scholarly journals ANALISIS PENGARUH RASIO PROFITABILITAS TERHADAP HARGA SAHAM PERUSAHAAN YANG TERCANTUM DALAM INDEKS LQ45

2020 ◽  
Vol 5 (2) ◽  
pp. 218
Author(s):  
Haidar Abdullah ◽  
Salamatun Asakdiyah

This study aimed to examine the effect of profitability ratio on stock price of companies  listed  in  LQ45  index  in  Indonesia  Stock  Exchange  (BEI).  Profitability ratios here in include Net Profit Margin (NPM), Return on Assets (ROA), Return on Equity (ROE),  and Eearning Per Share  (EPS). This study  was conducted to assess the financial performance of the company to generate earnings from an investment.This study uses secondary data. The population in this study is the companies included in the LQ45 index from  2010-2013 amounting to 78. The total sample is 16 companies  belonging  to  and  representing  several  sectors  including  the  financial sector companies, automotive, property, plantation, infrastructure, mining, industrial cement, as well as the consumer goods  industry are consistently incorporated in the four observation period 2010-2013 in LQ45 index that has been determined through purposive  sampling  method.  Method  of  hypothesis  testing  using  Classical Assumption  Test,  Regression,  t  test,  F  test,  and  the  coefficient  of  determination  by alpha (α) of 5%.Regression analysis showed that in partial Net Profit Margin (NPM), Return on Assets (ROA) and Return On Equity (ROE) significantly influence the stock price while the variable Eearning Per Share (EPS) has no significant effect on stock price. Simultaneously  all  variables  Net  Profit  Margin  (NPM),  Return  on  Assets  (ROA), Return on Equity (ROE), and Eearning Per Share (EPS) have a significant effect on stock price. The value of coefficient of determination (R2) of  0.899, which means that the independent variable Net Profit Margin (NPM), Return on Assets (ROA), Return on Equity (ROE), and Eearning Per Share (EPS) is able to explain the variation of the dependent variable stock price by 89,9%, while the remaining 10.1 % is explained by other variables outside of the variables used in the study.

2021 ◽  
Vol 4 (2) ◽  
pp. 741-747
Author(s):  
Anugrah Harika Putra ◽  
Nanu Hasanuh

This study aims to determine the effect of Net Proft Margin, Return On Assets, and Return On Equity Against the Stock Price of Companies in the Financial Services Subsector Listed on the Indonesia Stock Exchange in 2015-2018. This research has occurred a phenomenon and identification of a problem that is quite interesting. The data source used from this research is only secondary data. The selection of samples is based on the criteria and subsector companies of 17 financial institutions and samples taken by 8 companies using the purposive sampling method in the financial institutions subsector companies. This study uses the data analysis methods of classical assumptions and hypothesis testing. The results showed that partially Net Profit Margin and Return On Assets have a significant effect on Stock Prices and partially showed Return On Equity had no significant effect on Stock Prices. Simultaneously, Net Profit Margin, Return On Asset, and Return On Equity have a significant effect on stock price. Keywords : NPM, ROA, ROE,  Stock Price


2021 ◽  
Vol 1 (2) ◽  
pp. 103-123
Author(s):  
Choiriyah Choiriyah ◽  
Fatimah Fatimah ◽  
Sri Agustina ◽  
Ulfa Ulfa

This study aims to determine the effect of return on assets (ROA), return on equity (ROE), net profit margin (NPM), earning per share (EPS) and operating profit margin (OPM) on the stock prices of banking companies on the Indonesia Stock Exchange. This type of research is associative research. Secondary data in this study is in the form of banking financial statements. The total population used in this study were 32 banking companies, and the samples that met the research criteria were eight banking companies listed on BEI. The analytical model used in this study is multiple linear regression analysis. The analysis results show that ROA, ROE, NPM, EPS, and OPM together have a significant effect on the stock prices of banking companies on the Indonesia Stock Exchange (IDX). On the other hand, coefisiens of ROA, NPM and OPM have no significant effect on the Stock Price of banking companies on the Indonesia Stock Exchange (IDX). In contrast, ROE and EPS significantly affect the Stock Price of banking companies on the Indonesia Stock Exchange (IDX).


