ANALISIS KELAYAKAN INVESTASI

PENAMBAHAN ARMADA PICK UP UMKM YOBOSEYO

DESA SIDOREJO KECAMATAN KEDUNGADEM

INVESTMENT FEASIBILITY ANALYSIS

ADDITION TO THE YOBOSEYO MSME PICK UP FLEET

SIDOREJO VILLAGE, KEDUNGADEM DISTRICT

BOJONEGORO DISTRICT

ABSTRAK

Penelitian ini bertujuan untuk menganalisis kelayakan investasi pembelian pick up senilai Rp 150.000.000,00 yang akan dilakukan  UMKM Yoboseyo pada tahun 2024. Analisis kelayakan investasi dilakukan menggunakan metode: payback period (PP), Net Present Value (NPV), Internal Rate of Return (IRR), dan Profitabily Index (PI). Analisis  dilakukan dengan mempertimbangkan penjualan selama 5 tahun terakhir dan potensi pasar yang belum dilayani.

Hasil perhitungan payback period (PP) adalah 3.2 tahun, dan ini lebih cepat dari umur ekonomis pickup yaitu 5 tahun. Proyeksi pendapatan dengan NPV bernilai positif sebesar Rp 50.356.508. Hasil perhitungan IRR sebesar 17,6% lebih besar dari bunga bank sebesar 10%. Sedangkan nilai Profitabily Index (PI) 1,3 lebih besar dari satu. Hasil perhitungan dengan metode PP, NPV, IRR, dan PI menunjukkan bahwa investasi penambahan 1 unit pick up layak dilakukan. Nilai PP makin kecil makin baik karena menunjukkan pengembalian investasi makin cepat. Sementara makin tinggi nilai IRR dibanding  bunga hutang menunjukkan bahwa return on debt lebih besar dari biaya hutang. Nilai NPV positif serta nilai PI yang lebih besar dari 1 menunjukkan bahwa investasi menguntungkan.

Kata Kunci : Metode pengambilan keputusan investasi, Payback period, Net Present Value, Internal Rate Of Return, Profitabily Index .

ABSTRACT

This research aims to analyze the feasibility of investing in purchasing a pick up worth IDR 150,000,000.00 which will be carried out by Yoboseyo MSMEs in 2024. The investment feasibility analysis is carried out using the methods: payback period (PP), Net Present Value (NPV), Internal Rate of Return (IRR), and Profitability Index (PI). The analysis was carried out by considering sales over the last 5 years and potential markets that have not been served.

The payback period (PP) calculation result is 3.2 years, and this is faster than the economic life of a pickup, which is 5 years. The projected income with a positive NPV is IDR 50,356,508. The IRR calculation result of 17.6% is greater than bank interest of 10%. Meanwhile, the Profitability Index (PI) value of 1.3 is greater than one. The results of calculations using the PP, NPV, IRR and PI methods show that the investment in adding 1 pick up unit is feasible. The smaller the PP value, the better because it shows a faster return on investment. Meanwhile, the higher the IRR value compared to debt interest shows that the return on debt is greater than the cost of debt. A positive NPV value and a PI value greater than 1 indicate that the investment is profitable.

Keywords: Investment decision-making methods, Payback period, Net Present Value, Internal Rate of Return, Profitabily Index.