Manufacturing Firm Value Drivers through Return on Assets, Return on Equity and Earning per Shares

2021 ◽  
Vol 5 (2) ◽  
pp. 139
Author(s):  
Gita Fitriningsih ◽  
Ery Yanto ◽  
Pandu Adi Cakranegara
Keyword(s):  
Firm Value ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Manufacturing Companies ◽  
Value Drivers ◽  
Return On Assets ◽  
Manufacturing Firm ◽  
Return On Equity ◽  
Share Prices ◽  
Earnings Per Share

<p>The company's goal is to create value. Therefore, it is important for companies to know the source of the company's value creation. This study connects the independent factors that affect firm value, namely Return On Equity, Return On Assets, and Earning Per Shares. This research used a sample of 30 companies. The samples used in this research are manufacturing companies listed on the Indonesia Stock Exchange for the period 2017-2019 with the sampling technique using purposive sampling. The results indicated that the return on assets has no significant effect on share prices, return on equity has no significant effect on share prices, EPS has an significant effect on share prices and simultaneously return on assets, return on equity and earnings per share has an significant effect on share prices.</p>

scholarly journals PENGARUH KEBIJAKAN DIVIDEN TERHADAP KEKAYAAN PEMEGANG SAHAM PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

2017 ◽  
Vol 1 (2) ◽  
Author(s):  
Bayu Malindo Putra ◽  
Henny Setyo Lestari
Keyword(s):  
Multiple Regression ◽  
Stock Exchange ◽  
Market Price ◽  
Sampling Technique ◽  
Positive Influence ◽  
Manufacturing Companies ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Independent Variable ◽  
Retained Earnings

This study discusses the effect of the dividend per share, retained earnings per share, return on equity, and lagged <br />price per share to the market price per share on manufacturing companies listed in Indonesia Stock Exchange (IDX). <br />The sampling technique used in this research is purposive sampling. Samples are 33 companies listed in the <br />Indonesia Stock Exchange (IDX) for five years from 2010 to 2014. The dependent variable in this study is the market <br />price per share, while the independent variable is the dividend per share, retained earnings per share, return on <br />equity, and lagged price per share. The method used in this research is multiple regression. The results show that <br />there are positive influence between the dividend per share, retained earnings per share, return on equity and lagged <br />price per share to the market price per share.

scholarly journals RETURN ON EQUITY, DEBT TO TOTAL ASSET RATIO, AND COMPANY VALUE

Riset ◽  
2021 ◽  
Vol 3 (2) ◽  
pp. 534-549
Author(s):  
Rahmawati Hanny Yustrianthe ◽  
Sufyana Mahmudah
Keyword(s):  
Firm Value ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Total Asset ◽  
Manufacturing Companies ◽  
Return On Equity ◽  
Company Value ◽  
Normality Test ◽  
Positive Effect

This study aimed to determine the effect of Return on Equity (ROE) and Debt to Total Asset Ratio (DAR) on Firm Value in manufacturing companies listed on the Indonesia’s Stock Exchange 2015-2019, both partially and simultaneously. The research was categorized as an associative research by using. 179 companies listed on the Indonesia Stock Exchange (BEI) as a population. The sample obtained from 63 companies were selected using purposive sampling technique. The data in this study are secondary data obtained through the Indonesia Stock Exchange (BEI) and related company websites then being analyzed with multicollinearity test, heteroscedasticity test, autocorrelation test, multiple linear regression test, and normality test. The results showed that the Return on Equity (ROE) has a positive effect on Firm Value, Debt to Total Asset Ratio (DAR) has no significant effect on firm value, and Return on Equity (ROE) & Debt to Total Asset Ratio (DAR) has affect on firm value.   Keywords: ROE, DAR, Book Value.

scholarly journals PENGARUH INTANGIBLE ASSET, DEBT TO EQUITY RATIO, DAN RETURN ON ASSET TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014-2018

2019 ◽  
Vol 2 (2) ◽  
Author(s):  
Eka Wulandari ◽  
Risal Rinofah ◽  
Mujino Mujino
Keyword(s):  
Firm Value ◽  
Intangible Assets ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Intangible Asset ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Purposive Sampling ◽  
Equity Ratio ◽  
Regression Tests

