Investment Feasibility Analysis On The Addition Of Fixed Assets At PT X Using Scenario Analysis

Irene Hanna Florence; Rachman Untung Budiman

Irene Hanna Florence Universitas Indonesia
Rachman Untung Budiman Universitas Indonesia

Keywords: Investment Feasibility, Capital Budgeting, Scenario Analysis

Abstract

PT X, a company engaged in producing plastic packaging, wants to invest in purchasing fixed assets to accommodate the increasing demand for plastic packaging. However, PT X has not yet conducted an investment feasibility analysis on the fixed asset purchase plan. This study analyzes the feasibility of investing in the planned addition of fixed assets at PT X. The research method used is a case study with quantitative methods. Case studies conducted in investment feasibility are measured by capital budgeting methods, namely Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PBP), and Discounted Payback Period (DPP). In addition, an analysis was also carried out using three scenarios, namely, most likely, optimistic, and pessimistic, to see the financial performance in three different conditions. With a discount rate of 9.36%, the research results show that all capital budgeting methods provide sustainable results, and the plan to add fixed assets to PT X is feasible in the most likely and optimistic scenario but not in the pessimistic scenario.

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