Pengaruh Return on Asset, Earnings per Share, Debt to Equity Ratio dan Total Asset Turnover terhadap Harga Saham: Studi Empiris pada Perusahaan Sub Sektor Transportasi dan Logistik yang Terdaftar di Bursa Efek Indonesia Periode 2020-2024

Mutia Fatmasari; Said Said; Yuphi Handoko Suparmoko

doi:10.61132/manuhara.v3i4.2190

Authors

Mutia Fatmasari Universitas Budi Luhur
Said Said Universitas Budi Luhur
Yuphi Handoko Suparmoko Universitas Budi Luhur

DOI:

https://doi.org/10.61132/manuhara.v3i4.2190

Keywords:

Debt to Equity Ratio, Earnings per Share, Return on Asset, Stock Price, Total Asset Turnover

Abstract

This research aims to determine the effect of Return on Assets (ROA), Earnings per Share (EPS), Debt to Equity Ratio (DER), and Total Asset Turnover (TAT) on Stock Prices. The population of this study consists of companies in the Transportation and Logistics sub-sector listed on the Indonesia Stock Exchange (IDX) for the period 2020-2024. Secondary data is used in this research, and purposive sampling techniques are employed, resulting in a sample of 22 companies within the Transportation and Logistics sub-sector from a population of 37 companies listed on the IDX during the same period. The research employs multiple linear regression analysis, with data processed using the Statistical Program for Social Science (SPSS) version 22. The results of the study reveal that ROA, EPS, and TAT significantly affect stock prices, while the DER does not have a significant effect on stock prices. The findings provide insight into the importance of financial indicators such as ROA, EPS, and TAT in determining the stock prices of companies within the Transportation and Logistics sub-sector. This study contributes to the literature on the relationship between financial performance metrics and stock prices, offering useful insights for investors and decision-makers in the financial market. Further research may explore other factors influencing stock prices and the role of corporate governance in shaping financial outcomes.

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