scholarly journals FAKTOR-FAKTOR YANG MEMPENGARUHI RETURN SAHAM INVESTOR PADA PERUSAHAAN SUB SEKTOR SEMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 4 (2) ◽  
pp. 43-50
Author(s):  
Novita Ovianti ◽  
Yansen Siahaan ◽  
Elly Susanti ◽  
Astuti Astuti
Keyword(s):  
Stock Return ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Influence Factors ◽  
Positive Influence ◽  
Current Ratio ◽  
Book Value ◽  
Equity Ratio ◽  
Average Current ◽  
The Stability

Abstrak   Tujuan dari penelitian ini adalah untuk mengetahui: 1. Faktor-faktor apa saja yang mempengaruhi return saham sebelum uji faktor faktor pada Perusahaan Sub Sektor Semen yang Terdaftar di Bursa Efek Indonesia. 2. Gambaran faktor-faktor yang mempengaruhi return saham setelah uji faktor pada Perusahaan Sub Sektor Semen yang Terdaftar di Bursa Efek Indonesia. 3. Pengaruh faktor-faktor yang mempengaruhi return saham setelah uji faktor pada Perusahaan Sub Sektor Semen yang Terdaftar di Bursa Efek Indonesia baik secara simultan maupun parsial.Hasil penelitian ini dapat disimpulkan sebagai berikut: 1. Rata-rata current ratio (CR) dan return on asset (ROA) mengalami penurunan, rata-rata debt equity to ratio (DER) cenderung meningkat, rata-rata price to book value (PBV) dan rata-rata return saham berfluktuasi cenderung menurun.  2. Hasil analisis regresi linier berganda diketahui bahwa CR dan PBV berpengaruh positif terhadap return saham sedangkan DER dan ROA berpengaruh negatif terhadap return saham. 3. Hasil analisis koefisien korelasi dan korelasi determinasi dapat diambil kesimpulan bahwa hubungan antara CR, DER, ROA dan PBV terhadap return saham berhubungan kuat dan sisanya dipengaruhi oleh variabel lain yang tidak dijelaskan dalam penelitian ini. 4. Pengujian hipotesis secara simultan dapat disimpulkan bahwa hipotesis H0 ditolak yang artinya CR, DER, ROA dan PBV berpengaruh signifikan terhadap return saham pada Perusahaan Sub Sektor Semen.Saran dari penelitian ini adalah penting bagi perusahaan untuk tetap menjaga kestabilan nilai CR, DER, ROA, PBV dan return saham. Sebaiknya perusahaan mengevaluasi kinerja keuangannya dengan meningkatkan pengembalian dividen agar investor lebih tertarik untuk menanamkan saham kepada perusahaan. Kata Kunci : Current Ratio (CR), Debt to Equity Ratio (DER), Return on   Asset (ROA), Price to Book                   Value (PBV), Return Saham.AbstractThe purpose of this research are: 1.To find out what are the factors that influence to stock return before the factor test in Sub Sector Cement Companies listed on the Indonesia stock exchange. 2.The description of the factors that influence the stock return after the factor test in Sub Sector Cement Companies listed on the Indonesia stock exchange. The influence factors towards to stock return on company Sub Sectors of cement listed on the Indonesia stock exchange after testing both factors simultaneously and partiallyThe results of this research can be summed up as follows:1. The average current ratio (CR) and  return on asset (ROA) are decreasing, the average debt-to-equity ratio (DER) are likely to be increased, the average price to book value (PBV) and return of the stock are tends to decrease.2. Multiple linear regression results that CR and PBV positive influence against the stock return while the DER and ROA influence negatively to stock return. 3. Analysis of the correlation coefficient and the determination of the correlation to be drawn the conclusion that the relationship between CR, DER, ROA and PBV against the stock return are strongly related and the rest were influenced by other variables that are not described in this study. 4.The simultant hypothesis test can be concluded that the H0 hypothesis is rejected, meaning that CR,  DER, ROA and PBV has significant influence on stock return.The advice from the research are, it’s important for companies to keep the stability of the CR, DER, ROA, PBV and the stock return values. It’s better for company to evaluate the company's financial performance by improving returns of divident to make investors more interesting to invest  stock to the company. Keywords: Current Ratio (CR), Debt to Equity Ratio (DER), Return on Assets (ROA), Price to Book

scholarly journals PENGARUH FAKTOR-FAKTOR FUNDAMENTAL TERHADAP RETURN SAHAM PERUSAHAAN JASA TRANSPORTASI

2019 ◽  
Vol 6 (1) ◽  
pp. 94
Author(s):  
Siska Septina ◽  
Fifi Swandari
Keyword(s):  
Stock Return ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Least Square ◽  
Return On Equity ◽  
Book Value ◽  
Ordinary Least Square ◽  
Equity Ratio ◽  
F Statistics ◽  
Transportation Company

