PENGARUH ROA, DER, NPM TERHADAP HARGA SAHAM OTOMOTIF DI BEI

Abstract

This research aimed to examine the effect of eturn On Asset (ROA), Debt to Equity Ratio (DER), and Net Profit Margin (NPM) on stock price of automotive companies which were listed on Indonesia Stock Exchange. The data were annual financial statements which were published by the companies during 2016-2020 in Indonesia Stock Exchange. Moreover, the data collection technique used purposive sampling technique. In line with that, there were 9 companies which fulfilled the criteria as the sample. Furthermore, the research was quantitative. Additionally, the data analysis technique used multiple linear regression with SPSS 26. In addition, the research result concluded that Return On Asset (ROA) had a positive but insignificant effect on stock price. On the other hand, Debt to Equity Ratio (DER) as well as Net Profit Margin (NPM) had a positive and significant effect on stock price of automotive companies which were listed on Indonesia Stock Exchange (IDX) during 2016-2020.
Keywords: ROA, DER, NPM, stock price