FAKTOR FUNDAMENTAL YANG MEMPENGARUHI PERUBAHAN HARGA SAHAM (Studi Empiris pada Perusahaan Finansial yang Terdaftar Di BEI Tahun 2009dan 2010)

2015 ◽  
Vol 10 (1) ◽  
pp. 16
Author(s):  
Norita Citra Yuliarti

This study aims to examine the fundamental factors of Current Ratio (CR), Leverage Ratio, Net Profit Margin (NPM), Total Assets Turn Over (TATO), Earnings Per Share(EPS)effect on stock price changes on financial companies in Indonesia . The share price is the value of a stock that reflects the wealth of the company issuing the shares, which change or fluctuation is largely determined by the forces of supply and demand occurred in the stock exchange (secondary market). The influence of these factors on stock prices is tested with regression analysis. Study sample is 40 companies listed on the Indonesian stock exchange are selected by purposive sampling.The results of this study indicate that the partial net profit margin of only variable that significantly influence the stock price, while the variable current ratio, leverage ratio, total assets turnover and earnings per shareno significant effect on stock prices. While simultaneously variable Current Ratio (CR), Leverage Ratio, Net Profit Margin (NPM), Total Assets Turn Over (TATO), Earnings Per Share(EPS)significantly influence the stock price. These results indicate that investors in making investment decisions take into consideration the level of stock prices, returns that would be obtained and also consider the ability of illiquid instruments (funds from third parties, received a loan of more than three months, and core capital) against liabilities (current debt ) company. Keywords: Stock Price, Current Ratio(CR), LeverageRatio, Net ProfitMargin(NPM), TotalAssetsTurn Over(TATO), Earnings Per Share(EPS)

2016 ◽  
Vol 2 (1) ◽  
Author(s):  
Aditya Pratama ◽  
Teguh Erawati

This study discusses the stock price and financial ratios based on the financial statements of companies listed on the Indonesia Stock Exchange during the period 2008-2011. The purpose of this research was to determine whether the Current Ratio, Debt to Equity Ratio, Return on Equity, Net Profit Margin and Earning Per Share has an influence on the stock price. The company sampled as many as 20 of the 136 companies listed on the Indonesia Stock Exchange during the period 2008-2011. Using regression analysis, it can be seen that the variable current ratio, debt to equity ratio, return on equity, net profit margin and earnings per share to simultaneously have a significant influence on stock prices. Test results partially, current ratio, debt to equity ratio, and earnings per share positive and significant effect on stock prices. Return on equity has a negative effect on stock prices. Net profit margins and significant positive effect on stock prices. Keywords: Current Ratio, Debt To Equity Ratio, Return On Equity, Net Profit Margin, Earning Per Share, Stock Price.


2021 ◽  
Vol 4 (2) ◽  
pp. 698-705
Author(s):  
Rafida Khairani ◽  
Fati Syafira ◽  
Masnika Sinaga ◽  
Roryn Chelsi Gea ◽  
Lorensisca Sitorus

The purpose of this research is to analyze the effect of profitability and Liqudity on the company's stock price in PropertySector. This research uses a quantitative approach, the type of research used is associative research. The data used are secondary data in the form of company financial statements obtained from the Indonesia Stock Exchange (IDX). In determining the sample of this study using a purposive sampling method that is determining the sample by making certain criteria. The data analysis method uses multiple linear regression analysis. Testing the hypothesis in this study using the t test to determine the effect of individual independent variables on the dependent variable. While the F test is used to determine the effect of Current Ratio (CR), Net Profit Margin (NPM), Return On Assets (ROA) simultaneously on stock prices. The regresion results of this research shows that independent variables like CR and ROA has a positive effect in predicting stock prices. While, the NPM variable has a negative effect in predicting the stock prices. Current Ratio (CR), Net Profit Margin (NPM), and Return On Assets (ROA) simultaneously have a significant effect on Stock Prices. Partially, Current Ratio (CR), and Return On Assets (ROA) have a significant effect on Stock Prices. While Net Profit Margin (NPM) Does not have significant effect on Stock Prices. From the regression coefficient test concluded that 58,8% of the share price can be explained by the independent variables Keywords: Profitability, Liquidity,  Stock Prices.