<p><em>This research as “Effect Fundamental Factors toward stock return of Transportation’s Company”. Aims analyzed fundamental factors to haven influence stock return of transportation  company at Indonesia Stock Exchange (BEI). Fundamental factors such as Earning Per Share (EPS), Book Value Per Share (BVS), Price Earning Ratio (PER), Debt to Equity Ratio (DER), Return on Asset (ROA), and  Return On Equity (ROE).</em><strong></strong></p><p><em>Methodology research used purposed sampling with criteria as 1. Stock of Transportation company which listed  fm th. 2009-2013. 2.Stocked was trade at Indonesian Stock Exchange (BEI). Sample totally 13 and data analysis with multiple regression of ordinary least square and hypothesis test used F statistics and t statistic at level significance 5%.</em></p><p><em>Analysis result is fm totally 6 (six) of fundamental factors, only Price Earning Ratio (PER), Debt to Equity Ratio (DER) and Return on Asset (ROA) significance influance stock return of 13 (thirteen) transportation company at BEI, while others are not significance.</em></p><p><em>The future result suggested to expand other fundamental factors and suggested to add more variabels so can get better result. </em><em></em></p>

KINERJA KEUANGAN PADA PERUSAHAAN PERTAMBANGAN DI BURSA EFEK INDONESIA

2017 ◽  
Vol 13 (1) ◽  
pp. 46-62
Author(s):  
Aries Veronica
Keyword(s):  
Financial Performance ◽  
Return On Investment ◽  
Stock Price ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Field Research ◽  
Total Asset ◽  
Current Ratio ◽  
Total Debt ◽  
Equity Ratio

The purpose of this study was to determine financial performance to stock price ofminning industries at Indonesian Stock Exchange . This research is field research withdata collection techniques using documentation that the sample size is as much as 33emitten. To test the effect of the financial performance to stock price used multipleregression analysis techniques and to test research hypotheses, F test and t test.From the results of calculations using SPSS for Windows version 17, showed that: thevalue of R Square (R2) illustrates that the Stock price (Y), can be explained by thefinancial performance amounted to 65.6%, while the rest 34.4%, can be explained byother factors, which are not included in this study. F Hypothesis test results, obtainedvalue of sig. (98,701)>(0.05), this means that there is influence of the current ratio, totalasset turnover , return on investment, and total debt to total asset ratio together againststock price. While the results of hypothesis testing t as follows: 1) sig. (0.000)< (0.05),which means that there is effect current ratio to stock price; 2) sig.(0.004) < (0.05),which means that there is effect debt to equity ratio to stock price; 3) sig.(0.846) >(0.05), which means that there is no effect total asset turnover to stock price; 4)sig.(0.000) (0.05), which means that there is no effect return on investment to stock price,and 5) sig.(0.700)>(0.05), which means that there is no effect total debt to total assetratio to stock price

scholarly journals THE EFFECT OF DEBT TO EQUITY RATIO (DER), CURRENT RATIO (CR), AND GROWTH ASSETS ON DIVIDEND POLICY IN CONSUMER GOODS MANUFACTURING COMPANIES WHICH IS LISTED IN THE STOCK EXCHANGE INDONESIA 2015-2017 PERIOD

ACCRUALS ◽  
2020 ◽  
Vol 4 (02) ◽  
pp. 175-184
Author(s):  
Jasinta Mustika Sianipar
Keyword(s):  
Consumer Goods ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Positive Influence ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Regression Methods ◽  
Equity Ratio ◽  
Asset Growth ◽  
Quantitative Descriptive

