scholarly journals PENGARUH RETURN ON ASSET DAN RETURN ON EQUITY TERHADAP HARGA SAHAM PADA PERUSAHAAN PT.ASTRA INTERNATIONAL Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA

2018 ◽  
Author(s):  
STIM Sukma

The purpose of this study was to determine whether there is influence of return on assets and return on equity to the share price at PT.Astra International Tbk listed on the Indonesia Stock Exchange. Sample research company PT.Astra International Tbk listed on the Indonesia Stock Exchange in the form of complete financial statements for the years 2011 to 2015, sampling using a convenience sampling, namely the determination of the sample based on the desire of researchers. Test data analysis using linear regression, hypothesis testing using the coefficient of determination (R2), partial test (t test) and a simultaneous test (f test), while the data processing using SPSS. The results showed that test the coefficient of determination (R2) ROA and ROE were able to explain the existence of the stock price variable, but it simultaneously ROA and ROE and no significant positive effect on stock prices in companies PT.Astra International Tbk in Indonesia Stock Exchange , while partial showed that ROA does not affect the stock price but ROE and no significant effect on the price of shares in the company PT.Astra International Tbk in Indonesia stock Exchange.

2020 ◽  
Vol 1 (2) ◽  
pp. 102-116
Author(s):  
Sri Wahyuni Jamal ◽  

This study aims to analyze systematic risk, earnings per share, price to earnings ratio, return on equity, and return on assets on stock prices in pharmaceutical companies listed on the Indonesia Stock Exchange. The method used in this research is quantitative method. Data collection techniques are carried out through secondary data that is data obtained indirectly by studying documents related to research. This study uses SPSS 22. Data analysis techniques with multiple linear regression. After conducting research with the hypothesis test found that partially the Return on Equity and Return on Assets variables significantly influence the stock price while the systematic risk variable, Earning per Share and Price Earning Ratio do not significantly influence the stock price. Then simultaneously using the F test, found systematic risk variables, Earning per Share, Price Earning Ratio, Return on Equity and Return on Assets simultaneously or simultaneously have a significant effect on stock prices on Pharmaceutical companies listed on the Indonesia Stock Exchange. This is a factor that should be considered by investors and companies alike, to pay more attention to the factors that contribute to the share price for the long-term sustainability of the company.


2020 ◽  
Vol 5 (2) ◽  
pp. 185-191
Author(s):  
Neni Marlina Br Purba ◽  
Handra Tipa

This research is intended to understand how the Fundamental Factors of Financial Rratios Against Share Pricees in LQ45 Companies listed on the Indonesia Stock Exchangge. Which includes fundamental factors, namely Return on Equity (ROE), Returnt on Asset (ROA), Debt to Equity Ratio (DER), Debt to Asset Ratio (DAR), Current Ratio (CR), Earning Per Share (EPS). All LQ45 companies listed on the Indonesia Stock Exchange (IDX) from 2014 to 2018 are the populationt. Samples were taken bye determining criteria in accordance with the research objectives. The results of the data are then proccessed using the classical assumption test. Then the hypothesis is tested by multiple linear regression test, simultaneous test (F test), partial test (t test) and determination test (R2 test). Based on the test results with the help of SPSS, it is partially obbtained fundamental factcors which include Return on Equity (ROE) and Earning Per Share (EPS) have a significant effeect on stock prices. Meanwhille, stock prices are affected but not significantly by Return on Assets (ROA), Debt to Asset Ratio (DAR), and Currennt Ratio (CR). Through a joint test, the stock price is also significantly influenced by all the variables included in the fundamental factors.


ProBank ◽  
2018 ◽  
Vol 3 (2) ◽  
pp. 17-21
Author(s):  
Heriyanta Budi Utama ◽  
Florianus Dimas Gunurdya Putra Wardana

The purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015. The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression. The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share priceThe purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015.The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression.The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share 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.


