yg krusial bukan modelnya.. tp "Inputnya"...
--- In [email protected], "mr_w4w" <[EMAIL PROTECTED]> wrote: > > Para suhu, saya baru belajar valuasi DCF, > > Saya pakai "2-stage FCFE model" dari Prof. Damodoran. > > Saya mau sharing upload fail mulu, > jadi saya sarikan saja model saya di bawah. > > Asumsi2 dasar : > > Forward looking Risk-free : 8%. > Forward lloking Equity market premium : 10%. > > Beta, masing2 saham dari reuters. > Financial report data based on Q3-2007. > Debt to Equity constant. > > HASIL "2-stage FCFE" model saya : > > > 1. ANTM > 3-y G Assmpt. 20% 25% 30% 35% > Price 4,769 5,323 5,921 6,562 > > 2. BUMI > 3-y G Assmpt. 25% 30% 35% > Price 4,638 5,234 5,940 > > 3. BLTA > 3-y G Assmpt. 20% 25% 30% > Price 2,287 2,582 2,901 > > 4. UNSP > 3-y G Assmpt. 25% 30% 35% > Price 1,632 1,968 2,356 > > NB: assumsi 3 years EPS growth berdasarkan optimisme masing2 ... > di annualized. > > Disclamer Mode On ... > > Setelah Q4-07 keluar ... model harus di update lagi. > > Kalo ngaco minta petunjuknya ... > > Peace, > Wawan >
