PENGARUH PROFITABILITAS, LIKUIDITAS DAN LEVERAGE TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR DI BIDANG OTOMOTIF YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to find out the effect of profitability, liquidity, and leverage on the firm value of Automotive
manufacturing companies listed on the Indonesia Stock Exchange (IDX). The research was quantitative with
secondary data, in the form of financial statements. Moreover, the population was 12 Automotive companies. The
data collection technique used saturated sample method, in which the sample was based on the criteria given. In
line with that, there were 7 Automotive companies listed on IDX during 2017-2021. Furthermore, the data
analysis technique used multiple linear regression with SPSS 26, which aimed to examine the effect of profitability,
liquidity, and leverage on firm value. The result concluded that profitability which was referred to as Return On
Asset had a positive and significant effect on firm value. However, liquidity which was referred to as Current
Ratio had a positive but insignificant effect on firm value. In contrast, leverage which was referred to as Debt to
Equity Ratio had a positive and significant effect on firm value.