MISCELLANEOUS INDUSTRY

Kode
No NAMA PERUSAHAAN
Perusahaan

TEXTILE, GARMENT
16 TFCO Tifico Fiber Indonesia Tbk. [S]
17 TRIS Trisula International Tbk. [S]
18 UNIT Nusantara Inti Corpora Tbk. [S]
FOOTWEAR
1 BATA Sepatu Bata Tbk. [S]
2 BIMA Primarindo Asia Infrastructure Tbk.
CABLE
1 IKBI Sumi Indo Kabel Tbk. [S]
2 JECC Jembo Cable Company Tbk. [S]
3 KBLI KMI Wire and Cable Tbk. [S]
4 KBLM Kabelindo Murni Tbk. [S]
5 SCCO Supreme Cable Manufacturing & Commerce Tbk. [S]
6 VOKS Voksel Electric Tbk. [S]
ELECTRONICS
1 PTSN Sat Nusapersada Tbk. [S]
RY
RUMUS PER
P/E Ratio x EPS = PER
P/E Ratio
(Harga EPS IDR PER
Saham)

30.67 26 797.42
19.98 15 299.7
3,242 5 16210

15.04 38 571.52
7.87 9 70.83

-130.53 -2 261.06
6.73 699 4704.27
4.49 95 426.55
13.04 22 286.88
6.71 1,342 9004.82
7.85 40 314
0
23.52 8 188.16
 BASIC INDUSTRY AND CHEMICALS

Kode
No NAMA PERUSAHAAN
Perusahaan

TEXTILE, GARMENT
16 TFCO Tifico Fiber Indonesia Tbk. [S]
17 TRIS Trisula International Tbk. [S]
18 UNIT Nusantara Inti Corpora Tbk. [S]
FOOTWEAR
1 BATA Sepatu Bata Tbk. [S]
2 BIMA Primarindo Asia Infrastructure Tbk.
CABLE
1 IKBI Sumi Indo Kabel Tbk. [S]
2 JECC Jembo Cable Company Tbk. [S]
3 KBLI KMI Wire and Cable Tbk. [S]
4 KBLM Kabelindo Murni Tbk. [S]
5 SCCO Supreme Cable Manufacturing & Commerce Tbk. [S]
6 VOKS Voksel Electric Tbk. [S]
ELECTRONICS
1 PTSN Sat Nusapersada Tbk. [S]
ASIC INDUSTRY AND CHEMICALS

Liabilitas Jangka pendek Liabilitas jangka panjang Total liabilitas

Rp 31,355,898.00 Rp 5,105,490.00 Rp 36,461,388.00

Rp 185,606,885,071.00 Rp 3,129,848,133.00 Rp 188,736,733,204.00
Rp 179,729,679,061.00 Rp 1,396,615,511.00 Rp 181,126,294,572.00

Rp 207,734,690.00 Rp 39,852,948.00 Rp 247,587,638.00

Rp 84,180,581,813.00 Rp 89,784,120,761.00 Rp 173,964,702,574.00

Rp 8,897,593.00 Rp 7,306,521.00 Rp 16,204,114.00

Rp 1,220,226,620.00 Rp 160,397,250.00 Rp 1,380,623,870.00
Rp 933,490,170,009.00 Rp 293,524,061,693.00 Rp 1,227,014,231,702.00
Rp 434,423,462,965.00 Rp 9,346,807,304.00 Rp 443,770,270,269.00
Rp 1,246,236,997,513.00 Rp 39,780,108,199.00 Rp 1,286,017,105,712.00
Rp 1,260,868,218,485.00 Rp 35,175,971,717.00 Rp 1,296,044,190,202.00

Rp 11,837,685.00 Rp 4,835,722.00 Rp 16,673,407.00

 Laporan Keuangan Masing-Masing Perusahaan Periode 2017
(dalam Jutaan Rupiah)

Total ekuitas Total pasiva beban pajak

Rp 294,707,038.00 Rp 331,168,426.00 Rp 2,871,553.00

Rp 356,231,586,783.00 Rp 544,968,319,987.00 Rp 7,635,098,236.00
Rp 245,258,328,306.00 Rp 426,384,622,878.00 Rp 477,304,066.00

Rp 557,155,279.00 Rp 804,742,917.00 Rp 23,070,359.00

Rp 84,637,373,721.00 Rp 258,602,076,295.00 Rp 3,415,182,310.00

Rp 65,202,915.00 Rp 81,407,029.00 Rp 450,752.00

Rp 547,361,482.00 Rp 1,927,985,352.00 Rp 30,496,360.00
Rp 1,786,746,385,283.00 Rp 3,013,760,616,985.00 Rp 69,910,827,751.00
Rp 791,428,577,199.00 Rp 1,235,198,847,468.00 Rp 553,314,951.00
Rp 2,728,227,483,994.00 Rp 4,014,244,589,706.00 Rp 75,500,057,785.00
Rp 814,122,306,393.00 Rp 2,110,166,496,595.00 Rp 64,037,702,240.00

Rp 50,530,281.00 Rp 67,203,688.00 Rp 266,879.00

Periode 2017

EAT
beban bunga laba bersih sebelum pajak
=Earing - pajak

Rp 74,464.00 Rp 6,143,762.00 Rp 3,272,209.00

Rp 12,952,044,220.00 Rp 21,833,987,786.00 Rp 14,198,889,550.00
Rp 25,533,024,512.00 Rp 26,886,083,202.00 Rp 26,408,779,136.00

