scholarly journals Faktor Pengaruh Harga Saham dengan Pendekatan Analisis Rasio

2021 ◽  
Vol 14 (2) ◽  
pp. 132-150
Author(s):  
Shintya Hanika Surahmansyah

Factors related to the condition of the company are generally indicated in the financial statements, which is one measure of company performance. Fundamental analysis is a factor often used to predict stock prices. This study aims to determine the effect of Earning per Share (EPS), Return on Equity (ROE), and Net Profit Margin (NPM) on the stock prices of financial institutions listed on the Indonesia Stock Exchange in 2015-2018. The population in this study is the company of financial institutions listed on the Indonesia Stock Exchange in 2015-2018. The sample in this study is 10 companies and the selection of ampples using purposive sampling method. The analytical method used is multiple linear analysis method. The results of the analysis conducted indicate that EPS partially influences the stock price while ROE and NPM do not affect the stock price. Simultaneous in test shows the results that together EPS, ROE, and NPM affect the stock price. From the test determination coefficient results obtained 57.6% changes in stock prices are influenced by EPS, ROE, and NPM factors. While the remaining 42.4% is influenced by other factors.

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


2015 ◽  
Vol 1 (1) ◽  
pp. 23-32
Author(s):  
Syuaib Syuaib ◽  
Muslimin Muslimin ◽  
Harnida Wahyuni Adda

This research aims to determine and analyze the influence of Return On Assets (ROA), Return On Equity (ROE), and Net Profit Margin (NPM) on stock price, both simultaneously and partially. The sample  of  this  research consists  of  30  banks  listed  on  Indonesia Stock  Exchange  (IDX).  Method  of analysis  is  multiple  linear  regressions.  The  results  show  that ROA,  ROE,  and  NPM  simultaneously have  significant  influence  on  stock prices  in  Indonesia  Stock  Exchange.  Partially,  ROA,  ROE,  and NPM have significant influence on stock prices in Indonesia Stock Exchange, while the influence of ROE  on  stock  prices  is  negative.  Coefficient  determination indicates  adjusted  R-square  of  0.529, which  means  that  52.90%  of stock  prices  affected  by  ROA,  ROE,  and  NPM,  and  47.10%  of  stock prices affected by other variables that are not studied. Penelitian  ini  bertujuan  untuk  mengetahui  dan  menganalisis pengaruh  return  on  asset (ROA), return  on  equity  (ROE),  dan  margin laba  bersih  terhadap  harga  saham  secara  simultan  dan  parsial. Sampel  penelitian  ini  terdiri  dari  30  bank  yang  terdaftar  di  Bursa Efek  Indonesia  (BEI).  Metode analisis yang digunakan adalah regresi linier berganda. Hasil penelitian menunjukkan bahwa return on asset, return on equity, dan margin laba bersih secara simultan berpengaruh signifikan terhadap harga saham  di  bursa   Indonesia.  Secara  parsial, return  on  asset,  return  on  equity,  dan  margin  laba  bersih berpengaruh  signifikan  terhadap  harga  saham  di  bursa  Indonesia, tetapi  efek  dari  return  on  equity terhadap harga saham adalah negatif. Koefisien determinasi menunjukkan adjusted R-square sebesar 0,529, yang  berarti  bahwa  52,90%  dari  harga  saham  dipengaruhi  oleh  ROA,  ROE  dan  NPM,  dan 47,10% dari harga saham dipengaruhi oleh variabel lain yang tidak diteliti.


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.


2021 ◽  
Vol 4 (2) ◽  
pp. 187-197
Author(s):  
Sulis Tiono ◽  
Bambang Sugeng Dwiyanto

Stock price fluctuations are natural and almost occur in all companies in various sectors, including companies in the oil mining sector so that price changes affect the company's financial performance and stock prices which can be analyzed fundamentally using financial ratios to aspects in the financial statements. The framework of this research is to analyze the effect of financial ratios on stock prices. The population and sample used are oil mining sector companies listed on the Indonesia Stock Exchange 2014-2018. The sampling method used is purposive sampling or judgmental sampling. Sources of data used are secondary data in the form of financial statements. The tool used for data collection is through the method of observation and analysis of the company's financial statements. The results showed, based on the t test value, stock prices were positively influenced by Return on Equity (ROE), Book Value (BV) and Price to Book Value (PBV), while negatively influenced by Debt To Equity Ratio (DER) and Net Profit. Margins (NPM). Based on the F test value, stock prices are positively influenced by ROE, DER, NPM, Earnings Per Share (EPS), BV, and PBV. Based on the coefficient of determination test (R2), stock prices are strongly influenced by ROE, DER, NPM, BV, and PBV by 91.5% and influenced by other variables by 8.5%.


