PENGARUH PROFITABILITAS, PERTUMBUHAN PENJUALAN DAN AKTIVITAS TERHADAP NILAI PERUSAHAAN

Abstract

Property is a right that leads to legal or legal aspects in the form of rights and ownership of a building. Real Estate itself is juridical control over land and all permanent improvements, including facilities, road construction, open land and other development firms. This study aimed to determine and examine the effect of profitability, sales growth and activity ratio on firm value in property and real estate companies. This study is quantitative research. The population was property and real estate companies on the Indonesia Stock Exchange in 2016-2019. The research sample consisted of 11 property and real estate companies selected by purposive sampling. The data in this study uses secondary data in the form of financial statements of property and real estate companies. Its analytical tool uses multiple linear regression analysis. The results showed that the probability and activity ratio variables had a significant effect on firm value. In contrast, sales growth had no significant impact on firm value in the property and real estate sectors.
Keywords: firm value, profitability, sales growth, activity.