2021 ◽  
Vol 2 (2) ◽  
pp. 264-274
Author(s):  
Roslina ◽  
Alwi

Before investing, investors must know and choose stocks that can provide benefits by assessing the ratio of return on assets (ROA) and return on equity (ROE). This study aims to observe and analyze the effect of return on assets (ROA) and return on equity (ROE) on the stock price of Pt. Indosat Tbk. This research is an associative type, using quantitative data from secondary data sources. The population in this study is the Financial Statements of Pt. Indosat, Tbk. Which is calculated from the beginning of going public for the period 1994-2020, which is for 25 years. The sample used is the period 2006-2019, which is 14 years at Pt.IndosatTbk which is listed on the Indonesian stock exchange. The sampling technique used in this study is purposive sampling with the sampling criteria in this study are updated financial statement data for 14 years from 2006-2019. 2019. The research instrument used is in the form of financial statement data consisting of a statement of net income, total assets, total equity and profit and loss of the company to get the share price value for the period 2006-2019. Data collection techniques used are documentation and literature study. The data analysis technique used is the classical assumption test, multiple linear regression analysis, multiple correlation coefficients, determination test, t test and f test. The results showed that return on assets (ROA) and return on equity (ROE) had a significant effect on the stock price of PT. Indosat Tbk.


Author(s):  
Ha Sudoni ◽  
Eti Suminartika ◽  
Ernah Ernah

Perkebunan kelapa sawit dengan komoditas utama minyak sawit atau Crude Palm Oil (CPO) merupakan sektor strategis dalam perekonomian Indonesia dengan memberikan kontribusi di tahun 2017 senilai USD 18,28 milyar atau 9,6 % terhadap ekspor nasional. Meski demikian sepanjang tahun 2010 sampai dengan tahun 2018 harga CPO dalam trend menurun. Penurunan harga CPO ini sejalan dengan penurunan harga saham perkebunan kelapa sawit di Bursa Efek Indonesia. PT London Sumatra Indonesia Tbk merupakan salah satu perusahaan perkebunan kelapa sawit yang harga sahamnya mengalami penurunan. Oleh karena itu investor yang akan berinvestasi di sektor perkebunan melalui bursa efek perlu melakukan penilaian dalam pengambilan keputusan investasi. Penelitian ini bertujuan mengidentifikasi faktor-faktor yang memengaruhi harga saham PT London Sumatra Indonesia Tbk. Hasil penelitian dengan menggunakan alat analisis regresi linier berganda didapat faktor-faktor yang memengaruhi harga saham PT London Sumatra Indonesia Tbk adalah harga CPO, harga saham market leader, kurs rupiah, Return On Equity dan Earning Per Share.Kata Kunci: Harga saham, Harga CPO, Saham market leader, Return On Equity, Earning Per ShareABSTRACTOil palm plantations with the main commodity palm oil or Crude Palm Oil (CPO) are a strategic sector in the Indonesian economy by contributing in 2017 valued at USD 18.28 billion or 9.6% of national exports. However, throughout 2010 up to 2018 CPO prices were in a downward trend. The decline in CPO prices is in line with the decline in the prices of oil palm plantations on the Indonesia Stock Exchange. PT London Sumatra Indonesia Tbk is a palm oil plantation company whose share price has decreased. Therefore investors who will invest in the plantation sector through the stock exchange need to make an assessment in making investment decisions. This study aims to identify the factors that influence the stock prices of PT London Sumatra Indonesia Tbk. The results of the study using multiple linear regression analysis tools obtained factors that influence the price of PT London Sumatra Indonesia Tbk stock prices are CPO prices, market leader stock prices, rupiah exchange rates, Return On Equity and Earning Per Share.Keywords: Stock price, CPO price, Market leader stock, Return On Equity, Earning Per Share


2020 ◽  
Vol 5 (2) ◽  
pp. 218
Author(s):  
Haidar Abdullah ◽  
Salamatun Asakdiyah