The existence of this study is to determine the effect of DER, CR, and AG on the consumer goods sector dividend policy contained on the IDX. Research is classified as a quantitative approach, the type of research used is quantitative descriptive and its nature is based on the level of explanation. The population is 50 companies and the sample is 19 companies. Data collection techniques are documentation and sources of IDX financial statements. This research is tested using multiple linear regression methods before testing the hypothesis the data will be tested using the classic assumption test. The conclusions obtained in the study showed that simultaneously DER, CR, and AG had a positive influence on dividend policy. Partially, DER has a positive and significant impact on dividend policy with a value of 2,792> 1.67412 and 0.008 <0.05. CR positive and significant effect on dividend policy 2,780> 1.67412 and 0.008 <0.05. AG negative and insignificant effect 2.780> 1.67412 and significant value 0.436> 0.05.Keywords: Debt To Equity Ratio (Der), Current Ratio (Cr), And Asset Growth (AG) Against Dividend Policy

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 PENGARUH DEBT TO EQUITY RATIO, CURRENT RATIO DAN RETURN ON INVESTMENT TERHADAP DIVIDEN PAYOUT RATIO PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2013 ◽  
Vol 3 (2) ◽  
pp. 133
Author(s):  
Khoirul Huda ◽  
Salamatun Asakdiyah
Keyword(s):  
Return On Investment ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Sampling Technique ◽  
Current Ratio ◽  
Dividend Payout ◽  
Panel Data Regression ◽  
Analysis Technique ◽  
Food And Beverage ◽  
Equity Ratio

This research was aimed to know whether there was an influence of Debt to Equity Ratio (DER), Current Ratio (CR), Return on Investment (ROI) towards Dividend Payout Ratio (DPR) in food and beverage companies listed in Indonesian Stock Exchange of 2010-2012 periods. Populations in this research were 18 food and beverage companies listed in Indonesian Stock Exchange of 2010-2012 periods. Sampling technique used a Purposive Sampling. It obtained 10 companies entered in the criteria. The analysis technique used a panel data regression and a hypothesis test using t-test with trust level of 5%, Out of the three independent variables i.e. Debt to Equity Ratio (DER), Current Ratio (CR), Return On Investment (ROI), and Current Ratio (CR) significantly Dividend Payout Ratio (DPR). R-square value was 38.5%.

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 PENGARUH CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER) DAN NET PROFIT MARGIN (NPM) TERHADAP PERUBAHAN LABA PADA PT. ALUMINDO LIGHT METAL INDUSTRY, Tbk DI BURSA EFEK INDONESIA

2018 ◽  
Author(s):  
STIM Sukma
Keyword(s):  
Stock Exchange ◽  
Hypothesis Test ◽  
Light Metal ◽  
Profit Margin ◽  
Metal Industry ◽  
Current Ratio ◽  
Simultaneous Test ◽  
Net Profit ◽  
Equity Ratio ◽  
Exchange Data

The purpose of this research is to know how much influence of Current Ratio (CR), Debt to Equity Ratio (DER) and Net Profit Margin (NPM) to Changes of Profit On PT Alumindo Light Metal Industry Tbk In Indonesia Stock Exchange. Data analysis using multiple linear regression test with model accuracy (classic assumption test), hypothesis test using the coefficient determination test (R2), partial test (t test) and simultaneous test (F test), Data processing using SPSS 20. The results showed that Current Ratio (CR), Debt to Equity Ratio (DER) and Net Profit Margin (NPM) are able to explain its existence simultaneously to the variable of profit changes, besides the partially Current Ratio, Debt to Equity Ratio, and Net Profit Margin have no influence and not significant to the changes of profit, simultaneously Current Ratio (CR), Debt to Equity Ratio (DER) and Net profit Margin (NPM) have no influence and not significant to changes of profit.

