#TITLE_ALTERNATIVE#

• Main Author: LUHUR PAMBUDI (NIM 19005077), TEGAR
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/11501
• Institution: Institut Teknologi Bandung

Stock is a facility for the Investors to invest their moneys. Stock from the companies that have a good economic basic is one of the Investor's terms to invest their moneys. Besides that, there are the companies that listed in LQ 45 list in IHSG Indonesia Stock Exchange. Those companies are the companies that have the most liquid stocks and the biggest market.<p> <br /> <br /> <br /> <br /> <br /> But, not all of those companies that always be listed in LQ 45 every year. Many companies that excluded from the list or even still include in the list at the period of time. In 2003-2007, there are 40 companies that excluded from LQ 45. Those companies had a certain condition that caused by the problems from many sides and made them exclude from LQ 45. Very interesting to know the condition of the companies that excluded from the LQ 45 list, because the truth is those companies are very potential as the investment target. But because of certain condition, those companies excluded from LQ 45 list.<p> <br /> <br /> <br /> <br /> <br /> The result of this research is to know the real condition of LQ 45 excluded companies in 2003-2007 periods. From EVA calculation, the company condition from operational activities is could be determine whether the company is still having a prospect in the future or not, if we look from its operational activities. From MVA calculation, the company condition from its financial activities also could be determined whether there is an increase for company's market value or not. Last, there is a relationship between MVA and stock price because MVA is very affected by closing price.<p> <br /> <br /> <br /> <br /> <br /> For further research, it is recommended to use EVA and MVA in analyzing the company's stocks that still include in LQ 45 list as the comparison with the companies that have excluded from LQ 45 list.