scholarly journals Analisis Pengaruh Rasio Profitabilitas dan Economic Value Added terhadap Harga Saham pada Sub Sektor Industri Semen yang Terdaftar di Bursa Efek Indonesia

2016 ◽  
Vol 5 (2) ◽  
pp. 139
Author(s):  
Anggita Mugi ◽  
Abdul Kohar Irwanto ◽  
Yusrina Permanasari
Keyword(s):  
Time Series ◽  
Cross Section ◽  
Economic Value ◽  
Value Added ◽  
Profit Margin ◽  
P Value ◽  
Economic Value Added ◽  
Net Profit

<p>Penelitian ini bertujuan untuk mengetahui pengaruh <em>Return </em><em>o</em><em>n Asset (ROA), Return </em><em>o</em><em>n Equity (ROE), Net Profit Margin (NPM)</em><em>, </em><em>Earning Per Share (EPS)</em><em> dan </em><em>Economic Value Added (EVA)</em> terhadap harga saham. Sampel yang digunakan adalah perusahaan sub sektor industri semen yang terdaftar di BEI periode 2009-2011. Variabel independen yang digunakan adalah ROA, ROE, NPM, EPS dan EVA dengan variabel dependennya adalah harga saham. Metode analisis yang digunakan adalah regresi data panel yang meliputi data <em>cross section </em>dan <em>time series</em>. Hasil analisis regresi data panel menunjukkan bahwa secara simultan variabel ROA, ROE, NPM, EPS dan EVA berpengaruh secara signifikan terhadapa harga saham karena nilai p-value (0.000) &lt; alpha (0.05). Sedangkan secara parsial variabel EVA tidak berpengaruh secara signifikan terhadap harga saham karena nilai p-value pada EVA (0.0683) &gt; alpha (0,05) dan variabel ROA, ROE, NPM dan EPS berpengaruh secara parsial terhadap harga saham dengan nilai p-value berturut-turut sebesar (0.0002; 0.0013; 0.0008; 0.000). Hasil uji analisis koefisien determinasi adalah sebesar 95.51% hal ini bahwa variabel independen yang ada pada regresi ini mampu menjelaskan sebesar 95.51% dan sisanya 4.49% kemungkinan dijelaskan oleh faktor lain yang tidak dijelaskan ke dalam model ini.</p><em>Kata kunci : ROA, ROE, NPM, EPS, EVA,  Harga Saham</em>

scholarly journals Analisis Pengaruh Rasio Profitabilitas dan Economic Value Added terhadap Harga Saham pada Sub Sektor Industri Semen yang Terdaftar di Bursa Efek Indonesia

2016 ◽  
Vol 5 (2) ◽  
pp. 139
Author(s):  
Anggita Mugi ◽  
Abdul Kohar Irwanto ◽  
Yusrina Permanasari
Keyword(s):  
Time Series ◽  
Cross Section ◽  
Economic Value ◽  
Value Added ◽  
Profit Margin ◽  
P Value ◽  
Economic Value Added ◽  
Net Profit

<p>Penelitian ini bertujuan untuk mengetahui pengaruh <em>Return </em><em>o</em><em>n Asset (ROA), Return </em><em>o</em><em>n Equity (ROE), Net Profit Margin (NPM)</em><em>, </em><em>Earning Per Share (EPS)</em><em> dan </em><em>Economic Value Added (EVA)</em> terhadap harga saham. Sampel yang digunakan adalah perusahaan sub sektor industri semen yang terdaftar di BEI periode 2009-2011. Variabel independen yang digunakan adalah ROA, ROE, NPM, EPS dan EVA dengan variabel dependennya adalah harga saham. Metode analisis yang digunakan adalah regresi data panel yang meliputi data <em>cross section </em>dan <em>time series</em>. Hasil analisis regresi data panel menunjukkan bahwa secara simultan variabel ROA, ROE, NPM, EPS dan EVA berpengaruh secara signifikan terhadapa harga saham karena nilai p-value (0.000) &lt; alpha (0.05). Sedangkan secara parsial variabel EVA tidak berpengaruh secara signifikan terhadap harga saham karena nilai p-value pada EVA (0.0683) &gt; alpha (0,05) dan variabel ROA, ROE, NPM dan EPS berpengaruh secara parsial terhadap harga saham dengan nilai p-value berturut-turut sebesar (0.0002; 0.0013; 0.0008; 0.000). Hasil uji analisis koefisien determinasi adalah sebesar 95.51% hal ini bahwa variabel independen yang ada pada regresi ini mampu menjelaskan sebesar 95.51% dan sisanya 4.49% kemungkinan dijelaskan oleh faktor lain yang tidak dijelaskan ke dalam model ini.</p><em>Kata kunci : ROA, ROE, NPM, EPS, EVA,  Harga Saham</em>

scholarly journals Pengaruh Kinerja Keuangan terhadap Return Saham Perusahaan Property dan Real Estate

