Analisis Penilaian Harga Saham dalam Pengambilan Keputusan Investasi Menggunakan Metode Dividend Discount Model
DOI:
https://doi.org/10.30651/jms.v8i4.21167Abstract
Penelitian ini dilatar-belakangi investor syariah yang terdaftar didominasi generasi muda yang ingin berinvestasi. Untuk mendapatkan capital gain dikemudian hari, perlu penilaian harga wajar saham dengan metode dividend discount model yang didasarkan pada pendekatan nilai sekarang. Jenis penelitian ini adalah penelitian terapan (applied reseach) dengan analisis kuantitatif yang bersifat deskriptif. Teknik pengambilan sampel menggunakan teknik purposive sampling, melalui kriteria masuk kedalam daftar saham perhitungan Jakarta Islamic Index (JII) dan secara rutin membagikan dividen selama berturut-turut selama 2018-2022. Dari populasi sejumlah 52 perusahaan diambil sampel sejumlah sepuluh perusahaan.
Hasil penelitian ini pada tahun 2018 terdapat 10 perusahaan yang mengalami kondisi undervalued (murah). Pada tahun 2019 terdapat 8 perusahaan yang mengalami undervalued (murah), dan terdapat 2 perusahaan yang mengalami overvalued (mahal). Pada tahun 2020 terdapat 9 perusahaan yang mengalami undervalued (murah), dan terdapat 1 perusahaan yang mengalami overvalued (mahal). Pada tahun 2021 terdapat 8 perusahaan yang mengalami undervalued (murah), dan terdapat 2 perusahaan yang mengalami overvalued (mahal). Pada tahun 2022 terdapat 9 perusahaan yang mengalami undervalued (murah) dan terdapat 1 perusahaan yang mengalami overvalued (mahal).
Downloads
Published
How to Cite
Issue
Section
License
The Authors submitting a manuscript do so on the understanding that if accepted for publication, copyright of the article shall be assigned to Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah and Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya as publisher of the journal.
Copyright encompasses exclusive rights to reproduce and deliver the article in all form and media, including reprints, photographs, microfilms and any other similar reproductions, as well as translations. The reproduction of any part of this journal, its storage in databases and its transmission by any form or media, such as electronic, electrostatic and mechanical copies, photocopies, recordings, magnetic media, etc., will be allowed only with a written permission from Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah and Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya.
Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya, the Editors and the Advisory Editorial Board make every effort to ensure that no wrong or misleading data, opinions or statements be published in the journal. In any way, the contents of the articles and advertisements published in the Tadarus are sole and exclusive responsibility of their respective authors and advertisers.
Rights of Authors
The Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah And Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya recognize the retention of the following:
- Patent and trademark rights and rights to any process or procedure described in the article.
- The right to photocopy or make single electronic copies of the article for their own personal use, including for their own classroom use, or for the personal use of colleagues, provided the copies are not offered for sale and are not distributed in a systematic way outside of their employing institution (e.g. via an e-mail list or public file server). Posting of an article on a secure network (not accessible to the public) within the author institution is permitted.
- The right, subsequent to publication, to use the article or any part thereof free of charge in a printed compilation of works of their own, such as collected writings or lecture notes.
