PENGARUH ROA, DER, NPM, DAN EPS TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTI

Abstract

This researchis aimed to test empirically the influence of Return on Assets, debt equity ratio, Net Profit Margin and Earning per Share either simultaneously or partially to the stock prices and variables which gives dominant influence to the stock prices of property companies which are listed in Indonesia Stock Exchange (IDX). The sample collection in this research has been done by using purposive sampling method, based on predetermined criteria 15 samples of property companies which arelisted on the Indonesia Stock Exchange (IDX) 2014-2016 have been obtained as samples. The analysis method has been done by using multiple linear regressionsanalysis and the SPSS application tools (Statistical Product and Service Solution). The result of simultaneous research (F test) shows that the regression modelsare feasible to be used to predict Return on Assets, debt equity ratio, Net Profit Margin, and Earning per Share to the Stock Prices of property companies. Partially the result of the t test has generated that Return on Asset, Net Profit Margin and Earning per Share give positive and significant influence to stock price whereas debt to equity Ratio does not have any significant influence to the stock price. The result of partial determination coefficient test shows that the ratio of Earning per Share has dominant influence to the stock prices.
Keywords : Return on assets, debt equity ratio, net profit margin, and earning per share and stock price.