PENGARUH PRICE EARNING RATIO, PRICE TO BOOK VALUE RATIO, DEBT TO EQUITY RATIO, RETURN ON EQUITY DAN SIZE TERHADAP RETURN SAHAM PADA PERIODE BULLISH (Survei PadaPerusahaan Manufaktur di Bursa Efek Indonesia Periode 2006-2007)

2015 ◽  
Vol 8 (1) ◽  
pp. 50
Author(s):  
Animah Animah
Keyword(s):  
Return Period ◽  
Stock Return ◽  
Sampling Method ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Public Companies ◽  
Return On Equity ◽  
Book Value ◽  
Equity Ratio ◽  
The Impact

The objective of this research was to know the impact of Price Earning Ratio, Price To Book Value Ratio, Debt To Equity Ratio, Return On Equity dan Sizeto the stock return period bullish. This research uses purposive sampling method with judgment and conducted for 27 manufacturing companies listed in the Jakarta Stock Exchange during the period 2006-2007. The data was analysed by using multiple linear regression. The results showed that there is significant influence simultaneously (21.2%) and partially significant for the price earning ratio variable which is shown by the significance value of 0,05%. The results also show that other variables such as Price To Book Value Ratio, Debt To Equity Ratio, Return On Equity dan Sizeis not significant to the stock return period bullish. For the next researcher, it is suggested to add another variable like debt to asset ratio, Current ratio,Earning yieldand to expand the population (all go public companies). Keywords: price earning ratio, price to book value ratio, debt to equity ratio, return on equity, size, stock return

scholarly journals Effect of Financial Ratio on Return of Shares on LQ45 Companies Listed on Indonesia Stock Exchange

2020 ◽  
Vol 1 (2) ◽  
pp. 88-97
Author(s):  
Romlina Romlina ◽  
Syahril Effendi
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Financial Ratios ◽  
Test Results ◽  
Current Ratio ◽  
Return On Equity ◽  
Financial Ratio ◽  
Analysis Techniques ◽  
Equity Ratio

The purpose of this study was to determine the Effect of Financial Ratios on Stock Returns on LQ45 Companies Listed on the Indonesia Stock Exchange. The independent variables used are Financial Ratios. The dependent variable used is Stock Return. The population in this study is the Current Ratio, Return on Equity, Debt to Equity Ratio, and Stock Return data on LQ45 companies listed on the Indonesia Stock Exchange for 5 years from 2015-2019. The sample in this study is LQ45 companies listed on the Indonesia Stock Exchange (IDX). Data analysis techniques in this study include multiple linear regression. The test results in this study indicate that the Current Ratio variable has no significant effect on Stock Return. From the results of testing the variables above, the Current Ratio shows the calculated T value of -0.242 T value of the table 2.016 with a significance number 0.810> 0.05. The Return on Equity variable influences the Stock Return. From the results of testing the variables above, Return on Equity shows that the calculated T value of 2.232> T table value of 2.016 with a significance number of 0.031 <0.05. Debt to Equity Ratio variable has a significant effect on Stock Return. From the results of testing the variables above, Debt to Equity Ratio shows that the calculated T value of 5.923> T table value of 2.016 with a significance number of 0.000 <0.05. Current Ratio, Return on Equity, and Debt to Equity Ratio together have a significant effect on Stock Returns with the number that a significant value of 0,000 <0.05 and an F count of 14.498> F table of 3.21.

scholarly journals PENGARUH CURRENT RATIO, WORKING CAPITAL TURNOVER, DEBT TO EQUITY RATIO, DAN TOTAL ASSETS TURNOVER TERHADAP RETURN ON INVESTMENT PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 14 (4) ◽  
Author(s):  
Christina Christina ◽  
Monica Monica ◽  
Agnes Aurelia ◽  
Sherley Fitria ◽  
Lina Lina ◽  
...  
Keyword(s):  
Return On Investment ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Working Capital ◽  
Current Ratio ◽  
Analysis Technique ◽  
Food And Beverage ◽  
Study Population ◽  
Equity Ratio ◽  
Quantitative Statistics

The purpose of this research is to provide and increase knowledge for the readers and to analyze the effect of Current Ratio, Working Capital Turnover, Debt to Equity Ratio, and Total Assets Turnover on Return on Investment in food and beverage companies listed on the Indonesia Stock Exchange for the period 2012-2017. The study population used was 20, the research sample of 11 companies. The research method uses quantitative statistics. The data analysis technique uses the classic assumption test. Hypothesis testing is assessed by multiple linear regression test, T test, and F test. The hypothesis test results of the determination coefficient obtained Adjusted R Square (R2) value of 58%, so it can be said that the variable Current Ratio (X1), Debt to Equity Ratio (X2), Working Capital Turnover (X3), and Total Assets Turnover (X4) affect the Return on Investment (Y) of 58% and the remaining 42% is influenced by other variables that are not found in this study.

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