AbstrakPenelitian ini bertujuan untuk menganalisis (1) Pengaruh Aset Tidak Berwujud terhadap Nilai Perusahaan. (2) Pengaruh Rasio Hutang terhadap Ekuitas terhadap Nilai Perusahaan. (3) Pengaruh Pengembalian Aset terhadap Nilai Perusahaan (4) dan pengaruh Aset Tidak Berwujud, Rasio Hutang Terhadap Ekuitas, dan Pengembalian Aset Secara Bersamaan Terhadap Nilai Perusahaan di Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2014-2018. Penelitian ini menggunakan sampel 15 perusahaan yang dipilih berdasarkan kriteria, termasuk perusahaan yang menggunakan aturan sistem syariah dan mengalami keuntungan dalam periode yang telah ditentukan. Analisis tanggal yang digunakan adalah teknik purposive sampling menggunakan uji regresi linier berganda. Hasil penelitian ini adalah pengaruh positif dan signifikan terhadap variabel aset tidak berwujud pada nilai perusahaan, variabel rasio utang terhadap ekuitas berpengaruh negatif dan tidak signifikan terhadap nilai perusahaan, pengembalian aset memiliki pengaruh positif dan signifikan terhadap nilai perusahaan, dan yang terakhir adalah aset tidak berwu Kata Kunci:    Aktiva Tidak Berwujud, Rasio Hutang terhadap Ekuitas, Pengembalian Aktiva, dan Nilai PerusahaanAbstractThis study aims to analyze (1) The Effect of Intangible Assets on Firm Value. (2) The Effect of Debt to Equity Ratio on Firm Value. (3) The Effect of Return on Assets on Firm Value (4) and the effect of Intangible Asset, Debt to Equity Ratio, and Return on Assets Simultaneously Against the Firm Value in Manufacturing Companies Listed on the Indonesia Stock Exchange Period 2014-2018. This study uses a sample of 15 companies selected based on criteria, including companies that use the rules of the sharia system and experience profits in a predetermined period. Date analysis used was purposive sampling technique using multiple linear regression tests. The results of this study are positive and significant influences on the intangible asset variable on firm value, the variable debt to equity ratio has a negative and not significant effect on firm value, return on assets has a positive and significant effect on firm value, and the last is  intangible assets, debt to equity ratio and return on assset influence jointly or simultaneously on the company's value.Keywords :  Intangible Asset, Debt to Equity Ratio, Return on Assets, and Firm Valuebstract

scholarly journals Pengaruh Return On Equity (Roe), Investment Opportunity Set (Ios), Debt To Equity Ratio (Der), Dan Dividend Payout Ratio (Dpr) Terhadap Nilai Perusahaan pada Perusahaan Manufaktur di Bursa Efek Indonesia Periode 2014-2017

2020 ◽  
Vol 8 (1) ◽  
pp. 65-75
Author(s):  
Lidya Anggraeni
Keyword(s):  
Firm Value ◽  
Manufacturing Industry ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Manufacturing Companies ◽  
Return On Equity ◽  
Investment Opportunity Set ◽  
Equity Ratio ◽  
Data Collection Technique ◽  
Positive Effect

This study aims to determine the effect of ROE, IOS, DER and DPR on the value of the company in the manufacturing industry listed on the Indonesia Stock Exchange (IDX) in 2014-2017, both partially and simultaneously. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2014-2017, the study sample of 13 manufacturing companies obtained by purposive sampling technique. The data collection technique used is documentation. Data analysis was performed by multiple regression analysis techniques. The results of the study show that simultaneously the ROE, IOE, DER and DPR variables together influence the firm value and partially only the IOS and DER variables that have a positive effect on the value of the company, ROE, and DPR negatively affect the value of the company.

scholarly journals Analisis Pengaruh Return on Assets, Debt to Equity Ratio dan Return on Equity terhadap Earnings Per Share (Studi Empiris pada Perusahaan Sektor Industri Dasar dan Kimia yang Terdaftar di BEI Periode 2014-2018)

2021 ◽  
Vol 5 (3) ◽  
pp. 255
Author(s):  
Sanny Sanny
Keyword(s):  
Data Analysis ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Least Square ◽  
Return On Assets ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Earnings Per Share ◽  
Equity Ratio ◽  
Industry Sectors

