PENGARUH RETURN ON ASSET (ROA),NET PROFIT MARGIN (NPM) DAN DEBT TO EQUITY RATIO (DER) TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR OTOMOTIF DAN KOMPONEN

Abstract

The research aimed toexamine the effect of return on asset, net profit margin and debt to equity ratio on the firm value in the form of financial statement data and performance reports compiled by automative companies and components which were listed on Indonesia Stock Exchange (IDX). The research was quantitative. While, the data collection technique used proposive sampling, in which the sample was based on criteria given. In line with, there were 25 samples from 5 automotive companies and component which were listed on Indonesia Stock Exchange (IDX) 2013-2017, the data analysis technique used classical assumption test and multiple linear regression analysis with SPSS 20. The research result concluded return on asset and debt to equity ratio had positive and significant on the firm value the net profit margin had insignificant effect on the firm value. When conduction this study, researchers have several limitations, namely as followa: (1) In thia atudy the period under study is 5 years, so there is a possibility of not showing the actual results or conditions. (2) In this study using 3 independent variables namely return on asset, net profit margin and debt to equity.

Keyword : return on asset, net profit margin, debt to equity ratio, firm value