The Effect Of Return On Asset (RoA), Return On Equity (RoE), Net Profit Margin (NPM), And Earnings Per Share (EPS) On Stock Price (Case Study In The Industry Company Sector Of Consumer Goods Listed On The Indonesia Stock Exchange Period 2018-2020)
DOI:
https://doi.org/10.31004/jptam.v6i2.4126Keywords:
Laba Atas Aset, Laba Atas Ekuitas, Margin Laba Bersih, Laba Per Saham, Harga SahamAbstract
Penelitian ini bertujuan untuk mengetahui pengaruh return on assets, return on equity, net profit margin, dan earning per share terhadap harga saham. Penelitian ini merupakan penelitian kuantitatif dengan menggunakan data sekunder berupa laporan keuangan tahunan. Teknik pengambilan sampel yang digunakan dalam penelitian ini adalah teknik purposive sampling dengan 31 sampel yang dipilih untuk penelitian. Penelitian ini menggunakan software eviews untuk mengolah data penelitian. Analisis yang digunakan adalah asumsi klasik, analisis regresi data panel, dan pengujian hipotesis. Hasil penelitian ini menunjukkan bahwa return on equity berpengaruh signifikan terhadap harga saham dan earning per share berpengaruh signifikan terhadap harga saham pada perusahaan di sektor industri barang konsumsi yang terdaftar di Bursa Efek Indonesia tahun 2018-2020. Sedangkan return on assets tidak berpengaruh signifikan terhadap harga saham dan net profit margin tidak berpengaruh signifikan terhadap harga saham pada perusahaan di sektor industri barang konsumsi. yang tercatat di Bursa Efek Indonesia pada tahun 2018-2020.
References
Brigham, F. Augene, and F. Joel Houston. 2010. Fundamentals of Financial Management. Issue 11. Jakarta: Salemba Empat.
Fasbiyanti, Nurul Afifah, Ronny Malavia Wardani, and Mohammad Rizal. 2020. "The Effect of Return On Assets (ROA), Return On Equity (ROE) And Earnings Per Share (EPS) On Stock Prices (Empirical Study On Manufacturing Companies In The Consumer Goods Industry Sector Listed On The Indonesia Stock Exchange 2016-2017)." Scientific Journal of Management Research 9 (2): 110–21.
Galih Vishnu Wardana, Made, and Muhammad Ali Fikri. 2019. "The Effect of Financial Performance on Stock Prices in Property and Real Estate Companies Listed on the Indonesia Stock Exchange." Focus Journal 9 (September): 206–28.
Hasanah, Afriyanti, and Didit Enggariyanto. 2018. "Analsisi Factors Affecting Return On Assets In Manufacturing Companies Listed On The Indonesia Stock Exchange." Journal Of Applied Managerial Accounting 2 (1): 15–25.
Herawati, Fitri, Ronny M Mardani, and M. Khoirul ABS. 2018. "The Effect of Debt To Equity Ratio (DER), Return on Asset (ROA), Return On Equity (ROE), And Net Profit Margin (NPM) On Stock Price." Journal of Management Research 7: 39–50.
Hidayat, Dicky, and Topowijono. 2018. "The Effect of Financial Performance on Stock Prices (Study on Mining Companies in the Oil and Gas Mining Subsector Listed on the Indonesia Stock Exchange for the 2013-2016 Period)." Journal of Business Administration 62 (1): 36–44.
Mujiono, Hangga Pradika. 2017. "The Effect of CR, DER, ROA, And EPS On Food and Beverages Stock Prices." Journal of Management Science and Research 6 (3): 1–17.
Nasution, Yenni Samri Juliati. 2015. "The Role of Capital Markets in the State Economy" 2 (1): 95–112.
Rachmad Faisal, Son. 2018. "The Effect of ROA, ROE, NPM, And EPS On Share Prices In IDX-Listed Telecommunications Companies." Journal of Management Science and Research 7 (5): 1–19.
Rahmani, Nur Ahmadi Bi. 2017. "Analysis of the Effect of Capital Adequacy Ratio (CAR) And Financing to Deposit Ratio (FDR) On Return On Asset (ROA) And Return On Equity (ROE) In Islamic Commercial Bank Companies In Indonesia." Journal of Islamic Economics and Business 4 (2): 299–316.
Rizqi Hisbullah, Mohammad. 2021. "The Effect of Profitability on The Share Price of Companies in the Goods and Consumption Industry Sector on the IDX in 2017-2020." Journal of Management Science 9 (2): 794–803.
Supriadi, Yoyon, and Muhammad Arifin. 2013. "The Effect of Financial Performance on Stock Prices." Scientific Journal of Management 1 (1): 53–68.
Triawan, Rinaldi, and Atina Shofawati. 2018. "The Effect of ROA, ROE, NPM AND EPS on Company Share Prices in the Jakarta Islamic Index (JII) for the 2011-2015 Period." Journal of Islamic Economics Theory and Applied 5 (7): 543–57.
Wulan Dini, Astri, and Iin Indarti. 2012. "The Effect of Net Profit Margin (NPM). Return On Assets (ROA), And Return On Equity (ROE) On The Price Of Shares Listed In The LQ45 Issuer Index 2008-2010." Journal of Accounting and Business Studies, no. J. Kaji. Account. and Business: 1–18.
Downloads
Published
How to Cite
Issue
Section
Citation Check
License
Copyright (c) 2022 Kirana Arya Risanti , Sri Murwanti
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work’s authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal’s published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).