scholarly journals FINANCIAL RATIOS AND ANALYSIS OF TATA MOTORS

2020 ◽  
pp. 17-31
Author(s):  
MD Qamar Azam ◽  
MD Abrar Alam
Keyword(s):  
Market Value ◽  
Share Price ◽  
Financial Ratios ◽  
Financial Health ◽  
Book Value ◽  
Financial Conditions ◽  
Level Data ◽  
Equity Ratio ◽  
Earning Power

The paper investigates the financial health of Tata Motors in comparison with the Maruti Suzuki, Ashok Leyland, and SML Isuzu & Force motors for the period 2006-2016 on the aggregate market level data. Debt to total assets is approx. 60-70% which is above the average. Debt to equity ratio is moving between 1.5 to 2.2 which is bad for any company. In the case of the liquidity ratios which are very low relatively to industry. Further, earning per share, price to earning ratio, earning power & market value to book value all these ratios are below and its moving around zero. Overall Tata motors financial ratios indicates that its financial conditions are under performance. KEYWORDS: Tata Motors; Financial Ratios

PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN LQ45 PERIODE 2013-2017

2019 ◽  
Vol 5 (1) ◽  
pp. 1-17
Author(s):  
Nuri Maulana Ikhsan ◽  
Yohanes Rully Dermawan
Keyword(s):  
Stock Prices ◽  
Share Price ◽  
Financial Ratios ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Earnings Per Share ◽  
Asset Turnover ◽  
Equity Ratio

This study aims to determine the effect of financial ratios on stock prices. Financial ratios used in this study is the Current Ratio, Debt to Equity Ratio, Return On Equity, Total Asset Turnover, Earning Per Share, and Price to Book Value. The type of research used is quantitative to observe the effect of financial ratios on stock prices. This study used a purposive sampling method with a total sample of 20 companies registered in the LQ45 index for the period 2013-2017 and fulfilling the research criteria. The statistical method used is multiple linear regression analysis The results of this study indicate that partially, the variable debt to equity ratio, return on equity, total asset turnover, earnings per share, and price to book value have a significant partial effect on stock prices, while the current ratio variable does not have a partial significant effect on stock prices. Simultaneously the current ratio variable, debt to equity ratio, return on equity, total asset turnover, earnings per share, and price to book value have a significant simultaneous effect on stock prices. And the most dominant influential variable is earnings per share. Keywords:  Current Ratio, Debt to Equity Ratio, Return On Equity, Total Asset Turnover, Earning Per Share, Price to Book Value, and Stock Price.  

scholarly journals FAKTOR-FAKTOR YANG MEMPENGARUHI INVESTMENT OPPORTUNITY SET TERHADAP KEBIJAKAN HUTANG DAN FREE CASH FLOW

2018 ◽  
Vol 1 (2) ◽  
pp. 1-14
Author(s):  
Tumpal Manik
Keyword(s):  
Cash Flow ◽  
Capital Expenditure ◽  
Market Value ◽  
Free Cash Flow ◽  
Share Price ◽  
Price Ratio ◽  
Investment Opportunity ◽  
Book Value ◽  
Investment Opportunity Set ◽  
Equity Ratio

Penelitian ini bertujuan untuk menganalisis faktor-faktor yang mempengaruhi investment opportunity set terhadap kebijakan hutang dan free cash flow pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia tahun 2016 – 2017. Pengambilan sampel dilakukan dengan metode purposive sampling. Jumlah populasi 168 yang memenuhi kriteria sebanyak 40 perusahaan, maka data penelitian 40 x 2 tahun yaitu 80 data. Pengolahan data penelitian untuk menguji hipotesis penelitian secara simultan dan parsial. Hasil penelitian bahawa faktor-faktor yang mempengaruhi investment opportunity set terhadap kebijakan hutang berpengaruh singnifikan, antara lain proksi ios berdasarkan Market to Book Value of Assets Ratio sebesar 16,1%, Market to Book Value Equity Ratio sebesar 18,2%, Earning per Share Price Ratio (sebesar 19,1%, Capital Expenditure to Book Value Asset Ratio sebesar 17,6%, Capital Expenditure to Market Value of Assets Ratio sebesar 15%. Sedangkan investment opportunity set terhadap free cash flow berpengaruh signifikan

scholarly journals The Ability of Financial Ratios to Predict the Index of Banking Sector in Amman Stock Exchange: An empirical study

