scholarly journals Effect of DER, ROA, ROE, EPS and MVA on Stock Prices in Sharia Indonesian Stock Index

2019 ◽  
Vol 4 (1) ◽  
pp. 15-22
Author(s):  
Martina Rut Utami ◽  
Arif Darmawan
Keyword(s):  
Stock Prices ◽  
Panel Data Analysis ◽  
Value Added ◽  
Market Value ◽  
Stock Index ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Return On Equity ◽  
Equity Ratio ◽  
Market Value Added

The research examine the effect of debt to equity ratio, return on assets, return on equity, earning per share, market value added on stock prices in manufacturing companies listed in Indonesian Sharia Stock Index. The purposive sampling method is used in our research, resulted 53 companies as the samples with 265 observations. The research used data during 2012-2016 from Indonesia Stock Exchange database with panel data analysis. The research found that, earning per share and market value added have a positive effect on stock prices, but different results for the variables debt to equity ratio, return on assets and return on equity partially have no effect on stock prices.

scholarly journals - PENGARUH MARKET VALUE ADDED, RETURN ON ASSETSDAN RETURN ON EQUITY TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTY DAN REAL ESTATE YANGTERDAFTARDI BURSA EFEK INDONESIA PERIODE 2013 – 2017

2019 ◽  
Vol 8 (2) ◽  
pp. 90-108
Author(s):  
Maiya Liza
Keyword(s):  
Real Estate ◽  
Stock Prices ◽  
Sampling Method ◽  
Value Added ◽  
Market Value ◽  
Return On Assets ◽  
Return On Equity ◽  
Book Value ◽  
Asset Value ◽  
Market Value Added

This study aims to analyze the effect of Market Value Added, Return On Assets and Return On Equity on stock prices. The research object of property and real estate companies is 48 companies. Based on the purposive sampling method, a sample of 15 companies was obtained. The research method uses the classic assumption test and multiple linear analysis. The results of the study show that (1) Market Value Added has an effect on stock prices, because if the company has a higher stock market value than book value it is considered capable of creating wealth for shareholders. (2) Return On Asset does not affect stock prices, because the research sample has a low Return On Asset value, which is caused by a less significant increase in profit compared to an increase in assets. (3) Return On Equity does not affect stock prices, because if the company manages capital well then it can generate profits.

scholarly journals Analisis Pengaruh Likuiditas, Solvabilitas, dan Profitabilitas terhadap Market Value Added (MVA)

2012 ◽  
Vol 3 (1) ◽  
pp. 199
Author(s):  
Marsya Aisyana ◽  
Yen Sun
Keyword(s):  
Positive Impact ◽  
Value Added ◽  
Market Value ◽  
Sampling Technique ◽  
Debt Ratio ◽  
Return On Equity ◽  
Insignificant Effect ◽  
Equity Ratio ◽  
Market Value Added ◽  
Acid Test

This study aims for analyzing the influence of liquidity, solvability and profitability to market value added. There are 22 companies of LQ 45 used as samples during the period of 2007-2009. Sampling technique used in this study is purposive sampling. Furthermore, the statistical test used in the data analysis and hypothesis testing is multiple linear regressions. The independent variable consists of 6 variables; acid-test ratio, debt ratio, debt to equity ratio, times interest earned (TIE), return on asset (ROA) dan return on equity (ROE). While the dependent variable used is market value added (MVA). The result shows that only return on asset (ROA) has a significant and positive impact to market value added (MVA). Whereas, the acid-test ratio and debt ratio has a positive and insignificant effect, the debt to equity ratio, times interest earned (TIE), and return on equity (ROE) has a negative and insignificant effect to market value added (MVA).

scholarly journals CSR EFFECT ON MARKET AND FINANCIAL PERFORMANCE

El Dinar ◽  
2014 ◽  
Vol 1 (02) ◽  
Author(s):  
Dian Masita Dewi
Keyword(s):  
Financial Performance ◽  
Direct Effect ◽  
Research Result ◽  
Value Added ◽  
Market Value ◽  
Return On Assets ◽  
Return On Equity ◽  
Market Value Added ◽  
Positive Effect ◽  
Significant Direct Effect

