PT Mayora Indah Research Articles

PENGARUH CURRENT RATIO (CR) DAN DEBT TO EQUITY RATIO (DER) TERHADAP RETURN ON ASSET (ROA) PADA PT MAYORA INDAH TBK PERIODE 2009 – 2020

This study aims to determine whether there is a significant effect between Current Ratio (CR) and Debt to Equity Ratio (DER) on Return On Assets (ROA) at PT Mayora Indah Tbk for the 2009-2020 period, either partially or simultaneously. The method used in this study is a quantitative descriptive research method, using secondary data from the financial statements and annual report of PT Mayora Indah Tbk for the 2009-2020 period. The population of this study is the financial statements of PT Mayora Indah Tbk and the sample of this study is data that comes from the financial statements in the form of a balance sheet and income statement at PT Mayora Indah Tbk for the 2009-2020 period. The data analysis technique used in this research is descriptive statistical analysis test, classical assumption test (normality test, multicollinearity test, heteroscedasticity test, autocorrelation test), regression test (simple linear regression analysis, multiple linear regression analysis), correlation coefficient test, test coefficient of determination, hypothesis testing (partial test/T test and simultaneous test/F test). Based on the results of the research, the results of the t-test obtained t-count Current Ratio (CR) -0.004 < ttable 2.262 and the value of Sig 0.997 > 0.05, meaning that it partially has no effect and is not significant between the Current Ratio (CR) to Return On Assets (ROA). And tcount Debt to Equity Ratio (DER) of -2.463 > ttable 2.262 and Sig value of 0.036 <0.05, which means partially Debt to Equity Ratio (DER) has a negative and significant effect on Return On Assets (ROA). For the F test, it is obtained that Fcount is 4.224 > ttable is 4.10 and Sig value is 0.051 > 0.05, which means that simultaneously Current Ratio (CR) and Debt to Equity Ratio (DER) have a positive and insignificant effect on Return On Assets (ROA).

FINANCIAL PERFORMANCE ASSESSED FROM QUICK RATIO, CURRENT RATIO, RETURN ON INVESTMENT, NET PROFIT MARGIN IN MANUFACTURING COMPANIES LISTED IN INDONESIA STOCK EXCHANGE 2017 - 2019

This study aims to determine the financial performance of manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019 in terms of the Quick Ratio, Current Ratio, Return On Investment, and Net Profit Margin. This type of research is quantitative research. The population in this study were all 182 manufacturing companies listed on the Indonesia Stock Exchange from 2017 to 2019. The sampling technique used was purposive sampling and the number of samples in this study were 11 companies. The data collection technique is secondary data, so the data is taken from the financial statements of Manufacturing Companies listed on the IDX 2017-2019 through the Indonesia Stock Exchange website (www.idx.co.id). Testing the research hypothesis using multiple linear regression analysis through SPSS 26. The results of this study indicate that each company, judging from the ratios owned, has increased and decreased quite varied. From the points obtained, it can be seen that the companies that have the best level of financial health during 2017 to 2019 are PT HM Sampoerna Tbk, PT Tempo Scan Pasific Tbk and PT Mayora Indah Tbk. And the company that has the most unhealthy level of financial health during 2017 to 2019 is PT Wismilak Inti Makmur Tbk.
 
 Keywords: Financial Performance, Quick ratio, Current ratio, Return on investment, Net profit margin

DRAKOR RASA KOPIKO (Analisis Komunikasi Pemasaran Kopiko Pada Drama Korea Vincenzo

Kopiko is a coffee-flavoured candy brand from Indonesia produced by PT Mayora Indah Tbk. The appearance of the Kopiko candy advertisement in the Korean drama Vincenzo had made Indonesian audiences excited. Although Kopiko's products are known to several countries and produce advertisements regularly, Indonesians are indifferent and don't even know about it. This phenomenon is interesting to study from the aspect of marketing communication where Kopiko tries to use alternative marketing strategies by becoming a sponsor in a Korean Drama. This study uses a qualitative descriptive method by analyzing the phenomenon of kopiko advertisements that appear in the Korean drama Vincenzo widely and clearly. Korean dramas have been accepted by the Indonesian people, especially their fans. In this study, it was found that the number of Korean drama fans in Indonesia, Kopiko's reputation, the impact of staying at home during the Covid 19 pandemic until the trade cooperation between Indonesia and South Korea was signed further paved the way for Kopiko to become a sponsor in the Korean drama Vincenzo 2021.

