scholarly journals THE EFFECT OF PROFITABILITY RATIO, SOLVABILITY RATIO, MARKET RATIO ON STOCK RETURN

2017 ◽  
Vol 15 (1) ◽  
pp. 73
Author(s):  
Febria Nalurita

This research performed in order to test influence of fundamental factor (ROA, DER and PER) on stock return both simultaneously and partially, on Property, Real Estate and Construction companies that listed in Indonesia Stock Exchange for period 2010-2014.<br />Secondary data is used and collected based on time series and cross section from 2010 up to 2014. The total study sample was 38 Property, Real Estate and Construction companies that is determined through purposive sampling. The research uses panel data regression model and processed with the EVIEWS 9 program. Hausman test used in this study shows Random Effect Model (REM) as data estimation technique.<br />The result of this research, the partial inferred Debt to Equity Ratio (DER)have significant effect on stock return. Return on Asset (ROA) and Price Earning Ratio (PER) don’t have significance effect on stock return. Result of this research indicate that fundamental factor performance Debt to Equity Ratio (DER) used by investor to predict stock return of Property, Real Estate and Construction companies that listed in Indonesia Stock Exchange at period 2010-2014.<br />Simultaneously the fundamental factors Return on Assets (ROA), Debt to Equity Ratio (DER) and Price Earning Ratio (PER) significantly effect the stock return on the Property, Real Estate and Construction companies.<br />The sample in this study only Property, Real Estate and Construction companies that only has a specification in the type of business sample firms, then the influence of the independent variables only describe the affect specifically on the Property, Real Estate and Construction sectors.

2017 ◽  
Vol 11 (1) ◽  
Author(s):  
Arry Widodo ◽  
Renda Puspita Dewi

This study also aimed to determine the effect of Current Ratio (CR), Debt to Equity Ratio (DER), and Earning per Share (EPS) to the Price Stock either partially or simultaneously. Secondary data collected based on time series and cross section from the 2008-2012 from 26 companies Costumer Goods sector. By using panel data regression analysis techniques and the Chow test and Hausman test shows that the model used in the estimation of the data is the Random Effect Model. The results showed that the independent variables, EPS significant effect on stock prices. While CR and partially DER no significant effect on stock prices. Simultaneously, CR, DER, and EPS significant effect on stock prices. Keywords: Current Ratio, Debt to Equity Ratio, Earnings per Share, Price Stock


2019 ◽  
Vol 4 (3) ◽  
pp. 399
Author(s):  
Afriyeni Afriyeni ◽  
Kartika Deas

<em>The purpose of this research is to test the influence of Profitability variable by using Return On Asset (ROA), Leverage by using Debt to Equity Ratio (DER), and Growth variable by using Asset Growth (AG), to the Dividend Payout Ratio (DPR) on companies Property, Real Estate, and Building Construction are listed in Indonesian Stock Exchange in 2013-2017 periods. In this research, the data used was obtained from the official IDX website</em>. <em>This research was included in explanatory research using a quantitative approach. The data analysis method used is regression analysis in panel data with the help of application E-Views 8. Panel data regression can be estimated using three models, namely Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM). From the result of the estimation model, it is found that REM is the best model in this study. The result showed that the profitability has a positive and significant effect on Dividend Payout Ratio, Leverage has a positive and significant effect on Dividend Payout Ratio, while Growth has a negative and hasn’t significant effect on Dividend Payout Ratio</em><div><em><br /></em></div><div><em>Tujuan dari penelitian ini adalah untuk menguji pengaruh variabel Profitabilitas dengan menggunakan <em>Return On Asset</em> (ROA), <em>Leverage</em> dengan menggunakan <em>Debt to Equity Ratio</em> (DER), dan variabel <em>Growth</em> dengan menggunakan <em>Asset Growth</em> (AG), terhadap Kebijakan Deviden dengan menggunakan <em>Dividend Payout Ratio</em> (DPR) pada  perusahaan <em>Property, Real Estate, and Building Contruction</em> terdaftar di Bursa Efek Indonesia pada periode 2013-2017. Dalam penelitian ini data yang digunakan diperoleh dari situs web resmi BEI. Penelitian ini termasuk dalam penelitian penjelasan dengan menggunakan pendekatan kuantitatif. Metode analisis data yang digunakan adalah analisis regresi data panel dengan bantuan aplikasi E-Views 8. Data panel regresi dapat diperkirakan menggunakan tiga model, yaitu <em>Common Effect Model</em> (CEM), <em>Fixed Effect Model</em> (FEM), dan <em>Random Effect Model</em> ( REM). Dari hasil model estimasi, ditemukan bahwa REM adalah model terbaik dalam penelitian ini. Hasil penelitian menunjukkan bahwa profitabilitas berpengaruh positif dan signifikan terhadap Kebijakan Deviden, <em>leverage</em> berpengaruh positif dan signifikan terhadap<em> </em>Kebijakan Deviden, sedangkan pertumbuhan berpengaruh negatif dan tidak signifikan terhadap Kebijakan Deviden</em></div>


