Analysis of the effect of return on assets, debt to equity ratio, net profit margin, earning per share on stock returns in automotive and component sub-sector companies

Sairun Simanullang and Fransiska Simanullang
Additional contact information
Sairun Simanullang: Universitas Tama Jagakarsa
Fransiska Simanullang: Universitas Tama Jagakarsa

Priviet Social Sciences Journal, 2023, vol. 3, issue 11, 23-33

Abstract: This research aims to determine the influence of profitability and leverage on stock returns. The sampling technique in this study uses a survey on the Indonesia Stock Exchange. The data analysis methods used include validity and reliability tests, classical assumption tests, regression analysis, correlation and determination coefficient analysis, and hypothesis testing. The results of this research indicate that: Return on Assets has a significant influence on returns in the automotive and component sub-sector companies on the Indonesia Stock Exchange. There is an influence of the debt to equity ratio on stock returns in automotive and component sub-sector companies on the Indonesia Stock Exchange. Net profit margin does not have a significant influence on stock returns. Earning per share influences stock returns in automotive and component sub-sector companies on the Indonesia Stock Exchange. Return on assets, debt to equity ratio, net profit margin, and earning per share influence stock returns in automotive and component companies listed on the Indonesia Stock Exchange during the period 2017-2021.

Keywords: Return on assets; debt to equity ratio; net profit margin; earning per share; stock returns (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journal.privietlab.org/download.php?id=576 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prv:pssjpv:257

Ordering information: This journal article can be ordered from
https://journal.priv ... SSJ/article/view/257

DOI: 10.55942/pssj.v3i11.257

Access Statistics for this article

More articles in Priviet Social Sciences Journal from Privietlab Research Center
Bibliographic data for series maintained by Mochammad Fahlevi ().