PENGARUH ROA, ROE, DAN NPM TERHADAP HARGA SAHAM PADA PERUSAHAAN TELEKOMUNIKASI DI BEI

Abstract

The research aimed to analyze the effect of Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM) on the share price.while, the population was telecommnication companies which were listed on Indonesia Stock Exchange (IDX) period 2013-2017. The sample collection technique used purposive sampling, in which the collection was based on the criteria given. Moreover, there were nine telecommunication companies as sample which were listed on Indonesia Stock Exchange (IDX). In addition, the data analysis technique used multiple linear regressions with SPSS application (Statistical Product and Service Solutions) version 20. The research result concluded Return on Assets (ROA) had significant effect on the shares price. It meant, the bigger the Return on Assets (ROA) was, the more share price would be. On the other hand, Return on Equity (ROE) and Net Profit Margin (NPM) had insignificant effect on the shares price at Telecommunication Companies which were listed on Indonesia Stock Exchange (IDX) period 2013-2017.
Keywords: share price, return on assets, return on equity, net profit margin.