2016 ◽  
Vol 7 (2) ◽  
pp. 53-74
Author(s):  
Mentari Risdanya ◽  
Zaroni Zaroni

This study aims to determine whether Net Profit Margin (NPM), Earning Per Share (EPS), Return On Equity (ROE), Price Earning Ratio (PER), and Debt to Equity Ratio (DER) have significant influence towards share price. The object of this research are companies in the field of property and real estate companies listed on the Indonesia Stock Exchange (IDX) in 2011-2013. Data collection methods used are secondary data from the annual financial statements. Sampling was done by using purposive sampling method, and the total sample used were 26 companies, the number of observed data 78 data. The data analysis technique used in this study is multiple regression analysis. The results of this study are (1) Net Profit Margin (NPM), Return On Equity (ROE), and Price Earning Ratio (PER) have no significant effect towards share price (2) Earning Per Share (EPS) and Debt to Equity Ratio (DER) have a significant effect towards share price. Keywords: Net Profit Margin, Earning Per Share, Return On Equity, Price Earning Ratio, Debt to Equity Ratio, Share Price.


2016 ◽  
Vol 2 (1) ◽  
Author(s):  
Eka Susilawati

The purpose of this research was to determine whether Liquidity Ratios (Current Ratio), Solvency Ratio (Debt to Equity Ratio), and Profitability ratios (Return on Equity and Net Profit Margin) have an influence on Earning Per Share.The type of data in this study are secondary data, the sampling method is used purposive sampling and methods polled. The company used a sample of 26 of 136 companies listed on the Indonesia Stock Exchange during the period 2008-2011. This research is quantitative, and statistical testing using multiple linear regression test.The results of this study indicate that simultaneous four independent variables significantly influence the Earning Per Share. Partially shown that Current Ratio, Debt to Equity Ratio and Net Profit Margin has a positive and significant effect on Earning Per Share. While Return On Equity has a positive effect but not significant to Earning Per Share. Keywords: Current Ratio, Debt to Equity Ratio, Return On Equity, Net Profit Margin, Earning Per Share.


2019 ◽  
Vol 8 (9) ◽  
pp. 5722
Author(s):  
Ade Indah Wulandari ◽  
Ida Bagus Badjra

The stock price is the price on the stock market at a certain time determined by market participants and is determined by the demand and supply of the shares in question in the capital market. The stock price reflects the value of the company and the effectiveness of the company. The stock price is getting higher, the higher the company's value. This research was conducted to examine the effect of profitability on stock prices in LQ-45 companies on the Indonesia Stock Exchange (IDX). The number of samples studied were twenty-seven (27) companies selected through a saturated sampling method with a four-year observation period. The data collection method used in this study is a nonparticipant observation method. Data analysis was carried out by multiple linear regression model analysis techniques. Based on the results of the analysis it was found that Return On Equity and Net Profit Margin had a significant positive effect on stock prices, while Return On Assets had no significant effect on stock prices. The increase in ROE and NPM will be followed by an increase in stock prices.                                                                 Keywords: Stock Price, Return On Assets , Return On Equity , Net Profit Margin


2021 ◽  
Vol 1 (4) ◽  
pp. 393-398
Author(s):  
Ono Tarsono

This study aims to analyze DER, ROE, on stock prices on the Indonesia Stock Exchange during the 2015-2019 period. The analytical research technique used is multiple linear regression analysis. The results of this study indicate that the Debt Equity Ratio, Return On Equity, Net Profit Margin have an effect on stock prices . Based on the coefficient of determination of the influence of Debt Equity Ratio, Return On Equity, Net Profit Margi has an influence of 54.6%. It is recommended that investors and potential investors if they want to invest are expected to be able to see and analyze the ratios that affect the overall stock price.    


KEBERLANJUTAN ◽  
2018 ◽  
Vol 3 (2) ◽  
pp. 907
Author(s):  
Muhamad Jusmansyah

AbstractThis study aims to analyze the effect of Net Profit Margin, Return on Equity and Earning Per Share on Stock Price of manufacturing companies listed on Indonesia Stock Exchange in observation year 2012 - 2016.Using a linear regression analysis method is assisted with the use of the SPSS program version 23 which utilizes secondary data from a sample of 15 (fifteen) chemical industry sector group manufacturing companies that have been listed on the Indonesia Stock Exchange for the 2012 to year period 2016. While the sampling method used is purposive sampling method. This study obtained the following results: (1) Net Profit Margin influential on Stock Price, (2) Return On Equity effect on Stock Price, (3) Earning Per Share effect on Stock Price, (4) ) The results of regression analysis simultaneously influenced the result that Earning Per Share effect on Stock Price. As for Net Profit Margin and Return on Equity does not affect the stock price. Keywords: NPM, ROE, EPS, on Stock Price.


