBV for stock transactions is in 2021 with an average of 4.23. With the Technical Analysis of the Relative Strength Index, in 2019 PT. Industri Jamu dan Farmasi Sido Muncul Tbk, PT. Darya Varia Laboratoria Tbk received the highest return. In 2020, PT Indofarma Tbk and PT Kimia Farma Tbk received the highest returns. Then in 2021 PT. Industri Jamu dan Farmasi Sido Muncul Tbk, PT. Darya Varia Laboratoria Tbk and PT Indofarma Tbk produced the highest returns.”
ANALYSIS OF VALUATION AND STOCK RETURNS AS A BASIS FOR MAKING STOCK INVESTMENT DECISIONS WITH THE DISCOUNTED CASHFLOW (DCF) METHOD Zahra, Ghinayatul; Yudhawati, Diah; Maulida, Denia
Manager : Jurnal Ilmu Manajemen Vol. 6 No. 1 (2023): Manager : Jurnal Ilmu Manajemen
Publisher : Universitas Ibn Khaldun Bogor

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Abstract

This research is motivated by the development of infrastructure that runs rapidly and results in competition between companies. Therefore the company must be able to survive and improve its business performance to attract more investors to invest. The purpose of this study was to determine the analysis of stock valuation and stock returns in a company as the basis for making stock investment decisions whether undervalued or overvalued by using one of the stock valuation analyzes, namely the Discounted Cash Flow (DCF) method. from the Sea Transportation SubSector Companies Listed on the IDX for the 2017-2021 Period. The results of the analysis in this research are that the condition of the shares of LEAD and MBSS in 2017-2021 is undervalued where the market price is lower than the fair price, so investors should buy these shares. Meanwhile, BBRM, BLTA and HITS 2018 and BBRM, HITS and PTIS in 2020 are overvalued where the market price is higher than the fair price, so investors should sell the company's shares.
Analysis of Financial Distress Predictions Using Altman (Z-score), Zmijewski (X-score) and Grover (G-score) Methods Rahayu, Sari; Yudhawati, Diah; Suharti, Titing
Manager : Jurnal Ilmu Manajemen Vol. 6 No. 4 (2023): Manager : Jurnal Ilmu Manajemen
Publisher : Universitas Ibn Khaldun Bogor

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Abstract

The purpose of this study is to determine the prediction of financial distress analysis using the Altman Z-Score, Zmijewski and Grover methods and to determine the most accurate prediction method of financial distress analysis and the error rate of the three methods used in predicting Retail Sub Sector Companies. The type of data in this study uses quantitative data and uses secondary data sources obtained from company financial reports on the Indonesian Stock Exchange website. The sampling procedure used was purposive sampling with predetermined criteria. The samples in this study were 21 Retail Sub Sector companies listed on the Indonesia Stock Exchange for the 2019-2021 period. The data analysis method used was Altman's Modified Z-Score, Zmijewski and Grover methods. The results of this study indicate that the Altman Modified Z-Score method has an accuracy rate of 63%, the Zmijewski method is 62% and the Grover method is 54%. It can be concluded that the Altman modified (Z-Score) method is a method that has the highest level of accuracy for analyzing financial distress in Retail Sub Sector companies for the 2019-2021 period.
ANALYSIS OF FINANCIAL DISTRESS USING THE ZMIJEWSKI (X-SCORE) METHOD Yanti, Novi; Aminda, Renea Shinta; Yudhawati, Diah
Manager : Jurnal Ilmu Manajemen Vol. 6 No. 4 (2023): Manager : Jurnal Ilmu Manajemen
Publisher : Universitas Ibn Khaldun Bogor

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Abstract

The purpose of this study was to analyze the financial distress of plantation sub-sector companies using the Zmijewski method (X-Score) and to determine the level of accuracy and type of error of the three methods. The population in this study are 19 companies. Then, the samples in this study were obtained using a purposive sampling technique of 44 samples from 11 plantation sub-sector companies listed on the Indonesia Stock Exchange in 2018-2021. The data source used in this study uses secondary data in the form of company financial reports from the official website of the Indonesia Stock Exchange and the websites of each company. The analysis technique used is a quantitative descriptive analysis technique using financial ratios from the Zmijewski method. The results of this study indicate that the Zmijewski method has an accuracy rate of 36%. Two companies experiencing financial distress PT. Jaya Agra Wattie Tbk and PT. Eagle High Plantations Tbk.
Analysis of the Financial Performance of LQ-45 Banking Companies Before and After Rights Issues Fahrudin; Suharti, Titing; Yudhawati, Diah
Manager : Jurnal Ilmu Manajemen Vol. 8 No. 2 (2025): Manager : Jurnal Ilmu Manajemen
Publisher : Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/managerjurnalilmumanajemen.v8i2.1641

