SUSTAINABLE DEVELOPMENT GOALS VALUATION MODEL USING NEWS SENTIMENT (CASE STUDY: PT. ASTRA AGRO LESTARI)
Nowadays for fundamental investor, there are growing concerns for the invested company about their sustainability program. Sustainable Development Goals (SDG) programs that have not been adopted by most of Indonesian company are getting important due to the sustainability issues are expand not just...
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| Format: | Theses |
| Language: | Indonesia |
| Subjects: | |
| Online Access: | https://digilib.itb.ac.id/gdl/view/41692 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | Nowadays for fundamental investor, there are growing concerns for the invested company about their sustainability program. Sustainable Development Goals (SDG) programs that have not been adopted by most of Indonesian company are getting important due to the sustainability issues are expand not just only matters company financial condition and contribution to communities and workers but also environment responsibilities and economic contribution to the country that company operated. Also, majority of securities that doing valuation to a company not factoring Sustainable Development Goals (SDG) due to overshadowed by the simplicity of analyzing financial performance than doing Sustainable Development Goals (SDG) analysis which not robust. Also, now some big Indonesian company are moving toward Sustainable Development Goals (SDG) framework to their sustainability strategy. This raised opportunities to develop valuation model using Sustainable Development Goals (SDG) framework to adjust the assumptions to become more robust. Therefore, it is offered to develop SDGs valuation approach, using online news to solve the problem. To adjust the valuation assumptions, the SDG model used the sentiment of news related to the company and map the impact of each SDG goals to company forecasted financial performance. This approach will be factoring company strategy, news coverage and commitment of the company to achieve the SDG goals, thus increase the robustness of the valuation model.
In this thesis the recommendation that resulted by the SDG valuation model are recommend to hold AALI stock because the stock intrinsic value is Rp.9.345 while currently traded at Rp.10.675 which stated the current stock price is overpriced by 12.45%. The result is different from two public Indonesian securities recommendation which recommend to buy AALI stock with take profit target at price around Rp.12.500 – Rp.14.800 from currently traded priced at Rp. 10.675.
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