2021 ◽  
Vol 1 (1) ◽  
pp. 69
Author(s):  
Windi Rahmawati ◽  
Dadang Husen Sobana

ABSTRAKKemajuan ekonomi negara bisa di lihat dari banyaknya para investor yang menanamkan modalnya di pasar modal khususnya produk saham, dengan pengharapan dapat keuntungan (return) pada waktu yang telah di tentukan. Namun dalam investasi saham perlu memperhatikan beberapa faktor yang dapat mempengaruhi harga saham yang bisa dijadikan pertimbangan investor untuk membeli saham tersebut. Beberapa faktor tersebut diantaranya Gross Profit Margin dan Return On Equity. Penelitian ini bertujuan untuk mengetahui pengaruh Gross Profit Margin secara parsial terhadap Price Share pada PT. Astra Agro Lestari Tbk. periode 2009-2018; untuk mengetahui Return On Equity secara parsial terhadap Price Share pada PT. Astra Agro Lestari Tbk. periode 2009-2018; dan untuk mengetahui pengaruh pengaruh Gross Profit Margin dan Return On Equity secara simultan terhadap Price Share di PT Astra Agro Lestari Tbk. periode 2009-2018.  Penelitin ini menggunakan metode deskriptif dengan pendekatan kuantitatif. Metode penelitian dengan mengunakan analisis secara parsial yaitu dengan analisis regresi sederhana, analisis korelasi pearson product moment, koefisien determinasi dan uji t serta dengan analisis simultan yaitu dengan analisis regresi berganda, korelasi berganda dan uji F. Analisis pada penelitian ini didukung dengan menggunakan aplikasi SPSS for windows versi 25. Data yang digunakan adalah data sekunder dari website Bursa Efek Indonesia (www.idx.co.id) dan PT. Astra Agro Lestari Tbk. (www.astra-agro.co.id) periode 2009-2018. ABSTRACTThe country's economic progress can be seen from the number of investors who invest in the capital market, especially stock products, with the expectation of a return at a predetermined time. However, in-stock investing, it is necessary to pay attention to several factors that can affect the stock price that investors consider buying these shares. Some of these factors include Gross Profit Margin and Return On Equity. This study aims to determine the effect of partial Gross Profit Margin on Price Share at PT. Astra Agro Lestari Tbk. 2009-2018 period; to know the Return On Equity partially to the Price Share at PT. Astra Agro Lestari Tbk. 2009-2018 period, and to determine the effect of Gross Profit Margin and Return On Equity simultaneously on the Price Share at PT Astra Agro Lestari Tbk. 2009-2018 period. This research uses a descriptive method with a quantitative approach. The research method used partial analysis, namely simple regression analysis, Pearson product-moment correlation analysis, coefficient of determination and t-test, and simultaneous analysis, namely by multiple regression analysis, multiple correlations and F test. The analysis in this study was supported by using the SPSS application for Windows version 25. The data used are secondary data from the Indonesia Stock Exchange website (www.idx.co.id) and PT. Astra Agro Lestari Tbk. (www.astra-agro.co.id) 2009-2018 period.


2020 ◽  
Vol 8 (1) ◽  
pp. 1-6
Author(s):  
Saraswati Dewi ◽  
Alean Kistiani ◽  
Yunita Niqrisah

Every company has a desire to make a profit in every production. In addition, the wider community measures the success of the company based on the company's ability to earn profits seen from the company's performance, but not only that the success of a company is also seen from the achievement of the company's vision and mission goals. One alternative to find out the financial information generated is useful by predicting changes in earnings. Including financial conditions in the future is analyzing financial ratios. This study aims to determine the effect of Net Profit Margin, Return On Assets and Return On Equity on changes in company profits in food and beverage Sub Sector Companies Listed on the Indonesia Stock Exchange Period 2013 - 2018. The type of data used is secondary data, namely regarding financial statements. The sampling technique used was purposive sampling of 13 companies. All data were analyzed by multiple linear regression analysis, classic assumption test, t test and coefficient of determination. The results of the research show partially the variables that influence the change in company profits are only Net Profit Margin. And simultaneously the independent variable has no effect on the dependent variable.   Keywords: Net Profit Margin, Return On Asset, Return On Equity, changes in company profits.


