PENGARUH RETURN ON ASSET DAN NET PROFIT MARGIN TERHADAP RETURN SAHAM

Yohana Horet 1, H. Eddy Soegiarto K 2, Camelia Verahastuti 3

Abstract


ABSTRACT

The purpose of this study is to find out and analyze the influence 1).  Return on Asset (ROA) against Stock Return on mining companies listed on the Indonesia Stock Exchange in 2019-2021, 2). Net Profit Margin (NPM) against Stock Return in mining companies listed on the Indonesia Stock Exchange in 2019-2021.

The theoretical basis used in this research is financial accounting. The analytical tool used is the formula for Return On Assets, Net Profit Margin and Stock Return. The type of research used is quantitative research obtained from secondary data. With purposive sampling as a sampling method. The data analysis technique in this research is using multiple linear regression analysis with the help of the statistical computer application program SPSS (Statistical Package For Social Science).

Based on the results of data analysis and discussion, it can be concluded that the results of the study 1). Return On Assets has a positive and insignificant effect on Stock Returns in mining companies in 2019-2021 because from the analysis of test value t 0.051 or  5.1%, the calculated t value is 0.225 < t table 2,042 with a significant rate of 0.824 > 0.05. 2). Net Profit Margin has a positive and insignificant effect on Stock Returns in mining companies in 2019-2021 because from the analysis of Test Value t 0,068 or 6.8%, the calculated t value is 0,303 < t table 2.042 with a signification rate of 0.764 > 0.05.

 


Keywords


Return on Asset, Net Profit Margin, Stock Return

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References


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