ENGARUH NPM, ROE DAN EPS TERHADAP HARGA SAHAM PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BEI

Abstract

This research aimed to examine (1) the effect of Net Profit Margin (NPM) on stock price, (2) the effect of Return On Equity (ROE) on stock price, (3) the effect of Earning Per Share (EPS) on stock price. Furthermore, the financial ratio used NPM, ROE, and EPS ratios. The NPM was net sales which were subtracted from sales base price and divided by sales. The ROE was total net profit which was divided by total equity. Moreover, the EPS was net profit which was divided by shares stock, and the stock price ratio used the closing stock price. The research was quantitative. Additionally, the data were taken from annual reports of Food and Beverages manufacturing companies listed on the Indonesia Stock Exchange (IDX) for 3 years in a row (2019-2021). The population was 34 companies. However, only 31 companies were chosen. The data collection technique used purposive sampling. In line with that, there were 18 samples during 3 years of observation. In total, there were 54 data samples. In addition, the data analysis technique used multiple linear regression. The result showed that (1) NPM affected positive stock price, (2) ROE did not affect stock price, and (3) EPS affected positive stock price.