Analisis Efektivitas Metode Penyusutan Aktiva Tetap Terhadap Laba Pada PT Mayora Indah Tbk

A company manages the company to maximize the return on an investment in the company. The investment is in the form of fixed assets with an economic life of more than one year. Fixed assets are properly depreciated using the depreciation method. The amount of depreciation expense on fixed assets will affect the profit of a company. This study aims to determine the effect of the effectiveness of the fixed asset depreciation method on the profit of PT Mayora Indah Tbk. This research uses a quantitative approach and a comparative method. The data collection technique used is the documentation technique in the form of the financial statements of PT Mayora Indah Tbk. period 2017-2019. The results of this research show that the straight-line depreciation method tends to have a higher profit than the sum of years digits method or the declining balance method. This is influenced by the amount of depreciation expense using the straight-line method to produce a fixed or constant value every year

Analisis Efektivitas Metode Penyusutan Aktiva Tetap Terhadap Laba Pada PT Mayora Indah Tbk

A company manages the company to maximize the return on an investment in the company. The investment is in the form of fixed assets with an economic life of more than one year. Fixed assets are properly depreciated using the depreciation method. The amount of depreciation expense on fixed assets will affect the profit of a company. This study aims to determine the effect of the effectiveness of the fixed asset depreciation method on the profit of PT Mayora Indah Tbk. This research uses a quantitative approach and a comparative method. The data collection technique used is the documentation technique in the form of the financial statements of PT Mayora Indah Tbk. period 2017-2019. The results of this research show that the straight-line depreciation method tends to have a higher profit than the sum of years digits method or the declining balance method. This is influenced by the amount of depreciation expense using the straight-line method to produce a fixed or constant value every year

Pengaruh Perubahan Arus Kas dan Profitabilitas Terhadap Return Saham Pada PT Mayora Indah Tbk

The increase and decrease in cash flow each year shows that the performance of a company is not stable. This is accompanied by the industry average return on investment ratio below 30%, which means that the return on investment is not good. This is because the profit bars obtained decreased drastically in 2014. This study aims to analyze the effect of changes in cash flow and profitability on stock returns at PT Mayora Indah Tbk either partially or simultaneously. This study uses an associative approach. The population of this research is the financial statement data of PT Mayora Indah Tbk for 43 years from 1977 - 2020. The sample of this research is for 12 years from 2009 - 2020. The sampling technique in this study used purposive sampling. The type of data is quantitative research with secondary data sources. The data analysis technique uses the classical assumption test, multiple linear regression analysis, multiple correlation, the coefficient of determination, the T test and the F test using the Statistical Product and Service Solution (SPSS) version 16 program. In this study, operating cash flow, investment cash flow, funding cash flow and return on investment have an effect on stock returns with the magnitude of the effect of 67.1% and the remaining 32.9% is influenced by other factors. Partially, only the investment cash flow variable has a significant effect on stock returns, while the operating cash flow, funding cash flow and return on investment variables have no effect on stock returns. Simultaneously, there is no significant influence on the independent variable operating cash flow, investment cash flow, funding cash flow and return on investment on the dependent variable of stock returns.

Penggerombolan Data Panel Perusahaan Sektor Barang Konsumsi

The identification of the cluster of consumer goods sector companies is enough important study to examine the characteristics of the company based on its marketing management factors. This study seeks to cluster 23 consumer goods sector companies based on 4 marketing management factors, which are production costs, promotion costs, distribution costs, and sales value in 2012-2016. There are two parts of clustering that are carried out, the clustering of consumer goods sector companies based on the time series pattern for each marketing management factor with the ward method, and clustering of consumer goods sector companies using multivariate panel data using the k-means method. The results of the clustering for each marketing management factor using the ward method produced 2 groups in each factor, with cluster 2 having an average of each factor greater than group 1. The companies found in cluster 2 were PT Indofood CBP Sukses Makmur, PT Indofood Sukses Makmur, PT Mayora Indah, PT Unilever Indonesia Tbk, PT Handjaya Mandala Sampoerna Tbk, International Investama Tbk, PT Kalbe Farma Tbk, and PT Tempo Scan Pacific Tbk. On the other hand, clustering of multivariate panel data produced 6 groups where group 5 is the cluster with the highest average on each factor. Group 5 consists of PT Indofood Sukses Makmur and PT Handjaya Mandala Sampoerna Tbk. The company with the highest value in multivariate panel data is also found in the results of the cluster with the highest value for each marketing management factor.