<p>This study aims to predict causality model [33] effect of Corporate Social Responsibility on financial performance. This study also examines motivation of CSR implementation based on financial performance and market performance in non-financial public companies and banks that disclose CSR activities and listed at Indonesia Stock Exchange during 2007–2009. Numbers of samples were 46 companies. Data was analyzed by GSCA. Research result showed that there was a significant direct effect between CSR on Return on Assets (ROA), Return on Equity (ROE). In contrast, there was no significant direct effect between CSR on Market Value Added (MVA). In addition, there was a significant direct effect between Return on Assets (ROA) on CSR, Return on Equity (ROE) on CSR and there was no significant direct effect between Market Value Added (MVA) on CSR. There were three empirical findings novelties of this study. First, return on assets (ROA) has positive effect on CSR and otherwise CSR has positive effect on ROA. Second, ROE has positive effect on CSR and otherwise CSR has positive effect on ROE. Last, MVA affect on CSR and otherwise CSR affect on MVA.</p> <p> </p>

scholarly journals PENGARUH DER, ROA, ROE, EPS DAN MVA TERHADAP HARGA SAHAM PADA INDEKS SAHAM SYARIAH INDONESIA

2018 ◽  
Vol 2 (2) ◽  
pp. 206-218 ◽  
Author(s):  
Martina Rut Utami ◽  
Arif Darmawan
Keyword(s):  
Value Added ◽  
Market Value ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Total Data ◽  
Equity Ratio ◽  
Market Value Added

Penelitian ini bertujuan untuk menguji pengaruh Debt to Equity Ratio (DER), Return on Asset (ROA), Return on Equity (ROE), Earning Per Share (EPS), Market Value Added (MVA) terhadap harga saham pada perusahaan manufaktur yang terdaftar di Indeks Saham Syariah Indonesia (ISSI) periode 2012-2016. Penarikan sampel penelitian menggunakan metode purposive sampling. Sampel yang digunakan adalah 53 perusahaan selama periode 2012-2016 sehingga total data yang diolah adalah 265 observasi. Sumber data yang digunakan dalam penelitian ini data sekunder berupa laporan keuangan tahunan basis data dan BEI. Teknik analisis yang digunakan adalah regresi data panel uji chow dan uji hausman. Hasil dari menunjukkan EPS dan MVA secara parsial berpengaruh positif terhadap harga saham. Hasil pengujian berbeda untuk variabel DER, ROA dan ROE secara parsial tidak berpengaruh terhadap harga saham.

scholarly journals PENGARUH DEBT TO EQUITY RATIO, EARNING PER SHARE, DAN MARKET VALUE ADDED TERHADAP HARGA SAHAM PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2015-2017

2020 ◽  
Vol 6 (12) ◽  
pp. 2527
Author(s):  
Risky Okta Dwi Putra ◽  
Ari Prasetyo
Keyword(s):  
Stock Prices ◽  
Value Added ◽  
Market Value ◽  
Purposive Sampling ◽  
Equity Ratio ◽  
Market Value Added ◽  
Determine Effect ◽  
Observation Period

This study aims to determine Effect of Debt to Equality Ratio (DER), Earning per Share (EPS), Market Value Added and to the Company's Stock Prices Registered in the Jakarta Islamic Index partially or simultaneously. The population in this study are companies listed in the Jakarta Islamic Index (JII). The sample used in this study were 14 companies registered in the Jakarta Islamic Index that met the criteria of purposive sampling. The research observation period starts from 2015 to 2017.Keywords: DER, EPS, Market Value, JII

scholarly journals Analisis Pengaruh Rasio Nilai Pasar, Solvabilitas Dan Profitabilitasterhadap Harga Saham Pada Perusahaan Yang Terdaftar Di Indeks Lq-45 Tahun 2013 - 2017

2019 ◽  
Vol 3 (1) ◽  
Author(s):  
Bode Verry Fair Sitorus
Keyword(s):  
Stock Prices ◽  
Market Value ◽  
Sampling Technique ◽  
Profit Margin ◽  
Price Ratio ◽  
Return On Assets ◽  
Return On Equity ◽  
Book Value ◽  
Net Profit ◽  
Equity Ratio

This study aims to help investors or prospective investors in making decisions in investing in the capital market by analyzing the influence of financial ratios, namely market value ratios, solvency and profitability that affect stock prices in companies that are consistently registered in the LQ-45 period 2013-2017 . The market value ratio used is Price to Earning Ratio (PER) and Price to Book Value (PBV), the solvency ratio used is Debt to Assets Ratio (DAR) and Debt to Equity Ratio (DER) while the profitability ratio used is Return On Assets (ROA), Return On Equity (ROE) and Net Profit Margin (NPM). This study uses a purposive sampling technique with a sample of 24 LQ45 issuers who meet the research criteria for the period 2013-2017 from 45 existing issuers. The results of this study that stock prices can be explained as much as 24.68% by Price to Book Value (PBV), Debt to Assets Ratio (DAR), Debt to Equity Ratio (DER), Return On Assets (ROA), Return On Equity ( ROE) and Net Profit Margin (NPM. Simultaneously all independent variables have an effect on stock prices while from the seven variables, only the Price to Book Value (PBV) variable has an effect on stock prices. Therefore investors or potential investors should pay attention to the Price ratio. to Book Value (PBV) as a reference in investing.

scholarly journals ECONOMIC VALUE ADDED, MARKET VALUE ADDED, DAN KINERJA KEUANGAN TERHADAP RETURN SAHAM

Media Bisnis ◽  
2021 ◽  
Vol 13 (1) ◽  
pp. 77-88
Author(s):  
RUTJI SATWIKO ◽  
VLADIMIR AGUSTO
Keyword(s):  
Stock Returns ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Economic Value Added ◽  
Return On Equity ◽  
Net Profit ◽  
Equity Ratio ◽  
Market Value Added

The research objective is to determine the variables that affect stock returns. The independent variables used in this study are economic value added, market value added, debt to equity ratio, price to book value, total assets turnover, return on equity, net profit margin, and earnings per share. The dependent variable in this study is stock returns. The population in this study were non-financial companies listed on the Indonesia Stock Exchange for 5 consecutive years, from 2013 to 2017. The sample selection method used was purposive sampling. The research sample is 52 non-financial companies listed on the Indonesia Stock Exchange. Hypothesis testing uses multiple regression models. The results indicate that economic value added, debt to equity ratio, total assets turnover, net profit margin, and earnings per share have no effect on stock returns. However, market value added and return on equity have a positive effect on stock returns. Meanwhile, price to book value has a negative effect on stock returns.

scholarly journals Pengaruh Return On Equity, Debt to Equity Ratio, Basic Earning Power, Economic Value Added dan Market Value Added Terhadap Return Saham

2021 ◽  
pp. 148-159
Author(s):  
Jie Lydia Irawan
Keyword(s):  
Stock Returns ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Economic Value Added ◽  
Test Results ◽  
Return On Equity ◽  
Equity Ratio ◽  
Earning Power ◽  
Market Value Added

In investing, investors expect stock returns from their investment, using Return On Equity (ROE), Debt to Equity Ratio (DER), Basic Earning Power (BEP), Economic Value Added (EVA), and Market Value Added (MVA), which are expected to provide an overview and information about the company to be invested in.  The purpose of this study was to examine the effect of ROE, DER, BEP, EVA, and MVA on stock returns.The test uses multiple linear regression using a sample of 33 active companies that are always listed on the LQ45 index in 2017-2019 period.  The partial test results show that DER and BEP have an effect on stock returns, while ROE, EVA, and MVA have no effect on stock returns.  Simultaneous test results obtained ROE, DER, BEP, EVA, and MVA have an effect on stock returns. Investors should pay attention to the DER and BEP of the company because these variables have an effect on stock returns.  Keywords: Return On Equity, Debt to Equity Ratio, Basic Earning Power, Economic Value Added, Market Value Added,and Stock Return.

