Perhitungan Return On Asset (ROE)

(1)

No Nama Kode

1. PT. Akasha Wira International Tbk ADES

2. PT. Wilmar Cahaya Indonesia Tbk CEKA

3. PT. Delta Djakarta Tbk DLTA

4. PT. Indofood Sukses Makmur Tbk INDF

5. PT. Mayora Indah Tbk MYOR

6. PT. Multi Bintang Indonesia Tbk MLBI

7. PT. Prasidha Aneka Niaga Tbk PSDN

8. PT. Sekar Laut Tbk SKLT

9. PT. Siantar Top Tbk STTP

10. PT. Tiga Pilar Sejahtera Food Tbk AISA

11. PT. Ultra Jaya Milk Tbk ULTJ

Perhitungan

Return On Asset

_(ROE)

Lampiran 2 : Perhitungan Return On Asset (ROE) Tahun 2009 PERHITUNGAN ROE TAHUN 2009

No Nama Perusahaan

Laba Setelah Pajak

Total

Ekuitas ROE

1. PT. Akasha Wira International Tbk 16.321 68.219 0,24

2. PT. Wilmar Cahaya Indonesia Tbk 50.657 301.503 0,17

3. PT. Delta Djakarta Tbk 131.758 590.226 0,22

4. PT. Indofood Sukses Makmur Tbk 980.357 7.190.549 0,09

5. PT. Mayora Indah Tbk 382.503 1.581.755 0,24

6. PT. Multi Bintang Indonesia Tbk 340.577 105.211 3,24

7. PT. Prasidha Aneka Niaga Tbk 44.943 125.429 0,36

8. PT. Sekar Laut Tbk 12.803 113.468 0,00

(2)

No Nama Perusahaan

Laba Setelah Pajak

Total

Ekuitas ROE

4. PT. Indofood Sukses Makmur Tbk 3.934.808 16.784.671 0,23

8. PT. Sekar Laut Tbk 4.834 118.301 0,04

9. PT. Siantar Top Tbk 41.734 447.140 0,09

10. PT. Tiga Pilar Sejahtera Food Tbk 80.066 590.069 0,14

11. PT. Ultra Jaya Milk Tbk 107.339 1.297.953 0,08

Rata-rata _485.859 _2.075.027 _0,239027273

Minimum _4.834 _99.878 _0,0409

Maksimum _3.934.808 _16.784.671 _0,9402

Sumber : IDX Tahun 2010, data diolah

No Nama Perusahaan

Laba Setelah Pajak

Total

(3)

10. PT. Tiga Pilar Sejahtera Food Tbk 149.951 1.832.817 0,08

Rata-rata _589.110 _3.611.220 _0,21504545

Minimum _5.977 _122.900 _0,0486

Maksimum _4.891.673 _31.610.225 _0,9568

No Nama Perusahaan

Laba Setelah Pajak

Total

Ekuitas ROE

4. PT. Indofood Sukses Makmur Tbk 4.779.446 34.142.674 0,14

8. PT. Sekar Laut Tbk 7.963 129.483 0,06

Rata-rata _640.703 _3.967.258 _0,2933636

Minimum _7.963 _129.483 _0,0615

Maksimum _4.779.446 _34.142.674 _1,3746

(4)

8. PT. Sekar Laut Tbk 9.221 138.703 0,07

Rata-rata _527.480 _4.507.604 _0,212709091

Minimum _9.221 _138.703 _0,0329

Maksimum _3.416.635 _38.373.129 _0,9679

Perhitungan

EARNING PER SHARE

_(EPS)

Lampiran 7 : Perhitungan Earning Per Share(EPS) Tahun 2009 PERHITUNGAN EPS TAHUN 2009

No Nama Perusahaan

Laba Setelah

6. PT. Multi Bintang Indonesia Tbk 340.577 21 16217,95

(5)

Lampiran 8 : Perhitungan Earning Per Share(EPS) Tahun 2010 PERHITUNGAN EPS TAHUN 2010

