PENGARUH CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER), RETURN ON ASSETS (ROA) DAN NET PROFIT MARGIN (NPM) TERHADAP HARGA SAHAM: Studi Empiris Pada Perusahaan Sub Sektor Food And Beverages Yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2020

Abstract

Stock prices are one of the main components of the capital market that are most important and attractive to investors because they are predicted to provide a favorable rate of return. Companies that can increase stock prices will be in demand by investors. Company performance is one of the essential factors in determining stock prices. Research on stock prices is still exciting because it always gets different results. The purpose of this study is to analyze whether the current ratio, debt to equity ratio, return on assets, the net profit margin affects stock prices in food and beverage companies listed on the Indonesia Stock Exchange for the 2016-2020 period. The population in this study was 150 food and beverage companies, and the data used were annual financial reports published by the company. The sampling method used was the purposive sampling method and obtained 12 sample companies for five years of observation (2016-2020) so that there were 60 samples. The data analysis tool uses multiple linear regression analysis. Based on the study results, it can be concluded that the current ratio, debt to equity ratio, and net profit margin affect stock prices, while the debt-to-equity ratio has no effect.