Analisis Kinerja Keuangan Perusahaan Perkebunan Kelapa Sawit Go Public di Indonesia (Kasus PT Astra Agro Lestari Tbk, PT Sampoerna Agro Tbk, PT PP London Sumatera Indonesia Tbk, PT Tunas Baru Lampung Tbk, dan PT Sinar Mas Agro Resources and Technology Tbk)

Abstract

The purpose of this research is to evaluate financial performance of go public palm-based company and identify the factors which can influence financial performance of go public palm-based company. The research method is financial ratio analysis and Economic Value Added (EVA) Analysis. Based on financial ratio analysis, PT Astra Agro Lestari Tbk and PT PP London Sumatra Indonesia Tbk has the best financial performance. While the other companies, has poor financial performance because of its high debt levels and poor sales. Based on Economic Value Added analysis, palm-based company's financial performance in the three-year observation period is experiencing a negative trend in 2012. PT Sinar Mas Agro Resources and Technology Tbk has the best performance in the three-year observation period.