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SOAL LATIHAN FUNDAMENTAL

1. Lakukan penilaian fundamental atas 4 BUMN berikut. Rekomendasikan saham mana yang menurut
Anda paling prospektif ke depan. Setiap alasan minimal di dukung 2 aspek, yaitu: (1) aspek
profitabilitas, (2) aspek kinerja dividen, (3) aspek kinerja saham, (4) aspek pengelolaan hutang, (5)
aspek operasional.

 Laporan keuangan per 31 desember 2013


Indikator Keuangan BUMN Karya Listed
ADHI PTPP WSKT WIKA
Total Asset (Rp miliar) 9.721 12.416 8.788 12.595
Total Hutang (Rp miliar) 8.172 10.431 6.405 9.368
Total Ekuitas (Rp miliar) 1.548 1.985 2.383 3.227
Saham Beredar (juta saham) 1.801 4.842 9.632 6.108
Sales/Revenue (Rp miliar) 9.800 11.656 9.687 11.885
Operating Income (Rp miliar) 714 767 611 1.017
Net Income (Rp miliar) 408 421 368 624
Laba per Saham (Rp) ........ ........ ........ ........

Price Earning Ratio (x) ........ ........ ........ ........


Kapitalisasi Pasar (Rp miliar) ........ ........ ........ ........
Book Value (Rp) ........ ........ ........ ........
Price to Book Value (x) ........ ........ ........ ........
Return on Assets (%) ........ ........ ........ ........
Return on Equity (%) ........ ........ ........ ........
Debt to Equity Ratio (%) ........ ........ ........ ........
Debt to Asset Ratio (%) ........ ........ ........ ........
Harga Saham (Rp) 2.985 1.845 745 2.265
Dividend Payout Ratio (%) 30 30 30 30
Dividend per Share (Rp) ........ ....... ........ ........
Dividend Yield (%) ........ ....... ........ ........
Informasi Pendukung:
 Harga saham per akhir 30 April 2014
 P/E Ratio industri konstruksi 14,59 kali

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