PENGARUH PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGE DI BURSA EFEK INDONESIA TAHUN 2018-2022

Abstract

Food and Beverage companies are one of the industry categories in the Indonesia Stock Exchange which focuses on the Food and Beverage sector. A continual development that is shown by those industries becomes a certain interest for investors in having their investment. This research aimed to find out the effect of profitability, liquidity, and leverage on the firm value of Food and Beverage companies listed on the Indonesia Stock Exchange (IDX) for 5 years, from 2018 – 2022. Moreover, the research was quantitative. The data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 10 companies from 45 population of Food and Beverage companies listed on IDX 2018 – 2022. Furthermore, the data were secondary, which were taken from companies annual reports. The data analysis tehcnique used multiple linear regression, classical assumption test, proper model test, and hypothesis test with SPSS 25. The result of the F-test showed that profitability, liquidity, and leverage collectively had a significant effect on firm value. Additionally, the result of the hypothesis test showed that both profitability and liquidity had a significant effect on firm value. However, leverage had a insignificant effect on firm value.