PENGARUH CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER), NET PROFIT MARGIN (NPM), DAN RETURN ON ASSET (ROA) TERHADAP HARGA SAHAM PADA SUB SEKTOR REAL ESTATE AND PROPERTY YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012-2016
Daftar Isi:
- The purpose of this research is to influence of current ratio (CR), debt to equity ratio (DER), net profit margin (NPM) and return on asset (ROA) to stock price on companies listed in Indonesia Stock Exchange real estate and property sub sector period 2012-2016. Data collection and sample selection in this research is done by using purposive sampling method and got 6 companies that match the criteria. The research data is obtained from Indonesia Stock Exchange. The method used in this research is panel data regression analysis and it is found that the more appropriate model used is random effect. Based on the research of this study shows that simultaneously variable current ratio (CR), debt to equity ratio (DER), net profit margin (NPM), and return on asset (ROA) have a significant effect on stock prices with a significance value 0.000. while the partial only net profit margin (NPM) and return on asset (ROA) significant to stock prices with each significant amount is net profit margin (NPM) of 0.0210 and return on asset (ROA) of 0.000. Keywords: Current Ratio (CR), Debt To Equity Ratio (DER), Net Profit Margin (NPM), Return On Asset (ROA) and Stock Price. Penelitian ini bertujuan untuk mengetahui pengaruh current ratio (CR), debt to equity ratio (DER), net profit margin (NPM) dan return on asset (ROA) terhadap harga saham pada sub sektor real estate and property yang terdaftar di Bursa Efek Indonesia periode 2012-2016. Pengumpulan data dan pemilihan sampel dalam penelitian ini dilakukan dengan cara menggunakan metode purposive sampling dan didapatkan 6 perusahaan yang sesuai dengan kriteria. Data penelitian diperoleh dari Bursa Efek Indonesia. Metode yang digunakan dalam penelitian ini adalah analisis regresi data panel dan didapatkan bahwa model yang lebih tepat digunakan adalah random effect. Berdasarkan hasil penelitian ini menunjukan bahwa secara simultan variabel current ratio (CR), debt to equity ratio (DER), net profit margin (NPM), dan return on asset (ROA) berpengaruh signifikan terhadap harga saham dengan nilai signifikasi 0.000. sedangkan secara parsial hanya net profit margin (NPM) dan return on asset (ROA) yang signifikan terhadap harga saham dengan masingmasing besarnya signifikan adalah net profit margin (NPM) sebesar 0.0210 dan return on asset (ROA) sebesar 0.000. Kata Kunci: Current Ratio (CR), Debt To Equity Ratio (DER), Net Profit Margin (NPM), Return On Asset (ROA) dan Harga Saham.