scholarly journals The Effects of Technical and Fundamental Factors on the Investment Decision and the Company Value in the Agricultural Sector

2020 ◽  
Vol 1 (6) ◽  
pp. 411-425
Author(s):  
Mamay Komarudin ◽  
Naufal Affandi
Keyword(s):  
Stock Price ◽  
Trading Volume ◽  
Agricultural Sector ◽  
Stock Exchange ◽  
Investment Decision ◽  
The Other ◽  
Book Value ◽  
Positive Effects ◽  
Company Value ◽  
Equity Ratio

This study aims to analyze the influences of technical variables, which consist of the stock price and the Total Volume Activity (TVA), as well as fundamental variables, which consist of the Price Book Value (PBV) and the Debt to Equity Ratio (DER) on the investment decisions and the company value measured by using the PER of some companies of agricultural sector listed in the Indonesian Stock Exchange. Path analysis is used as the data analysis method. The research results show that one of the technical factors that significantly influences the investment decision and the company value is the stock price. Meanwhile, one of the fundamental factors that influences the investment decision and the company value is the PBV. The hypothesis testing showing that the stock price factor and the PBV factor have positive effects on the value of agricultural sector company is proven or accepted. On the other hand, the other variables, according to theorema trimming, are proved to be not includable in the path calculation if the path is proved to be insignificant, in this case the DER and the trading volume variable

scholarly journals THE EFFECT OF FINANCIAL PERFORMANCE ON STOCK PRICE AT PHARMACEUTICAL SUB-SECTOR COMPANY LISTED IN INDONESIA STOCK EXCHANGE

2017 ◽  
Vol 3 (2) ◽  
pp. 94-107
Author(s):  
Edhi Asmirantho ◽  
Oktiviani Kusumah Somantri
Keyword(s):  
Regression Analysis ◽  
Stock Price ◽  
Stock Exchange ◽  
Investment Decision ◽  
The Other ◽  
Current Ratio ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Inferential Statistic ◽  
Equity Ratio

This study aims to determine the effect of likuidity, solvency, activity, profitability and market with Current Ratio (CR), Debt to Equity Ratio (DER), Total Assets Turnover (TATO), Return on Equity (ROE), and Earnings per Share(EPS), as indicators, of the pharmaceutical company listed in Indonesia Stock Exchange during the period 2012-2016 to stock price. The type of research is explanatory survey verification and research technique used is inferential statistic. In addition the analytical method used in this research is regression analysis of panel data, namely, t test, F test, and classical assumption of normality, multicollinearity, heteroscedasticity and autocorrelation tests with E-Views 9. The results showed that in partial EPS significantly effects stock price, while CR, ROE, DER, and TATO had not significantly effect the stock price. Adjusted R square value was 0,5040 which showed that CR, DER, TATO, ROE, and EPS influenced the dependent variable by 50,40%, while the remaining 49,6% was influenced by other variables. It can be conluded that in sub sector pharmaceutical, investors were more concerned about the companys EPS instead of other variables. On the other hand, investors simultaneously concerned the CR, DER, TATO, ROE, and EPS in their investment decision and also other variables which were not included in this research.Keywords: Current Ratio, Debt to Equity Ratio, Total Assets Turnover, Return on Equity, Earning Per Share, Stock Price

scholarly journals INVESTMENT DECISION, MARKET CAPITALIZATION, AND COMPANY VALUE

2020 ◽  
Vol 8 (12) ◽  
pp. 696-704
Author(s):  
Hais Dama ◽  
◽  
Meriyana Franssisca Dungga ◽  
Firdza Salma Hasiru ◽  
◽  
...  
Keyword(s):  
Stock Price ◽  
Regression Coefficient ◽  
Stock Exchange ◽  
Investment Decision ◽  
Well Being ◽  
Market Capitalization ◽  
Company Value ◽  
Quantitative Descriptive ◽  
A Company ◽  
Descriptive Method

