Analisis Harga Wajar Saham Sebagai Dasar Pengambilan Keputusan Investasi (Studi pada Perusahaan Makanan dan Minuman yang Terdaftar di BEI Periode 2018-2022)

Asri Lestari Anjaniputri, Imas Purnamasari, Harpa Sugiharti

Abstract


This study aims to determine investment decisions by analyzing the fair price of shares in the food and beverage sub-sector listed on the Indonesia Stock Exchange (IDX). The study used a descriptive method with a quantitative approach to provide an overview of the data distribution carried out. Sample determination using Purposive Sampling technique and obtained 10 companies that became research samples. Investment decision making is one of the primary factors that affect the ability and financial well-being of its owners. the increasing number of capital market investors and the decline in the food and beverage subsector stock index can be an information imbalance that has an impact on the company and a mistake in investment decisions if not further reviewed in relation to other factors. Analysis of the assessment of the fair price of shares is carried out to improve the assessment because the share price is a mirror of the company's future prospects. The study analyzed the fair price of shares using the Price Earning Ratio (PER) and Price to Book Value (PBV) valuation approaches. The analysis found that in 2022 DLTA and MYOR shares are overvalued or worth selling. While SKLT and HOKI shares are in an undervalued condition or stocks worth buying.


Keywords


Fair Share Price, Valuation, Price to Earning Ratio, Price to Book Value, Investment Decision.

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References


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