Influence of Return on Equity, Debt to Equity Ratio, Earning Per Share, and Net Profit Margin on Stock Price''

Abstract

The purpose of this study is to analyze the effect of Return On Equity (ROE), Debt to Equity Ratio (DER), Earning Per Share (EPS), and Net Profit Margin (NPM) on stock prices. Empirical Studies on real estate and property listed on the Indonesia Stock Exchange (IDX). The research time period used is 4 years, namely the 2015-2018 period. The population of this study includes all real estate and property companies listed on the Indonesia Stock Exchange (IDX) for the 2015-2018 period. The sampling technique used purposive sampling technique. Based on the predetermined criteria obtained 15 companies. The type of data used is secondary data obtained from the Indonesia Stock Exchange website. The analytical method used is panel data regression analysis which is processed with Eviews 9.0 . The results of the partial test of the study show that Return On Equity (ROE) has a significant positive effect on stock price , Debt to Equity Ratio (DER), Earning Per Share (EPS), and Net Profit Margin (NPM) have no effect on stock prices. Then the results of the simultaneous test of the research show that there is an influence between Return On Equity (ROE), Debt To Equity Ratio (DER), Earning Per Share (EPS) and Net Profit Margin (NPM) . The result of testing the coefficient of determination is 0.945425 , which means that the variation of the dependent variable that can be explained by the independent variable is 0.945425 or 94.54 percent (Very Strong). While the remaining 5.46 percent is influenced by other variables not examined in this study.