2020 ◽  
Vol 1 (2) ◽  
pp. 103-114
Author(s):  
Fakhri Rana Sausan ◽  
Lardin Korawijayanti ◽  
Arum Febriyanti Ciptaningtias

This research aims to analyze the effect of Return On Asset (ROA), Debt to Equity Ratio (DER), Earning Per Share (EPS), Total Asset Turnover (TATO) and Exchange Rate on Stock Return of Property and Real Estate Companies at Indonesia Stock Exchange period 2012-2017. The sample of this research is consists of 21 property and real estate companies with 6 years period so a total of sample is 126 samples. Sources data is secondary data. The data analysis method in this research is used Multiple Linear Regression. The result shows that Debt to Equity Ratio (DER), Total Asset Turnover (TATO) and Exchange rate of Rupiah/US Dollar partially has got a significant effect on stock return while Return On Asset (ROA) and Earning Per Share (EPS) partially has got an insignificant effect on stock return, its mean Return On Asset (ROA) and Earning Per Share (EPS) can’t be determinant of stock return to investors who want to invest in the capital market.


2018 ◽  
Vol 3 (1) ◽  
pp. 59-66
Author(s):  
Muhammad Richo Rianto

The research aims to analyze the effect of  Return On Equity (ROE ), Return On Asset (ROA), Net Income (NI) and Debt to Equity  (DER) on partially and simultaneously to Return Investment (RI) in property companies. Data were collected from secondary data in the financial documentation of Indonesian Capital Market  Directory ( ICMD ) and also can download in the official website of the Indonesian Stock Exchange www. IDX.co.id. Data analysis was using Eviews version  7.1. The results show that: ROE, ROA, NI, and DER simultaneously significant effect on the property company’s stock return, but partially only ROE and DER variable that significantly effects on stock return. Keywords: Return on Equity, Return on Asset, Net Income, Debt to Equity, Return Investment


2018 ◽  
Vol 2 (1) ◽  
pp. 96-121
Author(s):  
Iwan Wirawardhana ◽  
Meco Sitardja

The aim of this study is to analyse the effect of Blockholder Ownership, Managerial Ownership,Institutional Ownership, and Audit Committee towards Firm Value. The background of this research isthe agency theory and ownership theory. The population in this study are 46 property companies listedon the Indonesia Stock Exchange (IDX) for the period 2012-2016. By using purposive samplingtechnique, 35 companies are qualified as data samples. This research uses the random effect model asthe estimation model and multiple regression as the method of analysis. The results of this study showsthat Institutional Ownership has a positive effect on Firm Value. Meanwhile, Blockholder Ownership,Managerial Ownership, and Audit Committee have no effect on Firm Value. Moreover, the F-testimplies that the variables, blockholder ownership, managerial ownership, institutional ownership, andaudit committee, simultaneously influence firm value.


2020 ◽  
Vol 2 (3) ◽  
Author(s):  
Yurlis Sartika ◽  
Syamsul Amar

Abstract : This study aims to analyze the factors that influence the demand for fuel oil in Indonesia. The independent variables of this study are: (X1) Economy, (X2) Total Population. The model chosen in this study is the Random Effect Model (REM).            This type of research is descriptive and associative research, the data used in this study are secondary data using panel data techniques during the 2015-2018 period. Documentation data collection techniques obtained from the Central Statistics Agency and BPH Migas. Data were analyzed using the Regression Panel.   The results of this study indicate that: (1) The economy has a positive and significant effect on demand for fuel oil in Indonesia. This means that as the economy increases, the demand for fuel oil in Indonesia also increases. Indonesia's energy consumption is dominated by fossil energy, especially fuel. Final energy consumption consists of various sectors, namely households, industry, transportation, commercial, and others. Energy is very much needed in carrying out Indonesia's economic activities, both for consumption needs and for the production activities of various economic sectors. (2) The population has a positive and significant effect on the demand for fuel oil in Indonesia. This means that the greater the population, the higher the demand for fuel oil in Indonesia. From year to year the population of Indonesia as one of the developing countries in the world continues to experience growth. This growth has had various impacts on aspects of human life. One aspect that is quite affected by the increase in population is the use of energy to support the necessities of life which includes the industrial sector, households, transportation and so forth. The greater the population, the greater the energy used. Keywords : Economy, Population and Panel Regression