ANALISIS LAPORAN KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PADA PT MAYORAN INDAH,Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA

The purpose of this research are : 1. Know the description of the company,s financial performance at PT Mayora Indah, Tbk. 2. To find out what factors caused Mottled financial performance at PT Mayora Indah, Tbk tend to increase. The research was conducted using qualitative, descriptive methods of analysis, methods of trend and inductive methods. The research of the data is qualitative and quantitative data. The data of this research is used secondary data. Data collection is used by the method of documentation. The results of this research can be summed up as follows: 1. Trend quick ratio has increased. Trend in the Debt to asset Ratio has increased. Total Assets Turn over trend has increased. The trend of Return On Assets (ROA), Return On Equity (ROE), the Net Profit Margin (NPM) experienced an increase in the company's financial performance so that it can be said better. 2. The factors that lead to good performance is the business accounts receivable, short term loans, increased sales and inventory. The results of the analysis suggest that PT Mayora Indah, Tbk We recommend you be cautious in doing short term loans. In addition the company should improve the effectiveness of the management of inventory. Should the company optimizes the management of accounts receivable in order to collect the accounts receivable business to the company. We recommend that you keep the company sales activity is stable so that the company obtained more optimal net profit margin.

Effect of Firm Characteristic to Profitability in PT Indofood Cbp, Sukses Makmur Tbk and PT Mayora Indah Tbk


 
 
 
 This research is aims to examine, analyze, and find the empirical evidence of the influence of firm characteristic proxied by firm age, firm size, sales growth, liquidity, and leverage on profitability proxied by return on sales in PT Indofood CBP, Sukses Makmur Tbk, and PT Mayora Indah Tbk. The study using employed multiple regression as tool for the analysis. The results of this study show that firm age, liquidity, and leverage have significant effect on profitability. However, the firm size and sales growth has no effect on profitability.
 
 
 

ANALISIS PERPUTARAN KAS, PERPUTARAN PIUTANG, DAN PERPUTARAN PERSEDIAAN TERHADAP GROSS PROFIT MARGIN (GPM) PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) TAHUN 2011-2015

Penelitian bertujuan untuk mengetahui pengaruh perputaran kas, perputaran piutang, dan perputaran persediaan terhadap Gross Profit Margin (GPM) pada perusahaan manufaktur sub sektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2011 - 2015 sehingga diharapkan dapat bermanfaat bagi pihak perusahaan manufaktur sub sektor makanan dan minuman di Indonesia sebagai bahan masukan dalam upaya meningkatkan laba kotor serta diharapkan dapat membuat kebijakan baru dalam kegiatan operasionalnya sehingga dapat meningkatkan laba kotor perusahaan manufaktur sub sektor makanan dan minuman di Indonesia. Jenis penelitian ini adalah penelitian kausal yang bertujuan menguji hipotesis tentang pengaruh variabel independen terhadap variabel dependen dengan pendekatan deskriptif kuantitatif. Populasi dalam penelitian ini yaitu perusahaan manufaktur sub sektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia (BEI) periode 2011-2015 yang terdiri dari 14 perusahaan. Dengan teknik sampling yang digunakan adalah random sampling yaitu teknik penentuan sampel secara acak. Maka diperoleh 6 perusahaan, yaitu PT Indofood CBP Sukses Makmur Tbk (ICBP), PT Indofood Sukses Makmur Tbk (INDF), PT Mayora Indah Tbk (MYOR), PT Nippon Indosari Corpindo Tbk (ROTI), PT Siantar Top Tbk (STTP), dan PT Ultra Jaya Milk Industry and Trading Company Tbk (ULTJ). Alat uji analisis yang digunakan adalah analisis regresi berganda. Hasil penelitian ini menunjukkan bahwa Perputaran Kas terhadap Gross Profit Margin (GPM) secara parsial menunjukkan hasil bahwa terdapat pengaruh negatif signifikan, Perputaran Piutang terhadap Gross Profit Margin (GPM) secara parsial menunjukkan hasil bahwa terdapat pengaruh negatif signifikan, Perputaran Persediaan terhadap Gross Profit Margin (GPM) secara parsial menunjukkan hasil bahwa terdapat pengaruh positif signifikan. Secara simultan Perputaran Kas, Perputaran Piutang, dan Perputaran Persediaan memiliki pengaruh positif signifikan terhadap Gross Profit Margin (GPM) sebesar 80,8 %.
 