A company that canincrease its value will also be able to improve the well-being of the owner or the shareholders. To a company that issues stocks in the capital market, the stock price in the stock exchange is the indicator of a companys value. Good company value is identified from the companys performance it is also identified from the stable or increasing stock price.This present study analyzed the influence of investment decision and market capitalization on company value. It involved companies listed in the Jakarta Islamic Index (JII), and aimed to formulate a matter of consideration for investors. A quantitative descriptive method was employed to investigate the correlation and influence between variables. The result showed that: (1) investment decisionpartially influenced company value with regression coefficient value of 1.721 and significance value of 0.000 (2) market capitalization partially influenced company value with regression coefficient value of -0.163 and significance value of 0.041 (3) investment decision and market capitalization simultaneously influenced company value of companies listed in the JII with f-count value of 330.698 and significance value of 0.000. Moreover, the adjusted R2 test acquired value of 0.924. The number indicated that company value was influenced by investment decisionand market capitalization by 92.4 percent, while the rest 7.6 percent was due to other variables.

scholarly journals THE IMPACT OF DIVIDEND POLICY AND CAPITAL STRUCTURE ON FIRM VALUE IN AGRICULTURAL SECTOR

2021 ◽  
Vol 11 (1) ◽  
pp. 1-20
Author(s):  
Senny Luckyardi ◽  
Kamelia Agustini ◽  
Nugraha Nugraha ◽  
Maya Sari
Keyword(s):  
Capital Structure ◽  
Firm Value ◽  
Dividend Policy ◽  
Agricultural Sector ◽  
Stock Exchange ◽  
Verification Method ◽  
Company Value ◽  
Equity Ratio ◽  
The Impact

This study aims to determine the effect of Dividend Policy and Capital Structure on Agricultural Sector’s Company Value. The research method used in this study is verification method with quantitative approach. The case study was conducted on agricultural sector companies listed on the Indonesia Stock Exchange in 2015-2019. The sample used is Price Book Value (PBV) and Debt to Equity Ratio (DER) in 14 agricultural sector companies obtained from Financial Statements published on the Indonesia Stock Exchange website: www.idx.co.id for the period 2015-2019. The results showed that the variables of Dividend Policy and Capital Structure had a negative and not significant effect on company value.

scholarly journals Pengaruh Likuiditas, Kebijakan Hutang, Pertumbuhan Perusahaan dan Ukuran Perusahaan Terhadap Nilai Perusahaan dengan Profitabilitas Sebagai Variabel Intervening pada Perusahaan Sub Sektor Farmasi Di Bursa Efek Indonesia Periode 2014 – 2019

2021 ◽  
Vol 6 (1) ◽  
pp. 68
Author(s):  
Suryanti Suryanti ◽  
Arna Suryani ◽  
Yunan Surono
Keyword(s):  
Stock Exchange ◽  
Return On Equity ◽  
Financial Report ◽  
Book Value ◽  
Company Value ◽  
Free Variables ◽  
Equity Ratio ◽  
Total Influence ◽  
Company Growth ◽  
Debt Policy

This study is to look at the influence of Liquidity, Debt Policy, Company Growth And Company Size on Company Value With Profitability As Intervening Variable In Pharmaceutical Sub-Sector Companies on Indonesia Stock Exchange Period 2014 - 2019. Liquidity variables that are diproxykan with current ratio, debt policy that is diproxykan with debt to equity ratio, growth of the company that is diproxykan with changes in total assets and the size of the company that is diproxykan with normal logarithm (Ln) sales to the value of the company that is mortgaged with price to book value with profitability diproxykan with return on equity as intervening variables. The research sample used is the Pharmaceutical Sub Sector on the Indonesia Stock Exchange during the 6-year observation period, starting from 2014 - 2019 recorded as many as 10 companies, which have a complete financial report and which have a complete research indicator report in the annual financial report during the research period as many as 8 companies. This study used purposive sampling and data analysis techniques using the help of microsoft Excell and SPSS 22.0 software. with Path Analysis. The results showed that; 1) Simultaneously all free variables have no effect on bound variables whereas that partially only the growth variables of the company are diproxykan with changes in total assets that affect the variable profitability. 2) Simultaneously all free variables have a significant effect on bound variables whereas partially only the growth variables of the company are diproxykan with changes in total assets that have no effect on the variable value of the company. 3) Variable profitability diproxykan with return on equity has no effect on the variable value of the company that is diproxykan with price to book value. 4) Variable liquidity, debt policy, company growth and the size of the company to the value of the company with profitability as an intervening variable has a total influence of 11.1838%, the large influence including weak.

