PENGARUH ROE, NPM DAN EPS TERHADAP HARGA SAHAM PERUSAHAAN PROPERTY DAN REAL ESTATE

  • Nabila Rizkayanti
  • Sri Utiyati

Abstract

This research aimed to examine the effect of profitability on stock price of Property and Real Estate companies
which were listed on Indonesia Stock Exchange during 2016-2020. While profitability was used namely Return
On Equity, Net Profit Margin, and Earning Per Share. The data collection technique used purposive sampling,
in which the sample was based on criteria given. In line with that, there were 16 samples from 81 Property and
Real Estate companies which were listed on Indonesia Stock Exchange during 2016-2020. Moreover, the research
was quantitative and using secondary data. Furthermore, the data analysis technique used multiple linear
regression with SPSS 26. The research result concluded that Return On Equity as well as Net Profit Margin had
a negative and insignificant effect on stock price, as the companies were optimally increasing capital return for
stakeholders and showed investors’ return. On the other hand, Earning Per Share had a positive and significant
effect on stock price. This showed that companies’ performance was in good condition, so that it could become
investors’ consideration in order to make investments.

Published
2022-04-13