FINANCIAL PERFORMANCE ANALYSIS TO STOCK’S PRICE OF THE METAL MANUFACTURING SECTOR IN INDONESIA STOCK EXCHANGE

Abstract

The metal industry and the others should have a good financial performance in order to stock the metal industry and the others can always be improved so that investors are willing to invest their funds in the metal industry and the others. It is necessary to the analysis of financial statements that are presented in the form of comparisons or financial ratios to determine the company's financial performance metal industry and the others.
The study objective was to determine whether the company financial ratios covering CR, DER, NPM, ROA, ROE, and EPS has a positive effect on stock prices. The samples are 13 companies manufacturing sectors like metals and listed on the Stock Exchange. There are two variables that are raised: the stock price as the dependent variable and the financial ratios as independent variables. The method used in this research are multiple linear regression analysis.
From the test results it can be seen that simultaneous CR, DER, NPM, ROA, ROE, and EPS have a significant influence on stock prices. Partially DER had a significant effect on stock prices, while the CR, NPM, ROA, ROE, and EPS had no significant effect on stock prices.
Keywords: CR, DER, NPM, ROA, ROE, EPS and Stock Price.