No Nama Perusahaan

Laba Setelah

4. PT. Indofood Sukses Makmur Tbk 3.934.808 8.780 336,30

5. PT. Mayora Indah Tbk 499.655 767 651,44

8. PT. Sekar Laut Tbk 4.834 691 7,00

11. PT. Ultra Jaya Milk Tbk 107.339 2.888 37,17

Rata-Rata 485.859 1.679 2864,178

Minimum 4.834 16 6,996

Maksimum 3.934.808 8.780 21097,619

Lampiran 9 : Perhitungan Earning Per Share (EPS) Tahun 2011 PERHITUNGAN EPS TAHUN 2011

No Nama Perusahaan

(6)

Rata-Rata 589.110 1.679 3196,3502

Minimum 5.977 16 8,6497829

Maksimum 4.891.673 8.780 24161,048

Lampiran 10 : Perhitungan Earning Per Share (EPS) Tahun 2011 PERHITUNGAN EPS TAHUN 2011

No Nama Perusahaan

Laba Setelah

8. PT. Sekar Laut Tbk 5.977 691 8,65

Rata-Rata 589.110 1.679 3196,3502

Minimum 5.977 16 8,6497829

Maksimum 4.891.673 8.780 24161,048

(7)

No Nama Perusahaan

8. PT. Sekar Laut Tbk 9.221 691 13,35

Rata-Rata 529.350 1.793 4871,80545

Minimum 9.221 16 2,09

Maksimum 3.416.635 8.780 32764,93

Perhitungan Beta

Lampiran 12 : Perhitungan Beta

Hasil Perhitungan Risiko Sistematik (BETA) 2009 - 2014

(8)

4.

Sukses Makmur

Tbk 1,40 1,10 1,55 0,46 0,69 1,04

5.

PT. Mayora Indah

Tbk 0,82 0,95 1,94 0,6 1,32 1,126

6.

PT. Multi Bintang

Indonesia Tbk 0,2 0,64 -0,02 -1,2 1,53 0,23

PT. Siantar Top

Tbk 0,37 0,5 1,02 -0,75 0,55 0,338

Rata-Rata _{0,32273 0,93182 1,04273 0,77364 1,16273 0,84672727}

Minimum _-0,86 _-0,19 _-0,02 _-1,41 ₀ _0,144

Maksimum _1,4 _3,52 _2,64 _3,42 _2,79 _1,702

(9)

Price Return Price Return

Statistics Return saham = Harga saham tahun t - harga saham tahun t-1 / harga saham tahun t-1

Multiple R 0,27071

(10)

Regression 1 0,03303 0,033027 0,71171 0,42073

Intercept -0,1216 0,0859

-1,415765 0,19051 -0,3159 0,0727 -0,3159 0,0727

X Variable 1 -0,8679 1,02881

(11)

Multiple R 0,63997

(12)

Regression 1 0,35482 0,35482 6,24281 0,03394

Residual 9 0,51153 0,05684

Total 10 0,86636

Coefficients

Standard

Error t Stat P-value Lower 95%

Upper 95%

Lower 95,0%

(13)

Multiple R 0,84978

Return saham = Harga saham tahun t - harga saham tahun t-1 / harga saham tahun t-1

(14)

Regression 1 0,17773 0,17773 23,3886 0,00093

Residual 9 0,06839 0,0076

Total 10 0,24612

Coefficients

Standard

Upper 95%

Lower 95,0%

(15)

Multiple R 0,15816

(16)

Regression 1 0,0028 0,0028 0,23091 0,64231

Residual 9 0,10906 0,01212

Total 10 0,11186

Coefficients

Standard

Upper 95%

Lower 95,0%

(17)

Multiple R 0,76078

(18)

Regression 1 0,20884 0,20884 12,3671 0,00655

Residual 9 0,15198 0,01689

Total 10 0,36082

Coefficients

Standard

Upper 95%

Lower 95,0%

(19)

Multiple R 0,13863

(20)

Regression 1 0,00265 0,00265 0,17635 0,68438

Residual 9 0,13529 0,01503

Total 10 0,13794

Coefficients

Standard

Upper 95%

Lower 95,0%

(21)

Multiple R 0,40624

(22)

