Pengaruh Nilai Rasio Keuangan Terhadapap Return Saham pada Perusahaan Sektor Konstruksi yang Terdaftar di BEI Periode 2020-2023

Muhammad Naufal, Al Fajr (2025) Pengaruh Nilai Rasio Keuangan Terhadapap Return Saham pada Perusahaan Sektor Konstruksi yang Terdaftar di BEI Periode 2020-2023. Masters thesis, Institut Teknologi Sepuluh Nopember.

Text 6032221198-Master_Thesis.pdf - Accepted Version Restricted to Repository staff only until 1 April 2027. Download (2MB) | Request a copy

Abstract

Industri konstruksi di Indonesia merupakan sektor potensial yang berkontribusi signifikan terhadap pertumbuhan ekonomi, terutama pada 2022 dengan ditandai adanya kenaikan harga saham. Permintaan infrastruktur yang meningkat menjadikan perusahaan dengan kinerja keuangan solid dan manajemen risiko efektif lebih diminati pasar. Penilaian kondisi perusahaan dapat dilakukan melalui lima rasio keuangan utama: likuiditas, solvabilitas, profitabilitas, aktivitas, dan nilai pasar, yang membantu mengidentifikasi apakah saham dinilai sesuai dengan fundamentalnya. Penelitian ini mengkaji pengaruh rasio keuangan Current Ratio, Debt to Total Assets, Total Asset Turnover (TATO), Return on Equity (ROE), dan Earnings per Share (EPS) terhadap return saham perusahaan konstruksi di BEI periode 2020-2023. Menggunakan data panel dari 9 perusahaan, adanya korelasi antara ROE dan EPS menyebabkan EPS di eliminasi. hasil penelitian menunjukkan bahwa secara parsial Debt to Total Assets berpengaruh signifikan secara negative terhadap return saham, sedangkan Current Ratio, Total Asset Turnover dan Earnings per Share (EPS) tidak berpengaruh signifikan. Secara simultan kelima rasio ini berpengaruh signifikan terhadap return saham. Hasil penelitian ini menunjukkan bahwa nilai optimum Rasio debt to total assets adalah 0,7867. Maka dari itu Perusahaan harus memperhatikan perntingnya efisiensi modal kerja, rasio utang yang sehat, dan peningkatan ekuitas melalui strategi ekspansi untuk meningkatkan daya tarik investasi dan kinerja saham perusahaan konstruksi
====================================================================================================================================
The construction industry in Indonesia is a potential sector that contributes significantly to economic growthneconomic growth, especially in 2022 with rising share prices. The increasing demand for infrastructure makes companies with companies with solid financial performance and effective risk management are more attractive to the market. Assessment of a company's condition can be done through five key financial ratios: liquidity, solvency, profitability, activity, and market value, which help identify whether a stock is valued according to its fundamentals. identify whether a stock is valued in line with its fundamentals. Research This study examines the effect of the financial ratios Current Ratio, Debt to Total Assets, Total Asset Turnover (TATO), Return on Equity (ROE), and Earnings per Share (EPS) on stock returns. per Share (EPS) on the stock return of construction companies on the IDX for the period 2020-2023. Using panel data from 9 companies, there is a correlation between ROE and EPS caused EPS to be eliminated. the results showed that partially Debt to Total Assets has a negative significant effect on stock returns, while Current Ratio, Total Asset Turnover and Earnings per Share (EPS) have no significant effect. Simultaneously, these five ratios have a significant effect on stock returns. The results of this study indicate that the optimum value of debt to total assets ratio is 0.7867. Therefore, the company must pay attention to the importance of working capital efficiency, healthy debt ratios, and increasing equity through expansion strategies to increase the attractiveness of the company. equity through expansion strategies to increase investment attractiveness and stock performance of construction companies

Item Type:	Thesis (Masters)
Uncontrolled Keywords:	Rasio Keuangan, Return Saham, Perusahaan Konstruksi
Subjects:	T Technology > T Technology (General)
Divisions:	Interdisciplinary School of Management and Technology (SIMT) > 61101-Master of Technology Management (MMT)
Depositing User:	Muhammad Naufal Al Fajr
Date Deposited:	30 Jan 2025 06:02
Last Modified:	30 Jan 2025 06:02
URI:	http://repository.its.ac.id/id/eprint/117108

Actions (login required)

View Item