Rp 981,399.00 Rp 65,302,022.00 Rp 42,231,663.00

Rp 6,827,940,640.00 Rp 17,254,663,996.00 Rp 13,839,481,686.00
Rp -
Rp 25,780.00 Rp 1,684,339.00 Rp 1,233,587.00
Rp 1,319,366.00 Rp 111,623,616.00 Rp 81,127,256.00
Rp 22,746,138,987.00 Rp 358,974,051,474.00 Rp 289,063,223,723.00
Rp 4,531,693,797.00 Rp 44,548,264,596.00 Rp 43,994,949,645.00
Rp 25,707,370,754.00 Rp 345,230,356,594.00 Rp 269,730,298,809.00
Rp 43,509,863,158.00 Rp 230,242,661,579.00 Rp 166,204,959,339.00

Rp 12,400.00 Rp 759,306.00 Rp 492,427.00

 Invested Capital
NOPAT
EBIT (Total Liabilitas + Ekuitas) –
(Laba setelah bunga) - pajak Tk.Modal = Total
Liabilitas Jk Pendek
liab/total pasiva x
100%

Rp 6,069,298.00 Rp 3,197,745.00 Rp 299,812,528.00 11.01%

Rp 8,881,943,566.00 Rp 1,246,845,330.00 Rp 359,361,434,916.00 34.63%
Rp 1,353,058,690.00 Rp 875,754,624.00 Rp 246,654,943,817.00 42.48%

Rp 64,320,623.00 Rp 41,250,264.00 Rp 597,008,227.00 30.77%

Rp 10,426,723,356.00 Rp 7,011,541,046.00 Rp 174,421,494,482.00 67.27%

Rp 1,658,559.00 Rp 1,207,807.00 Rp 72,509,436.00 19.91%

Rp 110,304,250.00 Rp 79,807,890.00 Rp 707,758,732.00 71.61%
Rp 336,227,912,487.00 Rp 266,317,084,736.00 Rp 2,080,270,446,976.00 40.71%
Rp 40,016,570,799.00 Rp 39,463,255,848.00 Rp 800,775,384,503.00 35.93%
Rp 319,522,985,840.00 Rp 244,022,928,055.00 Rp 2,768,007,592,193.00 32.04%
Rp 186,732,798,421.00 Rp 122,695,096,181.00 Rp 849,298,278,110.00 61.42%

Rp 746,906.00 Rp 480,027.00 Rp 55,366,003.00 24.81%

 WACC

Tingka
Cost of Debt = Modal/ekuitas Cost to Equ Tingkat pajak =
beb bunga/tot. = tot. Eku/tot. = EAT/Tot. Eku x beb. Pj/EBIT x WACC = ((D X rd)
Liab pjg x 100% Pasiva x 100% 100% 100% (1-tax) + (E x re))

1.46% 88.99% 1.11% 47.31% 0.0107

413.82% 65.37% 3.99% 85.96% 0.2272
1828.21% 57.52% 10.77% 35.28% 5.0885

2.46% 69.23% 7.58% 35.87% 0.0573

7.60% 32.73% 16.35% 32.75% 0.0879

0.35% 80.09% 1.89% 27.18% 0.0157

0.82% 28.39% 14.82% 27.65% 0.0463
7.75% 59.29% 16.18% 20.79% 0.1209
48.48% 64.07% 5.56% 1.38% 0.2074
64.62% 67.96% 9.89% 23.63% 0.2253
123.69% 38.58% 20.42% 34.29% 0.5779

0.26% 75.19% 0.97% 35.73% 0.0077

 KETERANGAN EVA

Capital Charges = EVA =

WACC x Invested Capital NOPAT – Capital charges

Rp 3,216,045.52 -Rp 18,300.52 EVA < 0

Rp 81,662,653,659.46 -Rp 80,415,808,329.46 EVA < 0
Rp 1,255,103,687,940.81 -Rp 1,254,227,933,316.81 EVA < 0

Rp 34,230,841.02 Rp 7,019,422.98 EVA > 0

Rp 15,334,896,220.45 -Rp 8,323,355,174.45 EVA < 0

Rp 1,135,843.77 Rp 71,963.23 EVA > 0

Rp 32,797,948.18 Rp 47,009,941.82 EVA > 0
Rp 251,514,435,133.77 Rp 14,802,649,602.23 EVA > 0
Rp 166,078,673,746.18 -Rp 126,615,417,898.18 EVA < 0
Rp 623,645,050,265.10 -Rp 379,622,122,210.10 EVA < 0
Rp 490,841,028,868.82 -Rp 368,145,932,687.82 EVA < 0

Rp 428,325.59 Rp 51,701.41 EVA > 0

EVA < 0 maka nilainya negative. Artinya tidak terjadi proses nilai tambah.
Dalam artian bahwa perusahaan tidak mampu menghasilkan tingkat kembalian operasi yang
melebihi biaya modal, dengan kata lain meskipun perusahaan mampu menghasilkan laba bersih
yang tinggi, akan tetapi perusahaan sebenarnya mengalami penurunan/penghancuran nilai.