scholarly journals Faktor-Faktor yang Mempengaruhi Stock Price Pada Perusahaan Manufaktur di Bursa Efek Indonesia

2019 ◽  
Vol 19 (1) ◽  
pp. 1
Author(s):  
Silvia Maryana Wijaya ◽  
Henny Setyo Lestari
Keyword(s):  
Stock Price ◽  
Total Asset ◽  
Manufacturing Companies ◽  
Dividend Yield ◽  
Dividend Payout ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Turnover Ratio ◽  
Asset Turnover ◽  
Equity Ratio

<p><strong>Abstra</strong><strong>k</strong></p><p><strong>Tujuan</strong>– Penelitian ini bertujuan untuk menganalisis faktor-faktor penentu harga saham pada perusahaan manufaktur di Bursa Efek Indonesia untuk periode 2013-2017</p><p><strong>Desain</strong><strong>/Met</strong><strong>odologi</strong><strong>/</strong><strong>Pendekatan - </strong>Jumlah sampel yang diambil dalam penelitian ini ada 33 perusahaan dengan teknik pengambilan sampel yang digunakan adalah purposive sampling. Variabel dependen dalam penelitian ini adalah harga saham. Variabel independen adalah laba atas ekuitas, dividen per saham, laba per saham, rasio pembayaran dividen, rasio ekuitas utang, rasio total perputaran aset dan hasil dividen.</p><p><strong>Hasil </strong>– Hasil penelitian ini menunjukkan bahwa dividen per saham memiliki pengaruh positif signifikan terhadap harga saham. Rasio ekuitas hutang, rasio total perputaran aset dan hasil dividen memiliki pengaruh negatif yang signifikan terhadap harga saham. Pengembalian ekuitas, laba per saham, dan rasio pembayaran dividen tidak berpengaruh pada harga saham. <strong><em> </em></strong></p><p><strong><em> </em></strong></p><p><strong><em>Abstract</em></strong><strong></strong></p><p><strong><em>Purpose </em></strong><em>–</em><em>This study aimed to analyze of determinants of stock price on manufacturing companies in Indonesia Stock Exchange for the period of 2013-2017</em><em></em></p><p><strong><em>Des</em></strong><strong><em>ign</em></strong><strong><em>/Met</em></strong><strong><em>hodology</em></strong><strong><em>/</em></strong><strong><em>Approach: </em></strong><em>The number of samples taken in this study there are 33 companies with sampling technique used was purposive sampling. Dependent variable in this research is stock price. The independent variables are return on equity, dividend per share, earning per share, dividend payout ratio, debt equity ratio, total asset turnover ratio and dividend yield.</em></p><p><strong><em>Finding –</em></strong><em>The results of this research indicate that the dividend per share has a significant positive effect on stock price. Debt equity ratio, total asset turnover ratio and dividend yield have significant negative effect on stock price. Return on equity, earning per share, and dividend payout ratio doesn<strong>’</strong>t have effect on stock price.</em></p>

PENGARUH RETURN ON EQUITY (ROE), DEBT TO EQUITY RATIO (DER) DAN TOTAL ASSET TURNOVER (TATO) TERDAHAP RETURN SAHAM PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Siska Audina Bambang Siswanto
Keyword(s):  
Stock Returns ◽  
Secondary Data ◽  
Sampling Technique ◽  
Total Asset ◽  
Coefficient Of Determination ◽  
Manufacturing Companies ◽  
Return On Equity ◽  
Insignificant Effect ◽  
Asset Turnover ◽  
Equity Ratio

This study was conducted to examine the effect of Return on Equity, Debt to Equity Ratio and Total Asset Turnover on stock returns in manufacturing companies listed on the IDX for the 2014-2018 period. The population in this study were 143 manufacturing companies for the 2014-2018 period. The sampling method used was purposive sampling technique and the selected sample met the criteria of 40 companies so that the data used was 200. This study used secondary data and the analysis method used was the classical assumption test, multiple linear regression, t test, f test and coefficient of determination. . Based on the results of data analysis, it can be concluded that the ROE variable has a positive and significant effect on stock returns, the DER variable has a positive and insignificant effect on stock returns, the TATO variable has a positive and insignificant effect on stock returns. There is a significant influence of the ROE, DER and TATO variables simultaneously on Stock Return.

