KRAKATAU STEEL ( A)

ANALYSIS
Sindikat 7
-. Langgeng Setyono
-. Heda Kalenia
-. Anna Mardian
-. Surya Nugroho Wahyono
Objective
Forinvesting to Krakatau Steel, it is should
be better for checking the financial condition
of krakatau Steel

TheAnalysing of Krakatau Steel financial

condition is with comparing the growth of
investment between a year. In this case, we
could compare the annual growth in 2009-
2010 period.

A continually annual growth is the indicator

of best company to invest
 Analysis Method
CAGS ( Trend Performance
Analysis)
The Formula is

In analyzing the performance of trend company, classified into

four aspect :
a. Revenue
b. Return
c. Debt
d. Market

For this Trend Performance Analysis, the period use years

between 2008 to 2010 ( 2 period of time)
Four Basic Aspect To Determine
in Trend Analysis

Data From Financial

Statement
Krakatau Steel
PT. Guna One Djaya Steel
PT. Jaya Pari Steel
Trend Analysis
Trend Analysis
From the Table we can figure that :
In Revenue, Krakatau Steel have a CAGS that bigger
than two others. In Operating Profit Margin, growth
annual of Krakatau steel is 560.14 %. Net Profit Margin
have 56.4 %. Even tough, Krakatau steel operate their
producing more expensive than the others
In Return and Debt, Krakatau have a lower
performance than PT Jaya Pari Steel. To returning the
investment, between 2009-2010 krakatau steel have a
lowest point to return the invest.
In Liquidity, Krakatau Steel has a good condition while
still lower than PT Jaya Pari Steel. But annual growth
showing that Krakatau Steel has a continually growth in
8,31 %. So it is more safely for liquiding the asset.
 BUMN Scoring

From the scoring Krakatau Steel has classified to BBB

or Less Healthty Company in 2009-2010 analyzis, but
if Bambang compare with two others, Krakatau Steel
have the highest point (58.5).

Conclusion &
Reccomendation
Bambang could investing his money to Krakatau
Steel, although the CAGR of Krakatau Steels
Returning number is much below to its competitors
the growth of investment is continually growth, it
can indicated from Total Asset and Revenue growth
The Krakatau Steel BUMN Scoring is at level BBB
which is indicated as a less healthy company, so it
is indicated Bambang to do an analyzing his
investing after 2009-2010 period.
Bambang Supriyatno should invest to Krakatau
Steel as their score is better than the other
Industries. As we can see, year 2009 and 2010,
Krakatau Steel has a good revenue and liquidity but
in returning it could take more period to be return