PENGARUH DEBT TO EQUITY RATIO, RETURN ON EQUITY, DAN NET PROFIT MARGIN TERHADAP RETURN SAHAM PADA PERUSAHAAN YANG TERDAFTAR DI INDEKS LQ45 PERIODE 2018-2021

Authors

  • Ricky Sugianto Universitas Katolik Indonesia Atma Jaya
  • Rilo Pambudi Universitas Katolik Indonesia Atma Jaya

DOI:

https://doi.org/10.25170/wpm.v16i1.5904

Keywords:

debt to equity ratio, return on equity, net profit margin, return saham

Abstract

This study analyzes the impact of the Debt to Equity Ratio (DER), Return on Equity (ROE), and Net Profit Margin (NPM) on stock returns using secondary data from the LQ45 index for the period 2018 - 2021, available on the Indonesia Stock Exchange (IDX). The sampling technique used was purposive sampling, encompassing 27 companies with a total of 106 data samples. The analytical techniques employed included descriptive statistics and multiple linear regression using SPSS software version 29. The results of the study indicate that the Debt to Equity Ratio (DER) has no significant effect on stock returns, the Return on Equity (ROE) has a significant negative effect on stock returns, and the Net Profit Margin (NPM) has a significant positive effect on stock returns.

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Published

2024-05-15
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