2018 ◽  
Vol 6 (2) ◽  
pp. 89
Author(s):  
Luvy Nurfinda ◽  
Lintang Venusita
Keyword(s):  
Stock Return ◽  
Economic Value ◽  
Value Added ◽  
Profit Margin ◽  
Analysis Tool ◽  
Economic Value Added ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Net Profit ◽  
Property Companies

The indicators that often be used as an analysis tool for measuring financial performance are EPS, ROE, and NPM, that measure performance reflecting the company's ability to generate profits and returns on investment firms. Saturated sample method used in this study using a sample of seventeen companies listed in Indonesia Stock Exchange. Hypothesis testing was performed by using the classical assumption test and linear regression analysis.The results of this study showed that the variable of economic value added, earnings per share, and net profit margin had no significant effect on the stock return of the property companies. Meanwhile, the variable of return on equity had a significant effect on the stock return of the property companies. Simultaneously, the analysis results suggested that the variable of economic value added, earnings per share, return on equity, and net profit margin had an influence to the stock returns of 11.9%, while the remaining of 88.1% can be influenced by other factors.

scholarly journals PENGARUH RETURN ON ASSET, RETURN ON EQUITY, ECONOMIC VALUE ADDED DAN NET PROFIT MARGIN TERHADAP HARGA SAHAM DI BURSA EFEK INDONESIA (STUDI PADA PERUSAHAAN REAL ESTATE & PROPERTY) PERIODE 2012-2016

2020 ◽  
Vol 26 (1) ◽  
pp. 205-217
Author(s):  
Irma Dwi Puspita Dewi
Keyword(s):  
Real Estate ◽  
Economic Value ◽  
Value Added ◽  
Profit Margin ◽  
Economic Value Added ◽  
Asset Return ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Net Profit ◽  
Estate Property

Penelitian berjudul “Pengaruh Return On Asset, Return On Equity, Economic Value Added Dan Net Profit Margin Terhadap Harga Saham Di Bursa Efek Indonesia” penelitian ini membahas pengaruh yang diberikan oleh Return On Asset, Return On Equity, Economic Value Added Dan Net Profit Margin Terhadap Harga Saham tujuan penelitian ini adalah : (1) untuk menentukan secara parsial apakah ROA, ROE, EVA dan NPM memiliki pengaruh signifikan terhadap harga saham perusahaan real estate and property periode 2012 – 2016. (2) untuk menentukan secara bersamaan apakah ROA, ROE, EVA dan NPM memiliki pengaruh signifikan terhadap harga saham perusahaan real estate and property periode 2012 – 2016 jumlah sempel adalah diambil dengan menggunakan metode purposive sampling yang di peroleh 25 perusahaan yang termasuk kedalam kriteria. Anasis data menggunakan teknik analisi regrisi linier berganda dengan asumsi klasik normalitas auto korelasi, multikolinieritas dan heteroskedasitas. Kesimpulan dari penelitian ini berdasarkan pada uji simultan (uji f) dan uji parsial (uji t) dengan signifikasi 5%. Berdasarkan analisis, menyimpulkan bahwa secara parsial berpengaruh tidak signifikan dan secara simultan Return On Asset, Return On Equity, Economic Value Added dan Net Profit Margin memiliki pengaruh yang signifikan 0,002 terhadap harga saham dengan koefisien determinasi 0,566%. Ini menunjukan bahwa 0,566% harga saham dijelaskan oleh lima variabel independen dan selanjutnya dijelaskan oleh variabel lain yang tidak termasuk dalam penelitian ini.Kata kunci : Return On Asset, Return On Equity, Economic Value Added,Net Profit Margin dan Harga Saham

scholarly journals Pengaruh Kinerja Keuangan Terhadap Rate of Return (Studi Empiris Pada Perusahaan Pertambangan Yang Terdaftar di BEI Tahun 2014-2018 )

2020 ◽  
Vol 25 (2) ◽  
pp. 101-117
Author(s):  
Sefka Anggraini Putri ◽  
Reni Oktavia ◽  
Widya Rizki Eka Putri
Keyword(s):  
Financial Performance ◽  
Cash Flow ◽  
Return On Investment ◽  
Economic Value ◽  
Value Added ◽  
Profit Margin ◽  
Rate Of Return ◽  
Economic Value Added ◽  
Net Profit ◽  
Operating Cash Flow

The purpose of this study was to examine the effect of financial performance on the rate of return. The indicators used to measure financial performance are return on investment, net profit margin, earnings per share, operating cash flow, economic value added. This study uses secondary data with a population of companies listed on the Indonesia Stock Exchange (BEI) 2014-2018. The method used to determine the sample using purposive sampling. Consists of 19 industrial mining companies with 56 samples. The analysis method used is multiple regression analysis. The results of hypothesis testing show that the Return on Investment (ROI) has no significant effect on the Rate of Return (ROR), Net Profit Margin (NPM) has significant effect on the Rate of Return (ROR), Earning Per Share (EPS) has no significant effect on the Rate of Return (ROR), Operating Cash Flow(OCF) has no significant effect on the Rate of Return (ROR), Economic Value Added (EVA) has no significant effect on the Rate of Return (ROR)

scholarly journals ANALISIS PENGARUH RASIO PROFITABILITAS DAN ECONOMIC VALUE ADDED (EVA) TERHADAP RETURN SAHAM Studi pada Perusahaan yang Tercatat Aktif dalam LQ 45 di BEI Perioda 2008-2012

2018 ◽  
Vol 3 (1) ◽  
pp. 41
Author(s):  
Triwahyuningtyas Triwahyuningtyas ◽  
Beni Suhendra Winarso
Keyword(s):  
Stock Prices ◽  
Economic Value ◽  
Research Result ◽  
Value Added ◽  
Total Sample ◽  
Profit Margin ◽  
Economic Value Added ◽  
Earnings Per Share ◽  
Net Profit ◽  
Independent Variable

This research aims to analyse the influence of the ratio of profitability and economic value added (EVA) company shares in return for the period 2008-2012 LQ 45. Data obtained from icmd and stock prices publication with a period of 2008-2012 .This research is a population of 45 companies and the total sample as many as 12 companies with sampling purposive past the stage. Dependent variable used in research is return stock, while the independent variable in the research is the ratio of profitability consisting of return on investment (ROI), net profit margin (NPM), gross profit margin ( gpm ) , earnings per share (EPS), and economic value added (EVA). Research result indicates that in the f roi, said the independent variable npm, gpm, eps, the yield on the first day, and eve three days before, and dd-4, influential jointly on the dependent variable (shares) and return on the first day because of return (0,032) H-3 ( 0,008 ) and H-4 ( 0,045 ) have a significance & it; 0.05.While this suggests that roi t have influence on the yield on the yield H+ 1 first day, and three days before, npm have influence on H-4 shares in return, return gpm have influence on the yield on the stocks return H+ 2 eps has an effect on the yield on the stocks return h and eva have influence on the yield on H-3 and H-2 of return

scholarly journals Analisis Kinerja Keuangan Menggunakan Rasio Keuangan dan Economic Value Added (EVA) pada PT.Indocement Tunggal Prakarsa Tbk (Periode 2015-2019)

2020 ◽  
Vol 3 (4) ◽  
pp. 522-537
Author(s):  
Meiske Wenno
Keyword(s):  
Economic Value ◽  
Value Added ◽  
Profit Margin ◽  
Economic Value Added ◽  
Fixed Asset ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

Tujuan penelitian ini adalah untuk mengukur prestasi yang dicapai oleh PT Indocement dalam suatu periode tertentu serta menilai Kinerja Keuangan PT Indocemen Tunggal Prakarsa Tbk periode 2015-2019 menggunakan rasio keuangan dan Economic Value Added (EVA). Periode penelitian ini dilakukan selama 5 tahun yaitu tahun 2015-2019. Metode penelitian yang digunakan dalam penulisan ini adalah metode deskriptif kuantitatif. Objek penelitian ini adalah PT Indocemen Tunggal Prakarsa Tbk. Hasil analisis menunjukan bahwa kinerja PT Indocemen Tunggal Prakarsa dari rasio likuiditas belum baik hal ini ditunjukan dari rata-rata rasio lancar sebesar 4.06 kali dan rata-rata rasio cepat sebesar 3.53 kali. Rasio aktivitas juga belum baik ditunjukan dari rasio perputaran persediaan dengan rata-rata rasio sebesar 1,002 kali dan rasio perputaran aktiva dengan rata-rata sebesar 1,022 kali serta rasio fixed asset turn over dengan rata-rata rasio sebanyak 0,550 kali. Pada rasio leverage yang diukur menggunakan rasio debt to asset ratio dengan rata-rata 15% dan rasio debt to equity ratio dengan rata-rata sebesar 17% menunjukan kinerja yang baik pada rasio ini. Pada rasio profitabilitas kemampuan memperoleh laba diukur menggunakan rasio net profit margin dapat dilihat bahwa rata-rata rasio sebesar 18% dan pada rasio retrun on equity memiliki rata-rata rasio sebesar 10%, serta rasio retrun on ivestmen memiliki rata-rata rasio sebesar11%. Kinerja yang dihasilkan dalam memperoleh laba dikatakan tidak baik.

scholarly journals TINGKAT PENGEMBALIAN INVESTASI PADA CV. INDUSTRI CAHAYA BARU

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Khaerul Iman
Keyword(s):  
Return On Investment ◽  
Economic Value ◽  
Value Added ◽  
Profit Margin ◽  
Total Asset ◽  
Economic Value Added ◽  
Net Profit ◽  
Asset Turnover

Berdasarkan perhitungan Net Profit Margin, CV. Industri Cahaya Baru mampu menghasilkan penjualan dalam menghasilkan laba bersih yaitu 19% pada tahun 2015, tingkat laba terus meningkat ditahun 2016 sebesar 43% ini berarti setiap Rp. 1 penjualan menghasilkan laba bersih sebesar Rp. 0,43, kemudian pada tahun 2017 laba yang dihasilkan mengalami penurunan menjadi 31%. Berdasarkan perhitungan Total Asset Turnover, tingkat kemampuan perputaran aktiva CV. Industri Cahaya Baru terhadap penjualan ditahun 2015 sebesar 73% kemudian pada tahun 2016 sebesar 77% dan pada tahun 2017 mengalami penurunan 33%.Berdasarkan perhitungan Return on Investment (ROI), tingkat ROI yang dihasilkan perusahaan pada tahun 2015 sebesar 14% dan ditahun 2016 perusahaan mampu meningkatkan ROI nya menjadi 77% dan tahun 2017 perusahaan ROI yang dihasilkan perusahaan menurun menjadi 33%. Berdasarkan perhitungan Economic Value Added (EVA) pada tahun 2015 belum bisa memberikan nilai tambah untuk perusahaan sedangkan ditahun 2016 dan 2017 CV. Industri Cahaya Baru memiliki nilai tambah ekonomi yang negatif.

scholarly journals Pengaruh DER, Firm Size, NPM, EPS, ROE, dan EVA terhadap Nilai Perusahaan pada Perusahaan Sektor Properti dan Real Estate yang Terdaftar di BEI Periode 2011-2015

2019 ◽  
Vol 1 (1) ◽  
pp. 41
Author(s):  
Karina Juwita
Keyword(s):  
Regression Analysis ◽  
Firm Size ◽  
Economic Value ◽  
Value Added ◽  
Profit Margin ◽  
Economic Value Added ◽  
Return On Equity ◽  
Book Value ◽  
Net Profit ◽  
Equity Ratio

This study aimed to determine the effect of Debt Equity Ratio (DER), Firm Size, Net Profit Margin (NPM), Earning Per Share (EPS), Return on Equity (ROE), and Economic Value Added (EVA) to Price Book Value (PBV). This study is still conducted regards different result of various research. The research was conducted using secondary data. The population in this study are all property and real estate companies listed on the Indonesia Stock Exchange (IDX) of the year 2011-2015. The sampling method applies purposive sampling technique. The data is analysis uses data panel regression analysis. The results of the regression analysis showed that the Debt Equity Ratio and Earning Per Share has no effect on Price Book Value (PBV). Firm Size, Net Profit Margin, and Economic Value Added has negatively effects and significants on Price Book Value (PBV), while the Return on Equity positively affect and significant on Price Book Value (PBV). Adjusted R-Squared value is 0.3043, These results indicate that the variable ability of Debt Equity Ratio (DER), Firm Size, Net Profit Margin (NPM), Earning Per Share (EPS), Return on Equity (ROE), and Economic Value Added (EVA) to explain of Price Book Value is 30.43% while the remaining 69.57% is explained by other variables.

scholarly journals The comparison between the market value (MVA) the net profit after tax by economic value added (EVA) to net profit after tax of the companies listed on the in Tehran Stock Exchange.

