Syntax Literate: Jurnal Ilmiah Indonesia
Jurnal Ilmiah Indonesia

Stock Price Valuation Analysis Using Free Cash Flow To Equity And Relative Valuation Method Case: Bank Jago Tbk. (ARTO)

Hasbi Ibrahim (Master of Management, Universitas Indonesia Depok, Indonesia)
Maria Ulpah (Master of Management, Universitas Indonesia Depok, Indonesia)



Article Info

Publish Date
01 Sep 2022

Abstract

Purpose – this paper aims to calculate the intrinsic value of ARTO (PT. Bank Jago Tbk.). Design/Methodology/Approach – the stock valuation calculated using free cash flow to equity method and relative valuation method. Findings – based on the calculation, it is expected that the results of the valuation will be below the market value. Practical Implications – the findings may help related parties including investors to consider carefully before deciding their investment on the company. Originality/Value – to the author’s best knowledge, little equity research has been done for digital banking in Indonesia especially on the value of ARTO.

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Journal Info

Abbrev

syntax-literate

Publisher

Subject

Humanities Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Syntax Literate: Jurnal Ilmiah Indonesia is a peer-reviewed scientific journal that publishes original research and critical studies in various fields of science, including education, social sciences, humanities, economics, and engineering. The journal aims to provide a platform for researchers, ...