Potential Development IPO Company by Using Financial Performance and DCF Analysis (Case Study on 5 Companies Negative Earnings)

About Us

Ipmi Repository is an online archive service which is managed by IPMI Library - Learning Resource Center. Established for collecting, managing, saving, preserving and disseminating digital copies of intellectual output of IPMI International Business School such as academic journal, books, theses, Group Field Project, Community Involvement Project, Case Study, conference paper, and other types of research publication. The main objective of this repository is to provide long-term, public, open access and easily retrieve to the digital collection to support teaching-learning process.

"Knowledge without observation is nil"

Fauzi, Muhamad and Daryanto, Wiwiek Mardawiyah (2019) Potential Development IPO Company by Using Financial Performance and DCF Analysis (Case Study on 5 Companies Negative Earnings). International Journal of Accounting, Finance and Business (IJAFB), 4 (21). pp. 101-115. ISSN 0128-1844

[img] Text
IJAFB-2019-21-09-11.pdf - Published Version
Restricted to Registered users only

Download (417kB)


Every company that wants to get a source of funds through the issuance of shares must make Initial Public Offering to the public. Companies that go public mean that the company offers ownership of the company to be owned by the wider community. IPO assessment is one of the most valuable factors in the market. Such signals can confirm or reject management's beliefs about future growth opportunities - with real implications for the real economy through the work and investment of the company. This study was conducted to answer the problems faced by investors when determining the company that conducts an IPO but its financial statements are losing money or in the development stage. The methodology used is financial ratio analysis with ten metrics and the results are validated with Moody's Financial Metrics™ data report September 25, 2017 and valuation of the five Companies that have negative earnings. The results of this study show that out of 5 companies only one company is categorized as moderate risk whereas from valuation there is a company whose valuation value is higher than the asset value of the company itself. Keywords: Company Valuation, Discounted Cash Flow, Financial Ratio, Initial Public Offering, Negative Earnings.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce > HF5601 Accounting
H Social Sciences > HG Finance
Divisions: Research And Community Empowerment > Journals
Depositing User: Rizky Amalia
Date Deposited: 27 Jan 2020 07:14
Last Modified: 19 Feb 2021 04:54
URI: http://repository.ipmi.ac.id/id/eprint/641

Actions (login required)

View Item View Item