Regression 1 0,03649 0,03649 1,77882 0,21506

Residual 9 0,18462 0,02051

Total 10 0,22111

Coefficients

Standard

Upper 95%

Lower 95,0%

(23)

Multiple R 0,14389

(24)

Regression 1 0,00217 0,00217 0,19029 0,67295

Residual 9 0,10249 0,01139

Total 10 0,10465

Coefficients

Standard

Upper 95%

Lower 95,0%

(25)

Multiple R 0,57802

(26)

Regression 1 0,18141 0,18141 4,51575 0,06252

Residual 9 0,36155 0,04017

Total 10 0,54296

Coefficients

Standard

Upper 95%

Lower 95,0%

(27)

(28)

Regression Statistics

Multiple R 0,67267

R Square 0,45249

Adjusted R

Square 0,39165 Return IHSG = Harga IHSG tahun t - harga IHSG tahun t-1 / harga IHSG t-1 Standard Error 0,0523

Observations 11

(29)

Multiple R 0,60396

(30)

Regression 1 0,05545 0,05545 5,16803 0,04909

Residual 9 0,09656 0,01073

Total 10 0,152

Coefficients

Standard

Upper 95%

Lower 95,0%

(31)

Multiple R 0,05513

(32)

Regression 1 0,00025 0,00025 0,02744 0,87209

Residual 9 0,08244 0,00916

Total 10 0,08269

Coefficients

Standard

Upper 95%

Lower 95,0%

(33)

Multiple R 0,19343

(34)

Regression 1 0,00145 0,00145 0,34982 0,56877

Residual 9 0,03736 0,00415

Total 10 0,03881

Coefficients

Standard

Upper 95%

Lower 95,0%

(35)

Multiple R 0,70079

(36)

(37)

Multiple R 0,63836

(38)

Regression 1 0,01289 0,01289 6,18984 0,03454

Residual 9 0,01874 0,00208

Total 10 0,03163

Coefficients

Standard

Upper 95%

Lower 95,0%

(39)

(40)

Regression 1 0,08618 0,08618 15,2078 0,00362

Residual 9 0,051 0,00567

Total 10 0,13718

Coefficients

Standard

Upper 95%

Lower 95,0%

(41)

Multiple R 0,66335

(42)

Regression 1 0,03513 0,03513 7,07223 0,02607

Residual 9 0,04471 0,00497

Total 10 0,07984

Coefficients

Standard

Upper 95%

Lower 95,0%

(43)

Multiple R 0,82748

(44)

Regression 1 0,06087 0,06087 19,5463 0,00167

Residual 9 0,02803 0,00311

Total 10 0,08889

Coefficients

Standard

Upper 95%

Lower 95,0%

(45)

Multiple R 0,43618

(46)

Regression 1 0,0033 0,0033 2,11453 0,17987

Residual 9 0,01406 0,00156

Total 10 0,01736

Coefficients

Standard

Upper 95%

Lower 95,0%

(47)

Multiple R 0,47651

(48)

Regression 1 0,01282 0,01282 2,64393 0,13839

Residual 9 0,04365 0,00485

Total 10 0,05648

Coefficients

Standard

Upper 95%

Lower 95,0%

(49)

2009,12 4500 2534,36

(50)

Regression 1 0,0295 0,0295 4,105086 0,073395

Residual 9 0,064677 0,007186

Total 10 0,094177

Coefficients

Standard

Error t Stat P-value Lower 95%

Upper 95%

Lower 95,0%

Upper 95,0%

(51)

2010,12 10750 3703,51

(52)

Regression 1 0,026055 0,026055 2,515258 0,147211

Residual 9 0,093229 0,010359

Total 10 0,119284

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

(53)

2011,12 14250 3821,99

(54)

Regression 1 0,095512 0,095512 16,90175 0,002632

Residual 9 0,050859 0,005651

Total 10 0,146371

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

(55)

2012,12 20000 4316,69

(56)

Regression 1 0,005676 0,005676 0,402534 0,541573

Residual 9 0,126905 0,014101

Total 10 0,132581

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

(57)

2013,12 26000 4202,83

Multiple R 0,58167 Return saham = Harga saham tahun t - harga saham tahun t-1 / harga saham tahun t-1

