PENGARUH RETURN ON ASSETS DAN DEBT TO EQUITY RATIO SERTA EARNING PER SHARE TERHADAP RETURN SAHAM

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh return on assets, debt to equity ratio dan earning per share secara simultan dan parsial terhadap return saham. Populasi dalam penelitian ini adalah perusahaan perdagangan eceran yang terdaftar di Bursa Efek Indonesia sebanyak 10 perusahaan. Data dikumpulkan dengan pencatatan dokumen dan analisis dengan menggunakan analisis regresi linier berganda dengan bantuan program SPSS for windows versi 23. Hasil penelitian ini menunjukkan bahwa: (1) ada pengaruh secara simultan return on assets, debt to equity ratio dan earning per share terhadap return saham, (2) ada pengaruh positif dan signifikan return on assets terhadap return saham, (3) ada pengaruh positif dan signifikan debt to equity ratio terhadap return saham, dan (4) ada pengaruh negatif dan signifikan earning per share terhadap return saham. Kemampuan prediksi dari variabel bebas terhadap return saham sebesar 55,5%, sedangkan 44,5% dipengaruhi faktor lain diluar penelitian ini.
Kata Kunci : debt to equity ratio, earning per share, return on assets, return saham

This study aims to determine the effect of return on assets, debt to equity ratio and earnings per share simultaneously and partially to stock returns. The population in this study is Retailers listed in Indonesia Stock Exchange as many as 10 companies. The data were collected by document recording and analysis by using multiple linear regression analysis with the help of SPSS for windows version 23 program. The results of this study indicate that: (1) there is simultaneous influence on return on assets, debt to equity ratio dan earning per share to stock return, (2) there is a positive and significant influence of return on assets to stock return (3) there is a positive and significant influence of debt to equity ratio to stock return, and (4) there is a negative and significant effect on earning per share to stock return. The prediction ability of free variable to stock return is 55,5%, while 44,5% is influenced by other factor outside this research.
keyword : debt to equity ratio, earning per share, return on assets, return saham