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Analisis Valuasi Merger PT. Bank Syariah Mandiri, PT. Bank BNI Syariah, PT. Bank BRI Syariah Tbk. dan PT. Bank Tabungan Negara Tbk.
This study aims to calculate the equity value of PT. Bank Syariah Mandiri (BSM), PT. Bank BNI Syariah (BNIS), PT. Bank BRI Syariah (BRIS), and PT. Bank Tabungan Negara (BBTN). This study also aims to calculate the value of the synergy created from the merger of the four banks as well as to see the business potential obtained by the merger. This study uses the discounted cash flow (DCF) method with the free cash flow to equity (FCFE) model to calculate the estimated equity value of each bank and uses a Monte Carlo simulation to see the range of equity values of each bank. BSM, BNIS, BRIS are state-owned Islamic banks that have merged in 2021 and become Bank Syariah Indonesia which aims to be one of the drivers of Islamic banking in Indonesia. BBTN is a state-owned bank that specializes in property and real estate financing. The DCF method estimates the equity value of BSM at Rp16,7 trillion, BNIS Rp7,8 trillion, BRIS of Rp7,56 trillion, and BBTN of Rp23,9 trillion. With the equity value, the value added to the valuation of the four banks is Rp56,1 trillion. Then, by calculating the synergy value, the combined valuation of the four banks shows a figure of Rp57,1 trillion, which indicates that there is a positive synergy value from the merger of these four banks of Rp1,02 trillionAda Tabel
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| 12637 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok Program Studi Bisnis Islam Fakultas Ekonomi dan Bisnis Universitas Indonesia., 2021 |
|---|---|
| Edisi | - |
| Subjek | Valuation Merger Synergy value Equity Value |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xiii, 121 p. ; diagr. ; 30 cm |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |