scholarly journals ANALISIS PENGARUH ECONOMIC VALUE ADDED, RETURN ON ASSETS, RETURN ON EQUITY, DAN EARNING PER SHARE TERHADAP RETURN SAHAM PERUSAHAAN SEKTOR LQ-45 YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2005-2007

2017 ◽  
Vol 7 (1) ◽  
Author(s):  
Christine Christine
Keyword(s):  
Linear Regression ◽  
Stock Return ◽  
Economic Value ◽  
Value Added ◽  
Regression Method ◽  
Stock Index ◽  
Linear Regression Method ◽  
Economic Value Added ◽  
Return On Equity ◽  
Independent Variable

<p><em>This research attempted to analyze the leverage between EVA, ROA, ROE, EPS with stock return of the 12 sample companies. The 12 sample companies are the companies that included in LQ-45 at the Indonesia Stock Exchange within period of 2005 to 2007. First, this research computes the score of EVA, ROA, ROE, EPS from each of the companies. To analyze the leverage using linear regression method with stock return as a dependent variable and EVA, ROA, ROE, EPS each as a independent variable. And then comparing the results from the linear regression which method has the greater number of R Square. Also using regression method with stock return as a dependent variable and EVA, ROA, ROE, EPS together as independent variable, then analyzing the results from the regression such as multi collinierity, autocorellation, heteroscedasticity, and normality.  </em></p><p>Key Words: <em>Economic Value Added (EVA), Return on Asset (ROA), Return on Equity (ROE), Earnings pro Share (EPS), LQ-45 Stock Index.</em></p>

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 equity, earnings per share, economic value added, dan market value added terhadap return saham perusahaan sektor pertanian yang terdaftar di bursa efek indonesia periode 2010-2016

2018 ◽  
Vol 23 (1) ◽  
Author(s):  
Nastasya Cindy Hidajat
Keyword(s):  
Stock Return ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Economic Value Added ◽  
Return On Equity ◽  
Panel Data Regression ◽  
Data Regression ◽  
Market Value Added

The purpose of this research was to test the effect of return on equity, earning per share, economic value added, and market value added to stock return of agriculture firm that listed at Indonesian Stock Exchange in the period of 2010-2016 either partially or simultaneously. This research used 77 samples. The method used is panel data regression analysis using EViews 6. The results showed that return on equity, earning per share economic value added, and market value added partially has positive significant influence on the stock return, and return on equity, earning per share, economic value added, and market value added simultaneously affect the stock return.

Pengaruh Return on Assets, Price Earning Ratio dan Economic Value Added terhadap Return Saham pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2014-2017

2020 ◽  
Vol 1 (1) ◽  
pp. 55-59
Author(s):  
Ni Luh Rai Sri Wahyuni ◽  
I Made Wianto Putra ◽  
Ni Putu Riasning
Keyword(s):  
Regression Analysis ◽  
Linear Regression ◽  
Multiple Linear Regression ◽  
Stock Return ◽  
Linear Regression Analysis ◽  
Economic Value ◽  
Value Added ◽  
Multiple Linear Regression Analysis ◽  
Economic Value Added ◽  
Return On Assets

The information that can be used as a benchmark for the level of return of the company being investigated is ROA, PER and EVA. This research was conducted at manufacturing companies listed on the Indonesia Stock Exchange in the 2014-2017 period. By using as many as 35 companies as a sample determined by the purposive sampling method. Data collection is done by studying the documentation. Analysis of the data used is multiple linear regression analysis. Before carrying out multiple linear regression analysis, first do the classical assumption test which includes normality test, multicollinearity test, autocorrelation test, heteroscedasticity test. The results of this study indicate that ROA has a significant effect on Stock Return, PER does not have a significant effect on Stock Return and Eva also has no significant effect on Stock Return. Keywords: Return On Assets (ROA); Price Earning Ratio (PER); Economic Value Added (EVA) Informasi-informasi yang dapat digunakan sebagai tolak ukur tingkat return saham perusahaan yang diteliti adalah ROA, PER dan EVA. Penelitian ini dilakukan pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2014-2017. Dengan menggunakan sebanyak 35 perusahaan sebagai sampel yang ditentukan dengan metode purposive sampling. Pengumpulan data yang dilakukan dengan telaah dokumentasi. Analisis data yang digunakan adalah analisis regresiolinier berganda. Sebelum melakukan analisis regresi linier berganda, terlebih dahulu melakukan uji asumsi klasik yang meliputi uji normalitas, uji multikolinier, uji autokorelasi, uji heteroskedastisitas. Hasil penelitian ini menunjukkan bahwa ROA berpengaruh signifikan terhadap Return Saham, PER tidak berpengaruh signifikan terhadap Return Saham dan Eva juga tidak berpengaruh signifikan terhadap Return Saham. Kata Kunci: Return On Assets (ROA); Price Earning Ratio (PER); Economic Value Added (EVA)

scholarly journals Perancangan Model Return Saham Pada Perusahaan Otomotif Yang Go Public

2020 ◽  
Vol 3 (2) ◽  
pp. 59
Author(s):  
Widy Setyawan ◽  
Bramantiyo Eko Putro ◽  
Marwan Irawan
Keyword(s):  
Time Series ◽  
Automotive Industry ◽  
Return On Investment ◽  
Trading Volume ◽  
Stock Return ◽  
Economic Value ◽  
Value Added ◽  
Linear Regression Method ◽  
Economic Value Added ◽  
Volume Activity

Abstract— The development of a good automotive industry attracts investors to invest in this industry. The current investment grows into one of the lifestyles of modern society. Individuals or groups who have excess resources will do this activity. The purpose of the investment is to earn a profit or gain additional wealth in the future. There are various forms of investment that are on real assets, financial assets, or securities (stocks, bonds, deposits, and others). Automotive companies that go public serve as subjects in this study. Because the automotive company is a rapidly growing industry. In addition, the automotive industry stocks are among the most actively traded stocks, so the stock price moves quite actively. Based on these thoughts, the authors conducted a study on the design of the model of stock returns on automotive companies that go public. The design of research model refers to the basic model of stock return. Model design on the influence of return on investment, economic value added and stock liquidity by trading volume activity method to stock return. Research data obtained by way of documentation from data of automotive companies listed in Indonesia stock exchange in the year 2013-2016. The data obtained are used to test the model empirically by using multiple linear regression method with time series problem. From the test results, it is known that roi, eva and tva effect simultaneously on stock return and for the model of each variable is explained from the results of the hypothesis that roi is accepted which means partially positive effect on stock return, while for eva and tva is rejected which means no effect on stock returns.Keywords :  Return On Inverstment, Economic Value Added, Trading Volume Activity, Stock Return Abastrak - Perkembangan industri otomotif yang baik menarik para investor untuk melakukan investasi pada industri ini. Investasi saat ini tumbuh menjadi salah satu gaya hidup masyarakat modern. Individu ataupun kelompok yang memiliki kelebihan sumber daya akan melakukan kegiatan ini. Tujuan dari investasi adalah untuk mendapatkan keuntungan atau mendapatkan tambahan kekayaan di masa yang akan datang. Ada berbagai macam bentuk dari investasi yaitu pada aktiva riil, aktiva finansial, atau sekuritas (saham, obligasi, deposito,dan lainnya). Perusahaan otomotif yang go public dijadikan sebagai subyek dalam penelitian ini. Dikarenakan perusahaan otomotif merupakan industri yang berkembang dengan pesat. Selain itu saham-saham industri otomotif termasuk ke dalam saham yang paling aktif diperdagangkan, sehingga harga sahamnya pun bergerak cukup aktif. Berasarkan pemikiran tersebut, penulis melakukan penelitian mengenai perancangan model return saham pada perusahaan otomotif yang go public. Perancangan model penelitian merujuk pada model dasar mengenai return saham. Perancangan model mengenai pengaruh return on investment, economic value added dan likuiditas saham dengan metoda trading volume activity terhadap return saham. Data penelitian diperoleh dengan cara dokumentasi dari data  perusahaan otomotif yang terdaftar di bursa efek indonesia pada tahun 2013-2016. Data yang diperoleh digunakan untuk menguji model secara empiris dengan menggunakan metode regresi linier berganda dengan permasalahan time series. Dari hasil pengujian, diketahui bahwa roi, eva dan tva berpengaruh secara simultan terhadap return saham dan untuk model dari masing-masing variabel dijelaskan dari hasil hipotesis yang menunjukan bahwa roi diterima yang berarti berpengaruh positif secara parsial terhadap return saham, sedangkan untuk eva dan tva ditolak yang berarti tidak berpengaruh terhadap return saham.Kata kunci : Return On Inverstment, Economic Value Added, Trading Volume Activity, Return Saham

scholarly journals ANALISIS PENGARUH EVA, ROA DAN ROE TERHADAP RETURN SAHAM PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK JAKARTA TAHUN 2006-2008

2014 ◽  
Vol 14 (02) ◽  
Author(s):  
Wikan Budi Utami
Keyword(s):  
Capital Market ◽  
Economic Value ◽  
Value Added ◽  
Economic Value Added ◽  
Return On Assets ◽  
Return On Equity ◽  
Purposive Sampling

Tujuan dalam penelitian ini adalah untuk mengetahui pengaruh EVA, ROA dan ROE terhadap return pemegang saham.Sampel yang diambil dalam penelitian ini adalah perusahaan manufaktur yang terdaftar di Bursa Efek Jakarta (BEJ) yang tercantum dalam Indonesian Capital Market Directory dan internet dengan situs www.jsx.co.id sejak tahun 2006 sampai dengan 2008. Sampel penelitian ditentukan berdasarkan purposive sampling. Dalam penelitian ini uji asumsi klasik yang digunakan adalah: uji normalitas, uji Autokorelasi, uji Multikolinearitas, uji Heterokedastisitas, Uji Regresi (Uji f dan t).Pengujian hipotesis yang digunakan adalah uji f, uji t dan uji R2. Hasil uji F diperoleh nilai Fhitung sebesar 1,226 dengan tingkat signifikansi 0,317. Karena nilai signifikansi F lebih besar dari 0,05 maka disimpulkan tidak ada pengaruh simultan antara variabel Economic Value Added (EVA), Return on Assets (ROA), Return on Equity (ROE) terhadap Return Saham.Hasil uji t diperoleh variabel EVA memiliki tingkat signifikansi lebih dari 0,05 yaitu sebesar 0,100. Dengan tingkat signifikansi 0,100 yang lebih besar dari 0,05 disimpulkan bahwa secara parsial Economic Value Added (EVA) tidak berpengaruh terhadap Return Saham perusahaan. Variabel ROA memiliki tingkat signifikansi lebih besar dari 0,05 yaitu sebesar 0,789. Dengan tingkat signifikansi 0,789 lebih besar dari 0,05 disimpulkan bahwa secara parsial Return on Asset tidak berpengaruh terhadap Return Saham perusahaan. Variabel ROE memiliki tingkat signifikansi lebih dari 0,05 yaitu sebesar 0,689. Dengan tingkat signifikansi sebesar 0,689 yang lebih besar dari 0,05 disimpulkan bahwa secara parsial Return on Equity (ROE) tidak berpengaruh terhadap Return Saham perusahaanHasil uji koefisien determinasi diperoleh nilai R2 sebesar 0,109 atau 10,9%. Hal ini menunjukan bahwa 10,9% dari nilai variabel dependen yaitu Return Saham dapat dijelaskan oleh Economic Value Added (EVA), Return on Assets (ROA) dan Return on Equity (ROE) sedangkan sisa nilai variabel dependen yaitu  sebesar 89,1% tidak dapat dijelaskan oleh persamaan regresi atau dipengaruhi oleh faktor lain yang tidak termasuk dalam model analisis.Hasil penelitian ini diharapkan dapat memberi masukan bagi investor dalam melakukan invetasi saham dengan tidak hanya melihat kondisi perusahaan melalui rasio keuangan, khususnya melalui rasio EVA, ROA dan ROE tapi dengan rasio lain sebagai penentu investasi.Kata kunci: Economic Value Added (EVA), Return on Assets (ROA), Return on Equity (ROE) dan Return Saham

scholarly journals PENGARUH ECONOMIC VALUE ADDED (EVA) DAN RASIO PROFITABILITAS TERHADAP HARGA SAHAM

2018 ◽  
Vol 2 (2) ◽  
pp. 290-303
Author(s):  
Venni Agnatia ◽  
Diah Amalia
Keyword(s):  
Coal Mining ◽  
Stock Price ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Economic Value ◽  
Value Added ◽  
Economic Value Added ◽  
Return On Equity ◽  
Total Data ◽  
Profitability Ratios

The purpose of this research is to analyze the effect of Economic Value Added (EVA) and profitability ratios partially and simultaneously to the coal mining company’s stock price. The profitability ratios used in this research as independent variable are Return on Asset (ROA), Return on Equity (ROE), Return on Investment (ROI) and Net Profit Margin (NPM) although the stock price as the dependent variable. The samples used were 14 companies from 25 coal mining companies listed in Indonesia Stock Exchange during the period 2011-2017 so total data processed is 98 samples. This research used linear regression analysis with Eviews version 9. The result indicated that partially the variable ROA and ROI has significant positive effect on stock price. EVA, ROE and NPM does not affect the stock price. All variables simultaneously affect to the stock price.   Keyword: EVA, ROA, ROE, ROI, NPM, Stock Price

scholarly journals PENGARUH DEBT TO EQUITY RATIO, RETURN ON ASSETS, PRICE EARNING RATIO DAN ECONOMIC VALUE ADDED TERHADAP RETURN SAHAM PADA PERUSAHAAN SUBSEKTOR PROPERTY DAN REAL ESTATE.

2018 ◽  
Vol 2 (1) ◽  
pp. 12-24
Author(s):  
Julyana Widjayanti ◽  
Risal Rinofah ◽  
Mujino Mujino
Keyword(s):  
Real Estate ◽  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Sampling Technique ◽  
Economic Value Added ◽  
Return On Assets ◽  
Equity Ratio

This study aims to determinethe effect of Debt to Equity Ratio, Return On Assets, Price Earning Ratio, and Economic Value Added on Stock Returns on Property and Real Estate companies listed on the Indonesia Stock Exchange (BEI) for the 2014-2018 period. The sampling technique is purposive sampling. Samples were obtained from 11 Property and Real Estate companies listed on the Indonesia Stock Exchange (IDX) for the 2014-2018 period. Based on the results of data analysis shows that Debt to Equity Ratio and Return On Assets have a positive and significant effect on Stock Return, Price Earning Ratio and Economic Value Added have a negative and no significant effect on Stock Return. Together Debt to Equity Ratio, Return On Assets, Price Earning Ratio, and Economic Value Added have a positive and significant effect on Stock Return.    

scholarly journals Assessment of the Efficiency of Different Forms of Financing

2019 ◽  
Vol 8 (3) ◽  
pp. 1989-1995
Keyword(s):  
Income Tax ◽  
Net Present Value ◽  
Economic Value ◽  
Value Added ◽  
Comprehensive Assessment ◽  
Economic Value Added ◽  
Present Value ◽  
Return On Equity ◽  
Investment Capital ◽  
Tax Savings

The study analyzes various criteria and forms for assessing the effectiveness of financing the activities of enterprises. A methodological toolkit has been developed for the comprehensive assessment of the effectiveness of various forms of financing the activities of enterprises, taking into account the significance of criteria. The following criteria are considered: tax savings on income tax excluding the time factor, cost of the i-th source of attraction, economic value added, increase in return on equity, the profitability of investment capital, net present value.

scholarly journals PENGARUH ECONOMIC VALUE ADDED (EVA) DAN MARKET VALUE ADDED (MVA) TERHADAP RETURN SAHAM PERUSAHAAN OTOMOTIF DI INDONESIA TAHUN 2007–2010

El Dinar ◽  
2014 ◽  
Vol 1 (02) ◽  
Author(s):  
Putri Kurnia Widiati
Keyword(s):  
Stock Return ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Stock Exchanges ◽  
Good Prediction ◽  
Economic Value Added ◽  
Market Value Added ◽  
Important Position

<p>This study analyzed the effect of Economic Value Added (EVA), Market Value Added (MVA) of otomotif companies Stock return listed on stock exchanges Indonesia, because otomotif companies have an important position on Indonesian Economics.Population of this research are otomotif company that listed on the Stock Exchange of Indonesia from 2007–2010 with sensus sampling method and multiple regresion analysis to analyzed. For the parsial side Market Value Added (MVA) has an influence to stock return of Otomotif Company that listed on the Stock Exchange. To get the trust from investor, otomotif company should have good performance with a good value of Market Value Added, because Market Value Added has significant effect to stock return; and have a good prediction about another factor that influence the stock return wich used histories data for the indicator.</p><p> </p>

scholarly journals PENGARUH FIRM SIZE, LEVERAGE DAN PROFITABILITY TERHADAP ECONOMIC VALUE ADDED (EVA) PADA EMITEN MANUFAKTUR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 7 (2) ◽  
pp. 33-46
Author(s):  
Maharani Rahma
Keyword(s):  
Panel Data ◽  
Firm Size ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Generalized Least Squares ◽  
Total Asset ◽  
Economic Value Added ◽  
Return On Equity ◽  
Independent Variables

The purpose of this research is to analyze the effect of the Firm Size, Leverage and Profitability Tto Economic Value Added on emiten manufactur in Indonesia Stock Exchange. The selected independent variables in this study are Total Asset, Debt to Equity Ratio (DER) and Return on Equity (ROE) and the dependent varable is Economic Value Added (EVA). This research was conducted on manufactur listed issuers in Indonesia Stock Exchange in 2010-2014 period. Research carried out by using 59 sampels based on stratefied random sampling method. Panel Data Regression Models with Generalized Least Squares (GLS) method is used to data analysis and hipothesis testing. The results of this research and hypothesis testing indicate that: (1) Partially,Total Assets,ROE have a possitively relationships with significantly affect to the EVA and DER have a possitvely relationships with not significantly affect to the EVA.(2) Total Asset, DER and Profitability simultaneously have possitively relationship with  significantly affect to the EVA. (3) model in this study showed a weak pattern relationships between the dependent variable with the independent variables. Keywords : Firm Size, Leverage, Profitability, Economic Value Added, panel data

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