scholarly journals KINERJA KEUANGAN DAN PERTUMBUHAN LABA ( Studi Empiris : Perusahaan Sub Sektor Properti dan Real Estate yang terdaftar di Bursa Efek Indonesia tahun 2012-2016 )

2019 ◽  
Vol 3 (01) ◽  
Author(s):  
Nor Hanisah ◽  
Kartika Hendra Titisari ◽  
Siti Nurlaela
Keyword(s):  
Real Estate ◽  
Profit Margin ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Net Profit ◽  
Asset Turnover ◽  
Equity Ratio

Penelitian ini bertujuan untuk mengetahui apakah ada pengaruh variabel independen (CR, DER, DAR, NPM, ROE, ROA, TAT) terhadap variabel dependen (pertumbuhan laba). Jenis penelitian ini adalah penelitian kuantitatif. Penelitian dilakukan pada perusahaan property dan real estate yang terdaftar di BEI dengan jumlah sampel 23 perusahaan dan jangka waktu 5 tahun yaitu pada tahun 2012-2016. Metode pengambilan sampel yaitu menggunakan metode purposive sampling. Metode analisis data yang digunakan dalam penelitian yaitu meliputi statistik deskriptif, uji asumsi klasik (uji normalitas, uji autokorelasi, uji multikolinearitas, dan uji heteroskedasitas), uji hipotesis (analisis regresi linier berganda, uji t, dan analisis koefisien determinasi (R2)). Berdasarkan hasil pengujian secara parsial debt to asset ratio (DAR), net profit margin (NPM), return on equity (ROE), dan total asset turnover (TAT) berpengaruh terhadap pertumbuhan laba perusahaan sedangkan current ratio (CR), debt to equity ratio (DER), dan return on asset (ROA) tidak berpengaruh terhadap pertumbuhan laba perusahaan. Kata Kunci : Likuiditas, Leverage, Profitabilitas, Aktivitas, dan Pertumbuhan Laba.

scholarly journals KINERJA KEUANGAN DAN HARGA SAHAM

2018 ◽  
Vol 1 (2) ◽  
pp. 75
Author(s):  
Siti Atikah ◽  
RR Sapto Hendri BS ◽  
Intan Rakhmawati ◽  
Wirawan Suhaedi ◽  
Baiq Rosyida
Keyword(s):  
Profit Margin ◽  
Total Asset ◽  
Financial Leverage ◽  
Current Ratio ◽  
Return On Equity ◽  
Turnover Ratio ◽  
Net Profit ◽  
Asset Turnover ◽  
Equity Ratio

Salah satu faktor yang menjadi bahan pertimbangan seorang investor atau calon investor saham dalam menentukan harga tawaran beli  maupun tawaran jual adalah kinerja keuangan. Berbagai literatur menyatakan bahwa mahal atau murahnya harga saham ditunjukkan oleh kinerja keuangan. Penelitian ini bertujuan untuk menguji secara empiris arah atau hubungan kinerja keuangan dengan harga saham  pada  perusahaan  sektor  pertanian dan sektor pertambangan pada periode 2013 hingga 2015. Penelitian ini juga mengelompokkan kinerja keuangan berdasarkan harga saham yang kurang dari Rp 500 dan harga saham diatas Rp 500  Hasil analisis menunjukkan bahwa current ratio, debt to equity ratio, net profit margin, return on equity, earning per share, dan price earning rasio perusahaan  sektor  pertanian  memiliki  arah  yang  negatif  terhadap  harga saham, sedangkan arah positif ditunjukkan oleh asset turnover ratio, debt to total asset, financial leverage dan gross profit margin. Hasil yang berbeda terjadi   pada   harga saham   perusahaan   di   sektor   pertambangan.   Aset turnover ratio, debt to total asset, financial leverage, gross profit margin dan price earning ratio perusahaan sektor pertambangan memiliki arah yang negatif terhadap harga saham.

scholarly journals PENGARUH TOTAL ASSET TURNOVER (TATO), PRICE BOOK VALUE (PBV), DEBT TO EQUITY RATIO (DER) DAN RETURN ON EQUITY (ROE) TERHADAP RETURN SAHAM