2021 ◽  
pp. 86-105
Author(s):  
Ahmad Abdallah Ahmed Alswalmeh ◽  
Mahmoud Hasan Salem Qaqish
Keyword(s):  
Banking Sector ◽  
Stock Exchange ◽  
Market Value ◽  
Financial Ratios ◽  
Debt Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Turnover Ratio ◽  
Amman Stock Exchange ◽  
Equity Ratio

The main objective of this study is to test the ability of the financial ratios (ownership ratio, liquidity ratio, debt ratio, stock turnover ratio, return on equity ratio, return on total assets ratio, and market value to book value ratio) to predict the index of the banking sector in Amman Stock Exchange (ASE) using yearly data during the period between 2000 and 2014. The study counts on fourteen banks listed on Amman Stock Exchange. Using the ordinary least square method (OLS), the seven selected variables against the index of the banking sector have been tested. The findings dictate the financial ratios can predict the index of the banking sector in Amman Stock Exchange and dictate a statistically significant positive relationship between the liquidity ratio, debt ratio, stock turnover ratio, return on total assets ratio, market value to book value ratio with the banking sector index in Amman Stock Exchange. In addition, the study showed a statistically significant negative relationship between, return on equity ratio and the banking sector index in Amman Stock Exchange. In contrast, there is no statistically significant relationship between the ownership ratio and the index of the banking sector in the Amman Stock Exchange.

scholarly journals Analysis Of Financial Health Level On Financial Performance In Cement Companies Listed On The Indonesian Stock Exchange (Idx)

2020 ◽  
Vol 18 (3) ◽  
pp. 125
Author(s):  
Dhea Zatira ◽  
Ria Puspitasari
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Market Value ◽  
Financial Health ◽  
Z Score ◽  
Working Capital ◽  
Book Value ◽  
Panel Data Regression ◽  
Data Regression ◽  
Retained Earnings

This study aims to analyze the Level of Financial Soundness on Financial Performance in Cement Companies that are Go Public Listed on the Indonesia Stock Exchange (BEI). Analysis of the level of financial health using the Altman Z-Score with several ratios, namely the ratio of Working Capital to Total Assets (X1), the ratio of retained earnings to total assets (X2), the ratio of EBIT to Total Assets (X3), the ratio of stock market value to book value ofabilities (X4), the ratio of Sales to Total Assets (X5) to the dependent variable on Financial Performance (Return on Assets). The data analysis technique used in this research is the Altman Z-Score with the criteria for bankruptcy and to find its effect with the panel data regression model assisted by E-Views software. The results of the calculation and analysis of the Z-Score criteria in cement companies in Indonesia, it is known that there is no cement company whose company finances are stated in a healthy condition. One company is prone to bankruptcy (gray zone) while the rest according to the Z-Score criteria are bankrupt. Furthermore, based on the panel data regression examiner simultaneously the five independent variables on financial performance (Y), while partially the working capital ratio to total assets (X1) affects financial performance (Y), the retained earnings ratio to total assets (X2) has no effect on Financial performance (Y), EBIT ratio to total assets (X3) affects financial performance (Y), stock market value ratio to book value of liabilities (X4) has no effect on financial performance (Y), Sales to Total Assets ratio (X5) affect financial performance.

scholarly journals Predicting Stock Return of UAE Listed Companies Using Financial Ratios

2019 ◽  
Vol 8 (2) ◽  
pp. 214
Author(s):  
Arindam Banerjee
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Share Price ◽  
Financial Ratios ◽  
P Value ◽  
Dividend Yield ◽  
Value Analysis ◽  
Return On Equity ◽  
Equity Ratio ◽  
The Impact

