scholarly journals Financial Feasibility Study for New Investment in New Digital Product of PT Telkom Indonesia (Case Study: SKP Project)

Author(s):  
Fadel Mohammad Islam ◽  
Ahmad Danu Prasetyo

SKP is an integrated stock management system application. With SKP, PT Telkom Indonesia provides solutions to business owners in the form of connectivity and services. Proper planning of business strategy is needed based on a proper feasibility study, so SKP project can generate economic benefits for PT Telkom Indonesia and all the stakeholders. SKP has not calculated the financial projections for it to proceed to the market and meet PT Telkom Indonesia regulation. A financial feasibility study would measure the revenue projection, and cost structure such as cash flow, balance sheet, and income statement projection. At the end of this model, there will be a conclusion of the feasibility of the project using internal rate of return (IRR), net present value (NPV), and payback period (PP) as parameters. If the project is feasible, there will be a sensitivity risk analysis to find out the most sensitive variable. According to feasibility test result, it is concluded that the SKP project can benefit PT Telkom Indonesia. This can be seen from the FCFF calculation which results in a positive NPV with a value of Rp 5.229.648.128, and IRR of 67,26% which is greater than the project WACC of 17,94%. From the payback period requirements set by PT Telkom Indonesia, the project is estimated to have a PP of 2,02 years. The result of SKP's financial projections is also supported by Monte Carlo simulations which show the effect of changes to influential variables, with simulation results show a possible NPV> 0 of 87,53%.

2018 ◽  
Vol 2 (2) ◽  
Author(s):  
Yudiana Yudiana ◽  

Abstract The object of research is PO. Pisang Suseno Bandar Lampung Chips located at Jalan Ikan kakap No. 78 Teluk Betung. PO. The problem studied was to find out the influence of financial and marketing factors on business feasibility of PO. Suseno Banana Chips in Bandar Lampung because of the business feasibility of PO. Suseno Banana Chips in Bandar Lampung business feasibility PO. Suseno Banana Chips in Bandar Lampung are declining. The research method used in this study is library research carried out by reading and studying books, scientific works and other library support related to this research and field research conducted by examining directly on PO. Suseno chips in Bandar Lampung through interview methods and questionnaires related to financial and marketing factors to the business feasibility of Suseno Keripik in Bandar Lampung. The results showed that the influence of financial and marketing factors on business feasibility of PO. Suseno Chips in Bandar Lampung, Based on calculations and research results from several financial feasibility criteria, it can be seen that the Net Present Value (NPV) is 226,745,626 and the Profitability Index (PI) is 1.87, the Internal Rate of Return (IRR) is 40.47% and Payback period (PP) for 2 years 23 days. This business should be developed in the direction of a larger processing industry given the products of PO chips. Suseno is a product that is quite popular with the community and this business can be used as an example by various parties who want to pursue similar businesses.


2019 ◽  
Vol 19 (2) ◽  
pp. 61-70
Author(s):  
Pandi Aditiya ◽  
Ahmad Herison ◽  
Ika Kustiani ◽  
Amril Ma’ruf Siregar

The increasing demand for port services at the Panjang port causes high levels of ship queues. The solution to overcome this problem is to build a new port. However, this new port construction project has not yet conducted a feasibility study. The purpose of this study is to assess the feasibility of port development in the Panjang district of Bandar Lampung in terms of investment or financial aspects. The methods are Benefit-Cost Ratio, Net Present Value, Payback Period, and Internal Rate of Return. The results of the feasibility study of the most profitable investment are in the seventh scenario, the Net Present Value (NPV) of Rp. 463,292,122,605.34, the BCR result of 1.2959, the IRR yield of 12.11% and the Payback Period (PP) occur in the year to thirty-seventh with an economic age of 60 years. The conclusion is that the construction of a new port can be a solution to overcome the overload of Panjang port.


