Based Stock Valuation Analysis on Fuzzy Logic for Investment Selection (Case Study: PT. XL Axiata Tbk. and PT. Telkom Indonesia Tbk.)

Maudy Afifah Audina; Dwi Susanti; Sukono Sukono

doi:10.46336/ijqrm.v5i2.673

Based Stock Valuation Analysis on Fuzzy Logic for Investment Selection (Case Study: PT. XL Axiata Tbk. and PT. Telkom Indonesia Tbk.)

Maudy Afifah Audina, Dwi Susanti, Sukono Sukono

Abstract

The stock value of a company fluctuates with capital market conditions, requiring investors to consider various factors for precise investment decisions. Stock valuation determines the fair price of a company's stock, guiding buying and selling transactions. This research uses Discounted Cash Flow (DCF), Price to Earnings (P/E), and Enterprise Value to EBITDA (EV/EBITDA) to ascertain fair stock prices, integrating results with Mamdani fuzzy logic to determine investment weights. The result of this research is that both EXCL and TLKM hold significant weight in the investment portfolio with TLKM has slightly higher stock weight than EXCL. This suggests TLKM offers more potential for profitable future investments. Investors can use these results in portfolio management for investment selection

Keywords

Investment; Stock Valuation; Fuzzy Logic

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References

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DOI: https://doi.org/10.46336/ijqrm.v5i2.673