A. PENGARUH DEBT TO EQUITY RATIO (DER), RETURN ON ASSET (ROA), PRICE EARNING RATIO (PER) DAN MARKET VALUE ADDED (MVA) TERHADAP HARGA SAHAM PERUSAHAAN PROPERTI YANG TERDAFTAR DI BURSA EFEK INDONESIA

2018 ◽  
Vol 3 (2) ◽  
pp. 1
Author(s):  
Muhammad Agung Sudrajat ◽  
Irma Taufani, SST ◽  
Lailatus Sofiyah, S.Pd
Keyword(s):  
Asset Price ◽  
Value Added ◽  
Market Value ◽  
Purposive Sampling ◽  
Equity Ratio ◽  
Market Value Added

ABSTRAK Penelitian ini bertujuan untuk mengetahui pengaruh secara parsial maupun secara simultan Debt to Equity Ratio (DER), Return on Asset (ROA) ,Price Earning Ratio (PER) dan Market Value Added (MVA) terhadap harga saham. Teknik pengumpulan data pada penelitian ini menggunakan metode purposive sampling. Metode yang digunakan adalah analisis statistik regresi berganda dan data yang digunakan dalam penelitian ini adalah sekunder yang di peroleh dari Bursa Efek Indonesia selama 2017-2019. Dalam penelitian ini terdapat sampel yang digunakan sebanyak 22 perusahaan. Hasil penelitian secara parsial menunjukkan bahwa Debt to Equity Ratio (DER) dan Price Earning Ratio (PER) tidak berpengaruh signifikan terhadap harga saham sedangkan Return on Asset (ROA) dan Market Value Added (MVA) berpengaruh signifikan terhadap harga saham. Sedangkan hasil penelitian secara simultan menunjukkan bahwa Debt to Equity Ratio (DER), Return on Asset (ROA) ,Price Earning Ratio (PER) dan Market Value Added (MVA) secara simultan berpengaruh terhadap harga saham. Kata kunci : Debt to Equity Ratio, Return on Asset ,Price Earning Ratio, Market Value Added

scholarly journals Non-Interest Income and Financial Performance of Selected Deposit Money Banks in Nigeria

2020 ◽  
Vol 1 (3) ◽  
pp. 52-66
Author(s):  
Emmanuel Uniamikogbo ◽  
Emma I. Okoye ◽  
Akonye Chinazu
Keyword(s):  
Stock Exchange ◽  
Panel Data Analysis ◽  
Value Added ◽  
Market Value ◽  
Sampling Technique ◽  
Annual Reports ◽  
Analysis Method ◽  
Interest Income ◽  
Market Value Added ◽  
Positive Effect

This study examined the effect of e-banking income, fee income, and firm size on market value added of Deposit Money Banks in Nigeria. The eight banks categorised by Central Bank of Nigeria in 2014 to be Domestic Systematically Important banks were selected using the purposive sampling technique. Data collected from the annual reports and accounts and the Nigerian Stock Exchange website respectively for a period of 11 years (2008-2018) was used. The descriptive statistics and econometric analysis were employed using the Panel Data Analysis method. Findings from the study revealed that e-banking income and fee income each has a significant positive effect on market value added of DMBs in Nigeria. The study recommends that banks in Nigeria should further develop its internet and other electronic platforms that can improve its income from e-banking operations since e-banking income is shown to be a strong and emerging component that boosts banks' performance. Larger and investment-oriented banks should focus on increasing their share of interest income to become more stable.

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