ABSTRAK

A capital market is a place for companies to achieve their goals by publishing stock that will later be purchased and invested in the company to seek mutual benefits involved with the company and the investors. This research was conducted to find out the effect of Return On Asset (ROA), Return On Equity (ROE) and Earning Per Share (EPS) on Stock Prices.

Based on the explanation above, this research has a causal associative characteristic namely a research that looks for a causal relationship or effect, also the independent variables (ROA X1, ROE X2, and EPS X3) on the dependent variable (Y) Stock Price. The population of this study is sub-sector companies Food and Beverages listed on the IDX for the period 2014 - 2018. The sampling method was purposive sampling with a total sample size of 10 companies. This study used quantitative and secondary data based on financial report data from each issuer.

The results of this study showed that (1) Partially Return On Asset (ROA) has a significant effect on Stock Prices (2) Return on Equity (ROE) partially has a significant effect on Stock Prices (3) Partially Earning Per Share (EPS) has a significant effect on Stock Prices (4) Return On Asset (ROA) and Return On Equity (ROE) simultaneously have a significant effect on Stock Prices (5) Return On Asset (ROA) and Earning Per Share (EPS) simultaneously have a significant effect on Stock Prices (6) Return On Equity (ROE) and Earning Per Share (EPS) simultaneously have a significant effect on Stock Prices (7) Return On Asset (ROA), Return On Equity (ROE) and Earning Per Share (EPS) simultaneously have a significant effect on Stock Prices.

Keywords: Return On Asset (ROA), Return On Equity (ROE), Earning Per Share (EPS), Stock Price.

ABSTRAK

Pasar modal merupakan tempat bagi perusahaan dalam mencapai tujuannya dengan cara menerbitkan saham yang nantinya akan dibeli dan diinvestasikan kepada perusahaan dalam rangka mencari keuntungan bersama baik perusahaan maupun investor yang bersangkutan. Penelitian ini dilakukan untuk mengetahui pengaruh Return On Asset (ROA), Return On Equity (ROE) dan Earning Per Share (EPS) terhadap Harga Saham.

Penelitian ini bersifat asosiatif kausal berdasarkan penjelasan diatas yaitu penelitian yang mencari hubungan atau pengaruh sebab akibat, yaitu variabel independen/bebas (ROA X1, ROE X2 dan EPS X3) terhadap variabel dependen/terikat (Harga Saham Y). Populasi penelitian ini adalah perusahaan Sub Sektor Makanan dan Minuman yang terdaftar di BEI periode 2014 – 2018. Metode pengambilan sampel yang digunakan adalah purposive sampling dengan jumlah sampel yang digunakan sebanyak 10 perusahaan. Penelitian ini menggunakan data kuantitatif dan sekunder berdasarkan data laporan keuangan dari setiap emiten.

Hasil dari penelitian ini menunjukkan bahwa (1) Return On Asset (ROA) secara parsial berpengaruh signifikan terhadap Harga Saham (2) Return On Equity (ROE) secara parsial berpengaruh signifikan terhadap Harga Saham (3) Earning Per Share (EPS) secara parsial berpengaruh signifikan terhadap Harga Saham (4) Return On Equity (ROE) dan Return On Equity (ROE) secara simultan berpengaruh signifikan terhadap Harga Saham (5) Return On Asset (ROA) dan Earning Per Share (EPS) secara simultan berpengaruh signifikan terhadap Harga Saham (6) Return On Equity (ROE) dan Earning Per Share (EPS) secara simultan berpengaruh signifikan terhadap Harga Saham (7) Return On Asset (ROA), Return On Equity (ROE) dan Earning Per Share (EPS) terhadap Harga Saham.

Kata Kunci: Return On Asset (ROA), Return On Equity (ROE), Earning Per Share (EPS), Harga Saham.