ABSTRAK
Penelitian ini bertujuan untuk menemukan bukti empiris dan faktor-faktor yang mempengaruhi return saham pada industri barang konsumsi. Objek dalam penelitian ini adalah perusahaan industri barang konsumsi yang terdaftar di BEI pada periode 2009-2011.
Metode pengumpulan data dalam penelitian ini dilakukan dengan teknik dokumentasi. Data sekunder diperoleh dari laporan keuangan yang terdapat di dalam Indonesian Capital Market Directory (ICMD) 2011 dan website Bursa Efek Indonesia analisis statistik dengan bantuan SPSS 17.0
Hipotesis dalam penelitian ini adalah current ratio(CR), return on asset (ROA), return on equity (ROE), earning per share (EPS), debt to asset ratio (DAR), debt to equity ratio (DER), net profit margin (NPM), price to book value (PBV), price earning ratio (PER) secara parsial dan secara simultan berpengaruh signifikan terhadap return saham. Pengujian hipotesis dilakukan melalui uji t (uji parsial) dan uji F (uji simultan).
Hasil analisis menunjukkan bahwa secara simultan, seluruh variabel independen dalam penelitian ini tidak berpengaruh signifikan terhadap return saham. Secara parsial variabel current ratio(CR), return on asset (ROA), return on equity (ROE), earning per share (EPS), debt to asset ratio (DAR), debt to equity ratio (DER), net profit margin (NPM), price to book value (PBV), price earning ratio (PER) tidak berpengaruh signifikan terhadap return saham.
Kata kunci: Current Ratio, Return on Asset, Return on Equity, Earning Per Share, Debt to Asset Ratio, Debt to Equity Ratio, Net Profit Margin, Price to Book Value , Price Earning Ratio, dan Return
Saham.
ABSTRACT
This study aims to find empirial evidence and the factors that affect stock returns in the consumer goods industry. Objects in this study is the consumer goods industry company listed on the Stock Exchange in the period 2009-2011
Methods of data coleection in this study was done by using documentation technique, Secondary data obtained from the financial statements contained in the Indonesian Capital Market Directory (ICMD) in 2011 and the Indonesia Stock Exchange website statistical analysis using SPSS 17.0
The hypothesis of this study is the current ratio (CR), return on assets (ROA), return on equity (ROE), earning per share (EPS), debt to asset ratio (DAR), debt to equity ratio (DER), net profit margin (NPM), price to book value (PBV), price earning ratio (PER) partially and simultaneously significant effect on stock returns. Hypothesis testing is done by t test (partial testing) and F test (test simultaneously).
The analysis showed that simultaneous, all the independent variables in this study had no significant effect on stock returns. Partial variable current ratio (CR), return on assets (ROA), return on equity (ROE), earning per share (EPS), debt to asset ratio (DAR), debt to equity ratio (DER), the net profit margin (NPM), price to book value (PBV), price earnings ratio (PER) had no significant effect on stock returns.
Key words: Current Ratio, Return on Asset, Return on Equity, Earning Per Share, Debt to Asset Ratio, Debt to Equity Ratio, Net Profit Margin, Price to Book Value , Price Earning Ratio, and Stock return.