2020 ◽  
Vol 6 (3) ◽  
pp. 401-409
Author(s):  
Muhammad Fahmi

ABSTRAK : Muhammad Fahmi, Penelitian ini bertujuan (1) untuk membuktikan secara empiris dan parsial pengaruh gross profit margin (GPM), net profit margin (NPM), return on equity (ROE), return on assets (ROA) dan earnings per share (EPS) terhadap harga saham pada perusahaan property dan real estate yang terdaftar di BEI periode 2015 – 2018 (2) untuk membuktikan secara empiris dan simultan pengaruh gross profit margin (GPM), net profit margin (NPM), return on equity (ROE), return on assets (ROA) dan earnings per share (EPS) terhadap harga saham pada perusahaan property dan real estate yang terdaftar di BEI periode 2015 – 2018. Populasi dalam penelitian ini adalah perusahaan property dan real estate yang terdaftar di BEI periode 2015 - 2018 yakni sebanyak 58 perusahaan. Teknik pengambilan sampel yang dilakukan dalam penelitian ini secara purposive sampling yaitu penarikan sampel dengan pertimbangan tertentu, maka perusahaan property dan real estate yang dijadikan sampel dalam penelitian adalah 29 perusahaan yang terdafatr di BEI dari tahun 2015 sampai dengan 2018. Pembuktian penelitian ini dilakukan dengan cara : (a) mengumpulkan dan mentabulasi data yang diambil dari laporan keuangan perusahaan (b) melakukan uji asumsi klasik yang terdiri dari uji normalitas, uji multikolonearitas, uji autokorelasi, uji heteroskedatisitas, (c) pengujian hipotesis dengan uji F (simultan) dan uji t (parsial) dan koefisien determinasi (R). Metode pengolahan data menggunakan program SPSS untuk menjawab hipotesis. Kesimpulan penelitian ini adalah (1) Gross Profit Margin secara parsial berpengaruh positif dan signifikan terhadap harga saham perusahaan Property dan Real Estate. Hal tersebut menunjukkan bahwa semakin tinggi nilai Gross Profit Margin maka harga saham perusahaan Property dan Real Estate akan naik  (2) Net Profit Margin secara parsial berpengaruh negatif dan signifikan terhadap harga saham perusahaan Property dan Real Estate. Hal tersebut menunjukkan bahwa semakin tinggi nilai Net Profit Margin maka harga saham perusahaan Property dan Real Estate akan naik. (3) Return On Equity secara parsial berpengaruh negatif dan tidak signifikan terhadap harga saham perusahaan Property dan Real Estate. Hal tersebut menunjukkan bahwa  semakin   tinggi   atau   rendahnya   nilai   Return   On   Equity   maka   tidak akan berpengaruh terhadap harga saham perusahaan Property dan Real Estate. (4) Return On Assets secara parsial berpengaruh positif dan signifikan terhadap harga saham perusahaan Property dan Real Estate. Hal tersebut menunjukkan bahwa semakin tinggi atau rendahnya nilai Return On Assets maka tidak akan berpengaruh terhadap harga saham perusahaan Property dan Real Estate. (5) Earning Per Share secara parsial berpengaruh positif dan signifikan terhadap harga saham perusahaan Property dan Real Estate. Hal tersebut menunjukkan bahwa semakin tinggi nilai Earning Per Share maka harga saham perusahaan Property dan Real Estate akan naik. (6) Berdasarkan uji secara simultan bahwa Gross Profit Margin, Net Profit Margin, Return On Equity, Return On Assets dan Earning Per Share berpengaruh secara signifikan terhadap harga saham pada perusahaan Property dan Real Estate. (7) Berdasarkan Besarnya nilai koefisien determinasi sebesar 71.4% menunjukkan adanya hubungan yang tinggi antara Gross Profit Margin, Net Profit Margin, Return On Equity, Return On Assets dan Earning Per Share yang menjadi variabel independen dengan harga saham sebagai variabel dependen. Kata Kunci : Gross Profit Margin, Net Profit Margin, Return On Equity, Return On Assets, Earnings Per Share dan Harga Saham   ABSTRACT : Muhammad Fahmi, This research aims (1) to prove empirically and partially the effect of gross profit margin (GPM), net profit margin (NPM), return on equity (ROE), return on assets (ROA) and earnings per share (EPS) on the stock price of property and real estate companies listed on BEI period 2015-2018 (2) to prove empirically and simultaneously the effect of gross profit margin (GPM), net profit margin (NPM), return on equity (ROE), return on assets (ROA) and earnings per share (EPS) on the stock price of property and real estate companies listed on BEI period 2015-2018. The population of this research consists of 58 property and real estate companies listed on BEI period 2015-2018. Meanwhile, sample collecting technique used is purposive sampling, in which the sample is collected based on particular reasons, therefore 29 property and real estate companies listed on BEI period 2015 to 2018 are choosen as the sample. The data in this research are verified by  (a) collecting and tabulating the data taken from the financial report of the company (b) conducting classical assumption test, consisting of normality test, multicollinearity test, autocorrelation test, and heteroscedasticity test (c) hypothesis testing using the F-test (simultaneous), the t-test (partial), and coefficient of determination (R) Thus to answer the hyphotesis, data processing method using SPSS is applied.


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