Over the past few decades, numerous research across the globe has been conducted to examine the impact of firm performance on its stock return. The findings of these studies have been varied. In spite of the long standing research in this area, several attempt towards exploring this relationship has led to limited success owing largely to the existence of volatility across different stock markets. The variance in the volatility in these markets make it extremely difficult to obtain a uniform measure. A volatile stock market makes it difficult for the accounting and financial variables to accurately predict the stock returns (Feris & Erin, 2018).  The primary aim of this paper is aimed to investigate whether financial ratios can be used as a predictor of stock returns in the context of United Arab Emirates (UAE). The sample of the study includes thirty companies from the Dubai Financial Market (DFM) and Abu Dhabi stock exchange (ADX). Data is collected for the period of 2017. This research comprises of five independent variables namely, Earning Per Share ratio (EPS), Price Earning ratio (PE), Return on Equity ratio (ROE), Dividend Yield ratio (DY) and Debt Equity ratio (DE) and stock return is taken as the dependent variable. The study examines which among the given ratios can better predict stock returns both in the short run and the long run. The analysis is based on the regression analysis and correlation matrix. The results of correlation test revealed less multicollinearity between the variables and the regression results showed that Dividend Yield and the Return on Equity are statistically significant to predict the stock returns. However, Earning Per Share, Price Earning and Debt Equity could not predict the stock returns and thus can be safely considered as statistically insignificant. The t-stats test and p-value analysis were key indicators for arriving at the conclusion. The study can significantly benefit investors who can examine closely the dividend yield and return on equity while selecting an optimal portfolio. 

scholarly journals PENGARUH RETURN ON ASSETS, DEBT TO EQUITY RATIO, PRICE EARNING RATIO DAN FIRM-SIZE TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN KATEGORI INDEKS LQ-45 DI BURSA EFEK INDONESIA

2018 ◽  
Vol 1 (2) ◽  
pp. 12
Author(s):  
Triana Zuhrotun Aulia
Keyword(s):  
Linear Regression ◽  
Firm Size ◽  
Firm Value ◽  
Positive Impact ◽  
Stock Exchange ◽  
Market Value ◽  
Analysis Tool ◽  
Return On Assets ◽  
Book Value ◽  
Equity Ratio

Price to Book Value (PBV) is the ratio of the market value of equity to the book value of equity. PBV is the level of ability to create a company's value relative to the amount of capital invested. This study will analyze both simultaneous and partial effect of return on assets, debt to equity ratio, price earning ratio and firm-size to price book value. Companies classified in LQ-45 selected as the population used in this study are listed on the Stock Exchange 2012-2016 period. Purposive sampling is used to get the sample in this research using criterias and 18 companies or 72 firm-years are the samples. Analysis tool in this research using spss 23.0. This research is using multiple linear regression. Based on the results of the partial test (t test) on the real level (α) = 5% can be seen that the variabel return on assets, debt to equity ratio and price earning ratio have a significant and positive impact on price book value, meanwhile firm-size have no significant effect on price book value. Keywords :   Firm value, Price Book Value, Return on Asset, Debt to Equity Ratio, Price Earning Ratio, Firm-size. 

Kinerja Saham BRI Syariah Dengan BRI Konvensional

2020 ◽  
Vol 1 (1) ◽  
pp. 67-85
Author(s):  
Muhammad Naufal Izza ◽  
Zumrotul Musyaiyadah ◽  
Kharis Fadlullah Hana
Keyword(s):  
Share Price ◽  
Book Value ◽  
Purposive Sampling ◽  
Equity Ratio

Abstrak Penelitian ini bertujuan untuk mengetahui dan menganalisis perbandingan kinerja bank BRI dengan bank BRI Syariah tahun 2018-2019 triwulan 2-4. Populasi dalam penelitian ini adalah perusahaan perbankan yang listing di Bursa Efek Indonesia dengan sampel yang diambil yaitu bank BRI dan BRI Syariah. Pengambilan sampel menggunakan metode purposive sampling. Pengumpulan data penelitian ini menggunakan metode studi pustaka serta metode dokumentasi. Uji coba instrument dianalisi dengan menggunakan uji normatif. Teknik analisis data menggunakan analisis fundamental. Hasil penelitian menunjukkan bahwa Kinerja saham antara bank BRI dengan BRI Syariah yang diukur dengan rasio Earning Per Share, Price to Book Value, Return on Asset, dan Dept to Equity Ratio menunjukkan perbedaan yang signifikan. Secara keseluruhan kinerja saham BRI lebih unggul dibandingkan kinerja saham BRI Syariah.Kata Kunci: Kinerja, Saham, Saham BRI Syariah, Saham BRI Regular

scholarly journals Analysis of the effects of earnings ratio per share, price earnings and return on equity ratio upon the change of shares price at PT. Telekomunikasi Indonesia Tbk years of 2008 - 2017

