Proceedings of the International Conference on Economic, Management and Accounting (ICEMAC 2023)

The Effect Of NPM, ROA And ROE On Stock Prices at Pharmacy Companies Listed On The Indonesian Stock Exchange Period 2018 – 2022

Authors
Eka Janisa1, *, Nova Miliyani Abidin1, Irma Hafyuni1
1Management Study Program, Nusa Putra University, Sukabumi, West Java, Indonesia
*Corresponding author. Email: eka.janisa_mn20@nusaputra.ac.id
Corresponding Author
Eka Janisa
Available Online 2 August 2024.
DOI
10.2991/978-94-6463-492-1_22How to use a DOI?
Keywords
Net Profit Margin; Return on Assets; Return On Equity; Stock Price
Abstract

The purpose of this research is to know the effect of Net Profit Margin, Return on Assets and Return on Equity about stock prices at Pharmacy companies listed on the Indonesia Stock Exchange for the period 2018 – 2022. The selection of samples using the Purposive sampling method, so as to obtain a sample of 9 companies. The data Data in the form of secondary data obtained from collecting annual financial reports, general descriptions and developments of pharmaceutical companies listed on the Indonesia Stock Exchange 2018 - 2022 which can be directly accessed on the Indonesia Stock Exchange (BEI) website and company websites. The data analysis technique uses normality test, multicollinearity test, multiple linear regression test, coefficient of determination, t test and F test which are processed with the help of the IBM SPSS Statistics 25 program. The result is that partially the Net Profit Margin (NPM) variable has no significant effect on the share price of pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) for the 2018–2022 period with a sig value 0,080 > 0,05, while the Return on Assets (ROA) and Return on Equity (ROE) variables partially have a significant effect with a sig value < 0,05 of 0,032 and 0,001. Simultaneously Net Profit Margin (NPM), Return on Assets (ROA) and Return on Equity (ROE) together have a positive and significant effect on stock prices with a sig value of 0,000 < from the alpha value of 0,05 and an Fcount value of 12,589 > Ftable 2,83.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economic, Management and Accounting (ICEMAC 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
2 August 2024
ISBN
10.2991/978-94-6463-492-1_22
ISSN
2352-5428
DOI
10.2991/978-94-6463-492-1_22How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Eka Janisa
AU  - Nova Miliyani Abidin
AU  - Irma Hafyuni
PY  - 2024
DA  - 2024/08/02
TI  - The Effect Of NPM, ROA And ROE On Stock Prices at Pharmacy Companies Listed On The Indonesian Stock Exchange Period 2018 – 2022
BT  - Proceedings of the International Conference on Economic, Management and Accounting (ICEMAC 2023)
PB  - Atlantis Press
SP  - 280
EP  - 291
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-492-1_22
DO  - 10.2991/978-94-6463-492-1_22
ID  - Janisa2024
ER  -