FUNDING VALUATION TO SUPPORT DISAGGREGATION OF VALUE CHAIN IN HLMC HOSPITAL YOGYAKARTA

The economic cycle undergoes predictable boom-and-bust phases, where the government adjusts money circulation, interest rates, and credit control. The COVID-19 pandemic rapidly accelerated this cycle, leading to global market turbulence. Government responses included massive stimuli during the...

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Bibliographic Details
Main Author: Irawan, Gianicco
Format: Theses
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/79727
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Institution: Institut Teknologi Bandung
Language: Indonesia
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Summary:The economic cycle undergoes predictable boom-and-bust phases, where the government adjusts money circulation, interest rates, and credit control. The COVID-19 pandemic rapidly accelerated this cycle, leading to global market turbulence. Government responses included massive stimuli during the pandemic and subsequent tightening of financial policies in the recovery phase, causing tumultuous shifts in the global investment market. Corporate funding, once accessible, has become challenging, prompting companies to realign with core objectives of value creation, profitability, and positive cash flow. The evolving business environment necessitates a shift from a "growth at all costs" mentality to prioritizing "more sustainable profit." This transition underscores the fundamental essence of business activities — the consistent generation of tangible profits and real cash flow. The study compares valuation methods, including Discounted Cash Flow (DCF), Revenue Multiple, and PE Multiples. DCF relies on projections of future cash flows and operational profits, while revenue and PE multiples offer simpler valuation through relative industry comparisons. The research serves as a funding valuation benchmark, supporting HLMC Hospital Yogyakarta's strategies to support the disaggregation of their value chain.