PENGARUH ROA, NPM, DAN EPS TERHADAP HARGA SAHAM PERUSAHAAN TELEKOMUNIKASI DI BEI

Abstract

This research aimed to examine the effect of Return On Assets (ROA), Net Profit Margin (NPM), and Earning Per Share (EPS) on the stock price of the Telecommunications companies listed on The Indonesia Stock Exchange. The independent variables were Return On Assets (ROA), Net Profit Margin (NPM), and Earning Per Share (EPS). While the dependent variable was the stock price. The population was Telecommunication companies listed on The Indonesia Stock Exchange consisting of 10 companies during 2015-2021. Moreover, the research was causal-comparative. The data collection used a purposive sampling method i.e., a sample selection based on the determined criteria. In line with that, there were 4 companies as the sample. Furthermore, the data were taken for 7 years (2015-2021) and obtained 28 observation data. The data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution) 27. The result showed that Return On Assets had an insignificant effect on the stock price. However, Net Profit Margin had a significant effect on the stock price. In contrast, Earning Per Share had insignificant effect on the stock price.