Analisis pengaruh faktor fundamental terhadap harga saham perbankan

  • Natania Naftali Fakultas Ekonomi dan Bisnis, Universitas Tanjungpura, Indonesia
  • Ika Nur Azmi Fakultas Ekonomi dan Bisnis, Universitas Tanjungpura, Indonesia
  • Haryono Haryono Fakultas Ekonomi dan Bisnis, Universitas Tanjungpura, Indonesia
Abstract Views: 95 times
PDF Downloads: 55 times
Keywords: Banking Sector, Earnings per Share, Net Profit Margin, Return on Equity, Stock Price

Abstract

This research examines the influence of fundamental factors (ROE, NPM, and EPS) on stock prices. This research is a type of associative quantitative research category through purposive sampling in obtaining a sample of 39 companies. All banks listed on the Indonesian Stock Exchange (IDX) in the 2019-2022 period are the target population of the research. This study collected archival data from official IDX website. The data is analysed using multiple linear regression with the help of the SPSS 26.0 Data Processing Software Application. The results showed that ROE and NPM have no significant effect on stock prices partially. Meanwhile, EPS has a significant effect on banking stock prices. A higher increase in EPS will have a significant impact on the raising of firm value in the capital market. For investors, EPS can be a major consideration in determining investment decisions. For banking companies, it is important to pay attention and improve the company's performance, especially related to EPS which has a significant influence on the increase in stock prices.

Downloads

Download data is not yet available.

References

Aini, S. N., Minanurohman, A., & Fitriani, N. (2023). Fundamental Analysis of Financial Ratios in Stock Price: Do Loss and Firm Size Matter? Jurnal Dinamika Akuntansi, 15(1), 35–51. https://doi.org/10.15294/jda.v15i1.40072

Andriani, S. D., Kusumastuti, R., & Hernando, R. (2022). Pengaruh Return On Equity (ROE), Earning Per Share (EPS) dan Debt To Equity Ratio (DER) Terhadap Harga Saham (Studi Empiris Pada Perusahaan Industri Makanan Olahan yang Terdaftar di Bursa Efek Indonesia Tahun 2018–2020). Owner: Riset & Jurnal Akuntansi, 7(1), 333–345. https://doi.org/10.33395/owner.v7i1.1268

Bakhri, S., Nurbaiti, F., & Yusuf, A. A. (2023). The Most Influential Factors on Stock Prices in The JII Index. Jurnal Manajemen, 27(3), 612–631. https://doi.org/10.24912/jm.v27i3.1300

Dika, M. F., & Pasaribu, H. (2020). Pengaruh Earning Per Share, Return On Assets, dan Debt to Equity Ratio Terhadap Harga Saham. Nominal: Barometer Riset Akuntansi Dan Manajemen, 9(2), 258–274. https://doi.org/10.21831/nominal.v9i2.31436

Fitriano, Y., & Herfianti, M. (2021). Analisis Pengaruh Return On Asset (ROA), Return On Equity (ROE), dan Net Profit Margin (NPM) Terhadap Harga Saham (Studi Pada Perusahaan Perbankan yang Listed di Bursa Efek Indonesia Periode 2015-2018). Jurnal Ilmiah Ekonomi Dan Bisnis, 9(2), 193–205. https://doi.org/10.37676/ekombis.v9i2.1330

Graciela, E., Laia, M., & Munawarah, M. (2021). Pengaruh Analisis Fundamental Terhadap Harga Saham Syariah yang Tergabung di Jakarta Islamic Index (JII). Owner: Riset & Jurnal Akuntansi, 5(1), 196–207. https://doi.org/10.33395/owner.v5i1.373

Graham, B., Dodd, D. L. F., & Cottle, S. (1934). Security analysis (Vol. 452). McGraw-Hill.

