Valuasi Harga Wajar PNBN.JK (Bank Pan Indonesia)

Seiring dengan turunnya tingkat suku bunga BI dan meningkatnya provisi NPL, maka saya melakukan valuasi harga wajar Bank Pan Indonesia (PNBN.JK), yang memiliki PBV di bawah 1x dan kinerja semester 1 2016 yang lebih baik dari tahun sebelumnya. Seluruh data yang digunakan diambil dari laporan keuangan perusahaan dan pefindo untuk mendapatkan beta dari perusahaan. Tercantum file excel yang menunjukkan perhitungan valuasi saya. Semoga bermanfaat.

PNBN = BUY TP 1350/saham (PBV 1x, upside 46%) dengan proyeksi EPS 2016 sebesar Rp 62.7 dan growth 7%; TP 1170/saham (PBV 0.87x, didapatkan dari perhitungan justified PBV, upside 26.9%)

PNBN Bank Valuation

Published by Journeyman

A global macro analyst with over four years experience in the financial market, the author began his career as an equity analyst before transitioning to macro research focusing on Emerging Markets at a well-known independent research firm. He read voraciously, spending most of his free time following The Economist magazine and reading topics on finance and self-improvement. When off duty, he works part-time for Getty Images, taking pictures from all over the globe. To date, he has over 1200 pictures over 35 countries being sold through the company.

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