(58)

Regression 1 0,047287 0,047287 4,602153 0,060501

Residual 9 0,092474 0,010275

Total 10 0,139761

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

(59)

Multiple R 0,13799

(60)

Regression 1 0,00191 0,00191 0,17471 0,68576

Residual 9 0,09835 0,01093

Total 10 0,10026

Coefficients

Standard

Upper 95%

Lower 95,0%

(61)

R Square 0,18793

(62)

Regression 1 0,01173 0,01173 2,08275 0,18286

Residual 9 0,05071 0,00563

Total 10 0,06244

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

Intercept -0,0204 0,02625 -0,7771 0,45703 -0,0798 0,03899 -0,0798 0,03899

(63)

Multiple R 0,02139

(64)

Regression 1 2,3E-05 2,3E-05 0,00412 0,95023

Residual 9 0,04924 0,00547

Total 10 0,04927

Coefficients

Standard

Upper 95%

Lower 95,0%

(65)

R Square 0,45654

(66)

Regression 1 0,02251 0,02251 7,56064 0,02249

Residual 9 0,0268 0,00298

Total 10 0,04932

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

Intercept -0,0609 0,01678 -3,6287 0,0055 -0,0989 -0,0229 -0,0989 -0,0229

(67)

Multiple R 0,50304

(68)

Regression 1 0,06329 0,06329 3,04907 0,11474

Residual 9 0,18681 0,02076

Total 10 0,2501

Coefficients

Standard

Upper 95%

Lower 95,0%

(69)

2009,12 110 2534,36

(70)

Regression 1 0,000227 0,000227 0,280492 0,609193

Residual 9 0,007286 0,00081

Total 10 0,007513

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

(71)

(72)

Regression 1 0,002688 0,002688 0,75808 0,406554

Residual 9 0,031914 0,003546

Total 10 0,034603

Coefficients

Standard

Upper 95%

Lower 95,0%

(73)

(74)

(75)

(76)

(77)

(78)

(79)

Multiple R 0,10816

(80)

Regression 1 0,00122 0,00122 0,10654 0,75159

Residual 9 0,10282 0,01142

Total 10 0,10404

Coefficients

Standard

Upper 95%

Lower 95,0%

(81)

(82)

Regression 1 0,00534 0,00534 2,1064 0,18063

Residual 9 0,02281 0,00253

Total 10 0,02815

Coefficients

Standard

Upper 95%

Lower 95,0%

(83)

(84)

Regression 1 0 0 #NUM! #NUM!

Residual 9 0 0

Total 10 0

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

Intercept 0 0 65535 #NUM! 0 0 0 0

(85)

(86)

Regression 1 0,0045 0,0045 1,00189 0,343

Residual 9 0,0404 0,00449

Total 10 0,04489

Coefficients

Standard

Upper 95%

Lower 95,0%

(87)

(88)

Regression 1 0 0 #NUM! #NUM!

Residual 9 0 0

Total 10 0

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

Intercept 0 0 65535 #NUM! 0 0 0 0

(89)

Multiple R 0,32774

(90)

Regression 1 0,00616 0,00616 1,08306 0,32516

Residual 9 0,0512 0,00569

Total 10 0,05736

Coefficients

Standard

Upper 95%

Lower 95,0%

(91)

Multiple R 0,37481

(92)

Regression 1 0,00728 0,00728 1,47101 0,25606

Residual 9 0,04451 0,00495

Total 10 0,05179

Coefficients

Standard

Upper 95%

Lower 95,0%

(93)

Multiple R 0,57326

(94)

Regression 1 0,02679 0,02679 4,40539 0,06523

Residual 9 0,05472 0,00608

Total 10 0,08151

Coefficients

Standard

Upper 95%

Lower 95,0%

(95)

(96)

Regression 1 0,00882 0,00882 0,37501 0,55544

Residual 9 0,21172 0,02352

Total 10 0,22054

Coefficients

Standard

Upper 95%

Lower 95,0%

(97)

Multiple R 0,26096

(98)

Regression 1 0,00822 0,00822 0,65768 0,4383

Residual 9 0,11255 0,01251

Total 10 0,12078

Coefficients

Standard

Upper 95%

Lower 95,0%

(99)

