PENGARUH KINERJA KEUANGAN (EPS, ROE DAN DER) TERHADAP RETURN SAHAM (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bei Tahun 2016-2018)

Abstract

Investing in stocks always requires funds as capital costs and the risk of shares to be obtained will definitely vary, according to the investment principle, the higher the investment risk, the higher the return desired by investors. This study seeks to study some financial ratios that can be used as predictors in investment returns. This study analyzes the effect of EPS, ROE, and DER financial performance on stock returns on manufacturing companies listed on the Indonesia Stock Exchange 2016-2018. The sample in this study were 49 companies that were sampled. Based on the test results, it is concluded that the financial performance as measured by ROE, DER and EPS has an effect on stock returns. Partial testing concluded that the ROE Variable affects Stock Return, while the DER and EPS Variables do not affect the Stock Return

Keywords: with ROE, DER, EPS and stock returns