STOCK SELECTION BASED ON FUNDAMENTAL ANALYSIS AND INTRINSIC VALUE
This research aims to select the best stock. The selection method is based on Peter Lynch criteria. There are at least four criteria in Peter Lynch method which should be fulfilled. Those criteria are as P/E/G ratio less than 1, EPS growth more than 20%, ROA more than 1%, and DER less than 50%. Afte...
| Main Authors: | , |
|---|---|
| Format: | Thesis |
| Published: |
[Yogyakarta] : Universitas Gadjah Mada
2013
|
| Subjects: |
| _version_ | 1826047428048977920 |
|---|---|
| author | , Jumran , Prof. Dr. Zaki Baridwan, M.Sc. |
| author_facet | , Jumran , Prof. Dr. Zaki Baridwan, M.Sc. |
| author_sort | , Jumran |
| collection | UGM |
| description | This research aims to select the best stock. The selection method is based on Peter
Lynch criteria. There are at least four criteria in Peter Lynch method which
should be fulfilled. Those criteria are as P/E/G ratio less than 1, EPS growth more
than 20%, ROA more than 1%, and DER less than 50%. After acquiring stocks
that fulfill the criteria above, next the stocks with low P/E and P/B are selected as
the appropriate stocks. The selected appropriate stocks will be evaluated using
FCFE to determine their intrinsic value.
The methodology of this research is literature study. The data used in this
research are secondary data. The secondary data were collected from Indonesia
Capital Market (IDX) and company website of the selected stock. All companies
listing in IDX since 2008 are the object of research.
The result of this research concludes that there are 13 stocks that meet Peter
Lynch criteria namely INTP, PNIN, PNBN, PNLF, BMRI, KAEF, BBRI, BBNI,
DUTI, CPIN, DLTA, TSPC, and BBTN. From those 13 companies, the four
lowest P/E and P/B companies are namely PNIN, PNLF, PNBN, and DUTI. The
researcher chooses to analyze DUTI. By using growth assumption at 6% and cost
of equity 13.26%, the intrinsic value DUTI is Rp 3,487. This Intrinsic value is
higher than the current market price of DUTI on December 31, 2012 as Rp 2,850.
The researcher recommends buying DUTI stock with 22.3% gain expectations. |
| first_indexed | 2024-03-13T23:10:43Z |
| format | Thesis |
| id | oai:generic.eprints.org:125456 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T23:10:43Z |
| publishDate | 2013 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:1254562016-03-04T08:39:29Z https://repository.ugm.ac.id/125456/ STOCK SELECTION BASED ON FUNDAMENTAL ANALYSIS AND INTRINSIC VALUE , Jumran , Prof. Dr. Zaki Baridwan, M.Sc. ETD This research aims to select the best stock. The selection method is based on Peter Lynch criteria. There are at least four criteria in Peter Lynch method which should be fulfilled. Those criteria are as P/E/G ratio less than 1, EPS growth more than 20%, ROA more than 1%, and DER less than 50%. After acquiring stocks that fulfill the criteria above, next the stocks with low P/E and P/B are selected as the appropriate stocks. The selected appropriate stocks will be evaluated using FCFE to determine their intrinsic value. The methodology of this research is literature study. The data used in this research are secondary data. The secondary data were collected from Indonesia Capital Market (IDX) and company website of the selected stock. All companies listing in IDX since 2008 are the object of research. The result of this research concludes that there are 13 stocks that meet Peter Lynch criteria namely INTP, PNIN, PNBN, PNLF, BMRI, KAEF, BBRI, BBNI, DUTI, CPIN, DLTA, TSPC, and BBTN. From those 13 companies, the four lowest P/E and P/B companies are namely PNIN, PNLF, PNBN, and DUTI. The researcher chooses to analyze DUTI. By using growth assumption at 6% and cost of equity 13.26%, the intrinsic value DUTI is Rp 3,487. This Intrinsic value is higher than the current market price of DUTI on December 31, 2012 as Rp 2,850. The researcher recommends buying DUTI stock with 22.3% gain expectations. [Yogyakarta] : Universitas Gadjah Mada 2013 Thesis NonPeerReviewed , Jumran and , Prof. Dr. Zaki Baridwan, M.Sc. (2013) STOCK SELECTION BASED ON FUNDAMENTAL ANALYSIS AND INTRINSIC VALUE. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=65625 |
| spellingShingle | ETD , Jumran , Prof. Dr. Zaki Baridwan, M.Sc. STOCK SELECTION BASED ON FUNDAMENTAL ANALYSIS AND INTRINSIC VALUE |
| title | STOCK SELECTION BASED ON FUNDAMENTAL
ANALYSIS AND INTRINSIC VALUE |
| title_full | STOCK SELECTION BASED ON FUNDAMENTAL
ANALYSIS AND INTRINSIC VALUE |
| title_fullStr | STOCK SELECTION BASED ON FUNDAMENTAL
ANALYSIS AND INTRINSIC VALUE |
| title_full_unstemmed | STOCK SELECTION BASED ON FUNDAMENTAL
ANALYSIS AND INTRINSIC VALUE |
| title_short | STOCK SELECTION BASED ON FUNDAMENTAL
ANALYSIS AND INTRINSIC VALUE |
| title_sort | stock selection based on fundamental analysis and intrinsic value |
| topic | ETD |
| work_keys_str_mv | AT jumran stockselectionbasedonfundamentalanalysisandintrinsicvalue AT profdrzakibaridwanmsc stockselectionbasedonfundamentalanalysisandintrinsicvalue |