2020 ◽  
Vol 8 (1) ◽  
pp. 59
Author(s):  
Pande Ketut Raka Ariesta Putra ◽  
Sri Mulyani ◽  
I Wayan Gede Sedana Yoga

Turmeric extract powder was processed product of turmeric which were produced in powder form. This study aimed to determine the value added obtained in the process of producing extract powder, knowing the financial feasibility obtained from the productin process of turmeric into extract powder products. The financial feasibility study uses the calculation of profit and loss analysis, Net Present Value, Internal Rate of Return, Net B / C Ratio, Payback Period, and Break Event Point and Hayami method to determine the added value..The business of extract powder was feasible to obtain, and the Net Present Value was Rp. 290.897.909. The Internal Rate of Return of 13% showed that the rate of return was greater the specified Bank interest rate. Payback Period for 1 year 2 months and B/C Ratio of 1,68. The value added of extract powder obtained a value of Rp. 20.000 per kg, the income value added ratio was 57,14%. The sensitivity analysis scenario showed that both an increased in operational costs of 3%-6% and income decreased by 3%-6% resulting in positive NVP. Therefore, the turmeric extract powder business was feasible. Keywords : Turmeric, extract powder, value added analysis, and financial feasibility


2018 ◽  
Vol 4 (1) ◽  
pp. 8
Author(s):  
Ferdison S. Mantende ◽  
Marhawati Mapatoba ◽  
Abdul Muis

This research aimed to analyze the financial feasibility of organic vegetable farming at CV. Rahayu. This research conducted in Sidera, Subdistrict of Sigi Biromaru, Regency of Sigi on December 2016 to January 2017. The respondents were purposively determined. Data was analyzed using financial worthiness analysis employing with 4 indicators: Net present value (NPV), net benefit cost ratio (Net B/C), internal rate of return (IRR), and Payback Period (PP). The results of this research indicated that the NPV during the period 2014 to 2018 was IDR 543.674.792; the net B/Cwas 1,65, the IRR was 35,09 %, and the PP was 2 years and 3 months. The results of the calculationusing sensitivity analysis in the organic vegetable farming company at CV. Rahayu by assuming the organic vegetables attacked by the pests and diseases were a decreased 33 percent from total production with the acquisition of NPV decreased to IDR 8.587.415, Net B/C decreased to 1.01, IRR decreased to 12.42 percent, Payback period became 3.6 years. In the other hand, NPV decreased to IDR 7,276,181, Net B/C decreased to 1.01, IRR decreased to 12.36 percent, payback period became 3.6 years if the assume was an increased production cost until 74 percent. These values financially show the farming at CV. Rahayu is well worth to effort. These results indicate that financially, CV. Rahayu is very feasible to operate.


2021 ◽  
Vol 778 (1) ◽  
pp. 012005
Author(s):  
E B Santoso ◽  
V K Siswanto ◽  
U Sulistyandari

Abstract Property assets owned by the city government should provide high benefits as a source of regional income. The asset is aging so that its productivity will decrease. The government is trying to revitalize assets to make them more productive. The purpose of this study is to determine the best utilization that can provide the highest benefit. The method used to assess the development of these assets is through the high best use approach. Several alternatives to the use of assets compared with the analysis of financial feasibility include the calculation of IRR, NPV, PP, ROI. The utilization of property assets that is more profitable for landowners, based on the results of the FGDs that have been carried out there is an opportunity to build a supporting facility for the development of Dumilah Water Park as a Hotel and Convention Hall. Both of these facilities have considerable economic appeal to support the function of the city of Madiun as a center for trade and services on a regional scale. Based on the calculation of financial feasibility at Dumilah Water Park with an initial investment amount of Rp. 60,354,000,000.00 then the Net Present Value is obtained of Rp. 6,258,119. Likewise, the Internal Rate of Return was obtained at 11.41%, greater than the 10% interest rate. Meanwhile, the Payback Period of this investment is 8 years with an ROI of 10%.


Author(s):  
Mateus Maia de Jesus ◽  
Lya Aklimawat ◽  
Budi Setiawan ◽  
Djoko Koestiono

Coffee is not only the main export product in Timor Leste, but also a source of income for farmer household. The importance of coffee for Timor Leste community should be developed through market oriented farm management on coffee farming. The aim of this research was to analyze financial feasibility of Arabica coffee farming at farmer level; analyze sensitivity of coffee farming toward change in coffee productivity and price; and analyze correlation between productivity with socio-economic characteristics of farmers. This research was carried out at Poetete Village, Ermera Sub-district, Ermera District, Timor Leste. Primary and secondary data were collected in this research. Respondents were selected by stratified random sampling method. Financial feasibility study on coffee farming were analyzed by using Net Present Value (NPV), Internal Rate of Return (IRR) dan Net Benefit Cost Ratio (NBCR). Rank Spearman test was used to analyze the correlation between productivity with variable of production factors and socioeconomic characteristics of farmers. The results showed that Arabica coffee farming was financially feasible to be develop with NPV of USD 205,291,130; IRR of 17.449%; and Net B/C ratio of 2.911 at discount factor 10%. Arabica coffee farming at Poetete Village was classified less responsive toward productivity increasing at 10% and price decreasing at 10% with NPV of USD 37,367,151; IRR of 25.95%; and Net B/ C ratio of 3.862 at discount factor 1%. The correlation between productivity with land ownership (0.965), experience of farmers (0.613), age of farmers (0.663), farmers education level (0.748) and household size (0.791) were categorized as strong to very strong.