2019 ◽  
Vol 4 (2) ◽  
pp. 11
Author(s):  
Dimas Ari Darmantyo ◽  
Shelva Kalay Shelwin
Keyword(s):  
Time Series ◽  
Time Series Data ◽  
Price Change ◽  
Share Price ◽  
Financial Ratios ◽  
Series Data ◽  
Return On Equity ◽  
Independent Variables ◽  
Equity Ratio ◽  
Company Sector

This research has tested some financial ratios of Earning Per Share, Price Earning Ratio and Return On Equity upon the Change of Shares Price at telecommunication company sector for the period of 2008 to 2017 to know the significance of those ratios, so that, it can be used by the investors to make a decision before investing their money. By having Time Series data of 2008 – 2017, this research has found out that the variables of Earning Per Shares (EPS) and Price Earning Ratio (PER) have significantly affected the change of shares price, but Return On Equity (ROE) has not significantly affected it. This research has indicated that the three independent variables (EPS, PER and ROE) have significantly affected shares price change. Keywords: Finance Ratio, Return On Equity, Earning Per Share, Price Earning Ratio and price of shares

scholarly journals MODEL PREDIKSI KESULITAN KEUANGAN DENGAN RASIO KEUANGAN (Studi kasus Pada Perusahaan Manufaktur di Indonesia yang telah terdaftar selama 5 Tahun di BEI 2008-2012)

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Diaz Lunardi Santoso
Keyword(s):  
Logistic Regression ◽  
Financial Distress ◽  
Manufacturing Industry ◽  
Sampling Method ◽  
Stock Exchange ◽  
Market Value ◽  
Financial Ratios ◽  
Predicting Model ◽  
Book Value ◽  
Purposive Sampling

This research aimed to figure financial distress model and to determined wihich financial ratios can predict financial distress for 1 year; 2 years; and 3 years before. This research was using samples of manufacturing industry thst listed on The Indonesian Stock Exchange in 2008-2012. Based on purposive sampling method, the research samples total are 160 manufactured companies. To figure the model, this research used logistic regression. This research indicated that financial ratios likes leverage, profitability, activity, RE to Total Assets, Market value of Equity to Book Value of Debt can predict financial distress 1 year; 2 years; and 3 years before. These financial ratios can predict above 64% of financial distress for 1 year; 2 years, and 3 years before, while around 36% were influeced by others factors. The predicting model for 1 year have 96,3% clasification accuracy ,while 2 years model have 96,3% clasification accuracy and 3 years model  have 92,5% clasification accuracy

scholarly journals Pengaruh Peluang Investasi Dan Solvabilitas Terhadap Profitabilitas Perusahaan Non-Finansial di BEI

2019 ◽  
Vol 14 (2) ◽  
pp. 170-183
Author(s):  
Hafizh tri syahbandi
Keyword(s):  
Real Estate ◽  
Random Effect ◽  
Market Value ◽  
Common Stock ◽  
Return On Equity ◽  
Book Value ◽  
Purposive Sampling ◽  
Equity Ratio

Penelitian ini dibuat dengan tujuan untuk menguji peran peluang investasi dan solvabilitas terhadap profitabilitas perusahaan non finansial yang terdaftar di Bursa Efek Indonesia tahun 2016-2018. Peluang investasi diukur dengan rasio market value of common stock to book value of common stock dan earning per share to price per share. Solvabilitas diukur dengan Debt to Equity Ratio. Profitabilitas diukur dengan Return on Equity. Populasi dalam penelitian ini adalah perusahan-perusahaan non finansial  yang terdaftar di BEI. Sampel yang digunakan adalah perusahaan properti dan real estate. Metode pengambilan sampel menggunakan metode purposive sampling. Sumber data yang digunakan adalah data sekunder yang dikumpulkan melalui dokumentasi data yang diperoleh dari website resmi Bursa Efek Indonesia (www.idx.co.id). Analisis data menggunakan analisis regresi data panel dengan model Random Effect. Pengolahan data menggunakan program Eviews 9.0.  Hasil penelitian ini menunjukkan terdapat pengaruh positif yang signifikan antara rasio market value of common stock to book value of common stock, earning per share to price per share, dan debt to equity terhadap return on equity.  Kata kunci : Peluang Investasi, Solvabilitas, Profitabilitas

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