PENGARUH ROA, ROE, INFLASI, DAN KURS TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of Return On Assets (ROA), Return On Equity (ROE), inflation and exchange rate to the stock price at food and beverages company listed on the Indonesia Stock Exchange. Furthermore, the analysis data used secondary data namely financial statements in 2016-2019. The population was 19 food and beverages which were listed on Indonesia Stock Exchange during 2016-2019. This research used quantitative. Moreover, the research sample used 13 food and beverages company which fulfilled the determining criteria. Meanwhile, the sample collection technique used saturated sampling. The analysis method of this research used multiple linear regressions analysis with SPSS 23. The result of this research showed that Return On Assets (ROA) had a significant effect on the stock price, Return On Equity (ROE) had a significant effect on the stock price, inflation had an insignificant effect on the stock price, and exchange rate had an insignificant effect on the stock price.
Keywords: return on assets (ROA), return on equity (ROE), inflation, exchange, stock price