Metode Relative Valuation Untuk Penentuan Saham Terbaik Study Kasus : Saham Waskita Beton Precast, Tbk dan Wijaya Karya Beton, Tbk

Abstract

This scientific journal explains about looking for excellent stocks in capital market using the Relative Valuation method. The case study used is between PT.Waskita Beton Precast, Tbk (WSBP) and PT.Wijaya Karya Beton, Tbk (WTON). Under current government that lead by Mr.Joko Widodo, the infrastructure development project is very fast, many investor come to Indonesia Numbers of investor increased and many companies stocks related to infrastructure development start being collected by investors or capital market players. In the midst of a large number of infrastructure-related options companies sub sector cements like company that had business in Concrete or Precast sector is very interesting. It look to perform well and have low-priced stocks so good for investing. The method use the detail translation and calculation of the Relative Valuation method itself with indicators like Earnings Mulitiples, Book Value Multiples, Revenue Multiples and Cash Flow Multiples. By using this method, we had proof that PT. Waskita Beton Precast, Tbk more worthy as investment for an investor. Keywords Relative valuation, Sub Sector Cement Stock,Waskita Beton Precast,Wijaya Karya Beton