The Effect of Return on Equity, Earnings Per Share, Net Profit Margin and Exchange Rate (Exchange) On Stock Prices of Family Companies in The Property and Real Estate Sector

https://doi.org/10.53952/jir.v11i1.460

Authors

  • Made Wedaswari UNIVERSITAS VETERAN BANGUN NUSANTARA
  • Jihan Fitrianti Suci Ramdani
  • Purwanto

Keywords:

Stock Price, Return on Equity, Earning Per Share, Net Proft Margin, exchange rate

Abstract

The purpose of this study was to analyze the effect of ROE, EPS, NPM, and exchange rates on stock prices. This research was conducted on family companies in the property and real estate sector listed on the Indonesia Stock Exchange (IDX) for the 2016-2021 period. The number of samples in this study was 25 companies. The analysis used in this study is multiple linear regression analysis. Based on the results of the analysis, it can be seen that ROE, EPS, NPM, and the exchange rate together have a significant effect on stock prices. Partial research results show that NPM has a significant positive effect on stock prices, while ROE, EPS, and exchange rates do not affect stock prices.

Keywords: Stock Price, Return on Equity (ROE), Earning Per Share (EPS), Net Profit Magin (NPM), Exchange Rate

Abstrak

Tujuan dari penelitian ini adalah untuk menganalisis pengaruh ROE, EPS, NPM dan nilai tukar terhadap harga saham. Penelitian ini dilakukan pada perusahaan keluarga di sektor properti dan real estate yang terdaftar di Bursa Efek Indonesia (BEI) periode 2016-2021. Jumlah sampel dalam penelitian ini adalah 25 perusahaan. Analisis yang digunakan dalam penelitian ini adalah analisis regresi linier berganda. Berdasarkan hasil analisis dapat diketahui bahwa ROE, EPS, NPM dan nilai tukar secara bersama-sama berpengaruh signifikan terhadap harga saham. Hasil penelitian secara parsial menunjukkan bahwa NPM berpengaruh positif signifikan terhadap harga saham, sedangkan ROE, EPS dan nilai tukar tidak berpengaruh terhadap harga saham.

Kata Kunci: Harga Saham, Return on Equity (ROE), Earning Per Share (EPS), Net Profit Magin (NPM), Nilai Tukar

 

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Published

01/23/2023

How to Cite

Made Wedaswari, Jihan Fitrianti Suci Ramdani, & Purwanto. (2023). The Effect of Return on Equity, Earnings Per Share, Net Profit Margin and Exchange Rate (Exchange) On Stock Prices of Family Companies in The Property and Real Estate Sector. Journal Ilmiah Rinjani : Media Informasi Ilmiah Universitas Gunung Rinjani, 11(1), 107–112. https://doi.org/10.53952/jir.v11i1.460