Abstract

This study aims to determine whether there are significant differences in the company's financial performance before and after the implementation of the right issue action in LQ-45 index banking companies in the 2020-2023 period. Financial performance in this study is measured using current ratio and return on equity indicators. The type of data in this study is quantitative with secondary data sources. Sample collection using purposive sampling technique with sample results consisting of 4 banking companies. The analysis method was carried out with a paired samples t-test using SPSS 27. The results of this study indicate that there is a significant difference in the current ratio before and after the implementation of the right issue. Meanwhile, return on equity does not show a significant difference in the financial performance of banking companies in the LQ-45 index in the 2020-2023 period.
Co-Authors ., Asti Marlina ., Budihardjo ., Budiharjo Achmad, Ardyansyah Armanda Saputra Adawiyah, Siti Robiatul Adilla Zahratul Hilmi Agung Wibowo Ahmad Zulfikar Akbar, Savira Alarsy, Alfi Arrahman Alsalbiyah, Neng Nur Alya Putri Khairunnisa Angga Prasetia Anggraeni, Dea Lirista Anjari, Adzkia Puspa Anuraga Kusumah Apriyani, Ria Ari, Silvia Asti Marlina Aulia Zahra Azolla Degita Azis Berliani Fatimah Cindy Apriliani Damayanti, Lusi damayanti, muthia Denia Maulani Diyah Novitasari Drajat, Romi Aditiya Edwin Darmawan Darmawan fahrudin Fatimah, Berliani Fauzan, Irfan Hadi Fina Adlia Firdaus, M. Azis Ginting, Adilla Zahratul Handayani, Laras Ayu Fitri Hurriyaturrohman Hurriyaturrohman Hurryaturrohman Ida Farida Ijudin Immas Nur Hayati Imran, Ulfa Mahfiah Ismawardhani, Mutiara Ismawati Ismawati Isnadia, Inggit Julianto ., Julianto Kapriadi, Delfa Khotijah, Nur Zulfa Kurniasih, Dina Lestari, Lian Asti Lubis, Vivi Alda Indah M. Ali Fikri M. Imam Sundarta M. Zakie Hanifan Maida Ayu Putri Masruri, M. Anwar Maulida, Denia Mentari, Veny Mubarok, A. Muhamad Azis Firdaus Muhammad Nur Rizqi Mukhtaram, M. Ardyan Mulyani, Echa Tania Nasution, Armansyah Nasution, Halimatussa' diah Niati, Atikah Indah Novi Yanti Novianto, Deri Novita Ika Dyamayanti Nurasila, Ersah Nurhayati, Immas Nurmaalasari, Siti Pebi Silpiawati Prambudi, Muhammad Fadly Prasetyowati, Riris Aishah Purnama, Risky Putra, Riki Ade Putri Widianti Putri, Mahrani Putri, Yucke Olviani Rachmatulaily K.R Rahayu, Sari Rahmah Apriliani Rahmat Mulyana Dali Raida Dzaqiatul Haqimah Ramadan, Dicky Ramadhanty, Dini Rasiman Rasiman Renea Shinta Aminda Rizqi, Muhammad Nur Saidah, Latifatus Saidah, Rina Salman, Vaina Hanin Salwa Salsabila Saputra, Muhammad Meigie Septa Anggraeni Septi Wulandari Septianti, Ajeng Septy Putri Andini Sherlina Ayu Dwi Miliyani Sholahuddin, Mohammad Siami, Astri Sifha Hafidza Silfy Ayu Rahmawati Siti Nur Maulani Siti Nur Maulani siti rahmah Siti Rossy Aida Supramono Syahrani Arselia Putri Syahrum Agung Syamsiar, Syamsiar Titing Suharti Triana, Elida Verni Asvariwangi Vina Sulistia Damayanti Viviana Hara Vianisya Widiya, Dede Wijaya, Alni Novianti Yulyawati, Suci Yunita . Zahra, Ghinayatul