Pengaruh EPS, NPM, PER dan Inflasi Terhadap Return Saham Pada Perusahaan BUMN Go Public
Abstract
Abstract
This research aims to analyze the effect of Earning Per Share (EPS), Net Profit Margin (NPM), Price Earning Rasio (PER),and inflation on stock return of go public state-owned enterprises from 2012 until 2017. Data of this research were derived from the publication of Bursa Efek Indonesian from 2012 until 2017. The number of sampel of this research are the multiple linear regression and the hypothesis testing by using F and t test, performed classical assumption first. Research finding show that EPS, NPM, PER and inflation simultaneously have significant effect on stock return. Partially, PER and EPS have positive and significant effect on stock return, meanwhile NPM and inflation have negative and significant effect on stock return. The dominant variable in explaining stock return is EPS. R2value in this research is 0.384. This number means 38,4% of stock return as dependent variable can be explained by independent variables like EPS, NPM, PER, inflation, while the resto f 61,6% is explained by other variables.
Keywords : EPS, Inflation, NPM, PER and Stock Return
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