PENGARUH PROFITABILITAS, LEVERAGE, DAN GROWTH TERHADAP NILAI PERUSAHAAN

Abstract

This research examines the effect of profitability, leverage, and growth on firm value. Furthermore, the population consists Consumer Non - Cyclicals manufacturing companies that are part of the Food and Beverage industry listed on the Indonesia Stock Exchange (IDX) during 2022-2023. There were 70 companies taken as samples. Therefore, 140 samples were gained in total. Moreover, the data collection technique used was purposive sampling. The study applies qualitatively, with secondary data. The data analysis technique used was multiple linear regression. Additionally, profitability was measured by Return on Assets (ROA), leverage was measured by Debt to Equity Ratio (DER), and growth was measured by Total Assets Growth (TAG). Meanwhile, the firm value was measured by Price to Book Value (PBV). The result shows as follows: (a) profitability has a positive effect on firm value; (b) leverage has a positive effect on firm value; and (c) growth has a positive effect on firm value.