saya mau analisa beberapa saham defensif (CPIN, UNVR, JSMR, SMGR). Kebetulan lagi ngincer SMGR dan CPIN juga, jadi coba hitung valuasinya untuk cari entry point.. 🙂
SMGR
1. Current assets > current liabilities
2. Equity growth = 7%
3. Sales growth = 20,6 %
4. Operating profit growth = 16,7%
5. EPS Q1/2012 = Rp 170
6. EPS growth = 15,6%
7. Harga sekarang = Rp 10.950
8. PER = 16,1x
9. DER = 0,37
10. ROE = 26%
11. Arus kas operasi > laba bersih
12. Harga wajar = Rp 11.000 —> MOS = 0,0045%
JSMR
1. Current assets > current liabilities
2. Equity growth = 4,9%
3. Sales growth = 17,2%
4. Operating profit growth = 26%
5. EPS Q1/2012 = Rp 60,6
6. EPS growth = 16,3%
7. Harga sekarang = Rp 5450
8. PER = 22,5x
9. DER = 1,37
10. ROE = 18,5%
11. Arus kas operasi > laba bersih
12. Harga wajar = Rp 4400 —> MOS = -24%
UNVR
1. Current assets > current liabilities
2. Equity growth = 31,5%
3. Sales growth = 15,8%
4. Operating profit growth = 17,4%
5. EPS Q1/2012 = 152
6. EPS growth = 17,8%
7. ROE = 96%
8. Harga sekarang = Rp 21.800
9. PER = 35,9x
10. DER = 1,48
11. Arus kas operasi > laba bersih
12. Harga wajar = Rp 18.000 —> MOS = -21%
CPIN
1. Current assets > current liabilities
2. Equity growth = 12,7%
3. Sales growth = 11,6%
4. Operating profit growth = 24,2%
5. EPS = Rp 48
6. EPS growth = 20%
7. DER = 0,38
8. ROE = 45%
9. Harga sekarang = Rp 2750
10. PER = 14,3x
11. Arus kas operasi > laba bersih
12. Harga wajar = Rp 2900 —> MOS = 5,17%
DISCLAIMER is ON, ya.. always.. 🙂
SMGR
1. Current assets > current liabilities
2. Equity growth = 7%
3. Sales growth = 20,6 %
4. Operating profit growth = 16,7%
5. EPS Q1/2012 = Rp 170
6. EPS growth = 15,6%
7. Harga sekarang = Rp 10.950
8. PER = 16,1x
9. DER = 0,37
10. ROE = 26%
11. Arus kas operasi > laba bersih
12. Harga wajar = Rp 11.000 —> MOS = 0,0045%
JSMR
1. Current assets > current liabilities
2. Equity growth = 4,9%
3. Sales growth = 17,2%
4. Operating profit growth = 26%
5. EPS Q1/2012 = Rp 60,6
6. EPS growth = 16,3%
7. Harga sekarang = Rp 5450
8. PER = 22,5x
9. DER = 1,37
10. ROE = 18,5%
11. Arus kas operasi > laba bersih
12. Harga wajar = Rp 4400 —> MOS = -24%
UNVR
1. Current assets > current liabilities
2. Equity growth = 31,5%
3. Sales growth = 15,8%
4. Operating profit growth = 17,4%
5. EPS Q1/2012 = 152
6. EPS growth = 17,8%
7. ROE = 96%
8. Harga sekarang = Rp 21.800
9. PER = 35,9x
10. DER = 1,48
11. Arus kas operasi > laba bersih
12. Harga wajar = Rp 18.000 —> MOS = -21%
CPIN
1. Current assets > current liabilities
2. Equity growth = 12,7%
3. Sales growth = 11,6%
4. Operating profit growth = 24,2%
5. EPS = Rp 48
6. EPS growth = 20%
7. DER = 0,38
8. ROE = 45%
9. Harga sekarang = Rp 2750
10. PER = 14,3x
11. Arus kas operasi > laba bersih
12. Harga wajar = Rp 2900 —> MOS = 5,17%
DISCLAIMER is ON, ya.. always.. 🙂
