scholarly journals Pengaruh profitabilitas dan leverage terhadap return saham pada perusahaan manufaktur sektor food and beverages yang terdaftar di Bursa Efek Indonesia

2018 ◽  
Vol 7 (2) ◽  
Author(s):  
Rosyeni Rasyid ◽  
Gita Sri Mulyani ◽  
Yolandafitri Zulvia

This research was conducted in order to analyze the effect of profitability as measured by ROA and Leverage as measured by DER to Return of Stock Company of Food and Beverages Manufacturing sector listed in Indonesia Stock Exchange for period 2012-2016. The population in this study are food and beverages companies listed on the Indonesia Stock Exchange in 2012-2016. The sample in this research is determined by purposive sumpling based on criteria as (1) manufacturing company of food and beverages sub sector listed in Indonesian Stock Exchange from 2012 until 2016 (2) Company that publishes complete financial report during observation period from 2012 until by 2016. (3) Companies with data leverage (DER), and profitability ratios (ROA) complete and have been processed. The sample in this research is 49. The results of this study show (1) Return On Assets (ROA) have a positive and significant effect on stock returns. (2) Debt To Equty Ratio (DER) has a negative and insignificant effect on stock returns on food and beverages companies listed in Indonesia Stock Exchange 2012-2016Keywords: Return on asset (ROA); debt to equity ratio (DER);return saham

2017 ◽  
Vol 2 (1) ◽  
pp. 73
Author(s):  
Mohamad Zulman Hakim

This study aims to prove empirically the factors that affect the Timeliness of Financial Reporting. These factors are Return on Assets (ROA), Debt to Equity Ratio (DER), Company Size and Auditor Opinion as Independent Variables and Timeliness of Financial Statements as Dependent Variables.The population of this study is the Manufacturing Industry listed on the Indonesia Stock Exchange period 2012-2014. The sample was determined by purposive sampling method and 66 companies were obtained. The data used are obtained from the published company financial report. The method of analysis used is logistic regression at 5% significance level.Empirical study shows that ROA has significant effect on Timeliness of Financial Reporting. DER, Company Size and Auditor Opinion have no significant effect on Timeliness of Financial Reporting. Keywords:    ROA, DER, Company Size, Auditor Opinion, Timeliness of Financial Reporting


2020 ◽  
Vol 5 (1) ◽  
pp. 57
Author(s):  
Yunan Surono ◽  
Andrian Hadinata

The purpose of the research is to analyze the Influence of Cash Ratio, Debt To Equity Ratio and Return On Assets to Stock Return With Exchange Rate as Moderating Variables In Plantation Companies Listed In Indonesia Stock Exchange. This research uses descriptive analysis and statistical analysis methods. data that uses secondary data. This study focuses on the influence of 3 independent variables on the dependent variable by adding moderation variables to determine whether the moderating variable can affect the relationship between the independent variables on the dependent variable. Hypothesis testing in this study uses the F test and t test, with a brief significance level (a) 5%. This data analysis uses SPSS 20 data processing software for Windows. The population of this study is companies engaged in the plantation sector in the Indonesia Stock Exchange period 2014 - 2018, with a purposive sampling technique, obtained 6 companies that have fullfill criteria in this research. The results of this study partially Cash Ratio, Debt to Equity Ratio, and Return On Assets have a significant effect on stock returns, partially Debt to Equity Ratio and Return On Assets have a significant positive effect on stock returns, while Cash Ratio has no significant effect on stock returns. and the value is not able to affect the relationship between independent variable and dependent variable.


2018 ◽  
Vol 2 (1) ◽  
pp. 12-24
Author(s):  
Julyana Widjayanti ◽  
Risal Rinofah ◽  
Mujino Mujino

This study aims to determinethe effect of Debt to Equity Ratio, Return On Assets, Price Earning Ratio, and Economic Value Added on Stock Returns on Property and Real Estate companies listed on the Indonesia Stock Exchange (BEI) for the 2014-2018 period. The sampling technique is purposive sampling. Samples were obtained from 11 Property and Real Estate companies listed on the Indonesia Stock Exchange (IDX) for the 2014-2018 period. Based on the results of data analysis shows that Debt to Equity Ratio and Return On Assets have a positive and significant effect on Stock Return, Price Earning Ratio and Economic Value Added have a negative and no significant effect on Stock Return. Together Debt to Equity Ratio, Return On Assets, Price Earning Ratio, and Economic Value Added have a positive and significant effect on Stock Return.    


AKUNTABILITAS ◽  
2019 ◽  
Vol 12 (2) ◽  
pp. 161-180
Author(s):  
Tutia Rahmi ◽  
Tertiarto Wahyudi ◽  
Rochmawati Daud

The purpose of this research is to explain the effect of financial performance to the stock return. The financial performances in this research were Earning Per Share, Price Earning Ratio, Debt to Equity Ratio, Return On Assets, andNet Profit Margin. The financial performance as the independent variables and the dependent variabel is stock return.The sample of this research is thirty manufacturing company of consumer goods industry sector. These companies are listed on the Indonesia Stock Exchange since 2012 until 2014. The sampling method is purposive sampling. The analysis method used in this research that is with hypothesis test that is determinant coefficient, test F, and test t. Using thirty manufacturing companies listed in IDX, this research shows that the Earning Per Share, Price Earning Ratio and the Net Profit Margin has a positive and significant impact on stock returns. Instead, the variable Debt to Equity Ratio has a negative influence. This research also indicate that variable Return On Assets has no effect on stock returns.