2009,12 360 2534,36

(100)

Regression 1 0,019284 0,019284 18,27535 0,002065

Residual 9 0,009497 0,001055

Total 10 0,02878

Coefficients

Standard

Upper 95%

Lower 95,0%

Upper 95,0%

(101)

(102)

Regression 1 0,001054 0,001054 0,119324 0,737705

Residual 9 0,079488 0,008832

Total 10 0,080542

Coefficients

Standard

Upper 95%

Lower 95,0%

(103)

(104)

(105)

(106)

(107)

(108)

(109)

Multiple R 0,18176

(110)

Regression 1 0,00138 0,00138 0,3075 0,59273

Residual 9 0,04036 0,00448

Total 10 0,04174

Coefficients

Standard

Upper 95%

Lower 95,0%

(111)

Multiple R 0,46772

(112)

Regression 1 0,09148 0,09148 2,52017 0,14686

Residual 9 0,32669 0,0363

Total 10 0,41817

Coefficients

Standard

Upper 95%

Lower 95,0%

(113)

Multiple R 0,81022

(114)

Regression 1 0,10585 0,10585 17,1976 0,0025

Residual 9 0,0554 0,00616

Total 10 0,16125

Coefficients

Standard

Upper 95%

Lower 95,0%

(115)

Multiple R 0,44212

(116)

Regression 1 0,00848 0,00848 2,18663 0,17334

Residual 9 0,03489 0,00388

Total 10 0,04336

Coefficients

Standard

Upper 95%

Lower 95,0%

(117)

Multiple R 0,65592

(118)

Regression 1 0,11895 0,11895 6,79578 0,02842

Residual 9 0,15754 0,0175

Total 10 0,27649

Coefficients

Standard

Upper 95%

Lower 95,0%

(119)

BULAN IHSG (TAHUN)

2009 2010 2011 2012 2013

Januari 1332,67 2610,8 3409,17

3941.6

9 4453.70

Februari 1285,48 2549,03 3470,35

3985.2

Agustus 2341,54 3081,88 3841,73

4060.3

3 4195.09

September 2467,59 3501,3 3549,03

4262.5

6 4316.18

Oktober 2367,7 3635,32 3790,85

4350.2

9 4510.63

November 2415,84 3531,21 3715,08

4276.1

4 4256.44

Desember 2534,36 3703,51 3821,99

4316.6

9 4274.18

(120)

Hasil Uji Deskriptif

Harga_Saham 44 98.33 108004.17 4808.1284 17049.83688

Valid N (listwise) 44

Lampiran 70 : Hasil Uji Normalitas

Hasil Uji Normalitas sebelum Outlier

One-Sample Kolmogorov -Smirnov Test

55

(121)

One-Sample Kolmogorov-Smirnov Test

Unstandardized

Residual

N 44

Normal Parametersa Mean .0000000

Std. Deviation 1.53913428E3

Most Extreme

Differences

Absolute .164

Positive .164

Negative -.104

Kolmogorov-Smirnov Z 1.089

Asymp. Sig. (2-tailed) .186

a. Test distribution is Normal.

Hasil Uji Hipotesis

Lampiran 72 : Uji F

ANOVAb

Model Sum of Squares Df Mean Square F Sig.

1 Regression 1.240E10 3 4.133E9 1.623E3 .000a

Residual _1.019E8 ₄₀ _2546604.398

Total _1.250E10 ₄₃

a. Predictors: (Constant), Risiko_Sistematis, EPS, ROE

(122)

Model Summaryb

Model R R Square Adjusted R Square Std. Error of the Estimate

1 _.996a _.992 _.991 _1595.80838

a. Predictors: (Constant), Risiko_Sistematis, EPS, ROE

b. Dependent Variable: Harga_Saham

Hasil Uji t

Risiko_Sistematis 211.385 232.721 .013 .908 .369

(123)

KETERANGAN September Oktober November Desember Januari 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 Penulisan Pra-proposal

Presentasi Proposal Pengumpulan Data Analisis Data Penulisan Laporan Skripsi

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