2019 ◽  
Vol 2 (2) ◽  
pp. 193-211
Author(s):  
Fiky Nila Mustika ◽  
Eni Setyowati ◽  
Azhar Alam

This study investigated the impact of ZIS (Zakat, Infaq, and Sadaqah) Gross Regional Domestic Products, Regional Minimum Wages, and Inflation on Poverty Levels in Indonesia during the 2012-2016 period. .This paper used secondary data in the panel data form. This research conducted a quantitative approach using panel data regression. Based on the results of the panel data testing, the best model chosen is the Random Effect Model (REM). Variables of gross regional domestic products and regional minimum wages have a significant effect on poverty levels in Indonesia while the variables of zakat, infaq, and shadaqah (ZIS) and inflation do not influence the level of poverty in Indonesia.


2020 ◽  
Vol 8 (2) ◽  
pp. 143
Author(s):  
Nana Umdiana ◽  
Dyah Lupita Sari

This study aims to analyze funding decisions on capital structure through trade off theory in property and real estate companies listed on the Indonesia Stock Exchange for the period 2015-2018. Profitability is measured using the return on equity ratio, asset structure is measured by fixed assets ratio and funding decisions are measured by debt. to equity ratio. The population of this research is property and real estate companies listed on the Indonesia Stock Exchange for the period 2015-2018. The data analyzed is secondary data in financial reports or annual reports. The sample selection used purposive sampling method and the sample obtained in this study were 40 data from 10 companies. In this research, the analytical method used is descriptive statistics, classical assumption test, multiple regression analysis and statistical test. The results of the analysis in this study indicate that there is no effect of profitability on funding decisions, there is an effect of asset structure on funding decisions. This shows that the asset structure influences the company's decision making in funding.


2020 ◽  
Vol 17 (2) ◽  
pp. 152
Author(s):  
Ida Nuraini ◽  
Rahmad Hidayat ◽  
Setyo Wahyu Sulistyono

This study aims to calculate the strength of interaction between regions and determine the variables determining the level of interaction between regions. This research was conducted in the area of East Java province with the object of 39 regencies and cities using the variable mileage, educational facilities, and health facilities. The data used are secondary data sourced from the Central Statistics Agency of East Java, meanwhile the analytical tool used is gravity analysis and regression analysis, with the regression model used is panel data regression, the Random Effect model. The results showed that the areas in the interaction category were weak, namely the southern part of East Java, the western part and the eastern part while those in the interaction category were in the middle eastern part of Java. Category of regions with strong interaction are Gerbang kertosusila and surrounding areas. From the random effect model regression analysis it is known that the distance, education and health facilities variables together influence 95% of the level of interaction between regions and the most dominant variable is the distance between regions which has a regression coefficient of -62480222. Health facility variable has a significant positive effect while education facility variable has no effect on interactions between regions. Therefore, in order for equitable development to be realized immediately, the distance between regions must be shortened by improving the quality of roads, construction of new roads and toll roads, especially in the southern, eastern and eastern parts of Java.


2016 ◽  
Vol 4 (2) ◽  
Author(s):  
Dewi Kusuma Wardani ◽  
Devita Fajar Tri Andarini

This research is motivated by the results of researches differences which have been done by other researchers. Moreover, it is also because construction companies in the sector of Real Estate and Property which develops a lots. The developing influences the stock prices in the sector of Real Estate and Property in Indonesia. This study aimed to examine the effect of the fundamental conditions, inflation, and SBI interest rates on the stock prices. This research is done in Pojok Bursa Efek Indonesia. the fundamental factors which are used in this research is Current Ratio, Return on Asset, Debt Equity Ratio, and Total Asset Turn Over. The data which are used are the secondary data which are taken from IDX with 180 populations, and 132 data are treated. The sampling method in this research is purposive sampling. The data technique analysis in this research uses multiple linear regression techniques. The regression test results show that the influence of fundamentals, inflation, and SBI interest rates partially positive effect on stock prices. The third influence of independent variable on the dependent variable is just 10.5%. It is necessary for the addition of variables in future researches. Keyword: fundamental conditions, inflation, SBI interest rates, and stock prices


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