STOCK VALUATION AND BUSINESS PERFORMANCE OF PROPERTY INDUSTRY POST COVID-19 ERA (CASE STUDY OF PT BUMI SERPONG DAMAI TBK).

In 2019 the pandemic Covid-19 caused a sharp decline in the Indonesian economy, yet in 2021 the economic condition started to recover, indicating ba y 7% increase in Gross Domestic Product and Consumer Confidence Index. One sector influenced by strong economic recovery is the property industry, furthermore, re government gave stimulus to boost property industry growth. PT Bumi Serpong Damai Tbk (BSDE) is a leading property developer having various projects anlandbankssk across Indonesia. Post Covid-19 era, the financial performance of PT Bumi Serpong Damai Tbk showed a good condition, the evidence is the increase in company profitability and decline in the debt. The fundamentals contrast with the stock price as the price declined even in the recovery phase. This condition encourages the writer to research PT Bumi Serpong Damai Tbk stock valuation and whether the share is classified as overvalued or undervalued. The research will utilize secondary such as financial reports, annual reports, public exposure from idx.co.id, trading view, and other literature sources. The methodology to process the data is Discounted Cash Flow valuation method to find the actual intrinsic value and value-added intrinsic value, to find the fair value using the Net Asset Value valuation method. The added value is a proposal to develop a housing project for Generation with the goal to increase the company share price. The actual intrinsic value is IDR 1,250 per sharwithth a 40% margin of safety and the added-value valuation method is IDR 1,612 per share with a wwiththa7.82% margin safety. res tof the thee f Net Asset Value method a fair value of IDR 2,554 per share and 118.29% margin of safety. Finally, the author will determine if the stock of PT Bumi Serpong Damai Tbk is undervalued or overvalued and give investment recommendations. [ABSTRACT FROM AUTHOR]