PENGARUH RETURN ON ASSET DAN NET PROFIT MARGIN TERHADAP RETURN SAHAM (Studi Kasus Pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2019-2021)

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.