2021 ◽  
Vol 3 (2) ◽  
pp. 116-127
Author(s):  
Siti Dini ◽  
Yunus Anugerah Hulu ◽  
Meltin Zebua ◽  
Elisno Purba
Keyword(s):  
Total Asset ◽  
Return On Equity ◽  
Book Value ◽  
Purposive Sampling ◽  
Asset Turnover ◽  
Equity Ratio

Tujuan dilakukan penelitian ini guna menunjukkan seberapa besar secara simultan dan parsial TATO, PBV, DER dan ROE memberikan pengaruh terhadap Return saham pada perusahaan restoran, hotel dan pariwisata yang terdaftarkan di Bursa Efek Indonesia tahun 2015-2019. Penelitian ini menggunakan pendekatan kuntitatif dan jenis penelitian statistika deskriptif. Uji statistika menggunakan SPSS 25. Jenis data penelitian menggunakan data sekunder. Metode pengambilan sampelnya menggunakan Purposive Sampling serta total sampel didapatkan 17 perusahaan dan jumlah observasi diperoleh 85 data. Hasil penelitian memperlihatkan TATO,PBV, DER dan ROE tidak memberikan pengaruh serta tidak tidak signifikan secara parsial terhadap Return Saham pada perusahaan restoran, hotel dan pariwisata . Sedangkan secara simultan TATO, PBV, DER dan ROE tidak memberikan pengaruh dan tidak signifikan terhadap Return Saham pada perusahaan restoran, hotel dan pariwisata yang terdaftarkan pada Bursa Efek Indonesia tahun 2015-2019.

scholarly journals LQ45 Share Return Determinants In Indonesia

2020 ◽  
Vol 8 (12) ◽  
pp. 2049-2057
Author(s):  
Rahmawan Darsyah ◽  
Hari Sukarno ◽  
Elok Sri Utami
Keyword(s):  
Total Asset ◽  
Expected Returns ◽  
Dividend Yield ◽  
Return On Assets ◽  
Current Ratio ◽  
Expected Return ◽  
Dividend Payout ◽  
The Future ◽  
Asset Turnover ◽  
Equity Ratio

Return is the result obtained from investment. Returns can be in the form of realized returns that have occurred or expected returns that have not occurred but are expected to occur in the future. Return realization (realized return) is the return that has occurred. Realized return is calculated based on historical data. Return realization is important because it is used as a measure of the company's performance. This return history is also useful as a basis for determining the expected return and risk in the future. Expected return is the return expected by investors in the future. In contrast to realized returns which have already occurred, expected returns have not yet occurred. The performance measurement was also carried out at the LQ45 company. In general, this study aims to synthesize whether the current ratio, equity ratio, dividend payout ratio, dividend yield, earnings per share, price book value, return on assets and total asset turnover are partially determinants of stock return variability. The population in this study were non-banking companies included in the LQ45 according to a circular number: Peng-00028 / BEI.OPP / 01-2018 dated January 25, 2018. Non-bank companies were chosen because the types of products produced were not in the form of services. Hypothesis testing uses multiple linear regression analysis test tools. After analyzing the data, several conclusions can be drawn, namely: only the current ratio, equity ratio, dividend payout ratio, dividend yield, return on assets and total asset turnover partially determine stock returns

scholarly journals Pengaruh Total Debt Equity Ratio (DER) dan Total Asset Turnover (TATO) Terhadap Profitabilitas (ROE) pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek

2020 ◽  
Vol 1 (2) ◽  
pp. 73-82
Author(s):  
Rahmi Ambari ◽  
Andri Indrawan ◽  
Ade Sudarma
Keyword(s):  
Sampling Technique ◽  
T Test ◽  
Total Asset ◽  
Manufacturing Companies ◽  
Return On Equity ◽  
Normality Test ◽  
Total Debt ◽  
Analysis Technique ◽  
Asset Turnover ◽  
Equity Ratio