2016 ◽  
Vol 4 (5) ◽  
pp. 562-564
Author(s):  
Amir Rahimi Ashtiani ◽  
Saleh Payande Ashtiani
Keyword(s):  
Significant Relationship ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Shareholder Wealth ◽  
Economic Value Added ◽  
Net Profit ◽  
Pharmaceutical Industries ◽  
Spss Software

Desired performance and eventually increase the company's value will increase shareholder wealth. The fundamental challenge of managing businesses to create value for shareholders. The comparison between the market value (MVA) the net profit after tax by economic value added (EVA) to net profit after tax of the companies listed on the in Tehran Stock Exchange in 2007 to 2014. So that can be a benchmark internal performance evaluation that a representative of the market value is also achieved which the statistical was determined technique of a linear regression coefficient, And EVIEWS and SPSS software was used to test the hypotheses. The results show that there are positive correlation between (MVA/EARING) as the dependent variable (EVA /EARING) as independent variables studied in all companies, regardless of their weakness. So the companies listed in in Tehran Stock Exchange (EVA/EARING) as a measure of internal performance measurement alone is not enough to predict the effectiveness criteria is value in the market. In our group of companies and industries except, automotive and pharmaceutical industries that there were not a significant relationship between the variables in the rest of the industry significant relationship between the variables.

scholarly journals Evaluasi Economic Value Added (EVA), Financial Value Added (FVA) dan Market Value Added (MVA) dengan Time Series Approach Sebagai Alat Penilaian Kinerja Keuangan. ( Pada PT. Garuda Indonesia Tbk Periode 2015-2019)

MANAJERIAL ◽  
2021 ◽  
Vol 8 (03) ◽  
pp. 294
Author(s):  
Diyanti Rifal Agustin ◽  
Ni Nyoman Putu Martini ◽  
Tatit Diansari Riskiputri
Keyword(s):  
Time Series ◽  
Financial Performance ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Added Value ◽  
Economic Value Added ◽  
Literature Study ◽  
Time Series Approach ◽  
Market Value Added

Background – Financial performance is a company's work performance that has been achieved in a certain period and can be seen in the financial statements of the company concerned. Financial statement analysis using conventional methods is often used by companies to measure their financial performance, namely financial ratio analysis. PT Garuda Indonesia Tbk, must have the option to create value added or large profits and create or add value to the capital that has been donated to meet the assumptions for financial backers (financial backers or investors). Purpose – Measure financial performance with Economic Value Added (EVA), Financial Value Added (FVA) and Market Value Added (MVA). Design/ Methodology/ Approach – This is a descriptive research with a quantitative approach. Sources of data in this study using external secondary data sources obtained through literature study which is arranged in the form of documents in the form of financial reports. The analysis technique in this study uses Time Series Analysis. Results and Discussion - EVA measurement with a time series approach from 2015-2019 the average EVA is -25,291,800.85, this indicates that the company has not been able to provide added value to shareholders because EVA is negative (EVA<0) so it is said to perform Not Good. Measurement of FVA with a time series approach from 2015-2019 the average FVA is 21,359,193.35, this indicates that the company is able to provide added financial value for companies and investors because the FVA value is Positive (FVA> 0) so it is said to be performing well . MVA measurement with a time series approach from 2015-2019 the average MVA is 9,019.927,024,116, this indicates that the company is able to provide added value because the MVA value is Positive (MVA> 0) so it is said to be performing well. Conclusion – EVA, FVA, and MVA values ​​in 2015 were positive, in 2016 EVA and FVA were negative while MVA was positive, in 2017 EVA was negative while FVA and MVA were positive, in 2018 EVA was negative, FVA and MVA were positive, in 2018 2019 EVA, FVA, and MVA are positive. Research Implications - The research results in this study can be considered by the management of PT Garuda Indonesia in assessing and evaluating the company's financial performance.

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