scholarly journals Pengaruh Current Ratio, Debt To Equity Ratio Dan Price Book Value Terhadap Harga Saham Pada Sub Sektor Transportasi Yang Terdaftar Di Bei Periode 2012-2016

2018 ◽  
Vol 23 (3) ◽  
pp. 403
Author(s):  
Sri Anah, Iwan Firdaus, Erna Alliffah
Keyword(s):  
Stock Price ◽  
Stock Exchange ◽  
Random Effect ◽  
Sample Selection ◽  
Current Ratio ◽  
Book Value ◽  
Panel Data Regression ◽  
Data Regression ◽  
Equity Ratio ◽  
Partial Current

This research is to find out the influence of current ratio, debt to equity ratio, and price book value to stock price on companies listed in Indonesia Stock Exchange transportation sub sector. The sample selection in this research using purposive sampling. The research data is obtained from Indonesia Stock Exchange. The method used in this research is panel data regression analysis and it is found that the more appropriate model used is random effect. From result of research got partially show that price book value variable have positive and significant effect to stock price. However, the partial current ratio variable have positive and no significant effect on the stock price and the variable of debt to equity ratio partially have negative and no significant effect on the stock price.

scholarly journals Analisis Fundamental dan Teknikal terhadap Harga Saham pada Perusahaan Utilitas dan Transportasi

2021 ◽  
Vol 31 (2) ◽  
pp. 499
Author(s):  
Christina Christina ◽  
Sulastri Halim ◽  
Valentina Angrensia ◽  
Arie Pratania Putri
Keyword(s):  
Stock Price ◽  
Trading Volume ◽  
Technical Analysis ◽  
Fundamental Analysis ◽  
Current Ratio ◽  
Book Value ◽  
Asset Turnover ◽  
Equity Ratio

The purpose of this research is to known if fundamental and technical analysis could affect the price of stock. Furthermore each of analysis have several factor to determine the stock price, as for fundamental analysis we will use current ratio, DER, and ROA while for the technical analysis we will use IHSG and trading volume. From the population of 69 company we pick 18 sample that suit the analysis, for the regression it will use multiply 5 because of the independent variabel. According to the partial research, there are only two factor that have significant impact to the price of stock, it is DER And ROA, as for the rest of the factor it don’t really affect the price. Simultaneously the five variabel shown the effect to the stock price according to result of adjused r square amount of 29.1% . From the variation of stock price according to the variabel such as CR, DER , ROA. IHSG and trading volume, while the rest 70.9% affected by other factor such as company asset turnover, price earning ratio and price book value. Keywords: Current Ratio; Debt to Equity Ratio; IDX Composite; Return On Asset; Stock Price; Trading Volume.

scholarly journals The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock Exchange

2015 ◽  
Vol 6 (3) ◽  
pp. 431
Author(s):  
Mulyono Mulyono
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Manufacturing Industry ◽  
Stock Exchange ◽  
Positive Influence ◽  
Return On Assets ◽  
Book Value ◽  
Industry Sector ◽  
Price Earnings Ratio ◽  
Equity Ratio

The research objectives to examine the magnitude of the significant influence between financial ratios and the market based ratio toward the stock price of manufacturing industry sector in Indonesia Stock Exchange (IDX). In accordance IDX data by December 2013, the number of companies, included in the stock of the manufacturing industry sector, is 139 companies. Based on the analysis, it is concluded that the variable return on assets (ROA) and price to book value (PBV) has positive influence on stock prices. It can be interpreted that the higher the return on assets ratio and price to book value, the more positive influence on the increase of the stock price. The variable debt to equity ratio (DER) and price earnings ratio (PER) has negatively influence the stock price on the stock of manufacturing industry sector. This can be interpreted the higher the value of the debt to equity ratio and price earnings ratio, the more negatively influence on the decrease stock price.