The purpose of this study is to determine the effect of Total Debt Equity Ratio (DER) and Total Asset Turnover (TATO) on Profitability (ROE) in Manufacturing Companies listed on the IDX. The research method used is quantitative, with associative approaches. The sampling technique used in this study was nonprobability sampling with purposive sampling technique. The data analysis technique used in this study is the normality test and partial test (t test). The results of the partial test (t test) show that the tcount of variables The total debt equity ratio (DER) is 1.660 with a significant level of more than 0.05, which is 0.105 (0.105> 0.05), tcount = 1.660 <table = 2014, then Ho is accepted and Ha is rejected, which means that the Total debt equity ratio does not have a significant effect on profitability (ROE) and tcount of the variable Total asset turnover (TATO) of 3,341 with a significant level of less than 0.05 which is 0.002 (0.002 <0.05). Tcount = 3,341> t table = 2014. The results of this study show that partially only total asset turnover has an effect on profitability (ROE). Keywords : Total Debt Equity Ratio (DER), Total Asset Turnover (TATO), Return on Equity (ROE)

scholarly journals BEBERAPA FAKTOR YANG MEMPENGARUHI PRICE EARNINGS RATIO STUDI PADA PERUSAHAAN-PERUSAHAAN MANUFAKTUR YANG TELAH GO-PUBLIC DI BURSA EFEK INDONESIA

2015 ◽  
pp. 41-55
Author(s):  
Saut Purba
Keyword(s):  
Profit Margin ◽  
Total Asset ◽  
Significant Positive Effect ◽  
Dividend Payout ◽  
Return On Equity ◽  
Net Profit ◽  
Price Earnings Ratio ◽  
Asset Turnover ◽  
Equity Ratio ◽  
Positive Effect

This study aims: First, to get the variables that affect the price earnings ratio. Second, to obtain empirical evidence about the impact of these variables on price earnings ratio. To achieve this purpose, research on companies listed on the Indonesia Stock Exchange at the end of 2013. The number of companies manufacturing the research samples as many as 98 companies. By using eight regression model to explain the determinants of price-earnings ratio is obtained the following results. First, return on equity, the expected yield or capitalization rate, growth, dividend payout ratio, total asset turnover, net profit margin, and the debt to equity ratio is a determinant of price-earnings ratio. Second, the return on equity have a positive influence and significant impact on the price earnings ratio, expected returns or the capitalization rate affects negatively and significantly influence on the price earnings ratio, growth positive influence and significant impact on the price earnings ratio, dividend payout ratio positive effect and significant to price earnings ratio, total asset turnover and significant positive effect on the price-earnings ratio, net profit margin and significant positive effect on the price-earnings ratio, and debt to equity ratio and significant positive effect on the price earnings ratio. Third, the debt to equity ratio is the dominant determinant of the price earnings ratio. Fourth, the price earnings ratio variation able to be explained by variations in the independent variables of 43.1 to 75.6 percent. It may therefore be argued that this study is useful for: First, to provide information to investors about the variables that need to be considered when investing in the stock market and affect the price earnings ratio. These variables are the retention ratio, dividend payout ratio, total asset turnover, net profit margin, debt to equity ratio, the required yield, growth, and return on equity. Second, add a reference to the capital market in relation to fundamental factors. Third, the results of this study are expected to be a reference to the head of the company in order to increase the value of the company.

scholarly journals PENGARUH BEBERAPA RASIO KEUANGAN TERHADAP HARGA SAHAM, STUDY EMPIRIS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

2017 ◽  
pp. 89-108
Author(s):  
Abdonsius Sitanggang
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Publicly Traded ◽  
Dividend Payout ◽  
Return On Equity ◽  
Book Value ◽  
Publicly Traded Companies ◽  
Equity Ratio

