PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN DAN PERTUMBUHAN PENJUALAN TERHADAP NILAI PERUSAHAAN FARMASI YANG TERDAFTAR DI BEI

Abstract

This research aimed to examine the effect of profitability, firm size, and sales growth on firm value of Pharmaceutical companies which were listed on Indonesia Stock Exchange (IDX) during 2016-2020. The data were secondary, which in the form of companies’ financial statements. While the population was pharmaceutical companies which were listed on Indonesia Stock Exchange (IDX) during 2016-2020. Moreover, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with that, there were 7 from 10 companies as a research sample. Furthermore, the data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution) 25. Based on the research result, in concluded that profitability had a positive and significant effect on firm value. On the other hand, firm size had a positive but insignificant effect on firm value. In contrast, sales growth had a positive and significant effect on firm value.
Keywords: profitability, firm size, sales growth, firm value