Impact Analysis of Economic Added Value, Earning Per Share, and Net Profit Margin on Share Price

Abstract

The purpose of this study is to determine the effect of Economic Value Added, Earning Per Share and Net Profit Margin on Stock Prices partially and simultaneously on automotive sub-sector companies listed on the Indonesia Stock Exchange (IDX). This research used quantitative data and data sources are secondary data. The analysis unit and observation in this research are automotive sub-sector companies listed on the IDX with a population of 13 companies. From the population, the purposive sampling technique and obtained as many as 6 companies for 5 periods, namely the period 2013-2017 which amounted to 30 samples. The method used in this research is multiple linear regression. The results of this study indicate that partially Economic Value Added has no significant effect on stock prices, Earning Per Share has a significant effect on stock prices and Net Profit Margin has no significant effect on stock prices. Meanwhile, simultaneously Economic Value Added, Earning Per Share and Net Profit Margin have a significant effect on stock prices. Economic Value Added, Earning Per Share and Net Profit Margin can be explained by the share price of 71.5% and the remaining 28.5% is influenced by other variables such as Return of Assets, Return of Equity, Market Value Added, Cash Flow and Sale.