Longterm performance trends analysis and managing expectation for active value (case study: PT Indocement Tunggal Prakarsa, Tbk)

This research used financial ratio and managing expectations for active value about performance of PT IndocementTunggal Prakarsa, Tbk (INTP) as one of largest cement company with a strong brand image at Indonesia Stock Exchange (IDX). Unlike traditional corporate-performance metric, this study use growth value of matrix. INTP is well placed to meet Indonesia?s growing per capita of cement consumption. The financial data sources for this research are the audited annual reports of INTP2002-2008. The analysis focused on compounds annual growth rate (CAGR), profitability, total assets turnover, cost of capital, market value added & market risk and market perception map. This research also used growth value matrix to analysis the market perception of INTP in 2008 that combined current performance with future growth opportunity. The result of market perception mapping for 2008-2009 shows that INTP was just on market average of current performance index but the future growth opportunity was above the market average level. The conclusion explains that INTP has very good long-term fundamental performance?s trend and the company is indicated has strong capabilityto be excellent value manager in the future.

PERDANA WAHYU SANTOSA Unknown Universitas Kristen Petra English eDIMENSI Journal Unknown Jurnal Akuntansi dan Keuangan, Vol. 12, No. 2, November 2010, 94-101; Perdana Wahyu Santosa (NA00404058) Unknown

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