 Kata Kunci : Perputaran Kas, Perputaran Piutang, Perputaran Persediaan, Gross Profit Margin (GPM).

METODE DU PONT SYSTEM UNTUK MENILAI KINERJA KEUANGAN PADA PERUSAHAAN FOOD AND BAVERAGE YANG TERDAFTAR DI BEI PERIODE 2013-2016

The purpose of this study was to determine the company's financial performance by usingthe method du pont system. This study uses financial statement data for the 2012-2015 period anduses the Du Pont System method with a focus on research on ROE which is influenced by EquityMultiplier, ROI influenced by Net Profit Margin and Total Turn Over Assets. The companies studiedwere three Food and Beverage Companies listed on the Stock Exchange, namely PT. Mayora Indah,PT. Three Pillars of Prosperity Tbk and PT. Indofood CBP Sukses Makmur Tbk. The results showedthat the return on investment resulting from the net profit margin, PT Indofood CBP Sukses MakmurTbk had a fairly stable return on investment every year even though it had experienced a decline in2013 and 2014 but experienced a return and obtained the largest percentage of net profit margin inthe year 2015 compared to two other companies. Fluctuations in return on investment or ROI areinfluenced by many factors, such as net profit margins and total assets turnover. The net profit marginis derived from net profit (loss) divided by sales in each period, so that the net profit margin is affectedby the amount of sales, cost of goods sold, operating expenses which consist of sales expenses andgeneral and administrative expenses and other net expenses incurred in order to generate net incomein each period. Total assets turnover is also a factor that influences the rate of return on investmentROI obtained from sales divided by the total assets of the company each period. So that the totalassets turnover is influenced by the amount of assets owned by the company which consists of currentassets and non-current assets whose values differ in each period. Judging from the percentage ofROA generated from this study, PT Mayora Indah Tbk was able to produce the highest ROA and wasa very significant increase compared to the ROA generated in the previous year, because the resultswere almost twice the ROA of the previous year. PT Mayora Indah Tbk's Return On Equity is alsoconsidered good because of the highest ROE in each year compared to PT Tiga Pilar Sejahtera Tbkand PT Indofood CBP Sukses Makmur Tbk.

Pengaruh, Hutang Jangka Pendek dan Penjualan Terhadap Pertumbuhan Laba Perusahaan

Income is one important indicator to assess performance of a company. As the most liquid assets of the company, cash is important to measure the adequacy of the company's costs needed to repay debts and finance its activities. The purpose of this study was to determine the effect of cash on earnings, the influence of short-term debt on earnings growth, the influence of sales on profit growth, and how cash, short-term debt and the sales are affecting the profit growth in the company PT. Indocement Tunggal Prakasa. Tbk, PT. Mayora Indah. Tbk, and PT. Astra Otoparts. Tbk. The year of observation is of period 2005-2014, and types of data used are secondary data derived from the company's official website as well as the Indonesian Stock Exchange. The analytical method used in this study is regression analysis to find variables that have effects either partially or simultaneously. Based on the results of research conducted over a period of 10 years from 2005 to 2014, it can be concluded that the Treasury had no significant effect on earnings growth partially in PT Indocement single prakasa, PT Mayora Indah Tbk and PT Astra, short-term debt partially had not significant effect on profit growth PT Indocement PT Mayora and PT Astra. Sales had not partially significant effect on earnings growth at PT Indocemet Tunggal Tbk prakasa whereas in PT Mayora Indah Tbk and PT Astra Otoparts it had significantly affected on earnings growth.

Pengaruh Penerapan PSAK No. 46 Terhadap Laporan Laba Rugi Pada Tiga Perusahaan Yang Terdaftar di BEI

The company follows a accounting standards generally accepted in drawing up the financial statements, namely Financial accounting standards (SAK). For various reasons, that standard is different from the taxation provisions also utilize accounting information. Due to the difference of a few things in Financial accounting standards (SAK) with the provisions of the Regulation militate in% u2013 Invitation taxation. Bond Accountant Indonesia (IAI) has confirmed the Statements of financial accounting standards (PSAK) No. 46 concerning accounting for income taxes, is a new thing in the accounting standards for enterprises in Indonesia. PSAK No. 46.The purpose of this research is to know concerning PSAK NO. 46 and see if PSAK NO. 46 already applied on the PT Astra International Tbk, PT Mustika Ratu Tbk, PT Mayora Indah Tbk. And how its influence from the application of PSAK NO.46 of the income statement of the company. The study was conducted at the corner of Indonesia stock exchange at STIE Kesatuan Bogor. The results showed that in the application of PSAK NO. 46 will develop assets and deferred tax liabilities interest arising due to temporary differences. The influence of the application of PSAK NO. 46 on the income statements give rise to a difference between the burden of income tax with income tax debt resulting from the existence of differences in recognition of tax-deferred interest assets, which is set to PSAK NO. 46.