This study aims to analyze the effect of return on assets, debt to equity ratio, and return on equity to earnings per share. This study took as many as 41 companies in the basic and chemical industry sectors listed on the Indonesia Stock Exchange in the 2014-2018 period determined by purposive sampling technique. Data analysis was performed using the robust least square (RLS) method. The results of the study prove that partially return on assets and return on equity have a significant effect on earnings per share, but the debt to equity ratio has not been able to provide a significant effect on earnings per share. This finding also proves that simultaneous return on assets, debt to equity ratio and return on equity have a significant effect on earnings per share. Penelitian ini bertujuan untuk menganalisis pengaruh return on assets, debt to equity ratio, dan return on equity terhadap earnings per share. Penelitian ini mengambil subjek yaitu sebanyak 41 perusahaan sektor industri dasar dan kimia yang terdaftar di Bursa Efek Indonesia dalam periode 2014-2018 yang ditentukan dengan teknik purposive sampling. Analisis data dilakukan dengan metode robust least square (RLS). Hasil penelitian membuktikan bahwa secara parsial return on assets dan return on equity berpengaruh signifikan terhadap earning per share, namun debt to equity ratio belum mampu memberikan pengaruh yang signifikan terhadan earnings per share. Temuan ini juga membuktikan bahwa secara simultan return on assets, debt to equity ratio dan return on equity berpengaruh signifikan terhadap earning per share.

scholarly journals PENGARUH PENERAPAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP PROFITABILITAS PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA TAHUN 2013-2017

2019 ◽  
Vol 14 (1) ◽  
Author(s):  
Kleysia N. Tanod ◽  
Grace B. Nangoi ◽  
I Gede Suwetja
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Sample Selection ◽  
Sampling Technique ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Return On Equity ◽  
Corporate Social

Corporate Social Responsibility is a form of corporate responsibility towards shareholders, parties with an interest in the company and the community. CSR is also an important factor that is the basis for investors' consideration to make investment decisions on the company so that the company can manage investor capital to carry out company activities to achieve profits. This study aims to determine the effect of corporate social responsibility on corporate profitability, this study uses the ratio of return on assets and return on equity to calculate the company's profitability. This research uses quantitative research method with simple linear regression, where this study uses only 1 independent variable and 2 dependent variables. The population use in this study are manufacturing company listed on the Indonesia Stock Exchange in 2013-2017. The sample of this study used 59 manufacturing companies that met the sample selection criteria. Sample selection uses purpose sampling technique. The results show that corporate social responsibility has a significant effect on return on assets and return on equity.

scholarly journals THE EFFECT OF FINANCIAL PERFORMANCE ON LQ45 SHARE RETURN IN INDONESIA STOCK EXCHANGE

2020 ◽  
Vol 4 (2) ◽  
pp. 157-165
Author(s):  
Ida Nur Nikmah ◽  
Sri Handini
Keyword(s):  
Stock Returns ◽  
Stock Exchange ◽  
Sampling Technique ◽  
T Test ◽  
Return On Assets ◽  
F Test ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Price Earnings Ratio ◽  
Equity Ratio

This research was conducted with the aim to find out and analyze the effect of simultaneous return on assets, return on equity, debt to equity ratio, debt to assets ratio, earnings per share, and price earning ratio on LQ45 stock returns on the Indonesia Stock Exchange. This study uses a quantitative approach. Based on the porposive sampling technique, the companies that met the research criteria were 17 LQ45 companies on the Indonesia Stock Exchange. The data used are financial statements for the period 2015-2017. Data analysis techniques are using multiple linear regression, F test, and t test.Based on the results of the study note that simultaneous return on assets, return on equity, debt to equity ratio, debt to assets ratio, earnings per share, and price earnings ratio does not affect stock returns, this is evidenced by the results of testing with the F test that shows the significance value is greater than 0.05 which is equal to 0.187. Return On Assets does not have a significant effect on stock returns because the significance value of the t test is greater than 0.05 which is 0.767. Return On Equity does not have a significant effect on stock returns because the significance value of the t test is greater than 0.05 which is equal to 0.489. Debt to Equity Ratio has no significant effect on stock returns because the significance value of the t test is greater than 0.05 which is equal to 0.935. Debt to Assets Ratio does not have a significant effect on stock returns because the significance value of the t test is greater than 0.05 which is 0.593. Earning Per Share has a significant effect on stock returns because the significance value of the t test is greater than 0.05 which is equal to 0.025. Price Earning Ratio has no significant effect on stock returns because the significance value of the t test is greater than 0.05 which is equal to 0.336. 

