scholarly journals PENGARUH FAKTOR FUNDAMENTAL TERHADAP RETURN SAHAM (Studi Kasus Pada Perusahaan Farmasi Yang Terdaftar Di BEI Tahun 2005-2014)

2018 ◽  
Vol 2 (2) ◽  
pp. 95
Author(s):  
Muhammad Raymon Hidayat ◽  
Sri Hermuningsih

This research performed in order to test influence of fundamental factor (EPS, NPM, ROA, and DER) toward stock return of farmacy companies that listed in Indonesia Stock Exchange for period 2005-2014.The result of this research show DER have significant effect towards stock return.. And EPS, NPM, ROA don’t have significance effect toward stock return. While, four  independent variabel EPS, ROA, DER, and NPM  to have influence toward return on equity  at level of significance 5% as 0,000%. Predictable of the three variables toward return on equity  is 18,6%.  While the rest 81,4% is affected by other factors is not included into the study model.Kata Kunci :Earning per Share, Net Profit Margin, Return on Asset, Debt to Equity Ratio and Stock Return

The Winners ◽  
2016 ◽  
Vol 17 (1) ◽  
pp. 37
Author(s):  
Fangki A. Sorongan

This research aimed to determine the effect of partially and jointly independent variable of Debt to Equity Ratio (DER), Return on Equity (ROA), Return on Equity (ROE), and Net Profit Margin (NPM) against the dependent variable on the stock return. Objects of this research were companies listed on the Indonesia Stock Exchange (BEI) LQ45 continuously for four years in the period 2012-2015. Companies that qualify for this research were 28 companies. Based on this research, the conclusions indicate that all four independent variables; Debt to Equity Ratio (DER), Return on Equity (ROA), Return on Equity (ROE), and Net Profit Margin (NPM), either jointly or partially give the significant effect on return stock.


MANAJERIAL ◽  
2018 ◽  
Vol 1 (1) ◽  
pp. 14
Author(s):  
USWATUL KARIMAH

This research performed in order to test the influence of variabel, Current Ratio (CR), Debt to Equity Ratio (DER), Total Assets Turnover (TAT), dan Net Profit Margin (NPM) toward Return on Equity (ROE). Methodology research as the sample used proposive sampling with criteria as (1) Manufacturing companies that listing at JSX who provide financial report year ending 31st December during the observation period 2008 – 2010, well available at JASICA index. (2) Companies must be the listined at the beginning of the period of observation and not on the delisting until the end of the observation period. (3) The financial report include the value of financial ratios to be studied include ROE, CR, DER, TAT, and NPM. (4) At the beginning of the observation period until the end. Total of 23 samples obtained from 131 firms during the observation period of three years in the manufacturing sector. Sample amount as much 69 during the observation period of three years. Data analysis with multi linier regression of ordinary least square and hypotheses test used partial t - test, simultan F – test at level of significance 5%. Empirical evidence show as CR, DER, and TAT to have not significant influence toward ROE of manufacturing companies listing in JSX over period 2008 – 2010 at level of significance >5%. While the rest NPM to have significant influence toward ROE of manufacturing companies listined in JSX over period 2008 – 2010 at level of significance 5%. While, four independent variabel (CR, DER, TAT and NPM) to have significant influence toward ROE at level of significance 5% as 0,000%. Predictable of the four variables toward ROE is 56,9% as indicated by adjusted R square that is 56,9% while the rest 43,1% is affected by other factors is not included into the study model. 


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.


