Interdisciplinary Social Studies
Vol. 5 No. 2 (2026): Interdisciplinary Social Studies

Capital Budgeting Analysis Case Study Surfcamp Resort Development at Kepulauan Mentawai by PT XYZ

Robert J.S Najoan (Universitas Bung Karno)
Hanandewa Hanandewa (STIE Bisnis Indonesia)



Article Info

Publish Date
19 Jan 2026

Abstract

The purpose of this study is to find out how feasible the investment to be made in the investment project to be made in the surfcamp resort construction investment project at the old Rohot airport, Mentawai Islands using analysis in capital budgeting. This study is a type of descriptive quantitative analysis research where the research is to see the feasibility of investment in the construction of surfcamp resorts using capital budgeting analysis using Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period and Profitability Index. The data collection technique in this study is through a survey to the location of the investment plan, conducting data collection through structured interviews with the management of PT XYZ and the Mentawai Regency Government. Taking into account a weighted average capital cost of 9.28%, the management of the surfcamp at the old Rohot Airport will produce a Net Present Value (NPV) of IDR 48.3 billion, an Internal Rate of Return (IRR) of 30.64%, and a Profitability Index (PI) of 3.64x, where all indicators show that the surfcamp project is feasible to be implemented. Meanwhile, the results of the Payback Period analysis from Surfcamp are 5 years and 6 months, which is still within a reasonable range for property development projects.

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Journal Info

Abbrev

iss

Publisher

Subject

Environmental Science Languange, Linguistic, Communication & Media Public Health Social Sciences

Description

nterdisciplinary Social Studies (ISS) is an interdisciplinary publication of social studies and writing which publishes papers to international audiences of social researchers. ISS aims to provide a forum for scholarly understanding of social studies and plays an important role in promoting the ...