scholarly journals PENGARUH UKURAN KINERJA ROA, ROE, EPS DAN EVA TERHADAP RETURN SAHAM

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Iwin Arnova
Keyword(s):  
Regression Analysis ◽  
Stock Returns ◽  
Economic Value ◽  
Value Added ◽  
Sampling Technique ◽  
Economic Value Added ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Return On Equity ◽  
Earnings Per Share

Iwin Arnova; This study aimed to determine the effect of Return on Assets, Return on Equity, Earnings Per Share, and Economic Value Added to stock return. This study is still condicted regards  different  result  of  various  research.  The  research  was  conducted  using  secondary  data.  The population in this study are all manufacturing companies listed on the Indonesia Stock Exchange (IDX) of the year 2008-2011. The sampling method applies purposive sampling technique. On 48  samples. The data is analysis uses multiple regression analysis. The results of the regression analysis showed that the return on assets have a positive and significant effect on stock returns.  Return on Equity and Earnings Per Share has no effect on stock returns, while the Economic Value Added negatively affect, stock returns. Adjusted R Square value is 0.989, it can be condud 98.9% variable Return on Assets, Return on Equity, Earnings Per Share, and Economic Value Added can be  explained  by  the  variable  stock  returns  while  the  remaining  1.1%  is  explained  by  other variables.

scholarly journals Kinerja Keuangan dan Return Saham Perusahaan Blue Chip di Bursa Efek Indonesia

2021 ◽  
Vol 31 (12) ◽  
pp. 3288
Author(s):  
Ariel Suryo ◽  
Gerianta Wirawan Yasa
Keyword(s):  
Stock Returns ◽  
Stock Exchange ◽  
Participant Observation ◽  
Sampling Technique ◽  
Return On Assets ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Analysis Technique ◽  
Linear Regression Technique ◽  
Blue Chip

The purpose of this study is to provide empirical evidence regarding the effect of return on assets, earnings per share, and return on equity on stock returns. This research was conducted on Blue Chip companies listed on the Indonesia Stock Exchange (IDX). The number of samples taken as many as 81 samples, with non-probability sampling method with saturated sampling technique. Data collection is done by non-participant observation. The analysis technique used is multiple linear regression technique. The results of the analysis found that return on assets, earnings per share, and return on equity had a positive effect on stock returns of Blue Chip companies listed on the IDX for the 2017-2019 period. Keywords : Stock Return; Return On Assets; Earnings Per Share; Return On Equity; Blue Chip.

scholarly journals PENGARUH INTANGIBLE ASSET , DEBT TO EQUITY RATIO , DAN RETURN ON ASSET TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014-2018

2020 ◽  
Vol 7 (1) ◽  
pp. 35-45
Author(s):  
Eka Wulandari ◽  
Risal Rinofah ◽  
Mujino Mujino
Keyword(s):  
Linear Regression ◽  
Firm Value ◽  
Intangible Assets ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Intangible Asset ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Equity Ratio ◽  
Regression Tests

This study aims to analyze (1) The Effect of Intangible Assets on Firm Value. (2) The Effect of Debt to Equity Ratio on Firm Value. (3) The Effect of Return on Assets on Firm Value (4) and the effect of Intangible Asset, Debt to Equity Ratio, and Return on Assets Simultaneously Against the Firm Value in Manufacturing Companies Listed on the Indonesia Stock Exchange Period 2014-2018. This study uses a sample of 15 companies selected based on criteria, including companies that use the rules of the sharia system and experience profits in a predetermined period. Date analysis used was purposive sampling technique using multiple linear regression tests. The results of this study are positive and significant influences on the intangible asset variable on firm value, the variable debt to equity ratio has a negative and not significant effect on firm value, return on assets has a positive and significant effect on firm value, and the last is intangible assets, debt to equity ratio and return on assset influence jointly or simultaneously on the company’s value.

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