scholarly journals The Influence of the Fundamental Factors on Plantation Companies’ Firm Value on the Indonesia Stock Exchange

2021 ◽  
Vol 1 (2) ◽  
Author(s):  
Siska Gita Pratiwi ◽  
Robiyanto Robiyanto ◽  
Harijono Harijono
Keyword(s):  
Firm Value ◽  
Agricultural Sector ◽  
Stock Exchange ◽  
Value Added ◽  
Secondary Data ◽  
Annual Reports ◽  
Managerial Ownership ◽  
Company Value ◽  
Equity Ratio

Objective: Indonesia’s economic growth is mostly supported by the agricultural sector in which the plantation sub-sector has a significant contribution to the primary sector in the sectoral index of Indonesia Stock Exchange (IDX). Plantation companies have a long-term goal of maximizing shareholder prosperity by increasing company values. This study aimed to determine the influence of fundamental factors on company values of plantation companies listed on the IDX during 2015-2019. Research Design & Methods: This study used secondary data involving 8 samples of plantation companies listed on the IDX using a purposive sampling method and panel regression analysis techniques. Research data was taken from the annual reports on the IDX. Findings: The results showed that Managerial Ownership (MO), Debt to Equity Ratio (DER), Earnings per Share (EPS), and Company Age (AGE) have a positive correlation to Firm Value (FV). However, the probability of MO, EPS, AGE is not significant and only DER has a significant effect on FV. Recommendations: There is a blemish in research for further research that is expanding the scope of research, and future studies is suggested to analyze the fundamental influence on FV before and during the Covid-19 period. This cannot be done in this study because the data is still limited. Contribution & Value Added: This result contributes to the financial literature and can be a consideration for investors in investment based on company value.

scholarly journals PENGARUH RETURN ON ASSETS RETURN ON EQUITY DEBT TO EQUITY RATIO DAN BOOK VALUE PER SHARE TERHADAP HARGA SAHAM

2020 ◽  
Vol 5 (2) ◽  
pp. 145
Author(s):  
Nyayu Khairani Putri ◽  
Dian Septianti
Keyword(s):  
Regression Analysis ◽  
Multiple Regression Analysis ◽  
Multiple Regression ◽  
Stock Price ◽  
Stock Exchange ◽  
Return On Assets ◽  
Return On Equity ◽  
Book Value ◽  
Manufacture Sector ◽  
Equity Ratio

The purpose in this research is to explain the influence Return On Assets (ROA), Return On Equity (ROE), Debt to Equity Ratio (DER), and Book Value per Share (BVS) on stock price in the manufacture sector at Indonesian Stock Exchange. Sample in this study were 50 companies in manufacture sector in period 2015-2017. Data were chosen by using purposive sampling. Data were analyzed by using multiple regression analysis. The result of the research showed; ROA and BVS has positive and significant effect on stock price. ROE have negative but not significant effect on stock price. DER has positive but not significant effect on stock price.

scholarly journals VOLATILITAS HARGA SAHAM PADA SEKTOR PERTANIAN DI INDONESIA

2021 ◽  
Vol 9 (1) ◽  
Author(s):  
Dhistianti Mei Rahmawantari
Keyword(s):  
Stock Price ◽  
Trading Volume ◽  
Stock Exchange ◽  
Price Volatility ◽  
Profit Margin ◽  
Stock Price Volatility ◽  
Return On Equity ◽  
Book Value ◽  
Analysis Technique ◽  
Net Profit

<em>This study aimed to analyze the influence of trading volume, dividend yield, debt to equity ratio and interest rate to stock price volatility companies listed on the Indonesia Stock Exchange in the period of year 2017-2019. The populations of this study are all agriculture companies listed in Indonesia Stock Exchange (IDX) in the period of year 2017 to 2019.  It obtained only seven companies samples from total population with technique purposive sampling method. The data analysis technique used is smartPLS software. The results showed that the volatility of the stock price can by earning per share, net profit margin, price to book value, price earning ratio, return on equity, and trading volum,. Net profit margin, price to book value and trading volume have significant effect on stock price volatility while the rest of variables stated otherwise.</em>

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