2021 ◽  
Vol 5 (1) ◽  
pp. 62
Author(s):  
Junnei Liuspita ◽  
Indra Widjaja

This research aims to find out the influence of Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), Debt to Equity Ratio (DER), Earning Per Share (EPS) on the stock return of food and beverage companies listed in the Indonesia Stock Exchange for the period 2015 to 2018. The research sample consists of 13 companies, that were selected by using a purposive technique sampling method for the period of 2015-2018. The method to analyse the research questions was by using the statistical method of multiple linear regression method. The result found that Return on Assets (ROA), Return on Equity (ROE) have significant influences on the stock return. Whilst aNet Profit Margin (NPM), Debt to Equity Ratio (DER), and Earning Per Share (EPS) partially don’t have significant influence. The coefficient determination of this model was found to be about only 28,17%. This suggests that the five independent variables underestimated have a lack of explanatory power of the stock return of food and beverage companies. Hence, further studies to seek other independent variables in the model are suggested to improve the model underestimated. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), Debt to Equity Ratio (DER), Earning Per Share (EPS) terhadap return saham perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia untuk periode 2015 hingga 2018. Sampel penelitian, terdiri dari 13 perusahaan, dipilih dengan menggunakan metode teknik purposive sampling dengan periode penelitian 2015-2019. Metode untuk menganalisis pertanyaan penelitian adalah dengan menggunakan metode statistik regresi linier berganda. Hasil penelitian menemukan bahwa, Return on Assets (ROA), Return on Equity (ROE), secara parsial berpengaruh signifikan terhadap return saham. Sementara Net Profit Margin (NPM), Debt to Equity Ratio (DER), Earning Per Share (EPS) secara parsial tidak memiliki pengaruh yang signifikan. Koefisien determinasi model ini hanya 28,17%. Ini menunjukkan bahwa kelima variabel independen tersebut memiliki kurangnya pengaruh terhadap harga saham perusahaan makanan dan minuman. Oleh karena itu, penelitian lebih lanjut untuk mencari variabel independen lain yang dapat meningkatkan pengaruh terhadap harga saham yang tidak diestimasi dalam model ini.


2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Yolanda Yolanda

This research aims to test the influence about fundamental factors which is consisting of Retrun on Assets (ROA), Return on Equity (ROE), Debt to Equity Ratio (DER), and Net Profit Margin (NPM) to share price. The sample of this research is the manufacture company which is registered in Indonesian Stock Exchange during 2012 - 2016. This research uses 12 samples which is choosen by purposive sampling method. The results showed that ROA and NPM have positive but unsignifcant effect on price share, ROA has positive and significant effect on price share, and DER has negative and unsignificant effect on price share. ROA, ROE, DER, and NPM all simultaneously have significant effect on price share. Moreover, the result that has been obtained by using R-Square is 90,41% and the remaining 9,59 % influenced by other factors.


2018 ◽  
Vol 15 (1) ◽  
pp. 30-44
Author(s):  
Cepi Pahlevi Pahlevi

The purpose of this study is to find the effect of fundamental financial factor to stock return of the listed consumer goods industry sub-sector food and beverages companies at Indonesia Stock Exchange 2011-2016. Variables that are used to measure the fundamental factor are Current Ratio (CR), Debt to Equity Ratio (DER), Return on Equity (ROE), and Total Asset Turnover (TATO) to Stock Return as dependent variable. Population of this study is food and beverage sub sector companies at Indonesia Stock Exchange 2011-2016, with total of 17 companies. Sampling method used was purposive sampling with total of 11 companies. This research used multiple regression analysis method and hypothesis testing (F test and T test) with significant level of 5% alpha. The result of this study, shows that CR, DER, TATO have a negative and have not significant effect to stock return. ROE variable has a positive and significant effect to stock return. Based on the R square test, 20.4% stock return is explained by fundamental financial factors.


2016 ◽  
Vol 7 (2) ◽  
pp. 53-74
Author(s):  
Mentari Risdanya ◽  
Zaroni Zaroni

This study aims to determine whether Net Profit Margin (NPM), Earning Per Share (EPS), Return On Equity (ROE), Price Earning Ratio (PER), and Debt to Equity Ratio (DER) have significant influence towards share price. The object of this research are companies in the field of property and real estate companies listed on the Indonesia Stock Exchange (IDX) in 2011-2013. Data collection methods used are secondary data from the annual financial statements. Sampling was done by using purposive sampling method, and the total sample used were 26 companies, the number of observed data 78 data. The data analysis technique used in this study is multiple regression analysis. The results of this study are (1) Net Profit Margin (NPM), Return On Equity (ROE), and Price Earning Ratio (PER) have no significant effect towards share price (2) Earning Per Share (EPS) and Debt to Equity Ratio (DER) have a significant effect towards share price. Keywords: Net Profit Margin, Earning Per Share, Return On Equity, Price Earning Ratio, Debt to Equity Ratio, Share Price.


