Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Vol 4 No 6 (2022): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah

Analisis Penetapan Harga Intrinsik Saham sebagai Dasar Pengambilan Keputusan Investasi dengan Menggunakan Dividend Discount Model

Nurfalika Budiarti (Universitas Sriwijaya)



Article Info

Publish Date
02 Jul 2022

Abstract

This study aims to analyze the intrinsic price of stock as a basic for an investment decision making by using Dividend Discount Model. The population used in this study were all companies listed in Kompas100 Index during the period 2015-2019. Based on the purposive sampling method, 19 companies were obtained as samples in this study. Type of this study is a descriptive method with a quantitative approach. The result based on Dividend Discount Model show that BBTN, BMRI, PGAS, PWON, TLKM stocks are in undervalued condition so it is advisable to buy these stocks. ACES, BBNI, BBRI, CTRA, INTP, JSMR, KLBF, PTBA, SCMA, UNTR, UNVR, WIKA stocks are in overvalued condition so it is advisable to sell these stocks immediately. ADHI and BJTM stocks are in correctly valued condition so it is advisable to hold these stocks Keywords: Intrinsic Price; Dividend Discount Model; Investment Decision

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Journal Info

Abbrev

alkharaj

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

AL-KHARAJ: The Journal of Islamic Economics, Finance & Business is a scientific journal published by the Center for Research and Strategic Studies (PRKS) of the Institute of Islamic Religion (IAI) National Laa Roiba Bogor. This journal contains scientific papers from academics, researchers and ...