PENGARUH PERPUTARAN PERSEDIAAN, LIKUIDITAS, DAN LEVERAGE TERHADAP PROFITABILITAS PADA PERUSAHAAN OTOMOTIF YANG TERDAFTAR DI BEI PERIODE 2016-2020

Abstract

This research examined the effect of profitability, leverage, and firm size on firm value. The profitability was referred
to as Return On Asset (ROA), leverage was referred to as Debt to Equity Ratio (DER), firm size was referred to as
Logarithm natural (Ln), and firm value was referred to as Price to Book Value (PBV). The research was quantitative.
Moreover, the data collection technique used purposive sampling, in which the sample was based on the criteria given.
In line with that, there were 24 companies as the sample from 51 population of Consumer Goods companies listed on
the Indonesia Stock Exchange (IDX) during 2018-2022. In total, 120 data samples were taken during 5 years of
observation. Furthermore, the data were secondary through financial statements and annual reports. The data analysis
technique used multiple linear regression. The result showed that profitability (ROA) positively affected firm value
(PBV). Likewise, leverage (DER) had a positive effect on firm value (PBV). Similarly, firm size had a positive but
insignificant effect on firm value (PBV).