Feasibility Study of Company Investment on Public Cigarette Manufacturing Companies

Syamsul Huda and Heikal Muhammad Zakaria Hakim

MPRA Paper from University Library of Munich, Germany

Abstract: The number of tobacco manufacturing companies is decreasing significantly, above 60 (sixty) companies on average every year. However, the cigarette companies contribute a significant amount to the state revenues, with an increase of more than 5 (five) trillion rupiah every year. Based on the data, we want to know the feasibility of investing in a cigarette company in the future. The method used includes four stages starting from data collection, data analysis, preliminary data processing, and concluding. We use three sample companies in this research: PT. Bentoel Internasional Investama Tbk, PT. Gudang Garam Tbk, and PT. HM Sampoerna Tbk. The results showed that based on the ROI, NPV, IRR, and BEP, PT. Gudang Garam Tbk. is the most feasible, followed by PT. HM Sampoerna Tbk, during PT. Bentoel Internasional Investama Tbk not feasible for investment.

Keywords: investment feasibility; ROI; NPV; IRR; BEP (search for similar items in EconPapers)
JEL-codes: G11 L6 (search for similar items in EconPapers)
Date: 2019-01-05
New Economics Papers: this item is included in nep-ind
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/91579/1/MPRA_paper_91579.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91579

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().