2018 ◽  
Vol 6 (1) ◽  
pp. 063-076
Author(s):  
Ningsih Hikmawati ◽  
Adi Wiratno ◽  
Suyanto . ◽  
Darmansyah .

This study is aimed to ascertain and analyse the influence of return on assets, return on equity, debt to equit ratio, inflation, and interest rate, both partiall and simultaneously on the stock returns in manufacturing companies of secondary sectors listed in the Indonesian Stock Exchange. This research uses quantitative methods and EVIEWS panel 8 to analyse the regression. The population are manufacturing companies of secondary sector listed in the Indonesian Stock Exchange consisted of basic and chemical sectors, miscellaneous industry, and consumer goods sector in the period of 2010-2015. The sampling method used is pusposive sampling with the final number of 40 companies. The research required secondary data. The results show that return on assets has no negative effect on stock return, mean while, return on equity and interest rate have positive effect on stock return. Return on assets, return on equity, debt to equity ratio, inflation and interest rate all simultaneously have effect on stock returns.


Author(s):  
Srifatmawati Ahmad

AbstrakThe purpose of this study was to analyze the effect of firm size using Debt to Equity Ratio, Return on Assets, and Earning per Share on the level of initial stock underpricing on the Indonesia Stock Exchange.The population in this study were companies that carried out IPOs in 2012 - 2013. Samples were selected using purposive sampling technique, and the sample are 13 companies. Data collection is done by taking company financial report data from the Indonesian Capital Market Directory (ICMD) book and downloading the official website of the Indonesia Stock Exchange. The analytical method used is multiple linear regression analysis with SPSS version 23.0.The results showed that the Company Size had a negative and insignificant effect on the initial stock undepricing level on the Indonesia Stock Exchange. Debt to Equity Ratio has a negative and significant effect on the level of initial stock underpricing on the Indonesia Stock Exchange. Return on Assets has a negative and significant effect on the level of initial stock underpricing on the Indonesia Stock Exchange. Earning per Share has a positive and insignificant effect on the level of initial stock underpricing on the Indonesia Stock Exchange. Keywords: Company Size, Debt to Equity Ratio, Return on Assets, Earning per Share and Underpricing.


2018 ◽  
pp. 22-34
Author(s):  
Eka Setiajatnika ◽  
Kandis Iriani

Abstract. The average development of Dividend Payout Ratio in several Manufacturing Sector Companies in Indonesia Stock Exchange period 2012-2016 shows fluctuation. There are several factors related to dividend payout policy such as profit rate, asset expansion rate, and funding requirement. This research uses financial report of 6 (six) manufacturing companies listed in Indonesia Stock Exchange in period 2012-2016 by using comparative descriptive method with quantitative approach and using panel data. The results showed that the Return On Asset and Debt to Equity Ratio partially affect the Dividend Payout Ratio while Asset Growth does not partially affect the Dividend Payout Ratio in the manufacturing sector companies listed on the Indonesia Stock Exchange period 2012-2016. And Return On Asset, Asset Growth, and Debt to Equity Ratio effect simultaneously to Dividend Payout Ratio at manufacturing sector companies listed on Indonesia Stock Exchange period 2012-2016. Keywords: Dividend Payout Ratio, Return on Asset, Asset Growth, Debt to Equity Ratio Abstrak. Perkembangan rata-rata Dividend Payout Ratio pada beberapa Perusahaan Sektor Manufaktur di Bursa Efek Indonesia periode 2012-2016 menunjukan flukuatif. Terdapat beberapa faktor yang berkaitan dengan kebijakan pembayaran dividen diantaranya tingkat laba, tingkat ekspansi aktiva, dan kebutuhan dana perusahaan. Penelitian ini menggunakan data laporan keuangan 6 (enam) perusahaan sektor manufaktur yang terdaftar di Bursa Efek Indonesia pada periode 2012-2016 dengan menggunakan metode deskriptif komparatif dengan pendekatan kuantitatif dan menggunakan data panel. Hasil penelitian menunjukkan bahwa Return On Asset dan Debt to Equity Ratio berpengaruh secara parsial terhadap Dividend Payout Ratio sedangkan Asset Growth tidak berpengaruh secara parsial terhadap Dividend Payout Ratio pada perusahaan sektor manufaktur yang terdaftar di Bursa Efek Indonesia periode 2012-2016. Dan Return On Asset, Asset Growth, dan Debt to Equity Ratio berpengaruh secara simultan terhadap Dividend Payout Ratio pada perusahaan sektor manufaktur yang terdaftar di Bursa Efek Indonesia periode 2012-2016. Kata Kunci: Dividend Payout Ratio, Return on Asset, Asset Growth, Debt to Equity Ratio