The Winners ◽  
2007 ◽  
Vol 8 (1) ◽  
pp. 1
Author(s):  
Ignatius Sarto Kothson Budiman

Stock price movement was influenced by many factors, such as company performance, interest level, political factors, security, etc. Article purposes to get approximate probability on the influence between company profitability level and stock price movement that was traded on the Jakarta Stock Exchange, it also considered external factor influence on the stock price movement. The profitability ratio was represented by Net Profit Margin (NPM), Return On Investment (ROI), and Return On Equity (ROE). The research result indicated that the profitability ratio, such as Net Profit Margin (NPM) and Return On Investment (ROI) have significant influence the stock price movement while Return On Equity (ROE) did not have significant influence on the stock price movement.


2020 ◽  
Vol 1 (3) ◽  
pp. 132-138
Author(s):  
Herlina Lusiana

This study aims to analyze the source of a company's profitability by choosing two main factors namely, Return on Equity (ROE) and Earning per Share (EPS) as the strength and resilience of companies engaged in food and beverage listed on the Indonesia Stock Exchange. This study uses time series data from 2015 to 2018. The dependent variable is the stock price. Meanwhile the independent variables are Return on Equity (ROE) and Earning per Share (EPS). The determination of the sample uses positive sampling, the sampling technique uses two special criteria from researchers. The first criterion, only food and beverage companies that publish financial statements in full during the period 2015 to 2018, and the second criterion, food and beverage companies that have financial statement data in accordance with the studied variables, namely Return on Equity (ROE) and Earning per Share (EPS). Samples that meet the criteria are 11 registered food and beverage companies on the Indonesia Stock Exchange for the period 2015 to 2018. Data analysis techniques using multiple linear regression with the help of the SPSS program.The findings show that Return on Equity (ROE) has a positive and significant impact on stock prices, while Earning per Share (EPS) has an impact negative and significant to stock prices. This finding confirms that strength the profitability of a company through Return on Equity (ROE) affects the stock prices of food and beverage companies in Indonesia. Therefore, it is important to maintain the company's profitability through Return on Equity (ROE) from the investor's perspective, not from the company's view. Meanwhile, interesting findings from a company's profitability through Earning per Share (EPS) do not affect the stock prices of food and beverage companies in Indonesia. Because earnings per share or earning per share (EPS) is obtained from the perspective of the company's financial statements where there are differences in the size and size of the company's expenses other than earning per share (EPS) can turn out to be high if the number of shares outstanding is reduced. Keywords: Profitability, Return on Equity (ROE), Earnings per Share (EPS), Stock Prices, Indonesia stock exchange (IDX)  


2021 ◽  
Vol 1 (2) ◽  
pp. 36-44
Author(s):  
Zahida I’tisoma Billah ◽  
Nuri Fara Daisil Jinnani

The stock price always changes. Investors can find out the factors that influence it with a fundamental analysis of the company's financial statements. This study aims to determine whether the Return On Assets, Return On Equity, and Debt to Equity Ratio affect the stock price fluctuation of PT. Wijaya Karya, Tbk. and PT. Aneka Tambang, Tbk. in 2016-2018. The research method used is descriptive quantitative, then this study uses the population and samples in the selection of research objects. The population consisted of 30 companies registered in JII, the sampling method was purposive sampling and obtained PT. Wijaya Karya, Tbk. and PT. Aneka Tambang, Tbk. The research data is secondary data obtained from the annual financial reports of the two research samples. The data analysis technique used is multiple regression. The results of the study concluded that both simultaneously and partially ROA, ROE, and DER did not have a significant effect on the stock price of PT. Wijaya Karya, Tbk. and PT. Aneka Tambang, Tbk. 2016-2018 period.