2018 ◽  
Vol 3 (1) ◽  
Author(s):  
Riska Fethy Liana

Abstrak Penelitian ini bertujuan untuk menguji adanya pengaruh kinerja keuangan (profitabilitas, solvabilitas, aktivitas) dan risiko investasi terhadap return saham perusahaan. Profitabilitas diukur dengan menggunajan Net Profit Margin (NPM). Solvabilitas diukur dengan menggunakan Debt to Equity ratio (DER). Rasio Aktivitas diukur dengan menggunakan Total Asset Turnover (TATO). Risiko investasi diukur dengan menggunakan standar deviasi. Penelitian ini menggunkana pendekatan kuantitatif dengan metode regresi berganda. Penelitian ini menggunakan sampel berupa perusahaan-perusahaan sektor otomotif dan komponennya yang listing di Bursa Efek Indonesia periode 2011-2015. Dengan total sampel yang digunakan adalah 12 perusahaan. Hasil penelitian menunjukkan bahwa secara simultan rasio profitabilitas (net profit margin), solvabilitas (debt to equity), aktivitas (total asset turnover), dan risiko investasi berpengaruh secara signifikan terhadap return saham sebesar 45,7%. Sedangkan secara parsial hanya net profit margin dan risiko investasi saja yang berpengaruh dan signifikan terhadap return saham. Kata kunci: Profitabilitas, Solvabilitas, Aktivitas, Risiko Investasi, dan Return Saham. Abstract The purpose of this study is to impact of financial performance which measured by profitability, solvability, activity, and investment risk toward the company’s stock return. Profitability is measured by net profit margin (NPM). Solvability is measured by debt to equity ratio (DER). Activity is measured by total asset turnover (TATO). Investment risk is measured by deviation standard. This study uses quantitative approach with multiple regression method. This study uses sample of The Otomotive and Component Company which listed in Indonesia Stock Exchange period 2011-2015. The total of the sample which used in this study is 12 companies. Result show that simultant profitability ratio (NPM), solvability ratio (DER), activity ratio (TATO), and investment risk of significantly influence on stock return shares of 45,7. While partial only variable net profit margin and investment risk significantly influence toward stock return. Keyword: profitability, solvability, activity, investment risk, stock return.


2016 ◽  
Vol 2 (1) ◽  
Author(s):  
Eka Susilawati

The purpose of this research was to determine whether Liquidity Ratios (Current Ratio), Solvency Ratio (Debt to Equity Ratio), and Profitability ratios (Return on Equity and Net Profit Margin) have an influence on Earning Per Share.The type of data in this study are secondary data, the sampling method is used purposive sampling and methods polled. The company used a sample of 26 of 136 companies listed on the Indonesia Stock Exchange during the period 2008-2011. This research is quantitative, and statistical testing using multiple linear regression test.The results of this study indicate that simultaneous four independent variables significantly influence the Earning Per Share. Partially shown that Current Ratio, Debt to Equity Ratio and Net Profit Margin has a positive and significant effect on Earning Per Share. While Return On Equity has a positive effect but not significant to Earning Per Share. Keywords: Current Ratio, Debt to Equity Ratio, Return On Equity, Net Profit Margin, Earning Per Share.


2017 ◽  
Vol 5 (2) ◽  
Author(s):  
Herry Winarto ◽  
Noerlita Cahyani

In investing, investors should be able to determine what investment goals will be done. The investment decision in question is the decision to buy, sell, or retain ownership of shares. This study aims to analyze the effect simultaneously between Debt to Equity Ratio (DER), Net Profit Margin (NPM) and Earning Per Share (EPS) on Stock Price, analyze partially influence between Debt to Equity Ratio (DER) to Stock Price and Analyze the partial influence between Net Profit Margin (NPM) on Stock Price and to analyze the partial influence between Earning Per Share (EPS) on Stock Price at PT MEDCO ENERGI INTERNASIONAL Tbk in Indonesia Stock Exchange. The analytical method used multiple linear regression analysis with the help of SPSS version 20. The result of research shows that the relationship between Debt to Equity Ratio (DER), Net Profit Margin (NPM) and Earning Per Share (EPS) to stock price is very strong and positive, partially closeness relationship between Debt to Equity Ratio (DER) to the stock price is very strong and positive. Partially it can be seen that the closeness of relationship between Net Profit Margin (NPM) to stock price is low and positive, and partially closeness relationship between Earning Per Share (EPS) The stock is moderate and positive


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