Analisis Perputaran Modal Kerja Dan Perputaran Total Aset Terhadap Basic Earning Power (BEP)

Working capital in a company is very important because it pays the company’s all current liabilities, its sources can be derived from the results of the company's operations and sales profits. The higher working capital turnover, the smaller funds that are embedded in working capital to achieve sales, thus showing that the company is efficient in the use of working capital. Basic earning power describes the company's effectiveness in utilizing all sources of funds, which shows the economic profitability of the company. The purpose of this study was to determine and analyze whether or not there are relationships between working capital turnover and asset turnover total of the basic earning power. The study was conducted at PT Indofood Sukses Makmur, Tbk and PT Mayora Indah Tbk. using the simultaneous linear regression analysis as the tool for the analytical method. The research resulted that for the case of PT Indofood Sukses Makmur there is a significant relationship between working capital turnover and total asset turnover on the basic earning power. As for PT Mayora Indah Tbk. author did not find a relationship between working capital turnover and total asset turnover total on the basic earning power due the result of SPSS being not significant.

Analisis Manajemen Asset Dan Penjualan Terhadap Tingkat Pengembalian Aktiva

To be able to grow and thrive in running operations, companies require assets and substantial sales. Therefore, companies are faced with the problem of how to manage these assets and generate sales. Effective management and efficient assets will generate large sales, which will affect the rate of return on assets of the company. The purpose of this study is to determine how much asset management, sales and return on assets produced by PT. Indofood Sukses Makmur Tbk and PT. Mayora Indah Tbk, as well as asset management and sales effect on the return of assets at PT. Indofood Sukses Makmur Tbk and PT. Mayora Indah Tbk, with the period of 2005 through 2014. The results showed that PT. Mayora Indah Tbk. produced the highest and more stable Total Assets Turnover (TATO). The same amount of assets that can increase the sales volume of its assets when turnover increased or enlarged. PT. Mayora Indah Tbk also has a fairly steady increase in sales from year to year compared to PT. Indofood Sukses Makmur Tbk. Additionally Return on Assets (ROA) is best produced by PT. Mayora Indah Tbk which in 2009 amounted to 11.5%, a positive ROA shows that from the total assets used to operate, PT Mayora Indah Tbk. able to generate profits. The higher of ROA, the better, because this ratio indicates that the company performs its operations effectively and resulting in notable returns. The simultaneous test shows that the asset management and sales on the return of assets have no significant effect

PENGARUH KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN, KEBIJAKAN DIVIDEN DAN TINGKAT SUKU BUNGA TERHADAP NILAI PERUSAHAAN

ABSTRACT The management company has a goal to enhance the value of the company through the implementation of financial decisions consisting of investment decisions, financing decisions, and dividend policy. Therefore, the implementation should be done carefully and precisely, given any financial decisions taken will affect other financial decisions and will have an impact on the achievement of company objectives. This study aims to determine whether the investment decisions (Capital expenditure to book value of assets), the decision of funding (debt to equity ratio) and dividend policy (dividend payout ratio) affects the value of the company (Price Book Value) either simultaneously or partially on the PT Mayora Indah, Tbk. period 2004-2013 using secondary data from the financial statements and the price of the shares of PT Mayora Indah Tbk. within the last ten years from 2004 to 2013. The analysis method of multiple linear regression analysis is presented using SPSS version 21. Results of the study revealed that (1) the outcome of the investment conveyed a partially negative effect on the value of the company, (2) the decision is funding a partially positive effect on firm value, (3) partial dividend policy does not affect the value of the company, and (4) simultaneously or jointly variable investment decisions, financing decisions, and dividend policy portrayed a positive effect on firm value. Additionally, variable investment decisions, financing, and dividend policy decisions affect the value of the company, amounting to 83.5% while the remaining 16.5% is influenced by other variables not included in the regression model.Keywords : fixed asset growth, Total Asset, Total debt, Total Equity, Dividend per Share, Earning per Share, Stock Price, Price Book Value