2020 ◽  
Vol 1 (2) ◽  
pp. 1-13
Author(s):  
Dwi Meilvinasvita ◽  
Safaruddin Safaruddin ◽  
Yuliana Yuliana

Abstract Return On Equity (ROE), Deb to Equity Ratio (DER), and Earning Per Share (EPS) are some financial ratios that are used to analyze a company's performance effectively and efficiently. The positive company performance will encourage investors to be stimulated by placing funds through ownership of shares in its. The research sample uses purposive sampling method. The sample are 24 consumer goods sector companies that listed on Indonesia Stock Exchange (BEI) 2013 – 2017 with secondary data of annual financial reports. This study discusses about effected these ratios to the price of sharia shares so that it will contribute to analysis and decision making of investors and improvements of company in the future. By using multiple linear analysis methods the results show that simultaneously ROE, DER and EPS have significant effect on stock prices. Partially, ROE and EPS have significant effect, while DER ratio has not significant effect on stock prices. Therefor, Islamic issuers should maintain their performance, especially in profitability. The achivement of company profits is the main indicators to interest investors. It will affect the price of islamic stocks to rise and have positive prospect. Keywords: Financial Ratio, Investor, Indonesia Stock Exchange, Islamic Issuer ________________________ Abstrak Return On Equity (ROE), Deb to Equity Ratio (DER), dan Earning Per Share (EPS) merupakan beberapa rasio keuangan yang digunakan untuk melihat kinerja sebuah perusahaan secara efektif dan efisien. Kinerja perusahaan yang positif akan mendorong investor terstimulasi menempatkan dana melalui kepemilikan saham pada perusahaan tersebut. Penarikan sampel penelitian menggunakan purposive sampling. Sampel yang digunakan adalah 24 emiten syariah sektor industri barang konsumsi yang ada di Bursa Efek Indonesia (BEI) periode 2013 hingga 2017 dengan sumber data sekunder berupa laporan keuangan tahunan. Penelitian ini membahas sejauh mana rasio-rasio keuangan dari emiten syariah tersebut mempengaruhi harga saham sehingga diharapkan akan memberikan kontribusi bagi analisis dan pengambilan keputusan investor ke depannya dalam berinvestasi dan perbaikan kinerja perusahaan di masa akan datang. Dengan menggunakan metode analisis linear berganda hasil penelitian secara simultan menunjukkan ROE, DER dan EPS berpengaruh signifikan terhadap harga saham. Sementara itu, hasil uji parsial menunjukkan bahwa hanya ROE dan EPS yang berpengaruh signifkan, sedangkan rasio DER tidak berpengaruh signifikan terhadap harga saham. Oleh karena itu, emiten-emiten syariah harus mempertahankan kinerja perusahaan khususnya dalam menghasilkan laba. Pencapaian laba perusahaan menjadi indikator utama ketertarikan investor dalam berinvestasi yang akan mempengaruhi harga saham syariah menjadi naik dan memiliki prospek positif. Kata Kunci: Rasio Keuangan, Investor, Bursa Efek Indonesia, Emiten Syariah ________________________


2019 ◽  
Vol 1 (1) ◽  
pp. 42-51
Author(s):  
Cornelius Candra Adi Wibowo

The purpose of this study is to analyze the effect of Return On Assets, Return On Equity and Earning Per Share to Price Book Value and stock prices of Banking Companies listed in Indonesia Stock Exchange (IDX) during 2015-2017. This study analyzes ratios of financial statements of banking companies and their impact on stock prices. The population of this research is Banking Companies listed in IDX during 2015-2017. Samples used are as many as 43 Banking companies with census method. The analytical technique used is Partial Least Square. The financial statements used are from the Indonesia Stock Exchange website and tested with the SmartPLS 3.0 application. Result of this study is ROE and EPS have a significant and positive influence on PBV. ROE, EPS and PBV have significant and positive influence on stock price. However DER has no significant effect on PBV and Stock Price.


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