Harlan, S., & Wijaya, H. (2022). Pengaruh ROA, ROE, EPS, dan PBV terhadap Stock Price dan Stock Return. Jurnal Ekonomi, 27(3), 202–223. https://doi.org/10.24912/je.v27i03.873

Jermsittiparsert, K., Ambarita, D. E., Mihardjo, L. W. ., & Ghani, E. K. (2019). Risk-Return Through Financial Ratios as Determinants of Stock Price: a study from ASEAN Region. Journal of Security and Sustainability Issues, 9(1), 199–210. https://doi.org/10.9770/jssi.2019.9.1(15)

Kristiono, A. V. (2024). Are Financial Ratios Able to Predict Bank Stock Prices During the COVID-19 Pandemic? Owner: Riset & Jurnal Akuntansi, 8(2), 1687–1707. https://doi.org/10.33395/owner.v8i2.1951

Nugroho, M., Halik, A., & Arif, D. (2020). Effect of CAMELS Ratio on Indonesia Banking Share Prices. Journal of Asian Finance, Economics, and Business, 7(11), 101–106. https://doi.org/10.13106/jafeb.2020.vol7.no11.101

Piero, R. A., & Natsir, K. (2023). A Study on Internal and External Factors Influencing Manufacturing Company Share Price. Jurnal Manajemen, 27(3), 594–611. https://doi.org/10.24912/jm.v27i3.1357

Pitoyo, M. M. T. Y. (2022). Pentingkah Rasio Keuangan Bagi Harga Saham Di Masa Pemulihan Ekonomi? Jurnal Akuntansi Multiparadigma, 13(3), 533–544. https://doi.org/10.21776/ub.jamal.2022.13.3.39

Rahmi, N. U., Andrew, A., Stefani, A., & Fenita, F. (2021). Analisis Rasio Keuangan terhadap Harga Saham pada Perusahaan Food and Beverages. Owner: Riset & Jurnal Akuntansi, 5(5), 380–395. https://doi.org/10.33395/owner.v5i2.481

Sahari, K. A., & Suartana, I. W. (2020). Pengaruh NPM, ROA, dan ROE terhadap Harga Saham Pada Perusahaan LQ45. E-Jurnal Akuntansi, 30(5), 1258–1269. https://doi.org/10.24843/EJA.2020.v30.i05.p15

Sitorus, T., Pardede, R., & Ardi, A. (2019). The Influence of Liquidity and Profitability Toward Share Price: Mediated Effect of Hedging (Evidences From Shares of LQ-45 Listed in Indonesian Stock Exchange for Period of 2011 to 2015). Humanities & Social Sciences Reviews, 7(5), 150–160. https://doi.org/10.18510/hssr.2019.7519

Spence, M. (1973). Spence1973. The Quarterly Journal of Economics, 87(3), 355–374. http://www.jstor.org/stable/1882010

Sugiyono, S. (2019). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Alfabeta.

Sutriyadi, R. (2023). Pengaruh ROA, ROE, EPS, dan NPM Terhadap Harga Saham Indeks LQ45 Tahun 2018-2022. Jurnal Lentera Akuntansi, 8(1), 249–261. https://doi.org/10.34127/jrakt.v8i1.864

Triyanti, N. K., & Susila, G. P. A. J. (2021). Pengaruh NPM, ROA, dan EPS Terhadap Harga Saham pada Perusahaan Sub Sektor Perbankan di BEI. Jimat: Jurnal Ilmiah Mahasiswa Akuntansi Undiksha, 12(2), 635–646. https://doi.org/10.23887/jimat.v12i2.32730

Veronika, A., & Zuhroh, I. (2021). Fundamental Factor Analysis on Banking Stock Price In LQ45. Jurnal Reviu Akuntansi Dan Keuangan, 11(1), 118–137. https://doi.org/10.22219/jrak.v11i1.16115

Wijayani, D. I. L., Febrianti, D., & Ghozi, S. (2022). Pengaruh Profitabilitas Terhadap Harga Saham Pada Bank Swasta di Indonesia. Akuntabel, 19(3), 499–507. https://doi.org/10.29264/jakt.v19i3.11586

Wulandari, B., Daeli, I. J., Br Bukit, I. K., & Sibarani, W. N. S. (2020). Pengaruh ROE, CR, TATO, NPM terhadap Harga Saham Pada Perusahaan Manufaktur Sub Customer Goods yang terdaftar di Bursa Efek Indonesia. Owner: Riset & Jurnal Akuntansi, 4(1), 114–124. https://doi.org/10.33395/owner.v4i1.187

Published
2024-10-01
How to Cite
Natania Naftali, Ika Nur Azmi, & Haryono Haryono. (2024). Analisis pengaruh faktor fundamental terhadap harga saham perbankan. Akuntansi Dan Teknologi Informasi, 17(2), 175-191. https://doi.org/10.24123/jati.v17i2.6459