2019 ◽  
Vol 3 (1) ◽  
Author(s):  
Fajar Pebriansyah ◽  
Elfi Indrawanis ◽  
Mahrani Mahrani

ABSTRAKPenelitian ini dilaksanakan di Desa Kuantan Sako Kecamatan Logas Tanah Darat Kabupaten Kuantan Singingi, yang dilaksanakan pada bulan Februari sampai dengan April 2019. Tujuan penelitian ini adalah untuk mengetahui analisis kelayakan secara finansial (NPV, Net B/C, PR, PBP dan BEP) usaha agroindustri tahu di Desa Kuantan Sako Kecamatan Logas Tanah Darat Kabupaten Kuantan Singingi. Hasil Penelitian Analisis kelayakan Agroindustri Tahu Mbak Rubingah di Desa Kuantan Sako Kecamatan Logas Tanah Darat berdasarkan Net Present Value (NPV), Net B/C Ratio dan Profitability Ratio memiliki nilai positif dimana Agroindustri Tahu Mbak Rubingah sangat layak untuk dijalankan, hal ini dapat diihat pada nilai Net Present Value (NPV) adalah Rp 2.303.553.375.31, nilai Net B/C Ratio sebesar 1.85, nillai Profitability Ratio sebesar 28.96 yang bergerak positif. Untuk Pay Back Period (PBP) Agroindustri Tahu Mbak Rubingah pada 2 bulan 28 hari. Sedangkan Break Event Point (BEP) Agroindustri Tahu Mbak Rubingah pada 2 tahun 6 bulan.Kata Kunci : Agroindustri Tahu; Kuantan Sako; Studi Kelayakan Usaha ABSTRACTThis research was conducted in Kuantan Sako Village, Logas Tanah Darat District, Kuantan Singingi Regency, which was held from February to April 2019. The purpose of this study was to determine the financial feasibility analysis (NPV, Net B / C, PR, PBP and BEP) tofu agroindustry in Kuantan Sako Village, Logas Tanah Darat District, Kuantan Singingi Regency. The research results of the feasibility analysis of Tahu Agroindustri Mbak Rubingah in Kuantan Sako Village, Logas Tanah Darat District based on the Net Present Value (NPV), Net B / C Ratio and Profitability Ratio have positive values where Tahu Agroindustri Mbak Rubingah is very feasible to run, this can be seen in The Net Present Value (NPV) value is Rp 2.303.553.375.31, the Net B / C Ratio value is 1.85, and the Profitability Ratio is 28.96 which is positive. Tofu Agroindustry Pay Back Period (PBP) Mbak Rubingah at 2 months 28 days. While the Break Event Point (BEP) of Tofu Agroindustry Mbak Rubingah at 2 years 6 months.Keywords: Tofu Agroindustry; Kuantan Sako; Business Feasibility Study


2021 ◽  
Vol 9 (2) ◽  
pp. 198
Author(s):  
I Dewa Gede Agung Sastra Wiartha ◽  
Luh Putu Wrasiati ◽  
I Wayan Gede Sedana Yoga

