Pengaruh Rasio Profitabilitas dan Rasio Aktivitas terhadap Harga Saham pada Perusahaan Sub Sektor Ritel di Indonesia
Abstract
This research was conducted to determine the effect of profitability ratios, namely Gross Profit Margin and Return on Equity and activity ratios, namely Total Asset Turnover and Working Capital Turnover, which have an influence on stock prices of retail companies in Indonesia. In this study, there were 10 retail companies that had been listed on the Indonesia Stock Exchange from 2008 to 2020 using multiple linear regression analysis techniques. The results of this study are that the Gross Profit Margin, Return on Equity and Total Asset Turnover variables have an influence on retail company stock prices while the Working Capital Turnover variable has no effect on retail company stock prices in Indonesia. From the results of this study are expected to provide information about the factors that affect the company's stock price so that investors can invest properly.Keywords: stock prices, activity ratios, profitability ratios
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Brigham EF, Houston JF. 2011. Dasar-dasar Manajemen Keuangan Terjemahan. Elliyana E. 2018. Relationship between Return on Asset (RoA) and Stock Return (SR)
for Agribusiness Go Public Company.
Jin Z, Yang Y, Liu Y. 2020. Stock Closing Price Prediction Based on Sentiment Analysis and LSTM. Neural Comput. Appl. 32: 9713–9729.
Karaca SS, Savsar A. 2012. The Effect of Financial Ratios on the Firm Value: Evidence from Turkey. J. Appl. Econ. Sci. 7: 56–63.
Kennedy J. 2003. Analisis Pengaruh ROA, ROE, EPS, Profit Margin, Asset Turnover Leverage, DER Terhadap Return Saham: Studi pada Saham-saham yang Termasuk dalam lq-45 di Bursa Efek Jakarta l.
Martani D, Khairurizka R. 2009. The Effect of Financial Ratios, Firm Size, and Cash Flow From Operating Activities in the Interim Report to the Stock return. Chinese Bus. Rev. 8: 44.
Pascarina MY, Surya RAS, Al Azhar A. 2016. Pengaruh Rasio Keuangan Terhadap Pertumbuhan Laba pada Perusahaan Industri Penghasil Bahan Baku yang Terdaftar Di BEI Periode 2011-2013.
Rahadi RA, Candra BP, Rahmawati D, Kitri ML, Putranto NAR, Faturohman T. 2021. The Impact of Hotel and Online Travel Agent Collaboration on Summit Siliwangi Hotel’s Profit Margin. Rev. Integr. Bus. Econ. Res. 10: 229–243.
Rahmadewi PW. 2018. Pengaruh EPS , PER , CR , Dan ROE Terhadap Harga Saham Di Fakultas Ekonomi dan Bisnis Universitas Udayana, Bali, Indonesia. Manajemen 7: 2106–2133.
Ratio C, To D, Ratio E, Turnover TA, Asset RON, To P, Value B, Faktor S, Saham R. 2014. Current Ratio, Debt To Equity Ratio, Total Asset Turnover, Return on Asset, Price To Book Value Sebagai Faktor Penentu Return Saham. Manag. Anal. J. 3: 1– 12.
Rodoni A, Ali H. 2014. Manajemen Keuangan Modern. Language (Baltim). 10: 24cm. Savelyeva K V. 2012. How to Increase Your Gross Profit margin.
Singh V. 2015. Significance of Working Capital Turnover Ratio: A Case Study of BHEL and Crompton Greaves. Int. J. Manag. 6: 1–7.
Taani K. 2011. The Effect of Financial Ratios, Firm Size and Cash Flows from Operating Activities on Earnings Per Share:(an applied study: on Jordanian industrial sector). Int. J. Soc. Sci. Humanit. Stud. 3: 197–205.
Wahidhani EH, MM SE. 2015. Moderating Variable at Financial Ratios Evidence from Indonesia. Int. J. Bus. Quant. Econ. Appl. Manag. Res. ISSN: 2349–5677.
ZEYNALI M, MOHAMMAD SJ. 2011. The Effect of Size on Capital Structure, Rate of Return and Earning Per-share in Tehran Stock Exchange Companies (Drudge Industry).
Published
2023-01-16
How to Cite
DWITA, Febrisi et al.
Pengaruh Rasio Profitabilitas dan Rasio Aktivitas terhadap Harga Saham pada Perusahaan Sub Sektor Ritel di Indonesia.
JURNAL ADMINISTRASI KANTOR, [S.l.], v. 10, n. 2, p. 96-109, jan. 2023.
ISSN 2527-9769.
Available at: <https://460290.0x60nl4us.asia/index.php/JAK/article/view/2144>. Date accessed: 28 nov. 2024.
doi: https://doi.org/10.51211/jak.v10i2.2144.
Section
Articles
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
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