This study aimed to examine the effect of profitability ratio on stock price of companies  listed  in  LQ45  index  in  Indonesia  Stock  Exchange  (BEI).  Profitability ratios here in include Net Profit Margin (NPM), Return on Assets (ROA), Return on Equity (ROE),  and Eearning Per Share  (EPS). This study  was conducted to assess the financial performance of the company to generate earnings from an investment.This study uses secondary data. The population in this study is the companies included in the LQ45 index from  2010-2013 amounting to 78. The total sample is 16 companies  belonging  to  and  representing  several  sectors  including  the  financial sector companies, automotive, property, plantation, infrastructure, mining, industrial cement, as well as the consumer goods  industry are consistently incorporated in the four observation period 2010-2013 in LQ45 index that has been determined through purposive  sampling  method.  Method  of  hypothesis  testing  using  Classical Assumption  Test,  Regression,  t  test,  F  test,  and  the  coefficient  of  determination  by alpha (α) of 5%.Regression analysis showed that in partial Net Profit Margin (NPM), Return on Assets (ROA) and Return On Equity (ROE) significantly influence the stock price while the variable Eearning Per Share (EPS) has no significant effect on stock price. Simultaneously  all  variables  Net  Profit  Margin  (NPM),  Return  on  Assets  (ROA), Return on Equity (ROE), and Eearning Per Share (EPS) have a significant effect on stock price. The value of coefficient of determination (R2) of  0.899, which means that the independent variable Net Profit Margin (NPM), Return on Assets (ROA), Return on Equity (ROE), and Eearning Per Share (EPS) is able to explain the variation of the dependent variable stock price by 89,9%, while the remaining 10.1 % is explained by other variables outside of the variables used in the study.


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%.


2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Charista Nurul Mafazah

The aim of this research to examine are there impact of ROA, ROE, EPS, PER, and DER as an independent variable whit stock price as dependent variable on 10 real estate companies listed in Indonesia stock exchange and have financial statements in the period 2013–2016 so that the unit of analysis obtained is 40 financial statement list real estate company. The research variable consisted on independent variable in the form of return on asset (X1), return on equity (X2), earning per share (X3), price earning ratio (X4), debt to equity ratio (X5), and stock price (Y) as a dependent variable. Methods of data collection in of this research is the method of documentation. Data analysis technique were use multiple linier regression. Based on the results of regression analysis known that influence of return on asset, return on equity, earning per share, price earning ratio, and debt to equity ratio and simultaneously influence the stock price on the Indonesia stock exchange in period 2013–2016 at 92,8% while the rest influenced by other variables is not examined in this research. Partially, return on asset and earning per share significantly influence to stock prices, while return on equity, price earning ratio, debt to equity ratio but not significant effect on stock prices.


Owner ◽  
2020 ◽  
Vol 4 (2) ◽  
pp. 387
Author(s):  
Yosephin Windy Olyvia Siagian ◽  
Remaya Sinaga ◽  
Elisabet Sinaga ◽  
Jholant Bringg Luck Amelia Br.Sinaga

ABSTRACT This study is examined in order to explore how much influence Earning Per Share (EPS), Return On Equity (ROE), and Price Book Value (PBV) simultaneously and partially on stock prices on Banking Companies listed on the Indonesia Stock Exchange in 2015-2017 . This type of research used quantitative descriptive by nature sourced in the explanation stage where the research is more inclined to temperament cause or effect. The analytical method used is multiple linear regression method. The research approach used is a quantitative approach. The population quantity of 43 agencies over a total sample of 31 companies so that the total number of samples to be studied was 93 observations (31 x 3). The analysis value of the coefficient of determination is obtained from Adjusted R Square 0.942 with the intention that stock price variables can be explained in variations of EPS, ROE, and PBV variables of 94.2% while the remaining 5.8% is explained by other independent variables. The conclusions in the results of observations indicate partially EPS and PBV have a positive and significant effect on stock prices, partially ROE has a negative and significant effect on stock prices. Simultaneously, EPS, ROE and PBV have a significant effect on stock prices on Banking Companies listed on the Indonesia Stock Exchange in 2015-2017. Keywords: Earning Per Share (EPS), Return On Equity (ROE), Price Book Value (PBV), Stock Prices


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