White tea are superior products at PT. Bali Cahaya Amerta and still not so many other companies in producing it. The purpose of the study is to, determine the financial feasibility of white tea processing at PT. Bali Cahaya Amerta, determine the added value generated from the processing of white tea at PT. Bali Cahaya Amerta, and determine the feasibility of white tea at PT. Bali Cahaya Amerta if there is an increase in operating costs and a decrease in income using sensitivity analysis. Financial feasibility analysis uses quantitative descriptive analysis using the calculation of profit and loss, Net Present Value, Internal Rate of Return, Net B / C Ratio, Payback Period, and Break Event Point, and value added analysis using the Hayami method. Production of white peony and silver needles is feasible, with Net Present Value results of  Rp. 4,505,933,033. Internal Rate of  Return of 5.49% shows that the rate of return is greater than the specified bank interest rate. Payback Period for 2 years 3 months. B/C ratio of 1.55. White peony added value obtained a value of Rp. 860,000 per kg, the ratio of added value is 110.25%. While the added value of the silver needle is Rp. 430,000 per kg, value added ratio of 47.77%. The sensitivity analysis scenario shows that both an increase in operating costs of 1.5% -4% and revenue decreased 1.5% -2.5% resulting in a positive NVP. So that the business of white peony and silver needle is feasible. Keywords: white tea, financial feasibility, value added


Author(s):  
Iftitah Hevi Riyanti ◽  
Jabal Tarik Ibrahim ◽  
Istis Baroh

Organic rise is a rice which produce organically from paddy without using fertilizer and chemical perticides. The market demand on organic rice has increased drastically and effected on promising market prospect. Lombok Kulon village is one of the area di Bondowoso district has been applied organic farming on organic rice. Tani mandiri 1 is one of farmer group who are cultivating organic rice with the certificate. The subject of research was taken at Lombok Kulon village, Wonosari regency, Bondowoso district. The method of research was descriptive qualitative with purposive sampling. The objectives of the research are: (1) to analyze the financial structure; (2) To know the criteria of financial feasibility. The quantitave analysis is purposed to analyze the aspects of financial which are cash flow, NPV (Net Present Value), IRR  (Internal Rate of Return), Net B/C Ratio, Payback Period and sensitivity analysis financial. The research showed that Unit Processing Padi Organik Tani Mandiri I was a viable unit based on the result of financial analysis. It was proved by NPV score which was Rp. 1.456.180.006 with 6 % of discount rate, the score of Net B/C Ratio was 1,65 or more than (>) 1, and IRR score was 23,80% or more than (>) 6% of bank interest rate.Organic rise is a rice which produce organically from paddy without using fertilizer and chemical perticides. The market demand on organic rice has increased drastically and effected on promising market prospect. Lombok Kulon village is one of the area di Bondowoso district has been applied organic farming on organic rice. Tani mandiri 1 is one of farmer group who are cultivating organic rice with the certificate. The subject of research was taken at Lombok Kulon village, Wonosari regency, Bondowoso district. The method of research was descriptive qualitative with purposive sampling. The objectives of the research are: (1) to analyze the financial structure; (2) To know the criteria of financial feasibility. The quantitave analysis is purposed to analyze the aspects of financial which are cash flow, NPV (Net Present Value), IRR  (Internal Rate of Return), Net B/C Ratio, Payback Period and sensitivity analysis financial. The research showed that Unit Processing Padi Organik Tani Mandiri I was a viable unit based on the result of financial analysis. It was proved by NPV score which was Rp. 1.456.180.006 with 6 % of discount rate, the score of Net B/C Ratio was 1,65 or more than (>) 1, and IRR score was 23,80% or more than (>) 6% of bank interest rate.


2020 ◽  
Author(s):  
endang naryono

Abstract - In starting a business be it in the field of manufacturing or services what must be done is to conduct a business feasibility study. Because by conducting a business feasibility study, business risks that will occur in the future will be overcome or at a minimum the risk of losses that occur is not too large. This study aims to determine the results of a business feasibility analysis in terms of financial aspects by using a payback period on leather shoes products at PT. Nadera Sukabumi. The design of this research is case study research. The type of data used in this study is quantitative and data sources used are included in secondary data. Variables that are the object of this research are the needs and sources of funds, profit-loss projections, cash budget projections, balance sheet projections, net cash flow projections, and investment valuation. The analysis technique used is to assess the feasibility of a business by determining the value of Payback Period (PP). In running a leather shoe business, PT. Nadera Sukabumi has no difficulty in meeting the production costs and operational costs. Profit and loss projections show that business activities always experience significant profits. Payback period analysis (PP) can be seen that PT. Nadera Sukabumi takes 2.02 months to return the investment value. This value indicates that the investment return period of this project is relatively short when viewed from the project analysis period, which is 6 months. Business is feasible to run because the payback period is smaller than the present value limit. Keywords: Feasibility, Financial Aspects of Payback Period


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