i ABSTRAK
PENGARUH RETURN ON ASSETS, ECONOMIC VALUE ADDED, DEBT EQUITY RATIO, DAN EARNING PER SHARE TERHADAP HARGA
SAHAM PADA PERUSAHAAN SEKTOR MANUFAKTUR
Tujuan dari penelitian ini adalah untuk mengetahui dan menganalisis pengaruh Return On Asset (ROA), Economic Value Added (EVA), Debt Equity
Ratio (DER), dan Earning Per Share (EPS) terhadap harga saham pada
perusahaan manufaktur di Bursa Efek Indonesia. Penelitian ini menggunakan sampel sebanyak 40 perusahaan sektor manufaktur di Bursa Efek Indonesia selama periode bulan Januari 2013 sampai bulan Desember 2015 dengan beberapa kriteria tertentu. Pengumpulan data menggunakan metode studi dokumentasi. Data analisis dengan menggunakan metode analisis regresi linier berganda. Hasil penelitian menunjukkan bahwa secara simultan ROA, EVA, DER, dan EPS berpengaruh signifikan terhadap harga saham perusahaan sektor manufaktur di Bursa Efek Indonesia. Secara parsial, ROA berpengaruh negatif dan signifikan terhadap harga saham, EVA berpengaruh negatif dan signifikan terhadap harga saham, DER berpengaruh positif dan tidak signifikan terhadap harga saham, dan EPS berpengaruh positif dan signifikan terhadap harga saham perusahaan sektor manufaktur di Bursa Efek Indonesia.
Kata Kunci: Harga saham, Return On Asset (ROA), Economic Value Added (EVA), Debt to Equity Ratio (DER), Earning Per Share (EPS), dan Manufaktur.
ii ABSTRACT
THE EFFECT OF RETURN ON ASSETS, ECONOMIC VALUE ADDED, DEBT EQUITY RATIO, AND EARNING PER SHARE TO
SHARE PRICE ON MANUFACTURING SECTOR COMPANY
The purpose of this study was to find out and analyze the effect of Return On Asset (ROA), Economic Value Added (EVA), Debt to Equity Ratio (DER), and Earning Per Share (EPS) toward share price on manufacturing company in Indonesia Stock Exchange. This study is using sampling of 40 companies which are listed in Indonesia Stock Exchange during the period of January 2013 until December 2015 with some specific criteria. The data collection is using documentation study method. The data analysis is using multiple linear regression method. The result showed that simultaneously ROA, EVA, DER, and EPS have significant effect toward share price on manufacturing company in Indonesia Stock Exchange. In partial test ROA has negative and significant effect on share price, EVA has positive and significant effect on share price, DER has positive and no significant effect on share price, and EPS has positive and significant effect on share price on manufacturing company in Indonesia Stock Exchange.
Key Words: Share Price, Return On Asset (ROA), Economic Value Added (EVA), Debt to Equity Ratio (DER), Earning Per Share (EPS), and Manufacturing
