PENGARUH ROA, ROE, NPM DAN EPS TERHADAP HARGA SAHAM PADA PERUSAHAAN TELEKOMUNIKASI YANG TERDAFTAR DI BEI

Abstract

The purpose of this research is to determine the influence of Return On Assets, Return On Equity, Net Profit Margin, and Earning Per Share to stock prices on telecommunications companies which listed on the Indonesia Stock Exchange 2010-2016 period. Population in this research is obtained by using purposive sampling at telecommunication company which listed in Indonesian Stock Exchange and based on criterion determined then got sample of 4 Telecommunication Company. Sources of secondary data in this study came from the Indonesia Stock Exchange. Analytical techniques used multiple linear analysis with using SPSS (Statistic Product and Service Solutions) 24.0. Based on the test results shows that Net Profit Margin, Earning Per Share significant influence on stock prices, while Return On Asset, Return On Equity no significant influence on stock prices. The result of determination coefficient test shows that the variable Return On Asset, Return On Equity, Net Profit Margin, and Earning Per Share contribute 61.3% to stock price. While the remaining 38.7% is influenced by variables or other causes outside the model. While of the four variables that have a dominant influence on stock prices is Net Profit Margin.
Keywords: return on asset, return on equity, net profit margin, earning per share and stock price.