Equity ◽  
2019 ◽  
Vol 22 (1) ◽  
pp. 37
Author(s):  
Muhammad Irfan Sauqi ◽  
Endah Tri Wahyuningtyas ◽  
Heni Agustina

The purpose of this study is to determine the financial effect proxy through Current  ratio, Debt Equity Ratio, Return On Asset, Return On Equity, Return On Investment and Net Profit Margin Against Stock Price of the Company and the like mentioned in Indonesia Stock Exchange. The sample used in the study amounted to 16 companies from a total of 18 companies, for the techniques used in the study using multiple regression analysis. The test results show the variable Current Ratio, Debt Equity Ratio, Return On Asset, Return On Equity, Return On Investment and Net Profit Margin simultaneously affect the stock price of metal companies and the like listed on the Indonesia Stock Exchange, with the results obtained F- count as 5,948 with  significant 0.000 < 0.05. Which means the relationship between the independent variables Current Ratio, Debt Equity Ratio, Return On Asset, Return On Equity, Return On Investment and Net Profit Margin together have a close relationship to stock prices.


Owner ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 380-395
Author(s):  
Namira Ufrida Rahmi ◽  
Andrew Andrew ◽  
Angelia Stefani ◽  
Fenita Fenita

This research was conducted with the aim of examining the effect of Current Ratio, Quick Ratio, Net Profit Margin and Return on Equity on stock prices in food & beverage sector companies listed on the Indonesia Stock Exchange from 2013 to 2019. The population is the Food & Beverages sector companies listed on the IDX in 2013-2019. The sample was taken using purposive sampling method, so that the sample becomes 70 observation. This research was classified as quantitative research and the type of research is descriptive. The data analysis technique was carried out by using multiple linear regression test using the SPSS ver 25 analysis tool. The results showed that Current Ratio partially has a negative and insignificant effect on stock prices. Quick Ratio partially has a positive and insignificant effect on stock prices. Net Profit Margin partially has a positive and significant effect on stock price. And, Return on Equity partially has a negative and insignificant effect on stock prices. Meanwhile, simultaneously, Current Ratio, Quick Ratio, Net Profit Margin and Return on Equity have a positive and significant effect on stock prices in food and beverages sector companies listed on the Indonesia Stock Exchange in 2013-2019.


2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Rondonuwu Ester Faleria ◽  
Linda Lambey ◽  
Stanley Kho Walandouw

With the Indonesia Stock Exchange (IDX), every company's activity in the capital market will make it easier for investors to see the company's financial performance reflecting the financial condition of each reporting company. The capital market becomes an alternative for investors and shareholders to invest funds into companies that are registered on the Indonesia Stock Exchange (IDX). This study aims to examine the influence the variable Current Ratio, Net Profit Margin and Earning Per Share simultaneously and partially to stock prices. The samples in this research are 13 Food and Beverages companies listed in Indonesia Stock Exchange. Results that company financial performance measured by Current Ratio, Net Profit Margin and Earning Per Share do not have significant effect to stock price. t test concluded that the variable of Current Ratio, Net Profit Margin and Earning Per Share do not have significant effect to stock price in manufacturing company of Food and Beverages sub sector. Keywords: Current Ratio, Net Profit Margin, Earning Per Share, Stock Price.


Owner ◽  
2021 ◽  
Vol 5 (1) ◽  
pp. 119-129
Author(s):  
Januardin Manullang ◽  
Nanda Pratiwi ◽  
Refiensa Yohana Sihombing ◽  
Rifka Aulia Harahap ◽  
Kevin Christian Tampubolon

This study aims to examine the effect of Return on Asset, Net Profit Margin and Current Ratio on Food and Beverage Stock Prices listed on the Indonesia Stock Exchange for the 2014-2018 period. The population in this study were all companies in the Food and Beverage sub-sector listed on the Indonesia Stock Exchange, amounting to 15 companies with a sample of 11 companies with the 2014-2018 period for 5 years and using a sampling technique, namely purposive sampling. The method of analysis used in this research is the Multiple Linear Regression Method. This research uses quantitative research. This type of research is descriptive statistics and the nature of the research is explanatory. The results of this study indicate that partially (t) Return On Asset and Net Profit Margin have no and insignificant effect on Stock Prices, while Current Ratio has a negative effect on Food and Beverage Stock Prices which simultaneously affect Return On Asset, Net Profit Margin, and Current Ratio. to the Food and Beverage Stock Price