This study wants to analyze the influence of fundamental factors on stock prices listed manufacturing in Indonesia Stock Exchange with the observation period Z004 to 2006. Fundamental analysis is used to assess the feasibility of investing in the stock because it can generate the variables that determine stock prices in the fitture. Valuation concept stocks with fitndamental analysis will yield information about whether a particular stock worth buying or not feasible, based on the opportunity to generate returns. To perform this analysis, it would require the company's financial data and other data related to the concept of stock valuation. One source of information that can be used is the company's financial statements. Pniecahan study focused on the issue of corporate fundamental factors jointly influence the stock price companies manufacturing in Indonesia Stock Exchange and what factors aflect the price of the most dominant share of manufacturing companies in Indonesia Stock Exchange. The study aimed to determine the influence of fundamental factors together (simultaneously) on stock prices of manufacturing companies in Indonesia Stock Exchange and to determine the factors that most influence the predominantly manufacturing company‘s stock price in the Indonesia Stock Exchange. The results showed that the six independent variables are return on equity (ROE), debt to equity ratio (DER), net book value (NVB), dividend payout ratio (DPR), dividend growth (GTH) and the expected rate of return (KS5) significantly influence the company's stock price is publicly traded on the Indonesia Stock Exchange with a coeflicient value of R-squared = 0.828758 and Adjusted R-squared = 0.821720 with 0.0000 significance. These results indicate that all six variables are taken into consideration appropriate to analyze the stock prices of publicly traded companies in Indonesia Stock Exchange. The most dominant factor affiecting the stock price of publicly traded companies in Indonesia Stock Exchange is the net book value (NBV) with kefisien value of 0.647716. The analysis of this study indicate that the parties - stakeholders should consider the variable return on equity (ROE), debt to equity ratio (DER), net book value (NVB), dividend payout ratio (DPR), dividend growth (GTH) and the expected benefits (KS5) in making decisions.

scholarly journals Financial Ratio Return On Equity Dengan Net Profit Margin Sebagai Variabel Moderator

2017 ◽  
Vol 5 (2) ◽  
Author(s):  
MOELJADI MOELJADI
Keyword(s):  
Profit Margin ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Financial Ratio ◽  
Purposive Sampling ◽  
Net Profit ◽  
Asset Turnover ◽  
Equity Ratio

Penelitian ini bertujuan untuk mengetahui pengaruh Analisis Pengaruh Financial Ratio (Current Ratio, Debt Equity Ratio, Total Asset Turnover, Gross Profit Margin) Terhadap Return On Equity Dengan Net Profit Margin Sebagai Variabel Moderator. Metode yang digunakan dalam penelitian ini adalah metode deskriptif dan analisis. Alat analisis menggunkan metode regresi berganda dan regresi berganda dimoderasi. Populasi dalam penelitian ini meliputi beberapa perusahaan pertambangan yang terdaftar di BEI pada tahun 2011-2014. Teknik pengambilan sampel yang digunakan dalam penelitian ini adalah metode purposive sampling dengan 12 perusahaan Pertambangan sektor batubara dan MIGAS sebagai sampel. Pada hasil penelitian ini menunjukan bahwa secara parsial Current Ratio (CR) dan Debt Equity Ratio (DER) terhadap Return On Equity (ROE) tidak berpengaruh dan tidak signifikan. Sedangkan secara parsial Total Asset TurnOver (TATO) dan Gross Profit Margin (GPM) berpengaruh dan signifikan terhadap Return On Equity (ROE). Pada pengujian berikutnya variabel Current Ratio (CR) dan Debt Equity Ratio (DER) yang diperkuat hubunganya oleh Net Profit Margin (NPM) terhadap Return On Equity (ROE).

scholarly journals The Impact of Financial Ratios on the Dividend Payout Ratio in Coal Mining Companies

2021 ◽  
Vol 3 (2) ◽  
pp. 51-60
Author(s):  
Aldo Sebastian ◽  
Rahmat Siauwijaya
Keyword(s):  
Coal Mining ◽  
Total Asset ◽  
Working Capital ◽  
Current Ratio ◽  
Dividend Payout ◽  
Mining Companies ◽  
Turnover Ratio ◽  
Asset Turnover ◽  
Equity Ratio ◽  
The Impact

The purpose of this study is to determine the impacts of current ratio, debt to equity ratio, return on asset, total asset turnover ratio, and working capital turnover ratio on the dividend payout ratio in coal mining companies listed in Indonesia Stock Exchange 2016-2018. The sample used in this study was determined based on a purposive sampling method. The type of data used in this study is secondary data and the technique used to analyze the data in this study is panel data regression analysis. The results show that the debt to equity ratio has a negative and significant effect on the dividend payout ratio. While, current ratio, return on asset, total asset turnover ratio, and working capital turnover ratio have no significant effect on the dividend payout ratio.

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