Company’s Value Analysis on PT FKS Food Sejahtera Tbk. with Tobin’s Q Ratio Model

Authors

  • Adam Gumilar Prabowo Universitas Pamulang
  • Lusiana Boru Situmorang Universitas Pamulang
  • Irwansyah Irwansyah Universitas Pamulang
  • Muhammad Irfan Baehaqi Universitas Pamulang
  • Zulfitra Zulfitra Universitas Pamulang

Abstract

This study aims to determine the value of the company at PT FKS Food Sejahtera Tbk for the period of 2016 – 2020 by calculating the management of assets owned by the company. The methodology used in this study is a descriptive quantitative approach. The data analysis technique used in this study uses Tobin's Q-score ratio. The results showed the PT FKS Food Sejahtera Tbk at period 2016 - 2020 has Q value> 1. That is, the company's asset management was successful, and the stock was overvalued, but the Q value was slightly depreciated in 2019 and 2020. That is, asset management was slightly unsuccessful and stocks were slightly undervalued compared to other periods.

 Keywords: Corporate value, Tobins'Q Overvalued, Asset Management

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Published

2021-12-21

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Vol. 2 No. 1 (2021): HUMANIS (Humanities, Management and Science Proceedings)

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