Author(s):  
Garin Pratiwi Solihati

Banking companies are increasingly active in stock trading as seen from the increase in the number of banks listed on the IDX. Several previous studies still yielded mixed results, so researchers are interested in conducting research with the title "The Effect of Debt To Equity Ratio (DER), Current Ratio, and Net Profit Margin (NPM) on Stock Prices (Empirical Study: In Banking Companies Listed on the Indonesia Stock Exchange in 2017–2019). This study is to determine the effect of Debt to Equity Ratio (DER), Current Ratio (CR) and Net Profit Margin (NPM) on stock prices. The object of this research is banking companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2019 period. The sampling method used was purposive sampling. The data used in this research is secondary data. Data analysis was performed using descriptive statistical analysis tests, classical assumption tests, model suitability tests and hypothesis testing. The results of this study are expected to show that there is a significant influence between Debt to Equity Ratio (DER), Current Ratio (CR) and Net Profit Margin (NPM) on stock prices. The target output of this research is in the form of international journal publications KEYWORD: Debt to Equity Ratio, Current Ratio, Net Profit Margin, Stock Price


Author(s):  
Bustani Bustani ◽  
Kurniaty Kurniaty ◽  
Rahmi Widyanti

Fundamental analysis of companies with financial ratios is essential in making investment decisions for any company. Therefore, to obtain maximum profit, investors need to perform a study before making investment decisions. This research aims to examine the effect of Earning Per Share (EPS), Price to Book Value (PBV), Dividend Payout Ratio (DPR), and Net Profit Margin (NPM) on the stock price. The research at the Indonesia Stock Exchange, a sub-sector of food and beverage companies, period five years (2014-2018). The sample of this study amounted to 12 companies from 26 companies in the population of food and beverage companies that have met the researchers' criteria. Data analysis with bootstrapping used SEM (statistical equation modeling) in hypothesis testing. The research findings confirmed the significant effect of Earning per Share, Price to Book Value, and Dividend Payout Ratio on stock prices. Meanwhile, the Net Profit Margin does not significantly affect stock prices in the study period, with an alpha significance of five percent. These findings imply practical implications that EPS, PBV, DPR, and NPM ratio information can be considered in investment decisions for anyone.


2021 ◽  
Vol 5 (2) ◽  
pp. 996-1006
Author(s):  
David Kelvincent ◽  
Vargo Christian L. Tobing

This research was conducted to determine the effect of profitability, solvency and liquidity ratios on the stock price of IDX30 companies on the Indonesia Stock Exchange. The population in this study were 30 companies listed on the IDX30 index on the Indonesia Stock Exchange. The sampling technique used was purposive sampling and the sample in this study was 15 companies. The data used in this study is secondary data in the form of financial statements. The data is obtained from the Indonesia Stock Exchange website. The results of the t-test showed that the profitability ratio (Net Profit Margin) partially had no significant effect on stock prices, the solvency ratio (Debt Equity to Ratio) partially had no effect on stock prices and the liquidity ratio (Current Ratio) partially had no effect on prices. share. The results of the f test show that profitability (Net Profit Margin), solvency (Debt Equity to Ratio) and liquidity (Current Ratio) simultaneously have no effect on stock prices. In the results of the coefficient of determination, the percentage of the independent variable on the dependent variable is 7.1% and the difference is 92.9% influenced by other factors not examined in this study.


Author(s):  
Sudirman S ◽  
Muhammad Wahyuddin Abdullah ◽  
Muhammad Obie

This study examined the effect of current ratio and debt to asset ratio on net profit margin and stock prices of the sector basic industry and chemicals companies listed on the Indonesia Stock Exchange in the period 2015-2019. The object of research was the stock prices of companies in the Basic Industry and Chemicals sector, which have been published through the official website of the Indonesian capital market. It was used secondary data derived from the monthly statistics, including Current Ratio data, Net Profit Margin, Debt to Asset Ratio, and data on closing prices for the period 2015-2019. In analyzing data, it was used path analysis of secondary data obtained from the basic industry sector financial statements of 60 companies. The company's performance in this sector is considered quite good when seen from the movement of the index value in the last five years. The results show that direct current ratio had a positive and significant effect on the net profit margin, and the debt to equity ratio did not significantly influence the net profit margin. The current ratio has a positive and significant effect on stock prices, and the debt to equity ratio has a negative and not significant effect on stock prices. In contrast, the net profit margin has a significant effect on stock prices in the basic industry sector companies on the Indonesia Stock Exchange. Indirectly the current ratio has a positive and significant effect on stock prices. In contrast, the debt to asset ratio has a negative and not significant effect on the company's stock prices in the basic industry sector on the Indonesia Stock Exchange.


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