Analisis Kewajaran Harga Saham Dan Keputusan Investasi Dengan Metode Dividend Discount Model (Studi Pada Perusahaan Semen Yang Listing Di Bursa Efek Indonesia Tahun 2009-2014)

The company's financial performance need to analyzed by nominee shareholder, one of which can used the approach of fundamental analysis method of the Dividend Discount Model constant growth. This analysis done by observing fundamental factors of financial companies that seen from profitability ratio ROE, EPS, and DPS as well as the ratio of market PER and DPR. The main purpose is to find out the value of stock price reasonableness as well as how the right investment decisions against cement company's stock listing in Indonesia stock exchange in 2009-2014 refers to the value of reasonableness price of Stock Dividend Discount Model constant growth. The reasonableness of the price stock is stated with the statement correctly valueded, undervalued, overvalued, and can be used as guidelines for decision-making of investment hold, buy, and sell. This type of research is descriptive research with quantitative approach. The results of analysis indicates that the stock price of PT. Semen Indonesia (Persero) code issuers SMGR stated correctly valueded so that recommendations which it deserves to be put on hold while the shares of PT. Indocement Tunggal Prakasa code issuers INTP stated overvalued so recommended for sale