Comparing Company Valuation Before and After IPO Study Case PT Pertamina Geothermal Energy Tbk DOI Open Access

Anita Nur Afidah,

Ana Noveria,

Subiakto Subiakto

и другие.

International Journal of Current Science Research and Review, Год журнала: 2024, Номер 07(08)

Опубликована: Авг. 6, 2024

Affordable energy resources of play a crucial role in economic and social development to support food production, availability water supply sustainable healty lifestyle. In order avoid long-term scarcity resulting from the continuous use non-renewable sources, we must explore all potential renewable source that align with concernes about climate change other environmental issues. As continuation Indonesian government’s efforts generate clean friendly energy, PT Pertamina Geothermal Energy (PGE) was established 2006. It has contributed 82% installed geothermal capacity Indonesia. By leveraging Indonesia’s location within Ring Fire as one world’s hubs, PGE been supplying electricity more than 2 million households Indonesia emission reduction 9.7 tons CO2 per year. To achieve business growth, PGEO is optimizing production its operational areas by expanding capacity. company consideration, IPO an appropriate step financing expansion. The author compares company’s value before after determine short-term impact IPO, helping investors gauge their confidence making investment decisions PGEO. This study utilizes secondary data prospectuses, financial statements, annual reports, sustainability company-published documents, well IDX.co.id IDN Financials.com. collected analyzed understand evaluate performance, assess IPO. calculation intrinsic conducted using Discounted Cash Flow Valuation method for pre-IPO period against projections years 2019 2022 post-IPO 2024 2028, discount rates 8.25% 8.65% each. IDR 1.141,28 1.300,86. stock price at on February 23, 2023, 875, while adjusted closing December 29, 1,170. founds market PGEO’s stock, both are overvalued.

Язык: Английский

Comparing Company Valuation Before and After IPO Study Case PT Pertamina Geothermal Energy Tbk DOI Open Access

Anita Nur Afidah,

Ana Noveria,

Subiakto Subiakto

и другие.

International Journal of Current Science Research and Review, Год журнала: 2024, Номер 07(08)

Опубликована: Авг. 6, 2024

Affordable energy resources of play a crucial role in economic and social development to support food production, availability water supply sustainable healty lifestyle. In order avoid long-term scarcity resulting from the continuous use non-renewable sources, we must explore all potential renewable source that align with concernes about climate change other environmental issues. As continuation Indonesian government’s efforts generate clean friendly energy, PT Pertamina Geothermal Energy (PGE) was established 2006. It has contributed 82% installed geothermal capacity Indonesia. By leveraging Indonesia’s location within Ring Fire as one world’s hubs, PGE been supplying electricity more than 2 million households Indonesia emission reduction 9.7 tons CO2 per year. To achieve business growth, PGEO is optimizing production its operational areas by expanding capacity. company consideration, IPO an appropriate step financing expansion. The author compares company’s value before after determine short-term impact IPO, helping investors gauge their confidence making investment decisions PGEO. This study utilizes secondary data prospectuses, financial statements, annual reports, sustainability company-published documents, well IDX.co.id IDN Financials.com. collected analyzed understand evaluate performance, assess IPO. calculation intrinsic conducted using Discounted Cash Flow Valuation method for pre-IPO period against projections years 2019 2022 post-IPO 2024 2028, discount rates 8.25% 8.65% each. IDR 1.141,28 1.300,86. stock price at on February 23, 2023, 875, while adjusted closing December 29, 1,170. founds market PGEO’s stock, both are overvalued.

Язык: Английский

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