2021 ◽  
Vol 5 (6) ◽  
pp. 573
Author(s):  
Dora Gunawan ◽  
Indra Widjaja

The purpose of this study was to determine the effect of Return on Assets (ROA), Return on Equity (ROE), Debt Equity Ratio (DER), and Price Earnings Ratio (PER) on stock returns of consumer goods companies. The data in this study were taken from 10 consumer goods companies listed on the Indonesia Stock Exchange. The research period is 4 years, namely 2017 until the second quarter of 2020. The method used in this study is to compare the elements in the financial statements. In this study, the method used to analyze the data is multiple linear regression and hypothesis testing between the dependent variable and the independent variable. ROA, ROE, DER, and PER are independent variables, and stock returns are the dependent variable. Based on hypothesis testing, it can be concluded that ROA and DER have a significant positive effect on stock returns. ROE has a significant negative effect on stock returns. And PER has no significant effect on stock returns. While collectively all variables have a significant effect on stock returns. By knowing financial performance as an indicator for investors before investing in the capital market, fundamental analysis is still an effective tool for investors in selecting stocks. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh Return on Assets (ROA), Return on Equity (ROE), Debt Equity Ratio (DER), dan Price Earnings Ratio (PER) terhadap return saham perusahaan barang konsumsi. Data dalam penelitian ini diambil dari 10 perusahaan consumer goods yang terdaftar di Bursa Efek Indonesia. Periode penelitian selama 4 tahun yaitu tahun 2017 sampai dengan triwulan II tahun 2020. Metode yang digunakan dalam penelitian ini adalah membandingkan unsur-unsur pada laporan keuangan. Dalam penelitian ini metode yang digunakan untuk menganalisis data yaitu regresi linier berganda dan pengujian hipotesis antara variabel dependen dan variabel independen. ROA, ROE, DER dan PER adalah variabel independen, dan return saham sebagai variabel dependen. Berdasarkan pengujian hipotesis, diperoleh hasil yang dapat disimpulkan bahwa ROA dan DER berpengaruh signifikan positif terhadap return saham. ROE berpengaruh signifikan negatif terhadap return saham. Dan PER tidak berpengaruh signifikan terhadap return saham. Sedangkan secara bersama-sama semua variabel berpengaruh signifikan terhadap return saham. Dengan mengetahui kinerja keuangan sebagai indikator bagi investor sebelum berinvestasi di pasar modal, maka analisis fundamental masih menjadi salah satu alat yang efektif bagi investor dalam memilih saham.


2019 ◽  
Author(s):  
Tan Kim Hek

This study aims to examine the effect of Liquidity, Debt to Equity and Ratio Return On Assets on stock prices on banking companies listed on the Indonesia Stock Exchange for the period 2012-2016 both partially and simultaneously.The data in this study are secondary data obtained from the Indonesia Stock Exchange website. While the research data sources are: Financial Report of Banking Companies downloaded from the Indonesia Stock Exchange website in 2014 to 2016. The number of samples used is 24 companies taken from a population of 41 companies with year observation figures of 3 years so that the number of observations in this study is as much as 72 observations. The analytical method used in this study is using multiple regression analysis, partial test, simultaneous test and determination test, where the classical assumption has been previously performed.The results showed that the Return On Asset partially affects the stock price as evidenced by a significant value less than 0.05, while Current Ratio and Debt to Equity Ratio have no effect. Simultaneously Current Ratio, Debt to Equity Ratio and Return On Asset affect the stock price in Banking companies listed on the Indonesia Stock Exchange as evidenced by a significant value less than 0.05.Conclusions from the results of this study indicate that partially Return On Asset affects the stock price, while Debt to Equity Ratio and Current Ratio have no effect. Simultaneously Current Ratio, Debt to Equity Ratio and Return On Asset affect the stock price in Banking companies listed on the Indonesia Stock Exchange..Keywords: Current Ratio, Debt To Equity Ratio, Return On Assets and Share Prices


2020 ◽  
Vol 5 (2) ◽  
pp. 247-270
Author(s):  
Kusnadi Kusnadi

This study aims to analyze the influence of corporate fundamental factors such as ROA (Return on Assets), ROE (Return On Equity), EPS (Earning per Share), NPM (Net Profit Margin), DER (Dept to Equity Ratio) and CR (Current Ratio) of financial sector stock returns listed in the Daftar Efek Syariah (DES). The sample of this study were determined using the saturated sampling method in which all populations were sampled. The research sample consisted of 5 companies with an observation period of 2015-2017 to obtain 15 observational data. Data analysis used multiple linear regression analysis. The results showed that ROA, ROE, EPS, NPM, DER and CR together had a positive and significant effect on stock returns. While partially ROA, ROE, NPM, and CR have no significant effect on stock returns. Only EPS and DER have a positive and significant effect on stock returns. While the most dominant variable influencing stock returns is DER. The theoretical implication of this research was that investors need to consider EPS and DER by looking at the ups and downs of the ratio. Practically, in determining investor stock returns, do not only pay attention to the company's internal factors, but must pay attention to the company's external factors.  Keywords: Fundamental Factors, ROA, ROE, EPS, NPM, DER, CR, Stock Return.


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