ANALISIS KINERJA KEUANGAN PERUSAHAAN MENGGUNAKAN ANALISIS RASIO KEUANGAN DAN COMMON SIZE (Studi PT. Sekar Bumi Tbk. , PT. Sekar Laut Tbk. dan PT. Mayora Indah Tbk. Periode 2011 - 2014 periode 2011 - 2014)

ABSTRACTPT. Sekar Bumi Tbk. PT Sekar Laut, Tbk. and PT Mayora Indah Tbk is some food company that manufactures and sells consumer goods - day. The three companies are competing to increase its profit and to conduct its business expansion. Is inseparable from the three companies that are required to assess each year whether the financial statements are already meet the standard conditions of the financial performance of companies using financial statement analysis. For that conducted research at PT. Sekar Bumi Tbk. PT Sekar Laut, Tbk. and PT Mayora Indah Tbk with the aim of analyzing the results of the company's financial performance when seen from the analysis of the financial statements of these companies. The financial statements of the three companies are measured using financial ratios of liquidity ratios, activity ratios, solvency ratios and profitability ratios as well as using common size analysis. From the analysis conducted is as follows ratio of the financial statements. Sekar Bumi Tbk. PT Sekar Laut, Tbk. and PT Mayora Indah Tbk shows the average - average financial performance is good. Keyword: Financial Statement Analysis, Financial Performance

Report Key Performance Indicators for Employee Salaries at PT Mayora Indah Tbk

The purpose of this research to solve problems in making decisions on key performance indicator system report. To obtain the data needed for this research, the author uses several methods such as observation, interviews, and literature and uses analytical methods Balanced Score Card (BSC), which researchers use to get the perspectives of the company as a balanced and uses analytical methods PIECES to identify problems. The process of managing the information presented in this system ranging from data entry process, store and update it at any time so that employees and departments "head" to get the relevant information, the latest more easily and in real time, the system is also equipped with a graphic KPI report. With a system of this KPI Report, the manager can see the development of the company annually, making it easier to manage employee appraisal data and make recap the results of employee assessments and facilitate in taking a decision based on the results of this assessment.
 Keywords: employee assessment, Key Performance Indicator, Report

Analysis of Financial Ratios to Measure the Company’s Performance in the Sectors of Consumer Goods at Pt. Nippon Indosari Corpindo, Tbk and Pt. Mayora Indah, Tbk

The aim of the research was to measure the performance of companies in the consumer goods sector listedin Indonesian Stock Exchange, based on the results of the analysis of financial ratios against the respective financialgoods statements of the company for the period 2010-2014. Research method used is descriptive research by analyzingthe financial statements using quantitative data and data analysis technique used by researchers are the financial ratios,consisting of liquidity ratio, solvency ratio, activity ratio, and profitability ratio. The study concluded that the liquidityratio, activity ratio and profitability ratio of PT Mayora Indah, Tbk showed good performance analysis than PT. NipponIndosari Corporindo, Tbk. but the solvency ratio of PT. Nippon Indosari Corporindo, Tbk is better than PT. MayoraIndah, Tbk. The company’s performance at PT. Mayora Indah, Tbk is better than PT. Nippon Indosari Corporindo,Tbk because PT. Mayora has been long-standing, so they can prepare better than PT Nippon Indosari Corporindo.Researchers recommend to inspect other companies’ consumer goods over the two companies and check the performanceof companies for a longer period of time, so we can get a better paradigm.

PREDIKSI RETURN PORTOFOLIO MENGGUNAKAN METODE KALMAN FILTER

Stock is an evidence for individual or institutional ownership about a company. To cover losses in stocks investment, should be done diversification to spread risk in some stocks called as portfolio. Portfolio is a joint of two or more stocks investment that are choosen as investment’s targets over spesific time periods and certain rules. To minimize losses in stocks investment, needed to predict portfolio return for some coming periods. Good prediction has small difference with actual data. One method that can minimize MSE is Kalman Filter. Kalman Filter estimates a process through feed back Control Mechanism called recursion. The variable used are monthly portfolio return of PT Mayora Indah Tbk and PT Indofood Sukses Makmur Tbk in January 2005 until December 2015. Data In January 2005 until December 2014 are used to predict the return portfolio for Year 2015. After that, an interval is made for those forecast results and compare with actual data. If actual data are residing in the interval, then Kalman Filter method can be used to predict portfolio return for year 2016. The MSE value with kalman Filter is 0,00225 and the MSE value with Box-Jenkis method is 0,00253, so Kalman Filter can minimize the MSE value. Keywords : portfolio return, Box-Jenkins, Kalman Filter